Global Trade Alert
Global Trade Alert

Finland and Italy: EIB grants investment support for KONE's R&D investments concerning elevators and escalators

Announcement

17 Jun 2019

In June 2019, the European Investment Bank (EIB) signed a loan agreement with KONE Oyj to support its research and development investments related to the production of elevators, escalators and other People Flow Intelligence goods.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Jun 2019

Revocation date:

No revocation date

Updated: 17 Jun 2019
State loan In force

On 17 June 2019, the European Investment Bank (EIB) and KONE Oyj signed a loan agreement having a total value of EUR 200 million (approx. USD 224.5 million). The loan will suppo...

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