Global Trade Alert
Global Trade Alert

Germany: EIB signs loan agreement to support Salzgitter's investments related to its steel, iron and beverage filling and packaging machinery businesses

Announcement

28 Nov 2019

In November 2019, the European Investment Bank (EIB) signed a loan agreement with Salzgitter AG to support its research, development and innovation activities as well as digital transformation investments related to its steel, iron and beverage filling and packaging machinery manufacturing. 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

28 Nov 2019

Revocation date:

No revocation date

Updated: 28 Nov 2019
State loan In force

The EIB's loan to Salzgitter AG signed on 28 November 2019 was issued under the European Fund for Strategic Investment (EFSI). The loan has a total value of EUR 150 million (approx. USD 1...

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Updated: 28 Nov 2019
State loan In force

On 28 November 2019, the European Investment Bank (EIB) and Salzgitter AG signed a loan agreement having a total value of EUR 150 million (approx. USD 165.2 million). The loan will s...

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