Release date: 19 November 2003
Promoter – Financial Intermediary
INFINEON TECHNOLOGIES AUSTRIA AG, Villach, Austria is a wholly-owned subsidiary of Infineon Technologies AG, Munich (Germany)Location
Description
The Promoter has an investment programme over the period 2003-2006 which concerns investments in the R&D centre and the upgrading of production facilities.
Objectives
The project helps to foster the long-term viability of the Promoter’s plant in Villach as a worldwide R&D and production centre for automotive and industrial chips. The Project also helps a strong European promoter in its effort to diversify into products and applications where Europe has a better ability to compete worldwide.
Comments
Micro-electronics.
Sector(s)
Proposed EIB finance (Approximate amount)
About EUR 95 million.
Total cost (Approximate amount)
About EUR 190 million.
Environmental aspects
All eligible projects will have to respect the environmental conditions outlined in European and national legislation.
Procurement
All eligible projects will have to respect the rules and conditions on procurement set out in European and national legislation.
Status
Signed - 6/12/2004
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).