Global Trade Alert
Global Trade Alert

France and Italy: EIB and STMicroelectronics sign EUR 500 million loan for semiconductor development

Announcement

14 Feb 2020

In February 2020, the European Investment Bank (EIB) and STMicroelectronics (STM) signed a EUR 500 million (approx. USD 541.5 million) loan to support the company’s research, development, and innovation activities related to semiconductor technologies in France and Italy. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

14 Feb 2020

Revocation date:

No revocation date

State loan In force

On 14 February 2020, the European Investment Bank (EIB) and STMicroelectronics (STM) signed a EUR 500 million (approx. USD 541.5 million) loan to finance the company’s research, development, and innov...

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