Release date: 23 August 2006
Promoter – Financial Intermediary
Bancpost
Bucharest, Romania
Location
Description
Small- and medium-scale projects in the fields of environmental protection, energy/energy savings, infrastructure, development of a knowledge-based economy, industry, services and tourist industry in Romania.
Objectives
The loan targets the financing of SME’s, public sector authorities including municipalities and projects of private and public promoters of any size and ownership in the fields of i2i, energy and environmental protection, Mid-cap enterprises.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 20 million.
Total cost (Approximate amount)
Not Applicable.
Environmental aspects
Romania is gradually introducing environmental legislation in view of harmonizing its environmental standards with EU regulations. Within the framework of the global loan, the Borrower will be requested to ensure compliance of the sub-projects with EU directives, as appropriate.
Procurement
Gradually being harmonized with EU regulations. Borrower will be requested to ensure compliance of the sub-projects with EU directives, in particular for the award of public sector contracts.
Status
Signed - 24/10/2006
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).