Company ABC is considering a new 5-year investment into new production equipment that requires initial investment 5 million. The project is expected to generate 1.4 million in annual sales, with costs of 0.6 million per year for next 5 years. ABC uses the straight-line depreciation over the 5 years of project life (book value assumed to be zero at the end of the project). The tax rate is 35%. If the project do not require any net working capital and the required return of the project is 8%. What is the project's NPV? Express your answer in millions of euros