Swedish bearings maker SKF secures $450 mln loan for green R&D from EIB

SKF AB

22/11/2024 10:06

STOCKHOLM, Nov 21 (Reuters) - Swedish bearings maker SKF
 SKFb.ST  said on Friday it has secured a loan of 430 million
euros ($450.86 million) from the European Investment Bank for
research and development into technologies particularly for the
green transition.
($1 = 0.9537 euros)

 (Reporting by Simon Johnson, writing by Louise Rasmussen,
editing by Terje Solsvik)
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