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    Signature(s)

    Amount
    € 110,000,000
    Countries
    Sector(s)
    Finland : € 16,500,000
    Germany : € 31,900,000
    Sweden : € 61,600,000
    Industry : € 110,000,000
    Signature date(s)
    7/11/2011 : € 16,500,000
    7/11/2011 : € 31,900,000
    7/11/2011 : € 61,600,000

    Summary sheet

    Release date
    22 March 2011
    Status
    Reference
    Signed | 07/11/2011
    20100697
    Project name
    Promoter - financial intermediary
    Assa Abloy Door Solutions RDI

    Assa Abloy AB (publ)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 110 million
    EUR 230 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns investments in research, development and innovation activities related to door opening solutions, door automation, identification and access control systems.

    The project aims at the improvement of security, safety and convenience characteristics of the promoter’s products and services.

    Environmental aspects
    Procurement

    The project concerns investments in research and development that are expected to be carried out in existing facilities already authorised, and an EIA is therefore not required by the Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. Overall, the project is expected to have a neutral impact on the environment. The Bank’s services will verify details and especially the ones related to the location of the R&D facilities during the project’s due diligence.

    The promoter is a private company operating in the manufacturing sector not covered by EU Directives on procurement. Procurement is expected to be in line with EIB guidelines for private sector projects, however the Bank’s services will review the relevant 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.

    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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