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Signature(s)

Amount
€ 59,426,622.02
Countries
Sector(s)
Spain : € 59,426,622.02
Industry : € 59,426,622.02
Signature date(s)
20/05/2020 : € 426,622.02
5/12/2014 : € 7,000,000
25/07/2014 : € 7,000,000
6/11/2013 : € 12,629,432.56
6/11/2013 : € 32,370,567.44
Link to source

Summary sheet

Release date
27 May 2013
Status
Reference
Signed | 06/11/2013
20130118
Project name
Promoter - financial intermediary
TUBOS REUNIDOS RDI
TUBOS REUNIDOS SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 59 million
EUR 119 million
Location
Sector(s)
Description
Objectives

The project concerns research, development and innovation (RDI) activities on manufacturing of seamless steel tubes. The project aims at developing new steels and steel tube products in order to respond to customer demand, as well as at developing new manufacturing processes for increased product range, flexibility, delivery lead time, quantities and price. The RDI activities will be carried out in the promoter's existing R&D locations at its manufacturing plants in Amurrio (Alava) and Galindo (Vizcaya), Spain.

The project concerns research, development and innovation activities on seamless steel pipes. The project aims at developing new steels and products in order to respond to customer demand as well as at developing new production processes in order to provide a differential value proposition in terms of range, flexibility, delivery lead time, quantities and price.

Environmental aspects
Procurement

The project includes research, development and innovation activities that are expected to be carried out in existing facilities already authorised and used for this scope and as such should not require an Environmental Impact Assessment (EIA) as per Directive 2011/92/EU.

Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank's services will verify details during the project's due diligence.

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) - TUBOS REUNIDOS RDI
Publication Date
2 Feb 2014
Document language
Main Topic
Lending
Document Number
47772436
Document Focus
Environmental Information
Project Number
20130118
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - TUBOS REUNIDOS RDI
Publication Date
7 Oct 2017
Document language
Main Topic
Lending
Document Number
74545499
Document Focus
Environmental Information
Project Number
20130118
Sector(s)
Regions
Countries
Publicly available
Download now

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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.
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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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