Nordic Investment Bank lends 125 million euros to Peab related to total defense
Peab has signed a contract to take out a loan for a total of 125 million euros from the Nordic Investment Bank (NIB) in order to contribute to the total defense of the Nordic region. The loan runs for six years and will finance Peab’s projects and investments linked to military and civil buildup in the region.The construction and civil engineering sector plays a crucial role in countries’ total defense. With its broad operations, access to its own input goods and its local presence in the Nordic countries, NIB has identified Peab as an important player for the Nordic region's total defense.