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EIB promotes R&D with EUR 250 million in various EU countries
The European Investment Bank promotes R&D activity in Finland with a EUR 250 million loan to Nokia Siemens Networks.The loan aims at developing technology which will allow mobile telecommunication operators to use a single Base Station platform for their second Generation (2G), third Generation (3G) and Long Term Evolution (LTE, the evolution beyond 3G) networks. The R&D activity under this project will take place in Finland, Poland, Germany and Italy.
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The EIB finances projects promoting EU objectives in a number of geographical regions and across a range of topics.
Information on the EIB project cycle, as well as details of projects financed by the EIB and investments currently under appraisal can be accessed on the website.