December 10/Copenhagen,Denmark/Tendersinfo News -- Danisco will obtain European Investment Bank (EIB) funding of 120 million euros for research, development and innovation investments.
Under the terms of the loan agreement, signed at Danisco s head office in Copenhagen, the EIB will lend up to 120 million euros to part-finance investments at corporate research and innovation centers predominantly in Denmark, Finland, the U.K. and France. Danisco notes its research is in line with the objectives of the European Union's food for life platform under the 7th framework program. These objectives include developing an environmentally friendly production and distribution chain.