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Germany: Ford of Europe secures EIB loans

Ford of Europe has secured loans of €600m (US$848.4m) from the European Investment Bank (EIB) to expand its car assembly plant in Craiova, Romania, and to boost research and development in Germany, according to an Automotive News Europe (ANE) report. The EIB will provide €400m to help finance investments to start It’s time to log … Continued

Ford of Europe has secured loans of €600m (US$848.4m) from the European Investment Bank (EIB) to expand its car assembly plant in Craiova, Romania, and to boost research and development in Germany, according to an Automotive News Europe (ANE) report.

The EIB will provide €400m to help finance investments to start

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