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    Signature(s)

    Amount
    € 14,000,000
    Countries
    Sector(s)
    Germany : € 14,000,000
    Industry : € 14,000,000
    Signature date(s)
    5/07/2013 : € 14,000,000

    Summary sheet

    Release date
    3 August 2012
    Status
    Reference
    Signed | 05/07/2013
    20120105
    Project name
    Promoter - financial intermediary
    SAF INNOVATIVE TRAILER SYSTEMS (RSFF)
    SAF-HOLLAND
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 14 million
    EUR 44 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns (i) the promoter’s European RDI activities over the period 2012-2015, and (ii) the construction and equipment of an engineering centre in Bessenbach (Germany).

    The promoter’s R&D efforts address the ecological and safety requirements for trucks and trailer systems. Here it faces contradictory requirements, like reducing the weight of the component but at the same time enable them to increase the truck and trailer’s load capacity and safety. The R&D-efforts will reinforce the promoter’s technological competences and leadership.

    Environmental aspects
    Procurement

    The project part concerning the investments in research and development are expected to be carried out in existing facilities already authorised for the same purpose; the construction of an engineering centre included in the project is expected to be located in an existing industrial area. The project 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. It will however be verified during the project due diligence.

    The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.

    Comments

    The project may be financed under the Risk Sharing Finance Facility (RSFF), which is an innovative credit risk sharing scheme jointly set up by the European Commission and the European Investment Bank to improve access to debt financing for private companies or public institutions promoting activities with a higher financial risk profile in the fields of research, technological development, demonstration and innovation investments.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - SAF INNOVATIVE TRAILER SYSTEMS (RSFF)
    Publication Date
    15 Jan 2016
    Document language
    Main Topic
    Lending
    Document Number
    64128205
    Document Focus
    Environmental Information
    Project Number
    20120105
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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