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Signature(s)

Amount
€ 150,000,000
Countries
Sector(s)
Hungary : € 1,500,000
Czechia : € 36,000,000
Austria : € 51,750,000
Germany : € 60,750,000
Industry : € 150,000,000
Signature date(s)
18/07/2017 : € 1,500,000
18/07/2017 : € 25,500,000
18/07/2017 : € 26,250,000
18/07/2017 : € 36,000,000
18/07/2017 : € 60,750,000

Summary sheet

Release date
20 July 2017
Status
Reference
Signed | 21/07/2017
20130647
Project name
Promoter - financial intermediary
BENTELER LIGHTWEIGHTING - RDI AND COHESION
BENTELER INTERNATIONAL AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million
EUR 301 million
Description
Objectives

The project concerns the promoter's research, development and innovation (RDI) and technology deployment activities, under the conducting line "lightweighting", for the development of optimised lightweight and safer chassis components - made of a wide variety of metal and non-metal materials and combinations - as well as engine parts with extensive downsizing potential. The project is divided into three different parts, including different locations.

The project's selected RDI, for the development and technology deployment of optimised lightweight and safer chassis components, should enable the promoter to maintain its competitiveness as an innovative and long-term reliable automotive supplier. The project is divided into three different parts, including different locations, in both Competitiveness and in Cohesion priority regions.

Environmental aspects
Procurement

The investments in research and development are carried out in already authorised existing facilities, and do not require an environmental impact assessment (EIA). The implementation of the project will bring indirect environmental benefits through lower CO2 emissions, in the form of lighter and safer components for automotive vehicles.

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

Link to source

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) - BENTELER LIGHTWEIGHTING - RDI AND COHESION
Publication Date
13 Sep 2017
Document language
Main Topic
Lending
Document Number
53020046
Document Focus
Environmental Information
Project Number
20130647
Sector(s)
Regions
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - BENTELER LIGHTWEIGHTING - RDI AND COHESION
Publication Date
29 Jan 2020
Document language
Main Topic
Lending
Document Number
95017753
Document Focus
Environmental Information
Project Number
20130647
Sector(s)
Regions
Publicly available
Download now

General enquiries and comments

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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.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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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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