Tag Archives: NIB

Energy transition: NIB supports modernisation and contruction of new hydropower plant in Finland

(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

NIB loans EUR 17 million to Moelven Industrier for new wood pellet and bioenergy plant at Sokna, Norway

(PRESS RELEASE) HELSINKI, 22-Jul-2020 — /EuropaWire/ — The international financial institution with focus on the Nordic and Baltic countries The Nordic Investment Bank (NIB) has announced it will provide NOK 200 million (EUR 17.73 million) to Moelven Industrier ASA in … Read the full press release

Environmental projects and SMEs in Denmark to benefit from new NIB and Ringkjøbing Landbobank cooperation

(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

Valmet’s 2019–2022 R&D programme gets EUR 50 million funding from NIB

(PRESS RELEASE) HELSINKI, 9-Jan-2020 — /EuropaWire/ — NIB to finance Finnish Valmet Oyj’s research and development (R&D) activities in 2019–2022. The EUR 50 million loan will mature in ten years. Valmet’s 2019–2022 R&D investment programme focuses on performance and investment … Read the full press release

NIB provides funding for the advancement of new audiological technology

(PRESS RELEASE) HELSINKI, 28-Nov-2019 — /EuropaWire/ — NIB signs new loan agreement of DKK 450 million (EUR 60 million) with Danish hearing healthcare company Demant A/S to finance Demant’s research investments for 2019. This is the third loan agreed between … Read the full press release

NIB and Westra Wermlands Sparbank to improve access to financing for SMEs in western Sweden with new loan programme

(PRESS RELEASE) HELSINKI, 31-Oct-2019 — /EuropaWire/ — NIB and Westra Wermlands Sparbank sign seven-year loan programme of SEK 300 million (EUR 27.8 million) to help small and medium sized enterprises (SMEs) and environmental projects in western Sweden. This will improve … Read the full press release

NIB funds Maxima Grupe’s investment in energy efficiency solutions at its stores in Lithuania, Latvia and Estonia

(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

NIB to finance the construction of new energy-efficient school and sports facility in Laholm, Sweden

(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

Henrik Normann presented NIB at the Norden Association’s 100th anniversary seminar

(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

FINLAND: NIB to fund Keitele Timber’s investments in mechanical wood processing facilities

(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

Teollisuuden Voima Oyj (TVO) takes EUR 65 million from NIB for safety system upgrades in two existing nuclear power plant units in Finland

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

Swedish telecom operator Tele2 AB takes EUR 194 million loan from NIB for its merger with TV and broadband provider Com Hem

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

NIB and Srei Equipment Finance launch loan programme for financing the acquisition or leasing of industrial equipment in India

NIB and Srei Equipment Finance Ltd. (SEFL), a leader in construction and mining equipment financing in India, have agreed on a loan programme for financing the acquisition or leasing of industrial equipment designed or produced in the NIB’s member countries. … Read the full press release

NIB to finance investments in water supply and wastewater treatment in Tanum, Sweden

NIB and the municipality of Tanum have signed a 25-year loan facility of SEK 150 million (EUR 14.65 million) to finance investments in water supply and wastewater treatment. HELSINKI, 06-Nov-2018 — /EuropaWire/ — The long-term loan from NIB will co-finance projects … Read the full press release

NIB to loan EUR 42 million to Tine SA for the construction of its new dairy in Bergen, Norway

NIB and the Norwegian dairy company Tine SA have signed a loan agreement of NOK 400 million (EUR 42 million), with a 12-year maturity, on financing the construction of Tine’s new dairy in Bergen, Norway. In order to save energy, waste … Read the full press release

NIB to loan EUR 201 million to Swedavia AB for new pier at Stockholm Arlanda Airport

HELSINKI, 26-Dec-2017 — /EuropaWire/ — NIB and the Swedish airport operator Swedavia AB have signed a loan agreement of SEK 2 billion (EUR 201 million) for the construction of a new pier at Stockholm Arlanda Airport, outside Stockholm, Sweden. The ten-year … Read the full press release

NIB provides EUR 187 million to Ericsson for the development of 5G mobile technology

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

NIB and Sparebanken Øst to finance projects aimed at curbing CO2 emissions in housing and transport in Norway

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

NIB, Sparebank 1 SR-Bank to finance investments and environmental projects of SMEs in Norway

HELSINKI, 23-Oct-2017 — /EuropaWire/ — NIB and Norway’s Sparebank 1 SR-Bank ASA have signed a six-year loan programme totaling EUR 120 million to finance investments and environmental projects for the country’s small and medium-sized enterprises (SMEs) and small mid-caps. The projects to be funded … Read the full press release

NIB signs loan to finance new, four-lane section of the E18 motorway in Telemark County, Norway

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