Author Archives: EuropaWire PR Editor

EIF and Catalan Finance Institute Partner to Fund Sustainability Projects for SMEs in Catalonia

(IN BRIEF) The European Investment Fund (EIF) and Catalan Finance Institute (ICF) have signed a €40 million guarantee agreement under the InvestEU programme to support sustainability projects by SMEs and mid-caps in Catalonia. The agreement will enable ICF to mobilize … Read the full press release

EU-Backed €16.5 Million Investment to Revitalize Public Transport in Ukraine’s Key Cities

(IN BRIEF) The European Investment Bank (EIB) has provided €16.5 million in EU-backed funding to modernize public transport systems in Kyiv, Mykolaiv, Ivano-Frankivsk, and Odesa. Part of the EIB’s Ukraine Solidarity Urgent Response package, this investment will supply new buses, … Read the full press release

EIB Provides €700 Million in Loans to Support EDP’s Renewable Energy and Power Grid Expansion Projects

(IN BRIEF) The European Investment Bank (EIB) has granted €700 million in loans to EDP SA to advance renewable energy and modernize power grids in southern Europe. A €500 million loan will help EDP Renewables deploy 1,943 MW of solar … Read the full press release

Swedish Cleantech Innovator Secures €22.5 Million EIB Funding to Combat PFAS Water Contamination

(IN BRIEF) Swedish cleantech company Chromafora has secured a €22.5 million loan from the European Investment Bank (EIB) to advance its SELPAXT technology, which removes harmful PFAS chemicals from water. Backed by InvestEU, the funding will support the deployment of … Read the full press release

Thales Introduces Advanced Vehicle Access Solutions with Digital Car Key and NFC CARd Key

(IN BRIEF) Thales has introduced an advanced vehicle access solution combining digital car keys with the newly launched NFC CARd Key, designed to enhance convenience and security in the automotive industry. The digital key, compliant with Car Connectivity Consortium (CCC) … Read the full press release

Roche Shares Promising Phase IIb PADOVA Study Results for Prasinezumab in Early-Stage Parkinson’s Disease

(IN BRIEF) Roche has announced results from the Phase IIb PADOVA study evaluating prasinezumab in 586 individuals with early-stage Parkinson’s disease. While the primary endpoint of time to confirmed motor progression narrowly missed statistical significance, promising efficacy trends were observed, … Read the full press release

HOCHTIEF Retains Place in Dow Jones Sustainability Indices for 19th Consecutive Year

(IN BRIEF) HOCHTIEF Group has been included in the prestigious Dow Jones Sustainability World and Europe Indices for the 19th consecutive year, recognizing its leadership in environmental, social, and governance (ESG) performance. The company improved in key areas such as … Read the full press release

DHL eCommerce and CTT Expresso Join Forces to Create the Leading E-Commerce Delivery Network in Iberia

(IN BRIEF) DHL eCommerce and CTT Expresso have partnered to create the largest pick-up and delivery network across Spain and Portugal, aiming to handle over 1 million daily shipments and enhance e-commerce logistics for B2B and B2C markets. As part … Read the full press release

BAE Systems Leads Stratospheric Breakthrough with PHASA-35 Solar-Powered Aircraft

(IN BRIEF) BAE Systems’ PHASA-35, a solar-powered High Altitude Pseudo Satellite (HAPS), has successfully completed a series of test flights at Spaceport America, New Mexico, reaching altitudes of over 66,000 feet and demonstrating rapid reusability by relaunching within two days. … Read the full press release

BASF and Partners Use AI to Enhance Plastic Recycling Efficiency and Quality

(IN BRIEF) BASF, alongside partners Endress+Hauser, TechnoCompound, and the Universities of Bayreuth and Jena, is leading the SpecReK project to enhance the mechanical recycling of plastics using advanced spectroscopic technology and AI. Funded by the German Federal Ministry of Education … Read the full press release

Volkswagen Group and PowerCo Partner with Patriot Battery Metals to Secure Lithium Supply for EV Battery Production

(IN BRIEF) Volkswagen Group and PowerCo have partnered with Patriot Battery Metals to secure a long-term supply of lithium for EV battery production. Volkswagen is investing $48 million for a 9.9% equity stake in Patriot and has signed a 10-year … Read the full press release

Luxembourg Future Fund 2 Partners with Shift4Good to Drive Transport Decarbonization

(IN BRIEF) The Luxembourg Future Fund 2 (LFF2), a €200 million joint initiative by SNCI and the EIF, has invested in Shift4Good, a venture capital fund dedicated to decarbonizing the transport sector. Shift4Good, an Article 9 impact fund under the … Read the full press release

MAHLE Earns Prestigious “Leading Companies” Award for Excellence in ESG Transparency

(IN BRIEF) MAHLE has received the ESG Transparency Award 2024 from EUPD Research, earning the highest possible excellence rating with a score of 86% for its 2023 sustainability report. The award highlights MAHLE’s leadership in integrating transparent and forward-thinking sustainability … Read the full press release

Fugro Secures €400 Million Financing Package with Improved Terms to Support Strategic Growth

(IN BRIEF) Fugro has secured a new €400 million financing package, consisting of a €100 million term loan and a €300 million revolving credit facility with improved terms and a five-year maturity, extendable by up to two years. This replaces … Read the full press release

Wood Achieves $920 Million in Contracts Across Middle East, Driving Energy Transition and Local Talent Development

(IN BRIEF) Wood achieved a record-breaking $920 million in contracts across the Middle East in 2024, covering key markets like Saudi Arabia, Iraq, and the UAE. Projects include pre-FEED work for Aramco, integrated design and construction support for TotalEnergies, and … Read the full press release

Swisscom Expands Data Centre Network with New Facility in Western Switzerland

(IN BRIEF) Swisscom has expanded its data centre infrastructure in Western Switzerland by acquiring Philip Morris Products S.A.’s Bonvillars data centre near Yverdon-les-Bains. This move addresses the growing demand for secure and flexible colocation services while ensuring data storage remains … Read the full press release

University of Helsinki Reinvents Doctoral Training with National Pilot Program

(IN BRIEF) The University of Helsinki has launched a Doctoral Education Pilot to modernize doctoral training in response to societal and career demands. Part of a national program funding 1,000 three-year doctoral positions, the pilot aims to enhance researchers’ skills, … Read the full press release

Henkel Partners with U.S. Soccer to Advance the Sport Across All Levels

(IN BRIEF) Henkel has partnered with the U.S. Soccer Federation in a multi-year collaboration, becoming the Presenting Partner of the Young Player of the Year Awards and Community Youth Soccer Clinics and a Supporting Partner of the Arthur M. Blank … Read the full press release

University of York Leads £31 Million Initiative to Transform Adult Social Care Research

(IN BRIEF) The University of York has assumed a leading role in advancing adult social care research, with Professor Yvonne Birks becoming the first director of the National Institute for Health and Care Research (NIHR) School for Social Care Research … Read the full press release

Momentum’s Green Tech Fund Secures Backing from European Investment Fund

(IN BRIEF) The European Investment Fund (EIF) has committed NOK 295 million (€25 million) to Momentum III, a Norwegian fund targeting early-stage climate tech companies in the Nordics and EU-27. Backed by the European Commission’s InvestEU initiative, the fund will … Read the full press release