Mandate Vinge advises Re:NewCell in project financing

December 21, 2020

Vinge has advised Re:NewCell AB with the project financing of the company’s textile recycling plant in Sundsvall, Sweden. The loan facility amounts to SEK 450 million. Nordea, the Swedish Export Credit Corporation and the Finnish export credit agency Finnvera acted as lenders and guarantors.

The Vinge team was led by Henrik Ossborn who was assisted by Jack Bengtsson and Nora Gullberg (Banking & Finance).


Sanctions round-up

Not long time ago sanctions were a rare occurrence which only involved obscure products and countries, and which were decided by the members of the United Nations Security Council. Today, the European Union and, in particular, the United States, impose sanctions and other trade restrictions with high frequency which have the potential to affect any type of transaction. Below you will find a summary of some recent developments.
December 22, 2020

EU Commission criticizes Sweden for its application of the rules on combined transports

Through a formal notice to Sweden, the European Commission has criticized the inadequate application of Directive 92/106/ECC on common rules for certain forms of combined transport of goods between Member States (the “Combined Transports Directive”). The notice mainly concerns the Swedish Transport Agency's application of the term "nearest suitable railway station"
December 11, 2020