Signature(s)
Summary sheet
- Industry - Manufacturing
Financing of Fiat Industrial’s Research & Development activities related to industrial vehicles.
The project proposed for financing will include selected R&D activities for the development of innovative powertrain – including alternative powertrains and fuel technologies, material and vehicle technologies for application in commercial, construction and agricultural vehicles aiming at the improvement of fuel efficiency, reduction of pollutant and greenhouse gas emissions, and enhancing vehicle safety.
The project concerns investments in research and development that are expected to be carried out in existing facilities already authorised and would therefore not require an Environmental Impact Assessment (EIA) under the Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. Any possible environmental issues will however be verified during the project’s appraisal.
The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.
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