EU Investment Bank Grants EUR 12 Million Loan to E-Bike Drive Train Supplier Fazua

MUNICH, Germany – The European Investment Bank (EIB) granted a EUR 12 million loan to German e-bike drivetrain system supplier Fazua GmbH. Based in Ottobrunn near Munich, Germany, the rapidly growing company received this loan as part of the multi-billion-euro Investment Plan for Europe, also known as the ‘Juncker Plan’.
Made in Europe and completely assembled in Germany: Fazua’s e-bike drivetrain unit “Evation”. – Jo Beckendorff