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    Signature(s)

    Amount
    € 55,000,000
    Countries
    Sector(s)
    Finland : € 21,450,000
    Sweden : € 33,550,000
    Industry : € 55,000,000
    Signature date(s)
    7/05/2012 : € 21,450,000
    7/05/2012 : € 33,550,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    20 February 2012
    Status
    Reference
    Signed | 07/05/2012
    20110465
    Project name
    Promoter - financial intermediary
    Cargotec RDI

    Cargotec Oyj

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 70 million
    EUR 140 million
    Location
    Sector(s)
    Description
    Objectives

    R&D activities concerning development of technologies and cargo handling solutions for industrial and on-road load handling, ports and container handling and for marine cargo handling and offshore load handling.

    Improvement of energy efficiency and environmental footprint– such as minimization of emissions and noise, prevention of oil leakage and improvement of safety – of Cargotec’s products and services.

    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 Environmental Impact Assessment (EIA) under Annex II of the Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. The project might however also include capital expenditures related to the R&D 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.

    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) - CARGOTEC RDI
    Publication Date
    15 Jan 2016
    Document language
    Main Topic
    Lending
    Document Number
    64131060
    Document Focus
    Environmental Information
    Project Number
    20110465
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - CARGOTEC RDI
    Publication Date
    7 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    71679871
    Document Focus
    Environmental Information
    Project Number
    20110465
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links

    News & Stories

    Link to source

    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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