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    Reference: 20210611
    Release date: 28 December 2021

    Promoter – Financial Intermediary

    ROMANIA

    Location

    Description

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

    Objectives

    The aim of this Project is to tackle the systemic healthcare emergency created by the COVID-19 outbreak, especially in the area of the reinforcement and preservation of the integrity of the Romanian healthcare system in the medium term, and its improved overall functionality and resilience in the longer term.

    Sector(s)

    • Health - Human health and social work activities

    Proposed EIB finance (Approximate amount)

    EUR 142 million

    Total cost (Approximate amount)

    EUR 190 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.

    Procurement

    The contracts for implementation of the project have been and will be tendered in accordance with the 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 EU Official Journal, as and where required.

    Status

    Under appraisal - 28/12/2021

    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