It follows a €a hundred twenty five million loan that the EIB had granted to Umicore in 2020 to help finance Europe’s initially creation facility for cathode active elements for electric powered cars in Poland.
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Around fifty percent on the EIB's financing inside of the European Union is directed to cohesion locations, where by for every capita profits is decreased. This underscores the Financial institution's dedication to fostering inclusive development as well as the convergence of living standards.
The European Financial commitment Lender (EIB) and Deutsche Leasing have announced a venture made to assistance compact organization and mid-cap leases for a complete undertaking price of €560 million, with a complete of €two hundred million of EIB funding accepted.
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Umicore’s overriding purpose more info of sustainable price creation relies on an ambition to acquire, deliver and recycle materials in a method that fulfils its mission: products for a better lifestyle.