Release date: 17 July 2002
Promoter – Financial Intermediary
Telecom Italia group subsidiaries specialised in R&D activities (TI LAB) and the provision of multi-media (SEAT) and IT services (FINSIEL and IT Telecom).Location
Description
Telecom Italia group subsidiaries specialised in R&D activities (TI LAB) and the provision of multi-media (SEAT) and IT services (FINSIEL and IT Telecom).
Objectives
To modernise existing resources and to prepare for future business expansion.
Comments
R&D and telecoms and IT value-added services
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 mio
Total cost (Approximate amount)
About EUR 1 000 mio
Environmental aspects
Since the project concerns mainly the purchase of IT hardware and software development, to be carried out in already existing facilities, no negative environmental impact is expected.
Procurement
Purchase of equipment will be via international enquiry among the most qualified suppliers, and research and development work will be negotiated within each Telecom Italia subsidiary.
Status
Signed - 30/12/2003
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).