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Global Trade Alert

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Lithuania: EIB provides financing to Teltonika IoT Group

Description

The EIB's EUR 50 million (approx. USD 53 million) loan to Teltonika IoT Group was backed by a guarantee from the European Fund for Strategic Investments (EFSI). The EFSI is a joint initiative by the E...

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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

Supranational

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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