(IN BRIEF) Crédit Agricole Assurances has invested in Scope Group, joining other major French financial institutions like AXA and BPCE in supporting Europe’s only independent rating agency accepted by the European Central Bank. This investment is part of broader efforts … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged Credit Agricole, Crédit Agricole Assurances, Europe, Financial, Florian Schoeller, Germany, Nicolas Denis, partnership, Scope Group, sustainability
(IN BRIEF) The EBRD Board of Directors will visit Estonia from 15-17 September and Latvia from 17-20 September 2024 for consultations with senior government officials, business leaders, and international partners. The delegation will review EBRD-funded public and private projects, with … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, Financial, Industrial, Investment, Latvia, Management, News, Technology, United Kingdom
Tagged Arvils Aseradens, EBRD, Estonia, investment, Latvia, Madis Muller, partnership, sustainability
(IN BRIEF) EIB Vice President Ioannis Tsakiris praised the collaboration between the European Investment Bank (EIB) and ESB in supporting Ireland’s National Smart Metering Programme. Backed by €450 million in EIB funding, the initiative aims to help 2 million Irish … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged EIB, ESB, Ioannis Tsakiris, Ireland, Paul Stapleton, Smart Metering Programme
(IN BRIEF) Danish foodtech start-up MATR Foods has received a €20 million loan from the European Investment Bank (EIB) to expand its production of plant-based meat alternatives. Backed by the European Commission’s InvestEU initiative, the funding will help MATR build … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Denmark, EIB, Ioannis Tsakiris, MATR Foods, partnership, Plant-Based Meat Production, Randi Wahlsten, sustainability
(IN BRIEF) The Nordic Investment Bank (NIB) has granted an eight-year SEK 200 million (EUR 17.05 million) loan to Bonnier Fastigheter AB to fund the refurbishment of five buildings in Stockholm and Uppsala. The renovations focus on improving energy efficiency, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Real Estate, Sweden
Tagged Bonnier Fastigheter, ENERGY, NIB, partnership, Patrick Nylund, renovations, Stockholm, sustainability, Uppsala
(IN BRIEF) Ukrgasbank and PrivatBank are the first two Ukrainian banks to join the European Bank for Reconstruction and Development’s (EBRD) Energy Security Support Facility (ESSF), unlocking €700 million in loans for energy security projects. The EBRD will provide risk-sharing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, Technology, Ukraine, United Kingdom
Tagged EBRD, energy security, partnership, PrivatBank, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced new guarantees to unlock €690 million in loans for Ukraine’s critical industries, including food security and energy, through partnerships with Ukrainian banks such as PrivatBank, Ukrgasbank, KredoBank, and … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Ukraine, United Kingdom
Tagged Bank Lviv, EBRD, KredoBank, partnership, PrivatBank, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) Two schools in Vinnytsia Oblast, Ukraine, have reopened after energy-efficient renovations funded by the European Investment Bank (EIB) under the Ukraine Recovery Programme. These upgrades, benefiting over 700 students and staff, reduce CO2 emissions and energy consumption while … Read the full press release
Posted in Banks, Business, Education, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Ukraine
Tagged Education, EIB, EU, partnership, renovation, SCHOOLS, sustainability, Teresa Czerwinska, UKRAINE, Vasyl Shkurakov, Vinnytsia Oblast
(IN BRIEF) European Investment Bank (EIB) Vice President Ioannis Tsakiris visited University College Dublin (UCD) to celebrate a 35-year partnership that has contributed €453 million towards transforming the university’s academic, scientific, and residential infrastructure. UCD President Professor Orla Feely acknowledged … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged Campus Transformation, EIB, Ioannis Tsakiris, Orla Feely, partnership, sustainability, University College Dublin (UCD)
(IN BRIEF) The Irish Department of Transport and the European Investment Bank (EIB) have announced a partnership to develop port infrastructure critical for supporting offshore wind projects in Irish waters. The collaboration, led by Minister Eamon Ryan and EIB Vice … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged EIB, infrastructure, Ioannis Tsakiris, Ireland, Minister Eamon Ryan, Offshore Wind Port, partnership, sustainability
(IN BRIEF) EIB Vice President Ioannis Tsakiris visited Ireland to discuss key investment priorities with Finance Minister Jack Chambers, focusing on social housing, energy efficiency, and innovation. They reviewed the impact of the €1.6 billion EIB investment from 2023 and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged EIB, Green Investment, Ioannis Tsakiris, Ireland, Jack Chambers, partnership, social housing, sustainability
