NIB Nordic Investment Bank

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19 Feb 2016

NIB helps upgrade intercontinental pier at Copenhagen Airport

Pier C Copenhagen Airport
Pier C at the Copenhagen Airport. Photo: Copenhagen Airports A/S

NIB and the Danish infrastructure operator Copenhagen Airports A/S have signed a ten-year loan agreement, totalling DKK 130 million (EUR 17 million), to increase the airport’s capacity of servicing intercontinental passengers.

The upgrade of Pier C is part of the Copenhagen Airport’s investments is intended to increase the number of intercontinental flights and passengers. The upgraded pier was inaugurated in late autumn 2015, and the number of intercontinental passengers serviced at Copenhagen Airport in December increased by 15% year-on-year. International and intercontinental flights are seen as the main driver to achieve a planned increase of passenger traffic from the current 26.6 million to 40 million annually in several years.

Pier C has been expanded by approximately 5,000 square metres and has received four new gates, including those fitted to accommodate double-deck aircrafts.

“The expansion of Copenhagen Airport’s capacity and the continuous growth in the number of passengers will have a direct impact on the economic competitiveness of the region, because it will further stimulate business activities and job creation”, says Henrik Normann, NIB President & CEO.

Copenhagen Airport is the largest airport in the Nordic–Baltic region and the 15th largest in Europe measured by passenger traffic.

NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.

For further information, please contact
Mr Stefán Jón Fridriksson, Senior Manager Origination, at +358 10 618 0512,

Mr Dimitrijs Alehins, Senior Communications Specialist, at +358 10 618 0296,

 
  • AR2016

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