Global Trade Alert
Global Trade Alert

Hungary: EIB grants investment support for ALMOTIVE's activities related to self-driving solutions

Announcement

14 Dec 2018

In December 2018, the European Investment Bank (EIB) signed a loan agreement with ALMOTIVE KFT to support its engineering, research and development activities related to self-driving technologies and solutions.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Dec 2018

Revocation date:

No revocation date

Updated: 14 Dec 2018
State loan In force

On 14 December 2018, the European Investment Bank (EIB) and ALMOTIVE KFT signed a loan agreement having a total value of EUR 20 million (approx. USD 22.6 million). 

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