Summary sheet
The project concerns the investment programme of an innovative mid-cap company in the field of rail diagnostics and signalling systems in order to strengthen its competitive market position and support worldwide growth.
The project activities aim to develop innovative products and services for the rail sector, improving safety, availability, lifetime and efficiency of rail transportation. It thus contributes indirectly to the environment and to society due to its positive impact on sustainable transportation in Europe and worldwide.
All project activities are expected to be carried out in existing facilities without changing the already authorised scope and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU, as amended. Nevertheless, the Bank's services will review during the project appraisal whether any of the investments requires an EIA, as well as any other environmental details of the project.
The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.
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