Essity has secured a Euro 300 million loan at favorable terms with the European Investment Bank (EIB) as part of financing Essity’s research, development, and innovation process.
The Euro 300 million will support Essity’s product innovation and sustainability investments across all business areas and product segments until 2024. The loan has a tenor of 7 years.
“We are pleased with the support from EIB for our comprehensive innovation process. Essity’s focus is to increase wellbeing for people everywhere as we continue our journey to reach net-zero greenhouse gas emissions by 2050,” says Magnus Groth, President & CEO of Essity.
Essity is a leading global hygiene and health company.
