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Signature(s)

Amount
€ 220,000,000
Countries
Sector(s)
Germany : € 220,000,000
Industry : € 220,000,000
Signature date(s)
26/11/2013 : € 220,000,000
Link to source
Data sheet

Summary sheet

Release date
4 October 2013
Status
Reference
Signed | 26/11/2013
20130115
Project name
Promoter - financial intermediary
JCI RDI GERMANY
JOHNSON CONTROLS INC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 220 million
EUR 476 million
Location
Sector(s)
Description
Objectives

The project consists of RDI expenditures related to weight reduction and other performance related aspects, and safety improvement of car seats which JCI supplies to OEMs. The project will primarily take place in Germany, the location of JCI's European head office.

The project is limited to the promoter’s seating segment. Specifically, it covers research and development expenditures related to weight reduction, safety improvement and other performance-related aspects of car seats which the promoter supplies to Original Equipment Manufacturers (OEMs). In parallel, the R&D aims at the expansion of the product range, while improving the modularisation of seating to fit a wider range of platforms and OEMs, leading to cost reduction and enhanced competitiveness.

Environmental aspects
Procurement

R&D activities are not specifically mentioned under the EIA Directive 2011/92/EU, and the project is expected to be carried out in existing facilities without changing their already authorised scope. However, any potential investment concerning test equipment, which fall under Annex II of the EIA Directive, along with any other environmental issues, will be clarified during the project’s appraisal.

The promoter is a private company not operating in the Utilities sector and not having a status of a contracting authority. Thus it is not covered by EU Directives on procurement.

Link to source
Summary sheet

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).

Documents

Environmental and Social Data Sheet (ESDS) - JCI RDI GERMANY
Publication Date
11 Feb 2014
Document language
Main Topic
Lending
Document Number
48519100
Document Focus
Environmental Information
Project Number
20130115
Sector(s)
Regions
Countries
Publicly available
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