(IN BRIEF) Faktoro, a leading non-bank business financier in Lithuania, has entered into a guarantee agreement with the European Investment Fund (EIF) to provide up to €55 million in new financing for more than 800 Lithuanian companies. The funding, supported … Read the full press release
(IN BRIEF) The European Investment Bank Group (EIB Group) is set to expand its presence in the European Union by opening a new office in Nicosia, Cyprus. This decision was revealed during discussions between EIB Group President Nadia Calviño and … Read the full press release
(IN BRIEF) A new study from the European Investment Bank (EIB) Group has found that its financial support significantly boosts growth and productivity for small and medium-sized enterprises (SMEs) and mid-cap companies across Europe. Companies receiving EIB loans reported a … Read the full press release
(IN BRIEF) Digi Communications N.V. held its general shareholders’ meeting (GSM) today, announcing significant resolutions and the availability of its 2023 Annual Report. Key decisions include: Adoption of the 2023 Annual Accounts. Approval of a gross dividend of 1.25 RON … Read the full press release
Posted in Belgium, Business, Financial, Investment, Italy, Management, Netherlands, News, Portugal, Romania, Spain, Technology, Telecom
Tagged 2023 Annual Report, Amsterdam Freshfields Bruckhaus Deringer LLP, Board of Directors, Bogdan Ciobotaru, Bucharest Stock Exchange, Class A shares, Class B shares, Convocation notice, Digi, Digi Communications, DIGI Group, digi romania, Digi Spain, Digi Spain Telecom S.L.U., DIGI symbol, dividends, Emil Jugaru, General Shareholders Meeting, GSM, Investor Relations, investors, IPO, Jose Manuel Arnaiz de Castro, KPMG N.V., Marius Catalin Varzaru, market, mobile services, OGMS, resolutions, Romania, Romanian Financial Supervisory Authority, romanian telecommunications provider, Serghei Bulgac, shareholders, shares, Spain, Telecom Market, telecommunication infrastructure, TELECOMMUNICATION PROVIDER, telecommunications, telecommunications services, Valentin Popoviciu, Zoltan Teszari
(IN BRIEF) Thales has become the first company to receive a Design Verification Report (DVR) from the European Union Aviation Safety Agency (EASA) for Light UAS SAIL III, using its ScaleFlyt avionics in the Aeromapper AVEM 300 CERBERE UAV. This … Read the full press release
Posted in Aviation & Aerospace, Defence, France, Government, Industrial, Technology
Tagged Aeromapper AVEM 300 CERBERE UAV, avionics, Centaurium UAS, civil drone market, Design Verification Report, Detection, DGAC, DVR, EASA, European Union Aviation Safety Agency, INNOVATION, Light UAS, Marc Duval-Destin, medium-risk conditions, ONERA, PHYDIAS R&T project, SAIL III, SAIL IV, ScaleFlyt avionics, SORA, Specific Assurance Integrity Level, Specific Operations Risk Assessment, surveillance, Thales, UAS100
(IN BRIEF) Infineon Technologies AG has launched the AIROC™ CYW5591x Connected Microcontroller (MCU) product family, featuring Wi-Fi 6/6E and Bluetooth® Low Energy 5.4, to create efficient and compact IoT devices. This new MCU family supports rapid development with Infineon’s ModusToolbox™ … Read the full press release
Posted in Electronics & Machinery, Germany, Industrial, Technology
Tagged AIROC CYW5591x, alpha customers, Arm Cortex M33, AzureWave, Bluetooth Low Energy 5.4, Bluetooth stack, Cloud, Connected Microcontroller, connectivity, development, GPIO, Industrial, Infineon Technologies AG, IoT devices, Linux host drivers, low-power solutions, Masatomo Hashimoto, Mason Lin, Matter software, MCU, ModusToolbox, Murata, Patrick Lin, Peripherals, RTOS, SECURITY, Sivaram Trikutam, smart home, USI, wearables, Wi-Fi 6, Wi-Fi 6E, wireless performance
(IN BRIEF) Holcim has acquired the Cand-Landi Group, a Swiss company known for its recycling, waste management, aggregates, and ready-mix operations, to boost decarbonization and circular construction efforts. With CHF 70 million in net sales and 250 employees, Cand-Landi will … Read the full press release
Posted in Construction, Environment, Industrial, Investment, Switzerland
Tagged 250 employees, aggregates, alternative fuels, alternative raw materials, Cand-Landi Group, circular construction, construction demolition materials, decarbonization, Eclépens plant, holcim, Miljan Gutovic, ready-mix, recycling, Switzerland, waste management
(IN BRIEF) The European Investment Fund (EIF) has provided a RON 5 million (€1 million) subordinated loan to Romanian fintech Instant Factoring IFN, marking the first InvestEU funding for a Romanian fintech and factoring company. This loan will help Instant … Read the full press release
