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Global Trade Alert

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Austria: EIB grants investment support for Marinomed Biotech AG's development of two proprietary biotechnology platforms

Description

The loan agreement between the European Investment Bank (EIB) and Marinomed Biotech AG was signed on 25 February 2019 and has a total value of EUR 15 million (approx. USD 17 million). The loan will su...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Feb 2019

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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