Release date: 8 December 2010
Promoter – Financial Intermediary
ERSTE & Steiermarkische Bank d.d.
Location
Description
Loan for SMEs with a Mid-cap tranche for financing SME and medium-sized companies projects (including projects in the field of tourism), small and medium scale infrastructure projects promoted by local authorities and any size industrial investment in the fields of the Knowledge Economy, energy and environmental protection. It is expected that grant schemes provided by the European Commission under the Energy Efficiency Finance Facility will be included in the loan.
Objectives
Long term financing at affordable interest rates for SME and intermediate-sized companies projects, small and medium scale infrastructure projects promoted by local authorities and any size industrial investment in the fields of Knowledge Economy, energy and environmental protection.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 27/10/2011
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).