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    Reference: 20190446
    Release date: 31 March 2020

    Promoter – Financial Intermediary

    GESTAMP AUTOMOCION SA

    Location

    Description

    The project comprises the Promoter's RDI investments in the period 2020-2024.

    Objectives

    The project will contribute to increasing the promoter's knowledge and know-how in technologies related to the manufacturing of metal automotive components.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 200 million

    Total cost (Approximate amount)

    EUR 408 million

    Environmental aspects

    The project is expected to bring about environmental benefits as a result of the reduction of contribution of the promoter's products as regards weight and safety improvement of automotive vehicles.

    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 - 18/05/2020

    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

    France Germany Spain Sweden Industry