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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Denmark : € 5,000,000
    Finland : € 14,000,000
    Sweden : € 81,000,000
    Industry : € 100,000,000
    Signature date(s)
    18/08/2016 : € 5,000,000
    18/08/2016 : € 14,000,000
    18/08/2016 : € 81,000,000
    Link to source

    Summary sheet

    Release date
    30 May 2016
    Status
    Reference
    Signed | 18/08/2016
    20160133
    Project name
    Promoter - financial intermediary
    DIGITAL INNOVATION
    Confidential
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    EUR 253 million
    Location
    Sector(s)
    Description
    Objectives

    The project relates to research, development and innovation (RDI) investments used for the development of new content as well as content delivery platforms in Sweden. The outcome of the project will support the promoter's migration to a digital business model for areas such as books, magazines, broadcasting and news. The RDI activities will be carried out mainly in Sweden from 2016 to 2018.

    The project supports an European promoter in its efforts to foster its competitive position in high value added products by investing in RDI and therefore contributes to the targets of the Europe 2020 strategy.

    Environmental aspects
    Procurement

    The investments will concern RDI activities most likely within existing facilities. Therefore, it is unlikely that the project will fall under Annex I or II of Directive 2011/92/EU as amended. Nevertheless, the environmental details including environmental objectives of the RDI programme will be assessed during the appraisal.

    The promoter has been assessed by the EIB as being a private company not operating in the utilities sector and not having the status of a contracting entity, thus not subject to EU rules on public procurement.

    Link to source
    Summary sheet

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - DIGITAL INNOVATION
    Publication Date
    25 Jul 2016
    Document language
    Main Topic
    Lending
    Document Number
    67996946
    Document Focus
    Environmental Information
    Project Number
    20160133
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - DIGITAL INNOVATION
    Publication Date
    10 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    125143448
    Document Focus
    Environmental Information
    Project Number
    20160133
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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