Global Trade Alert
Global Trade Alert

Poland: EIB provides financing to Kontakt.io for investment in AI and IoT technologies

Announcement

25 Feb 2022

In February 2022, the EIB provided financing worth EUR 12 million (USD 14 million) to Kontakt.io. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Feb 2022

Revocation date:

No revocation date

Updated: 25 Feb 2022
State loan In force
<p>On 25 February 2022, the European Investment Bank (EIB) and Kontakt Micro-Location (Kontakt.io) signed a loan&nbsp;agreement worth EUR 12 million (approx. USD 14 million) for the project ...
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Updated: 25 Feb 2022
Loan guarantee In force
<p>The EIB's EUR 12 million (approx. USD 14 million) loan signed on 25 February 2022 was backed by the European Guarantee Fund (EGF).</p> <p>The EGF was created in April 2020 b...
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