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    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Germany : € 300,000,000
    Industry : € 300,000,000
    Signature date(s)
    15/12/2011 : € 300,000,000
    Link to source

    Summary sheet

    Release date
    27 September 2011
    Status
    Reference
    Signed | 15/12/2011
    20090357
    Project name
    Promoter - financial intermediary
    BSH Energieeffizienz F&E

    Bosch und Siemens Hausgeräte GmbH

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million
    EUR 650 million
    Location
    Sector(s)
    Description
    Objectives

    The project comprises the expenditures for the promoter’s Research, Development and Innovation programme for the development of energy efficient white goods and small home appliances.

    The financing supports the promoter’s market leading research in improved performance, user friendliness, lower energy consumption and lower use of resources (such as water during operation) for a broad range of household goods.

    Environmental aspects
    Procurement

    The production of household appliances is not listed in EIA Directive 97/11. Operations under this project essentially concern non-polluting activities, namely research and development. No environmental problems are expected from this project. Compliance with applicable environmental regulations of production plants and operations, including verification if an environmental project evaluation was required to obtain construction and operations permits and if such evaluation included an Environmental Impact Assessment Study will be assessed during the appraisal.

    The promoter is a private company to which EU Directives on procurement do not apply. The promoter usually carries out competitive enquiries among potential suppliers for goods and services, as is common in the industry.

    Link to source

    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).

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