Global Trade Alert
Global Trade Alert

Finland, France, Germany and Poland: EIB grants investment support for Nokia OYJ to support its business activities in the area of 5G development and mobile technology

Announcement

27 Aug 2018

In August 2018, the European Investment Bank (EIB) signed a loan agreement with Nokia OYJ to support its telecommunications, information technology, and software and services business activities in the area of 5G development and mobile technology. The loan will be guaranteed by the European Fund for Strategic Investment (EFSI).

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Aug 2018

Revocation date:

No revocation date

Updated: 27 Aug 2018
Loan guarantee In force

The EIB's loan to Nokia OYJ signed on 27 August 2018 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 500 million (approx. USD 583.8 millio...

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Updated: 27 Aug 2018
State loan In force

The loan agreement between the European Investment Bank (EIB) and Nokia OYJ was signed on 27 August 2018 and has a total value of EUR 500 million (approx. USD 583.8 million).

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