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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Italy : € 50,000,000
    Industry : € 50,000,000
    Signature date(s)
    11/06/2021 : € 50,000,000

    Summary sheet

    Release date
    8 July 2021
    Status
    Reference
    Signed | 11/06/2021
    20200720
    Project name
    Promoter - financial intermediary
    SCM WOODWORKING MACHINERY RDI 2021-24
    SCM GROUP SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 100 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the Promoter's research, development and innovation (RDI) activities in the field of wood and light materials working machinery. It comprises three main components: (1) RDI activities on products, (2) RDI activities on internal manufacturing processes as well as (3) digitisation. The project covers the period 2021-24; it will be carried out in Italy primarily in the Promoter's headquarters and in cooperation with research and development (R&D) partners.

    The proposed project addresses four major trends the industry of machine tools is facing, namely (i) efficient, reactive and connected factories and supply chains, (ii) need for technologies and processes with low environmental impact, (iii) new integrated business models and (iv) human-centered production innovation.

    Environmental aspects
    Procurement

    Research and development activities on machine tools and related technologies are not listed in any of the annexes of the Environmental Impact Assessment (EIA) Directives. The financed activities are expected to be carried out in already-authorised and existing facilities that will not change their scope due to the project. Therefore, the project is likely not to require any additional environmental permits; full environmental details will be however assessed during the project appraisal.

    The Promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, and thus is not subject to EU rules on public procurement. Under these conditions, the procurement procedures to be followed by the Promoter are suitable for the project and satisfactory to the EIB.

    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) - SCM WOODWORKING MACHINERY RDI 2021-24
    Publication Date
    17 Jul 2021
    Document language
    Main Topic
    Lending
    Document Number
    134307370
    Document Focus
    Environmental Information
    Project Number
    20200720
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - SCM WOODWORKING MACHINERY RDI 2021-24
    Publication Date
    30 Dec 2025
    Document language
    Main Topic
    Lending
    Document Number
    253812806
    Document Focus
    Environmental Information
    Project Number
    20200720
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - SCM WOODWORKING MACHINERY RDI 2021-24
    Publication Date
    24 Jun 2021
    Document Language
    English
    Main Topic
    lending
    Document Number
    143044797
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20200720
    Last update
    25 Jun 2021
    Sector(s)
    Industry
    Countries
    Italy
    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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