NIB finances Finnish shipyard company Meyer Turku Oy
The Nordic Investment Bank (NIB) has joined a financing facility for the Finnish shipyard company Meyer Turku Oy (Meyer) with a EUR 102 million participation. The two-year facility will finance the construction of ICON 3 cruise ship. The shipyard in Turku is directly and indirectly important for Finland’s marine cluster through subcontractors, that are mostly Finnish companies. Its employment effect is significant. “Finland’s marine cluster is strong, and the Turku shipyard is an integral part of this. In addition to cruise ships, Meyer and the Turku shipyard also has expertise in