Monthly Archives: December 2023

Historic 100% Sustainable Aviation Fuel Transatlantic Flight Supported by Kuehne+Nagel

(IN BRIEF) On November 28, 2023, a groundbreaking achievement took place as the world’s first 100% Sustainable Aviation Fuel (SAF) transatlantic flight by a commercial airline successfully landed at New York JFK after departing from London Heathrow. Kuehne+Nagel, a key … Read the full press release

Barco NV Completes Share Buyback Program with 24.55% of Shares Repurchased

(IN BRIEF) Barco NV has disclosed details of its share buyback program, which started on December 19, 2023. Between December 27 and December 29, 2023, the company repurchased a total of 58,000 shares at an average price of €16.4721 per … Read the full press release

Skanska Commits SEK 2 Billion Investment to Lindhagen’s Olivin Office Building

(IN BRIEF) Skanska is set to invest SEK 2 billion in Olivin, an office building that marks the initial phase of development in the Lindhagen neighborhood. This substantial investment also includes a construction contract valued at approximately SEK 1 billion, … Read the full press release

Outokumpu Completes Share Repurchases, Holds 25.9 Million Treasury Shares

(IN BRIEF) On December 28, 2023, Outokumpu concluded its share repurchase program, acquiring a total of 169,699 of its own shares across various trading venues. The buyback program, which had a maximum limit of 11 million shares and was authorized … Read the full press release

EQT AB Increases Total Shares to 1.25 Billion in December 2023

(IN BRIEF) EQT AB (publ) (“EQT”) has reported that as of December 29, 2023, the total number of shares amounts to 1,245,929,967, with 1,244,700,306 being ordinary shares and 1,229,661 being class C shares, resulting in a total of 1,244,823,272.10 votes. … Read the full press release

Vienna Stock Exchange in 2023: Resilience Amid Economic Challenges and Record Bond Listings

(IN BRIEF) The Vienna Stock Exchange faced a challenging year in 2023, marked by high interest rates, persistent inflation, and geopolitical tensions that impacted European stock markets. Despite these unfavorable conditions affecting trading activity, the exchange achieved a record year … Read the full press release

Deutsche Telekom Introduces AI-Powered App Security Service to Safeguard Business Cell Phones

(IN BRIEF) Deutsche Telekom has launched the APPVISORY Secure App Check service, leveraging artificial intelligence (AI) technology to enhance the security of business cell phones and tablets. This service automatically scans applications for security and data protection vulnerabilities, offering real-time … Read the full press release

EBRD Grants $10 Million Loan to Atameken-Agro for Agricultural Modernization and Environmental Enhancement in Kazakhstan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a $10 million loan to Atameken-Agro, a leading agricultural holding in Kazakhstan, to support the modernization and environmental improvement of its agricultural machinery. This initiative aims to enhance … Read the full press release

European Investment Bank and Bank of Georgia Partner to Boost Green Investments and SME Growth with €50 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has inked a €50 million loan agreement with the Bank of Georgia, aimed at supporting small and medium-sized enterprises (SMEs) and mid-cap companies, while also promoting sustainable economic recovery and growth. Notably, a … Read the full press release

Outokumpu Completes Share Repurchase, Adding 158,885 Treasury Shares

(IN BRIEF) On December 27, 2023, Outokumpu finalized its share repurchase program, acquiring its own shares as per the following breakdown: 58,492 shares on CEUX at a weighted average price of EUR 4.5323 per share, 99,377 shares on XHEL at … Read the full press release

Terna Gains Approval for €8 Million Underground Power Line to Boost Energy Security in La Spezia

(IN BRIEF) The Minister of Environment and Energy Security has granted authorization for Terna’s new electricity connection project linking La Spezia and Arcola (SP). With an investment of 8 million euros, the project will involve the construction of a 4.3 … Read the full press release

Nordic Investment Bank and Wellbeing Services County Collaborate on €70 Million Hospital Expansion in Finland

(IN BRIEF) The Nordic Investment Bank (NIB) has entered into a 20-year EUR 70 million loan agreement with the Wellbeing Services County (WSC) of North Savo, Finland, to fund the expansion and renovation of the “Uusi Sydän” central hospital and … Read the full press release

ORLEN Group Embraces Virtual Power Plant Technology for Enhanced Energy Management

(IN BRIEF) The ORLEN Group is embarking on a groundbreaking initiative to introduce Virtual Power Plant (VPP) technology, which will centralize the coordination of power generation sources throughout the country via a central control system. This innovative project aims to … Read the full press release

ING Repurchases Nearly 15 Million Shares in €2.5 Billion Buyback Program

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced that it has successfully repurchased 14,925,745 shares during the week of December 18 to December 22, 2023, as part of its €2.5 billion share buyback program initiated on November 2, 2023. These shares were acquired … Read the full press release

Eni Achieves Record Gas Introduction Milestone at Congo LNG Project

(IN BRIEF) Eni has announced a significant achievement in its Congo LNG project, with the successful introduction of gas into the Tango Floating Liquefied Natural Gas (FLNG) facility moored in Congolese waters, just twelve months after the final investment decision. … Read the full press release

Elli Expands European E-Mobility Network to Over 600,000 Charging Points

(IN BRIEF) In a significant move to boost electric mobility in Europe, Elli (Volkswagen Group Charging) has expanded its charging network to offer access to more than 600,000 charge points across 27 European countries. This expansion is part of Elli’s … Read the full press release

Kosovo Family’s Sustainable Heating Journey: A Green Investment with EBRD’s Support

(IN BRIEF) In central Kosovo’s village of Koshare, the Sopa family, like many others, used to spend a significant amount on wood for heating their home during harsh winters. Seeking a more sustainable and cost-effective solution, Florim Sopa invested nearly … Read the full press release

EBRD Partners with Bank Eskhata to Bolster Tajik Businesses with $5 Million Loans

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is collaborating with Tajikistan’s largest private lender, Bank Eskhata, to enhance the sustainability of Tajik businesses. Under their risk-sharing agreement, EBRD will share half the risk on two loans totaling … Read the full press release

EBRD and EU Partner with ProCredit Bank to Boost Georgian MSMEs with $10 Million Loan for Green Investments

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are intensifying their support for micro, small, and medium-sized enterprises (MSMEs) in Georgia through a partnership with ProCredit Bank. ProCredit Bank, a trusted EBRD partner … Read the full press release

EU’s €3 Million Injection Powers Energy Efficiency in Ukrainian Public Buildings

(IN BRIEF) The European Investment Bank (EIB) has allocated €3 million to the Ukrainian government as part of the EIB Ukraine Solidarity Urgent Response package. The funds will be used to implement energy-saving renovations in 18 public healthcare and educational … Read the full press release