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    Signature(s)

    Amount
    € 25,000,000
    Countries
    Sector(s)
    Romania : € 25,000,000
    Education : € 25,000,000
    Signature date(s)
    9/07/2019 : € 25,000,000

    Summary sheet

    Release date
    1 June 2018
    Status
    Reference
    Signed | 09/07/2019
    20170262
    Project name
    Promoter - financial intermediary
    BUCHAREST POLYTECHNIC UNIVERSITY
    UNIVERSITATEA POLITEHNICA DIN BUCURESTI
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    EUR 51 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of financing investments for Bucharest Polytechnic University in Romania. The investments concern building research and teaching facilities for the Faculty of Aerospace Engineering and the Faculty of Applied Chemistry and Materials Science.

    This project is part of a longer term modernisation programme of the University and is well aligned with the National Strategy for Research and Innovation for the period 2014-2020. One of the objectives of the modernisation is opening up the University for cooperation with domestic and international public and private research, non-research actors and active contribution to the European Research Area (ERA) and the European Higher Education Area.

    Environmental aspects
    Procurement

    The Directive 2011/92/EU amended by 2014/52/EU does not specifically mention the need for an Environmental Impact Assessment (EIA) for buildings relating to education, but it may be that some sub-projects can be regarded as urban renewal projects (Annex II of the European Directive). This will be studied in detail during the appraisal. The possible impact on natural sites will be checked during the appraisal.

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

    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) - BUCHAREST POLYTECHNIC UNIVERSITY
    Publication Date
    15 Feb 2019
    Document language
    Main Topic
    Lending
    Document Number
    84704572
    Document Focus
    Environmental Information
    Project Number
    20170262
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - BUCHAREST POLYTECHNIC UNIVERSITY
    Publication Date
    15 Mar 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    90480741
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20170262
    Last update
    15 Mar 2019
    Sector(s)
    Education
    Countries
    Romania
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

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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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    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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