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Signature(s)

Amount
€ 250,000,000
Countries
Sector(s)
Italy : € 250,000,000
Industry : € 250,000,000
Signature date(s)
21/07/2008 : € 250,000,000
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Summary sheet

Release date
15 May 2008
Status
Reference
Signed | 21/07/2008
20070156
Project name
Promoter - financial intermediary
Advanced Logic Semiconductors R&D
STMicroelectronics NV.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 250 million
Up to EUR 800 million
Location
Sector(s)
Description
Objectives

The project concerns activities in the field of advanced semiconductor R&D for logic, mixed signal and analog technologies, for the period 2008-2010.

The project helps the promoter in its effort to foster its competitive position in high value added products by investing in R&D and contributes to the targets of the European Growth Initiative.

Environmental aspects
Procurement

Semiconductor manufacturing facilities are not specifically covered by Annexes I & II of EU Directive 97/11/EC, as amended by 2003/35/EC, and therefore not subject to mandatory Environmental Impact Assessment. The proposed investments will take place mainly inside buildings at R&D facilities already being used for similar activities, and are not expected to have a significant environmental impact on the surroundings.

The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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