NIB finances Swedish Bonnier's printing press modernisation
(Thomson Reuters ONE) -
The Nordic Investment Bank (NIB) and Bonnier AB have signed a loan totalling
EUR 25 million for financing investments in new and modern newsprint machinery
at Bonnier's printing company, Bold's, plant near Stockholm.
The 6-year maturity loan will help finance the printing company investments in a
new, highly automated press line. The modern newsprint machinery will replace
two older printing presses at the printing plant. Four new after-treatment lines
will also replace six older lines.
With up-to-date equipment, the printing company can reduce energy consumption
and increase production efficiency.
"The NIB loan will finance a project which provides an example of how
environmental gains go hand in hand with increased profitability. New, modern
equipment increases energy efficiency, reduces CO2 emissions and may lead to new
business opportunities," says Johnny Åkerholm, NIB President and CEO.
Bonnier AB is a multi-channel media company which engages in publishing,
broadcasting, business press and entertainment. The Bonnier Group is wholly
owned by the Bonnier family and has operations in more than 170 companies in 17
countries. Print is an essential business field for the company.
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
Ulf Westergård, Senior Manager, Origination at +358 10 618 0234,
ulf.westergard(at)nib.int
Nina Monsen, Senior Communications Specialist, at +358 10 618 0291,
nina.monsen(at)nib.int
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: NIB NORDIC INVESTMENT BANK via Thomson Reuters ONE
[HUG#1542199]
Unternehmensinformation / Kurzprofil:
Datum: 30.08.2011 - 10:25 Uhr
Sprache: Deutsch
News-ID 60333
Anzahl Zeichen: 2663
contact information:
Town:
Helsinki
Kategorie:
Business News
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