Release date: 21 March 2007
Promoter – Financial Intermediary
Glaverbel Czech a.s.Location
Description
The project consists of the construction, installation and operation of a Float Glass Production Line largely to supply the automotive glass industry.
Objectives
The investments carried out under the proposed project will contribute to the regional economic development and employment by strengthening industrial capacity and create some 70 new jobs.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 71 million.
Total cost (Approximate amount)
EUR 143 million.
Environmental aspects
Current environmental impact legislation in the Czech Republic is based on the EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. The Competent Authority has decided that no formal EIA is required. Full environmental details will be assessed during the appraisal, including possible impacts on protected flora and fauna (Habitats' 92/43/EEC and Birds' 79/409/EEC Directives).
Procurement
EU Procurement Directives have been transposed into the national legislation and appropriate procedures will be applied for tendering of services, supplies and works.
Status
Signed - 10/07/2007
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).