Release date: 17 April 2009
Promoter – Financial Intermediary
Autoliv AB (publ.)Location
Description
The project concerns the part-financing of Autoliv’s expenditures for R&D projects in the 2009-2011 period.
Objectives
The project concerns investments in research and development for automotive safety systems.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 240 million.
Total cost (Approximate amount)
Approximately EUR 490 million.
Environmental aspects
The project concerns investments in research and development that are expected to be carried out in existing facilities already authorised in which case an EIA would not be required by EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. However, the Bank’s services will verify details, and especially the ones related to the location of the R&D facilities, during the project’s due diligence.
Procurement
Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank’s services will verify details during the project’s due diligence.
Status
Signed - 18/12/2009
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).