The European Investment Bank (EIB) has agreed to lend up to EUR 30m to Valio, the Finnish dairy company, for its research, development and innovation investments related to nutrition, functionality and health impacts of dairy products. Furthermore, these investments aim to ensure better food security through innovative solutions for more efficient food production.
Valio’s investment programme focuses on research activities in the fields of dairy chemistry and technology, nutritional expertise, product development and consumer preferences. It also includes purchases of piloting equipment for laboratories, systems dedicated to implementing the research and innovation programme as well as technology licensing expenses. The research and development activities will be carried out at Valio’s existing facilities in Helsinki.