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        DON GNOCCHI HEALTHCARE & RESEARCH

        Signature(s)

        Amount
        € 150,000,000
        Countries
        Sector(s)
        Italy : € 150,000,000
        Health : € 150,000,000
        Signature date(s)
        8/06/2007 : € 30,000,000
        25/06/2010 : € 120,000,000

        Summary sheet

        Release date
        7 May 2007
        Status
        Reference
        Signed | 08/06/2007
        20060305
        Project name
        Promoter - financial intermediary
        Don Gnocchi Healthcare & Research
        "Fondazione Don Carlo Gnocchi Onlus" (hereafter the "Foundation") is a not-for-profit organisation, created in 1945 to provide care, rehabilitation and social integration to WWII orphans and severely injured children. The Foundation manages today a network of 31 facilities of care and rehabilitation throughout Italy and is at the forefront of clinical research in the field of rehabilitation. All centres are accredited by the Italian National Healthcare System (SSN) and two of them are also recognised as Institutions of Hospitalisation and Scientific Care (IRCCS).
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 150 million.
        EUR 300 million.
        Location
        Sector(s)
        Description
        Objectives

        The project refers to the promoter's 2006-2011 investment plan, comprising the construction of two long-term care and research-training facilities and the restructuring and refurbishment of 31 existing buildings already operated by the Foundation.

        Financing of the investment programme in new healthcare and research facilities of the Foundation.

        Environmental aspects
        Procurement

        Council Directive 97/11/EEC on Environmental Impact Assessment (EIA), as amended by 2003/35, does not specifically mention healthcare centres and clinics, but these could in some circumstances be seen as urban development projects (thus falling under Annex II of the Directive). The basis for requesting an EIA by the competent authorities will be verified during project appraisal.

        Being a private entity, the Promoter is not obliged to follow public procurement procedures, unless it receives public money (structural funds, regional funds, etc.) to co-finance the works. Such cases will be verified during appraisal.

        Comments

        Research & Development.

        Disclaimer

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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