Global Trade Alert
Global Trade Alert

Austria, Germany, the United Kingdom and France: EIB grants investment support for Zumtobel Group's lighting solutions business

Announcement

03 Sep 2018

In September 2018, the European Investment Bank (EIB) signed a loan agreement with Zumtobel Group to support its lighting solutions business. The loan will be guaranteed by the European Fund for Strategic Investment (EFSI).
 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Sep 2018

Revocation date:

No revocation date

Updated: 03 Sep 2018
Loan guarantee In force

The EIB's loan to Zumtobel Group signed on 3 September 2018 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 40 million (approx. USD 46.5 millio...

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Updated: 03 Sep 2018
State loan In force

The European Investment Bank (EIB) approved a total financing value of EUR 80 million (approx. USD 93 million) for a research and development project concerning "intelligent, better-connected ...

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