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Summary sheet

Release date
21 October 2016
Status
Reference
Approved | 13/12/2016
20160751
Project name
Promoter - financial intermediary
MIDCAP PROGRAMME LOAN POLAND & BALTIC STATES
ACCEPTABLE CORPORATE(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 534 million
Location
Sector(s)
Description
Objectives

EIB programme loan to finance investments of eligible mid-caps (with fewer than 3000 employees) from different sectors, with a focus on domestic companies in Poland and in Baltic states

It is expected that this programme loan will help to accelerate and further mobilise private sector investments, thus furthering the sustainability of mid-caps' competitive advantage over time and creating growth and employment opportunities in Poland, Estonia, Latvia and Lithuania.

Environmental aspects
Procurement

The projects to be financed under this programme loan will most likely concern investments that are expected to be carried out in existing facilities without changing their already authorised scope 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 legislation and will ensure that those investments are implemented in compliance with EU legislation.

The promoters of the projects to be financed under this programme loan have been assessed by the EIB as being private companies not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.

Related projects
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) - MIDCAP PROGRAMME LOAN POLAND & BALTIC STATES
Publication Date
16 Dec 2016
Document language
Main Topic
Lending
Document Number
69461456
Document Focus
Environmental Information
Project Number
20160751
Sector(s)
Regions
Publicly available
Download now

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

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.

Zero tolerance against fraud and corruption

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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