ANNOUNCEMENT 22 May 2018

In May 2018, the European Investment Bank (EIB) signed a loan agreement with Marposs S.p.A. to support its project concerning product research and development of precision equipment and related technologies.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

The European Investment Bank, Financed Projects, MARPOSS MEASUREMENT SYSTEMS RDI: http://www.eib.org/en/projects/loan/loan/20170659
The European Investment Bank, Project summary, Project No. 20170659, MARPOSS MEASUREMENT SYSTEMS RDI: http://www.eib.org/en/projects/pipelines/pipeline/20170659
Marposs S.p.A., Marposs is worldwide leader in precision equipment for measurement and control in the production environment: https://www.marposs.com/eng/

Inception date: 22 May 2018 | Removal date: open ended
Still in force

State loan

The loan agreement between the European Investment Bank (EIB) and Marposs S.p.A. was signed on 22 May 2018 and has a total value of EUR 37 million (approx. USD 43.6 million). The loan is approved under the Italian Risk-Sharing Initiative for RDI, see related state act.

The loan will support the company's project concerning research and development of flexible measurement technologies, certain software, measurement equipment for electro-mobility and cyber-physical systems for machine tools. Additionally, the project also covers the installation of "advanced manufacturing technology" for the company's workshop. The project will be carried out between 2018 and 2020. 

According to the EIB: "The project aims at expanding in segments the product portfolio already offered by the company, diversifying the range of products to target new applications for the automotive sector as well as promising new applications outside of that sector."

Marposs S.p.A. provides precision equipment for measurement and control for various industries worldwide. The company is located in 32 countries around the world and has its headquarters in Italy.

A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the investment support granted here is discriminatory. 

AFFECTED SECTORS