Global Trade Alert
Global Trade Alert

Belgium and France: EIB grants investment support for Aperam S.A.'s stainless steel manufacturing activities

Announcement

14 Feb 2019

In February 2019, the European Investment Bank (EIB) signed a loan agreement with Aperam S.A. to support its investments in a "stainless steel advanced manufacturing cold rolling mill", finishing equipment and the modernisation of two stainless steel plants. The investment activities are to be carried out in France and Belgium between 2018 and 2021.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Feb 2019

Revocation date:

30 Sep 2020

Updated: 14 Feb 2019
State loan

The loan agreement between the European Investment Bank (EIB) and Aperam S.A. was signed on 14 February 2019 and has a total value of EUR 100 million (approx. USD 112.8 million).

The loan w...

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