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Signature(s)

Amount
€ 25,000,000
Countries
Sector(s)
Austria : € 25,000,000
Industry : € 25,000,000
Signature date(s)
16/12/2015 : € 25,000,000
Link to source

Summary sheet

Release date
16 June 2015
Status
Reference
Signed | 16/12/2015
20150387
Project name
Promoter - financial intermediary
INNOVATIVE ROPEWAYS (MGF)
Doppelmayr Holding AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 25 million
EUR 50 million
Location
Sector(s)
Description
Objectives

The project is an allocation under a global authorisation programme. It includes the promoter's investments in research, development and innovation in the field of innovative ropeways, surface lifts, funicular railways, for both recreational and urban mobility purposes as well as equipment for its production facility.

The project, if successful, is expected to increase the promoter's know-how in the field of innovative ropeways, to develop new products and allow expanding the product portfolio to new markets and applications.

Environmental aspects
Procurement

The project concerns investments in research and development (R&D) and technology deployment that are expected to be carried out in existing facilities already authorised for the same purpose and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. Full environmental details will be checked during the appraisal.

The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, thus not subject to EU rules on public 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).

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