Tag Archives: France

EIB and Seine-Maritime Department Invest €150 Million in School Modernization

(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

EIB Board Greenlights €4.3 Billion Investment Across Europe for Sustainable Development

(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

Paris 2024 Torch Relay: Coca-Cola Concert Series to Ignite Festivities Across France

(IN BRIEF) The Paris 2024 Torch Relay, sponsored by Coca-Cola, Banque Populaire & Caisse d’Epargne, promises an electrifying celebration as it traverses France, starting from Marseille on 8 May. With the flame’s arrival, the festivities will kick off, featuring six … Read the full press release

EIB Grants €45 Million Loan to CentraleSupélec for Campus Renovation

(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

EQT Enters Exclusive Talks to Acquire Ocea Group, Advancing Environmental Solutions in Energy Sector

(IN BRIEF) EQT Active Core Infrastructure fund announces exclusive negotiations to acquire Ocea Group from ICG Infrastructure Equity I. Ocea, a leading provider of smart water and heat submetering devices, operates over four million submeters and serves over 7,000 customers … Read the full press release

EIB Provides €25 Million Financing to Wandercraft for Personal Exoskeleton Development

(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

TotalEnergies Unveils Centenary Initiatives: Celebrating 100 Years of Innovation and Commitment

(IN BRIEF) TotalEnergies celebrates its centenary by introducing three initiatives: €100 rewards for new electricity customers in France, €100 incentives for select fuel purchases, and the allocation of 100 company shares to each of its global employees, contingent on a … Read the full press release

NIRAS and Egis Join Forces to Propel Offshore Wind Development in France

(IN BRIEF) NIRAS and Egis announce a strategic partnership aimed at bolstering consultancy and engineering services in the realm of renewable energies, particularly offshore wind projects in France. With NIRAS’s extensive experience in global offshore wind and Egis’s strong foothold … Read the full press release

AstraZeneca and Sanofi’s Beyfortus Receives Approval in Japan for Prophylaxis against Respiratory Syncytial Virus

(IN BRIEF) AstraZeneca and Sanofi celebrate the approval of Beyfortus (nirsevimab) in Japan by the Ministry of Health, Labour, and Welfare for preventing lower respiratory tract disease (LRTD) caused by respiratory syncytial virus (RSV) in neonates, infants, and children entering … Read the full press release

CEB Approves €1.3 Billion in Loans Across Europe for Social Sector Investments

(IN BRIEF) The Council of Europe Development Bank (CEB) has approved 11 new loans totaling €1.3 billion across various countries and sectors. These loans aim to address critical social issues such as microfinance, healthcare, education, and post-disaster reconstruction. Among the … Read the full press release

Saab’s Arexis Sensor Suite Selected for German Air Force’s Eurofighter EW Variant

(IN BRIEF) The German defense procurement office has chosen Saab’s Arexis sensor suite to equip the Eurofighter EK, an electronic warfare variant of the German Air Force’s Eurofighter aircraft. The contract, initiated in June 2023, marks the beginning of Saab’s … Read the full press release

Volvo Group and Renault Group Launch Flexis SAS for Next-Gen Electric Vehicles

(IN BRIEF) After obtaining all necessary regulatory approvals, Volvo Group and Renault Group have officially launched Flexis SAS, a new company based in France dedicated to developing the next generation of fully electric and software-defined vehicles for urban logistics. With … Read the full press release

EIF and 123 IM Partner to Boost Sustainable Financing for French SMEs

(IN BRIEF) The European Investment Fund (EIF), supported by the InvestEU programme, has entered a portfolio guarantee agreement of €10.5 million with 123 Investment Managers (123 IM) to facilitate up to €15 million in new financing for small businesses and … Read the full press release

Bouygues Construction to Revamp Joliot-Curie School in France through €7M Energy Renovation Project

(IN BRIEF) Bouygues Construction’s subsidiary, Bouygues Bâtiment Ile-de-France, has secured a €7 million contract from Palaiseau, France, for the energy refurbishment of Joliot-Curie junior school. The project, employing the EnergieSprong approach, aims to significantly reduce energy consumption and carbon emissions. … Read the full press release

Orange and BNP Paribas Forge Partnership for Seamless Banking Experience Across France and Spain

(IN BRIEF) In a significant move towards enhancing customer service, Orange and BNP Paribas have finalized agreements following exclusive negotiations initiated in June 2023. The partnership entails various arrangements aimed at providing banking continuity and innovative solutions for Orange Bank … Read the full press release

