Finnish forest industry company UPM-Kymmene Oyj is developing its business to create more with less. NIB is co-financing a refinery to produce renewable diesel made of crude tall oil residue from pulp mills.
Since the pricing, the benchmark has been marked as even more expensive by bond traders. This is not only a gain for existing investors, but also a reassurance for NIB that its credit quality is highly regarded by investors.
Icelandic Landsvirkjun’s intention with Buðarháls, the sixth hydropower plant on the Þjórsá-Tungnaá river system, is to harness the river from top to bottom while leaving as small an environmental footprint as possible.
The University Hospital in Tartu, Estonia’s second largest city, is expanding. The investment will put the Tartu hospital on the international map as one of the most modern high-tech bases for medical education and research in the Nordic–Baltic region.
In 2014, NIB will continue offering quality and stability to investors. “NIB is active in many financial markets worldwide. This helps us keep our funding sources diversified,” says Lars Eibeholm, Head of NIB’s Treasury.
The savings banks branch can gain a lot from cooperating around the goals such as improving competitiveness and the environment, says Erik Hägglöv, head of Sparbanken Nord in Sweden.
SMEs employ 2/3 of all employees in the region and contribute a similar share of the added value produced. This is precisely why lending to SMEs should be a priority for the Bank, says NIB President Henrik Normann.
A thousand-kilometre high-speed link between Tallinn and Warsaw that has for twenty years been just a distant ambitious idea is finally taking shape.
NIB’s long-standing customer, the Latvian power company A/S Latvenergo, has launched the second power generating unit of its largest combined heat and power plant TEC-2.
Investments in the district heating sector with NIB financing, exceeding EUR 1 billion, have been implemented in the Nordic and Baltic region as well as other countries in recent years.
A loan to the City of Tartu will finance municipal investments in road infrastructure and education institutions.
30 Nov 2017
A loan facility with Volvofinans Bank AB will finance the acquisition of commercial vehicles for SMEs and small mid-caps in Sweden.
27 Nov 2017
A ten-year loans to Icelandic Landsnet is earmarked for expanding and strengthening the electricity network in Iceland.
23 Nov 2017