Release date: 28 April 2004
Promoter – Financial Intermediary
A Portuguese capital goods manufacturer.Location
Description
Financing of a time slice of the promoter's investments in :
- industrial capacity : expansion and modernisation of production lines ;
- RDI investments to develop new products, change production processes and modernize production capacity in the areas of power systems, industrial logistics, telecommunications and electronics equipment.
Objectives
Regional development, enhanced competitiveness and fostering integration with the EU, both through direct investments in physical capital and RDI.
Sector(s)
Proposed EIB finance (Approximate amount)
A loan on own resources.
Total cost (Approximate amount)
Estimated at EUR 40 m.
Environmental aspects
EU Directive 97/11 will be complied with in full. Minor incremental impact on the environment is expected, given that no new industrial sites are envisaged.
Procurement
Procurement directives do not apply to this private industry project.
Status
Signed - 17/11/2004
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).