Release date: 28 June 2024
Promoter – Financial Intermediary
Y SOFT CORPORATION ASLocation
Description
Y Soft is a software and hardware Mid-Cap company that develops digital transformation office solutions, as well automation and robotic tools for quality control, configuration and testing use cases. The project primarily concerns Y Soft research and development activities for the 2024-2027 period. Those activities will be mainly carried out in the company's headquarters in Brno, Czech Republic.
Objectives
The aim is to finance the promoter's RDI activities inThe aim is to finance the promoter's RDI activities developing digital transformation office solutions, as well automation and robotic tools for quality control, configuration and testing use cases.
Sector(s)
- Services - Information and communication
Proposed EIB finance (Approximate amount)
EUR 30 million
Total cost (Approximate amount)
EUR 60 million
Environmental aspects
The activities included in the project do not fall under any Annex of the environmental impact assessment (EIA) Directive 2014/52/EU amending the Directive 2011/92/EU and will be carried out in existing facilities already authorised that will not change their scope due to the project. The increased capacities for OLED devices will be implemented in an existing industrial building and is already authorised for the planned activities
Procurement
The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, and is thus not subject to EU rules on public procurement.
Status
Under appraisal
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).