Renault – loan of 400 million

Published on 07/05/2009 à 19:34

Pierre Tassel

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The European Investment Bank (EIB) has approved loans worth
of 3 billion euros intended to help the automotive sector in its transition
towards cleaner and more fuel-efficient technologies.
To Renault, this represents a loan of 400 million euros.
This loan will make it possible to maintain strategic investments in a context
credit crisis and sudden drop in automobile markets (decline of 21,1%
cumulative sales worldwide since the beginning of the year).

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