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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Italy : € 200,000,000
    Credit lines : € 200,000,000
    Signature date(s)
    15/02/2008 : € 100,000,000
    23/07/2009 : € 100,000,000

    Summary sheet

    Release date
    12 March 2007
    Status
    Reference
    Signed | 15/02/2008
    20060580
    Project name
    Promoter - financial intermediary
    Italia Midcap II
    Mid-cap companies with up to 3,000 employees intermediated by banks to be approved on a case by case basis by the EIB.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million with a maximum of EUR 25 million for each single project.
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    Grouped loan for the financing of independent mid-cap companies.

    Financing of medium scale investments realised in regional development areas ("Convergence Regions") as well as industrial projects in EU priority sectors like innovation, energy and environment.

    Environmental aspects
    Procurement

    Complying with EC and national legislation on environmental protection and right of on-site inspection.

    Complying with EC procurement procedures. For large investments the Bank recommends that international bidding procedures be followed whenever possible, even if EC directives do not apply.

    Comments

    Industry / Energy / Environment.

    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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