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    Reference: 20230277
    Release date: 26 June 2024

    Promoter – Financial Intermediary




    The project promoter, Sennder Technologies, developed a digital freight forwarding platform that connects large shippers with small independent carriers using software technology. The loan will finance its research and development activities as well as market expansion.


    The aim is to help the company to further develop its digital freight-forwarding platform and support its international business expansion. This will improve the transparency and efficiency of its logistics as well as the use of existing road carrier capacities to reduce 'empty kilometres'.


    Proposed EIB finance (Approximate amount)

    EUR 40 million

    Total cost (Approximate amount)

    EUR 121 million

    Environmental aspects

    The project activities do not fall under Annexes I and II of the environmental impact assessment (EIA) Directive 2014/52/EU (amending Directive 2011/92/EU), hence these are not subject to a mandatory EIA. The activities included in the project scope will be performed in existing buildings, therefore these are not expected to have any relevant environmental impact. However, the EIB will review such environmental details during the project appraisal.


    The promoter has been assessed by the EIB as being a private company not subject to EU rules on public procurement or concessions. However, if after the project appraisal the EIB were to conclude that the promoter is after all subject to EU public procurement legislation, then the promoter has to ensure that contracts for the project implementation have been/will be tendered in line with the relevant applicable EU procurement legislation.


    Under appraisal - 27/09/2023

    Under appraisal


    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).

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