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EIB and ProCredit unlock €65 million to speed the recovery of small and medium sized companies in the Western Balkans from the COVID-19 crisis
The EIB and the ProCredit group have agreed on a new €65 million credit line to support small and medium enterprises (SMEs) in the Western Balkans and to speed their recovery from the COVID-19 crisis. This transaction provides much-needed financing to companies in Serbia, Albania, North Macedonia and Bosnia & Herzegovina and addresses their working capital,…
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€10 million to develop next-generation industrial monitoring solution
The EIB will provide a €10 million financing to support the R&D strategy of the Spanish scale-up Worldsensing, a widely recognised Internet of Things (IoT) pioneer that focuses on designing IoT solutions for monitoring sensors and operates in more than 60 countries. The EIB long-term and advantageous financing of Worldsensing will support the company’s innovation efforts…
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Poland: EIB provides additional support to chemical company PCC Rokita
The Bank will increase the financing provided at the beginning of last year to €67.5 million. The funds will support the company’s modernisation plans and the construction of the Process Innovation and Scaling Centre. Both loan agreements are backed by an EFSI guarantee under the Investment Plan for Europe
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Spain: EIB provides €20 million in financing to Sanifit
Spain: Biotech innovation – the EIB provides €20 million in financing to Sanifit to develop treatments for vascular calcification The EU bank will support Palma-based Sanifit in its work to develop cutting-edge solutions in biomedical research. The venture debt operation is supported by the Investment Plan for Europe. The European Investment Bank (EIB) is set…