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EIB Group increases investment in Austria for growth, innovation and climate action by nearly a third
The European Investment Bank Group (EIB Group) can look back on a successful year 2024 in Austria. With a total lending volume of nearly €1.7 billion, it granted around 30% more loans than in the previous year. Funding applications were submitted to the EIB by public and private sector firms, primarily for energy projects that reduce CO2 emissions and promote the transition to renewable energy.
NXP secures €1 billion EIB loan to advance semiconductor innovation in Europe
NXP Semiconductors N.V. (NASDAQ: NXPI) today announced that it has secured a €1 billion loan from the European Investment Bank (EIB) to advance the company’s RDI investments across its broad portfolio of semiconductor solutions. The €1 billion loan facility carries an approximate interest rate of 4.75 percent when drawn in dollar denominated tranches, under the current market conditions and has a duration of six years. The financing will support NXP’s research and development efforts in several EU Member States, implemented in its facilities in Austria, France, Germany, the Netherlands and Romania for the period up to 2026.
Austria: EIB supports Zumtobel Group in the development of innovative lighting solutions
The European Investment Bank (EIB) has granted a €50 million loan to the Zumtobel Group to boost its research and development of innovative lighting solutions. The funding will support R&D projects in the lighting group’s EU locations that are planned for the next three financial years, with a total budget of €191 million.