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Global Trade Alert

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Finland and Italy: EIB grants investment support for KONE's R&D investments concerning elevators and escalators

Description

On 17 June 2019, the European Investment Bank (EIB) and KONE Oyj signed a loan agreement having a total value of EUR 200 million (approx. USD 224.5 million). The loan will support the company's resear...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Jun 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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