Reference:
20070408
Release date: 21 February 2008
Release date: 21 February 2008
Promoter – Financial Intermediary
Telefonaktiebolaget LM EricssonLocation
Description
The project concerns the part-financing of Ericsson Group’s annual R&D expenditures in the 2008-2010 period.
Objectives
The project aims at developing Ericsson’s telecommunication infrastructure equipment for next generation mobile broadband networks.
Sector(s)
Proposed EIB finance (Approximate amount)
Loan up to SEK 4bn (EUR 425 million).
Total cost (Approximate amount)
Approximately SEK 9.3bn (EUR 990 million).
Environmental aspects
The execution of the RDI programme will have no material environmental impact. All national and EU environmental legislation will be respected.
Procurement
The promoter is a private company and therefore not bound by EC Directives on procurement.
Status
Signed - 2/07/2008