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Signature(s)

Amount
€ 400,000,000
Countries
Sector(s)
Germany : € 400,000,000
Industry : € 400,000,000
Signature date(s)
5/05/2006 : € 400,000,000
Link to source

Summary sheet

Release date
29 March 2006
Status
Reference
Signed | 05/05/2006
20060076
Project name
Promoter - financial intermediary
Automotive Emissions Reduction & Safety RDI
A leading European automotive supplier.
Location
Sector(s)
Description
Objectives

The project concerns a major RDI investment in the area of emission reduction and car safety.

The knowledge generated through the RDI programme has a large spillover potential and is expected to contribute towards the creation of a knowledge-based, competitive European economy.

Environmental aspects
Procurement

An EIA is not required by EU Directive 97/11/EC. The project is unlikely to have any impact on nature conservation sites. The promoter applies stringent Environment, Health and Safety (EHS) policies and has a sound EHS management system. The results of the RDI programme will have positive environmental impact as well as positive social development implications.

EU procurement regulation does not apply to this private industry project.

Link to source

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).

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Alternatively, the EIB can be contacted through its external offices.
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