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Signature(s)

Amount
€ 87,000,000
Countries
Sector(s)
Romania : € 87,000,000
Health : € 87,000,000
Signature date(s)
19/12/2022 : € 87,000,000
Link to source

Summary sheet

Release date
16 October 2020
Status
Reference
Under appraisal | 16/10/2020
20200654
Project name
Promoter - financial intermediary
COVID-19 RESPONSE ROMANIA PUBLIC SECTOR
ROMANIA - MINISTRY OF REGIONAL DEVELOPMENT AND PUBLIC ADMINISTRATION
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 87 million
EUR 111 million
Location
Sector(s)
  • Health - Human health and social work activities
Description
Objectives

Financing of investments designed to strengthen the Romanian healthcare sector and to improve preparedness and responsiveness to the COVID-19 pandemic and similar threats.

The project concerns the modernisation of healthcare infrastructure and equipment in several Romanian hospitals. The project is expected to substantially improve the quality of public medical services offered to citizens, at a time when the Romanian healthcare system is under considerable pressure from the ongoing COVID-19 crisis.

Environmental aspects
Procurement

The project comprises of construction and refurbishment of selected healthcare facilities. The Bank's services will verify during appraisal the screening decision of the competent authority and the corresponding environmental impact assessments (EIAs), if any are required. 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 healthcare facilities 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 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 Data Sheet (ESDS) - COVID-19 RESPONSE ROMANIA PUBLIC SECTOR
Publication Date
11 Dec 2020
Document language
Main Topic
Lending
Document Number
134319693
Document Focus
Environmental Information
Project Number
20200654
Sector(s)
Regions
Countries
Publicly available
Download now

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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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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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