According to EIB website, the project will focus on energy and resource efficiency as well as research and development (R&D) investments in sugar and starch plants in Austria, upgrade of a bio-ethanol production unit in Austria and construction of a new sugar packaging plant in Hungary. It will increase competitiveness of its business segments through innovation and process optimisation. The modernisation of the existing industrial sites and the investment in improved logistics are expected to decrease its costs by saving energy, water and inputs. The proposed measures will also increase the promoter's environmental sustainability.
Furthermore, the project is acceptable for Bank financing on environmental and social standpoint.
No contact information provided at the time of disclosure.
ACCOUNTABILITY MECHANISM OF EIB
The EIB Complaints Mechanism is designed to facilitate and handle complaints against the EIB by individuals, organizations or corporations affected by EIB activities. When exercising the right to lodge a complaint against the EIB, any member of the public has access to a two-tier procedure, one internal - the Complaints Mechanism Office - and one external - the European Ombudsman. A complaint can be lodged via a written communication addressed to the Secretary General of the EIB, via email to the dedicated email address firstname.lastname@example.org, by completing the online complaint form available at the following address: http://www.eib.org/complaints/form, via fax or delivered directly to the EIB Complaints Mechanism Division, any EIB local representation office or any EIB staff. For further details, check: http://www.eib.org/attachments/strategies/complaints_mechanism_policy_en.pdf
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