Release date: 18 May 2002
Promoter – Financial Intermediary
Pastificio Rana SpALocation
Description
Upgrade of production installations for fresh filled pasta and prepared sauces for pasta.
Objectives
To modernise and increase the capacity of existing pasta plants, thereby supporting the promoter's internationalisation and contribute to reinforce the Italian economic base in the food industry sector, particularly in a sector in which the Italian industry has a leading position.
Comments
Food industry sector
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 25m
Total cost (Approximate amount)
Around EUR 63m
Environmental aspects
Upgrading also finalised to adjust existing production lines to stricter European standards as regards food hygiene and quality.
Procurement
The promoter supplies the equipment and services for the project from specialised engineering companies, following negotiated procedures.
Status
Signed - 13/08/2002
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).