Announcement
23 Jul 2018
In July 2018, the European Investment Bank (EIB) signed a loan agreement with Velatia Group to support its innovation activities in the area of power transmission and distribution. 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
23 Jul 2018
Revocation date:
No revocation date
Updated: 23 Jul 2018
State loan
In force
The EIB's loan to Velatia Group signed on 23 July 2018 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 32.5 million (approx. USD 38 million) an...
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Updated: 23 Jul 2018
State loan
In force
The loan agreement between the European Investment Bank (EIB) and Velatia Group was signed on 23 July 2018 and has a total value of EUR 32.5 million (approx. USD 38 million).
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