Release date: 19 September 2007
Promoter – Financial Intermediary
Finnvera plc, headquartered in Helsinki and in Kuopio.
Location
Description
Credit line for the financing of small and medium-sized enterprises (SMEs), in particular in the sectors of industry, tourism, energy, environment and services, located throughout Finland.
Objectives
To sustain and reinforce the productivity and competitiveness of SMEs.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million.
Total cost (Approximate amount)
Approximately EUR 300 million.
Environmental aspects
Final beneficiaries will be required to ensure compliance with EU environmental directives and national legislation.
Procurement
Final beneficiaries will be required to ensure compliance with EU procurement directives.
Status
Signed - 2/03/2009
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).