Release date: 13 April 2004
Promoter – Financial Intermediary
A 100 % family-owned producer of corrugated cardboard.Location
Description
Construction of greenfield production facilities (capacity 380 000 t), notably a recycled paper-based paper mill in Schwarza-Rudolstadt, Free State of Thuringia (Eastern Germany).
Objectives
The project has an important role supporting Germany’s policy of waste paper recovery and recycling. Furthermore, the project is expected to create a total of about 220 direct jobs.
Comments
Paper manufacturing industry.
Sector(s)
Environmental aspects
Compliance with EU environmental directives and national laws shall be ensured.
Procurement
For the award of public contracts the EU tender directives are to be followed.
Status
Signed - 6/12/2004
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).