EIB AUSTRIA LOAN
March 1st, 2003
BY KEITH NUTHALLTHE EUROPEAN Investment Bank (EIB) has drawn up plans to lend around Euro 130 million to Austrian speciality steel company Böhler-Uddeholm AG. The money would help fund an investment programme aimed at expanding and modernising production lines for special high grade steels at its Austrian and Swedish plants. The money would help cover all necessary research and development costs supporting advanced processes and product innovation. A bank memorandum said that the low interest loan would be part of a Euro 300 million investment programme. This, ...
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