Radar > 228147

Cofides co-finances the set up of Fundería Condal's production in Slovakia

Cofides financia parcialmente la implantación productiva de Fundería Condals en Eslovaquia

Intel ID : 228147
Synopsis

Spain-based foundry Fundería Condals will receive financial support from Cofides to set up its production in Sturovo, Slovakia, announced Cofides in a press release issued on 12 August, 2015.

Specifically, Cofides will grant a co-investment loan for EUR 4m. The fund for foreign investment operations of small and medium enterprises (FONPYME) will cover 75% of the loan and Cofides will cover the remaining 25% with its own resources. Fundería Condals’ total investment will be EUR 28m.
(content in spanish)

La empresa española Fundería Condals, especializada en el sector de la fundición, contará con el apoyo financiero de Cofides para llevar a cabo su implantación productiva en la ciudad eslovaca de Stúrovo, según ha comunicado Cofides en una nota de prensa del 12 de agosto de 2015.

En concreto Cofides concederá un préstamo de coinversión por importe de EUR 4m, con cargo al Fondo para Operaciones de Inversión en el Exterior de la Pequeña y Mediana Empresa (FONPYME) en un 75%, y a los recursos propios de la propia Cofides en un 25%. La inversión total que realizará la empresa para llevar a cabo la implantación productiva es de EUR 28m.

Financing Bank


Intel ID 228147
Value EUR 4,00m
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Industry / Steel, Metallurgy and Industrial Production (Primary)
Primary Sector (TTRSC)
55.05.04 Iron & Steel Mining & Refining
55 Raw Materials & Natural Resources / 55.05 Metal & Mineral Resources

Country
Website
Description

Financing Bank

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.