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Nokia secures €870 million loan from EIB to drive Europe’s leadership in advanced mobile technologies
The European Investment Bank (EIB) is lending up to €870 million to Finnish telecommunications company Nokia to accelerate the development of next-generation technologies for mobile networks. Nokia will use the EIB financing for work on systems known as 5G-Advanced and 6G, reinforcing Europe’s technological leadership in mobile communications.
Investment spending by Polish firms stable despite global turbulence
Corporate investment in Poland remains largely stable despite global trade disruptions, the latest European Investment Bank’s survey found. The share of companies reporting having made investments rose slightly for the third consecutive year, reaching 80% in the latest edition of the survey. Although this figure is below the EU average (86%), more firms in Poland than across the 27 member states plan to increase investment spending in the future.
Poland: With €600 million loan, EIB is the main financier behind new offshore wind farm
The European Investment Bank (EIB) will contribute €600 million and become the largest lender to the construction of BC-Wind, a 390 MW offshore wind windfarm in the Baltic Sea set to supply nearly half a million Polish households and businesses with clean power. Developed by Ocean Winds, an ENGIE and EDPR joint venture, the wind farm will sit over 20 kilometres off Poland’s western coast and is expected to start production in 2028. It marks the fourth major offshore project backed by the EIB in Poland, and the third one signed in the country just this year.