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BSH TURKEY

Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Türkiye : € 50,000,000
Industry : € 50,000,000
Signature date(s)
10/09/2007 : € 50,000,000
Link to source
Data sheet
BSH TURKEY
Other links
Summary sheet
BSH Turkey

Summary sheet

Release date
16 February 2007
Status
Reference
Signed | 10/09/2007
20060292
Project name
Promoter - financial intermediary
BSH Turkey
BSH Ev Aletleri Sanayi ve Ticaret A.Ş
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million.
EUR 100 million.
Location
Sector(s)
Description
Objectives

The modernisation and enhancement of BSH Turkey's existing production facilities for large household appliances in Cerkeskoy.

To modernise the Bosch Siemens Hausgeraete product range, and increase production capacities and efficiencies in all fields of BSH Turkey's activities.

Environmental aspects
Procurement

Given the characteristics of the project, it is deemed likely that the competent authority will decide that no formal EIA is required. This will be confirmed during appraisal.

The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.

Comments

Manufacturing.

Link to source
Summary sheet
BSH Turkey
Other links
Data sheet
BSH TURKEY

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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