Release date: 9 June 2020
Promoter – Financial Intermediary
OESSUR HFLocation
Description
The project concerns the promoter's R&D investments for innovative prosthetics and bracing solutions.
Objectives
The RDI activities focus on innovative solutions in prosthetics and orthotics that can help people regain or maintain their mobility.
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
USD 75 million (EUR 67 million)
Total cost (Approximate amount)
USD 156 million (EUR 139 million)
Environmental aspects
RDI activities included in the project will not materially change current R&D practice and will be carried out within existing facilities already authorised for the same purpose and would therefore not require an Environmental Impact Assessment (EIA) under the Directive 2014/52/EU amending the EIA 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 is thus not covered by EU Directives on procurement.
Status
Signed - 27/03/2020
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).