Release date: 18 January 2006
Promoter – Financial Intermediary
Scania CV AB (publ.)Location
Description
The project concerns part financing of Scania's annual R&D expenditures in the 2005-2007 period on the improvement of emission reduction.
Objectives
The project concerns leading RDI for Scania 's future low emission engine platform. The future engine platform will have improved fuel efficiency and reduced emissions anticipating future EU and international emission legislation.
Comments
Article 267, point (c) innovation 2010 initiative (i2i).
Sector(s)
Proposed EIB finance (Approximate amount)
Loan up to SEK 2.0 billion (EUR 210 million) equivalent to some 40% of the total project cost.
Total cost (Approximate amount)
Approximately SEK 5 billion (EUR 520 million).
Environmental aspects
The execution of the RDI programme will have no material environmental impact. All national and EU environmental legislation will be respected.
Procurement
Public Procurement rules and regulations do not apply to private industry projects. The promoter carries out competitive international consultations among potential suppliers for goods and services, which is standard practice for this industry.
Status
Signed - 5/06/2007