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    Reference: 20200654
    Release date: 16 October 2020

    Promoter – Financial Intermediary




    Financing of investments designed to strengthen the Romanian healthcare sector and to improve preparedness and responsiveness to the COVID-19 pandemic and similar threats.


    The project concerns the modernisation of healthcare infrastructure and equipment in several Romanian hospitals. The project is expected to substantially improve the quality of public medical services offered to citizens, at a time when the Romanian healthcare system is under considerable pressure from the ongoing COVID-19 crisis.


    • Health - Human health and social work activities

    Proposed EIB finance (Approximate amount)

    EUR 87 million

    Total cost (Approximate amount)

    EUR 111 million

    Environmental aspects

    The project comprises of construction and refurbishment of selected healthcare facilities. The Bank's services will verify during appraisal the screening decision of the competent authority and the corresponding environmental impact assessments (EIAs), if any are required. In line with Directive 2010/31/EU, the new and rehabilitated buildings will have to meet at least the relevant national targets on energy efficiency. The design energy performance of the healthcare facilities and any specific related targets to be met will be verified during appraisal. It is expected that the project will bring wider benefits to the community as healthcare is an element of social cohesion and economic development.


    The Bank will require the Promoter to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation: Directive 2014/24/EU, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.


    Under appraisal - 16/10/2020


    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

    Romania Health