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News Fives receives government loan

Fives receives government loan

Written by Global Cement staff 15 July 2020
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France: The government has given a 90% guarantee for a Euro200m loan taken by process technologies and automation specialist Fives from six banks. The company said that the loan, “allows Fives to secure its required liquidity in a time when the Covid-19 crisis has slowed down the business activity in many of its markets. It will also contribute to finance the group’s technological and commercial developments to prepare the future and confirm its positioning as a key player in the industry of the future.”

Last modified on 15 July 2020
Published in Global Cement News
Tagged under
  • France
  • Fives
  • Government
  • Loan
  • coronavirus
  • GCW464

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