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    Reference: 20200893
    Release date: 15 April 2021

    Promoter – Financial Intermediary

    ROMANIA

    Location

    Description

    The project consists of the construction and equipment of the new Regional Hospital in Craiova. The new hospital will replace the existing fragmented Clinical County Emergency Hospital in the South West region.

    Objectives

    The project's main objective is to improve the quality and efficiency of medical services for patients requiring acute emergency, secondary and tertiary level interventions requiring high-level technology and expertise as well as acting as the Cancer Treatment Centre (CTC) for the SW Region in Romania. In the current context of the COVID-19 crisis, the project is expected to contribute to the country's preparedness and response capacity against future pandemics.

    Sector(s)

    • Health - Human health and social work activities

    Proposed EIB finance (Approximate amount)

    EUR 368 million

    Total cost (Approximate amount)

    EUR 509 million

    Environmental aspects

    The project comprises the construction and equipping of medical facilities. Hospitals are not specifically mentioned in the EIA directive 2014/52/EU amending 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. 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 hospital 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 encourage the Promoter to take into account circular economy principles during the development and future operation of the project.

    Procurement

    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.

    Status

    Approved - 13/10/2021

    Disclaimer

    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

    Romania Health