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    Reference: 20120001
    Release date: 6 June 2012

    Promoter – Financial Intermediary

    GIESECKE & DEVRIENT GMBH

    Location

    Description

    The project concerns the promoter’s R&D activities in relation to its two key business lines: (i) bank note processing and (ii) mobile security including payment solution. More precisely, it comprises the development of a new generation of bank note inspection machines, enhanced secure payment solutions and new authentication solutions for the telecommunication as well as the governmental sector.

    Objectives

    Knowledge Economy

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 50 million

    Total cost (Approximate amount)

    EUR 120 million

    Environmental aspects

    The investments concern RDI activities within existing facilities. Therefore it is unlikely that the project will fall under Annex I and II of Directive 85/337/EC as amended by Directives 97/11/EC and 2003/35/EC. The full details will be assessed during appraisal.

    Procurement

    The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.

    Status

    Signed - 27/07/2012

    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

    Germany Spain Industry