Finland: EIB signs loan agreement to support Karl Fazer's construction of a xylitol production facility and R&D activities concerning its bakery and confectionary

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Description

On 7 November 2019, the European Investment Bank (EIB) signed a loan agreement with Oy Karl Fazer Ab having a total value of EUR 40 million (approx. USD 44.2 million). The loan will support the compan...

Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Nov 2019

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

Eligible firms

firm-specific

Affected Trading Partners

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