EIB’s Vice President Alexander Stubb and Wärtsilä’s President Jaakko Eskola at the signing of the new RDI loan. © Wärtsilä
EIB and Wärtsilä sign a EUR 125m Research, Development and Innovation loan
Dec 06 2017
TechThe European Investment Bank (EIB) and Wärtsilä, have signed a EUR 125m loan agreement to support the research and development of more environmentally friendly and efficient ship engines and power plants. This fifth loan to support Wärtsilä’s Research, Development and Innovation (RDI) will further solidify the cooperation with the EIB, which has resulted in tangible improvements in European engine technology since the first loan was signed in 2003.
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