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Europe Daily Bulletin No. 8991

15 July 2005
Contents Publication in full By article 29 / 31
GENERAL NEWS / (eu) eu/eib
125 million EUR loan for the construction of the steelplant of UGINE & ALZ in Charleroi

Luxembourg, 14/07/2005 (Agence Europe) - The European Investment Bank (EIB) granted the Arcelor Group 125 million EUR financing for the construction of Carinox, the UGINE & ALZ steelplant in Charleroi (Belgium). This new facility, which will have a 1 million tonne production capacity and will contribute to the economic development of the Hainaut province, an Objective 1 region in Belgium, characterised by low levels of industrial investment and a relatively high rate of unemployment. The...

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