Nordic Investment Bank

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NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.

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NIB co-finances Sandvik’s acquisition of mine planning software provider Deswik

Wed, Aug 24, 2022 11:48 CET

The Nordic Investment Bank (NIB) has signed an eight-year EUR 150 million loan agreement with Sandvik Treasury AB (Sandvik). The loan will finance part of Sandvik’s acquisition of Australian-based company Deswik, which provides digital solutions for the mining industry.Deswik offers integrated software platforms that includes computer aided 3D mine design, scheduling, operations planning, mining data management, and geological mapping. Combining Deswik’s software with Sandvik’s expertise in automation and electrification of mines, gives Sandvik the possibility to offer a complete mining

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NIB co-finances Sandvik’s acquisition of mine planning software provider Deswik

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