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Sweden: Govt to guarantee EIB loan for Volvo Cars

The government of Sweden will guarantee an SEK 3.55bn (US$521m) loan for Volvo Cars, from the European Investment Bank (EIB). According to Sweden's Industry minister Maud Olofsson, this loan will create suitable conditions for Volvo's operations and jobs in Sweden. As per the EIB's rules, Volvo will need to use these Subscribe to Automotive World … Continued

The government of Sweden will guarantee an SEK 3.55bn (US$521m) loan for Volvo Cars, from the European Investment Bank (EIB). According to Sweden's Industry minister Maud Olofsson, this loan will create suitable conditions for Volvo's operations and jobs in Sweden.

As per the EIB's rules, Volvo will need to use these

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https://www.automotiveworld.com/articles/85242-sweden-govt-to-guarantee-eib-loan-for-volvo-cars/

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