|
contents | business | |||||||||
| EIB provides total of EUR 80m to Zumtobel Group  The European Investment Bank (EIB) is providing the Austrian lighting company Zumtobel Group with the second EUR 40m tranche of an EUR 80m financing programme to strengthen its research and development activities. The EIB loan is backed by a guarantee from the European Fund for Strategic Investments (EFSI). EFSI is an essential pillar of the Investment Plan for Europe – also known as the Juncker Plan – under which the EIB and the European Commission are working together as strategic partners and the EIB's financing operations are boosting the competitiveness of the European economy.The Zumtobel Group is an international lighting group and a leading supplier of innovative lighting solutions, lighting components and associated services. It is one of the European market leaders for professional lighting systems and components. write your comments about the article :: © 2019 Construction News :: home page |