Wellbeing Services County of North Ostrobothnia
| Date: | 4.11.2026 |
|---|---|
| Country: | Finland |
| Customer: | Wellbeing Services County of North Ostrobothnia |
| Amount in EUR: | EUR 63.5 million |
| Maturity: | 30 years |
| Business sector: | Public Sector & Utilities |
Project
The uncommitted credit facility will support the development of a new logistics and support services centre at the Oulu University Hospital campus in Finland. The project is part of the OYS2030 programme and comprises the new centre, medical and operational equipment, a medical cyclotron, and associated demolition and infrastructure work. The project is expected to be completed by the end of 2030.
The new centre will consolidate critical hospital support functions currently operating in dispersed, constrained and partly temporary facilities.
The borrower, the Wellbeing Services County of North Ostrobothnia, Pohde, is responsible for the wellbeing, health and safety of approximately 418,000 residents in North Ostrobothnia. It operates across 30 municipalities.
Fulfilment of NIB’s mission
The new centre will consolidate critical support functions currently operating in dispersed facilities and relocate them closer to hospital operations. Overall, the new centre will enable higher service volumes using existing resources.
The medical cyclotron will enable the local production of radiopharmaceuticals used in precision diagnostic imaging and targeted cancer treatments. Local production is expected to strengthen security of supply, increase examination capacity and reduce the risk of disruptions affecting scheduled treatments.
Impact indicators related to the loan:
- Capex, EUR million
Sustainability summary
The new facility will replace several existing buildings at the hospital site. Demolition work started earlier in 2026, while construction of the new facility is expected to start in 2027 and to be completed in 2030. The project has all the necessary permits in place.
The project is in line with the Bank’s sustainability policy and guidelines. No significant sustainability concerns have been identified.
