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Europe Daily Bulletin No. 8845

10 December 2004
Contents Publication in full By article 38 / 42
GENERAL NEWS / (eu) eu/eib
EUR 224.7 million research and development loan for Volvo in Sweden

Luxembourg, 09/12/2004 (Agence Europe) - On 6 December the EIB granted a loan of 2 billion SEK (EUR 224.7 million) to AB Volvo Group to support research, development and innovative downstream investments in Göteborg. AB Volvo is one of the world's leading manufacturers of heavy commercial vehicles and diesel engines. The project involves R&D for core drive train components (engines, transmissions, axles) including fuel consumption and emission characteristics of diesel engines enabling...

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