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BREMBO POLAND - FOUNDRY PLANT

Signature(s)

Amount
€ 20,000,000
Countries
Sector(s)
Poland : € 20,000,000
Industry : € 20,000,000
Signature date(s)
20/12/2004 : € 20,000,000
Link to source
Data sheet
BREMBO POLAND - FOUNDRY PLANT
Other links
Summary sheet
Brembo Poland – Foundry Plant

Summary sheet

Release date
8 October 2004
Status
Reference
Signed | 20/12/2004
20040269
Project name
Promoter - financial intermediary
Brembo Poland – Foundry Plant
Brembo Poland Sp. z o.o.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 20 m
EUR 40 m
Location
Sector(s)
Description
Objectives

The project concerns financing of a new foundry, near the existing facilities, for the production of brake discs.

The project will contribute to greater efficiency of production. The regional significance extends to the provision of employment in a region characterised with heavy unemployment especially amongst those skilled in the metallurgy industry.

Environmental aspects
Procurement

The project’s compliance with all applicable national and EU environmental legislation will be verified during the Bank’s appraisal.

Since the company is privately owned, procurement regulations do not apply.

Comments

Automotive sector

Link to source
Summary sheet
Brembo Poland – Foundry Plant
Other links
Data sheet
BREMBO POLAND - FOUNDRY PLANT

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.

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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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