(IN BRIEF) The European Investment Bank (EIB) is providing up to €175 million in loans to Salzburger Sparkasse and Tiroler Sparkasse to fund the construction of 1,750 affordable and energy-efficient rental flats in Salzburg and Innsbruck. The project aims to … Read the full press release
Posted in Austria, Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate
Tagged Austria, EIB, Green Homes, Innsbruck, partnership, Salzburg, Salzburger Sparkasse Bank AG, sustainabilty, Tiroler Sparkasse Bank AG
(IN BRIEF) The European Investment Bank (EIB) has provided €20.1 million to WEB Windenergie AG (W.E.B) for the construction of a new wind farm in Spannberg, Lower Austria. The project’s first phase will build four wind turbines, with plans to … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged (WEB) Windenergie AG, Austria, clean energy, EIB, partnership, sustainabilty, Thomas Östros, wind farm
(IN BRIEF) Pikart Lights, a Ukrainian lighting company based in Lviv, has overcome the challenges of Russia’s invasion with support from the European Bank for Reconstruction and Development (EBRD) and the EU. The company’s investment in new moulding technology has … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Ukraine, United Kingdom
Tagged Andriy Chuba, EBRD, partnership, Pikart, sustainabilty, UKRAINE
(NOTICIA EN BREVE) Astor Asset Management 3 Ltd, en colaboración con su equipo legal, está formando un grupo de inversores para presentar una demanda colectiva contra Ricardo Salinas Pliego y Grupo Elektra, S.A.B. de C.V. La demanda acusa al Sr. … Read the full press release
Posted in Banks, Business, Financial, Government, Investment, Law, Spain
Tagged acciones, actividades de comercio, Advance America, astor, astor asset management, Astor Asset Management 3 Ltd, class action, class action lawsuit, CNBV, Comisión Nacional Bancaria y de Valores, Corporación RBS SA de CV, Demanda, demanda colectiva, ELEKTRA, elektra.mx, fraude, grupo elektra, Grupo Elektra S.A.B. de C.V., Insider Trading, investigación, lawsuit, loans, manipulación de valores, Mexican regulatory authorities, payday loan company, pignoraciones de acciones, pledges of shares, préstamos, regulatory obligations, ricardo benjamin salinas pliego, salinas pliego, securities backed loan, Securities Fraud, securities regulations, Stock Manipulation, trades, Transparencia en el Comercio Interno
(IN BRIEF) CNP Vita Assicura, a subsidiary of CNP Assurances, has entrusted Ostrum Asset Management with a €15.6 billion asset management mandate following a competitive tender. The partnership covers fixed income, equities, and multi-asset investments, along with risk management services … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Insurance, Investment, Italy, Management, News
Tagged asset management, CNP Assurances, CNP Vita Assicura, Italy, Marco Passafiume Alfieri, Olivier Guigné, Olivier Houix, Ostrum AM, partnership
(IN BRIEF) Encavis AG has secured €61 million in project financing for its 114 MW Borrentin solar park in Germany. The financing was provided by Bayerische Landesbank and will help complete the solar park by the end of September 2024. … Read the full press release
(IN BRIEF) The Luxembourg Future Fund 2 (LFF 2) has invested an additional €5 million in the VIVES Inter-University Fund (IUF), raising the fund’s total to €75 million. VIVES IUF is an early-stage science-based fund that supports startups and spin-offs, … Read the full press release
Posted in Banks, Belgium, Business, Economy, Education, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Science, Technology
Tagged EIF, European Innovation, Eva Kremer, investment, Luxembourg Future Fund 2 (LFF 2), Marjut Falkstedt, partnership, Société Nationale de Crédit et d’Investissement (SNCI), Startup Ecosystem, sustainability, VIVES Inter-University Fund (IUF)
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has relaunched its Risk-Sharing Facility (RSF) in partnership with AccessBank to boost financing for small and medium-sized enterprises (SMEs) in Azerbaijan. Through this €15 million agreement, the EBRD will share … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged AccessBank, Azerbaijan, David Tsiklauri, EBRD, Elisabetta Falcetti, partnership, risk sharing facility, SME
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a $60 million loan to Borusan EnBW Enerji to support the development of 116 MW of onshore wind-energy capacity in Türkiye’s Sivas and Tekirdağ provinces. This investment is … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey, United Kingdom
Tagged Aida Sitdikova, Borusan EnBW Enerji, EBRD, Germany, partnership, renewable energy, sustainability, Turkey
