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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    France : € 36,000,000
    Finland : € 64,000,000
    Germany : € 100,000,000
    Industry : € 200,000,000
    Signature date(s)
    18/12/2014 : € 36,000,000
    18/12/2014 : € 64,000,000
    18/12/2014 : € 100,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    19 November 2014
    Status
    Reference
    Signed | 18/12/2014
    20110159
    Project name
    Promoter - financial intermediary
    AGCO R&D
    AGCO CORP
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 409 million
    Location
    Sector(s)
    Description
    Objectives

    The project comprises AGCO's research and development (R&D) activities focusing on engine and drive train efficiency for agricultural vehicles, predominantly taking place in Marktoberdorf (Germany) and to a lesser extent in Beauvais (France) and in Linnavuori and Suolahti (both Finland).

    The project will contribute to a reduction of exhaust emissions, a reduction of operator and bystander noise levels, a reduction of operator exposure to vibrations during operations as well as numerous future safety-related items linked to the vehicles' homologation.

    Environmental aspects
    Procurement

    The project concerns investments in Research, Development and Innovation that will be carried out in existing facilities already authorised for which an environmental impact assessment (EIA) is not required by EIA Directive 85/337/EC, amended by Directives 97/11/EC and 2000/35/EC. The project may nevertheless include new test benches for engines and tractors which may fall under Annex II of the EIA Directive. The Bank’s services will verify all the environmental details and the decision of the competent authorities during the due diligence.

    The promoter is a private-sector 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. The Bank’s services will verify details during the project’s due diligence.

    Link to source
    Summary sheet

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - AGCO R&D
    Publication Date
    30 Jan 2015
    Document language
    Main Topic
    Lending
    Document Number
    57257040
    Document Focus
    Environmental Information
    Project Number
    20110159
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - AGCO R&D
    Publication Date
    29 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    124163787
    Document Focus
    Environmental Information
    Project Number
    20110159
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

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    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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