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Signature(s)

Amount
€ 30,000,000
Countries
Sector(s)
Germany : € 30,000,000
Services : € 30,000,000
Signature date(s)
16/12/2020 : € 30,000,000
Link to source

Summary sheet

Release date
18 December 2020
Status
Reference
Signed | 16/12/2020
20190741
Project name
Promoter - financial intermediary
SNP TRANSFORMATION SOFTWARE
SNP SCHNEIDER-NEUREITHER & PARTNER SE
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
EUR 73 million
Location
Sector(s)
Description
Objectives

The project concerns the research and development (R&D) expenditures for the software developments related to the CrystalBridge software platform. Such developments include basic technologies, new features / applications and improvement of existing modules. The key objective of the R&D work is to further optimise the transformation process for SAP enterprise resource planning applications in order to increase the level of automation, to reduce the downtime of client IT systems and to adapt to the latest developments for cloud deployments, which a key driver for such transformation projects.

The project supports the policy objective of innovation and digitalisation by financing the development of software for digital transformation processes. It will enhance digital transformation across various industries by enhancing the Promoter's unique software platform dedicated to Enterprise Resource Planning (ERP) systems.

Environmental aspects
Procurement

The investments will concern research, development and innovation (RDI) activities mostly within existing facilities. Therefore, the project will not fall under Annex I and II of Directive 2011/92/EC as amended. Nevertheless, the environmental details including environmental objectives of the RDI programme will be assessed during the appraisal.

The Promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement and concessions.

Related projects
Link to source
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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) - SNP TRANSFORMATION SOFTWARE
Publication Date
26 Jan 2021
Document language
Main Topic
Lending
Document Number
134195322
Document Focus
Environmental Information
Project Number
20190741
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - SNP TRANSFORMATION SOFTWARE
Publication Date
28 Nov 2024
Document language
Main Topic
Lending
Document Number
229434151
Document Focus
Environmental Information
Project Number
20190741
Sector(s)
Regions
Countries
Publicly available
Download now

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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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