Release date: 12 February 2020
Promoter – Financial Intermediary
AMES GROUP SINTERING SALocation
Description
The project will finance research, development and technology deployment (RDI) investments of AMES Group Sintering SA in the period 2019-2022.
Objectives
The EIB loan will finance the company's competitiveness and growth strategy in support of its RDI and deployment investments (capex and opex for new product and process technologies, as well as other tangible and intangible capex).
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
EUR 50 million
Environmental aspects
Investments are expected to be carried out in existing facilities already authorised for the same purpose and would therefore not require an environmental impact assessment (EIA) under Directive 2011/92/EU. Full environmental details will be verified during the appraisal.
Procurement
The promoter is a private company not operating in the utilities sector and not having the status of a contracting entity. Thus it is not covered by EU rules on procurement.
Status
Signed - 20/12/2019
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).