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        HIGH-PERFORMANCE METALS INNOVATION

        Signature(s)

        Amount
        € 100,000,000
        Countries
        Sector(s)
        Austria : € 100,000,000
        Industry : € 100,000,000
        Signature date(s)
        13/08/2008 : € 50,000,000
        13/08/2008 : € 50,000,000

        Summary sheet

        Release date
        4 April 2008
        Status
        Reference
        Signed | 13/08/2008
        20060557
        Project name
        Promoter - financial intermediary
        High Performance Metals Innovation
        Böhler-Uddelholm AG, majority owned by Voestalpine AG
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 100 million.
        Up to EUR 265 million.
        Location
        Sector(s)
        Description
        Objectives

        The Project consists of investments in research, development and technological innovation.

        The investments promote industrial innovation.

        Environmental aspects
        Procurement

        R&D activities are not particularly addressed by Environmental Directives. The production of equipment and tools is not listed in Annexes I or II of the EIA Directive 97/11. The project does not entail notable changes to established production processes, which comply with applicable environmental rules and regulations.

        The Promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives 2004/18/CE.

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        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.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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