(IN BRIEF) Societe Generale made a groundbreaking move by issuing its first digital green bond on the Ethereum blockchain, with AXA Investment Managers and Generali Investments as key investors. Valued at EUR 10 million with a 3-year maturity, this bond … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Industrial, Investment, Management, News, Technology
Tagged Digital Green Bond, ESG Traceability, Ethereum blockchain, Financial, investment, SOCIÉTÉ GÉNÉRALE, sustainability, transparency
(IN BRIEF) ING Group has received notification from the European Central Bank regarding the 2023 Supervisory Review and Evaluation Process (SREP), which has resulted in a decision on ING’s prudential requirements, including capital requirements for the year 2024. As a … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING Group, investment, Prudential Capital, Requirements
(IN BRIEF) TotalEnergies has signed an Agreement on Investment (AoI) for its Mirny project during COP28 in Dubai. This project, the largest wind energy initiative ever undertaken in Kazakhstan, will provide low-carbon electricity to over 1 million people and reduce … Read the full press release
(IN BRIEF) DHL Express has announced the appointment of new regional CEOs for its Europe and Americas regions. Mike Parra, the current Americas CEO, will take on the role of CEO for DHL Express Europe. Andrew Williams, the current CEO … Read the full press release
Posted in Business, Germany, Government, Industrial, Management, News, Transportation & Logistics
Tagged Americas, Andrew Williams, appointment, CEOs, DHL, Europe, John Pearson, leadership, Mike Parra
(IN BRIEF) Siemens AG and Intel Corporation have signed a Memorandum of Understanding (MoU) to work together in enhancing digitalization and sustainability in the field of microelectronics manufacturing. The collaboration aims to advance manufacturing processes, improve factory operations, enhance cybersecurity, … Read the full press release
(IN BRIEF) Eni, the energy company, has signed a Sustainability-Linked revolving credit line for a duration of five years, amounting to €3 billion. This credit facility is tied to two sustainability targets outlined in Eni’s Sustainability-Linked Financing Framework, which was … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Italy, Management, News
Tagged Eni, Financial, investment, renewable energy, sustainability
(IN BRIEF) José Luis Ferreira Trindade has been named the Eurojust National Member for Portugal, assuming the role starting from November 8, 2023. He succeeds António Cluny, who held the position since 2014. Prior to his appointment as National Member, … Read the full press release
Posted in Business, Government, Industrial, Law, Management, Netherlands, News, Security & Safety
Tagged António Cluny, appointment, Eurojust, José Luis Ferreira Trindade, leadership, National Member, PORTUGAL
(IN BRIEF) The European Investment Bank (EIB) Group, comprising the European Investment Bank and the European Investment Fund, has announced a partnership with Mission Innovation to promote clean energy innovation on a global scale. The collaboration aims to facilitate access … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, clean energy, EIB, EIF, Eleanor Webster, INNOVATION, Maroš Šefčovič, Mission Innovation, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced the inclusion of climate resilient debt clauses (CRDC) in new loan agreements with sovereign, sovereign-guaranteed, and municipal clients from lower-middle-income countries where it operates. These CRDCs will allow … Read the full press release
(IN BRIEF) Starting from January 1, 2024, the United Kingdom will officially become an associated country to Horizon Europe, the European Union’s research and innovation program. This milestone was achieved as the EU-UK Specialized Committee on Participation in Union Programs … Read the full press release
(IN BRIEF) During the COP 28 summit in Dubai, the European Investment Bank (EIB) and the Development Bank of Rwanda (BRD) have formalized an agreement designed to promote sustainable development in Rwanda. The €20 million line of credit, accompanied by … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Development Bank of Rwanda, EIB, partnership, sustainability, sustainable development
(IN BRIEF) The European Investment Bank (EIB) has announced an additional EUR 100 million investment for the Aqaba Amman Desalination and Water Conveyance project in Jordan. This project aims to desalinate water from the Red Sea and transport it to … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Aqaba Amman Desalination and Water Conveyance Project, European Investment Bank, Gelsomina Vigliotti, H.E. Ayman Safadi, H.E. Zeina Toukan, JORDAN, Olivér Várhelyi, partnership, Pierre-Christophe Chatzisavas, sustainability, Zeina Toukan
(IN BRIEF) The European Investment Bank (EIB) and Ørsted have inked a €400 million framework loan agreement to support the expansion of wind energy production, in alignment with the RePowerEU initiative’s objectives. This marks their fifteenth joint project, reflecting Ørsted’s … Read the full press release
Posted in Banks, Business, Denmark, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Denmark, EIB, Europe, Kasper Kiim Jensen, partnership, renewable energy, sustainability, Thomas Östros, Ørsted
(IN BRIEF) The European Investment Bank (EIB), managing the EU for Ukraine Fund, held its initial Contributors’ Committee meeting and approved its first project financing of €25 million for Ukraine’s equity growth fund, Horizon Capital Growth Fund IV (HCGF IV), … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged EIB, EU for Ukraine Fund, HCGF IV, Horizon Capital, Lenna Koszarny, partnership, SMEs, sustainability, Teresa Czerwinska, UKRAINE, Ukrainian Tech
(IN BRIEF) Molgas, a prominent player in downstream LNG and Renewable Gas supply and distribution in Western Europe, has announced key leadership changes. Fernando Sarasola, who has served as CEO since 2008, will transition to the role of Executive Chairman … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, France, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged appointment, Athanasios Zoulovits, Blue Grid, CEO, Esperanza Sanchez, Executive Chairman, Fernando Sarasola, InfraVia, Javier Romeo Montes, Juan Menchero, leadership, Molgas, Sofoklis Papanikolaou
(IN BRIEF) Rheinmetall, a Düsseldorf-based tech enterprise, has secured a significant order to provide artillery ammunition in support of Ukraine’s defensive efforts. The contract, valued at approximately €142 million, involves the supply of tens of thousands of 155mm artillery shells, … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Ukraine
Tagged artillery ammunition, partnership, Rheinmetall, UKRAINE
(IN BRIEF) Investor AB has announced the appointment of Christian Cederholm as its new President and CEO, effective from the Annual General Meeting on May 7, 2024. Cederholm, who currently serves as the Head of Patricia Industries and has been … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged appointment, CEO, Christian Cederholm, Investor AB, Jacob Wallenberg, Johan Forssell, leadership, President
(IN BRIEF) Researchers from ETH Zurich, Empa, and Stanford University have made a remarkable discovery that excited electrons can straighten the crystal lattice of perovskite nanocrystals, increasing their symmetry rather than causing disorder. This unexpected finding could pave the way … Read the full press release
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
