(CercleFinance.com) – Europlasma announces that the French State has just granted Forges de Tarbes, which specializes in the manufacture of hollow bodies, a repayable advance amounting to 7.14 million euros in order to contribute to the financing of investments planned until 2025.
The payments of the funds made by Bpifrance Assurance Export will be staggered over three years and will therefore contribute to the investment program of 15 million euros (excluding energy assets) launched by Europlasma.
The latter wishes to gradually increase the production capacity of Forges de Tarbes, in response to orders and other expressions of interest received from various suppliers in Europe since the second half of 2022.