The value of the non-reimbursable investment accorded by the European Union represent 75% from the total value of each project, the difference of 25% is co-financed from budgetary resources and from loans granted by international finance institutions.
The total value of the project implemented in Suceava city is 52.591.760 Euros, out of which 63.58% represents the non-reimbursable financial assistance granted by the European Union, 12.72% represent a loan from the German Development Bank KfW ( Kredit fur Wiederaufbau) and 23.69% is a national budgetary co-finance.
The value of the co-financing loan from KfW is 6.688.500 Euros worth.
The value of the non-reimbursable financial assistance granted by the European Union is 33.442.500 Euros worth.
The value of the Romanian budgetary co-finance is 12.460.760,58 Euros worth.
After January the 1st 2007, all ISPA financed projects are implemented according to the Regulation CE. NO.1164/1994 establishing the Cohesion Funds.
The value of the contracts related to the ISPA measure in Suceava
Contract 2005/RO/16/P/PE/004 – 1: Technical Assistance for Management and Supervision of ISPA Contracts
Company EPTISA Spain and MVV Energy Germany
The value of the contract: 3.065.720 Euros
Contract 2005/RO/16/P/PE/004 – 2: Water Supply Facilities (including reservoirs, pumping stations, well field rehabilitations and transmission main)
Company TMUCB and ERG TERMROM Romania
The value of the contract: 14.890.573,13 Euros
Contract 2005/RO/16/P/PE/004 – 3: Sewerage Facilities (including storage, overflow basins, pumping stations)
Company LUDWIG PFEIFFER Hoch- und Tiefbau GmbH & Co. KG Germany
The value of the contract: 20.966.365.51 Euros
Contract 2005/RO/16/P/PE/004 - 4: Waste Water Treatment Plant
Company Dytras S.A. Spain
The value of the contract: 13.669.101,94 Euros.