Jacky Perrenot to Acquire Agediss, Expanding Logistics Dominance in France and Europe

(IN BRIEF) French transport giant Jacky Perrenot has finalized an agreement to acquire 100 percent of the shares in Agediss, a leading 2-man handling specialist for furniture and large-volume goods in France. The acquisition, signed on February 10, 2024, marks … Read the full press release

ANDRITZ Expands Pavatex Fiber Production Line, Boosting Capacity in France

(IN BRIEF) ANDRITZ, an international technology group, has bolstered Pavatex’s fiber production capacity with the delivery of a second production line to their Golbey facility in France. This expansion, integrated with a chip handling and pressurized refining system, marks a … Read the full press release

ASSA ABLOY Sells PACA Elevator Maintenance Business in France to KONE

(IN BRIEF) ASSA ABLOY has completed the sale of its elevator maintenance business, PACA ascenseur (“PACA”), located in Southern France, to KONE. The sale is part of ASSA ABLOY’s strategic focus on its core business portfolio. PACA, with approximately 210 … Read the full press release

EIB Group’s Strong Growth in France: €12 Billion Investment Spurred by Climate Action, Innovation, and Sustainable Infrastructure

(IN BRIEF) In 2023, the European Investment Bank (EIB) Group experienced robust growth in France, providing nearly €12 billion in long-term financing to the private sector and local and regional authorities. This included €10.6 billion from the EIB and €1.4 … Read the full press release

Sweden and France Strengthen Defense Cooperation with Saab and MBDA Partnership

(IN BRIEF) Sweden and France have signed a strategic partnership agreement aimed at bolstering their defense collaboration, focusing on anti-tank and air defense capabilities. As part of this initiative, Saab and MBDA, the CEOs of which are Micael Johansson and … Read the full press release

INSEAD Secures €60 Million Loan from EIB for Europe Campus Renovation

(IN BRIEF) INSEAD, the global business school, has signed a €60 million financing agreement with the European Investment Bank (EIB) to support its Europe Campus Reimagination project. The loan will facilitate the modernization and expansion of the INSEAD Europe Campus … Read the full press release

Record-Breaking Year for European Offshore Wind in 2023, With Positive Outlook and Investments

(IN BRIEF) Europe experienced a remarkable year in offshore wind energy in 2023, witnessing a record 4.2 GW of new offshore wind farms coming online, marking a 40% increase from the previous year. Investments of €30 billion were confirmed for … Read the full press release

Groupe BPCE and EIB Join Forces to Provide €300 Million for Green Transition of SMEs and Mid-Caps

(IN BRIEF) Groupe BPCE and the European Investment Bank (EIB) have collaborated to offer a €300 million package aimed at facilitating the green transition of small and medium-sized enterprises (SMEs) and mid-cap companies. This partnership enables Groupe BPCE to provide … Read the full press release

France’s Textile Recycling Revolution: Nouvelles Fibres Textiles Launches Automated Plant

(IN BRIEF) Nouvelles Fibres Textiles, in partnership with Pellenc ST and ANDRITZ, has inaugurated France’s first automated textile recycling plant. This pioneering facility, launched on November 30, 2023, marks a significant step toward a circular economy for textiles. The plant’s … Read the full press release

Global Authorities Collaborate to Dismantle Ransomware Network Responsible for Widespread Attacks

(IN BRIEF) Judicial and law enforcement agencies from seven countries have joined forces to take action against a criminal network responsible for a series of damaging ransomware attacks worldwide. These attacks have affected over 1,800 victims in 71 countries, primarily … Read the full press release

Neste Collaborates with Altens and Bolloré Energy to Introduce Renewable Diesel in France

(IN BRIEF) Neste is teaming up with French fuel distributors Altens and Bolloré Energy to introduce Neste MY Renewable Diesel™ to the French market starting in January 2024. This collaboration aims to significantly reduce greenhouse gas emissions in the transportation … Read the full press release

ENERCON Celebrates 20 Years in France, Affirms Commitment to Expanding Renewable Energy in Europe

(IN BRIEF) ENERCON, a leading manufacturer of onshore wind energy converters, marked its 20-year presence in France by reaffirming its dedication to the expansion of onshore wind energy in Europe. The company’s CCO, Ulrich Schulze Südhoff, emphasized that Europe is … Read the full press release

Germitec Secures €25 Million Agreement with EIB to Develop Innovative Medical Products

(IN BRIEF) Germitec, in collaboration with the European Investment Bank (EIB), has inked a €25 million agreement aimed at financing the research, development, and commercialization of groundbreaking medical products. This partnership, facilitated by the InvestEU program, seeks to significantly reduce … Read the full press release

