EIB POLAND LORRY FACTORY LOAN
January 1st, 2005
BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) is planning to lend truck and lorry manufacturer MAN Nutzfahrzeuge AG up to Euro 110 million to construct an assembly plant in Poland. The loan would cover half of the cost of building the factory, on a greenfield site near Cracow, which will produce 15,000 vehicles annually.
ENDS
THE EUROPEAN Investment Bank (EIB) is planning to lend truck and lorry manufacturer MAN Nutzfahrzeuge AG up to Euro 110 million to construct an assembly plant in Poland. The loan would cover half of the cost of building the factory, on a greenfield site near Cracow, which will produce 15,000 vehicles annually.
ENDS
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