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    Signature(s)

    Amount
    € 70,000,000
    Countries
    Sector(s)
    Italy : € 70,000,000
    Industry : € 70,000,000
    Signature date(s)
    2/10/2014 : € 70,000,000

    Summary sheet

    Release date
    12 May 2014
    Status
    Reference
    Signed | 02/10/2014
    20140063
    Project name
    Promoter - financial intermediary
    DANIELI RDI II
    DANIELI & C - OFFICINE MECCANICHE SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 60 million
    EUR 130 million
    Location
    Sector(s)
    Description
    Objectives

    Financing of the Danieli Group research and development activities.

    The project concerns the company's research and development (R&D) with the aim of improving the quality of ferrous and non-ferrous products, and the optimisation of associated production processes; in particular in terms of higher productivity, energy efficiency, layout optimising and compacting, and the valorisation of by-products.

    Environmental aspects
    Procurement

    The RDI activities included in the project are not specifically covered by Annexes I & II of the EU Directive 2011/92/EU, and therefore not subject to mandatory Environmental Impact Assessment. The proposed investments are expected to take place at facilities already being used for similar activities that will not change their scope due to the project. Whether the investments also include capital expenditures that could fall under Annex II of the EIA Directive 2011/92/EC will be reviewed during the project appraisal, together with other environmental issues.

    The promoter is a private company not operating in the Utilities sector and does not have the status of a contracting authority. Thus, it is not covered by the EU Public Procurement Directives

    Comments

    The Risk Sharing Finance Facility (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.

    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) - DANIELI RDI II
    Publication Date
    5 Sep 2014
    Document language
    Main Topic
    Lending
    Document Number
    54400732
    Document Focus
    Environmental Information
    Project Number
    20140063
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - DANIELI RDI II
    Publication Date
    22 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    95067392
    Document Focus
    Environmental Information
    Project Number
    20140063
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Other links
    Summary sheet
    Data sheet

    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.

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    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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