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    Reference: 20210202
    Release date: 10 April 2024

    Promoter – Financial Intermediary

    KONTAKT MICRO-LOCATION SP ZOO

    Location

    Description

    Kontakt.io is an IoT company operating in the segment of providing indoor IoT and location data insights for its clients.

    Objectives

    The aim is to support the company to mitigate the consequences of the COVID-19 pandemic and to implement its growth investments, mainly in research and development and commercial expansion.

    Sector(s)

    • Telecom - Information and communication

    Proposed EIB finance (Approximate amount)

    EUR 12 million

    Total cost (Approximate amount)

    EUR 16 million

    Environmental aspects

    The project activities do not fall under the Annexes I or II of the EU Directive2014/52/EU amending the environmental Impact assessment (EIA) Directive 2011/92/EU. The project will be carried out in existing facilities, already authorised, that will not change their scope due to the project. As such, the project activities are not subject to a mandatory EIA.

    Procurement

    The promoter is a private company not operating in the utilities sector and not having the status of a contracting entity, and thus is not subject to EU rules on public procurement. Under these conditions, the procurement procedures followed by the Promoter are suitable for the project.

    Status

    Signed - 25/02/2022

    Milestone
    Under appraisal
    Approved
    Signed
    17 December 2021
    25 February 2022

    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

    Poland Telecom