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© vladek-dreamstime.com PCB | May 02, 2012

AT&S takes loan to expand in China

Austria Technologie & Systemtechnik AG has secured long-term financing for the construction of a new site in Chongqing, China.
Financing will be provided by Oesterreichische Kontrollbank AG (OeKB) under the terms of a 69 million euro loan.

Financing costs for the loan have not been disclosed. The loan will be repaid in 12 half-yearly instalments, starting in September 2014.
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January 11 2019 8:28 pm V11.10.27-2