Sandvik signs EUR 500 million loan agreement with the European Investment Bank
"We have a strong strategic focus on developing solutions that improve sustainability, productivity and safety in our core industries of mining, component manufacturing and infrastructure. The EIB cooperation will support our R&D initiatives and our aim to stay at the forefront and develop our technology leadership," says
The loan has a seven-year tenor and will support Sandvik's R&D investment plans until 2025.
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SOURCE Sandvik