Release date: 16 February 2007
Promoter – Financial Intermediary
United Bulgarian Bank AD
Sofia.
Location
Description
Small and medium scale projects in the fields of energy savings, environmental protection, infrastructure (incl. health, education, social housing), development of a knowledge-based economy, industry, services and tourist industry in Bulgaria.
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 15 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The financial intermediaries will be requested to ensure compliance of the sub-projects with EU Directives, as appropriate.
Procurement
The financial intermediaries will be requested to ensure compliance of the sub-projects with EU Directives, in particular for the award of the public sector contracts, as appropriate.
Status
Signed - 27/08/2007
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).