Release date: 30 July 2018
Promoter – Financial Intermediary
ULMA INVERSIONES SCLocation
Description
The EIB loan will be used to finance the promoter's research, development and innovation (RDI) and deployment investments in convergence regions, supporting the implementation of the company's strategy, in particular in the construction and architectural solutions businesses.
Objectives
The investments are expected to support ULMA Group's competitiveness and growth.
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 46 million
Total cost (Approximate amount)
EUR 65 million
Environmental aspects
The project concerns RDI activities and capital expenditures on new rental equipment. The activities will be carried out in existing facilities already authorised for the same purpose and would not require an Environmental Impact Assessment (EIA) under the Directive 2014/52/EU.
Procurement
The promoter has been assessed by EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, thus not being subject to EU rules on public procurement.
Status
Signed - 14/12/2018
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).