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        TRUCK AND BUS TYRE PLANT IN POLAND

        Signature(s)

        Amount
        € 100,000,000
        Countries
        Sector(s)
        Poland : € 100,000,000
        Industry : € 100,000,000
        Signature date(s)
        25/03/2008 : € 100,000,000

        Summary sheet

        Release date
        6 March 2008
        Status
        Reference
        Signed | 25/03/2008
        20070397
        Project name
        Promoter - financial intermediary
        Truck and Bus Tyre Plant in Poland
        Tyre manufacturer
        Proposed EIB finance (Approximate amount)
        Up to EUR 100 million
        Location
        Sector(s)
        Description
        Objectives

        Construction of a new plant for the production of up to 5000 truck and bus tyres per day, located in north-western Poland.

        The project encompasses the construction of a green field, truck and bus tyre plant in north-western Poland, which is a convergence area. The new plant aims to enhance the company's supply base for the region and to expand the promoter’s production capacities to meet rising demand. It is expected that several hundreds of jobs will be created as a result of the investment.

        Environmental aspects
        Procurement

        The project’s compliance with applicable national and EU environmental legislation has been verified during appraisal. The project related environmental impact report was published by the authority and received no comments or reservations by the public or by environmental organisations.

        Procurement is in line with EIB guidelines for private sector projects.

        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.

        Media enquiries

        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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