Release date: 12 July 2005
Promoter – Financial Intermediary
Lidl Italia SrlLocation
Description
The project investment programme concerns the development of some small to medium-sized commercial outlets and includes a new distribution centre.
Objectives
The project will contribute to modernise the Italian and Maltese distribution chains. Consumers are expected to benefit from an increased efficiency and a more diversified offer.
Comments
Retail distribution.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 55 million.
Total cost (Approximate amount)
EUR 110 million.
Environmental aspects
The project (small commercial outlets and a logistic centre) does not fall under the EC Directive 97/11 on environmental impact assessment nor under Italian and Maltese legislations. However, during the evaluation process the environmental studies required to obtain the building permits will be analysed.
Procurement
The promoter is a private company to which EU Directives on procurement do not apply. The procurement will follow procedures usually applied in private sector projects.
Status
Signed - 7/12/2005
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).