(PRESS RELEASE) HELSINKI, 2-Dec-2020 — /EuropaWire/ — NIB announces that it has signed a 10-year loan agreement of EUR 10 million with Finnish Kuurnan Voima Oy. The funds will be used to reburbish Kuurna hydropower plant and to build Laurinvirta … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Investment, News, Technology
Tagged automation system, dam, electricity generation, energy transition, Finland, generator, Henrik Normann, hydropower, hydropower plant, Iiris Anttalainen, Kaplan turbines, Kari Jaukkuri, Kuurna hydropower plant, Kuurna spillover channel, Kuurnan Voima Oy, landlocked salmon, Laurinvirta fish spawning, Laurinvirta hydropower plant, loan, NIB, North Karelia, Pielisjoki River, power plant, renewable energy, sustainable energy, turbines, waterways
(PRESS RELEASE) HELSINKI, 6-Jul-2020 — /EuropaWire/ — International financial institution NIB announces signing of a ten-year loan agreement with Danish Ringkjøbing Landbobank (RLB) for onlending to environmental projects and to small and medium-sized enterprises in Denmark. A substantial part of … Read the full press release
Posted in Banks, Business, Denmark, Energy, Gas & Oil, Environment, Financial, Finland, News, Small Business
Tagged biogas, corona pandemic, Denmark, environmental projects, Henrik Normann, loan, Ms Iiris Anttalainen, Ms Sari Cabell, NIB, onlending, renewable energy, Ringkjøbing Landbobank, RLB, SMEs, sustainable businesses, wind power
(PRESS RELEASE) HELSINKI, 7-Aug-2019 — /EuropaWire/ — NIB and Maxima LT, UAB sign ten-year EUR 52 million loan agreement to finance Maxima’s investments in its retail network renewal in Lithuania, Latvia and Estonia. The Lithuanian retail company will upgrade 31 … Read the full press release
Posted in Banks, Energy, Gas & Oil, Estonia, Financial, Finland, Investment, Latvia, Lithuania, News, Retail
Tagged cooling systems, energy efficiency, energy efficient buildings, energy-saving lighting, Estonia, food retailer, Henrik Normann, investment, Latvia, Lithuania, MAXIMA GRUPĖ, NIB, refrigeration technology, solar panels, store refurbishment programme, Vitalij Rakovski
(PRESS RELEASE) HELSINKI, 29-Apr-2019 — /EuropaWire/ — NIB signs 25-year loan facility of SEK 140 million (EUR 13.2 million) to finance the construction of a new primary school building and a sports facility in Glänninge with property developer Kommunfastigheter i … Read the full press release
Posted in Banks, Construction, Education, Financial, Finland, News, Sports, Sweden
Tagged construction, Henrik Normann, Kommunfastigheter, Laholm, NIB, school, sports facility
(PRESS RELEASE) HELSINKI, 17-Apr-2019 — /EuropaWire/ — NIB President & CEO Henrik Normann spoke at the Norden Association’s (Föreningen Nordens) 100th anniversary seminar on Monday, 15 April, in Christiansborg, the Danish parliament building. The seminar, titled “Nordic responsibility for the … Read the full press release
Posted in Banks, Denmark, Financial, Finland, Investment, News
Tagged Henrik Normann, investments, loan assessment, NIB, Norden Association, Nordic, seminar, sustainability
(PRESS RELEASE) HELSINKI, 28-Mar-2019 — /EuropaWire/ — NIB to finance Keitele Timber’s investments in mechanical wood processing facilities. The agreement is EUR 15 million loan with maturity of ten years. Keitele Timber will use the loan from NIB to invest … Read the full press release
Posted in Banks, Business, Construction, Finland, Industrial, Investment, News
Tagged biofuels, furniture, Glued laminated timber, glulam, Henrik Normann, investments, Keitele Timber, loan, lumber, NIB, sawmills, wood-processing
HELSINKI, 19-Dec-2018 — /EuropaWire/ — NIB and the Finnish energy company Teollisuuden Voima Oyj (TVO) have signed a loan agreement of EUR 65 million financing safety system upgrades in two existing nuclear power plant units in Finland. This ten-year loan will contribute to TVO’s refurbishment project … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Finland, Industrial, Security & Safety, Uncategorized
Tagged electricity, Finland, Henrik Normann, loan, NIB, nuclear, nuclear power plant, Olkiluoto, power, safety, safety system, Teollisuuden Voima Oyj, TVO
NIB and the Swedish telecom operator Tele2 AB have signed a SEK 2 billion (EUR 194 million) loan agreement to finance the company’s merger with TV and broadband provider Com Hem. HELSINKI, 19-Dec-2018 — /EuropaWire/ — The eight-year maturity loan finances the merger of the … Read the full press release
Posted in Banks, Entertainment, Financial, Finland, Internet & Online, Media, Sweden, Technology, Telecom
Tagged broadband, Com Hem, connectivity, Henrik Normann, loan, MERGER, NIB, Sweden, Tele2 AB, TELECOM, telecommunications, tv
