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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Italy : € 100,000,000
Industry : € 100,000,000
Signature date(s)
10/08/2004 : € 100,000,000
Link to source
Data sheet
Other links
Summary sheet

Summary sheet

Release date
28 September 2004
Status
Reference
Signed | 10/08/2004
20040078
Project name
Promoter - financial intermediary
Pirelli R&D
Pirelli & C SpA.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 m.
EUR 670 m.
Location
Sector(s)
Description
Objectives

The project comprises fundamental research in material innovation (fuel cells, superconductivity and environmental sensors) and applied research (new processes for recycling used tyres, cable insulation and eco compounds for tyre production).

The project contributes to the Lisbon strategy of making the EU a competitive knowledge-based economy. In addition, parts of the project have very strong positive externalities in the environmental and safety areas (fuel cell, environmental sensor, and tyre pressure systems) as well as in the form of knowledge exchange and diffusion as parts of research is undertaken in cooperation with universities and other industrial partners or customers.

Environmental aspects
Procurement

The RDI activities under this project will be carried out in existing research centres and test facilities, and will not require any new construction. An EIA is therefore not required per EU Directive 97/11 or prevailing national legislation.

Procurement regulations do not apply to this private industry project.

Comments

Research, Development and Innovation (RDI).

Link to source
Summary sheet
Other links

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).

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Alternatively, the EIB can be contacted through its external offices.
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