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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Germany : € 150,000,000
    Industry : € 150,000,000
    Signature date(s)
    28/11/2019 : € 150,000,000
    Link to source

    Summary sheet

    Release date
    14 February 2019
    Status
    Reference
    Signed | 28/11/2019
    20170131
    Project name
    Promoter - financial intermediary
    SALZGITTER STEEL RDI
    SALZGITTER AG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million
    EUR 331 million
    Location
    Sector(s)
    Description
    Objectives

    The project covers the promoter's RDI and digital transformation expenditures of its iron and steelmaking and its beverage filling and packaging equipment businesses for the years 2018-2021.

    The project covers the promoter's RDI related operational and capital expenditures of its iron and steelmaking and its beverage filling and packaging equipment businesses. The RDI activities will contribute to increase the promoter's technological know-how in the related fields and strengthen its competitiveness.

    Environmental aspects
    Procurement

    The project concerns RDI expenditures to be carried out in existing industrial facilities already authorized for such purpose and are therefore not expected to require an EIA under Directive 2014/52/EU amending the Directive 2011/92/EU.

    The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions. However, if after the project appraisal, the EIB were to conclude that the promoter is after all subject to EU public procurement legislation (i.e. Directive 2014/24/EU), then the Bank would require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation (2014/24/EU, where applicable, as well as Directive 92/13/EEC), as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    Link to source
    Summary sheet

    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) - SALZGITTER STEEL RDI
    Publication Date
    20 Dec 2019
    Document language
    Main Topic
    Lending
    Document Number
    85833630
    Document Focus
    Environmental Information
    Project Number
    20170131
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - SALZGITTER STEEL RDI
    Publication Date
    20 Dec 2022
    Document language
    Main Topic
    Lending
    Document Number
    159290940
    Document Focus
    Environmental Information
    Project Number
    20170131
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - SALZGITTER STEEL RDI
    Publication Date
    8 Feb 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    90265662
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20170131
    Last update
    8 Feb 2019
    Sector(s)
    Industry
    Countries
    Germany
    Publicly available
    Download now

    News & Stories

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    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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