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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Germany : € 13,300,000
    Italy : € 36,700,000
    Industry : € 50,000,000
    Signature date(s)
    22/07/2020 : € 13,300,000
    22/07/2020 : € 36,700,000

    Summary sheet

    Release date
    17 August 2020
    Status
    Reference
    Signed | 22/07/2020
    20190561
    Project name
    Promoter - financial intermediary
    SDF TRACTORS RDI
    SDF SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 103 million
    Location
    Sector(s)
    Description
    Objectives

    The proposed project concerns research, development and innovation (RDI) activities in the field of agricultural machinery, equipment and services focused on: (1) Product development and product range consolidation, (2) Digitalisation and precision farming as well as (3) Vehicles' electrification, carried out in the Promoter's research and development (R&D) locations in Italy and Germany in the period 2020-23.

    The project aims at further developing the current products as well as to completing and consolidating the product range to cover a wider power range. It also aims, with the introduction of new features, at enhancing the product and processes digitalisation, and at developing new solutions for precision farming as well as enhancing the vehicles' electrification.

    Environmental aspects
    Procurement

    Research and development activities on tractors, agricultural transmissions, agricultural machinery and precision farming are not listed in any of the annexes of the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the Directive 2011/92/EU. The financed activities will be carried out in already authorised existing facilities that will not change their scope due to the project, thus not requiring any additional environmental permits.

    The Promoter has been assessed by EIB as being a private company not subject to EU rules on public procurement or concessions.

    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) - SDF TRACTORS RDI
    Publication Date
    28 Aug 2020
    Document language
    Main Topic
    Lending
    Document Number
    124581054
    Document Focus
    Environmental Information
    Project Number
    20190561
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - AGRICULTURE AND BIOECONOMY PROGRAM LOAN II
    Publication Date
    20 Dec 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    125675780
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20190338
    Last update
    21 Dec 2019
    Sector(s)
    Services
    Countries
    France
    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.

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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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