Global Trade Alert
Global Trade Alert

Germany: EIB provides financing for 'Schaeffler Motion R&D Investments'

Announcement

21 Dec 2023

On 21 December 2023, the EIB provided financing worth EUR 420 million (USD 458 million).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Dec 2023

Revocation date:

No revocation date

Updated: 21 Dec 2023
State loan In force

On 21 December 2023, the European Investment Bank (EIB) and Schaeffler AG signed an agreement worth EUR 420 million (approx. USD 458 million) for the project 'Schaeffler Motion R&D Investments' fro...

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