NIB's President and CEO Johnny Åkerholm emphasises that the agreement will boost economic cooperation between Ukraine and NIB's member countries. The Bank grants loans for projects which contribute to the development of infrastructure, energy, telecommunications, environmental improvements, as well as to other projects of mutual interest.
"With a population of 48 million people, Ukraine is one of the largest countries in Europe. It is also one of the continent's most rapidly developing economies. A number of major investors from Northern Europe have already gained a foothold in Ukraine. We hope that the presence of NIB will encourage and enable more companies from the Nordic and Baltic countries to enter this market," says Mr Åkerholm.
The agreement was signed by Ukraine's Minister of Finance Victor Pynzenyk and NIB's President and CEO Johnny Åkerholm on 23 December 2005.
NIB has provided a EUR 61 million loan to DNB Bank ASA. The funds will be onlent to finance one of northern Europe’s largest onshore wind farms, in Jädraås, eastern Sweden.
22 May 2013
NIB and Latvia’s state railway company have signed a new loan for upgrading a railway section in the country’s east-west transport corridor.
22 May 2013
Finnish Fortum has inaugurated the first waste-to-energy combined heat and power plant in the Baltic countries.
15 May 2013