Original disclosure @ EBRD website
Updated in EWS Mar 14, 2023
Disclosed by Bank Oct 10, 2022
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Up to RON 300 million (~EUR 63 million) to Compania Nationala de Administratie a Infrastructurii Rutiere. The loan will finance rehabilitation/maintenance works of several national roads and related infrastructure across Romania.
The proposed Project will support the Romanian transport sector through the rehabilitation of several sections of key motorways across the Country. It is expected to have a significant effect on the quality of transport services. In addition, the proposed rehabilitation works will incorporate climate adaptation elements in their design to improve the resilience of the transport network against the physical damage caused by the climate change.
CNAIR is a state-owned entity having the Government of Romania, through the Ministry of Transport, as sole shareholder. The Company manages the Romanian highway and national road network through a public service contract.
Client - Compania Nationala de Administratie a Infrastructurii Rutiere (CNAIR):
Phone: (+4 021) 2643401 / (+4 021) 2643431
Address: Bd. Dinicu Golescu, nr.38, sector 1, Bucuresti
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: email@example.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html