CHARLES OAKES & CO. AWARDED PLACE ON THE EUROPEAN INVESTMENT BANK’S €160M ARROW FRAMEWORK
Six-year IT Consultancy Framework covering Project Management, Business Analysis and Testing — delivered through a consortium of five specialist partners
LUXEMBOURG, 11 March 2026 — Charles Oakes & Co. is pleased to announce it has been awarded a position on the European Investment Bank’s ARROW Framework Agreement — a six-year, €160 million contract covering IT Consultancy Services for Project Management, Business Analysis, and Testing.
The award reinforces Charles Oakes & Co.’s long-standing relationship with the EIB and confirms its position among Europe’s most trusted IT service partners.
A High-Performing Consortium
The framework will be delivered through a consortium of five specialist partners, combining deep domain expertise, cross-disciplinary delivery capabilities, and a strong on-the-ground presence in Luxembourg:
- Charles Oakes & Co.
- FINCONS
- Network Research Belgium (NRB)
- Satisco
- VASS EU Services
Together, the consortium offers the EIB the responsiveness, scale, and continuity of service its programs demand.
Building on a Decade of Trusted Collaboration
ARROW extends more than ten years of strategic partnership between Charles Oakes & Co. and the EIB across multiple technology programs. The framework secures continuity for existing teams while creating a platform for future growth.
“We are proud to continue supporting the EIB through this important new framework. ARROW secures continuity for our teams and provides a strong foundation for expansion. We are honored to stand alongside such capable consortium partners, and we remain fully committed to the reliability, flexibility, and quality of service the EIB expects from us.”
— Charles Oakes, Owner and Managing Director, Charles Oakes & Co.
About Charles Oakes & Co.
Founded in 2005 and headquartered in Luxembourg, Charles Oakes & Co. is a leading provider of high-value IT consultancy services to European institutions and major organizations across the continent. The company has a proven record of delivery across complex digital environments, backed by strong compliance credentials and a flexible European footprint.
Media Contact
Charles Oakes & Co. S.à r.l.
Luxembourg
Email: info@charlesoakes.com
Web: www.charlesoakes.com