NIB Nordic Investment Bank


Finland. Valio Oy

Date of loan: 28 Feb 2017
Country: Finland
Customer: Valio Oy
Amount in EUR: EUR 40 million
Maturity: 7 years
NACE sector / loan type: Research and development


Industries and services


The loan has been provided to co-finance Valio’s research and development costs for 2016–2020.

The R&D programme focuses on developing new products. Valio aims to add value to its assortment and to deliver benefits to its milk producers and consumers.

Valio Ltd. is Finland’s largest dairy company and sells products in about 60 countries. The company is owned by 17 dairy cooperatives and operates one of the largest private research laboratories in Finland. Valio is headquartered in Helsinki.

Fulfilment of NIB's mandate

The intensity of Valio’s R&D has developed substantially over the past decade, and the company has a strong track record of commercialising its research. The R&D programme is expected to increase Valio’s nutritional expertise and consumer insight. A high number of on-going R&D projects are focusing on new products with positive health impacts.

The research conducted by Valio aims to promote sustainable resource consumption, such as the use of renewable bioplastics for packaging. Valio is also participating in agricultural research projects aiming for more efficient use of resources. In the long term, Valio’s R&D is expected to have a positive effect on the environmental impact of dairy farming.

Sustainability summary

No significant environmental benefits or risks have been identified related to the R&D programme.

Back to agreed loans

  • AR2016


NIB finances improved wastewater treatment in central Finland

A 25-year loan is earmarked for refurbishing and expanding the capacity of the Nenäinniemi wastewater treatment plant in central Finland.

27 Mar 2017

NIB funds dairy and nutrition science research in Finland

A loan to the Finnish dairy company Valio Ltd. will finance the company’s research programme in 2016–2020.

28 Feb 2017

NIB finances Wärtsilä’s acquisition of Eniram and American Hydro

A loan to the Finnish Wärtsilä Corporation will finance its expansion into hydro-industrial services and strengthen its digital product portfolio.

16 Feb 2017