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    Signature(s)

    Amount
    € 59,426,622.02
    Countries
    Sector(s)
    Spain : € 59,426,622.02
    Industry : € 59,426,622.02
    Signature date(s)
    20/05/2020 : € 426,622.02
    5/12/2014 : € 7,000,000
    25/07/2014 : € 7,000,000
    6/11/2013 : € 12,629,432.56
    6/11/2013 : € 32,370,567.44
    Link to source

    Summary sheet

    Release date
    27 May 2013
    Status
    Reference
    Signed | 06/11/2013
    20130118
    Project name
    Promoter - financial intermediary
    TUBOS REUNIDOS RDI
    TUBOS REUNIDOS SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 59 million
    EUR 119 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns research, development and innovation (RDI) activities on manufacturing of seamless steel tubes. The project aims at developing new steels and steel tube products in order to respond to customer demand, as well as at developing new manufacturing processes for increased product range, flexibility, delivery lead time, quantities and price. The RDI activities will be carried out in the promoter's existing R&D locations at its manufacturing plants in Amurrio (Alava) and Galindo (Vizcaya), Spain.

    The project concerns research, development and innovation activities on seamless steel pipes. The project aims at developing new steels and products in order to respond to customer demand as well as at developing new production processes in order to provide a differential value proposition in terms of range, flexibility, delivery lead time, quantities and price.

    Environmental aspects
    Procurement

    The project includes research, development and innovation activities that are expected to be carried out in existing facilities already authorised and used for this scope and as such should not require an Environmental Impact Assessment (EIA) as per Directive 2011/92/EU.

    Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank's services will verify details during the project's due diligence.

    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) - TUBOS REUNIDOS RDI
    Publication Date
    2 Feb 2014
    Document language
    Main Topic
    Lending
    Document Number
    47772436
    Document Focus
    Environmental Information
    Project Number
    20130118
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - TUBOS REUNIDOS RDI
    Publication Date
    7 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    74545499
    Document Focus
    Environmental Information
    Project Number
    20130118
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    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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