The EIB has confirmed the authorisation to conclude the EUR 400 m loan to SAAB Automobile AB in accordance with the terms and conditions approved by the Board of Directors on 21 October 2009 and to conclude the guarantee agreement with the Swedish National Debt Office, as the loan is subject to a state guarantee which the Swedisch Government approved on 26 January 2010. The EU Commission approved the Swedish state-guarantee for the Bank's loan to SAAB on 8 February 2010.
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Statement regarding Saab
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Sweden: EIB loan to help Stockholm cut wastewater pollution and protect the Baltic Sea
The European Investment Bank (EIB) is lending the City of Stockholm 5 billion Swedish kronor (around €470 million euro) to finance the city’s largest environmental investment in decades. The project involves closing the Bromma treatment plant and routing all the city’s wastewater to a significantly expanded and modernised treatment plant at Henriksdal.