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    Reference: 20110414
    Release date: 24 February 2012

    Promoter – Financial Intermediary

    FINCANTIERI – Cantieri Navali Italiani S.p.A.

    Location

    Description

    Financing of Fincantieri’s research and development, IT innovation and training activities.

    Objectives

    The main focus of the project will be on: (i) technology solutions aiming at increased energy efficiency and reduced fuel consumption on the ships; (ii) enhanced systems and design approaches, to optimize the ship configuration and reduce its environmental impact, during construction and operation, (iii) enhanced design solutions, to reduce the weight and increase the available hotel size of ships.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Not available

    Total cost (Approximate amount)

    Not available

    Environmental aspects

    The project concerns primarily investments in research and development that are expected to be carried out in existing facilities already authorized and would therefore not require an EIA under Annex II of the Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. The project however might also include capital expenditures related to the RDI activities. Whether these investments fall under Annex II of the EIA Directive, along with any other environmental issues, will be clarified during the project’s appraisal.

    Procurement

    The promoter is a private sector company operating in the manufacturing sector not covered by EU Directives on procurement.

    Status

    Signed - 28/06/2012

    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).

    Related tags

    Italy Industry