Banque Populaire Alsace Lorraine Champagne and EIB provide first SME loan for the defence sector
France, March 25 -- This €1 million loan, provided over a period of seven years, is intended to finance the working capital needs of CIMULEC Groupe. It will enable the group to meet strong demand from the defence sector.CIMULEC Groupe is an industrial player specialising in the production of high value-added printed circuit boards (PCBs) for strategic sectors such as aeronautics, defence and space. This small enterprise has three industrial sites in France and its customers include major French contractors such as Thales, Safran and Airbus Defence and Space, which use printed circuit boards in embedded software, telecommunications satellites and military equipment. With 220 employees and an annual turnover of €28 million, CIMULE...
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