POLAND NEW MANUFACTURE PLANT AND RDI

The project concerns: (i) the construction and the ramp-up of a manufacturing plant for the production of combustion engine and propulsion systems components, (ii) the creation of a local R&D centre and (iii) R&D activities aimed at developing mechanical components and electronic components for motor control and automation system.

Objectives

The project will be located in a convergence area stricto sensu with high unemployment rate and is expected to create about 220 permanent jobs in manufacturing and R&D together. The project, if successful, will support the promoters strategy to develop and manufacture new and better performing components for engines (static generators and off-highway applications) with limited emission levels, reduced fuel consumption and higher reliability. The project is also expected to benefit from close cooperation with local technical universities, thus enhancing the knowledge exchange in the area.

Comments

Sector(s)

Industry

Proposed EIB finance (Approximate amount)

EUR 50 million

Total cost (Approximate amount)

EUR 100 million

Environmental aspects

Manufacture and assembly of motor vehicles and manufacture of motor-vehicle engines fall under Annex II of the Directive 2011/92/EU. The promoter has informed the Bank that an EIA has been requested for the project by the local competent authorities. The Banks services will verify during the due diligence all the environmental details and in particular the status of the EIA process.

Procurement

Procurement is expected to be in line with EIB guidelines for private sector projects. The Banks services will verify details during the projects due diligence.

Status

Approved - 26/10/2012.

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).

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Guide to procurement

This Guide applies specifically to those components of a project identified for the Bank's financing.