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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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Germany Industry