Announcement
23 Dec 2021
On 23 December 2021, the EIB provided financing worth EUR 40 million (USD 45 million) to support Spanish chemicals company Ercros SA's investments in the areas of research and development (R&D), digitalisation, decarbonisation and modernisation of production.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
23 Dec 2021
Revocation date:
No revocation date
Updated: 23 Dec 2021
Loan guarantee
In force
The EIB's EUR 40 million (approx. USD 45 million) loan to Ercros Sa signed on 23 December 2021 was backed by a guarantee from the European Fund for Strategic Investments (EFSI).
The EFSI is...
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Updated: 23 Dec 2021
State loan
In force
On 23 December 2021, the European Investment Bank (EIB) and Spanish chemicals company Ercros Sa signed an agreement worth EUR 40 million (approx. USD 45 million) to support the company's investment...
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