BELARUS
BULGARIA
Social Inclusion Project: P100657- Implementation Status Results Report: Sequence 06.The project development objective for the Social Inclusion Project is to promote social inclusion through increasing the school readiness of children below the age of 7, targeting lowincome and marginalized families (including children with a disability and other special needs). World Bank.Author: Pojarski,Peter Ivanov. Document Date: 2012/01/02. Document Type: Implementation Status and Results Report. Report Number: ISR4429
CZECH REPUBLIC
HUNGARY
POLAND
The European Investment Bank (EIB) is providing a EUR 150 million loan to finance the construction, commissioning and operation of a containerboard plant with a capacity of 440,000 tonnes per annum in Ostroleka, located 120 km north-east of Warsaw. The new containerboard plant will be based wholly on the use of recycled fibre as a raw material for packaging applications. Once in operation, the plant will contribute towards implementation of the EU policy to foster “resource efficiency”, i.e. producing more value by using less material. Work on the project have started and commercial operation is expected to begin in early 2013. The EIB loan will help to promote an increase in paper collection rates and a greater utilisation of waste paper in Poland, thereby reducing the amount of paper destined for landfills and encouraging further improvements in the paper collection system. The current project is a continuation of the very successful cooperation with the Stora Enso Group, the recipient of the EIB loan and promoter of the project. To date, the Bank has supported seven investments made by this group in various areas of the paper and forestry industries, including the co-financing of R&D activities.Release date: 21 December 2011 Reference: 2011-210-EN.Dušan Ondrejička d.ondrejicka@eib.org +352 43 79 - 83334 +352 621 45 92 34
Post-Accession Rural Support Project. The PARSP has the following development objectives: (i) to increase social inclusion in rural underdeveloped gminas through enhancing the capacity of local governments to identify, plan, and execute social inclusion strategies through a Social Inclusion Fund (SIF); and, (ii) to support KRUS reform by improving the efficiency of the KRUS Agency through strengthening its administrative and analytic capacity and enabling better management of decision processes during its reform process. Medium-term objectives include: (a) quickly building rural gmina capacity in handling SIF-financed activities so that these rural gminas will be prepared to absorb similar social inclusion-focused programs which could become available under the 2007-2013 National Development Plan; and, (b) developing a targeted instrument (the SIF) for disadvantaged gminas to mitigate the potentially negative impact of future KRUS premia increases on rural families. World Bank.Author:Owen,Daniel P.Document Date:2011/12/04.Document Type:Implementation Status and Results Report.Report Number: ISR3195 Poland. Post-Accession Rural Support Project : P065270 - Implementation Status Results Report : Sequence 10
Post-Accession Rural Support Project. The PARSP has the following development objectives: (i) to increase social inclusion in rural underdeveloped gminas through enhancing the capacity of local governments to identify, plan, and execute social inclusion strategies through a Social Inclusion Fund (SIF); and, (ii) to support KRUS reform by improving the efficiency of the KRUS Agency through strengthening its administrative and analytic capacity and enabling better management of decision processes during its reform process. Medium-term objectives include: (a) quickly building rural gmina capacity in handling SIF-financed activities so that these rural gminas will be prepared to absorb similar social inclusion-focused programs which could become available under the 2007-2013 National Development Plan; and, (b) developing a targeted instrument (the SIF) for disadvantaged gminas to mitigate the potentially negative impact of future KRUS premia increases on rural families. World Bank.Author:Owen,Daniel P.Document Date:2011/12/04.Document Type:Implementation Status and Results Report.Report Number: ISR3195 Poland. Post-Accession Rural Support Project : P065270 - Implementation Status Results Report : Sequence 10
R2CF Targu Mures Sub-Project.The EBRD is considering providing a loan of up to €16.2 million loan to S.C. Aquaserv S.A., Mures County, as sub-project under the framework for Romania EU Cohesion Fund Co-Financing for regionalised water companies (the “Framework”), approved on 23 November 2010. The project involves two components. The first component consists of a loan of €11.45 million for upgrading and extension of the water and wastewater infrastructure in line with the relevant EU directives. It will be co-financed by a regional investment programme of up to €115.7 million, which will include significant grant funding from the European Union, the Government of Romania and the local governments under Romania’s Cohesion Fund Programme. The second component of €4.75 million will be used to re-finance the Bank’s existing Municipal Environmental Loan Facility, signed on 23 October 2003
REPUBLIC OF MOLDOVA
Disaster and Climate Risk Management Project: P115634-Implementation Status Results Report: Sequence 03. The Project development objective (PDO) is to strengthen the State Hydrometeorological Service's ability to forecast severe weather and improve Moldova's. capacity to prepare for and respond to natural disasters.World Bank.Author:Gobjila,Anatol.Document Date:2012/01/03.Document Type:Implementation Status and Results Report.Report Number: ISR5676
ROMANIA
