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    Reference: 20140133
    Release date: 12 September 2014

    Promoter – Financial Intermediary

    TECHNOPOLIS OYJ

    Location

    Description

    The project concerns the design and construction of premises for innovative companies, start-up incubators and research organisations in existing and new technology parks in Finland, Estonia and Lithuania.

    Objectives

    The project aims to expand the promoter's network of science parks in Finland, Estonia and Lithuania.

    Comments

    Sector(s)

    • Services - Professional, scientific and technical activities

    Proposed EIB finance (Approximate amount)

    EUR 40 million

    Total cost (Approximate amount)

    EUR 88 million

    Environmental aspects

    The project concerns the construction of new buildings and may thus fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU as an urban development project. Full environmental details will be assessed during appraisal, including the decision of the local competent authority on whether or not an EIA is needed and the possible impact of the project on protected flora and fauna (Habitats Directive 92/43/EC and Birds Directive 79/409/EC).

    Procurement

    The promoter is a private company not operating in the utilities sector and not having a status of a contracting authority. Thus, it is not covered by the EU directives on procurement. Procurement procedures will be verified during appraisal.

    Status

    Signed - 5/11/2014

    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

    Estonia Finland Lithuania Services