A loan to the Swedish medical equipment solutions provider Elekta AB will finance R&D costs for the development of new cancer treatment solutions.
A 25-year loan is earmarked for refurbishing and expanding the capacity of the Nenäinniemi wastewater treatment plant in central Finland.
In 2016, NIB increased its new lending to EUR 4.4 billion. While corporate investment remained subdued, the demand for long-term loans saw strong growth, particularly in the public sector.
A loan to the Finnish dairy company Valio Ltd. will finance the company’s research programme in 2016–2020.
The report presents the results of the NIB Environmental Bond programme in 2016. It is available in print and online.
A loan to the Finnish Wärtsilä Corporation will finance its expansion into hydro-industrial services and strengthen its digital product portfolio.
A loan to Össur, an Icelandic developer of orthopaedic solutions, will finance in part the company’s R&D programme during 2016–2019 and to re-finance the acquisition of Touch Bionics.
A 20-year loan to upgrade the district heating system in Sävsjö, southern Sweden.
On 24 January, NIB priced a new 5-year global USD 1.25 billion bond, the Bank’s first public benchmark of 2017. The final high-quality order book was oversubscribed and with over 50 investors participating.
In 2017, NIB is participating as observer to an expert group set up to provide recommendations for the European Commission on sustainable finance.