Release date: 6 March 2008
Promoter – Financial Intermediary
Tyre manufacturerLocation
Description
Construction of a new plant for the production of up to 5000 truck and bus tyres per day, located in north-western Poland.
Objectives
The project encompasses the construction of a green field, truck and bus tyre plant in north-western Poland, which is a convergence area. The new plant aims to enhance the company's supply base for the region and to expand the promoter’s production capacities to meet rising demand. It is expected that several hundreds of jobs will be created as a result of the investment.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million
Environmental aspects
The project’s compliance with applicable national and EU environmental legislation has been verified during appraisal. The project related environmental impact report was published by the authority and received no comments or reservations by the public or by environmental organisations.
Procurement
Procurement is in line with EIB guidelines for private sector projects.
Status
Signed - 25/03/2008
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).