Volvo to get €396.9m loan

Stockholm: Volvo, the Swedish carmaker owned by Zhejiang Geely Holding Group, will get a 3.55- billion krona (€396.9m) loan from the European Investment Bank, the Swedish government said.

Volvo to get €396.9m loan
Thu, 23 Dec, 2010 - 00:00

Sweden will guarantee the loan from the EIB, the European Union’s lending arm, Industry Minister Maud Olofsson said.

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CourtsPlace: StockholmPerson: Industry MinisterPerson: Maud OlofssonOrganisation: VolvoOrganisation: Zhejiang Geely Holding GroupOrganisation: European Investment BankOrganisation: Swedish governmentOrganisation: SwedenOrganisation: EIBOrganisation: European Union
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