9 Feb 2023
NIB finances Munters’ R&D and digitalisation programme
NIB and Munters Group AB have agreed a 7-year loan to finance the Swedish manufacturer’s research, development and digitalisation for the 2022-2026 period.
The loan of SEK 750 million (EUR 67.5 million) is expected to benefit the group’s product development work, digitization and increase productivity by improving business processes and achieving scalability in the company’s business model.
Munters is a global leader in energy-efficient and sustainable climate solutions. Through innovative technologies, Munters creates solutions for the indoor climate in a range of mission-critical applications with an emphasis on the industrial, agricultural and data center sectors. Munters offers solutions that reduces the customers climate and environmental impact through efficient resource consumption, contributing to reduced carbon emissions.
Munter’s overall goal is to conduct a sustainable and profitable business to create value for its stakeholders. To maintain this, sustainability has been integrated into every aspect of the business strategy. Munters has begun the work of measuring its climate impact throughout its entire value chain and has set the goal of having no net climate emissions from operations by 2030.
Munters Group AB has around 3,800 employees carrying out manufacturing and sales in more than 30 countries. The group is listed on Nasdaq Stockholm.
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
Patrick Nylund, Senior Banker, at +358106180329, Patrick.Nylund@nib.int
David B. Rasmusson, Communications unit, at +358 50 476 3071, David.Rasmusson@nib.int