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    Référence: 20210243
    Date de publication: 6 février 2023

    Promoteur – Intermédiaire Financier




    The project concerns research, development and innovation (RDI) activities in wireless networks and communication technologies for mobility, industry and healthcare applications. Furthermore, the investment includes the expansion and upgrade of the company's manufacturing facilities in Lithuania.

    Additionality and Impact

    The promoter is a growing European Midcap developing and manufacturing innovative solutions for Internet of Things (IoT) applications. The project entails positive knowledge spill-overs from research and development activities in particular in the field of networks and communication technologies, such as for telematics, industrial routers and telemedicine. Furthermore, it is strengthening the EU's industrial position and manufacturing capability in innovative and growing markets. The EIB provides the company access to long-term financing combined with flexible drawdown conditions, which better mirrors the time horizon and inherently higher level of uncertainty of R&D activities.


    The aim is to develop innovative products in areas such as industrial routers, telematics and telemedicine. It will also strengthen RDI and manufacturing capabilities and to support its further growth in Internet of Things (IoT) markets.


    Montant BEI envisagé (montant approximatif)

    EUR 50 million

    Coût total (montant approximatif)

    EUR 111 million

    Aspects environnementaux

    The RDI activities will take place within existing facilities without changing their authorised scope and do not fall under Annex I or II of Environmental Impact Assessment (EIA) Directive 2014/52/EU amending 2011/92/EU. Some of the project activities concern capital expenditures that would fall under Annex II of the said Directive. All environmental details will be evaluated during the project's due diligence.

    Passation des marchés

    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 at the project appraisal, the EIB were to conclude that the promoter is subject to the EU public procurement legislation, then the those rules will need to be applied.


    Signé - 19/05/2022

    Clause de non-responsabilité

    Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
    Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).

    Mots-clés correspondants

    Lituanie Industrie