Release date: 28 July 2015
Promoter – Financial Intermediary
Danobat S. Coop.Location
Description
The project is an allocation under a global authorisation programme. The promoter's investments include research, development and innovation (RDI) expenses focusing on its priority sectors, and covering the following machining technologies: grinding, turning, fibre deposition, sawing and measuring.
Objectives
The project is expected to increase the promoter's know-how in advanced machining, advanced manufacturing and measuring, to improve the current product portfolio and to develop next generation machinery and equipment to sustain its competitiveness on the international markets.
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 10 million
Total cost (Approximate amount)
EUR 20 million
Environmental aspects
The project concerns investments in research, development and innovation (RDI) that are expected to be carried out in existing facilities already authorised for the same purpose. Full environmental details will be checked during the appraisal.
Procurement
The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, thus not subject to EU rules on public procurement.
Status
Signed - 5/11/2015
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).