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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Italy : € 50,000,000
    Services : € 50,000,000
    Signature date(s)
    20/12/2012 : € 15,000,000
    8/04/2014 : € 35,000,000

    Summary sheet

    Release date
    30 May 2012
    Status
    Reference
    Signed | 20/12/2012
    20110603
    Project name
    Promoter - financial intermediary
    ENGINEERING IT INNOVATIVE SOFTWARE
    ENGINEERING - INGEGNERIA INFORMATICA SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 110 million
    Location
    Sector(s)
    Description
    Objectives

    Financing investments in software research and development during 2012-2014 by Engineering Ingegneria Informatica SpA . The different solutions developed are used for various sectors such as finance, health and public administration in Italy and the selected research activities are typically also supported by FP7 or national research programs.

    The project concerns investments in RDI for basic software technologies as well as new applications. It supports a European promoter in his efforts to maintain its competitive position in the software industry.

    Environmental aspects
    Procurement

    The project concerns investments in research and development that are expected to be carried out in existing facilities already authorised and would therefore not require an Environmental Impact Assessment (EIA) under the Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. Any possible environmental issue will however be verified during the project's appraisal.

    The promoter is a private company and is thus not covered by EU Directives on procurement.

    Comments

    The project may be financed under the Risk Sharing Finance Facility (RSFF), which 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.

    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) - ENGINEERING IT INNOVATIVE SOFTWARE
    Publication Date
    13 May 2016
    Document language
    Main Topic
    Lending
    Document Number
    66445445
    Document Focus
    Environmental Information
    Project Number
    20110603
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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