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Signature(s)

Amount
€ 70,000,000
Countries
Sector(s)
Czechia : € 70,000,000
Industry : € 70,000,000
Signature date(s)
23/10/2012 : € 70,000,000
Link to source

Summary sheet

Release date
13 July 2012
Status
Reference
Signed | 23/10/2012
20120195
Project name
Promoter - financial intermediary
JCI MANUFACTURING IN CZ
JOHNSON CONTROLS INC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 60 million
EUR 125 million
Location
Sector(s)
Description
Objectives

The project consists in (i) the extension of an existing plant for the manufacturing of automotive interior components (such as instrument and door panels) in Zatec (Czech Republic); (ii) the modernisation and capacity expansion of an existing lead-acid batteries manufacturing plant, and (iii) the construction of a green field plant to produce components for car batteries. The two latter investments are part of the promoters Power Solutions business and will be located in Ceska Lipa (Czech Republic).

The project is located in a cohesion country and aims at improving the promoters presence and market performance in Czech Republic. Most automotive OEMs have developed their manufacturing capacity in this region to produce models which are affordable to local consumers, while also benefiting from the cost-advantages offered by these economies. As an OEM supplier the promoters strategy is to locate its manufacturing plants at proximity of the OEM manufacturing plants to reduce the logistics costs.

Environmental aspects
Procurement

The project comprises capital investments in three plants for the manufacturing of automotive interiors and batteries, for which Environmental Impact Assessments (EIA) may be required according to the Directive 2011/92/EU.To be assessed during the project appraisal.

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

Link to source
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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) - JCI MANUFACTURING IN CZ
Publication Date
15 Jan 2016
Document language
Main Topic
Lending
Document Number
64129087
Document Focus
Environmental Information
Project Number
20120195
Sector(s)
Regions
Countries
Publicly available
Download now
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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.
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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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