EIB / Aperam financing contract

Aperam and the European Investment Bank (EIB) has recently declared the signature of a financing contract of an amount of EUR 50M for the purpose of financing a research and development programme over the period 2016-2019 as well as the upgrade of two plants located in Isbergues – Nord-Pas-de-Calais and Châtelet-Hainaut. The signing took place at Aperam facilities in Isbergues, France in the presence of Emmanuel Macron, France’s Minister of the Economy, Industry and the Digital Sector and of Ambroise Fayolle, Vice-President of the EIB.

 

EIB Vice-President Ambroise Fayolle said: “It represents a significant funding which is part of the investment plan for Europe. The EIB is very proud to finance a leader of the European stainless steel industry which successfully adapted to the challenging market conditions. This signature symbolises the strong EIB commitment to supporting the development of innovative and high added-value projects in Europe while improving environmental footprint. Innovation is driving the international competitiveness of companies and employment. That is why we offer financial products tailored to develop the technical and industrial excellence of these companies.â€?

Previous articleSlide added to ArcelorMittal Orbit
Next articleThyssenkrupp’s strengthens presence in Europe
Stainless Steel World Publisher
Stainless Steel World is part of The KCI Media Group, a group of companies focused on building and sustaining global communities in the flow control industries. We publish news on a daily basis and connect business-to-business professionals through our online communities, publications, conferences and exhibitions.