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    Signature(s)

    Amount
    € 165,000,000
    Countries
    Sector(s)
    France : € 14,850,000
    Slovakia : € 14,850,000
    Germany : € 135,300,000
    Industry : € 165,000,000
    Signature date(s)
    17/05/2017 : € 14,850,000
    17/05/2017 : € 14,850,000
    17/05/2017 : € 135,300,000

    Summary sheet

    Release date
    28 July 2017
    Status
    Reference
    Signed | 28/07/2017
    20160832
    Project name
    Promoter - financial intermediary
    ADIENT AUTOMOTIVE RDI
    ADIENT GERMANY LTD UND CO KG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 175 million
    EUR 401 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of research, development and innovation (RDI) expenditures in the vehicle seating business. The project will be implemented in several locations all over Europe, mainly in Germany.

    The project covers European R&D expenditures related to weight reduction, safety improvement and other performance-related aspects of seats that the promoter develops for the light vehicle automotive industry, as well as for other transport sectors such as commercial vehicles.

    Environmental aspects
    Procurement

    R&D activities are not specifically mentioned under the EIA Directive 2011/92/EU (as amended) and are expected to be carried out in existing facilities without changing the already authorised scope. Therefore it is very unlikely that any part of the project would require an Environmental Impact Assessment (EIA). The environmental details of the project will be reviewed during the project's appraisal.

    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.

    Comments

    /

    Disclaimer

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - ADIENT AUTOMOTIVE RDI
    Publication Date
    22 Aug 2017
    Document language
    Main Topic
    Lending
    Document Number
    72853167
    Document Focus
    Environmental Information
    Project Number
    20160832
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - ADIENT AUTOMOTIVE RDI
    Publication Date
    25 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    147075643
    Document Focus
    Environmental Information
    Project Number
    20160832
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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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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