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Global Trade Alert

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Finland-Germany-Sweden: EIB provides financing for 'Sandvik Special Machining and Tooling RDI'

Description

On 21 December 2022, the European Investment Bank (EIB) and Sandvik AB signed an agreement worth EUR 500 million (approx. USD 529 million) for the project 'Sandvik Special Machining and Tooling RDI' f...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Dec 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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