Posted in Banks, European Union, Financial, Luxembourg, Romania, Small Business
Tagged 2021-2027, Cristian Ionescu, digital financial solutions, economic growth, EIF, European Investment Fund, Instant Factoring IFN, InvestEU funding, Marjut Falkstedt, non-bank financial institution, operational capacity, Romania, Romanian fintech, RON 5 million, small businesses, subordinated loan, underbanked businesses, €1 million
(IN BRIEF) The European Investment Bank (EIB) is providing a €1.2 billion loan to support the construction of the Thor wind farm in the Danish North Sea, developed by RWE. The 1.1 GW wind farm, consisting of 72 turbines, will … Read the full press release
Posted in Banks, Denmark, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Luxembourg
Tagged 1.1 Gigawatt, 2040, 72 wind turbines, Belgium, Danish North Sea, Denmark, Energinet, European Investment Bank, France, Germany, Great Britain, Holstebro, Ireland, Michael Müller, net zero carbon emissions, Netherlands, Nicola Beer, North Sea Energy Cooperation, Norway, RWE, Siemens Gamesa, Thor wind farm, Thorsminde, €1.2 billion loan
(IN BRIEF) Czech award-winning composer Tatiana Mikova will present her String Quartet “In Modo Lidico” at Carnegie Hall on 1st July 2024, following its successful world premiere in New York in 2021. Mikova seamlessly blends Moravian folk influences with classical … Read the full press release
Posted in Art & Culture, Awards, Czech Republic, Education, Hungary, Media
Tagged award-winning, Carnegie Hall, Chamber music, chamber music concerts, classical music, classical music composer, concert, CZECH, Czech Nonet, film music composer, film scoring, Lehner String Quartet, London College of Music, Lydian mode, Moravia, Moravian folklore, music, New York, Performance Today, Progressive Musicians Laureate Gala, recitals, String quartet, String Quartet “In Modo Lidico”, Tatiana Mikova, University of West London, USA, Weill Recital Hall, Well Recital Hall, Women composers, “In Modo Lidico, “Sinfonietta for Orchestra”, ”
(IN BRIEF) EnBW and LevertonHELM have successfully collaborated on a project to produce high-purity lithium carbonate using direct lithium extraction (DLE) from thermal water at EnBW’s geothermal power plant in Bruchsal, Germany. LevertonHELM processed the extracted lithium chloride solution to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Bart Vanden Bossche, Dr. Thomas Kölbel, electromobility, EnBW, Laura Herrmann, LevertonHELM, partnership, Stephen Elgueta Wallis, sustainability, Sustainable Lithium Production
(IN BRIEF) Thales Alenia Space has successfully launched the ASTRA 1P communications satellite from Cape Canaveral, Florida, using a SpaceX Falcon 9 rocket. Designed on the Spacebus NEO platform with all-electric propulsion, ASTRA 1P aims to deliver high-definition TV content … Read the full press release
(IN BRIEF) Volkswagen has integrated ChatGPT, an advanced AI tool, into its latest vehicle models to enhance the functionality of its IDA online voice assistant. This integration allows drivers to interact with their vehicles using natural language, expanding beyond traditional … Read the full press release
(IN BRIEF) The 16th BBVA Foundation Frontiers of Knowledge Awards ceremony, held in Bilbao, celebrated the importance of knowledge in addressing societal challenges, including climate change. BBVA Foundation President Carlos Torres Vila emphasized the need for attracting talent and capital … Read the full press release
(IN BRIEF) ANDRITZ has been contracted by Sioen Technical Felts to supply a needlepunch line for their Liège, Belgium plant, allowing the production of heavy fabrics in a single step. This will enhance the quality by reducing delamination risks and … Read the full press release
Posted in Austria, Belgium, Business, Environment, Financial, Government, Industrial, Investment, Management, News, Technology
Tagged Andritz, Belgium, needlepunch line, partnership, Sioen Technical Felts, sustainability
(IN BRIEF) Ferrovie dello Stato Italiane S.p.A. (FS Group) has signed its largest ever financial deal, a €3.5 billion committed and revolving credit facility with a three-year term. The credit line, secured with nine banks including Banca Popolare di Sondrio, … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News
Tagged Banca Popolare di Sondrio, BNL-BNP Paribas, BPER, CaixaBank, Cassa Depositi e Prestiti, Crédit Agricole CIB, credit facility, FS Group, ING, Intesa Sanpaolo - Divisione IMI/CIB, partnership, sustainability, UNICREDIT
(IN BRIEF) Centrica has introduced Energised Futures, a new start-up venture aimed at simplifying and reducing the cost of energy for consumers. The venture will combine research, innovation, and development expertise from various Centrica brands, including British Gas and Hive, … Read the full press release
