Release date: 11 April 2005
Promoter – Financial Intermediary
Ringkjøbing Landbobank A/S
Contact: Mr John Fisker, General Manager (ph. +45 9732 1166)
Location
Description
Line of credit for the financing of small-scale investments in the industry, service and agricultural sectors undertaken by small- and medium-sized enterprises (SMEs).
Objectives
To sustain projects aiming to increase the productivity and competitiveness of SMEs; to promote investments leading to a more rational use of energy and environmental protection.
Comments
Variety of sectors in industry and services eligible under global loans.
Sector(s)
Proposed EIB finance (Approximate amount)
Approximately EUR 27 million equivalent.
Total cost (Approximate amount)
Cost of projects not known at this stage. EIB finance will cover up to 50% of total project cost for each allocation.
Environmental aspects
Compliance with EU and national environmental legislation and guidelines will be made a condition for each sub-project under the global loan.
Procurement
EIB procurement guidelines for global loans will be applied.
Status
Signed - 3/06/2005
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).