Kristiina Randmaa
- European Investment Bank
- Communication Department
- 98-100, Boulevard Konrad Adenauer
- L-2950 Luxembourg
- Luxembourg
The European Investment Bank (EIB) has signed a €150 million loan agreement with Helen Ltd, a leading Finnish energy company wholly owned by the City of Helsinki, to finance two new renewable energy projects in the district heating sector. The total investment amounts to €209 million, with the EIB contributing 72%.
The EIB Investment Survey 2023 reveals that Finnish firms are leading the way in innovation amongst peers in the rest of the European Union. Half of Finnish firms developed or introduced new products, processes or services as part of their investment activities, exceeding the EU average of 39%. Moreover, 81% of companies have adopted advanced digital technologies, significantly higher than the EU average of 70%. These companies are at the forefront of utilising digital platforms, automation via robotics, and big data/AI.
The European Investment Bank (EIB) has signed a €110 loan agreement with KOy Helsingin Toimitilat to provide facilities for Finnish vocational training provider Stadin AO. The financing will be used to construct two new campus buildings in Myllypuro and Roihupelto, consolidating Stadin’s activities that are currently spread across 14 different locations onto two sites.