Finland. Terveystalo Healthcare Holding Oy

Date of agreement:12 May 2022
Customer:Terveystalo Healthcare Holding Oy
Amount in EUR:EUR 50 million
Maturity:7 years
NACE sector / loan type:Health care sector


The loan has been provided for financing Terveystalo’s investments in its digital healthcare services, including development of applications, systems and platforms. These investments will improve Terveystalo’s customer and employee experience and strengthen the company’s market position.

The loan finances Terveystalo’s investments in the company’s digital development over 2022-2025. Terveystalo has positioned itself at the forefront of the digital transformation of the healthcare sector, and the planned investments include further development of leading digital capabilities and services, covering applications for customers, corporations, public healthcare as well as medical professionals. In addition, Terveystalo plans to continue the development of a modern digital operating ecosystem and productization of their digital platform.

Terveystalo is the largest private health care service provider in Finland in terms of revenue and network with more than 350 clinics around the country. In Sweden, Terveystalo offers occupational health services at 120 clinics. Terveystalo’s customers include private individuals, companies and communities, and public sector customers. Besides the physical clinics, Terveystalo offers 24/7 digital health care services.

Fulfilment of NIB's mandate

Terveystalo is the largest provider of occupational healthcare services in Finland with approximately 700,000 customers. The potential improvements in service quality and productivity will have widely distributed effects on the effectiveness of healthcare services.

Although Terveystalo and other large private healthcare providers will be the first to make use of more advanced digital services, the benefits of the development will carry over to the public sector health care providers which will eventually adopt the most effective solutions as well.

Sustainability summary

No significant negative environmental or social impacts have been identified in relation to the project.

Terveystalo is committed to the principles of the UN Global Compact initiative, according to which it promotes human rights, labor rights, environmental efforts and anti-corruption.

The company has set as a long-term climate target to reach zero emissions from own operations in 2030 and as a short-term target to become carbon neutral in 2022 via offsetting of emissions. The company also has a general target for promoting the conservation and sustainable use of natural resources in the supply chain including reducing plastic consumption, recycling and increasing the efficiency of material management.

Press release

NIB financing advances Terveystalo’s investments in further digitalisation of healthcare services

Press release

NIB rahoittaa Terveystalon jatkoinvestointeja digitaliseen terveydenhuoltoon