SID Loan for SMEs and Automotive Sector

Promoter – Financial Intermediary

SID – Slovenska izvozna in razvojna banka, d.d., Ljubljana

Location

• Slovenia

Description

The project concerns co-financing of projects promoted by SMEs and investments by automotive suppliers aimed at the development of a new generation vehicle technology and emissions reduction.

Objectives

Support of small and medium sized SME projects and RDI projects by the automotive sector in Slovenia.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 230 million.

Total cost (Approximate amount)

Not applicable

Environmental aspects

Legal documentation will oblige the Borrower to ensure that projects financed under this loan are in line with relevant national and/or EU environmental legislation.

Procurement

Legal documents will oblige the Borrower to ensure that equipment purchases, services and works are procured in compliance with the Bank’s ususal criteria.

Status

Signed - 22/07/2009