Development Policy Loan 3 (DPL 3): P122222-Implementation Status Results Report: Sequence 01. Author: Pauna,Catalin; Document Date:2012/01/04.Document Type: Implementation Status and Results Report.Report Number: ISR574
MUNICIPAL SERVICES PROJECT: P088252 - Implementation Status Results Report: Sequence 10.The objective of the Project is to assist the Borrower to meet EU environmental directives in the water and wastewater sector, thereby improving the quality and coverage of water and wastewater services, mainly through: (i) support of infrastructure development in the municipalities of Bucharest and Arad to provide better water and wastewater service. World Bank.Author:Capannelli,Elisabetta. Document Date:2012/01/03- Document Type: Implementation Status and Results Report.Report Number: ISR4921
MUNICIPAL SERVICES PROJECT: P088252 - Implementation Status Results Report: Sequence 10.The objective of the Project is to assist the Borrower to meet EU environmental directives in the water and wastewater sector, thereby improving the quality and coverage of water and wastewater services, mainly through: (i) support of infrastructure development in the municipalities of Bucharest and Arad to provide better water and wastewater service. World Bank.Author:Capannelli,Elisabetta. Document Date:2012/01/03- Document Type: Implementation Status and Results Report.Report Number: ISR4921
Vimetco Power Romania. Project number:42243.The EBRD is considering arranging up to EUR 207m in senior secured financing for Vimetco Power Romania SRL, a special purpose company owned by Vimetco NV, set up to carry out the first phase of a 250 MWe/195 MWth gas-fired combined cycle power plant (“CCGT”) in Tulcea, Romania. The project is expected to be constructed and commissioned between 2011 and 2014. Its output - power and heat – will be sold on the Romanian market but is expected also to cover part of the needs of the Vimetco group in Romania.The new CCGT will include state-of-the-art technology and will meet National and EU environmental requirements, including the emission standards included in the EU Industrial Emission Directive (IED).
ROSEFF SME Energy Efficiency-BRD.The EBRD is considering a SME Energy Efficiency Facility of up to EUR 20 million to BRD SocGen (BRD) to be on-lent by BRD to SMEs in Romania. The proceeds of the loan will be used by BRD to provide medium and long-term financing to private companies for projects aiming to save energy. In addition, the EBRD is also considering a Municipality Energy Efficiency Facility of EUR 10 million. Both projects will be implemented under distinct frameworks already made public.
BRD-MEE. The EBRD is considering a Municipality Energy Efficiency Facility of up to EUR 10 million to BRD SocGen (BRD) to be on-lent by BRD to municipalities in Romania. The proceeds of the loan will be used by BRD to provide medium and long-term financing to municipalities and private ESCO companies for projects aiming to save energy. In addition, the EBRD is also considering a SME Energy Efficiency Facility of EUR 20 million. Both projects will be implemented under distinct frameworks already made public.
R2CF Galati sub-project.The EBRD is considering providing a local currency loan of up to RON 55.5 million (EUR 13.2 million equivalent) to SC Apa Canal SA Galati for water and wastewater infrastructure improvements. The financing is a sub-project of the EUR 200 million Framework for Romania EU Cohesion Fund Co-Financing for regionalised water companies (the “Framework”). The project summary document for the Framework was published on 23 September 2010. The proposed project, which is part of a EUR 129.8 million regional investment programme co-financed by significant grant funding from the European Union, the Government of Romania and the local governments under Romania’s Cohesion Fund Programme, will enable the Company to extend and rehabilitate its network in the County of Galati as well as to improve water and wastewater services in five main localities in the County, namely: Galati city, Tecuci, Targu Bujor, Pechea and Liesti. Investments are expected to significantly reduce water losses, optimise operating costs and expand water supply and wastewater collection and treatment services in Galati County in line with relevant EU directives. The EUR 13.2 million equivalent loan project is a sub-project of the EUR 200 million R2CF Framework (Project ID 41666) approved by the Bank to co-finance projects in Romania’s water and wastewater sector alongside EU Cohesion Funds.
R2CF Covasna sub-project. The EBRD is considering providing a loan of to €7.6 million to S.C. Gospodarie Comunala S.A for water and wastewater infrastructure improvements. The financing is a sub-project of the €200 million Framework for Romania EU Cohesion Fund Co-Financing for regionalised water companies (the “Framework”). The project will be cofinanced by a regional investment programme of up to of €78.9 million, which will include significant grant funding from the European Union, the Government of Romania and the local governments under Romania’s Cohesion Fund Programme. The investments are expected to significantly reduce water losses, optimise operating costs and expand the water supply and wastewater collection and treatment services in Covasna County, in line with relevant EU directives.
SLOVAKIA
UCRANIA
YUGREFTRANSFLOT (YTF). The EBRD is considering providing two Maltese registered companies ultimately 100per centowned by Public JSC Yugreftransflot of Ukraine (‘YTF’) with a long term senior loan to finance part of the acquisition cost of two multi-purpose (5190dwt) dry cargo vessels built in 2012 ( the ‘Project Vessels’).This Project will support YTF’s strategy of diversifying its business from the reefer sector ( refridgerated cargoes) to the dry bulk short sea markets for shipments such as grains and coal.in the Sea of Azov, Black-Sea, and the Mediterranean.
