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ALESA — Ecoslops SA News Story

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Brief: French company Ecoslops gets up to 18 mln euros in funding from European Investment Bank

Feb 11 (Reuters) - Ecoslops SA  ALESA.PA :
    
    * Ecoslops announces the agreement of the EIB for a
financing of a maximum of 18 million euros ($20.4 million).
    * Financing will be used for both Marseille and Antwerp
projects as well as for corporate R&D needs, up to 50% of the
investment amount, in addition to traditional bank financing
    ($1 = 0.8833 euros)

 ((sudip.kargupta@thomsonreuters.com;))

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