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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Poland : € 100,000,000
Industry : € 100,000,000
Signature date(s)
25/03/2008 : € 100,000,000
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Summary sheet

Release date
6 March 2008
Status
Reference
Signed | 25/03/2008
20070397
Project name
Promoter - financial intermediary
Truck and Bus Tyre Plant in Poland
Tyre manufacturer
Proposed EIB finance (Approximate amount)
Up to EUR 100 million
Location
Sector(s)
Description
Objectives

Construction of a new plant for the production of up to 5000 truck and bus tyres per day, located in north-western Poland.

The project encompasses the construction of a green field, truck and bus tyre plant in north-western Poland, which is a convergence area. The new plant aims to enhance the company's supply base for the region and to expand the promoter’s production capacities to meet rising demand. It is expected that several hundreds of jobs will be created as a result of the investment.

Environmental aspects
Procurement

The project’s compliance with applicable national and EU environmental legislation has been verified during appraisal. The project related environmental impact report was published by the authority and received no comments or reservations by the public or by environmental organisations.

Procurement is in line with EIB guidelines for private sector projects.

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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 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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