HELSINKI, 26-Dec-2017 — /EuropaWire/ — NIB and the Swedish telecom company Ericsson have signed a 5.5–year loan agreement totalling USD 220 million (EUR 187 million) for financing a research programme for the development of 5G mobile technology. The loan will finance … Read the full press release
Posted in Banks, Financial, Finland, Sweden, Technology, Telecom
Tagged 5G mobile technology, Ericsson, Henrik Normann, NIB, telecom networks
HELSINKI, 23-Nov-2017 — /EuropaWire/ — NIB and Norway’s Sparebanken Øst have signed a NOK 300 million (EUR 32 million) loan programme for onlending to projects aimed at curbing CO2 emissions as well as small and medium-sized enterprises’ (SMEs) investments in south-eastern Norway. The funds under … Read the full press release
Posted in Automotive, Banks, Environment, Financial, Finland, Investment, Norway, Technology, Transportation & Logistics
Tagged curbing CO2 emissions, Henrik Normann, NIB, Sparebanken Øst
HELSINKI, 07-Jul-2017 — /EuropaWire/ — NIB and the Norwegian toll-road operator Vegfinans E18 Telemark AS have signed a 20-year maturity loan totalling NOK 1 billion (EUR 105 million) for the construction of a new section of the E18 motorway in Telemark County. The loan will … Read the full press release
Posted in Banks, Construction, Finland, Norway, Transportation & Logistics, Travel
Tagged E18 motorway in Telemark County, Henrik Normann, NIB, Norway, Vegfinans E18 Telemark AS
NIB and Sweden’s Sparbanken Skåne have agreed on a loan programme totalling SEK 500 million (EUR 52 million) for on-lending to SMEs, small mid-caps, and environmental projects. HELSINKI, 27-Dec-2016 — /EuropaWire/ — The seven-year facility will finance SME and small mid-cap investments in a broad … Read the full press release
Posted in Banks, Finland, Investment, Small Business, Sweden
Tagged Henrik Normann, lending to SMEs, loan programme, NIB, Sparbanken Skåne
NIB has signed a long-term loan agreement totalling EUR 80 million with Kilpilahti Power Plant Ltd. for the refurbishment of the combined heat and power plant (CHP) in the Kilpilahti industrial area in the town of Porvoo, Finland. HELSINKI, 17-Mar-2016 … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Finland
Tagged combined heat and power plant in Porvoo, Finland, Henrik Normann, Kilpilahti Power Plant Ltd., NIB
NIB and Denmark’s A/S Arbejdernes Landsbank have agreed on a five-year financing facility, totalling EUR 50 million, for financing environmental projects and small and medium-sized enterprises (SMEs). HELSINKI, 17-Mar-2016 — /EuropaWire/ — The facility is earmarked for SME investments made by owner-managed companies … Read the full press release
Posted in Banks, Denmark, Environment, Financial, Finland, Small Business
Tagged Arbejdernes Landsbank, environmental projects, Henrik Normann, NIB, SME enterprises
NIB and the Swedish passenger train operator SJ AB have agreed on a SEK 770 million (EUR 81 million) loan for the technological upgrade of X2000 trains. HELSINKI, 25-8-2015 — /EuropaWire/ — The 10-year loan will finance the modernisation of 36 train sets of this … Read the full press release
Posted in Banks, Financial, Sweden, Transportation & Logistics
Tagged Henrik Normann, NIB, SJ AB, SJ AB's X2000 trains, Swedish passenger train operator
NIB has signed a USD 100 million (EUR 92 million) 7-year-maturity loan agreement with Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) for on-lending to finance Klabin S.A.’s greenfield pulp mill project. HELSINKI, 21-7-2015 — /EuropaWire/ — The loan is for financing the construction … Read the full press release
HELSINKI, 28-11-2014 — /EuropaWire/ — The Nordic Investment Bank (NIB) has signed a EUR 34.8 million loan agreement with Klaipedos Nafta AB to finance a liquefied natural gas (LNG) terminal at the Port of Klaipeda, Lithuania. The project will increase … Read the full press release
NIB has signed a 13-year-maturity loan with the Norwegian energy company Eidsiva Energi AS to finance a new biofuelled district heating plant and to upgrade an existing network. Helsinki, Finland, 8-8-2014 — /EuropaWire/ — The loan totals EUR 27 million (NOK 226.5 … Read the full press release
NIB has signed a 10-year-maturity, EUR 50 million loan agreement with AB Litgrid for the construction of an electricity transmission line between Lithuania and Poland. The LitPol Link will be the first interconnection between the Lithuanian power system and the … Read the full press release
Helsinki, Finland, 13-3-2014 — /EuropaWire/ — In 2013, NIB recorded a profit of EUR 217 million. Despite the stagnant investment climate, NIB’s new lending reached nearly EUR 2 billion and it was allocated to projects that are relevant to the competiveness and environment of the Nordic–Baltic region. … Read the full press release
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