Release date: 4 February 2013
Promoter – Financial Intermediary
AUTOLIV ABLocation
Description
Research and Development into automotive safety systems for the period 2013-2016.
Objectives
The project proposed for financing will include RDI activities for the development of innovative safety technologies for motor vehicles. Some of the project objectives include finding new system solutions or combinations within active and passive technologies, accelerating the development and increasing the adoption of low cost active safety systems, further capitalising on the electronics integration trend.
Comments
Sector(s)
- Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
EUR 425 million
Environmental aspects
The project concerns investments in research and development that are expected to be carried out in existing facilities already authorised and would therefore not require an Environmental Impact Assessment (EIA) under the Directive 2011/92/EU. Any possible environmental issue will however be verified during the project appraisal.
Procurement
The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.
Status
Signed - 16/07/2013
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).