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Reference: 20050345
Release date: 14 December 2006

Promoter – Financial Intermediary

Atlas Copco AB (publ.)

Location

Description

The project concerns the part-financing of Atlas Copco's annual R&D expenditures in the 2006-2008 period.

Objectives

The project aims at improving and consolidating Atlas Copco's technological leadership in the segments for compressed air and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems.

Comments

Research and development

Sector(s)

Proposed EIB finance (Approximate amount)

Loan up to SEK 2.0 billion (EUR 220 million).

Total cost (Approximate amount)

Approximately SEK 4 billion (EUR 440 million).

Environmental aspects

The execution of the RDI programme will have no material environmental impact. All national and EU environmental legislation will be respected.

Procurement

The promoter is a private company and therefore not bound by EU Directives on procurement.

Status

Signed - 14/06/2007

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).

Related tags

Belgium Sweden Industry