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    Reference: 20140119
    Release date: 19 May 2014

    Promoter – Financial Intermediary

    The project promoter is the Slovak National Highway Company: Narodna dialnicna spolocnost, a.s. (NDS). NDS is the responsible authority for the development of motorways and expressways in Slovakia. The company is fully owned and managed by the Ministry of Transport, Construction and Regional Development. NDS staff administered the works contracts. Supervision services for the project were untaken by NDS. Construction works are completed.

    Location

    Description

    The project consists of the construction of a new 14.2 km section of the R4 Expressway between Kosice and Milhost in Slovakia.

    Objectives

    The R4 expressway is located in eastern Slovakia and when complete will, together with a section of the D1 motorway, provide a north-south road corridor connecting Poland and Hungary.

    Comments

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 45 million

    Total cost (Approximate amount)

    EUR 91 million

    Environmental aspects

    The project was included in the Operational Transport Programme 2007-2013 for Slovakia, which falls within the scope of the strategic environmental assessment Directive 2001/42/EC. The project is a class of development that is included under Annex I of the environmental impact assessment Directive 2011/92/EU and subject to full procedure. The project passes through a special protected area defined under the Birds Directive 2009/147/EC. Environment and nature conservation decisions have been issued by the national competent authorities.

    Procurement

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC and Directive 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where required.

    Status

    Approved - 25/07/2014

    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).

    Related tags

    Slovakia Transport