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    Reference: 20140632
    Release date: 8 May 2015

    Promoter – Financial Intermediary




    Co-financing of a multi-sector investment programme of the Kosice Region in the 2014-2020 EU programming period.


    The operation will be a standard regional framework loan supporting public infrastructure and services included in the Slovak operational programmes and/or in the region’s development plan. Investment will include mainly roads but also schemes in the sectors of education, health and social care facilities, culture and tourism. Priority will be given to investments which qualify for EU funds so that the region can maximise use of EU grant support still available from the 2007-2013 programming period. Other similar schemes from the above-mentioned sectors financed from the region´s own budget or benefiting from EU grants in the 2014-2020 period will be also eligible.


    Proposed EIB finance (Approximate amount)

    EUR 25 million

    Total cost (Approximate amount)

    EUR 70 million

    Environmental aspects

    The project comprises a multi-scheme operation classified as a framework loan and some of the schemes may fall under Annex I or Annex II of Directive 2014/52/EU on environmental impact assessment (EIA). Should any such scheme have a negative impact on an area forming part of the Natura 2000 network (falling under the Habitats Directive 92/43/EEC or Birds Directive 2009/147/EC), the Bank would require the promoter to act according to the provisions of the aforementioned directives as transposed into the national law. It is a requirement that all schemes must be implemented in compliance with EU environmental legislation.


    The Bank will require the promoter to ensure that contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.


    Signed - 15/11/2016


    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 Health Education Urban development Transport