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has extended its first sustainability-linked loan in Mongolia, providing US$ 51.7 million to MCS Coca-Cola, the country’s leading soft drink producer and distributor. This loan, supported by the FINTECC program … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged EBRD, MCS Coca-Cola, Mongolia, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) and venture capital firm LIFTT have announced a €100 million partnership to support innovation in Italy. Together, they will create LIFTT EuroInvest, a joint stock company aimed at making 20 to 30 equity … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business, Technology
Tagged EIB, Gelsomina Vigliotti, INNOVATION, Italy, LIFTT, partnership, SMEs, Stefano Buono, sustainability
(IN BRIEF) La Banque Atlantique, en collaboration avec la BEI et l’UE, a lancé un financement de 13 milliards de francs CFA (environ 20 millions d’euros) pour soutenir des entreprises sénégalaises dans les secteurs informatique, agroalimentaire et santé. Cette initiative … Read the full press release
(IN BRIEF) A recent report reveals a significant increase in online fraud involving fake websites, leading to an estimated £6.6 million in losses for UK shoppers. Scammers create counterfeit sites that mimic popular brands, luring consumers with fake discounts. Many … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Fake Website, Gavin Evans, Lloyds Bank, online fraud, scams, UK Shoppers
(IN BRIEF) SEB Asset Management has launched the SEB Montrusco Bolton Global Equity Fund in partnership with Canadian firm Montrusco Bolton. This new actively managed fund offers SEB clients access to a concentrated portfolio of global stocks selected through detailed … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Sweden
Tagged CANADA, Equity Fund, Gustaf Runius, Montrusco Bolton, partnership, SEB
(IN BRIEF) At Poland’s Economic Forum in Karpacz, the European Investment Bank (EIB) emphasized the importance of increasing investments and green financing. The EIB, led by Vice-President Teresa Czerwińska, contributed to a report by the Warsaw School of Economics focusing … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, Media, News, Poland
Tagged Cyril Rousseau, EIB, Green Investment, Poland Economic Forum, sustainability, Teresa Czerwinska
(IN BRIEF) On 5 September 2024, the European Investment Fund (EIF) announced a €35 million investment in Adara Ventures’ newly launched Energy Fund. With a target size of €120 million, the fund aims to support early-stage companies specializing in technologies … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged Adara Ventures, Alberto Echeverri, Alberto Gómez, EIF, Energy Fund, Marjut Falkstedt, partnership, Spain, sustainability
(IN BRIEF) The Herzegovina Bridge, a significant infrastructure project in Bosnia and Herzegovina, was inaugurated on September 5, 2024. Spanning nearly 1 kilometer across the Neretva River, this new bridge, part of the Corridor Vc route, aims to enhance connectivity, … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Borjana Krišto, Bosnia and Herzegovina, connectivity, economic, EIB, Herzegovina Bridge, Nermin Nikšić, partnership, Robert de Groot, Stefano Ellero, sustainability
(IN BRIEF) The Africa Venture Finance Programme (AVFP) will take place at Oxford University’s Saïd Business School from September 9 to 13, 2024. This event will bring together 44 leading African and Africa-focused venture capital fund managers to advance the … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News
Tagged Africa, Africa Venture Finance Programme (AVFP) Tech Innovation, Ambroise Fayolle, Aunnie Patton Power, EIB, gender diversity, Ido Sum from TLcom, Keet van Zyl from Knife Capital, Khaled Ben Jilani from AfricInvest, Martin Ewald, Oxford University, partnership
(IN BRIEF) Cleareye.ai has partnered with Lloyds Bank to enhance trade finance operations through advanced AI technology. Starting this month, Lloyds Bank will use Cleareye.ai’s ClearTrade platform, which employs optical character recognition (OCR), machine learning, and natural language processing to … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged AI, Cleareye.ai, INDIA, Lloyds Bank, Mariya George, modernization, partnership, Rogier van Lammeren, trade finance
(IN BRIEF) Siemens has issued a €300 million digital bond using blockchain technology, continuing its leadership in digital finance. This new bond, with a one-year maturity, was settled through SWIAT’s private blockchain and the Bundesbank Trigger Solution, significantly speeding up … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Blockchain Bond, financial innovation, Peter Rathgeb, Ralf P. Thomas, Siemens
(IN BRIEF) CTS EVENTIM, a leading ticketing service and live entertainment provider, has partnered with Tink to introduce the Pay by Bank feature for a faster and more secure payment process. This service allows users to pay directly from their … Read the full press release
