Austria, Feb. 23 -- The European Investment Bank (EIB) is lending AMAG Austria Metall AG, Austria's leading aluminium producer, €75 million for technological advances in research, development and manufacturing. AMAG will use the EIB loan to develop cutting-edge aluminium products and to promote the digitalisation and environmental sustainability of manufacturing processes at the company's plant in Upper Austria. The financing represents the first loan in Austria by the EIB under its TechEU programme to accelerate industrial innovation in Europe. The credit contributes to AMAG investments that have total projected costs of €168 million in the 2025-2028 period. The signing ceremony underscores the importance to Europe's industrial...