EIB – AUSTRIA
January 1st, 2004
BY KEITH NUTHALLTHE EUROPEAN Investment Bank (EIB) has agreed to lend Euro 60 million to Austria's Böhler-Uddeholm Group to finance the modernisation and extension of production, plus researching and developing the metallurgy of special, high grades steels. This work will be carried out at the company's production centres in Sweden as well as Austria, in underdeveloped regions qualifying for European Union (EU) development assistance, safeguarding 4,500 direct manufacturing jobs. Böhler-Uddeholm is a world leader in tool steels and a high-speed steel specialist ...
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