(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is spearheading efforts to tackle water treatment and environmental challenges in Aktobe, Kazakhstan’s fourth-largest municipality, through the financing of a new wastewater treatment plant and associated infrastructure. With a sovereign … Read the full press release
Posted in Banks, Business, Construction, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Aktobe, EBRD, JSC Aqtobe Su-Energy Group, Kazakhstan, modernization, partnership, sustainability, wastewater treatment plant
(IN BRIEF) The European Investment Bank (EIB) has approved a €700 million green loan to facilitate the expansion of Iberdrola’s electricity distribution grid in Spain, aiming to enhance the integration of renewable energy sources and enable new uses such as … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is aiding the growth of Araltuz, a prominent salt producer in Kazakhstan, by providing a convertible loan of up to KZT 5.5 billion. This funding will facilitate the modernization of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Araltuz, EBRD, Kazakhstan, partnership, Production Facility Upgrades, sustainability
(IN BRIEF) During his second visit to wartime Ukraine, the First Vice President of the European Bank for Reconstruction and Development (EBRD), Jürgen Rigterink, emphasized the EBRD’s ongoing commitment to supporting Ukraine’s real economy and reform agenda. With more than … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Ukraine, United Kingdom
Tagged Andriy Pyshnyy, Denys Shmyhal, EBRD, economy, Irina Kravchenko, Jürgen Rigterink, Lesya Kuzmenko, Matteo Patrone, Oleksandr Kubrakov, PrivatBank, Serhii Marchenko, UKRAINE, War Challenges
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a collaboration with NLB Komercijalna Banka (NLBKBB) in Serbia, providing a €15 million loan to support local small and medium-sized enterprises (SMEs). NLBKBB will utilize the loan to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Serbia, Small Business, United Kingdom
Tagged EBRD, Financial, NLB Komercijalna Banka, partnership, SERBIA, SMEs, sustainability
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 50 million loan agreement with Nefab Group AB, a Swedish industrial packaging company, to facilitate its acquisitions of US PolyFlex Products Inc. and Swiss Cargopack group AG, as well … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged acquisitions, Nefab Group, NIB, partnership, Patrick Nylund, sustainability, Sweden, Swiss Cargopack group AG, US PolyFlex Products Inc.
(IN BRIEF) The European Investment Bank (EIB) has granted a €22 million loan to Malita Investments plc, in collaboration with the Government of Malta, to address housing shortages in the country. This funding, along with a previous agreement, will support … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Malta, Management, News
Tagged EIB, Gelsomina Vigliotti, housing construction, Malita Investments plc, Malta, Marlene Mizzi, partnership, Roderick Galdes, sustainability
(IN BRIEF) BBVA Group announces the establishment of BBVA Global Wealth Advisors, Inc. in Miami, Florida, catering to high net-worth Latin American clients seeking international investment advisory solutions in the United States. The service targets non-US resident clients with assets … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Spain
Tagged BBVA, Florida, Global Wealth Services, Jaime Lázaro, Miami, Murat Kalkan, partnership
(IN BRIEF) Nordic Investment Bank (NIB) has signed a 7-year loan agreement to support ferry and express boat operator Norled AS in its investments towards zero and low carbon vessels and associated land-based infrastructure in Norway from 2024 to 2030. … Read the full press release
Posted in Banks, Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Transportation & Logistics
Tagged Harald Rokke, Maritime Transition, NIB, Norled AS, Norway, partnership, sustainability
(IN BRIEF) HeavyFinance announces a €50 million fundraising for a private credit fund aimed at supporting European agricultural SMEs with tailored finance solutions to advance decarbonization efforts. With the EIF committing €20 million as a cornerstone investor and support from … Read the full press release
Posted in Agriculture, Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, News, Poland, Portugal, Small Business
Tagged agriculture, Bulgaria, EIF, Europe, HeavyFinance, Laimonas Noreika, Latvia, Lithuania, Marjut Falkstedt, Paolo Gentiloni, partnership, Poland, PORTUGAL, sustainability
