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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Czechia : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
19/05/2009 : € 100,000,000
Link to source

Summary sheet

Release date
3 March 2009
Status
Reference
Signed | 19/05/2009
20090014
Project name
Promoter - financial intermediary
Immorent CEE regional Loan for SMEs I

Immorent Aktiengesellschaft

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 100 million.
Not applicable.
Description
Objectives

EIB loan for SMEs to finance small and medium-sized projects according to the Bank’s eligibility criteria, to be carried out primarily by SMEs in new Member States with Immorent presence and in Austria.

Financing of investments of small/medium scale promoted notably by SMEs, mid-cap enterprises or municipalities. Through the financial intermediary, the credit line would provide long-term funding contributing to the development of term-finance.

Environmental aspects
Procurement

New Member States and Austria have harmonised environmental legislation with EU regulations. Within the framework of the EIB loan for SMEs, the Borrowers will be requested to ensure compliance of the sub-projects with EU directives, as appropriate.

The national legislations regarding public procurement are fully in line with the EU directives. The Borrowers will be requested to ensure compliance of the sub-projects with EU directives, in particular for the award of public sector contracts, as may be appropriate.

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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