Brembo Poland – Foundry Plant

Promoter – Financial Intermediary

Brembo Poland Sp. z o.o.

Location

• Poland

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)

• Industry

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