NIB has provided a new EUR 120 million loan to the Norwegian energy company Hafslund to finance the expansion and upgrade of the transmission grid in the Oslo region.
The Board of Governors has decided to increase the authorised capital of the Nordic Investment Bank by EUR 2 billion.
NIB will provide the Finnish power utility Lahti Energia with a loan amounting to EUR 50 million. The loan, with a maturity of 20 years, is intended foconstruction of a new waste-to-energy plant.
NIB will provide a loan for Nokia Siemens Network’s research and development programme. The loan, amounting to EUR 30 million, is NIB’s first to the company and is aimed at the further development and implementation of the so-called Single RAN technology to be used in network base stations.
A new EUR 21 million loan has been provided by NIB to the Latvian state-owned railway company VAS Latvijas Dzelzcels (Latvian Railway).
Financial information on the period January–April 2010 is now available.
NIB is publishing key figures and the following tables: statement of comprehensive income, statement of financial position, changes in equity and cash flow statement. The document includes comments on the figures by NIB's President and CEO, Johnny Åkerholm. The figures for the period January-April are unaudited.
Swedish AB Transitio receives a EUR 124 million NIB loan to purchase 35 new trains.
The eleven countries belonging to the Northern Dimension Partnership on Transport and Logistics have endorsed setting up a secretariat that will be located in NIB’s Headquarters.
The focus of NIB's future lending operations in Belarus will be on environmental hotspots demanding urgent action.
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