Announcement
16 Feb 2024
In February 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 118.8 million (USD 23.9 million) loan with WEG Group.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
16 Feb 2024
Revocation date:
No revocation date
State loan
In force
On 16 February 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 118.8 million (USD 23.9 million) loan with WEG Group. The loan will finance th...
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Local content incentive
In force
The BNDES More Innovation credit line is subject to local content incentives. As such, so is the BRL 118.8 million (USD 23.9 million) loan to WEG Group, granted on 16 February 2024 by the National Ban...
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