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    Summary sheet

    Release date
    15 April 2025
    Status
    Reference
    Approved | 10/07/2025
    20250061
    Project name
    Promoter - financial intermediary
    VARAZDIN SUSTAINABLE URBAN DEVELOPMENT FL
    CITY OF VARAZDIN
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    EUR 100 million
    Location
    Sector(s)
    Description
    Objectives

    The framework loan will finance the implementation of the investment programme 2025-2030 of the City of Varaždin in Croatia.

    The goal is to support eligible projects aligned with the municipality's priorities for the 2025-2030 period.

    Environmental aspects
    Procurement

    The EIB allocates its funds exclusively to eligible projects that are environmentally sustainable. All projects shall comply with EU environmental legislation as well as with the principles and standards of the EIB Group Environmental and Social Policy. The project will contribute to climate action and environmental sustainability objectives.

    The promoter has to ensure that contracts for the project implementation will be tendered in accordance with the applicable EU procurement legislation, Directive 2014/24/EU, 2014/25/EU as well as Directive 92/13/EEC and Directive 89/665/EEC as interpreted by the EU Court of Justice , with publication of tender notices in the EU Official Journal, as and where required.

    Milestone
    Under appraisal
    Approved
    10 July 2025

    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) - VARAZDIN SUSTAINABLE URBAN DEVELOPMENT FL
    Publication Date
    9 Oct 2025
    Document language
    Main Topic
    Lending
    Document Number
    240807854
    Document Focus
    Environmental Information
    Project Number
    20250061
    Sector(s)
    Regions
    Countries
    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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