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Reference: 20050171
Release date: 9 November 2005

Promoter – Financial Intermediary

Voestalpine AG, Linz, Austria

Location

Description

Construction of a new steel service center, a profile forming plant and five warehouses.

Objectives

The project comprises an investment programme aiming to improve the promoter’s presence and customer service in the Eastern European markets.

Comments

Manufacturing.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to EUR 25 million.

Total cost (Approximate amount)

Estimated at EUR 50 million.

Environmental aspects

The projects covered by the investment programme do not fall under either Annex I or II of the 97/11/EC Directive on EIA as amended by 2003/35/EC. However, the Service Center in Poland is directly covered by the Polish law on EIA. Consequently, the promoter has carried out an environmental impact assessment (EIA) for the sub-project.

Procurement

The promoter is a private company to which EU Directives on procurement do not apply. The promoter usually carries out competitive enquiries among potential suppliers for goods and services, as is common in the industry.

Status

Signed - 27/11/2006

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

Poland Industry