POSTE ITALIANE INNOVATION

Promoter – Financial Intermediary

POSTE ITALIANE SPA

Location

• Italy

Description

Financing of Poste Italiane 2017-2019 investment programme in IT, Logistics and Postal services.

Objectives

Postal services are recognised as national enabling infrastructures and services of general economic interest. They represent key networks for the functioning of the knowledge economy and for the functioning of services amongst citizens, companies and the government. The project is therefore eligible under Article 309 point (c) common interest: Innovation and Skills (Innovation). Moreover, for the investments in less developed regions, the project is eligible under Article 309 point (a) projects for developing less-developed regions.Postal services are recognized as national enabling infrastructures and services of general economic interest. They represent key networks for the functioning of the knowledge economy and for the functioning of services amongst citizens, companies and the government.

Comments

N/A

Sector(s)

• Services

Proposed EIB finance (Approximate amount)

EUR 173 million

Total cost (Approximate amount)

EUR 347 million

Environmental aspects

The investment and activities included in the project are expected to be carried out in existing facilities that are already used for the same purposes and that are not expected to change their scope due to the project. An environmental impact assessment (EIA) is therefore not needed as per EIA directive 2011/92/EU as amended.

Procurement

The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions except for the postal mail market.

Status

Signed - 22/12/2016