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Europe Daily Bulletin No. 9947

24 July 2009
Contents Publication in full By article 33 / 35
GENERAL NEWS / (eu) eu/eib
Loan to French automotive supplier Valeo

Brussels, 23/07/2009 (Agence Europe) - On Wednesday 22 July, the European Investment Bank (EIB) decided to grant financing of up to €300 million to Valeo, automotive supplier, for its current research projects aiming to reduce fuel consumption and CO2 emissions of cars, and improve active safety. The total research investment of Valeo for these projects is €645 million over four years and the EIB loan will come with competitive terms in two instalments, the first one of €225 million to...

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