DNIPROPETROVSK METRO EXTENSION PROJECT. The EBRD is considering financing an extension of Metro Line I in the City of Dnipropetrovsk. The existing six-station line will be extended by four kilometres and three stations will be added in order to provide metro services into the City centre, serving areas of high urban density and land-use activity. The project will achieve important institutional and regulatory improvements by devolving ownership of the metro operating company Dnipropetrovskiy Metropolitan from the central government to the City and by introducing a public service contract to ensure the sustainability of user oriented services over the long term.
UKRSIBBANK- CAPITAL INCREASE- UKRAINE. EBRD. Project number:43452.The EBRD is considering subscription to new ordinary shares of JSC “UkrSibbank”, Ukraine (part of BNP Paribas Group) by participating in its capital increase on a proportional basis. The investment is a follow-on from EBRD’s investment in UkrSibbank’s equity in 2010 and will support the bank’s capitalisation and facilitate implementation of UkrSibbank’s development strategy.
SEAF Caucasus Growth Fund.Nuclear Power Plant Safety Upgrade Program. The EBRD is considering providing financing, in parallel with Euratom (as represented by the European Commission), for safety upgrades only, at all 15 operating nuclear power units in Ukraine to bring them in line with internationally accepted safety standards and the Ukrainian requirements. The project includes measures to replace equipment in safety relevant systems, such as the modernisation of monitoring and control equipment, as well as operational measures. The programme has been developed on the basis of a successfully completed safety upgrade programme for two nuclear power units (the Khmelnitsky 2 and Rivne 4) in Ukraine funded with EBRD and Euratom loans. The upgrade program has been developed by Energoatom taking into account the International Atomic Energy Agency recommendations as well as comments from Ukrainian and international experts. The EC has provided assistance to the Ukrainian nuclear regulatory authority in the review of the proposed upgrade programme to ensure internationally acceptable safety levels. The project will also allow for the Bank, as part of the loan requirements, to engage with the authorities to ensure that “Stress Tests” are performed and the results implemented at Energotatom’s units.
Zaporizhzhia Energy Efficiency Project. The EBRD is considering providing a €12.5 million loan to finance the installation of new gas engine units for simultaneous co-generation of heat and electricity and the installation of individual heating stations at the building level in the district heating system of the city of Zaporizhzhia in Ukraine.
DNIPROPETROVSK METRO EXTENSION PROJECT. The EBRD is considering financing an extension of Metro Line I in the City of Dnipropetrovsk. The existing six-station line will be extended by four kilometres and three stations will be added in order to provide metro services into the City centre, serving areas of high urban density and land-use activity. The project will achieve important institutional and regulatory improvements by devolving ownership of the metro operating company Dnipropetrovskiy Metropolitan from the central government to the City and by introducing a public service contract to ensure the sustainability of user oriented services over the long term.
UKRSIBBANK- CAPITAL INCREASE- UKRAINE. EBRD. Project number:43452.The EBRD is considering subscription to new ordinary shares of JSC “UkrSibbank”, Ukraine (part of BNP Paribas Group) by participating in its capital increase on a proportional basis. The investment is a follow-on from EBRD’s investment in UkrSibbank’s equity in 2010 and will support the bank’s capitalisation and facilitate implementation of UkrSibbank’s development strategy.
SEAF Caucasus Growth Fund.Nuclear Power Plant Safety Upgrade Program. The EBRD is considering providing financing, in parallel with Euratom (as represented by the European Commission), for safety upgrades only, at all 15 operating nuclear power units in Ukraine to bring them in line with internationally accepted safety standards and the Ukrainian requirements. The project includes measures to replace equipment in safety relevant systems, such as the modernisation of monitoring and control equipment, as well as operational measures. The programme has been developed on the basis of a successfully completed safety upgrade programme for two nuclear power units (the Khmelnitsky 2 and Rivne 4) in Ukraine funded with EBRD and Euratom loans. The upgrade program has been developed by Energoatom taking into account the International Atomic Energy Agency recommendations as well as comments from Ukrainian and international experts. The EC has provided assistance to the Ukrainian nuclear regulatory authority in the review of the proposed upgrade programme to ensure internationally acceptable safety levels. The project will also allow for the Bank, as part of the loan requirements, to engage with the authorities to ensure that “Stress Tests” are performed and the results implemented at Energotatom’s units.
Zaporizhzhia Energy Efficiency Project. The EBRD is considering providing a €12.5 million loan to finance the installation of new gas engine units for simultaneous co-generation of heat and electricity and the installation of individual heating stations at the building level in the district heating system of the city of Zaporizhzhia in Ukraine.
