Release date: 26 April 2011
Promoter – Financial Intermediary
Software AG
Location
Description
The project concerns Software AG’s RDI activities in the areas of software infrastructure and integration as well as business process analysis and automation.
Objectives
The project is supposed to assist in the further innovation of Software AG's product portfolio. The main target is to remain the market leader in business process excellence and to develop additional key products/market differentiators.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 200 million
Environmental aspects
The project activities do not fall under Annexes I and II of the EU Directive 97/11/EC, as amended by Directives 97/11/EC and 2003/35/EC, and are therefore not subject to mandatory Environmental Impact Assessments. As the proposed investments will take place mainly inside buildings already being used for similar activities, and concern to a large extent software research/development, no particular negative impact on the environment is expected. Full environmental details will nevertheless be assessed during appraisal, including possible impacts on protected flora and fauna ( Habitats 92/43/EEC and Birds 79/409/EEC Directives ) if required.
Procurement
The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement. R&D is an atypical case in which the opening of procurement of goods/services might be very limited for reasons of prototyping or exclusivity concerns. Nevertheless, specialised equipment and services should be procured following international enquiries among the most qualified contractors and suppliers. This procedure will be checked during appraisal.
Status
Signed - 15/11/2011
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).