Published by Global Banking & Finance Review®
Posted on December 11, 2025
1 min readLast updated: January 20, 2026
Add as preferred source on GoogleSTMicroelectronics has secured a €1 billion credit line from the EIB to enhance chip manufacturing and R&D in Italy and France.
Dec 11 (Reuters) - Chipmaker STMicroelectronics said on Thursday it had established a 1 billion euro ($1.2 billion) credit line with the European Investment Bank (EIB).
The first 500-million-euro slice will be used to support research and development and high-volume chip manufacturing in Italy and France, the company said in a statement.
"About 60% of the agreement is focused on high-volume manufacturing capabilities, including the key sites of Catania, Agrate and Crolles, while the remaining 40% is focused on R&D," the Franco-Italian group said.
This is the ninth financing agreement between the EIB and STMicroelectronics, totalling 4.2 billion euros since 1994.
($1 = 0.8555 euros)
(Reporting by Nathan Vifflin in Gdansk, editing by Milla Nissi-Prussak)
A credit line is a preset amount of money that a borrower can access from a lender, allowing them to withdraw funds as needed up to a certain limit.
Research and development (R&D) refers to activities companies undertake to innovate and introduce new products or services, often involving scientific and technical research.
High-volume manufacturing is the production of large quantities of products, typically using automated processes to achieve efficiency and cost-effectiveness.
The European Investment Bank (EIB) is the lending arm of the European Union, providing finance and expertise for sustainable investment projects that contribute to EU policy objectives.
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