Global Trade Alert
Global Trade Alert

France: EIB signs loan agreement to partially fund Invivo's digital agricultural platform

Announcement

20 Dec 2019

In December 2019, the European Investment Bank (EIB) signed a loan agreement with Invivo Group for financing investments in research and development of new software technologies for agriculture in France. 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

20 Dec 2019

Revocation date:

No revocation date

Updated: 20 Dec 2019
Loan guarantee In force

The EIB's approved financing to Invivo's digital agricultural platform signed on 20 December 2019 was issued under the European Fund for Strategic Investment (EFSI). The investment loan has a ...

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Updated: 20 Dec 2019
State loan In force

On 20 December 2019, the European Investment Bank (EIB) and Invivo Group signed an EFSI loan agreement for a total value of EUR 37.5 million (approx. USD 41.5 million). The loan was signe...

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