Tag Archives: Jeanette Vitasp

NIB Joins EIB EBRD and CEB in EastInvest Platform Supporting Investment in EU Eastern Border Areas

(IN BRIEF) Nordic Investment Bank has joined several major European financial institutions, including the European Investment Bank Group, the European Bank for Reconstruction and Development and the Council of Europe Development Bank, in signing a joint declaration supporting the EU’s … Read the full press release

Lithuania Advances Rail Electrification with EUR 200 Million Investment in Electric and Battery Trains

(IN BRIEF) A financing agreement between the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link signals a significant step forward for Lithuania’s rail sector. The agreement, totaling EUR 200 million, will facilitate the purchase of nine … Read the full press release

Lithuania’s Rail Revolution: EIB, NIB, and LTG Link Spearhead Electric Train Fleet Renewal

(IN BRIEF) In a landmark move towards sustainable transportation, the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link have sealed a financing deal to procure electric and battery-powered trains. With loans totaling €200 million, nine electric … Read the full press release

Latvia’s Kekava Bypass: A Game-Changer in Baltic Infrastructure

(IN BRIEF) Latvia’s Kekava bypass, a pioneering public-private partnership (PPP) project, has been completed in just two years, diverting heavy traffic away from Kekava and promising more efficient travel through the Baltics. Despite a 17-year planning process and external challenges, … Read the full press release

Wärtsilä’s Quest for Sustainable Solutions Gets a EUR 75 Million Boost from NIB

(IN BRIEF) The Nordic Investment Bank (NIB) and Wärtsilä Corporation, a Finnish technology group, have entered into a ten-year EUR 75 million investment loan agreement. This partnership aims to finance Wärtsilä’s research and development (R&D) activities from 2023 to 2025, … Read the full press release