Search EN menu en EIB GROUP CLIENT PORTAL
Close EIB GROUP CLIENT PORTAL
Search
Search
Results
Top 5 search results See all results Advanced search
Top searches
    Most visited pages

        LAND ROVER AUTOMOTIVE PROJECT SOLIHULL

        Signature(s)

        Amount
        € 250,000,000
        Countries
        Sector(s)
        United Kingdom : € 250,000,000
        Industry : € 250,000,000
        Signature date(s)
        10/11/2003 : € 250,000,000

        Summary sheet

        Release date
        18 September 2003
        Status
        Reference
        Signed | 10/11/2003
        20030113
        Project name
        Promoter - financial intermediary
        Automotive Product Development
        A UK-based automotive company.
        Proposed EIB finance (Approximate amount)
        EUR 250 million.
        Location
        Sector(s)
        Description
        Objectives

        The project involves the design and development of two new versions of a car model, together with the refitting of the existing production facilities and the necessary suppliers' tooling.

        The project supports the UK automotive industry and contributes to the creation and maintenance of employment in the context of extensive restructuring and downsizing by most vehicle manufacturers during the past few years in the UK. The EIB contribution to the project will also improve the economics of this significant investment program by providing attractive long term funding.

        Environmental aspects
        Procurement

        The project will comply with all applicable environmental legislation and regulations.

        Procurement regulations do not apply to this private industry project. The promoter carries out competitive enquiries among potential suppliers for goods and services, as is usual in the industry.

        Comments

        Automotive industry.

        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.

        Related publications