Release date: 15 May 2013
Promoter – Financial Intermediary
Wincor Nixdorf AGLocation
Description
The project concerns research and development (R&D) activities related to the development of new payment and cash management hardware and software solutions. The R&D activities will be carried out mainly in Germany but also in Spain and in Austria during financial years (ending 30 September) 2013 – 2015.
Objectives
The new payment and cash management hardware and software solutions are utilised by the banking and retail sector to ensure efficient and secure payment transactions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 280 million
Environmental aspects
The investments concern research, development and innovation (RDI) activities within existing facilities. Therefore it is unlikely that the project will fall under Annex I and II of Directive 2011/92/EC. The full details will be assessed during appraisal.
Procurement
The promoter is a private company not operating in the utilities sector, and is thus not covered by EU Directives on procurement.
Status
Signed - 16/12/2013
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).