Wärtsilä and European Investment Bank agree on EUR 150 million loan for R&D activities

The European Investment Bank (EIB) has granted a EUR 150 million loan to Wärtsilä to finance the company's research, development and innovation activities in several European countries. Wärtsilä will invest the funds during 2011-2012 in research activities aimed at further developing the company's engine technology for both marine and power plant applications. The contract for this 10-year loan was signed in Helsinki, Finland on October 21, 2011.

Read the whole press release:
http://www.wartsila.com/ss/Satellite?c=WContent_C&childpagename=Finland%2FLayout&cid=1278523162962&p=1278512047611&packedargs=locale%3Den_FI%26seoname%3Dnodata%26site%3DFinland&pagename=WCom%2FCommon%2FDefaultWrapperexternal link, opens in new window

Uppdated: 2011-11-30
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