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        DUNAUJVAROS PAPER RECYCLING

        Signature(s)

        Amount
        € 78,300,000
        Countries
        Sector(s)
        Hungary : € 78,300,000
        Industry : € 78,300,000
        Signature date(s)
        23/12/2008 : € 20,000,000
        19/12/2008 : € 25,000,000
        19/12/2008 : € 33,300,000
        Other links
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - HU

        Summary sheet

        Release date
        10 June 2008
        Status
        Reference
        Signed | 19/12/2008
        20080060
        Project name
        Promoter - financial intermediary
        Dunaújváros Paper Recycling
        Hamburger Hungaria KftMr Zoltan Szikla, Managing DirectorH-1215 Budapest, Duna u. 42.HungaryTel.:+36 1 278 84 00
        Location
        Sector(s)
        Description
        Objectives

        The project concerns construction and operation of a new 350 kt p.a. production line for containerboard, located in the Promoter's existing paper mill in Dunaújváros, Hungary.

        The project contributes to competitiveness and sustainability of local industry in the Central Transdanubia region, an EU convergence area. The project supports waste reduction by reducing the amount of paper destined to landfills and encourages further improvements in the paper collection systems in Hungary.

        Environmental aspects
        Procurement

        The project falls under Annex I of the EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC, and therefore an EIA is mandatory. Full environmental details will be assessed during the appraisal, including possible impacts on protected flora and fauna (Habitats’ 92/43/EEC and Birds’ 79/409/EEC Directives).

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

        Comments

        Manufacture of paper and paperboard

        Other links
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - HU

        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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        Related publications