(IN BRIEF) In a landmark move towards sustainable transportation, the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link have sealed a financing deal to procure electric and battery-powered trains. With loans totaling €200 million, nine electric … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Transportation & Logistics
Tagged Egidijus Lazauskas, EIB, Electric Train, Jeanette Vitasp, Lithuania, LTG Link, Marius Skuodis, NIB, partnership, Rail Revolution, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) and the Government of Ukraine have solidified a strategic collaboration to bolster Ukraine’s reconstruction, recovery, and integration with the EU. This partnership, marked by a new memorandum of understanding (MoU), pledges €560 million … Read the full press release
Posted in Banks, European Union, Financial, Government, Infrastructure & Utilities, Investment, Luxembourg, Ukraine
Tagged EIB, EU for Ukraine Initiative, EU funding, EU integration, EU4U Initiative European Union funding, European Investment Bank, Nadia Calviño Denys Shmyhal Valdis Dombrovskis, SMEs, UKRAINE
(IN BRIEF) The Joint Initiative on Circular Economy (JICE), spearheaded by prominent European Union public promotional banks and institutions, has exceeded its initial €10 billion financing goal for circular economy projects, reaching €11.57 billion by the close of 2023. At … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Bank Gospodarstwa Krajowego, Bpifrance, Caisse des Dépôts group, Cassa Depositi e Prestiti, Dario Scannapieco, EIB, Eric Lombard, European Promotional Banks, expansion, Financing Target, Instituto de Crédito Oficial, Joint Initiative on Circular Economy (JICE), José Carlos García de Quevedo, KfW, Nadia Calviño, partnership, Radoslaw Kwiecien, Rinke Zonneveld, Stefan Wintels
(IN BRIEF) In a landmark move, the European Investment Bank (EIB) has granted a €150 million loan to Bhutan, marking its first-ever investment in the country. This funding aims to bolster Bhutan’s renewable energy sector, particularly through the development of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Bhutan, carbon neutrality, EIB, investment, Leki Wangmo, Lyonpo Lekey Dorji, Markus Berndt, Nadia Calviño, partnership, renewable energy, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million, 25-year finance contract with the French department of Seine-Maritime, aiming to modernize the learning environments of 13,000 pupils across the region. This initiative, part of the department’s Plan … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, Bertrand Bellanger, EIB, France, investment, partnership, School Modernization, Seine-Maritime Department, sustainability
(IN BRIEF) The European Investment Bank (EIB) is providing a €400 million loan to Thüringer Energie AG (TEAG), a municipal energy supplier in Thuringia, Germany, to upgrade and digitize the electricity grid. This investment, totaling around €600 million, aims to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Germany, Green Energy, Grid Expansion, Nicola Beer, partnership, Stefan Reindl, sustainability, Thüringer Energie AG, Thuringia
(IN BRIEF) The European Investment Bank (EIB) Board of Directors approved €4.3 billion in financing for projects spanning Austria, Czech Republic, France, Germany, Hungary, Italy, Lithuania, and Slovakia. The funding will support sustainable transport, renewable energy, water and waste treatment, … Read the full press release
Posted in Austria, Banks, Business, Czech Republic, Economy, Environment, Financial, France, Germany, Government, Hungary, Industrial, Investment, Italy, Lithuania, Luxembourg, Management, News, Slovakia
Tagged Austria, Czech Republic, EIB, Europe, France, Germany, Hungary, investment, Italy, Lithuania, Nadia Calviño, partnership, Slovakia, sustainability, sustainable development
(IN BRIEF) During the World Circular Economy Forum (WCEF) 2024, Multilateral Development Banks (MDBs) revealed their collaborative vision on the role of MDBs in advancing the circular economy. Emphasizing the significance of circularity in achieving sustainable and equitable development, MDB … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) Group, led by President Nadia Calviño, is set to participate in the 2024 Spring Meetings of the International Monetary Fund and the World Bank Group in Washington DC. The delegation, including Vice-Presidents Ambroise … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News
Tagged Ambroise Fayolle, Delegation, EIB, John Lipsky, Jutta Urpilainen, Melinda French Gates, Multilateral Development Meetings, Nadia Calviño, Odile Renaud-Basso, Oleksander Kubrakov, partnership, sustainability, Thomas Östros, Washington DC
(IN BRIEF) Lviv, a city in western Ukraine, celebrates the successful implementation of a project aimed at enhancing urban mobility, marked by the acquisition of ten low-floor trams. Financed by a €17.4 million loan from the European Investment Bank (EIB), … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Transportation & Logistics, Ukraine