(IN BRIEF) The European Investment Fund (EIF), supported by the InvestEU programme, has entered a portfolio guarantee agreement of €10.5 million with 123 Investment Managers (123 IM) to facilitate up to €15 million in new financing for small businesses and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged 123 IM, EIF, financing, France, Marc Guittet, Marjut Falkstedt, partnership, SMEs, sustainability
(IN BRIEF) Maya Kuvakova’s entrepreneurial journey began in a small kitchen in the Kyrgyz Republic, where she crafted dumplings to support her family while on maternity leave. Today, her company, Maminy retsepty, stands as a major producer of semi-finished foods … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Corporation, EBRD, Journey to Success, kitchen, Kyrgyz Republic, Maminy retsepty, Maya Kuvakova, partnership, sustainability
(IN BRIEF) Evonik, Germany’s second-largest chemical company, has secured a €500 million framework loan from the European Investment Bank (EIB) to accelerate its sustainable transformation. The financing will support Evonik’s Next Generation Solutions portfolio, which focuses on energy-efficient, bio-based, and … Read the full press release
Posted in Banks, Business, Chemicals, Economy, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged EIB, Evonik, Germany, Maike Schuh, Nicola Beer, partnership, sustainability, sustainable transformation
(IN BRIEF) Rothesay, the UK’s leading pensions insurance specialist, has agreed to acquire Scottish Widows’ in-force bulk annuity portfolio from Lloyds Banking Group for approximately £6 billion. The transaction covers the pension benefits of around 42,000 individuals. This move aligns … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has embarked on its largest-ever financing agreement for Mongolia, injecting €54.4 million into a groundbreaking initiative. This initiative aims to address the degradation of Mongolia’s grasslands by promoting sustainable urban development and supporting … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, EU bank, H.E. Axelle Nicaise, investment, Javkhlan Bold, Mongolia, Myagmarjav Ganbaatar, partnership, sustainability, sustainable development, Teresa Czerwinska, Ukhnaagin Khurelsukh
(IN BRIEF) The European Investment Fund (EIF) has committed €400 million to bolster France Active’s endeavors in financing socially responsible French enterprises. This collaboration involves a €45 million guarantee from EIF and a €355 million counter-guarantee for bank loans facilitated … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Ambroise Fayolle, Ananth Purushothaman, EIF, France Active, Françoise Candier, partnership, Pierre-René Lemas, SMEs, social enterprises, sustainability, Vanessa Krycève
(IN BRIEF) Unreasonable Impact, a collaboration between Unreasonable Group and Barclays, has unveiled 13 new ventures joining its UK & Europe programme, each dedicated to tackling pressing global challenges. The ventures, ranging from food waste reduction to sustainable reforestation and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Society, United Kingdom
Tagged 13 Ventures, Barclays, Climate, Daniel Epstein, Deborah Goldfarb, Max Gulde, partnership, Social Challenges, sustainability, Unreasonable Group, Unreasonable Impact UK & Europe Programme
(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a EUR 125 million 8-year loan agreement with Finnish company Valmet Oyj to support its research and development (R&D) initiatives in Finland and Sweden from 2023 to 2025. Valmet, a global … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged André Küüsvek, INNOVATION, Janne Pynnönen, Nordic Investment Bank, partnership, sustainability, Sweden, Valmet Oyj
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), with support from the European Union (EU) and Sweden, is extending an €8 million loan to ProCredit Bank in Georgia to boost lending to women-led micro, small, and medium-sized enterprises … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged businesses, EBRD, empower women, EU, GEORGIA, leadership, partnership, ProCredit Bank, SMEs, sustainability
(IN BRIEF) Prudence Foundation, in collaboration with the Malaysian Red Crescent (MRC), is launching the ‘Safe Schools, Safe Kids’ programme across Malaysia to empower students aged 10-15 with crucial health and safety skills. The initiative aims to equip children with … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Government, Industrial, Investment, Management, News, Non Profit, Security & Safety, United Kingdom
Tagged Diana Guzman, Malaysia, Malaysian Red Crescent, partnership, Prudence Foundation, Prudential, SAFE STEPS Kids, Safeguard Students, sustainability, Tuan Haji Hakim Haji Hamzah, wellbeing, ‘Safe Schools Safe Kids’
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