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    Summary sheet

    Release date
    24 March 2020
    Status
    Reference
    Approved | 11/06/2020
    20190550
    Project name
    Promoter - financial intermediary
    ROMANIA HIGHER EDUCATION PROGRAMME LOAN
    PUBLIC ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    EUR 200 million
    Location
    Sector(s)
    Description
    Objectives

    The programme loan includes the construction, extension, renovation and rehabilitation of a selected number of university premises in Romania during the period 2021-2025.

    The main objective is to provide better learning conditions for students, as well as improved working and research conditions for university staff, by creating additional capacity in academic and research buildings and by renovating existing spaces that are no longer fit for purpose. These investments are also aimed at adapting infrastructures to new technologies, improving the learning environments and improving accessibility for people with disabilities, and also improving the energy efficiency of buildings.

    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) - ROMANIA HIGHER EDUCATION PROGRAMME LOAN
    Publication Date
    3 Jul 2020
    Document language
    Main Topic
    Lending
    Document Number
    128950140
    Document Focus
    Environmental Information
    Project Number
    20190550
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - ROMANIA HIGHER EDUCATION PROGRAMME LOAN
    Publication Date
    20 Jul 2020
    Document Language
    English
    Main Topic
    lending
    Document Number
    132065297
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20200459
    Last update
    20 Jul 2020
    Sector(s)
    Services, Education
    Countries
    Romania
    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.

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    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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