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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Slovenia : € 50,000,000
    Credit lines : € 50,000,000
    Signature date(s)
    28/10/2010 : € 50,000,000
    Link to source
    Other links

    Summary sheet

    Release date
    24 June 2010
    Status
    Reference
    Signed | 28/10/2010
    20100289
    Project name
    Promoter - financial intermediary
    Sid Automotive Loan II

    SID – Slovenska izvozna in razvojna banka, d.d., Ljubljana

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million.
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns co-financing of investments by automotive suppliers aiming at development of new generation vehicle technology and emissions reduction.

    Support of small and medium sized RDI projects by the automotive sector in Slovenia.

    Environmental aspects
    Procurement

    Legal documentation will oblige the Borrower to ensure that projects financed under this loan are in line with relevant national and/or EU environmental legislation.

    Legal documents will oblige SID to ensure that equipment purchases, services and works are procured in compliance with the Bank’s usual criteria.

    Link to source
    Other links

    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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