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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Italy : € 100,000,000
Industry : € 100,000,000
Signature date(s)
22/05/2015 : € 100,000,000
Link to source

Summary sheet

Release date
26 February 2015
Status
Reference
Signed | 22/05/2015
20140677
Project name
Promoter - financial intermediary
ARVEDI MODERNISATION PROGRAMME
FINARVEDI SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
EUR 227 million
Location
Sector(s)
Description
Objectives

Financing of part of the promoter's modernisation programme

The project comprises investment in two of Arvedi's north Italian production sites for the modernisation and downstream extension of production processes, introduction of new products and research and development (R&D) activities in steel products.

Environmental aspects
Procurement

The project concerns modernisation investment in both plants and R&D that are expected to be carried out in existing facilities. Parts of the investment require an environmental impact assessment (EIA) and a change in the existing site-specific environmental authorisation (AIA).

The promoter has been assessed as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.

Link to source
Other links

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) - ARVEDI MODERNISATION PROGRAMME
Publication Date
28 Apr 2015
Document language
Main Topic
Lending
Document Number
58672390
Document Focus
Environmental Information
Project Number
20140677
Sector(s)
Regions
Countries
Publicly available
Download now
Non-Technical Summary (NTS) - ARVEDI MODERNISATION PROGRAMME - Siderurgica Triestina - Installazione di via Servola 1
Publication Date
19 Mar 2016
Document language
Main Topic
Lending
Document Number
59231916
Document Focus
Environmental Information
Project Number
20140677
Sector(s)
Regions
Countries
Publicly available
Download now
Non-Technical Summary (NTS) - ARVEDI MODERNISATION PROGRAMME - Modifica Impiantistica - Sostituzione Forno Linea 1 con nuovo forno Quantum
Publication Date
19 Mar 2016
Document language
Main Topic
Lending
Document Number
59249647
Document Focus
Environmental Information
Project Number
20140677
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ARVEDI MODERNISATION PROGRAMME
Publication Date
16 Dec 2020
Document language
Main Topic
Lending
Document Number
95063360
Document Focus
Environmental Information
Project Number
20140677
Sector(s)
Regions
Countries
Publicly available
Download now

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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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