Wärtsila borrows €150 million for research and development

The European Investment Bank (EIB) has granted a €150 million loan to Wärtsila. The company will use the money to develop its activities in research and development, Wärtsila informs.

The Finnish company Wärtsila has just been granted a €150 million loan by The European Investment Bank (EIB) to develop its activities in research and development in several European countries, Wärtsila informs in a press release. The loan will help the company to continue its efforts to develop its motors, which may help the shipping industry once the new emission requirements take effect.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading