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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Hungary : € 1,500,000
    Czechia : € 36,000,000
    Austria : € 51,750,000
    Germany : € 60,750,000
    Industry : € 150,000,000
    Signature date(s)
    18/07/2017 : € 1,500,000
    18/07/2017 : € 25,500,000
    18/07/2017 : € 26,250,000
    18/07/2017 : € 36,000,000
    18/07/2017 : € 60,750,000

    Summary sheet

    Release date
    20 July 2017
    Status
    Reference
    Signed | 21/07/2017
    20130647
    Project name
    Promoter - financial intermediary
    BENTELER LIGHTWEIGHTING - RDI AND COHESION
    BENTELER INTERNATIONAL AG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million
    EUR 301 million
    Description
    Objectives

    The project concerns the promoter's research, development and innovation (RDI) and technology deployment activities, under the conducting line "lightweighting", for the development of optimised lightweight and safer chassis components - made of a wide variety of metal and non-metal materials and combinations - as well as engine parts with extensive downsizing potential. The project is divided into three different parts, including different locations.

    The project's selected RDI, for the development and technology deployment of optimised lightweight and safer chassis components, should enable the promoter to maintain its competitiveness as an innovative and long-term reliable automotive supplier. The project is divided into three different parts, including different locations, in both Competitiveness and in Cohesion priority regions.

    Environmental aspects
    Procurement

    The investments in research and development are carried out in already authorised existing facilities, and do not require an environmental impact assessment (EIA). The implementation of the project will bring indirect environmental benefits through lower CO2 emissions, in the form of lighter and safer components for automotive vehicles.

    The promoter is a private company not operating in the utilities sector and not having the status of a contracting authority. Thus, it is not covered by EU directives on procurement.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - BENTELER LIGHTWEIGHTING - RDI AND COHESION
    Publication Date
    13 Sep 2017
    Document language
    Main Topic
    Lending
    Document Number
    53020046
    Document Focus
    Environmental Information
    Project Number
    20130647
    Sector(s)
    Regions
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - BENTELER LIGHTWEIGHTING - RDI AND COHESION
    Publication Date
    29 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    95017753
    Document Focus
    Environmental Information
    Project Number
    20130647
    Sector(s)
    Regions
    Publicly available
    Download now

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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