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Global Trade Alert

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France and Italy: EIB provides financing to STMicroelectronics NV for the development of new semiconductor technologies

Description

On 16 December 2021, the European Investment Bank (EIB) and STMicroelectronics NV signed a loan agreement worth EUR 600 million (approx. USD 678 million) for the project 'Stm Semiconduct R&D Italy...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Dec 2021

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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