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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.

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) - 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.

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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