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Summary sheet

Release date
15 April 2025
Status
Reference
Under appraisal | 03/03/2025
20250061
Project name
Promoter - financial intermediary
VARAZDIN SUSTAINABLE URBAN DEVELOPMENT FL
CITY OF VARAZDIN
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 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
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).

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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