(IN BRIEF) EMPA researchers are developing a new diagnostic procedure using dark-field X-ray imaging to determine the structure and composition of kidney stones, potentially reducing the need for invasive surgeries. Supported by the Maiores Foundation, this technology aims to provide … Read the full press release
(IN BRIEF) Henry Searle, an 18-year-old talent from Loughborough University National Tennis Academy (LUNTA), has been granted a wildcard entry to compete in the singles main draw at Wimbledon this summer. The tournament runs from July 1 to July 14. … Read the full press release
(IN BRIEF) Stockholm Exergi Holding AB, a major energy provider in Stockholm, plans to implement a Bio-energy with Carbon Capture and Storage (BECCS) project at its Värtaverket energy plant. This initiative aims to capture and store 800,000 tonnes of biogenic … Read the full press release
(IN BRIEF) CapMan Residential Fund has expanded its portfolio with a new investment in Ursvik, Sundbyberg, acquiring a forward funding project comprising 289 rental apartments and amenities like an underground parking garage with EV chargers. This strategic move, managed by … Read the full press release
(IN BRIEF) CapMan Real Estate has finalized a 20-year lease agreement with Nobis Hospitality Group to develop the Solna Kasernen 1 property in Stockholm’s Royal Haga project into a luxurious hotel, spa, and conference facility. Located in Hagaparken, the site … Read the full press release
Posted in Business, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Real Estate, Sweden
Tagged CapMan Real Estate, Nobis, partnership, Solna Kasernen 1, Stockholm, sustainability
(IN BRIEF) BBVA has completed the sale of the ‘Estoril Project,’ a portfolio of unsecured non-performing loans totaling €270 million, to AXACTOR. This transaction is part of BBVA’s strategy to optimize its balance sheet and improve its non-performing loan ratio … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Spain
Tagged 'Estoril Project, acquisition, AXACTOR, BBVA, Spain
(IN BRIEF) Vattenfall recently participated in a Paris event hosted by French Minister Christophe Béchu, focusing on improving women’s access to careers in energy and ecology transition. Through their partnership with Marie Claire’s “Act for Equality,” Vattenfall highlighted their commitment … Read the full press release
(IN BRIEF) Hindalco Industries Limited, a key player in aluminum and copper production, has awarded Metso a significant contract to build India’s first electronic waste recycling facility near their Birla copper unit in Gujarat. This greenfield project aims to annually … Read the full press release
(IN BRIEF) SGS has formed a partnership with Jetoil, a leading fuel retailer in Greece with 113 gas stations. Through this collaboration, SGS will implement its Fuel Quality Certification Program, known as the Seal of Quality, across all Jetoil stations. … Read the full press release
(IN BRIEF) SGS has expanded its laboratory in Birsfelden, Switzerland, to offer comprehensive stability studies as part of its biopharmaceutical service portfolio. Effective February 2024, the enhanced facility provides integrated services including controlled temperature storage and various analytical tests, ensuring … Read the full press release
(IN BRIEF) Ørsted and Nuveen Infrastructure have achieved a significant milestone with the installation of the first wind turbine at the Borkum Riffgrund 3 offshore wind farm in Germany. Once completed, this 913 MW project will be Germany’s largest offshore … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Borkum Riffgrund 3 Offshore Wind Farm, Felix Gschnell, Germany, Jordi Francesch, Nuveen Infrastructure, partnership, Peter Obling, sustainability, turbine, Ørsted
(IN BRIEF) H&M, alongside Ev Bravado and Téla D’Amore, celebrated their collaborative collection inspired by Jean-Michel Basquiat in Paris. The event gathered celebrities, artists, and industry insiders to showcase the fusion of Basquiat’s art with modern fashion. Guests participated in … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Financial, France, Government, Industrial, Investment, Management, Media, News, Sweden
Tagged Basquiat Collection, Ev Bravado, H&M, Jean-Michel Basquiat, Parisian Showcase, partnership, Téla D’Amore
(IN BRIEF) Iberdrola has launched the “La Vera Carbon2Nature” project in Jaraíz de la Vera, Spain, aiming to manage 1,499 hectares of pastureland over 50 years. The project involves planting more than 700,000 trees to restore a dehesa ecosystem and … Read the full press release
