With the acquisition of a British consultancy firm, the Danish engineering consultancy firm Ramboll broadens its Nordic know-how to global expertise. "The combination of an international mindset and track record with Nordic specialist services is a formula for international success," says Michael Rosenvold, CFO of Ramboll Group.
"Despite the medieval views known from the tourist brochures, Porvoo is a modern, rapidly growing city," says Patrick Wackström, CEO of Porvoon Energia. With the help of a loan from NIB, the company is upgrading its energy production to meet the growing demand.
Power links connecting the Baltic and Nordic countries will help create an open Baltic Sea electricity market. They will also strengthen the security of supply, and bring the Baltic countries closer to the EU market, says Jukka Ruusunen, CEO of the Finnish power network operator Fingrid.
In an interview Johan Ljungberg, Head of Environment at NIB, explains the rationale behind the updated policy and welcomes the stakeholders—the member countries, companies, associations and organisations—to review the draft policy and guidelines.
The land approach for ships to the Port of Gävle is under development, with the Municipality of Gävle investing in new quays, larger port areas and a new entrance fairway at the port. NIB is financing the investment programme with a SEK 500 million (EUR 54 million) loan.
For the financial markets, 2011 turned to be very turbulent year. In the challenging environment NIB benefited from investors flight to quality and raised almost EUR 3 billion at favourable costs.
"NIB has a strong position on the financial markets, and while we do not have the capacity to solve liquidity problems on a wide scale, we can use our position to act as a catalyst." says NIB President in this interview about the new Refinancing Facility.
Norway's Oslo Airport is expanding in order to meet a growing number of passengers. NIB is financing the airport expansion, expected to complete in 2017, with the Bank's biggest loan to Norway ever.
The most modern motorway in Poland, the A1, now reaches from Gdansk to Torun. From 2005 to 2011, NIB cofinanced the project with two loans totalling EUR 290 million.
NIB has introduced its Environmental Bond. The NIB Newsletter has asked Lars Eibeholm, the Bank’s Head of Treasury and CFO, to tell more about the new treasury notes.
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
NIB has issued its fourth increase, AUD 100 million, to its 10-year Kangaroo issue due 19 April 2022.
15 May 2013