Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Germany : € 30,000,000
    Services : € 30,000,000
    Signature date(s)
    16/12/2020 : € 30,000,000

    Summary sheet

    Release date
    18 December 2020
    Status
    Reference
    Signed | 16/12/2020
    20190741
    Project name
    Promoter - financial intermediary
    SNP TRANSFORMATION SOFTWARE
    SNP SCHNEIDER-NEUREITHER & PARTNER SE
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    EUR 73 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the research and development (R&D) expenditures for the software developments related to the CrystalBridge software platform. Such developments include basic technologies, new features / applications and improvement of existing modules. The key objective of the R&D work is to further optimise the transformation process for SAP enterprise resource planning applications in order to increase the level of automation, to reduce the downtime of client IT systems and to adapt to the latest developments for cloud deployments, which a key driver for such transformation projects.

    The project supports the policy objective of innovation and digitalisation by financing the development of software for digital transformation processes. It will enhance digital transformation across various industries by enhancing the Promoter's unique software platform dedicated to Enterprise Resource Planning (ERP) systems.

    Environmental aspects
    Procurement

    The investments will concern research, development and innovation (RDI) activities mostly within existing facilities. Therefore, the project will not fall under Annex I and II of Directive 2011/92/EC as amended. Nevertheless, the environmental details including environmental objectives of the RDI programme will be assessed during the appraisal.

    The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement and 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) - SNP TRANSFORMATION SOFTWARE
    Publication Date
    26 Jan 2021
    Document language
    Main Topic
    Lending
    Document Number
    134195322
    Document Focus
    Environmental Information
    Project Number
    20190741
    Sector(s)
    Regions
    Countries
    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.

    Related publications