Automotive Safety and Environment RDI

Promoter – Financial Intermediary

A leading European automotive systems supplier headquartered in Germany.

Location

• Germany

Description

Financing of RDI investments in the area of automotive supplier products in Germany for the period 2005-2008.

Objectives

Support of RDI activities in Germany to enhance driver and passenger safety.

Sector(s)

• Industry

Proposed EIB finance (Approximate amount)

Up to EUR 600 million.

Total cost (Approximate amount)

Up to EUR 1.4 billion.

Environmental aspects

As RDI activities are carried out in existing facilities and do not change the characteristics of existing operations, an EIA is unlikely to be required.

Procurement

The promoter is a private company not operating in the utilities sector and is thus not covered by EU directives on procurement.

Status

Signed - 22/12/2006