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    Reference: 20120088
    Release date: 2 May 2012

    Promoter – Financial Intermediary

    The promoter is a recognised player in its reference markets and its strength lies on the application of innovative technology, on its commitment to research and development and on providing high quality and professional services. In this context, continuous investment in R&D is key to maintain a leadership position.

    Location

    Description

    Financing of Sacmi's research and development (R&D) activities.

    Objectives

    The project concerns the promoter's investment in research, development and product / process innovation in the field of manufacturing machines and complete plants for the ceramics, beverage & packaging, processing and plastics industries.

    Comments

    Part of the project cost could be eligible for Risk Sharing Finance Facility (RSFF). The RSFF is an innovative credit risk sharing scheme jointly set up by the European Commission and the European Investment Bank to improve access to debt financing for private companies or public institutions promoting activities with a higher financial risk profile in the fields of research, technological development, demonstration and innovation investments.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 45 million

    Total cost (Approximate amount)

    EUR 91 million

    Environmental aspects

    The project concerns investments in research, development and innovation that will be carried out in existing facilities already authorised, for which an EIA is therefore not required by EIA Directive 85/337/EC, amended by Directives 97/11/EC and 2000/35/EC.

    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 - 25/10/2012

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Italy Industry