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SID AUTOMOTIVE LOAN II

Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Slovenia : € 50,000,000
Credit lines : € 50,000,000
Signature date(s)
28/10/2010 : € 50,000,000
Link to source
Data sheet
SID AUTOMOTIVE LOAN II
Other links
Summary sheet
Sid Automotive Loan II

Summary sheet

Release date
24 June 2010
Status
Reference
Signed | 28/10/2010
20100289
Project name
Promoter - financial intermediary
Sid Automotive Loan II

SID – Slovenska izvozna in razvojna banka, d.d., Ljubljana

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million.
Not applicable.
Location
Sector(s)
Description
Objectives

The project concerns co-financing of investments by automotive suppliers aiming at development of new generation vehicle technology and emissions reduction.

Support of small and medium sized RDI projects by the automotive sector in Slovenia.

Environmental aspects
Procurement

Legal documentation will oblige the Borrower to ensure that projects financed under this loan are in line with relevant national and/or EU environmental legislation.

Legal documents will oblige SID to ensure that equipment purchases, services and works are procured in compliance with the Bank’s usual criteria.

Link to source
Summary sheet
Sid Automotive Loan II
Other links
Data sheet
SID AUTOMOTIVE LOAN II

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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