Release date: 25 September 2006
Promoter – Financial Intermediary
A leading European automotive systems supplier headquartered in Germany.Location
Description
Financing of RDI investments in the area of automotive supplier products in Germany for the period 2005-2008.
Objectives
Support of RDI activities in Germany to enhance driver and passenger safety.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 600 million.
Total cost (Approximate amount)
Up to EUR 1.4 billion.
Environmental aspects
As RDI activities are carried out in existing facilities and do not change the characteristics of existing operations, an EIA is unlikely to be required.
Procurement
The promoter is a private company not operating in the utilities sector and is thus not covered by EU directives on procurement.
Status
Signed - 22/12/2006
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).