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    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    Finland : € 40,000,000
    Industry : € 40,000,000
    Signature date(s)
    20/12/2017 : € 40,000,000
    Link to source

    Summary sheet

    Release date
    10 August 2017
    Status
    Reference
    Signed | 20/12/2017
    20161010
    Project name
    Promoter - financial intermediary
    METSO RDI
    METSO OYJ
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 40 million
    EUR 94 million
    Location
    Sector(s)
    Description
    Objectives

    Research, development and innovation (RDI) investments related to minerals including mining, processing and recycling, as well as flow controls equipment (valves, pumps) and related solutions for the period 2017-2020.

    These RDI investments will improve the promoter's industrial process and equipment, and support innovation and skills.

    Environmental aspects
    Procurement

    The project consists of R&D activities that are not specifically mentioned under the 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 Environmental Impact Assessment (EIA). However, the Bank's services will review during the project appraisal all the project-related environmental details.

    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 being 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 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) - METSO RDI
    Publication Date
    15 Nov 2017
    Document language
    Main Topic
    Lending
    Document Number
    74821820
    Document Focus
    Environmental Information
    Project Number
    20161010
    Sector(s)
    Regions
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - METSO RDI
    Publication Date
    25 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    149736350
    Document Focus
    Environmental Information
    Project Number
    20161010
    Sector(s)
    Regions
    Publicly available
    Download now

    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.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    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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