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Summary sheet

Release date
20 August 2025
Status
Reference
Under appraisal | 14/05/2025
20250214
Project name
Promoter - financial intermediary
PROJECT AJAX
REPUBLIC OF LITHUANIA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 500 million
EUR 1000 million
Location
Sector(s)
  • Services - Public administration and defence; compulsory social security
  • Transport - Transportation and storage
Description
Objectives

The project will co-finance the Republic of Lithuania's state defence budget for 2024-2030.

The aim is to enhance the European Union's security and defence capabilities, contributing to the provision of a public good.

Environmental aspects
Procurement

Where and if applicable, and based on a risk-based approach as defined in the EIB Group's environmental and social policy, the requirements of the Environmental Impact Assessment Directive (EIA) 2011/92/EU as amended by Directive 2014/52/EU, Birds Directive 2009/147/EC and Habitats Directive 92/43/EEC will be checked during appraisal.

The Promoter shall ensure that all contracts for implementation of the project will be tendered in accordance with the applicable EU procurement legislation, Directive 2009/81/EC and 2014/24/EU as well as Directive 92/13/EEC or Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Milestone
Under appraisal
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).

General enquiries and comments

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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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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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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