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Portugal: EIB and BPI to provide €190 million in financing for companies
The European Investment Bank (EIB) and Banco BPI have signed an agreement to create a new credit portfolio of up to €190 million in financing for mid-caps in Portugal, with better credit conditions. This funding will be used for productive investments in strategic sectors. The new loans are also expected to benefit companies operating in priority cohesion regions of Portugal, directly contributing to promote regional development and economic convergence in Portugal.
Portugal signs concession and first tranche of financing for new Lisbon-Porto high-speed line
The construction of the high-speed line Lisbon-Porto takes a decisive step with the signing of the concession and financing of the first section connecting Porto–Oiã. The signings have been announced in a joint ceremony held today at the headquarters of Infraestruturas de Portugal (IP), the public entity responsible for managing the Portuguese rail network.
Luxembourg: EIB backs Artec 3D’s cutting-edge RDI in 3D scanning technologies
The European Investment Bank and Luxembourg-based 3D scanning developer Artec 3D enter into a long-term partnership with €15 million committed to R&D support over the first three years. The EIB’s venture debt will enable Artec 3D to advance its next-generation 3D scanning technologies and algorithms for processing 3D data, thus supporting critical European technology and innovation. The investments that Artec 3D will pursue into new product and software development activities will also feature the use of AI. The R&D will take place primarily in Luxembourg and partially in Portugal. The EIB financing is supported by the European Commission’s InvestEU programme.