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Signature(s)

Amount
€ 160,000,000
Countries
Sector(s)
Germany : € 3,200,000
The Netherlands : € 3,200,000
Italy : € 11,200,000
Finland : € 142,400,000
Industry : € 160,000,000
Signature date(s)
17/04/2014 : € 3,200,000
17/04/2014 : € 3,200,000
17/04/2014 : € 11,200,000
17/04/2014 : € 142,400,000
Link to source

Summary sheet

Release date
8 November 2013
Status
Reference
Signed | 17/04/2014
20130354
Project name
Promoter - financial intermediary
KONE PEOPLE FLOW TECHNOLOGY RDI
KONE OYJ
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 160 million
EUR 336 million
Description
Objectives

RDI investments related to elevator and escalator technologies during the period of 2013-2016.

The project focuses on improving the environmental performance, ride comfort, visual design and safety of elevators and escalators.

Environmental aspects
Procurement

The project concerns primarily investments in research and development that are expected to be carried out in existing facilities without changing their pre-authorised scope. An Environmental Impact Assessment (EIA) is therefore not expected to be required by EIA Directive 2011/92/EU. 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
Other links

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) - Kone People Flow Technology RDI
Publication Date
10 Feb 2014
Document language
Main Topic
Lending
Document Number
49922430
Document Focus
Environmental Information
Project Number
20130354
Sector(s)
Regions
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - KONE LIFTING TECHNOLOGY RDI
Publication Date
1 Jan 2019
Document language
Main Topic
Lending
Document Number
86848503
Document Focus
Environmental Information
Project Number
20130354
Sector(s)
Regions
Publicly available
Download now

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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