Reference:
20070067
Release date: 6 March 2007
Release date: 6 March 2007
Promoter – Financial Intermediary
Volkswagen Automotive GroupLocation
Description
The design, development and manufacturing launch of two new passenger cars in the promoter's existing R&D centres and manufacturing plants.
Objectives
Extension of the promoter''s product range to meet evolving market requirements.
Comments
Automotive Manufacturing
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 390 million.
Total cost (Approximate amount)
EUR 1.4 billion.
Environmental aspects
Compliance with EU environmental directives and national laws will be ensured.
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 - 15/02/2008