Release date: 29 May 2008
Promoter – Financial Intermediary
Several leasing companies active in Romania.Location
Description
Small and medium-scale projects consisting of fixed and movable productive assets in industry (including agriculture and agro-industry), commercial services, health and education, energy and environmental protection in Romania, promoted by Small and Medium-Sized enterprises and/or Public Sector Entities.
Objectives
The credit line would contribute to the development of term finance in Romania. The credit line would provide long term funding for eligible leasing projects promoted by SMEs and/or Public Sector Entities. It is intended to combine the credit line with grant schemes, subject to their availability.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 250 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Within the framework of the credit line, the intermediaries will be requested that final beneficiaries ensure compliance of the sub-projects with EU directives and Romanian regulations, as appropriate.
Procurement
Within the framework of the credit line, the intermediaries will be requested that final beneficiaries ensure compliance of the sub-projects with EU directives and Romanian regulations, in particular for the award of public sector contracts, as appropriate.
Status
Signed - 18/12/2008
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).