Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20170336
    Release date: 19 July 2017

    Promoter – Financial Intermediary

    Science4you, S.A.

    Location

    Description

    Science4you S.A. is a fast-growing Portuguese company which develops, produces and commercialises educational toys. The project includes the company's investment programme in its e-commerce strategy, network development, capital equipment, working capital and product development activities.

    Objectives

    The project is expected to contribute to the promoter's international expansion through the development of new sales channels, increasing efficiency and enhancing its portfolio of products and clients. The proposed financing would also contribute to supporting and creating jobs in Europe.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 10 million

    Total cost (Approximate amount)

    EUR 20 million

    Environmental aspects

    All project activities are expected to be carried out in existing facilities without changing the already authorised scope and would, therefore, not require an environmental impact assessment (EIA) under Directive 2011/92/EU, as amended. Nevertheless, the Bank's Services will review during the project appraisal whether any of the investments requires an EIA, as well as any other environmental details of the project.

    Procurement

    The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.

    Status

    Signed - 6/11/2017

    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

    Portugal Industry