March 1st, Ljubljana, Slovenia - Mr. Philippe Maystadt, the president of the European Investment Bank and dr. Aleš Štrancar, CEO of BIA Separations, signed an 8 million Euro loan agreement making it the first small to mid size company to receive a loan under the Risk Sharing Finance Facility (RSFF) scheme, The RSSF scheme is a joint venture between the European Commission and European Investment Bank intended to improve access to debt financing for private companies. The signing of the loan agreement will allow BIA Separations (a manufacturer of innovative chromatographic media for the biopharmaceutical industry) to continue its development of new purification technologies and expand into a new 3000 m2 R&D and production facility which will allow the company to meet the growing demand for its products.
On the same day, the laying of the cornerstone for the new facility took place in Ajdovščina, Slovenia. With the new facility, BIA Separations is moving into a high-technology oriented region where it will, in conjunction with University of Nova Gorica, establish a biotech incubator for the region. One of the roles of the incubator will be to establish a Biotechnology program at the University which will create a pool of highly educated personnel for BIA Separations and other companies that will come to the region and ensure that the long-term human resources needs are met.
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Pic 2. – European Commissioner Dr. Janez Potočnik, Dr. Aleš Štrancar, Represenatative of the EIB Dr. Peter Zajc laid the cornerstone for the new facility
Pic 3. – 150 people gathered at the ceremony for the laying of the cornerstone
Pic 4 – Dr. Janez Potočnik, Danilo Zavrtanik, Minister Dr. Žekš and the Ambassador of India dr. Villur Sundararajan Sheshadri before the ceremony