corporate_banner_en

Research and development: EIB lends EUR 60 million to Piaggio Group for projects carried out in Italy

Projects
Regions
European Union
Enlargement countries
Turkey
Iceland
Western Balkans
European Free Trade Association
Mediterranean Neighbourhood
FEMIP Overview
Supporting pan-Mediterranean initiatives
Financing & advice
FEMIP Loans
Private equity
Advisory & technical assistance
FEMIP Support Package
Procurement
How to apply
Trust Fund
Technical assistance
Private equity
Global dialogue
Partnerships
Organisation and staff
FEMIP Internship Programme
FAQ - FEMIP
EU Eastern Neighbours
Projects
Cooperation with other institutions and organisations
Financing facilities
Trust fund
Institutional framework
Applying for loans
Organisation and staff
Central Asia
Institutional framework
Cooperation with other institutions and organisations
Financing facilities
Technical assistance and grants
Applying for loans
Organisation and staff
Sub-Saharan Africa, Caribbean and Pacific
Funding and Financial Instruments
Applying for loans
Cooperation with partners
Investment Facility
Other initiatives
Activities
Asia and Latin America
Priorities
SMEs
Innovative options
Loans
Microfinance
EU partners for SMEs & mid-caps
Non-EU partners for SMEs & mid-caps
RDI support
Equity investment
Regional development
Climate Action
Urban & natural environment
Innovation
Skills and Jobs
Trans-European Networks
Transport
Energy
Project Cycle
Applying for a loan
Appraisal
Procurement
Monitoring
Projects to be Financed
Explanatory notes
Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin & Central America
Breakdown by sector
Projects Financed
Breakdown by region
European Union
EFTA countries
Enlargement Countries
Eastern Europe, Southern Caucasus and Russia
Mediterranean countries
Africa, Caribbean, Pacific countries + OCT
South Africa
Asia and Latin America
Breakdown by sector
Multi-criteria list
Operations Evaluation
Organisation and Programme
Programme
Methodology
Criteria
Rating scale
Process
Reports
Operations
Overview
Publications and reports
Cooperation and Coordination
ECG
European Financial Institutions
European Commission
Contacts

Research and development: EIB lends EUR 60 million to Piaggio Group for projects carried out in Italy

  • Available in: de en fr it
  •  Release date: 28 November 2012
  •  Reference: 2012-180-EN

The European Investment Bank (EIB) and Piaggio today signed a EUR 60 million finance contract to support Piaggio Group’s research and development projects.

The loan will be for a term of seven years and will be used for research and development projects to be carried out at Piaggio Group’s Italian sites. The investments planned by Piaggio over the period 2013-2015 will enable the Group to carry out and increase its R&D activities with the aim of offering on the market innovative, environmentally friendly motor scooters, motor cycles and commercial vehicles that are safer and more reliable, with better fuel consumption and lower emissions.

In particular, the projects will involve research and development in the following fields:

  • active, passive and preventive safety;
  • improving the energy efficiency of internal combustion engines;
  • developing electric motor, hybrid and alternative fuel technologies.

For the EIB financing operations of this kind – involving the study, planning and implementation of less polluting and more efficient technologies in the transport sector – are an integral part of its activities.

For Piaggio, apart from giving a fresh impetus to the study and application of innovative solutions to increase the reliability and productivity of its vehicles, while meeting the higher standards in terms of sustainability, the finance contract signed today with the EIB will ultimately also help to strengthen the Group’s financial structure owing to the terms of the loan, which are highly competitive compared with those available on today’s market, and to extend the average maturity of its debt.






 Print
 Pdf
Copyright © European Investment Bank 2014
The European Investment Bank is not responsible for the content of external internet sites.

http://www.eib.org/projects/press/2012/2012-180-research-and-development-eib-lends-eur60-million-to-piaggio-group-for-projects-carried-out-in-italy.htm