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    Signature(s)

    Amount
    € 28,000,000
    Countries
    Sector(s)
    Denmark : € 28,000,000
    Industry : € 28,000,000
    Signature date(s)
    24/10/2016 : € 28,000,000
    Link to source

    Summary sheet

    Release date
    1 June 2016
    Status
    Reference
    Signed | 27/10/2016
    20150805
    Project name
    Promoter - financial intermediary
    TERMA SPACE AND RADAR TECHNOLOGY RDI
    TERMA A/S
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 28 million
    EUR 58 million
    Location
    Sector(s)
    Description
    Objectives

    The project relates to research, development and innovation (RDI) investments for high-tech solutions used for telecommunications satellites, radar solutions for civilian security and surveillance applications as well as airborne self-protection systems. The activities will be carried out in Denmark.

    The project supports a European promoter in its efforts to foster its competitive position in high-value-added products by investing in RDI, and contributes to the targets of the Europe 2020 strategy.

    Environmental aspects
    Procurement

    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 is therefore not needed in accordance with EIA Directive 2011/92/EU.

    The promoter appears to be a private company not operating in the utilities sector and not having the status of a contracting entity. Should this be the case, the promoter would not be subject to EU rules on public procurement.

    Link to source

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - TERMA SPACE AND RADAR TECHNOLOGY RDI
    Publication Date
    1 Oct 2016
    Document language
    Main Topic
    Lending
    Document Number
    65268226
    Document Focus
    Environmental Information
    Project Number
    20150805
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - TERMA SPACE AND RADAR TECHNOLOGY RDI
    Publication Date
    16 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    135071864
    Document Focus
    Environmental Information
    Project Number
    20150805
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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