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    Reference: 20180649
    Release date: 22 March 2019

    Promoter – Financial Intermediary

    ENSINGER HOLDING GMBH UND CO KG

    Location

    Description

    The project consists of the financing of investments in research, development and innovation (RDI) in the field of high-tech engineering plastics manufacturing and application development, in manufacturing equipment and machinery and in buildings to support the company's growth over the 2019 - 2021 period.

    Objectives

    The aim of the project is to support the promoter's competiveness and its growth plans by investing in a high level of RDI, manufacturing equipment and machinery and its manufacturing facilities.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 50 million

    Total cost (Approximate amount)

    EUR 105 million

    Environmental aspects

    The RDI activities included in the project will be carried out in existing facilities already authorised that will not change their scope due to the project. The new equipment and machinery will as well be implemented in existing manufacturing facilities already authorised for the planned activities. The promoter has already received the building permit in relation to the construction of a new small manufacturing facility.

    Procurement

    The promoter is a private company not operating in the utilities sector and does not have the status of a contracting authority. It is thus not subject to EU rules on public procurement.

    Status

    Signed - 19/03/2019

    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

    Germany Industry