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    Reference: 20110397
    Release date: 10 January 2012

    Promoter – Financial Intermediary

    Slovak Republic – Ministry of Transport

    Location

    Description

    The project will modernise part of ZSSK rolling stock for suburban, regional and interregional public passenger railway transport, and consists of the purchase of 2 new locomotives and 32 new train sets, as well as the refurbishment of 10 existing locomotives to make them compatible with the newly purchased train sets.

    Objectives

    The project, with the acquisition of new trains, will improve the quality of public transport service in terms of speed, comfort and reliability and will increase the attractiveness of public transport, thus contributing to reduce reliance on private cars and the negative impact of transport on the environment and thereby contributing to tackling climate change.

    Comments

    Under Framework Loan.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 99.6 million

    Total cost (Approximate amount)

    EUR 243 million

    Environmental aspects

    The purchase of rolling stock does not fall under either Annex I or II of the Environmental Impact Assessment (EIA) Directive 85/337/EEC, as amended; so an EIA is not required. New rolling stock will conform to modern environmental standards. These include reduced noise and pollution, increased energy efficiency and restrictions on the use of some materials. The trainsets will also comply with all the European Technical Standards for Interoperability (TSI) including those for noise emissions and access for persons with reduced mobility.

    Procurement

    The ZSSK is a public promoter obliged to comply with the relevant applicable EU project legislation (EU directive 2004/18) and National Public Procurement legislation. The Promoter has confirmed that contracts for the implementation of the project have been tendered and awarded in accordance with this legal framework.

    Status

    Under appraisal - 10/01/2012

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Slovakia Transport