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    Reference: 20140337
    Release date: 30 October 2014

    Promoter – Financial Intermediary

    DATALOGIC SPA

    Location

    Description

    The project concerns the promoter's research and development (R&D) investments for new data capturing tools and industrial automation solutions. The promoter’s products are mainly used in the retail, postal and logistics sectors. The R&D programme will be implemented from 2014 to 2016 in Italy.

    Objectives

    The new and improved tools as well as solutions will be designed to help improving the typical business processes of the target sectors such as warehousing, logistics or manufacturing.

    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.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 30 million

    Total cost (Approximate amount)

    EUR 88 million

    Environmental aspects

    The investments will concern R&D activities most likely within existing facilities. Therefore, it is unlikely that the project will fall under Annex I and II of Directive 2011/92/EC. Nevertheless, the environmental details including environmental objectives of the R&D programme will be assessed during the appraisal.

    Procurement

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

    Status

    Signed - 18/12/2015

    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 Services