EIB lends EUR 100 million to Prysmian Group for research and development in Europe

摘要

The European Investment Bank (EIB) and Prysmian Group announced the signature of a EUR 100 million loan in support of research and development (R&D) programs in Europe over the period 2013-2016 by the world leader in cables and systems for energy and telecommunications. The loan represents around 50% of the group's planned investment in Europe over that period. The Prysmian Group's global budget for R&D over the four-year period is around EUR 300 million.