# CISDI Engineering receives Sinosure backing for EUR 1.3B EAF investment at LIBERTY Dunaújváros

CISDI Engineering has received preliminary support from Sinosure for Buyer's Credit Insurance covering EUR 1.3 billion in investment for a 3 million tonnes per annum Electric Arc Furnace facility at LIBERTY Dunaújváros in Hungary. The investment also includes upgrades to existing lines and new lines for defence and automotive applications.

- Type: Investment
- Announced: 2024-08-08
- Where: Dunaújváros, Hungary
- Value: $1.42B (1.30B EUR)
- Status: announced
- Capacity: 3 million tonnes per annum
- Products: steel slabs, hot rolled steel, galvanized steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [CISDI Engineering Co., Ltd.](https://endata.com/companies/15261.md)
- [Liberty Steel](https://endata.com/companies/16030.md) (partner)
- [Sinosure](https://endata.com/companies/79085.md) (investor)

## Sources

- [libertysteelgroup.com](https://libertysteelgroup.com/cisdi-engineering-receives-sinosure-backing-for-electric-arc-furnace-investment-at-liberty-dunaujvaros/), 2024-08-08: "Preliminary support for Buyer’s Credit Insurance has been agreed in principle between CISDI Engineering and China’s Export and Credit Insurance Corporation (Sinosure)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.