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

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

26 Jan 2021

Revocation date:

No revocation date

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...

Related State Acts

15 Nov 2016

Italy: Export loan guarantee for Eldor Corporation

13 Apr 2020

Italy: Introduction of temporary state guarantee scheme to support Italian companies (COVID-19)

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