FLSmidth granted loan by NIB

Danish group FLSmidth is reported to have been granted a €130 million loan from the Nordic Investment Bank (NIB). The company will use the money for financing of research and development activities, mainly for new products, optimisation of raw materials and fuel consumption, and reduction of hazardous emissions. The loan accounts for half the sum that will be spent on the programme that will take place in 2013-2015.
October 19, 2012

Danish group 7451 FLSmidth is reported to have been granted a €130 million loan from the 6758 Nordic Investment Bank (NIB).

The company will use the money for financing of research and development activities, mainly for new products, optimisation of raw materials and fuel consumption, and reduction of hazardous emissions.

The loan accounts for half the sum that will be spent on the programme that will take place in 2013-2015.

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