SCM WOODWORKING MACHINERY RDI 2021-24

Promoter – Financial Intermediary

SCM GROUP SPA

Location

• Italy

Description

The project concerns the Promoter's research, development and innovation (RDI) activities in the field of wood and light materials working machinery. It comprises three main components: (1) RDI activities on products, (2) RDI activities on internal manufacturing processes as well as (3) digitisation. The project covers the period 2021-24; it will be carried out in Italy primarily in the Promoter's headquarters and in cooperation with research and development (R&D) partners.

Objectives

The proposed project addresses four major trends the industry of machine tools is facing, namely (i) efficient, reactive and connected factories and supply chains, (ii) need for technologies and processes with low environmental impact, (iii) new integrated business models and (iv) human-centered production innovation.

Sector(s)

• Industry - Manufacturing

Proposed EIB finance (Approximate amount)

EUR 50 million

Total cost (Approximate amount)

EUR 100 million

Environmental aspects

Research and development activities on machine tools and related technologies are not listed in any of the annexes of the Environmental Impact Assessment (EIA) Directives. The financed activities are expected to be carried out in already-authorised and existing facilities that will not change their scope due to the project. Therefore, the project is likely not to require any additional environmental permits; full environmental details will be however assessed during the project appraisal.

Procurement

The Promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, and thus is not subject to EU rules on public procurement. Under these conditions, the procurement procedures to be followed by the Promoter are suitable for the project and satisfactory to the EIB.

Status

Signed - 11/06/2021