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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    Austria : € 75,000,000
    Industry : € 75,000,000
    Signature date(s)
    18/07/2014 : € 75,000,000
    Link to source

    Summary sheet

    Release date
    21 October 2013
    Status
    Reference
    Signed | 18/07/2014
    20130384
    Project name
    Promoter - financial intermediary
    KTM 2WHEELS RDI MIDCAP RSFF
    KTM AG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    EUR 164 million
    Location
    Sector(s)
    Description
    Objectives

    The EIB financing is related to R&D focusing on (i) fuel economy, (ii) safety and (iii) development of new materials .

    Knowledge Economy 100%
    Climate Action (transversal) 50%

    Environmental aspects
    Procurement

    The project will be carried out in existing facilities already authorised that will not change the scope due to the project; moreover the project does not include any capital expenditures related to test benches for engines or permanent racing and test tracks for motorised vehicles therefore the need for an EIA is unlikely. The Bank’s services will however verify the environmental details during the due diligence.

    The promoter is a private company not operating in the utilities sector and not having a status of a contracting authority. Thus, it is not covered by the EU directives on procurement.

    Comments

    The Risk Sharing Finance Facility (RSFF) is an innovative credit risk sharing scheme jointly set up by the European Commission and the European Investment Bank to improve access to debt financing for private companies or public institutions promoting activities with a higher financial risk profile in the fields of research, technological development, demonstration and innovation investments.

    Link to source

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - KTM 2WHEELS RDI MIDCAP RSFF
    Publication Date
    11 Apr 2014
    Document language
    Main Topic
    Lending
    Document Number
    52436738
    Document Focus
    Environmental Information
    Project Number
    20130384
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - KTM 2WHEELS RDI MIDCAP RSFF
    Publication Date
    1 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    83811698
    Document Focus
    Environmental Information
    Project Number
    20130384
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
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