Economy & Trade

EIB backs Kronospan's Green Energy Push

EIB backs Kronospan's Green Energy Push
Thursday, March 19, 2026
EIB

The European Investment Bank (EIB) is providing a €146 million loan to Kronospan, a major European wood-based panel producer. This financing aims to support Kronospan's efforts to reduce emissions and increase energy independence across its European operations. The project involves investments in energy-efficient technologies and renewable energy sources. This investment aligns with the EU's climate goals and promotes sustainable manufacturing practices.

EIB invests in green energy to cut emissions and boost energy independence.

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