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Reference: 20040542
Release date: 10 February 2005

Promoter – Financial Intermediary

Impfstoffwerk Dessau-Tornau

Location

Description

The project consists of the construction of a new R&D building and a new production facility for virus vaccines. Furthermore, it comprises of the reconstruction of a filling unit, expansion of existing cooling, storage and vaccine production facilities as well as investments in equipment.

Objectives

The project is in line with priority one of the 1st and the 4th priority of the community support framework: “promoting competitiveness in trade and industry, particularly among small and medium-sized enterprises” and “promoting human resources and equal opportunities”. The project is estimated to result in the creation of 197 new direct jobs in the region, while safeguarding existing employment in Impstoffwerk.

Comments

R&D and Health.

Sector(s)

Proposed EIB finance (Approximate amount)

Approx. EUR 40 million

Total cost (Approximate amount)

Approx. EUR 100 million

Environmental aspects

The project’s compliance with all applicable national and EU environmental legislation will be verified during appraisal.

Procurement

Procurement regulations do not apply to this private industry project.

Status

Signed - 8/07/2005

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).

Related tags

Germany Industry