Release date: 15 July 2020
Promoter – Financial Intermediary
ZANINI AUTO GRUP SAU
The project concerns capex and research, development and innovation (RDI) expenditures during the period 2020-23.
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).
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 35 million
Total cost (Approximate amount)
EUR 88 million
The investment will be implemented in an existing building adjacent to the Promoter's main facility. Obtaining the necessary environmental and operating approvals from the competent authorities will be a condition for the disbursement of the related funds. The project will have positive environmental benefits, in particular on the impact of manufacturing processes through the development of resource efficient metallization solutions. Full environmental details will be verified during the appraisal.
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.
Signed - 10/07/2020
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).