Trelleborg signs euro 80 million loan agreement

ERJ staff report (DS)

Stockholm -- Trelleborg has signed an agreement with the European Investment Bank in respect of a long term loan totaling EUR 80 million.

The loan is intended to finance a part of Trelleborg's expenditures for selected research and development projects in number of European countries extending out into 2012. These research and development projects focus on the further development of advanced polymer technology and related products to seal, damp and protect in demanding environments.

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Press release from Trelleborg