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Signature(s)

Amount
€ 35,000,000
Countries
Sector(s)
Italy : € 840,000
Czechia : € 8,680,000
Spain : € 25,480,000
Industry : € 35,000,000
Signature date(s)
5/06/2020 : € 300,000
22/06/2017 : € 540,000
5/06/2020 : € 3,100,000
22/06/2017 : € 5,580,000
5/06/2020 : € 6,600,000
22/06/2017 : € 18,880,000

Summary sheet

Release date
7 April 2017
Status
Reference
Signed | 22/06/2017
20170215
Project name
Promoter - financial intermediary
MAIER AUTOMOTIVE MIDCAP GROWTH INVESTMENTS
MAIER SC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 35 million
EUR 73 million
Location
Sector(s)
Description
Objectives

The promoter's investment will include research, development and innovation (RDI) activities (capital expenditure and operational expenditure for new product and process technologies), as well as other tangible and intangible capital expenditure.

The entire EIB loan will be used by the promoter to finance its RDI and deployment investments supporting the implementation of the company's strategy. The investments are expected to support Maier Group's competitiveness and growth.

Environmental aspects
Procurement

The project concerns investments in research and development (R&D) and technology deployment that are expected to be carried out in existing facilities already authorised for the same purpose and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. Full environmental details will be verified during the appraisal.

The promoter is a private company not operating in the utilities sector and not having the status of a contracting entity. Thus it is not covered by EU rules on procurement.

Related projects
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) - MAIER AUTOMOTIVE MIDCAP GROWTH INVESTMENTS
Publication Date
15 Jan 2018
Document language
Main Topic
Lending
Document Number
75041732
Document Focus
Environmental Information
Project Number
20170215
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - MAIER AUTOMOTIVE MIDCAP GROWTH INVESTMENTS
Publication Date
16 Dec 2020
Document language
Main Topic
Lending
Document Number
134727353
Document Focus
Environmental Information
Project Number
20170215
Sector(s)
Regions
Countries
Publicly available
Download now

News & Stories

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

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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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