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Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Germany : € 50,000,000
Health : € 50,000,000
Signature date(s)
21/12/2004 : € 22,000,000
23/08/2004 : € 28,000,000
Link to source
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Summary sheet

Release date
26 March 2002
Status
Reference
Signed | 23/08/2004
20010513
Project name
Promoter - financial intermediary
New Länder Private Healthcare
Private owner and operator of 21 hospitals in Germany and Austria.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 50m
Up to EUR 133.5m
Location
Sector(s)
Description
Objectives

The project comprises the construction of two new private acute hospitals (Müllheim and Schkeuditz) and the upgrading / refurbishing of additional four facilities, including medical equipment and information technology.

The project objective is to achieve economic solutions allowing cost savings in hospital operations by removing unfavourable building structures and configurations, with the result of improving the qualitative medical care in the hospitals' catchment area.

Environmental aspects
Procurement

Healthcare facilities do usually not generate significant environmental impact, however contaminated waste will be adequately treated. Although Directive 97/11/EC does not specifically mention hospitals, it could be relevant in case the new or rehabilitated hospital buildings were located in urban areas. It is unlikely that an EIA will be required but this will be verified during appraisal.

Procurement procedures applied by the promoter are in compliance with Council Directives applicable to public authorities procurement and national legislation.

Comments

Hospital activities.

Link to source

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).

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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.

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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