Release date: 5 May 2008
Promoter – Financial Intermediary
Scania CV AB (publ)Location
Description
The project concerns the part-financing of Scania’s annual R&D expenditures in the 2008-2010 period.
Objectives
The project concerns RDI activities regarding engine technology (fuel efficiency, reduction of NOx and particulate emissions), hybrid technologies and chassis development in order to meet forthcoming legislative requirements (emissions standards, safety).
Sector(s)
Proposed EIB finance (Approximate amount)
Loan up to SEK 3bn (EUR 320 million).
Total cost (Approximate amount)
Approximately SEK 7bn (EUR 745 million).
Environmental aspects
A part of the project is expected to fall under Annex 2 of the EU directive 97/11 and an EIA is at the discretion of the national competent authorities. The R&D activities are a continuation of on-going activities in existing facilities, already authorised, and are not expected to have significant effects on the environment. It will be verified during the appraisal whether the competent authority has required an EIA for new fixed assets.
Procurement
EU procurement regulation does not apply to this private industry project.
Status
Signed - 30/09/2008
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).