EIB Provides €75M TechEU Loan to AMAG for Digital and Green Upgrades

Published: Feb 28, 2026 17:22

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The European Investment Bank has provided a loan of 75 million euros to the Austrian aluminum enterprise AMAG Austria Metall AG.
This financing represents the first loan issued by the European Investment Bank (EIB) in Austria under the European Tech (TechEU) program, which aims to promote industrial innovation in Europe.
AMAG will use the loan to advance the digitalization and environmental sustainability upgrades of its production processes at its plant in Upper Austria.
As the first loan implemented by the EIB under the TechEU program in Austria, this financing will support AMAG in carrying out a total investment project of 168 million euros between 2025 and 2028.

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