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    Signature(s)

    Amount
    € 1,000,000,000
    Countries
    Sector(s)
    Romania : € 1,000,000,000
    Transport : € 1,000,000,000
    Signature date(s)
    18/07/2017 : € 1,000,000,000

    Summary sheet

    Release date
    23 November 2016
    Status
    Reference
    Signed | 21/07/2017
    20150712
    Project name
    Promoter - financial intermediary
    ROMANIA EU-COFINANCING FOR TRANSPORT 2014-20
    COUNTERPART(S) TO BE DETERMINED
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 1000 million
    EUR 6800 million
    Location
    Sector(s)
    Description
    Objectives

    Structural programme loan to co-finance transport investments under the Large Infrastructure Operational Programme 2014-2020 in Romania

    The project is a structural programme loan (SPL) for Romania covering the transport components of the Large Infrastructure Operational Programme (LIOP) 2014-2020.

    Environmental aspects
    Procurement

    A strategic environmental assessment (SEA) is required for all operational programmes co-financed with EU funds. Compliance with the SEA Directive (2001/42/EC) will be assessed for the transport components of LIOP 2014-2020. The environmental impact and compliance of each project with the Environmental Impact Assessment (EIA) Directive 2014/52/EU, Habitats Directive 92/43/EEC, Birds Directive 2009/147/EC and others, will be assessed in accordance with the procedures to be adopted for the SPL. The Bank requires the promoter to act according to the provisions of the aforementioned directives as transposed into national law.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation: Directives 2014/24/EU and 2014/25/EU, where applicable, as well as Directive 92/13/EEC or Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - ROMANIA EU-COFINANCING FOR TRANSPORT 2014-20
    Publication Date
    16 Jun 2017
    Document language
    Main Topic
    Lending
    Document Number
    68053555
    Document Focus
    Environmental Information
    Project Number
    20150712
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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