Posted in Austria, Banks, Business, Entertainment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, Media, Netherlands, News, Poland, Technology, United Kingdom
Tagged Austria, CTS EVENTIM, Europe, Germany, partnership, Pay by Bank Service, Payment, Poland, Sören Kuthning, the Netherlands, Tink, UK
(IN BRIEF) BII, FMO, and the UK Government’s Foreign Commonwealth & Development Office have partnered to expand the CASA technical assistance facility, aiming to address the significant financing gap faced by agribusinesses in developing countries, particularly in sub-Saharan Africa. With … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Netherlands, News, United Kingdom
Tagged British International Investment (BII), Commercial Agriculture for Smallholders and Agribusiness (CASA), FMO, partnership, sustainability, UK Government’s Foreign Commonwealth & Development Office (FCDO)
(IN BRIEF) The Nordic Investment Bank (NIB) has provided a EUR 15 million loan to the City of Pärnu, Estonia, to fund key infrastructure projects, including the construction of a new city bridge, which will be the longest in the … Read the full press release
Posted in Banks, Business, Construction, Environment, Estonia, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged André Küüsvek, Infrastructure Project, Meelis Kukk, NIB, Pärnu, partnership, sustainability
(IN BRIEF) BBVA has received approval from the U.K.’s Prudential Regulation Authority (PRA) to take indirect control of TSB Bank, a subsidiary of Banco Sabadell. This approval is a key step in BBVA’s plan to acquire Banco Sabadell, which will … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Spain, United Kingdom
Tagged acquisition, Banco Sabadell, BBVA, partnership, TSB Bank, UK
(IN BRIEF) Resand Ltd, a Finnish company specializing in sand regeneration technology for foundries, has secured a EUR 3 million loan from Nefco, the Nordic Green Bank. This funding will help Resand expand its operations and meet the growing demand … Read the full press release
Posted in Banks, Business, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged NEFCO, partnership, Resand Ltd, Sand Recycling Technology, sustainability
(IN BRIEF) The European Investment Bank (EIB) is celebrating five years of successful operations in Bosnia and Herzegovina, during which it has provided over €900 million in financing for key infrastructure and development projects. These investments, focused on transportation, climate … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided a €50 million loan to Slovenia’s largest energy distribution company, Elektro Ljubljana, to expand and upgrade the electricity grid in the central and southeastern regions of the country. The project, which … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Infrastructure & Utilities, Slovenia
Tagged EIB, electric-vehicle charging stations, electrification, Elektro Ljubljana, energy distribution network, EU policy goals, European Investment Bank, financing, green transition, Grid Expansion, heat pumps, infrastructure upgrades, Kyriacos Kakouris, Ministry of the Environment Climate and Energy, net zero, Recovery and Resilience Plan, renewable energy, REPowerEU initiative, Slovenia, smart meters, social and territorial cohesion, sustainable development, Tina Seršen, Urban Likozar, €50 million loan
(IN BRIEF) The European Investment Bank (EIB) Group has launched a photo exhibition in Ljubljana to celebrate the 20th anniversary of Slovenia’s membership in the European Union. The exhibition, titled “Slovenia – 20 Years of Progress in the EU,” features … Read the full press release
Posted in Art & Culture, Banks, Financial, Government, Infrastructure & Utilities, Slovenia
Tagged 20th anniversary, economic growth, Education, EIB Group, EIF, EU membership, EU policy objectives, European Investment Bank, European Investment Fund, European Union, financing, Gallus Embankment, infrastructure, INNOVATION, Klemen Boštjančič, Kyriacos Kakouris, Ljubljana, low carbon economy, photo exhibit, Simon Savšek, Slovenia, social infrastructure, sustainable development
(IN BRIEF) Sanum per Fructus, a honey producer in Kragujevac, Serbia, is modernizing its operations by integrating digital technology while maintaining traditional beekeeping practices. Supported by the EBRD’s Youth in Business Programme, the company connects with local beekeepers through a … Read the full press release
Posted in Banks, Business, Financial, Investment, Serbia, Small Business, United Kingdom
Tagged Aleksandra Slavković, beekeepers, Bees, Central European Initiative, digital technology, EBRD, ecosystem health, environmental protection, European Union, honey production, INNOVATION, Italy, Kragujevac, Luxembourg, Mica Đorđević, pollination, quality assurance, Sanum per Fructus, SERBIA, sustainability, sustainable beekeeping, Sweden, tradition, Vladimir Milanović, Youth in Business Programme
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
