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    Reference: 20150620
    Release date: 5 February 2016

    Promoter – Financial Intermediary




    Part financing of small and medium-sized investment schemes in the City of Opole, relating mainly to the road infrastructure, cultural, educational and recreational facilities


    Part financing of small and medium investment schemes in the City of Opole, relating mainly to the road infrastructure, cultural, educational and recreational facilities


    Proposed EIB finance (Approximate amount)

    PLN 345 million (EUR 81 million)

    Total cost (Approximate amount)

    PLN 1117 million (EUR 263 million)

    Environmental aspects

    The project includes multiple schemes, some of which may fall under Annex I or II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU. For any scheme with a potentially negative impact on a Natura 2000 area (falling under the Habitats Directive 92/43/EEC or Birds Directive 2009/147/EC) the EIB requires the promoter to act according to the provisions of the aforementioned directives as transposed into national law. It is a general requirement that all schemes must be implemented in compliance with EU environmental legislation. This will be addressed during appraisal for the concerned projects. For schemes involving the construction of new rolling stock, the production will take place in the manufacturer's plants and does not fall within the scope of Directive 2011/92/EU, therefore no environmental impact assessment is required for the project. Such schemes are expected to deliver positive environmental benefits due to the substitution of obsolete rolling stock with high performance new buses. The measures to be taken by the promoter in the decommissioning of old rolling stock will be further checked at appraisal as well as all other environmental aspects. The prioritisation of public transport is expected to increase the public transport's share in modal split.


    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 (Directives 2004/18/EC, or 2014/24/EU where applicable, and/or 2004/17/EC , or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, 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 - 28/06/2016


    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

    Poland Urban development