Global Trade Alert
Global Trade Alert

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Lithuania: EIB provides financing to Teltonika IoT Group

Description

On 19 May 2022, the European Investment Bank (EIB) and Teltonika IoT Group signed a loan agreement worth EUR 50 million (approx. USD 53 million) for the project 'Teltonika IoT Group Investment Program...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 May 2022

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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