Summary sheet
Financing of William Demant A/S's research, development and innovation (RDI) into hearing equipment.
The project comprises a selection of its planned expenditures in RDI for the development of the next generation of wireless acoustic hearing devices.
The RDI activities are expected to be carried out in existing facilities that are already used for the same purposes and that are not expected to change their scope due to the project. An environmental impact assessment (EIA) is therefore not needed according to Directive 2011/92/EU. The full environmental details will however be investigated by the Bank’s services during the project due diligence.
The promoter is a private company not operating in the utilities sector and not having a status of a contracting authority. Thus, it is not covered by the directives on procurement.
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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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