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Thursday, 21 December 2017

EU Commission: Netherlands: EIB and BNG Bank finance modernisation and sustainability investment at VU university cam...

Netherlands: EIB and BNG Bank finance modernisation and sustainability investment at VU university campus in Amsterdam

VU Amsterdam, BNG Bank and the European Investment Bank (EIB) signed a loan agreement today. The financing of EUR 140, equally split between EIB and BNG,  million will be used for the construction of a multifunctional research building as well as for sustainability improvements in the campus' energy supply. The project is also being supported by the European Commission under the InnovFin Science initiative in the framework of Horizon 2020.

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Germany: Investment Plan for Europe: EIB grants financing to pharmaceutical company AMW

The European Investment Bank (EIB) will provide financing of EUR 25m to AMW GmbH (AMW), a German pharmaceutical company specialised in the development and manufacturing of innovative drug delivery systems. The financing will support AMW in Warngau, Bavaria, and its subsidiary Endomedica in Halle, Saxony-Anhalt, enabling them to increase R&D activities, conduct clinical trials and expand production capacity. This will be achieved with a new building located at the head office in Warngau to house research, development and production facilities complimented by purpose-built manufacturing technology and state-of-the-art laboratory equipment.

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End of year message from EMA's Executive Director

Thoughts on 2017 and challenges for 2018

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State aid: Commission concludes in-depth investigation on support to Italy's largest steelmaker ILVA S.p.A. in A.S. and orders recovery on two measures that involved illegal State aid

European Commission - Press release Brussels, 21 December 2017 The European Commission has completed its in-depth investigation of support measures to steelmaker ILVA S.p.A. It has concluded that two loans granted by Italy in 2015 to support ILVA involved illegal State aid.

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Mergers: Commission clears the merger of aerospace equipment suppliers Safran and Zodiac

European Commission - Press release Brussels, 21 December 2017 The European Commission has approved unconditionally under the EU Merger Regulation the proposed acquisition of Zodiac Aerospace by Safran, both global suppliers of aerospace equipment. The Commission concluded that the transaction would raise no competition concerns in the relevant markets.

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