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Denmark: NIB signs DKK 750 million loan agreement with Novozymes to support its R&D activities in the area of enzyme production

Description

On 16 January 2020, the Nordic Investment Bank (NIB) and Novozymes A/S signed a loan agreement having a total value of DKK 750 million (approx. USD 111.7 million). The maturity of the loan is 10 years...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Jan 2020

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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