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ZKW AUTOMOTIVE LIGHTING RDI

Signature(s)

Amount
€ 150,000,000
Countries
Sector(s)
Slovakia : € 50,000,000
Austria : € 100,000,000
Industry : € 150,000,000
Signature date(s)
27/11/2020 : € 50,000,000
27/11/2020 : € 100,000,000
Link to source

Summary sheet

Release date
3 October 2019
Status
Reference
Signed | 27/11/2020
20190161
Project name
Promoter - financial intermediary
ZKW AUTOMOTIVE LIGHTING RDI
ZKW GROUP GMBH
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million
EUR 326 million
Location
Sector(s)
Description
Objectives

The project concerns the promoter's investments in research, development and innovation (RDI) in the field of innovative automotive lighting systems carried out in Austria and Slovakia, as well as investments in state-of-the art machinery and equipment for the promoter's manufacturing site located in Slovakia. The project covers the period between 2019 and 2021.

The project aims at developing innovative lighting systems for automotive applications as well as to enhance the promoter's manufacturing capacity and efficiency by deploying state-of-the-art machinery and equipment in one of its manufacturing plants.

Environmental aspects
Procurement

RDI activities as well as the installation of new equipment of this kind are not listed in any of the annexes of the Environmental Impact Assessment (EIA) Directive 2014/52/EU amending the Directive 2011/92/EU. Therefore the project is not expected to require an Environmental Impact Assessment (EIA) a per the above mentioned Directive; however the Bank's project team will assess the environmental details and decision of the competent authority during the due diligence.

The promoter is a private company not operating in the utilities sector and does not have the status of a contracting authority. Thus, it is not covered by EU Directives on procurement. Procedures followed are in the best interest of the project and satisfactory for the EIB.

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) - ZKW AUTOMOTIVE LIGHTING RDI
Publication Date
23 Oct 2019
Document language
Main Topic
Lending
Document Number
92443589
Document Focus
Environmental Information
Project Number
20190161
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ZKW AUTOMOTIVE LIGHTING RDI
Publication Date
27 Jul 2023
Document language
Main Topic
Lending
Document Number
163934761
Document Focus
Environmental Information
Project Number
20190161
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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