NIB finances Norway's largest slaughterhouse
(Thomson Reuters ONE) -
The Nordic Investment Bank (NIB) and the Norwegian meat and egg supplier Nortura
SA have signed a loan totalling NOK 315 million (EUR 40 million) for financing
the construction of a new slaughterhouse in Malvik, in Sør-Trønderlag, central
Norway.
The loan, with a ten-year maturity, will help finance the new Malvik
slaughterhouse, which will be Norway's largest for cattle and sheep.
The new slaughterhouse will replace four of Nortura's old slaughterhouses, as
well as a meat processing plant in Trondheim. In addition, three slaughterhouses
owned by the meat company Spis Grilstad will be replaced due to a cooperation
agreement between Nortura and Spis Grilstad.
"This NIB loan for the new cost- and energy-efficient slaughterhouse will
increase productivity while decreasing CO2 emissions in line with our mandate to
strengthen competitiveness in our member countries and enhance the environment,"
says Johnny Åkerholm, NIB President and CEO.
Nortura expects to more than halve their energy consumption due to the
replacement of older slaughterhouses by a new modern facility. The energy
reduction in Spis Grilstad is an additional benefit. The new slaughterhouse,
which was finalised in August 2010, will also significantly reduce water usage.
Nortura SA is among the leading processors of meat and distributors of eggs in
Norway. The company is organised as a cooperative owned by approximately 17,800
farmers. Nortura has industrial operations in 34 municipalities, with
approximately 5,800 employees.
The Nordic Investment Bank (NIB) is the common international financial
institution of the eight Nordic and Baltic countries. NIB provides long-term
financing to the energy, environmental, transport, logistics and communications,
and innovation sectors for projects that strengthen competitiveness and enhance
the environment. 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
Vidar Omholt, Senior Manager Origination, at +358 10 618 0286,
vidar.omholt(at)nib.int
Nina Näsman, Communications, +358 10 618 0417, nina.nasman(at)nib.int
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Source: NIB NORDIC INVESTMENT BANK via Thomson Reuters ONE
[HUG#1538430]
Unternehmensinformation / Kurzprofil:
Datum: 23.08.2011 - 11:01 Uhr
Sprache: Deutsch
News-ID 58094
Anzahl Zeichen: 3000
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Town:
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Kategorie:
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