Release date: 6 June 2012
Promoter – Financial Intermediary
GIESECKE & DEVRIENT GMBHLocation
Description
The project concerns the promoter’s R&D activities in relation to its two key business lines: (i) bank note processing and (ii) mobile security including payment solution. More precisely, it comprises the development of a new generation of bank note inspection machines, enhanced secure payment solutions and new authentication solutions for the telecommunication as well as the governmental sector.
Objectives
Knowledge Economy
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
EUR 120 million
Environmental aspects
The investments concern RDI activities within existing facilities. Therefore it is unlikely that the project will fall under Annex I and II of Directive 85/337/EC as amended by Directives 97/11/EC and 2003/35/EC. The full details will be assessed during appraisal.
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 - 27/07/2012