Tag Archives: aeronautics industry

Banque Populaire Alsace Lorraine Champagne and EIB Launch First Defence Sector Financing in France with €1 Million Loan to CIMULEC Groupe

(IN BRIEF) Banque Populaire Alsace Lorraine Champagne has provided a €1 million loan to CIMULEC Groupe, marking the first financing operation in France under a €300 million European Investment Bank-backed programme designed to support SMEs in the defence sector through … Read the full press release

Safran’s New €108 Million Factory in Belgium to Revolutionize Compressor Blade Production for Aircraft Engines

(IN BRIEF) Safran Blades has opened a new state-of-the-art facility in Marchin, Belgium, designed to produce titanium compressor blades for aircraft engines. This €108 million investment strengthens Safran Aero Boosters’ position in the aeronautics sector, with the plant expected to … Read the full press release