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    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    Italy : € 800,000
    France : € 39,200,000
    Industry : € 40,000,000
    Signature date(s)
    13/12/2010 : € 400,000
    22/12/2010 : € 400,000
    13/12/2010 : € 19,600,000
    22/12/2010 : € 19,600,000

    Summary sheet

    Release date
    10 November 2009
    Status
    Reference
    Signed | 13/12/2010
    20090359
    Project name
    Promoter - financial intermediary
    Energy Efficient Techno RDI
    Italian Company active in the automotive sector
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 40 million
    EUR 113.7 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the promoter’s RDI investments for the development of new systems for efficient filtration of pollutant gases, particulates and CO2 emissions and for the development of new products contributing to the reduction of the weight of suspension flexible components and to the increase of safety for motor vehicles’ passengers.

    The project concerns the promoter’s RDI investments aimed at the reduction of fuel consumption and emissions of carbon-dioxide from motor vehicles

    Environmental aspects
    Procurement

    The project covers R&D activities for engines and therefore may be covered by Annex II of the Environmental Impact Assessment (EIA) Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC in respect to the construction of test benches for engines or permanent test tracks. Since the project concerns investments in R&D that are expected to be carried out in existing facilities already authorized, it is unlikely that an EIA will be required by the Competent Authority.

    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.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative 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.

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    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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