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    Signature(s)

    Amount
    € 500,000,000
    Countries
    Sector(s)
    Germany : € 500,000,000
    Telecom : € 500,000,000
    Signature date(s)
    3/01/2007 : € 500,000,000

    Summary sheet

    Release date
    22 September 2006
    Status
    Reference
    Signed | 03/01/2007
    20060210
    Project name
    Promoter - financial intermediary
    Telecom Research
    A major European telecommunications provider
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 500 million.
    Approx. EUR 1 billion.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the financing of the promoter’s R&D and innovation activities.

    The knowledge generated through the RDI programme promises to hold a larger spillover potential and, thereby, would benefit society in general.

    Environmental aspects
    Procurement

    Project activities do not fall under Annexes I and II of EU Directive 97/11/EC (concerning E.I.A. requirements) and are subject only to national legislation. No particular negative impact on the environment is expected.

    The promoter operates in a fully competitive market and is thus not bound to EU Directive 93/38/EEC (see also EC Communication 2004/C 115/03), concerning supply contracts.

    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).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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