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.

05.05.2025

NIB:n ensimmäinen lainarahoitus puolustusteollisuudelle Savox Communicationsille