Metso and The European Investment Bank agreed on EUR 160 million R&D loan

Metso Corporation and the European Investment Bank (EIB) have signed a EUR 160 million research and development loan agreement. The total loan amount has been subsequently drawn down. This funding is to partly finance Metso’s development and innovations related to environmental products and services as well as other strategic R&D programs during the years 2008-2012….more at Metso.com