TotalEnergies and Trade Unions Join Forces for Employee Eco-Transition in France

(IN BRIEF) TotalEnergies has unveiled a strategic initiative to aid its 35,000 employees in France in their ecological transition efforts, promoting sustainable energy consumption and mobility in their daily lives. In collaboration with the Company’s trade union representatives (CFDT, CFE-CGC, … Read the full press release

Keolis Subsidiaries in France Show Strong Support for Breast Cancer Awareness Month

(IN BRIEF) In support of Breast Cancer Awareness Month, Keolis subsidiaries in France have taken various initiatives to raise awareness and support the fight against breast cancer. Keolis Agen has adorned its vehicles with pink ribbons to remind passengers about … Read the full press release

ANDRITZ to Boost Renewable Energy Capacity at French Waste-to-Energy Center

(IN BRIEF) ANDRITZ, an international technology group, has received an order from Idex, a leading energy services company in France, to supply a third waste treatment line to a waste-to-energy center in Villers-Saint-Paul, near Paris. This extension will increase the … Read the full press release

Leica Geosystems Preserves 17th Century Citadelle de Besançon with Advanced Reality Capture Technology

(IN BRIEF) Leica Geosystems, a part of Hexagon, is utilizing cutting-edge reality capture technology to digitally preserve the Citadelle de Besançon, a 17th-century UNESCO World Heritage Site in France. In collaboration with Capture4Cad and the French Government, laser scanners from … Read the full press release

Orano Signs Protocol for Uranium Mine Project in Mongolia

(IN BRIEF) Orano, a responsible mining company with a 25-year presence in Mongolia, has signed a protocol for the development and operation of the Zuuvch-Ovoo uranium mine project in Mongolia. The signing ceremony took place at the Elysée Palace in … Read the full press release

European Investment Fund Backs Avanseo with €38 Million Portfolio Guarantee to Support Microenterprises in France

(IN BRIEF) The European Investment Fund (EIF), supported by the InvestEU programme, has entered into a portfolio guarantee agreement with Avanseo to provide up to €38 million in new financing for microenterprises and individuals facing challenges in accessing credit markets. … Read the full press release

TotalEnergies Surpasses 1,000 High-Power Chargers for Electric Vehicles in France, Becomes No.1 in Ultra-Fast Charging

(IN BRIEF) TotalEnergies has achieved a significant milestone in electric mobility by installing and operating over 1,000 high-power chargers (HPC) for electric vehicles across France, making it the leading player in ultra-fast charging on the country’s motorways and expressways. As … Read the full press release

AFRY Capital Advises Orora on Proposed Acquisition of Saverglass, Strengthening Sustainable Packaging Leadership

(IN BRIEF) AFRY Capital is serving as joint financial advisor to Orora Limited, a prominent Australian manufacturer and distributor of sustainable packaging, in its planned acquisition of Saverglass, a leading global producer and distributor of premium glass bottles headquartered in … Read the full press release

Landis+Gyr Collaborates with Atlante to Expand EV Charging Infrastructure in Southern Europe

(IN BRIEF) Landis+Gyr, a prominent provider of integrated energy management solutions, has entered into an agreement with Atlante, a subsidiary of the NHOA Group specializing in electric vehicle (EV) charging infrastructure. The partnership aims to enhance EV charging capabilities across … Read the full press release

Lyon’s Holcim Innovation Hub: A Catalyst for Green Building Innovations

(IN BRIEF) Holcim has inaugurated its Innovation Hub in Lyon, France, designed to showcase sustainable building solutions and foster collaboration in the pursuit of low-carbon, circular, and energy-efficient construction methods. The multi-story Hub accommodates start-ups, think tanks, and experts, serving … Read the full press release

ANDRITZ’s Advanced Rolling Mill to Boost ArcelorMittal’s E-Mobility Initiatives

(IN BRIEF) ANDRITZ, a leading international technology group, has secured a major contract from ArcelorMittal in France to provide a cutting-edge reversible 6-high cold-rolling mill for processing high-grade non-oriented silicon steel strip (NGO) used in electric motors for e-mobility. This … Read the full press release

DB Schenker Advances Green Logistics Ambition with Acquisition of 53 Renault Electric Trucks in France

(IN BRIEF) DB Schenker, a prominent logistics service provider, is reinforcing its commitment to emissions reduction by investing in electric technology. The company has procured 53 Renault Trucks E-Tech D electric carriers for its operations in France. This move aligns … Read the full press release