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Global Trade Alert

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Portugal: EIB grants investment support for TMG Automotive's installation of an automotive textile plant

Description

The EIB's loan to TMG Automotive signed on 12 December 2018 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 25 million (approx. USD 31.6 million...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Dec 2018

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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