Search En menu ClientConnect
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20170524
    Release date: 19 January 2018

    Promoter – Financial Intermediary




    Construction of the new Kainuu Central Hospital to replace the current outdated facilities. The hospital will provide all major healthcare specialties for the regional population, as well as primary healthcare functions in Kajaani city area. The new building will be designed and equipped with a strong emphasis on the integration between primary and specialised care, as well as social services.


    It is expected that the project will bear wider benefits to the community, as healthcare is a critical element of social cohesion and economic development.


    • Health - Human health and social work activities

    Proposed EIB finance (Approximate amount)

    EUR 78 million

    Total cost (Approximate amount)

    EUR 157 million

    Environmental aspects

    Hospitals are not specifically mentioned in the EIA Directive 2014/52/EU amending the Directive 2011/92/EU, though the project is covered by Annex II of the Directive in relation to urban development. The Bank's services will verify during appraisal the screening decision of the competent authority.


    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 2014/24/EU and/or 2014/25/EU and/or 2014/23/EU 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 Official Journal of the European Union, as and where required.


    Signed - 26/04/2018


    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

    Finland Health