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    Signature(s)

    Amount
    € 20,000,000
    Countries
    Sector(s)
    Germany : € 20,000,000
    Services : € 20,000,000
    Signature date(s)
    8/04/2020 : € 10,000,000
    8/04/2020 : € 10,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    29 October 2020
    Status
    Reference
    Signed | 08/04/2020
    20190367
    Project name
    Promoter - financial intermediary
    NAVVIS (EGFF)
    NAVVIS GMBH
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 20 million
    EUR 41 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the Promoter's investments in the development of indoor mapping and navigation hardware and software, as well as capex in equipment to provide end-to-end mapping and navigation managed services, in the short-term to carmakers and other manufacturing-intensive clients, with a view on expanding to other sectors in the future.

    The research, development and innovation (RDI) activities in support of the Promoter's product development and its market expansion.

    Environmental aspects
    Procurement

    The project activities do not fall under Annexes I and II of the EU Directive 2014/52/EU amending the EIA Directive 2011/92/EU and are therefore not subject to mandatory environmental impact assessments (EIA). Moreover, the RDI activities will take place in existing locations, which will not change their scope due to the project. Therefore, the project is not expected to have any relevant environmental impact and will not require environmental authorisations.

    The company is a private sector company not operating in the utilities sector and not having a status of a contracting authority. Thus, it is not subject to the EU Public Procurement Directives. Nevertheless, the procurement policies and the supply management characteristics as presented to the EIB are considered acceptable.

    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) - NAVVIS (EGFF)
    Publication Date
    18 Nov 2020
    Document language
    Main Topic
    Lending
    Document Number
    95276671
    Document Focus
    Environmental Information
    Project Number
    20190367
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - EUROPEAN GROWTH FINANCE FACILITY
    Publication Date
    13 Sep 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    122912044
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180667
    Last update
    19 Aug 2020
    Sector(s)
    Services
    Countries
    Bulgaria, Kenya, Ghana, Mexico, Philippines
    Publicly available
    Download now

    News & Stories

    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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