FNAC DARTY RETAIL DIGITAL TRANSFORMATION RDI

Promoter – Financial Intermediary

FNAC DARTY SA

Location

• France

Description

The project concerns RDI investments for FNAC-DARTY investments aiming at digital transformation.

Objectives

The purpose is to improve and expand the promoter's digitalisation and web-based offering.

Sector(s)

• Services - Wholesale and retail trade; repair of motor vehicles and motorcycles

Proposed EIB finance (Approximate amount)

EUR 100 million

Total cost (Approximate amount)

EUR 202 million

Environmental aspects

The implementation of banking IT systems is not covered by Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the Directive 2011/92/EU. In addition, the project activities are expected to be carried out in existing facilities that are already used for the same purposes and that are not expected to change their scope due to the project.

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 - 15/02/2019