(IN BRIEF) Roche has introduced the VENTANA® Kappa and Lambda Dual ISH mRNA Probe Cocktail assay, the first clinically approved in-situ hybridisation (ISH) test of its kind. Designed to enhance sensitivity in diagnosing B-cell lymphoma, the assay helps differentiate cancerous … Read the full press release
(IN BRIEF) Heidelberg Materials has announced the commencement of the sixth edition of the Quarry Life Award, a global competition spanning over 15 countries. With a prize pool of €300,000, the award invites researchers, students, communities, NGOs, and nature enthusiasts … Read the full press release
Posted in Awards, Business, Construction, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Science, Technology
Tagged Awards, biodiversity, BirdLife International, Dr Nicola Kimm, Heidelberg Materials, partnership, Sixth Quarry Life Award, sustainability, Sustainable Quarry Management
(IN BRIEF) Al Jazeera’s documentary “101 East – India’s Women Combat Fighters,” by Rudraneil Sengupta and Sreya Banerjee, has been awarded the Women’s Solutions Reporting Award at the 2024 One World Media Awards. The film highlights the courageous journey of … Read the full press release
Posted in Awards, Banks, Business, Financial, Government, Industrial, Luxembourg, Management, Media, News
Tagged "101 East, 2024 One World Media Awards, Al Jazeera, Awards, EIB, India’s Women Combat Fighters", leadership, Nadia Calviño, Rudraneil Sengupta, Sreya Banerjee, Vivienne Francis, Women’s Solutions Reporting Award, Yasmine Pagni
(IN BRIEF) The European Investment Bank Group (EIB Group) and Spain’s Ministry of Economy, Trade, and Enterprise have launched the Regional Resilience Fund, aimed at channeling Next Generation EU loans into key projects within the Spanish Autonomous Communities. This initiative … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Spain
Tagged EIB Group, investments, Jean-Christophe Laloux, partnership, SMEs, Spain, sustainability
(IN BRIEF) The European Investment Bank (EIB) and the Iren Group have signed a €200 million financing agreement to enhance electricity infrastructure in Parma, Turin, and Vercelli. The project focuses on increasing grid resilience, digitizing services, and improving electricity consumption … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged EIB, electricity infrastructure, Iren Group, Italy, Modernizing, partnership, sustainability
(IN BRIEF) IKEA, in partnership with Scania Group and transporter KLOG, is launching heavy-duty electric vehicles for transporting its products in Portugal. Starting in late June, these vehicles will move goods from the IKEA Industry factory in Paços de Ferreira … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Retail, Sweden, Transportation & Logistics
Tagged Dariusz Mroczek, Egídio Lopes, Evalena Falck, IKEA, KLOG, partnership, PORTUGAL, Scania Group, sustainability, sustainable transport
(IN BRIEF) ZF LIFETEC, a division of ZF Group based in Alfdorf, Germany, has introduced advanced dual contour airbag technology aimed at enhancing safety in automated driving scenarios. The dual contour airbag adjusts its size and inflation pressure based on … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged automated driving, Dual Contour Airbag, Harald Lutz, safety, ZF, ZF LIFETEC
(IN BRIEF) Logicor, a key player in European logistics real estate, has commenced construction on a state-of-the-art logistics facility in Backa, Gothenburg, Sweden. This project marks Logicor’s strategic expansion in Sweden, aiming to meet the high demand for modern, sustainable … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden, Technology, Transportation & Logistics, United Kingdom
Tagged Christoffer Walljaeger, Gothenburg, Logicor, Logistics Facility, Mattias Tykesson, partnership, sustainability, Sweden
(IN BRIEF) Grupo Oesía and Thales have finalized a strategic collaboration agreement at the Eurosatory fair in Paris, aimed at advancing technology development in defence, security, aerospace, naval, digital transformation, and cybersecurity sectors. The partnership seeks to integrate their respective … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Spain, Technology
Tagged Defence, Grupo Oesía, Luis Furnells, partnership, Pascale SOURISSE, Security Technologies, Spain, Thales
(IN BRIEF) Amey has secured a new £30 million contract with Northern Ireland’s Department for Infrastructure Rivers to provide civil engineering consultancy and water management services over up to five years. The contract includes improving watercourses, constructing flood defenses, and … 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)
