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    Signature(s)

    Amount
    € 95,000,000
    Countries
    Sector(s)
    Austria : € 95,000,000
    Industry : € 95,000,000
    Signature date(s)
    30/06/2005 : € 45,000,000
    6/12/2004 : € 50,000,000
    Link to source

    Summary sheet

    Release date
    19 November 2003
    Status
    Reference
    Signed | 06/12/2004
    20030120
    Project name
    Promoter - financial intermediary
    Villach Automotive Chips R&D
    INFINEON TECHNOLOGIES AUSTRIA AG, Villach, Austria is a wholly-owned subsidiary of Infineon Technologies AG, Munich (Germany)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    About EUR 95 million.
    About EUR 190 million.
    Location
    Sector(s)
    Description
    Objectives

    The Promoter has an investment programme over the period 2003-2006 which concerns investments in the R&D centre and the upgrading of production facilities.

    The project helps to foster the long-term viability of the Promoter’s plant in Villach as a worldwide R&D and production centre for automotive and industrial chips. The Project also helps a strong European promoter in its effort to diversify into products and applications where Europe has a better ability to compete worldwide.

    Environmental aspects
    Procurement

    All eligible projects will have to respect the environmental conditions outlined in European and national legislation.

    All eligible projects will have to respect the rules and conditions on procurement set out in European and national legislation.

    Comments

    Micro-electronics.

    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).

    News & Stories

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