In August 2018, OeEB signed a US-Dollar 15 million loan to RIMA Industrial S.A., arranged by German Development Finance Institution DEG. The funds will be used for modernizing and expanding RIMA’s production facilities. Besides DEG and OeEB, French Development Finance Institution Proparco also participated in the financing.

Project name

RIMA Industrial S.A.


South America




Investment Finance

Project country


OeEB project volume

USD 15 million

Total investment volume

USD 60 million

Projekt partner(s)

DEG, Proparco

RIMA Industrial S.A. (RIMA) is an experienced and well established Brazilian producer of primary metals, (metal-)alloys and automotive parts. Around 3,300 employees at four production sites in the federal state Gerais and at the company headquarters in Bocaiuva make RIMA one of the region’s largest employers. Among the company's main customers are businesses in the automotive industry, steel industry, chemical industry and photovoltaic industry.

The credit line provided by OeEB, DEG and Proparco is dedicated to financing modernization and expansion investments, including the purchase of a new melting furnace and two new dedusting units. This will not only help increase RIMA's capacity and product quality but also help improve water and energy efficiency at its production sites.