Valmet has signed a EUR 175 million loan with European Investment Bank linked to company’s Research and Development activities
Valmet Oyj's press release on September 27, 2023 at 3:00 p.m. EEST ESPOO, Finland, Sept. 27, 2023 /PRNewswire/ -- Valmet has signed a EUR 175 million loan agreement with the European Investment Bank (EIB). The loan will support Valmet's Research and Development (R&D) activities to help finance technologies that replace fossil fuels with renewables. The loan agreement is linked to company's R&D activities in 2023-2026. The financing aims to enhance the resource and energy efficiency as well as the performance of Valmet's technology, promote the use of recyclable raw materials and to...