Global Trade Alert
Global Trade Alert

Finland: EIB signs loan agreement to support Karl Fazer's construction of a xylitol production facility and R&D activities concerning its bakery and confectionary

Announcement

07 Nov 2019

In November 2019, the European Investment Bank (EIB) signed a loan agreement with Oy Karl Fazer Ab to support the construction of a xylitol production facility as well as research and development activities concerning its bakery, confectionary and lifestyle foods business.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Nov 2019

Revocation date:

No revocation date

Updated: 07 Nov 2019
State loan In force
On 7 November 2019, the European Investment Bank (EIB) signed a loan agreement with Oy Karl Fazer Ab having a total value of EUR 40 million (approx. USD 44.2 million). The loan will support the compan...
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