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Signature(s)

Amount
€ 33,429,750.11
Countries
Sector(s)
Poland : € 33,429,750.11
Industry : € 33,429,750.11
Signature date(s)
5/01/2026 : € 33,429,750.11
Link to source
Data sheet
Other links
Summary sheet

Summary sheet

Release date
8 January 2026
Status
Reference
Signed | 05/01/2026
20250241
Project name
Promoter - financial intermediary
PROJECT AETHER
WOJSKOWE ZAKLADY LOTNICZE NR 1 SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
PLN 141 million (EUR 33 million)
PLN 283 million (EUR 66 million)
Location
Sector(s)
Description
Objectives

The project will finance a selection of the Promoter's planned capital investments in maintenance facilities and infrastructure.

The aim is to strengthen the maintenance capabilities of an EU-based player and consequently strengthen the EU supply chain resilience for Security and Defence technologies. The investments to be financed support the EU policy priorities under the Horizon Europe Strategic Plan 2025-27, and specifically Cluster 3 (Civil Security for Society) and Cluster 4 (Digital, Industry, and Space: key digital technologies, low carbon, and clean industries).

Additionality and Impact

The Project aligns with Poland's strategy to strengthen the domestic defence industries to foster modernization, deployment of new production capacity, self-reliance in maintenance, and contribute effectively to NATO's collective security.


The Project's activities are eligible for EIB financing and in line with the Bank's IDHC (Innovation, Digital, and Human Capital) public policy goal. They also contribute to the EIB transversal public policy goal "Security and Defence". As such, the Project supports the objectives of the "European Defence Readiness 2030" White Paper through funding the European defence sector. Moreover, the Project contributes to the Bank's Economic and Social Cohesion transversal policy objective.


The Project contributes to the EIB core strategic priorities "Security and Defence" and "Digitalisation and Technological Innovation" (TechEU).


The Project addresses the market failures of imperfect competition and public goods.


The Project strengthens the industrial competitiveness of a prominent Polish supplier of specialised services, by supporting the ramp-up of servicing capacity and by adding specific capabilities to serve emerging needs to maintain the most modern assets of the Polish Armed Forces.


The company benefits from experienced management in executing similar projects, and its organizational strength and competencies have been positively recognized by all major defence contractors in the context of several programmes.

Environmental aspects
Procurement

Based on preliminary information, the project is unlikely to entail significant environmental impacts. The new construction will be built on the existing manufacturing sites which will not change their scope due to this project.

The Promoter shall ensure that all project related contracts will be tendered in accordance with the applicable EU procurement legislation, as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Milestone
Under appraisal
Approved
Signed
24 September 2025
5 January 2026
Link to source
Summary sheet
Other links

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.

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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.

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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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