Reference: 20180413
Release date: 30 July 2018

Promoter – Financial Intermediary

ULMA INVERSIONES SC

Location

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)

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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Poland Spain Industry