Tagged acquisition, Andriy Sadovyi, EIB, Henrik Huitfeldt, Jean-Erik de Zagon, Lviv, Oleksandr Kubrakov, partnership, sustainability, Tram Fleet, UKRAINE, Urban Mobility Upgrade, Volodymyr Kovaliv
(IN BRIEF) The European Union’s Western Balkans Enterprise Development and Innovation Facility (WB EDIF) launches the Guarantee for SME Resilience Initiative, injecting €60 million to enhance access to finance for small and medium enterprises (SMEs) in the region. Through partnerships … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, EIF, EU, European Union's Western Balkans Enterprise Development and Innovation Facility (WB EDIF), Marjut Falkstedt, Olivér Várhelyi, partnership, SMEs, sustainability, Western Balkans
(IN BRIEF) The European Investment Bank (EIB) has approved a €400 million loan tranche to Estonia, marking the second installment of a larger €700 million loan aimed at bolstering the Estonian economy. This financing, focused on green and digital investments, … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged digital, EIB, Estonia, Jean-Christophe Laloux, Mart Võrklaev, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €42 million agreement with Maspex Group, a major food and beverage producer in central and southeastern Europe, to enhance energy efficiency and sustainability across their production plants in Poland and … Read the full press release
Posted in Banks, Business, Environment, Financial, Food & Beverage, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Poland, Romania, Technology
Tagged EIB, Maspex Group, partnership, Poland, Production Upgrades, Rafał Gruszeczka, Romania, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have collaborated with Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) to facilitate SME lending in Austria through a pioneering synthetic securitisation transaction. This landmark transaction, the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Security & Safety, Small Business
Tagged Austria, EIB, EIF, Erste Bank, Hans Unterdorfer, Marjut Falkstedt, partnership, SME, sustainability, synthetic securitisation, Thomas Östros
(IN BRIEF) At the EU-Moldova Private Sector Investment Conference in Chișinău, the European Investment Bank (EIB Global) sealed two agreements with Moldova’s leading bank, maib. The first involves a €50 million loan aimed at enhancing access to finance and promoting … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, European Union, green investments, Macar Stoianov, maib, MOLDOVA, MSMEs, partnership, sustainability, Teresa Czerwinska
(IN BRIEF) CentraleSupélec, a renowned French engineering school, is set to undergo a transformative renovation of its historic Bréguet building, thanks to a €45 million loan from the European Investment Bank (EIB). This loan, part of the last stage of … Read the full press release
Posted in Banks, Business, Construction, Education, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, Campus Renovation, CentraleSupélec, EIB, France, partnership, Romain Soubeyran, sustainability
(IN BRIEF) French medtech company Wandercraft secures €25 million financing from the European Investment Bank (EIB) to advance the development of their groundbreaking Personal Exoskeleton. This innovative device, the first self-balancing exoskeleton designed for daily use by individuals with severe … Read the full press release
Posted in Banks, Business, Economy, Electronics & Machinery, Environment, Financial, France, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, Atalante X, EIB, France, Matthieu Masselin, partnership, Personal Exoskeleton Development, rehabilitation, sustainability, Wandercraft
(IN BRIEF) Estonia has pledged €10 million to the European Investment Bank’s (EIB) EU for Ukraine Fund, part of a broader initiative aimed at addressing Ukraine’s urgent needs and sustaining its economic stability. With support from multiple donors, including other … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Ukraine
Tagged EIB, Estonia, EU Fund, Jean-Erik de Zagon, Mart Võrklaev, partnership, recovery, Russian Aggression, sustainability, UKRAINE
(IN BRIEF) In a strategic move, MONETA secures a €100 million loan from the European Investment Bank (EIB), earmarked to enhance economic prospects for small and mid-sized businesses in Czechia. With a commitment to allocate at least 12% of the … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Business Growth, Czech Republic, Czechia, EIB, Kyriacos Kakouris, MONETA, partnership, SMEs, sustainability, Tomáš Spurný
(IN BRIEF) One World Media has unveiled the longlist of selected stories for its 15 award categories, including the Women’s Solutions Reporting Award, supported by the European Investment Bank. With over 500 submissions from 117 countries, journalists and filmmakers worldwide … Read the full press release
Posted in Awards, Banks, Business, Financial, Industrial, Investment, Luxembourg, Management, Media, News, Society
Tagged Awards, EIB, One World Media Awards, partnership, sponsorship, women empowerment
