Global Trade Alert
Global Trade Alert

France and Portugal: EIB grants investment support for Mécachrome Group's manufacturing activities

Announcement

28 Jul 2017

In July 2017, the European Investment Bank (EIB) signed a loan agreement with Mécachrome Group to support its manufacturing activities concerning materials and components for aircraft engines in Portugal and France. 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

28 Jul 2017

Revocation date:

No revocation date

Updated: 28 Jul 2017
State loan In force

The EIB's loan to Mécachrome Group signed on 28 July 2017 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 40 million (approx. USD 47 mil...

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Updated: 28 Jul 2017
State loan In force

On 28 July 2017, the European Investment Bank (EIB) and Mécachrome Group signed a loan agreement having a total value of EUR 40 million (approx. USD 47 million). 

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