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AUTOEUROPA RDI

Signature(s)

Amount
€ 250,000,000
Countries
Sector(s)
Germany : € 95,000,000
Portugal : € 155,000,000
Industry : € 250,000,000
Signature date(s)
15/02/2008 : € 95,000,000
15/02/2008 : € 155,000,000
Link to source
Data sheet
AUTOEUROPA RDI
Other links
Summary sheet
AUTOEUROPA RDI

Summary sheet

Release date
6 March 2007
Status
Reference
Signed | 15/02/2008
20070067
Project name
Promoter - financial intermediary
AUTOEUROPA RDI
Volkswagen Automotive Group
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 390 million.
EUR 1.4 billion.
Location
Sector(s)
Description
Objectives

The design, development and manufacturing launch of two new passenger cars in the promoter's existing R&D centres and manufacturing plants.

Extension of the promoter''s product range to meet evolving market requirements.

Environmental aspects
Procurement

Compliance with EU environmental directives and national laws will be ensured.

The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.

Comments

Automotive Manufacturing

Link to source
Summary sheet
AUTOEUROPA RDI
Other links
Data sheet
AUTOEUROPA RDI

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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