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Signature(s)

Amount
€ 250,000,000
Countries
Sector(s)
Romania : € 250,000,000
Health : € 250,000,000
Signature date(s)
20/04/2021 : € 250,000,000
Link to source

Summary sheet

Release date
25 August 2020
Status
Reference
Signed | 20/04/2021
20200204
Project name
Promoter - financial intermediary
COVID-19 IASI REGIONAL HOSPITAL
ROMANIA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 250 million
EUR 421 million
Location
Sector(s)
  • Health - Human health and social work activities
Description
Objectives

The project consists of the construction and equipment of the new Regional Emergency Hospital in Iasi.

The project's main objective is to improve the quality and efficiency of medical services for the patients requiring acute emergency, secondary and tertiary level interventions requiring high-level technology and expertise in the country's NE Region. In the current context of COVID-19 crisis, the project is expected to contribute to the country's preparedness and response capacity against future pandemics.

Environmental aspects
Procurement

The project comprises the construction and equipping of medical facilities. Hospitals are not specifically mentioned in the EIA directive 2014/52/EU amending Directive 2011/92/EU, though the project is covered by Annex II of the Directive in relation to urban development. The Bank's services will verify during appraisal the screening decision of the competent authority. In line with Directive 2010/31/EU, the new and rehabilitated buildings will have to meet at least the relevant national targets on energy efficiency. The design energy performance of the hospital and any specific related targets to be met will be verified during appraisal. It is expected that the project will bring wider benefits to the community as healthcare is an element of social cohesion and economic development. The Bank will encourage the Promoter to take into account circular economy principles during the development and future operation of the project.

The Bank will require the Promoter to ensure that contracts for the implementation of the project have been and will 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 publication of tender notices in the Official Journal of the EU, as and where required.

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 Impact Assessment (ESIA) - IASI REGIONAL HOSPITAL - REZUMAT FĂRĂ CARACTER TEHNIC
Publication Date
24 Oct 2020
Document language
Main Topic
Lending
Document Number
134404278
Document Focus
Environmental Information
Project Number
20200204
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - IASI REGIONAL HOSPITAL - Raport la studiul de evaluare a impactului asupra mediului
Publication Date
24 Oct 2020
Document language
Main Topic
Lending
Document Number
134401638
Document Focus
Environmental Information
Project Number
20200204
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - COVID-19 IASI REGIONAL HOSPITAL
Publication Date
26 Nov 2020
Document language
Main Topic
Lending
Document Number
131792841
Document Focus
Environmental Information
Project Number
20200204
Sector(s)
Regions
Countries
Publicly available
Download now

News & Stories

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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.
Alternatively, the EIB can be contacted through its external offices.
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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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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.

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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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