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Europe Daily Bulletin No. 8004

12 July 2001
Contents Publication in full By article 26 / 43
GENERAL NEWS / (eu) eu/eib
200 million euro loan for the French group PSA PEUGEOT CITROEN and FIAT

Brussels, 11/07/2001 (Agence Europe) - The European Investment Bank (EIB) announced on Tuesday that it was lending 200 million euro to SEVELNORD S.A. for the development of a new generation of multipurpose vehicles at Valenciennes-Hordain (Nord-Pas de Calais). SEVELNORD - Societe Europeenne de Vehicules Legers du Nord, founded in 1989, is a jointly-owned subsidiary of the PSA PEUGEOT CITROEN and FIAT groups. The project being financed, which will be fully operational by 2002, centres on...

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