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    Signature(s)

    Amount
    € 55,000,000
    Countries
    Sector(s)
    France : € 55,000,000
    Industry : € 55,000,000
    Signature date(s)
    5/12/2017 : € 55,000,000
    Link to source

    Summary sheet

    Release date
    20 December 2017
    Status
    Reference
    Signed | 05/12/2017
    20140213
    Project name
    Promoter - financial intermediary
    LATECOERE AEROSTRUCTURE RDI
    LATECOERE SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 55 million
    EUR 110 million
    Location
    Sector(s)
    Description
    Objectives

    The promoter is a leading Tier-1 supplier of doors, fuselage sections and avionic racks and wiring for commercial aircraft. The project covers the promoter's Research, Development and Innovation (RDI) expenditures for the period 2017-2020, aiming at furthering its product and process innovation related to doors, optical networks, racks and cockpits, cabin infrastructure and video systems. The project also covers the construction of a new advanced manufacturing plant in Toulouse, France. A third component of the project covers the construction of a new assembly plant in Plovdiv, Bulgaria.

    The RDI activities included in the project will contribute to increasing the promoter's knowledge and know-how in the field of components for aero-structures and aircraft cabling solutions.

    Environmental aspects
    Procurement

    A large portion of the project consists of R&D activities that are not specifically mentioned under the EIA Directive 2011/92/EU (amended by 2014/52/EU), which will be carried out in existing facilities without changing their already authorised scope. This portion of the project would therefore not require an Environmental Impact Assessment (EIA). The project components that entail fixed capital expenditures for the manufacturing of aircraft components are not mentioned under the EIA Directive and should normally not require an EIA. Nevertheless, the Bank's services will review during the project appraisal whether any aspect of the new investments could fall 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.

    Link to source

    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 Impact Assessment (ESIA) - LATECOERE AEROSTRUCTURE RDI - Etude d'impact
    Publication Date
    13 Mar 2019
    Document language
    Main Topic
    Lending
    Document Number
    91629212
    Document Focus
    Environmental Information
    Project Number
    20140213
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Non-Technical Summary (NTS) - LATECOERE AEROSTRUCTURE RDI
    Publication Date
    13 Mar 2019
    Document language
    Main Topic
    Lending
    Document Number
    91627219
    Document Focus
    Environmental Information
    Project Number
    20140213
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - LATECOERE AEROSTRUCTURE RDI
    Publication Date
    14 Mar 2019
    Document language
    Main Topic
    Lending
    Document Number
    91798872
    Document Focus
    Environmental Information
    Project Number
    20140213
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - LATECOERE AEROSTRUCTURE RDI
    Publication Date
    28 Dec 2022
    Document language
    Main Topic
    Lending
    Document Number
    165522941
    Document Focus
    Environmental Information
    Project Number
    20140213
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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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.
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