Announcement
12 Dec 2018
In December 2018, the European Investment Bank (EIB) signed a loan agreement with TMG Automotive to support its installation of an automotive textile plant in Portugal. 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
12 Dec 2018
Revocation date:
No revocation date
Updated: 12 Dec 2018
Loan guarantee
In force
The EIB's loan to TMG Automotive signed on 12 December 2018 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 25 million (approx. ...
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Updated: 12 Dec 2018
State loan
In force
The loan agreement between the European Investment Bank (EIB) and TMG Automotive was signed on 12 December 2018 and has a total value of EUR 25 million (approx. USD 31.6 million).
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