Reference: 20161000
Release date: 03 May 2017

Promoter – Financial Intermediary

STM ITALY-FRANCE-MALTA

Location

Description

The project relates to the research, development and innovation (RDI) activities and the investment programme of the promoter focused on the development of the technologies and products for the next generation of semiconductor devices in the years 2017-2018.

Objectives

The project relates to the RDI activities performed by the promoter in its locations in France, Italy and Malta and focused on the development of the technologies and products for the next generation of semiconductor devices, particularly in the Smart Driving and Internet of Things domains. Apart from the research and development (R&D) activities, the project also includes R&D capital expenditure (Capex) as well as some investments in pilot lines, lines capacity increase and clean room expansions.

Sector(s)

Proposed EIB finance (Approximate amount)

Not disclosed.

Total cost (Approximate amount)

Not disclosed.

Environmental aspects

Semiconductor RDI and manufacturing facilities are not specifically covered by Annexes I & II of the Directive 2011/92/EU as amended, and therefore not subject to mandatory environmental impact assessment (EIA). The proposed investments will take place mainly inside buildings at RDI and manufacturing facilities already being used for similar activities and are not expected to have a significant environmental impact on the surroundings.

Procurement

The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions.

Status

Signed - 22/08/2017

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

France Malta Italy Industry