Reference:
20060210
Release date: 22 September 2006
Release date: 22 September 2006
Promoter – Financial Intermediary
A major European telecommunications providerLocation
Description
The project concerns the financing of the promoter’s R&D and innovation activities.
Objectives
The knowledge generated through the RDI programme promises to hold a larger spillover potential and, thereby, would benefit society in general.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 500 million.
Total cost (Approximate amount)
Approx. EUR 1 billion.
Environmental aspects
Project activities do not fall under Annexes I and II of EU Directive 97/11/EC (concerning E.I.A. requirements) and are subject only to national legislation. No particular negative impact on the environment is expected.
Procurement
The promoter operates in a fully competitive market and is thus not bound to EU Directive 93/38/EEC (see also EC Communication 2004/C 115/03), concerning supply contracts.
Status
Signed - 3/01/2007