Investment in Sustainable Climate Solutions: NIB and Munters Group AB Partnership

(IN BRIEF) NIB and Munters Group AB have secured a 7-year loan for SEK 750 million (EUR 67.5 million) to finance the Swedish company’s research, development, and digitalization initiatives from 2022 to 2026. Munters, a global leader in sustainable climate solutions, aims to improve its product development, digitize its operations, and boost productivity through the loan. The company prioritizes sustainability in its business strategy and has set a goal of achieving net-zero climate emissions from its operations by 2030. Munters Group AB employs nearly 3,800 people and operates in over 30 countries, and is listed on Nasdaq Stockholm.

(PRESS RELEASE) HELSINKI, 9-Feb-2023 — /EuropaWire/ —  The Nordic Investment Bank (NIB), an international financial institution with focus on the Nordic and Baltic countries, announces that it has entered into a 7-year loan agreement with Munters Group AB to support the Swedish company’s research, development, and digital transformation initiatives for the 2022-2026 period.

The loan, amounting to SEK 750 million (EUR 67.5 million), will enable Munters to enhance its product development efforts, digitize its operations, and boost productivity through improved business processes and scalable growth.

Munters is a world-renowned provider of energy-efficient and sustainable climate control solutions. With a focus on the industrial, agricultural, and data center sectors, the company uses cutting-edge technology to offer innovative indoor climate solutions that minimize its customers’ environmental impact and reduce carbon emissions through efficient resource utilization.

Sustainability is at the forefront of Munters’ business strategy, with the company integrating it into every aspect of its operations. Munters is committed to conducting a profitable and sustainable business that delivers value to its stakeholders, and has set a goal of achieving net-zero climate emissions from its operations by 2030.

With a workforce of nearly 3,800 employees, Munters Group AB operates in over 30 countries, and is listed on the Nasdaq Stockholm stock exchange.

NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.

For further information, please contact
Patrick Nylund, Senior Banker, at +358106180329, Patrick.Nylund@nib.int
David B. Rasmusson, Communications unit, at +358 50 476 3071, David.Rasmusson@nib.int

SOURCE: Nordic Investment Bank