Summary sheet
Science4you S.A. is a fast-growing Portuguese company which develops, produces and commercialises educational toys. The project includes the company's investment programme in its e-commerce strategy, network development, capital equipment, working capital and product development activities.
The project is expected to contribute to the promoter's international expansion through the development of new sales channels, increasing efficiency and enhancing its portfolio of products and clients. The proposed financing would also contribute to supporting and creating jobs in Europe.
All project activities 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 Directive 2011/92/EU, as amended. Nevertheless, the Bank's Services will review during the project appraisal whether any of the investments requires an EIA, as well as any other environmental details of the project.
The promoter has been assessed by the EIB 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.
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