The project aims at developing innovative solutions for the manufacture of new generation materials for aircraft engines and the development of new processes to manufacture aircraft components.
The project will help strengthen the promoter's technological and industrial competitiveness as a mid-sized Tier-1 supplier for the European aircraft manufacturing industry. The close proximity of the promoter's plants to the original equipment manufacturer (OEM) sites in France will provide a competitive advantage for the promoter. Expanding its research and development (R&D) and manufacturing capacity is a fundamental element in its growth strategy.
The research, development and innovation (RDI) activities are expected to be carried out in existing facilities that are already used for the same purposes, and that are not expected to change their scope due to the project. An environmental impact assessment (EIA) is therefore not needed according to EIA Directive 2011/92/EU.
The company 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.
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).
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.
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.