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    Signature(s)

    Amount
    € 140,000,000
    Countries
    Sector(s)
    Italy : € 140,000,000
    Industry : € 140,000,000
    Signature date(s)
    29/11/2012 : € 60,000,000
    28/06/2012 : € 80,000,000

    Summary sheet

    Release date
    24 February 2012
    Status
    Reference
    Signed | 28/06/2012
    20110414
    Project name
    Promoter - financial intermediary
    Fincantieri Shipyards

    FINCANTIERI – Cantieri Navali Italiani S.p.A.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Not available
    Not available
    Location
    Sector(s)
    Description
    Objectives

    Financing of Fincantieri’s research and development, IT innovation and training activities.

    The main focus of the project will be on: (i) technology solutions aiming at increased energy efficiency and reduced fuel consumption on the ships; (ii) enhanced systems and design approaches, to optimize the ship configuration and reduce its environmental impact, during construction and operation, (iii) enhanced design solutions, to reduce the weight and increase the available hotel size of ships.

    Environmental aspects
    Procurement

    The project concerns primarily investments in research and development that are expected to be carried out in existing facilities already authorized and would therefore not require an EIA under Annex II of the Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. The project however might also include capital expenditures related to the RDI activities. Whether these investments fall under Annex II of the EIA Directive, along with any other environmental issues, will be clarified during the project’s appraisal.

    The promoter is a private sector company operating in the manufacturing sector not covered by EU Directives on procurement.

    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).

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