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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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