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Global Trade Alert

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Germany: KfW provides EUR 118 million in financing to Vaillant for development of heat pumps

Description

On 3 August 2023, the KfW IPEX-Bank announced providing a loan of EUR 118 million (USD 129 million) to German heating technology provider Vaillant. The funding supports the company's development of in...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Aug 2023

Revocation date

No revocation date

Implementation level

NFI

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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