Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 120,000,000
    Countries
    Sector(s)
    Austria : € 120,000,000
    Industry : € 120,000,000
    Signature date(s)
    13/08/2020 : € 50,000,000
    15/12/2017 : € 70,000,000

    Summary sheet

    Release date
    3 May 2017
    Status
    Reference
    Signed | 15/12/2017
    20160997
    Project name
    Promoter - financial intermediary
    POWERTRAIN DEVELOPMENT AND TEST SYSTEMS RDI
    Private company
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 120 million
    EUR 236 million
    Location
    Sector(s)
    Description
    Objectives

    Financing of research, development and innovation (RDI) activities over the period 2017-2020 including development of new fuel efficient powertrains with reduced emissions and related test systems.

    The project will contribute to increasing the promoter's knowledge and know-how in the field of fuel efficient and low (including zero) carbon powertrain technologies and is expected to lead to higher fuel efficiency and the reduction of emissions of CO2 from motor vehicles. The project concerns innovative research, development and innovation contributing to the development of a more efficient and sustainable transport system.

    Environmental aspects
    Procurement

    The project concerns investments in research and development that are expected to be carried out in existing facilities without changing the already authorised scope and would therefore not require an environmental impact assessment (EIA) under the Directive 2011/92/EU. The Bank's services will review during the project appraisal whether any of the investments concern construction of engine test benches that could fall under Annex II of the EIA Directive, as well as any other environmental details of the project. The results of this research and development (R&D) project are expected to contribute to improving fuel efficiency of motor vehicles.

    The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, thus not being subject to EU rules on public procurement. However, if after the project appraisal the EIB were to conclude that the promoter is after all subject to EU public procurement legislation (i.e. Directive 2004/17/EC), then the Bank would require the promoter to ensure that contracts for the implementation of the project have been/will be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC and Directive 92/13/EEC), with publication of tender notices in the Official Journal of the EU, as and where required.

    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) - POWERTRAIN DEVELOPMENT AND TEST SYSTEMS RDI
    Publication Date
    6 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    74395340
    Document Focus
    Environmental Information
    Project Number
    20160997
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - POWERTRAIN DEVELOPMENT AND TEST SYSTEMS RDI
    Publication Date
    25 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    147817521
    Document Focus
    Environmental Information
    Project Number
    20160997
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    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.

    Related publications