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Reference: 20070408
Release date: 21 February 2008

Promoter – Financial Intermediary

Telefonaktiebolaget LM Ericsson

Location

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

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).

Related tags

Sweden Industry