Global Trade Alert
Global Trade Alert

Italy: SACE provides a loan guarantee to support Eldor Corporation’s working capital, investments and R&D activities

Announcement

26 Jan 2021

In January 2021, the Italian Eximbank SACE announced approving a loan guarantee (Garanzia Italia) to support the working capital, investments and R&D activities of Eldor Corporation SpA, an Italian group in the electric automotive sector.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Jan 2021

Revocation date:

No revocation date

Announced: 26 Jan 2021
Loan guarantee In force
On 26 January 2021, the Italian Eximbank SACE announced providing a loan guarantee for a EUR 55 million loan (approx. USD 66.9 million) to Eldor Corporation SpA, an Italian firm in the automotive sect...
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