European Investment Bank lends 30 million euro to a Finish dairy producerMarch 9, 2017
Hat: 30 million euro to support research and development activities in Finland
Funding Scheme: 2017-03-09
Pgm2014 2020: Yes
The European Investment Bank has agreed to lend up to 30 million euro to Valio, Finland’s biggest dairy company, for its research, development and innovation investments related to nutrition, functionality and health impacts of dairy products.
These investments aim to ensure better food security through innovative solutions for more efficient food production. This is the EIB’s first loan to Valio and this financial support will help to diversify the borrower’s funding base.
This loan is guaranteed under the European Fund for Strategic Investments (EFSI), a key element of the European Commission’s Investment Plan for Europe.
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