NEFCO and the Russian LLC Novgorod Timber Company Sodruzhestvo have signed a loan agreement aimed at modernising wood processing production in Nebolichi in the Novgorod region in Russia. Sodruzhestvo will replace an existing sawing line with a new one that will increase production, improve the efficiency of wood processing and boost the company’s revenues.
The new Nordic-Russian programme for implementing environment and climate projects in North-West Russia has launched its first call for proposals.
NEFCO and the Belarusky Narodny Bank (BNB-bank) have today signed a loan agreement for the development of an electric vehicles facility. NEFCO will provide up to EUR 2.5 million to BNB-bank under the joint financing facility for a period of up to 5 years.
The Finnish John Nurminen Foundation will join forces with NEFCO to co-finance a biogas plant in Lviv, Ukraine. NEFCO has backed up the project since July 2016 when the corporation signed a loan agreement with the local waterworks Lviv Vodokanal for the construction of a biogas unit for sludge digestion.
NEFCO and the Danish company Rus Agro Team A/S have signed a loan agreement aimed at introducing a range of investments that will result in environmental benefits at the company’s farm in the Kaliningrad Region in Russia.
NEFCO has signed loan agreements with ten Ukrainian municipalities in order to promote investments in energy-efficiency measures in the cities of Chernihiv, Fastiv, Irpin, Khmelnytsky, Kremenchuk, Kuznetsovsk, Lubny, Lutsk, Odessa and Rivne.