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Summary sheet

Release date
12 October 2016
Status
Reference
Approved | 13/12/2016
20160666
Project name
Promoter - financial intermediary
MIDCAP PROGRAMME LOAN CENTRAL SOUTH EAST EUROPE
ACCEPTABLE CORPORATE(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 216 million
EUR 800 million
Description
Objectives

Programme loan to finance investments of eligible mid-caps in industry, services, tourism and agriculture sectors in Austria, Bulgaria, Cyprus, Czech Republic, Greece, Hungary, Romania and Slovakia

It is expected that this programme loan will help to accelerate and further mobilise private sector investment, thus furthering the sustainability of mid-caps' competitive advantage over time and creating growth and employment opportunities in Austria, Bulgaria, Cyprus, Czech Republic, Greece, Hungary, Romania and Slovakia.

Environmental aspects
Procurement

The projects to be financed under this programme loan will most likely concern investments expected to be carried out in existing facilities already authorised and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. However, for each sub-operation the Bank's services will review during the project appraisal whether any of the concerned projects could fall under the EIA Directive, as well as any other environmental details of the project.

The promoters will be private companies not operating in the Utilities sector and not having the status of contracting authority. Thus they are not covered by EU directives on procurement.

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).

Documents

Environmental and Social Data Sheet (ESDS) - MIDCAP PROGRAMME LOAN CENTRAL SOUTH EAST EUROPE
Publication Date
16 Dec 2016
Document language
Main Topic
Lending
Document Number
69464520
Document Focus
Environmental Information
Project Number
20160666
Sector(s)
Regions
Publicly available
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