PROMOTING COOPERATION IN THE ARCTIC REGION

Swedish Space Corporation
 

Esrange: An arctic gateway to space

Located two hundred kilometres north of the Arctic Circle, surrounded by the vast wilderness of Swedish Lapland, the space centre Esrange is gearing up for a development project to become Europe's most advanced facility for space services. NIB Newsletter visited the unique site.

 
Paavo Lipponen

 

EU needs a Northern Policy

In his column for the NIB Newsletter, the former Finnish Prime Minister, Paavo Lipponen, advocates for an EU Northern Policy: the European North has a great potential for growth the EU is seeking. Transport and logistics, the environmental challenge, cooperation with Russia represent vital interests that need better coordination.

     
         

BUSINESS IN FOCUS

 
NIB Board visits the LNG terminal in Lithuania
 

NIB's Board of Directors visits LNG terminal in Lithuania

The members of the Bank's Board of Directors together with NIB's management visited Klaipeda LNG terminal in Lithuania. The visit was arranged on 23 April, following a meeting of the Board in the country's capital Vilnius. The LNG terminal in Klaipeda was launched in December 2014 to improve the security of gas supplies to the Baltic region.

Photo: Algirdas Kubaitis

Read more about the NIB-financed project here.

 
Energy efficiency

 

Lithuania invests in a better quality of life

In the past six year, NIB’s contribution to better energy efficiency in buildings in Lithuania has reached EUR 200 million. A new loan facility signed in late April is assisting the Lithuanian state to continue investments that promote the quality of life.

     
Vantaa Ring Road III

 

Ring Road III: Safer traffic in larger Helsinki

Ring Road III in Vantaa, north of the Finnish capital Helsinki, is one of the busiest roads in the country. About 70,000 vehicles use it every day. The traffic volumes are expected to grow by nearly 50% in the next ten-fifteen years. NIB has financed the modernisartion with two loans to the city of Vantaa.

     
Valmet Corporation

 

Valmet: a powerhouse of Finnish bioeconomy

Valmet Corporation, a leader of the Finnish bioeconomy cluster, is spending an annual average of EUR 50 million on R&D in its paper, pulp and energy divisions. “R&D is a motive force for our productivity growth”, says Jouko Yli-Kauppila, Vice President, Intellectual Property Rights, at Valmet.

     
NIB loan map

 

NIB loans on a map

NIB is launching an online map of projects financed by the Bank since 2007. The new functionality in the database of agreed loans will help website visitors to get quicker access to loan information depending on a loan’s location.

     
         

FUNDING NEWS

 
Funding

 

Funding in early 2015: Global appeal

NIB has had a good start to the year. “The geographical distribution and diversity of investors supporting NIB's annual USD benchmark shows that NIB has a really global appeal. We are looking forward to a busy year”, says Jens Hellerup, Head of Funding and Investor Relations at NIB.

     

 

Funding highlights

Monthly updated coverage of NIB's funding operations: funding targets, reports on transactions and graphs.

See also:

Funding transactions

     
         
 

Agreed Loans

27 Apr 2015 Republic of Lithuania EUR 100 million Lithuania
23 Apr 2015 DLF-Trifolium A/S EUR 15 million Denmark
16 Apr 2015 SEB Leasing Oy EUR 86 million Finland
16 Apr 2015 Vantaan Energia Oy EUR 64 million Finland
25 Mar 2015 NKT Holding A/S EUR 65 million Denmark
 
         

EVENTS

 

 

NIB arranges a green bond panel at the People Meeting, Folkemødet, on 11-14 June

NIB arranges a panel discussion "How can the capital markets contribute to a green and sustainable economy?" at the People Meeting, Folkemødet, to be held on the Danish island of Bornholm in mid-June. The People Meeting is an annual political festival that gathers political leaders, civil society organisations, business and the media to debate current political, social and economic issues.

Read more about the event here

     
   

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