Global Trade Alert
Global Trade Alert

Belgium, Sweden, Italy, France, Germany: EIB and Vandewielle NV sign EUR 100 million RDI loan

Announcement

21 Dec 2020

In December 2020, the European Investment Bank (EIB) and Vandewiele NV signed a EUR 100 million loan (approx. USD 122.4 million) to support the company’s research, development and innovation (RDI) programme focusing on digitally integrated textile manufacturing.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Dec 2020

Revocation date:

No revocation date

Updated: 21 Dec 2020
State loan In force
The EIB's loan to Vandewiele NV, signed on 21 December 2020, was backed by the European Fund for Strategic Investment (EFSI). As such, it provides for first-loss guarantees backed up by the EU budget....
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Updated: 21 Dec 2020
State loan In force
On 21 December 2020, the European Investment Bank (EIB) and Vandewiele NV signed a EUR 100 million (approx. USD 122.4 million) loan to support the company’s research, development and innovation (RDI) ...
Sign in to see more

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