Release date: 25 March 2009
Promoter – Financial Intermediary
Nokia Siemens Networks B.V.Location
Description
The project concerns part financing of Nokia Siement Networks Group’s research and development expenses in the 2009-2011 period.
Objectives
The project aims at developing the hardware and software platform for the development of Radio Access Network (RAN) technology for mobile communication systems.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 million.
Total cost (Approximate amount)
Approximately EUR 680 million.
Environmental aspects
The project activities do not fall under Annexes I and II of the EU Directive 97/11/EC, as amended by 2003/35/EC, and are therefore not subject to mandatory Environmental Impact Assessment. As the proposed investments will mainly take place inside buildings already being used for similar activities, and concern mainly software and hardware research activities, no particular negative impact on the environment is expected.
Procurement
The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives on procurement.
Status
Signed - 26/06/2009
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).