Release date: 25 April 2005
Promoter – Financial Intermediary
Sächsische Aufbaubank – Förderbank – (SAB)Location
Description
The project concerns the co-financing of state support schemes under EU Structural Funds for investments in 2004 and 2005 promoted by SMEs.
Objectives
The aim of this project is the support of corporate investment in an objective 1-assisted area. Promoters primarily include SMEs. A portion of the scheme focuses on investments in research, development and innovation.
Comments
Research and Development.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 250 million.
Total cost (Approximate amount)
EUR 500 million.
Environmental aspects
The project complies with relevant EU and national environmental legislation.
Procurement
The procurement procedures are in accordance with relevant EU Directives.
Status
Signed - 8/07/2005
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).