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    Signature(s)

    Amount
    € 250,000,000
    Countries
    Sector(s)
    Poland : € 70,000,000
    Finland : € 180,000,000
    Industry : € 250,000,000
    Signature date(s)
    26/06/2009 : € 70,000,000
    26/06/2009 : € 180,000,000
    Link to source

    Summary sheet

    Release date
    25 March 2009
    Status
    Reference
    Signed | 26/06/2009
    20080525
    Project name
    Promoter - financial intermediary
    Nokia Siemens Networks Single RAN RDI
    Nokia Siemens Networks B.V.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 200 million.
    Approximately EUR 680 million.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns part financing of Nokia Siement Networks Group’s research and development expenses in the 2009-2011 period.

    The project aims at developing the hardware and software platform for the development of Radio Access Network (RAN) technology for mobile communication systems.

    Environmental aspects
    Procurement

    The project activities do not fall under Annexes I and II of the EU Directive 97/11/EC, as amended by 2003/35/EC, and are therefore not subject to mandatory Environmental Impact Assessment. As the proposed investments will mainly take place inside buildings already being used for similar activities, and concern mainly software and hardware research activities, no particular negative impact on the environment is expected.

    The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    News & Stories

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