NEFCO is an international financial institution established by the five Nordic countries. NEFCO finances investments and projects primarily in Russia, Ukraine, Estonia, Latvia, Lithuania and Belarus, in order to generate positive environmental effects of interest to the Nordic region.
Topic issue
The Russian industrial giant Norilsk Nickel is a world-leading producer of metals needed for the development of clean energy technologies and renewable energy sources. So why hasn’t the company, after 20 years of negotiations with its Nordic neighbors, improved its environmental image by solving the large-scale emissions from its smelter in Nikel?
upcoming events
An international exhibition named Aqua-Therm will take place in Kyiv 15-18 May. The exhibition is Ukraine's leading event for for heating, ventilation, air-conditioning, water supply and renewable energy.
The European-Ukrainian energy day will be arranged in Kyiv 29-30 May. The event is organized by the European-Ukrainian Energy Agency (EUEA) and the Conference House Company.
The 6th edition of the conference World Bioenergy will be arranged in Jönköping, Sweden 29-31 May.
Centrum Balticum and the City of Turku are hosting the 5th Baltic Sea Forum in Turku 7-8 June.
NEFCO's Board of Directors will convene in Ålesund, Norway 13-14 June.
The Baltic Marine Environment Commission HELCOM's Heads of Delegation will convene in Trelleborg, Sweden 14-15 June.
The 14th Baltic Development Forum Summit will convene in Copenhagen 17-19 June. NEFCO's Managing Director Magnus Rystedt will attend the event.
News
The wastewater treatment plant will be upgraded partly with a loan from NEFCO. Photo: Patrik Rastenberger
NEFCO and the water company, OKOS, have signed a loan agreement to rehabilitate wastewater treatment facilities serving the towns of Svetlogorsk, Pionersk and Zelenogradsk in Russia.
Production of furniture with less emissions. Photo: Patrik Rastenberger
NEFCO and Rossibbalt Ltd, a furniture producing company based in Znamensk in the Kaliningrad region of Russia, have signed a loan agreement to replace two diesel-fired boilers with a new 320 kW boiler, which will be fired from wood waste.
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Energy saving investments in Gurievsk, Russia. Watch the video on YouTube
