Announcement
24 Jul 2018
In July 2018, the European Investment Bank (EIB) signed a loan agreement with CIE Automotive to support its research and development of light vehicle automotive components in Europe and "convergence regions". The loan is guaranteed by the European Fund for Strategic Investments (EFSI).
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 Jul 2018
Revocation date:
11 Sep 2020
Updated: 24 Jul 2018
State loan
The EIB's loan to CIE Automotive signed on 24 July 2018 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 80 million (approx. USD 93.5 million) a...
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Updated: 24 Jul 2018
State loan
The loan agreement between the European Investment Bank (EIB) and CIE Automotive was signed on 24 July 2018 and has a total value of EUR 80 million (approx. USD 93.5 million).
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