Summary sheet
The project concerns the company's R&D on brake systems in both its corporate divisions: rail and commercial vehicles. Knorr-Bremse is a leading supplier of brake technology to the truck- and rail industry.
The main project objectives are improvement of safety, energy efficiency, reliability and reduction of wear and tear of the different components.
The project primarily concerns investments in research and development that are expected to be carried out in existing facilities already authorised and would therefore not require an EIA under the Directive 2011/92/EU. The Bank’s services will review during the project appraisal whether the investment that concerns capital expenditures falls under Annex II of the EIA Directive, as well as any other environmental details.
The promoter is a private company not operating in the Utilities sector and not having a status of a contracting authority. Thus it is not covered by EU Directives on procurement.