Release date: 21 September 2005
Promoter – Financial Intermediary
Name: Dott. Fabrizio Tofanelli
Veneto Banca S.c.a.r.l.
Contact: ph: 0423.283207
Location
Description
Multipurpose global loan facility to finance projects of SMEs in industry, services and tourism; public and private promoters with respect to small and medium-sized projects in environment, energy and eligible infrastructure (including health, education and social housing) located mainly in Italy, and for a part, in Romania.
A portion of the facility would be destined to operations in Romania through the group's Italian-based subsidiary Banca Italo-Romena S.p.A., specialized in the support of direct investments by SMEs in Romania.
Objectives
To sustain projects aiming to increase the productivity and competitiveness of small and medium-sized enterprises; to promote investments leading to a more rational use of energy and environmental protection; to promote small and medium-sized infrastructure investments of regional or Community interest.
Comments
Cf. project description above.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 220 million, of which a maximum amount of EUR 20 million will be channeled to SMEs in Romania through Banca Italo-Romeno, a Veneto Banca subsidiary.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Complying with EU and national legislation on environmental protection.
Procurement
Projects presented under the loan to comply with EU procurement procedures. For large investments the Bank recommends that international bidding procedures be followed whenever possible, even if EU directives do not apply.
Status
Signed - 25/07/2006
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).