NIB finances Camfil AB’s R&D programme

NIB and Swedish Camfil AB have signed a loan agreement totalling SEK 220 million (EUR 25 million). The 8-year loan finances the company’s R&D investment programme for 2012–2015.

The NIB-financed programme includes advanced research, development and testing of new technologies and filter products at Camfil’s main R&D hub in Trosa, Sweden. More efficient air filtration will help reduce level of pollution that has strong impact on human health.

Camfil is planning to increase its annual R&D expenditure in the future, particularly in the areas of advanced filtering, energy efficiency and analysis of air quality.

Camfil is a global industry leader in clean air solutions with 50 years of experience. Camfil has over 3,500 employees and runs 23 manufacturing plants, six R&D sites and over 65 local sales offices worldwide.

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

Lars Synnes, Senior Manager Origination, at +358 10 618 0504,

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