Global Trade Alert
Global Trade Alert

Brazil: BNDES provides a loan to Althaia SA Indústria Farmacêutica to finance the construction of a new research centre

Announcement

15 Feb 2024

In February 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 70 million (USD 14.1 million) loan with Althaia SA Indústria Farmacêutica.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

15 Feb 2024

Revocation date:

No revocation date

State loan In force

On 15 February 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 70 million (USD 14.1 million) loan with Althaia SA Indústria Farmacêutica. The...

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Local content incentive In force

The BNDES More Innovation credit line is subject to local value-content incentives. As such, so is the BRL 70 million (USD 14.1 million) loan to Althaia SA Indústria Farmacêutica, granted on 15 Februa...

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