Global Trade Alert
Global Trade Alert

Sweden: EIB grants investment support for Cimco's development of more fuel-efficient marine offboard diesel engines

Announcement

05 Jul 2019

In July 2019, the European Investment Bank (EIB) signed a loan agreement with Cimco Marine AB to support its development of more fuel-efficient marine offboard diesel engines. 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

05 Jul 2019

Revocation date:

No revocation date

Updated: 05 Jul 2019
State loan In force

The EIB's loan to Cimco Marine AB signed on 5 July 2019 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 14 million (approx. USD 15.7 million) a...

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Updated: 05 Jul 2019
State loan In force

On 5 July 2019, the European Investment Bank (EIB) and the Swedish diesel engine producer Cimco Marine AB signed a loan agreement having a total value of EUR 14 million (approx. USD ...

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