News

New NEFCO agreement enters into force

The new agreement on NEFCO’s mandate that was signed by all five Nordic countries on 14 December 2016 enters into force today. At the same time, the Corporation’s amended statutes are officially adopted.

Buyer credit for wood processing in Russia

NEFCO and the Russian LLC Novgorod Timber Company Sodruzhestvo have signed a loan agreement aimed at modernising wood processing production in Nebolichi in the Novgorod region in Russia. Sodruzhestvo will replace an existing sawing line with a new one that will increase production, improve the efficiency of wood processing and boost the company’s revenues.

New loan facility for electric vehicles in Belarus

NEFCO and the Belarusky Narodny Bank (BNB-bank) have today signed a loan agreement for the development of an electric vehicles facility. NEFCO will provide up to EUR 2.5 million to BNB-bank under the joint financing facility for a period of up to 5 years.

Topic issues

GreenStream is a unique actor on the Chinese market

GS’s business direction has changed many times since it was founded in 2001. GS initially worked as an intermediary in renewable energy, which led the company to later become a consultancy firm. It was via its consultancy business that GS eventually started working with funds related to renewable energy and emissions trading. All this, in turn, led to GS starting up energy efficiency activities in China over ten years ago.

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Upcoming events

21.08.2017 to 22.08.2017

The first Climate Forum of Russian cities will take place in Moscow on 21-22 August.

18.09.2017 to 20.09.2017

Arctic Energy Summit 2017 will be organised in Helsinki on 18-20 September under the Finnish chairmanship of the Arctic Council. The event is organised by the Institute of the North and the Finnish Ministry of Economic Affairs and Employment.