EIB invests $58.7M into Comau’s Italian facilities

The investment into Comau is intended to boost Europe’s industrial competitiveness. | Source: Comau

The European Investment Bank, or EIB, and Comau S.p.A. last week said they have signed a finance contract worth €50 million, or around $58.7 million U.S. The contract will support Comau’s research and development in the fields of robotics, advanced automation, machine tools development, and digitalization.

“Comau constantly invests in the development of innovative competencies and technologies,” stated Pietro Gorlier...