04.01.16
A €100 million loan from the European Investment Bank (EIB) is to support the research and development (R&D) activities of Heidelberger Druckmaschinen AG (Heidelberg), focusing on digitisation, software integration and expansion of the digital printing portfolio. To help finance the R&D program, which will span several years, the EIB is providing the company with a development loan that can be drawn down in tranches, each with a seven-year term. This is the first time a large German company has benefited from the European Fund for Strategic Investments (EFSI) – the centerpiece of the Investment Plan for Europe.
“We see the digitized and industrially organized print shop as an essential element for successful business models in our sector in the future. Working with our partners, we want to develop future-proof products and services that will help our customers to be successful,” said Gerold Linzbach, Heidelberg’s CEO.
“I’m delighted that our first EFSI project for a German corporate customer allows us to support a company whose products and services have long enabled it to stand its ground in a challenging market,” said Ambroise Fayolle, EIB VPresponsible for lending in Germany. “Heidelberg proves that it pays to invest in research and development, and EFSI is helping to keep this innovative spirit alive in Europe.”
The EIB funding will help Heidelberg drive digitization in the industry and further expand the packaging, digital and services growth segments. Another aim is to enable the company’s customers to expand their business models with new digital printing solutions.
“We see the digitized and industrially organized print shop as an essential element for successful business models in our sector in the future. Working with our partners, we want to develop future-proof products and services that will help our customers to be successful,” said Gerold Linzbach, Heidelberg’s CEO.
“I’m delighted that our first EFSI project for a German corporate customer allows us to support a company whose products and services have long enabled it to stand its ground in a challenging market,” said Ambroise Fayolle, EIB VPresponsible for lending in Germany. “Heidelberg proves that it pays to invest in research and development, and EFSI is helping to keep this innovative spirit alive in Europe.”
The EIB funding will help Heidelberg drive digitization in the industry and further expand the packaging, digital and services growth segments. Another aim is to enable the company’s customers to expand their business models with new digital printing solutions.