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Global Trade Alert

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Finland and Italy: EIB and KONE signed a EUR 250 million loan for research and development in next-generation elevator and people-flow technologies

Description

On 19 March 2026, the European Investment Bank (EIB) and KONE signed a EUR 250 million (USD 292.6 million) loan. The loan will finance KONE's research, development, and innovation programme between 20...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Mar 2026

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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