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ENO telecom GmbH Bentheimer Str. 118b 48529 Nordhorn, Germany http://www.eno.de
Contact Ms Annette Drescher +49 211 55007740
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ENO telecom GmbH

ecotel obtains € 5 million innovation loan

Investment in new development projects sets the base for further growth

(PresseBox) (Düsseldorf, )
ecotel has received € 5 million financing funds in the context of the ERP innovation program of the Kreditanstalt für Wiederaufbau (KfW) and Commerzbank. ecotel is going to use the proceeds for the development of innovative fixed mobile convergence products.

€ 2.5 million of the loan amount comprise a debt capital tranche of Commerzbank with a maturity of 10 years and amortization starting after 2 years.

The other 2.5 million euros of the loan are the subordinated tranche of KfW with a maturity of 10 years and amortization starting after 7 years.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.