All agreed loans

Sweden. Husqvarna AB

Date of loan: 6 Mar 2007
Country: Sweden
Customer: Husqvarna AB
Amount in SEK: SEK 500 million
Amount in EUR: EUR 53.9 million
NACE sector / loan type: Research and development
Business area: Industries and services

Project

The loan totalling SEK 500 million is aimed at financing Husqvarna's activities in research and development. Continuous product development is of great significance for Husqvarna's competitiveness. The company's R&D focuses on improving the functional capabilities of the products, their ergonomics, design, safety, and user-friendliness as well as minimising their impact on the environment. Husqvarna is the world's leading producer of chainsaws, lawnmowers and other petrol-powered garden equipment, as well as a major producer of garden tractors and cutting equipment for the construction industry.

Sustainability summary

Husqvarna's R&D activities have some positive environmental impacts. The increase of performance, reduction of environmentally hazardous exhaustions and recycling of products are important areas of Husqvarna's R&D. A 25% share of the project qualifies as an environmental investment.