Release date: 22 November 2005
Promoter – Financial Intermediary
MAN Nutzfahrzeuge AGLocation
Description
The Project relates to the construction of a greenfield trucks’ factory.
Objectives
The project implementation should result in creation of additional jobs, knowledge transfer and implementation of modern technology and working methods for the region, therefore resulting in economic and social benefits.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 50% of total project cost.
Total cost (Approximate amount)
Up to EUR 110 million, subject to verification during appraisal.
Environmental aspects
Compliance with EU directives, national legislation and guidelines will be verified during the Bank’s appraisal.
Procurement
EU procurement regulation does not apply to this private industry project. The promoter’s procurement procedures satisfy EIB’s procurement policy, in terms of non-discrimination of suppliers, promotion of international competition, and choice of the economically most advantageous offer.
Status
Signed - 8/12/2006
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).