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    Signature(s)

    Amount
    € 500,000,000
    Countries
    Sector(s)
    Sweden : € 500,000,000
    Industry : € 500,000,000
    Signature date(s)
    18/10/2019 : € 250,000,000
    31/05/2018 : € 250,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    7 June 2018
    Status
    Reference
    Signed | 31/05/2018
    20170792
    Project name
    Promoter - financial intermediary
    ERICSSON 5G
    TELEFONAKTIEBOLAGET LM ERICSSON
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 500 million
    EUR 1451 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the Research, Development and Innovation (RDI) investments by the promoter for the development of the fifth generation of mobile telecommunications systems (5G). It includes the development of hardware and software for the Radio Access Network (RAN), the core network, advanced analytics and data exposure functions to enable autonomous networks and an ecosystem in 5G.

    The financing will support Ericsson's Research and Development (R&D) activities in Europe to further develop 5G, mobile technology and definition of standards. Mobile networks are evolving to deliver superior mobile broadband and communication services with increased data rates, improved coverage, availability and quality that will open-up for new services and business opportunities across a broad range of industries in Europe and globally.

    Environmental aspects
    Procurement

    The RDI activities included in the project will concern mainly software and hardware development and are expected to be performed in existing premises, so no particular negative impact on the environment is expected. An Environmental Impact Assessment (EIA) is therefore not needed as per EIA Directive 2014/52/EU amending Directive 2011/92/EU. The full environmental details will however be investigated by the Bank's services during the project due diligence.

    The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions.

    Link to source
    Summary sheet

    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) - ERICSSON 5G
    Publication Date
    6 Jun 2018
    Document language
    Main Topic
    Lending
    Document Number
    80195528
    Document Focus
    Environmental Information
    Project Number
    20170792
    Sector(s)
    Regions
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - ERICSSON 5G
    Publication Date
    23 Dec 2022
    Document language
    Main Topic
    Lending
    Document Number
    162479797
    Document Focus
    Environmental Information
    Project Number
    20170792
    Sector(s)
    Regions
    Publicly available
    Download now
    scoreboard - ERICSSON 5G
    Publication Date
    16 Apr 2018
    Document Language
    English
    Main Topic
    lending
    Document Number
    82863975
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20170792
    Last update
    16 Apr 2018
    Sector(s)
    Industry
    Countries
    Sweden, Ireland, Spain, EU 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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