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Signature(s)

Amount
€ 35,000,000
Countries
Sector(s)
United Kingdom : € 1,050,000
Germany : € 1,050,000
Spain : € 1,400,000
France : € 31,500,000
Industry : € 35,000,000
Signature date(s)
20/10/2016 : € 1,050,000
20/10/2016 : € 1,050,000
20/10/2016 : € 1,400,000
20/10/2016 : € 31,500,000
Link to source

Summary sheet

Release date
13 September 2016
Status
Reference
Signed | 27/10/2016
20160403
Project name
Promoter - financial intermediary
TREVES ACOUSTIC PRODUCTS & SYSTEMS RDI
TREVES
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 35 million
EUR 89 million
Description
Objectives

Financing of Groupe Treves research, development and innovation (RDI) activities in the field of automotive acoustic and thermal insulation products and solutions

The project covers the promoter's RDI activities in the field of automotive acoustic and thermal insulation products and solutions. A portion of the research and development (R&D) activities aim for the reduction of overall vehicle weight as well enhanced recyclability of materials. The activities are carried out primarily at the promoter's technical centre in Reims, France (about 95%), and to a lesser extent in Spain, UK, and Germany.

Environmental aspects
Procurement

The project consists of R&D activities that are not specifically mentioned in the Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended by 2014/52/EU) and that will be carried out in existing facilities without changing their already authorised scope. The project would therefore not require an EIA. However, the Bank's services will review during the project appraisal all the project-related environmental details.

The promoter is a private company not operating in the Utilities sector and not having the 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 Data Sheet (ESDS) - TREVES ACOUSTIC PRODUCTS & SYSTEMS RDI
Publication Date
22 Nov 2016
Document language
Main Topic
Lending
Document Number
66559296
Document Focus
Environmental Information
Project Number
20160403
Sector(s)
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - TREVES ACOUSTIC PRODUCTS & SYSTEMS RDI
Publication Date
31 Dec 2020
Document language
Main Topic
Lending
Document Number
134163665
Document Focus
Environmental Information
Project Number
20160403
Sector(s)
Publicly available
Download now

General enquiries and comments

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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.
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.

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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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