Global Trade Alert
Global Trade Alert

Austria and Germany: EIB signs loan agreement to support Ottobock's 2019-2022 R&D programme in the area of orthopaedics

Announcement

30 Oct 2019

In October 2019, the European Investment Bank (EIB) signed a loan agreement with Ottobock SE & Co. KGaA (Ottobock) to support the company's 2019-2022 research and development programme in the area of orthopaedics. 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

30 Oct 2019

Revocation date:

No revocation date

Updated: 30 Oct 2019
State loan In force

The EIB's loan to Ottobock signed on 30 October 2019 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 100 million (approx. USD 11...

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Updated: 30 Oct 2019
State loan In force

On 30 October 2019, the European Investment Bank (EIB) signed a loan agreement with Ottobock SE & Co. KGaA (Ottobock) having a total value of EUR 100 million (approx. USD&nb...

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