(IN BRIEF) DHL eCommerce has unveiled its new 25,000 m² parcel hub near Coventry Airport, marking a significant step in expanding its operations in the UK. With a focus on sustainability and advanced automation, the facility will support growing e-commerce … Read the full press release
(IN BRIEF) The fourth-generation Bentley Continental GT has been recognized with three major accolades from readers of leading publications in Germany and Switzerland. The Grand Tourer, known for its exceptional performance and luxurious craftsmanship, won top honors in the luxury … Read the full press release
(IN BRIEF) BAE Systems has been chosen to design and build the spacecraft bus for NOAA’s Space Weather Next L1 Series mission. Set for launch in 2029, the mission will enhance NOAA’s space weather forecasting capabilities and provide critical data … Read the full press release
(IN BRIEF) Eni and PETRONAS have entered into an exclusive Memorandum of Understanding to establish a joint venture holding company focused on selected upstream assets in Malaysia and Indonesia. The partnership aims to drive growth in the region, targeting a … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Italy
Tagged energy transition, exploration, gas development, Indonesia, joint venture, LNG, Malaysia, PETRONAS, production, upstream assets
(IN BRIEF) Mercedes-Benz has announced that Sagree Sardien will take over as Head of Sales & Marketing for Mercedes‑Benz Vans starting May 1st, 2025. She will succeed Klaus Rehkugler, who will move to lead the newly established Product Management area … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has committed €25 million to IPR.VC Fund III, a Finnish-based initiative focused on financing high-quality European films and TV series. This investment will help attract further financial backers to the fund, which aims … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has pledged SEK 225 million (approximately €20 million) to Behold Ventures, a Swedish venture capital fund, to support early-stage game developers in Denmark, Finland, Iceland, Norway, and Sweden. This commitment, which marks the … Read the full press release
Posted in Banks, Business, Denmark, Entertainment, European Union, Financial, Finland, Government, Iceland, Investment, Luxembourg, News, Norway, Sweden, Technology
Tagged Behold Ventures, Denmark, early stage investment, EIF, European Commission, Finland, game developers, Iceland, InvestEU, MediaInvest, Nordic gaming, Norway, Sweden, venture capital
(IN BRIEF) The European Investment Bank (EIB) and Sparkasse Bank AD Skopje have launched their collaboration under the Greening Financial Systems (GFS) technical assistance programme in Skopje. This initiative aims to foster green transformation by supporting financial institutions in North … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, News, North Macedonia, Small Business, Technology
Tagged Björn Gabriel, Climate Action, European Investment Bank, green financing, Greening Financial Systems, Nina Nedanoska, NORTH MACEDONIA, Sparkasse Bank, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €20 million loan agreement with Universal DX, a Spanish startup pioneering blood-based liquid biopsy solutions for early cancer detection. The investment will accelerate the development and commercialization of their colorectal, … Read the full press release
(IN BRIEF) The European Investment Bank (EIB Global) has committed $75 million to Helios Fund V, a private equity fund managed by Helios Investment Partners. Focusing on sectors like digital infrastructure, financial services, and tech-enabled services, the fund aligns with … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, News, Small Business, Technology
Tagged Africa, Ambroise Fayolle, David Masondo, digital infrastructure, EU-Africa Global Gateway, European Investment Bank, financial services, gender equality, Helios Fund V, Helios Investment Partners, investment, private equity, technology
(IN BRIEF) The upgrade of the Kwa-Jomvu to Mariakani road in Kenya, backed by Team Europe, will transform a two-lane highway into a four and six-lane dual carriageway, improving road safety, reducing emissions, and enhancing regional trade. The €140 million … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News
Tagged EIB Global, Emissions Reduction, EU, infrastructure, Jozef Sikela, Kenya, KfW, Kristina Laarmann, Mariakani, road upgrade, Team Europe, Thomas Östros, trade, TRANSPORT, William Ruto
(IN BRIEF) The European Investment Bank (EIB) is joining forces with Africa Finance Corporation (AFC) to finance the $750 million Infrastructure Climate Resilient Fund (ICRF), a major step towards advancing climate adaptation and sustainable infrastructure across Africa. EIB’s contribution 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 AFC, Africa, Africa Finance Corporation, Ambroise Fayolle, climate adaptation, EIB, European Investment Bank, Green Climate Fund, Infrastructure Climate Resilient Fund, Samaila Zubairu, sustainable infrastructure
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