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    Summary sheet

    Release date
    12 October 2016
    Status
    Reference
    Approved | 13/12/2016
    20160666
    Project name
    Promoter - financial intermediary
    MIDCAP PROGRAMME LOAN CENTRAL SOUTH EAST EUROPE
    ACCEPTABLE CORPORATE(S)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million
    EUR 800 million
    Description
    Objectives

    Programme loan to finance investments of eligible mid-caps in industry, services, tourism and agriculture sectors in Austria, Bulgaria, Cyprus, Czech Republic, Greece, Hungary, Romania and Slovakia

    It is expected that this programme loan will help to accelerate and further mobilise private sector investment, thus furthering the sustainability of mid-caps' competitive advantage over time and creating growth and employment opportunities in Austria, Bulgaria, Cyprus, Czech Republic, Greece, Hungary, Romania and Slovakia.

    Environmental aspects
    Procurement

    The projects to be financed under this programme loan will most likely concern investments expected to be carried out in existing facilities already authorised and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. However, for each sub-operation the Bank's services will review during the project appraisal whether any of the concerned projects could fall under the EIA Directive, as well as any other environmental details of the project.

    The promoters will be private companies not operating in the Utilities sector and not having the status of contracting authority. Thus they are not covered by EU directives on procurement.

    Disclaimer

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

    Documents

    Environmental and Social Data Sheet (ESDS) - MIDCAP PROGRAMME LOAN CENTRAL SOUTH EAST EUROPE
    Publication Date
    16 Dec 2016
    Document language
    Main Topic
    Lending
    Document Number
    69464520
    Document Focus
    Environmental Information
    Project Number
    20160666
    Sector(s)
    Regions
    Publicly available
    Download now

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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.
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