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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    France : € 8,880,000
    Germany : € 29,620,000
    The Netherlands : € 161,500,000
    Industry : € 200,000,000
    Signature date(s)
    22/02/2018 : € 8,880,000
    22/02/2018 : € 29,620,000
    22/02/2018 : € 161,500,000

    Summary sheet

    Release date
    4 June 2019
    Status
    Reference
    Signed | 22/02/2018
    20170471
    Project name
    Promoter - financial intermediary
    PHILIPS MEDTECH R&D
    KONINKLIJKE PHILIPS NV
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 404 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the financing of Philips' expenditure on research and development in the area of healthcare technology.

    The project concerns the promoter's Research, Development and Innovation (RDI) activities related to an innovative portfolio of products in healthcare informatics, diagnosis and treatment and personal health.

    Environmental aspects
    Procurement

    The project concerns investments in Research and Development (R&D) that are expected to be carried out in already authorised existing facilities, which would therefore not require an Environmental Impact Assessment (EIA) under Directive 2011/92/EU. Full environmental details will be verified during the appraisal.

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

    Disclaimer

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

    Documents

    Environmental and Social Data Sheet (ESDS) - PHILIPS MEDTECH R&D
    Publication Date
    15 Jun 2019
    Document language
    Main Topic
    Lending
    Document Number
    94451708
    Document Focus
    Environmental Information
    Project Number
    20170471
    Sector(s)
    Regions
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - PHILIPS MEDTECH R&D
    Publication Date
    30 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    133436445
    Document Focus
    Environmental Information
    Project Number
    20170471
    Sector(s)
    Regions
    Publicly available
    Download now

    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.

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    Complaints mechanism

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    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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