TECH-EU COMAU ADVANCED AUTOMATION RDI (EIB-20250165)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • France
  • Italy
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 28, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Comau SpA
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Industry and Trade
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 57.98 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 50
Converted using 2025-11-28 exchange rate.
Loan Amount (USD)
$ 57.98 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 50 million
Converted using 2025-11-28 exchange rate.
Project Cost (USD)
$ 131.04 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 113 million
Converted using 2025-11-28 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Jan 26, 2026

Disclosed by Bank Dec 29, 2025


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the EIB, the project comprises of a selection of the promoter's investments in research, development and innovation on robotics, advanced automation solutions, e-mobility, advanced machine tools, as well as on digitalisation. The project will be carried out primarily in Italy and to a smaller extent in France over the period between 2025 and 2028.

The project aims to support the promoter in developing innovative and more efficient solutions for key applications, including logistics, automation in renewable energy equipment manufacturing, circular economy, and e-mobility, where the research, development and innovation activities focus on creating cutting edge products and technologies to serve the automotive electrification value chain. Investments in digitalisation and cybersecurity are primarily directed toward integrating advanced solutions into the promoter's products.

The project is in line with the InvestEU objective of research, innovation and digitalisation as it promotes advanced automation in sustainable mobility and other industries addressed by the EU Green Deal.

The Project strengthens the know-how and expertise of a leading EU supplier of industrial automation and advanced robotics, thus supporting the competitiveness of the European supply chain for advanced manufacturing technologies.

Due to the Promoter's close collaboration with the academia, customer industries and suppliers, the Project contributes to the diffusion of knowledge in these advanced technologies in Europe and brings positive stimulus to further R&D and innovation.

The Project's activities are in line with the Bank's IDHC (Innovation, Digital and Human Capital) public policy goal. Part of the Project contributes to the Bank's Economic and Social Cohesion transversal policy objective as well as to Bank's Climate Action & Environmental Sustainability (CA&ES) cross-cutting objective. Part of the Project's activities are also aligned with the objectives of the EIB RePowerEU package.

The proposed operation satisfactorily meets the funding needs of the Promoter providing additional flexibility in terms of longer tenors and lower cost of funding. The EIB funding is expected to improve the Promoter financial structure by spreading out its repayment profile, reducing the cost of newly incurred indebtedness as well as diversifying its funding base.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

As stated by the EIB, Comau is a worldwide leader in delivering advanced automation solutions across diverse industries. Together with Automha, a fully owned company specializing in global intralogistics and warehousing automation, Comau is enabling companies of all sizes in almost any industry to unlock the full potential of automation, robotics, and digital technologies – and to increase their efficiency, flexibility, and competitiveness in rapidly growing markets. 

Comau’s portfolio includes products and systems for vehicle manufacturing, with a strong presence in e-Mobility, as well as cutting-edge  robotics and digital solutions for a variety of industrial sectors, such as shipyards, food&beverage, logistics, pharma, and renewable energies. Comau also offers project management and consultancy services and has an internationally recognized training Academy. Automha develops intelligent, high-performance automated storage and retrieval handling systems that optimize efficiency and reliability across diverse industries. Headquartered in Turin, Italy, Comau has an international network of 7 innovation centers and 11 manufacturing plants that span 11 countries and employ 3,800 people. Automha, headquartered in Bergamo, Italy, has 4 subsidiaries and manufacturing facilities in both Italy and China, which employ a total of 280 people.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Comau SpA Client Industry and Trade

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No project contacts provided at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm

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: complaints@eib.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

When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. You can write to the Ombudsman in any of the languages of the European Union. Additional details, including filing requirements and complaint forms, are available at: http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces

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