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    Reference: 20161015
    Release date: 6 June 2017

    Promoter – Financial Intermediary

    LISTED COMPANY

    Location

    Description

    The research and development (R&D) programme comprises the development of several new products and the enhancement of recent products for civil applications. The R&D activities will be carried in France.

    Objectives

    The results of the R&D will support a European mid-cap company tin maintaining its competitive position and enhance its market/customer reach by launching new and innovative high-tech products.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 20 million

    Total cost (Approximate amount)

    EUR 42 million

    Environmental aspects

    The investments concern research, development and innovation (RDI) activities mostly within existing facilities. Therefore, it is unlikely that the project will fall under Annex I or II of Directive 2014/52/EU (amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU).

    Procurement

    Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank's services will verify details during the project's due diligence.

    Status

    Signed - 31/07/2017

    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 Services