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Référence: 20160248
Date de publication: 4 mars 2021

Promoteur – Intermédiaire Financier

UPSTREAM TELECOMMUNICATIONS AND SOFTWARE SYSTEMS SA

Lieu

Description

The company's growth programme of EUR 50m over the period 2016-2018, aims to enhance its product offering and scale its business. In fact, the company is planning to invest in software research and development (R&D) and hardware to i) improve its platform components to further support business functions, ii) enrich its product to support increasing data and media-rich services and iii) consolidate data repository to allow company level business intelligence. In parallel, the company will expand the footprint of its product offering to new industries including safety and security, micro-insurance, utilities, and media as well as grow its sales capacity internationally.

Objectifs

The company's growth program of EUR 50m over the period 2016-2018 aims to enhance its product offering and scale its business. The company is planning to invest in software research, development and innovation (RDI) and hardware to i) improve its platform components to further support business functions, ii) enrich its product to support increasing data and media-rich services and iii) consolidate data repository to allow company level business intelligence. In parallel, the company will expand the footprint of its product offering to new industries as well as grow its sales capacity internationally.

Secteur(s)

Montant BEI envisagé (montant approximatif)

EUR 25 million

Coût total (montant approximatif)

EUR 50 million

Aspects environnementaux

The project activities do not fall under Annexes I and II of the EU Directive 2011/92/EC as amended, and are therefore not subject to mandatory environmental impact assessments. The proposed investments will take place inside buildings at existing RDI facilities.

Passation des marchés

The Promoter has been assessed by EIB as being a private company not operating in the utilities sector and not having a status of a contracting entity, and thus is not subject to EU rules on public procurement.

Statut

Signé - 16/12/2016

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

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