Release date: 8 October 2004
Promoter – Financial Intermediary
Brembo Poland Sp. z o.o.Location
Description
The project concerns financing of a new foundry, near the existing facilities, for the production of brake discs.
Objectives
The project will contribute to greater efficiency of production. The regional significance extends to the provision of employment in a region characterised with heavy unemployment especially amongst those skilled in the metallurgy industry.
Comments
Automotive sector
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 20 m
Total cost (Approximate amount)
EUR 40 m
Environmental aspects
The project’s compliance with all applicable national and EU environmental legislation will be verified during the Bank’s appraisal.
Procurement
Since the company is privately owned, procurement regulations do not apply.
Status
Signed - 20/12/2004
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).