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SENSING SOLUTIONS RDI (RSFF)

Signature(s)

Amount
€ 40,000,000
Countries
Sector(s)
Luxembourg : € 40,000,000
Industry : € 40,000,000
Signature date(s)
23/07/2008 : € 16,000,000
23/07/2008 : € 24,000,000
Link to source
Data sheet
SENSING SOLUTIONS RDI (RSFF)
Other links
Summary sheet
Sensing Solutions RDI (RSFF)

Summary sheet

Release date
28 April 2008
Status
Reference
Signed | 23/07/2008
20080175
Project name
Promoter - financial intermediary
Sensing Solutions RDI (RSFF)
International Electronics & Engineering S.A. (IEE)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 40 million.
EUR 80 million.
Location
Sector(s)
Description
Objectives

The project concerns investments for research and product development in the field of sensing technology. The focus of R&D will be on sensing technologies for both automotive safety application (namely passenger and pedestrian safety) and for other sensing systems applications (automotive comfort & convenience, handheld mobile devices, other consumer and industrial applications).

The project will contribute to the promoter’s and its research partners’ knowledge about sensing technologies, and supports the development of new applications, not only in the automotive safety field but also in other consumer and industrial fields.

Environmental aspects
Procurement

The project concerns investments in research and development that will be carried out in existing facilities already authorised. An EIA therefore is not required by EIA Directive 85/337/EC, amended by Directives 97/11/EC. Overall the project is expected to have a neutral impact on the environment.

Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank’s services will verify details during the project’s due diligence.

Link to source
Summary sheet
Sensing Solutions RDI (RSFF)
Other links
Data sheet
SENSING SOLUTIONS RDI (RSFF)

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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