(IN BRIEF) Nomagic, a leading developer of intelligent robotics for e-commerce and retail warehouses, has secured an €8 million loan from the European Investment Bank (EIB) to enhance its research and development (R&D) efforts. The loan, supported by the European … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Electronics & Machinery, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Retail, Technology
Tagged EIB, Marek Cygan, Nomagic, Nomagic React.AI, partnership, Poland, robotic automation solutions, Teresa Czerwinska
(IN BRIEF) A high-level Team Europe delegation recently concluded an official visit to Benin, solidifying the country’s partnership with the European Union through the signing of finance contracts totaling €166 million. Led by senior leaders of European institutions and development … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Benin, EIB, Koen Doens, partnership, Roger Stuart, Romuald Wadagni, sustainability, Team Europe
(IN BRIEF) The European Investment Bank (EIB) is injecting €40 million into German-Austrian PropTech GROPYUS to advance the construction of sustainable and affordable homes across Europe. GROPYUS specializes in employing digitalized, fully automated, and industrialized processes to produce multi-storey wooden … Read the full press release
Posted in Austria, Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Austria, EIB, Europe, GROPYUS, housing, Markus Fuhrmann, Nicola Beer, partnership, sustainability
(IN BRIEF) EIB President Nadia Calviño hosted Ukrainian Prime Minister Denys Shmyhal at the EIB headquarters, marking a significant step in bolstering Ukraine’s energy security amidst ongoing challenges from the war. The meeting saw the signing of a Memorandum of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged Denys Shmyhal, EIB, energy security, Ihor Syrota, Nadia Calviño, partnership, sustainability, Teresa Czerwinska, UKRAINE, Ukrhydroenergo
(IN BRIEF) The European Investment Bank (EIB) is backing Skellefteå Kommun in Sweden with a SEK 800 million loan (€70 million) to facilitate the construction of 743 new, energy-efficient social housing units. These homes, vital amidst the green industrialization, especially … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden
Tagged EIB, Green Industrialization, Lorents Burman, partnership, Skellefteå, social housing, sustainability, Sweden, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) has approved a €700 million green loan to facilitate the expansion of Iberdrola’s electricity distribution grid in Spain, aiming to enhance the integration of renewable energy sources and enable new uses such as … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has granted a €22 million loan to Malita Investments plc, in collaboration with the Government of Malta, to address housing shortages in the country. This funding, along with a previous agreement, will support … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Malta, Management, News
Tagged EIB, Gelsomina Vigliotti, housing construction, Malita Investments plc, Malta, Marlene Mizzi, partnership, Roderick Galdes, sustainability
(IN BRIEF) Evonik, Germany’s second-largest chemical company, has secured a €500 million framework loan from the European Investment Bank (EIB) to accelerate its sustainable transformation. The financing will support Evonik’s Next Generation Solutions portfolio, which focuses on energy-efficient, bio-based, and … Read the full press release
Posted in Banks, Business, Chemicals, Economy, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged EIB, Evonik, Germany, Maike Schuh, Nicola Beer, partnership, sustainability, sustainable transformation
(IN BRIEF) The European Investment Bank (EIB) has embarked on its largest-ever financing agreement for Mongolia, injecting €54.4 million into a groundbreaking initiative. This initiative aims to address the degradation of Mongolia’s grasslands by promoting sustainable urban development and supporting … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, EU bank, H.E. Axelle Nicaise, investment, Javkhlan Bold, Mongolia, Myagmarjav Ganbaatar, partnership, sustainability, sustainable development, Teresa Czerwinska, Ukhnaagin Khurelsukh
(IN BRIEF) The European Investment Bank (EIB) and Banca Ifis have inked a significant agreement, marking the EIB’s maiden loan operation with an Italian bank exclusively aimed at driving innovative transitions for small and medium-sized enterprises (SMEs). The deal, valued … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business, Technology
Tagged Banca Ifis, EIB, Ernesto Fürstenberg Fassio, Gelsomina Vigliotti, INNOVATION, Italy, partnership, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) collaborates with NRW.BANK to allocate a €200 million framework loan aimed at facilitating the expansion and enhancement of refugee housing facilities in North Rhine-Westphalia, the most populous German state. This initiative involves constructing, … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and the Ukrainian government join forces to advance reconstruction efforts in war-torn regions, allocating funds for critical infrastructure projects under the Ukraine Recovery Programme (URP) and the Ukraine Early Recovery Programme (UERP). With … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged conflict, EIB, EU, Katarína Mathernová, Oleksandr Kubrakov, partnership, reconstruction, sustainability, Teresa Czerwinska, Ukrainian government
