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Europe Daily Bulletin No. 8700

6 May 2004
Contents Publication in full By article 28 / 37
GENERAL NEWS / (eu) eu/eib
EUR 106 million loan for projects in Upper Austria

Luxembourg, 05/05/2004 (Agence Europe) - The EIB will be providing loans of EUR 106 million in total for projects in Upper Austria. EUR 50 million for R&D and product innovation, voestalpine AG. The loan supports R&D in the voestalpine group to meet the demand for high quality steel products and components and to further optimise metallurgical, welding and steel-forming processes as well as R&D activities in the areas of the automotive industry.

The project also covers capital investments...

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