Savox Communications Oy
| Date: | 05 May 2025 |
|---|---|
| Country: | Finland |
| Customer: | Savox Communications Oy |
| Amount in EUR: | EUR 5 million |
| Maturity: | 5 years |
| Business sector: | Industry & Real Estate |
Project
The loan has been provided for Savox Communications for the financing of Savox’s defence-related research and development expenditures in Finland until the end of 2026.
Fulfilment of NIB's mandate
Savox, a small mid-cap company, is receiving NIB loan to finance its R&D investments in Finland until the end of 2026. These investments focus on enhancing wireless digital communication through advanced noise reduction, improving device usability in extreme conditions, and expanding the use of vision systems in intercommunication.
By concentrating on high-performance, durable communication devices, Savox aims to ensure effective and secure connectivity in the most demanding environments. Preserving and further developing domestic expertise in this field can be seen to support the security and resilience of the NB8 region.
Sustainability summary
No significant environmental concerns have been identified.
