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Reference: 20160107
Release date: 30 April 2019

Promoter – Financial Intermediary

DRAEGERWERK AG & CO KGAA

Location

Description

This project consists of research, development and innovation (RDI) investments related to medical technology.

Objectives

This project concerns new product development, product improvements and product maintenance targeted for respiratory care, anaesthesia, thermoregulation, patient monitoring, clinical information technology (IT), workplace infrastructure and workplace and system functionality.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 110 million

Total cost (Approximate amount)

EUR 277 million

Environmental aspects

Research and development (R&D) activities included in the project will not materially change current R&D practice and will be carried out within existing facilities already authorised for the same purpose and would therefore not require an Environmental Impact Assessment (EIA) under the Directive 2011/92/EU as amended.

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 - 4/04/2019

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 Industry