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Signature(s)

Amount
€ 24,000,000
Countries
Sector(s)
Greece : € 24,000,000
Services : € 24,000,000
Signature date(s)
20/12/2019 : € 24,000,000

Summary sheet

Release date
13 June 2019
Status
Reference
Signed | 20/12/2019
20180744
Project name
Promoter - financial intermediary
NCSR DEMOKRITOS INFRASTRUCTURE EXPANSION PROJECT
HELLENIC REPUBLIC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 24 million
EUR 48 million
Location
Sector(s)
  • Services - Professional, scientific and technical activities
Description
Objectives

The project comprises the expansion and modernisation of the research and development infrastructure within the Greek National Centre for Scientific Research "Demokritos" including its Lefkippos Technology Park. The project involves the construction of three new buildings, the demolition and reconstruction of another building and the renovation of seven other buildings. The project will seek to build, renovate and equip just over 38 000 square meters of improved facilities to continue to support and strengthen the research and development activities at Demokritos.

The project addresses a generic failure to invest in crucial public research infrastructure in Greece and supports the expansion of research and business activities at Demokritos by co-financing the construction of four new research buildings and the renovation of seven other existing ones within the campus of "Demokritos" in Athens, Greece.

Environmental aspects
Procurement

The project covers research facilities of a kind which are not specifically mentioned in the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the Directive 2011/92/EU, though the project is covered by Annex II of the Directive in relation to urban development. The Bank's services will verify during appraisal whether an EIA is required by the competent authority. The project will contain new construction of and renovation to public buildings; therefore, compliance with directive 2010/32/EU on the energy performance in buildings will be verified during the appraisal.

The Bank will require the Promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation, Directive 2014/24/EU, where applicable, as well as Directive 92/13/EEC or Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with the publication of tender notices in the EU Official Journal, as and where required.

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) - NCSR DEMOKRITOS INFRASTRUCTURE EXPANSION PROJECT
Publication Date
26 Sep 2019
Document language
Main Topic
Lending
Document Number
92001035
Document Focus
Environmental Information
Project Number
20180744
Sector(s)
Regions
Countries
Publicly available
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