Announcement
08 Nov 2017
In November 2017, the European Investment Bank (EIB) signed a loan agreement with the Volvo Car Corporation to support its development of safety systems, fuel-efficient powertrains and telematics as well as related vehicle technology. 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
08 Nov 2017
Revocation date:
No revocation date
Updated: 08 Nov 2017
State loan
In force
The EIB's loan to Volvo Car Corporation signed on 8 November 2017 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 245 million (approx. USD...
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Updated: 08 Nov 2017
State loan
In force
On 8 November 2017, the European Investment Bank (EIB) and Volvo Car Corporation signed a loan agreement having a total value of EUR 245 million (approx. USD 284 million). The l...
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