ANNOUNCEMENT 02 Dec 2014

On 02 December 2014, the EIB provided financing worth EUR 90 million (USD 111 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 02 Dec 2014 | Removal date: open ended

State loan

On 02 December 2014, the European Investment Bank (EIB) and Ringkjoebing Landbobank a/s signed an agreement worth EUR 90 million (approx. USD 111 million) for the project Rl Loan for SMEs Iv from Denmark.

According to the project description issued by the EIB, Loan for SMEs for the financing of small and medium-sized enterprises in Denmark and other EU countries..

The objective of the project is defined as following: The financing supports projects undertaken by SMEs mainly located in Jutland and operating in a variety of industry and service sectors, such as renewable wind energy and fisheries. The loan contributes therefore to an increase in productivity and competitiveness of the final beneficiaries as well as to a more rational use of energy and diversification of energy resources..

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

 

AFFECTED PRODUCTS