(IN BRIEF) President Nadia Calviño of the European Investment Bank (EIB) engages with Romanian President Klaus Iohannis, Prime Minister Ion-Marcel Ciolacu, and Minister of Finance Marcel-Ioan Boloş to explore strategic investment opportunities. The discussions, following a record year of EIB … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Romania
Tagged EIB, Future Investment Priorities, Ion-Marcel Ciolacu, Klaus Iohannis, leadership, Marcel-Ioan Boloş, Nadia Calviño, partnership, Romania, sustainability
(IN BRIEF) TowerCo of Africa Uganda has secured a US$40 million financing package from European development finance partners to spearhead the installation of 506 new telecom towers in rural areas of Uganda. This initiative, supported by the European Investment Bank, … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Telecom
Tagged Belgian Investment Company, Development Bank of Austria, EIB, Geoffrey Donnels Oketayot, Jan Sadek, Nada Shall, partnership, Sabine Gaber, sustainability, telecom infrastructure, Thomas Östros, TowerCo of Africa, Uganda
(IN BRIEF) The European Investment Fund (EIF) has announced a €20 million investment under the InvestEU program to support the Blue Revolution Fund, managed by Hatch Blue. This investment aims to boost early-stage aquaculture enterprises, address market deficiencies, and promote … Read the full press release
Posted in Agriculture, Belgium, Environment, European Union, Financial, Food & Beverage, Industrial, Investment, Luxembourg, Technology
Tagged alternative seafood protein solutions, aquaculture, aquaculture enterprises, Blue Revolution Fund, BlueInvest, clean technologies, Climate, climate change, EIB, EIF, environmental impact, environmental solutions, European Investment Fund, European Maritime Fisheries and Aquaculture Fund, European Union, finfish, Georg Baunach, Green Deal, Hatch Blue, INNOVATION, InvestEU, InvestEU Blue economy Fund, marine ecosystem, Marjut Falkstedt, restoring ocean ecosystems, seaweed, shellfish, sustainability, sustainable aquaculture, sustainable aquaculture farming, The European Investment Fund, The Nature Conservancy, Virginijus Sinkevičius
(IN BRIEF) The European Investment Bank (EIB) and Centenary Rural Development Bank Ltd (CERUDEB) have unveiled a landmark €100 million investment aimed at bolstering private sector enterprises in Uganda, particularly focusing on women borrowers and rural microenterprises. With 50% of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged CERUDEB, Edward Claessen, EIB, Jan Sadek, Mr. Fabian Kasi, partnership, President Museveni, Rural Enterprises, SMEs, sustainability, Uganda, women entrepreneurs
(IN BRIEF) The European Investment Bank (EIB) is collaborating with Sunfire, a German-based company, to support the development of solid oxide electrolysers for green hydrogen production in industrial applications. Through a venture debt loan of up to €100 million, with … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged EIB, green hydrogen production, Iliana Ivanova, Nicola Beer, Nils Aldag, partnership, Sunfire, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Otua Group have collaborated on a €40 million loan to facilitate the construction of a new recycling plant for automotive waste plastics and the upgrade of existing metal waste processing facilities. This … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged Amaia Trebiño, Antonio Lorenzo, EIB, investment, Otua Group, partnership, Spain, sustainability
(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have forged agreements with Bulgarian partners, including Allianz Bank Bulgaria (ABB) and United Bulgarian Bank (UBB), to enhance the country’s economy and advance its transition to carbon neutrality. … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Allianz Bank Bulgaria (ABB), Bulgarian Economy, Dobromir Dobrev, EIB, Georgi Zamanov, Julian Popov, Kyriacos Kakouris, partnership, Rumen Radev, SMEs, sustainability, United Bulgarian Bank (UBB)
(IN BRIEF) The European Investment Bank (EIB) and Hypo Vorarlberg have inked agreements to fund the construction of highly energy-efficient residential buildings. The deal comprises a synthetic securitisation transaction and a funding transaction, totaling €61 million. This initiative aims to … Read the full press release
Posted in Austria, Banks, Business, Construction, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Austria, EIB, Germany, Housing Projects, Hypo Vorarlberg, Marjut Falkstedt, Michel Haller, partnership, sustainability, Thomas Östros
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
