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    Reference: 20160666
    Release date: 12 October 2016

    Promoter – Financial Intermediary




    Programme loan to finance investments of eligible mid-caps in industry, services, tourism and agriculture sectors in Austria, Bulgaria, Cyprus, Czech Republic, Greece, Hungary, Romania and Slovakia


    It is expected that this programme loan will help to accelerate and further mobilise private sector investment, thus furthering the sustainability of mid-caps' competitive advantage over time and creating growth and employment opportunities in Austria, Bulgaria, Cyprus, Czech Republic, Greece, Hungary, Romania and Slovakia.


    Proposed EIB finance (Approximate amount)

    EUR 216 million

    Total cost (Approximate amount)

    EUR 800 million

    Environmental aspects

    The projects to be financed under this programme loan will most likely concern investments expected to be carried out in existing facilities already authorised and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. However, for each sub-operation the Bank's services will review during the project appraisal whether any of the concerned projects could fall under the EIA Directive, as well as any other environmental details of the project.


    The promoters will be private companies not operating in the Utilities sector and not having the status of contracting authority. Thus they are not covered by EU directives on procurement.


    Approved - 13/12/2016


    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

    Greece Bulgaria Hungary Romania Austria Cyprus Czech Republic Slovakia Credit lines