NIB finances Securitas’ investments in digitalisation and AI
NIB has signed a USD 190 million (approximately EUR 165 million) seven-year loan agreement with Securitas AB. The loan will finance the company’s investments in digitalisation and artificial intelligence (AI).
The loan from NIB will enable Securitas to continue its investments in new and upgraded digital platforms and AI technologies. These investments are aimed at modernising security measures, allowing more efficient and effective monitoring and response to potential threats.
AI is transforming the security sector by enabling a more proactive and analytical approach to safeguarding people, property and assets. By leveraging AI, Securitas can enhance its ability to predict and mitigate risks, ensuring the safety and security of European businesses and citizens.
Andreas Lindback, CFO, Securitas said: “Delivering the next generation digital and technology-based security solutions at a regional and global scale to our clients is a core part of Securitas’ strategy. This financing from NIB supports Securitas on its digitalisation and artificial intelligence journey.”
André Küüsvek, NIB President and CEO said: “Securitas plays a vital role in safeguarding critical infrastructure in many countries, organisations, and companies, contributing to the overall resilience of the Nordic-Baltic region. These investments support the digital transformation of an important security provider in our region. We are pleased to welcome Securitas as a new client of NIB.”
Securitas AB is a Swedish safety and security solutions company founded in 1934 and headquartered in Stockholm. The group employs approximately 336,000 people across 44 markets.
NIB is the international financial institution of Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, and Sweden. The Bank finances projects that improve productivity and benefit the environment of the Nordic-Baltic region. The Bank is headquartered in Helsinki with a regional hub in Riga. NIB has the highest possible credit rating, AAA/Aaa, with S&P Global Ratings and Moody’s.
For further information, please contact
Nicolas Audibert, Director, Country Lead Sweden, +358 10 6180689, nicolas.audibert@nib.int
Frank Reichelt, Senior Banker, Connectivity & Consumer, +358 10 618 0309, frank.reichelt@nib.int
Lotta Forssell, Senior Communications Officer, +358 10 618 0498, lotta.forssell@nib.int
