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    Signature(s)

    Amount
    € 170,000,000
    Countries
    Sector(s)
    Austria : € 170,000,000
    Industry : € 170,000,000
    Signature date(s)
    21/12/2020 : € 50,000,000
    23/07/2018 : € 120,000,000
    Link to source

    Summary sheet

    Release date
    30 May 2018
    Status
    Reference
    Signed | 23/07/2018
    20180157
    Project name
    Promoter - financial intermediary
    KTM MOTORCYCLE RDI
    KTM AG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 170 million
    EUR 334 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the promoter's investments in Research, Development and Innovation (RDI) in the field of electrical propulsion systems, cooperative intelligent transport systems, lightweight design, advanced materials and technologies for motorcycles as well as future urban mobility concepts. The investments will be carried out primarily in the promoter's Research and Development (R&D) centre located in Mattighofen, Austria, for the 2018-2020 period.

    The project aims at developing the next generation products with improved active and passive safety features, improved performance, lighter and with improved fuel economy. Moreover, the project targets the development of zero emission products as well as the development of in-house know-how on batteries (safety, behaviour under extreme conditions, recycling) for electric powered vehicles.

    Environmental aspects
    Procurement

    Research and development activities on motorcycles are not listed in any of the annexes of the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the Directive 2011/92/EU. The financed activities will be carried out in already-authorised existing facilities, that will not change their scope due to the project, thus not requiring any additional environmental permits.

    The promoter is a private company not operating in the Utilities sector and does not have the status of a contracting authority. Thus, it is not covered by EU Directives on procurement. Procedures followed are in the best interest of the project and satisfactory for the Bank.

    Link to source
    Summary sheet

    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 MOTORCYCLE RDI
    Publication Date
    20 Jul 2018
    Document language
    Main Topic
    Lending
    Document Number
    82447854
    Document Focus
    Environmental Information
    Project Number
    20180157
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - KTM MOTORCYCLE RDI
    Publication Date
    25 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    150664375
    Document Focus
    Environmental Information
    Project Number
    20180157
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - KTM MOTORCYCLE RDI
    Publication Date
    21 Sep 2018
    Document Language
    English
    Main Topic
    lending
    Document Number
    86341464
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180157
    Last update
    21 Sep 2018
    Sector(s)
    Industry
    Countries
    Austria
    Publicly available
    Download now

    News & Stories

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    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.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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