(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has solidified its support for Türkiye’s burgeoning technology sector by investing in Dgpays, a rapidly expanding tech firm. Partnering with Truffle Capital, the EBRD’s follow-on investment in Dgpays underscores its … Read the full press release
Posted in Banks, Business, Financial, Government, Industrial, Investment, Management, News, Technology, Türkiye, United Kingdom
Tagged Dgpays, EBRD, Holger Muent, investment, partnership, Serkan Ömerbeyoğlu, technology, Turkey
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering sustainable real estate initiatives in the Baltic states and central and eastern Europe with a €30 million investment in UAB Urban Hub Holding, a joint venture with UAB … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Lithuania, Management, News, Real Estate, Small Business, United Kingdom
Tagged BALTIC, Eastern Europe, EBRD, Giedrius Muliuolis, Lithuania, partnership, real estate, sustainability, UAB SBA Urban, UAB Urban Hub Holding, Vlaho Kojakovic
(IN BRIEF) The Martin-Behaim-Gymnasium grammar school in Nuremberg is set to transition into a new, eco-friendly building thanks to an €81 million loan from the European Investment Bank (EIB). This state-of-the-art facility, constructed with wood and equipped with solar panels, … Read the full press release
Posted in Banks, Business, Construction, Education, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Germany, green transition, Helaba Landesbank Hessen-Thüringen, Nicola Beer, Nuremberg School, partnership, Sabine Möller, Sparkasse Nürnberg, state of Bavaria, sustainability, WBG Kommunal GmbH
(IN BRIEF) Lloyds Bank makes history as the first UK bank to integrate with the WaveBL electronic trade documentation platform, revolutionizing international trade processes for its clients. By leveraging blockchain-based electronic Bills of Lading (eBLs), Lloyds Bank facilitates swift and … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is allocating €2.5 million to Kyiv Medical University (KMU) to establish a new campus in Poland, providing critical support amidst the ongoing conflict in Ukraine. With a strategic focus on … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Ukraine, United Kingdom
Tagged campus, EBRD, Kyiv Medical University, partnership, Poland, sustainability
(IN BRIEF) Garanti BBVA, a pioneer in shaping the future of the banking industry through technology, has inaugurated Garanti BBVA Technology, the largest tech center within the Turkish banking sector, also known as the “tech factory.” With a strategic focus … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Türkiye
Tagged Banking Technology Center, BBVA, Fatih Bektaşoğlu, Garanti BBVA, Garanti BBVA Technology, İlker Kuruöz, partnership, Recep Baştuğ, Turkey
(IN BRIEF) Grenada’s healthcare infrastructure is set to undergo a significant transformation with a US$ 9,970,500 loan from the Caribbean Development Bank (CDB), financed by the European Investment Bank (EIB). The project, launched in St. George’s, Grenada, aims to strengthen … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Caribbean Development Bank (CDB), EIB Dr Martin Baptiste, Grenada, Healthcare, Kristina Eisele, Malgorzata Wasilewksa, partnership, Philip A. Telesford
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is set to convene the Western Balkans Investment Summit 2024 at its London headquarters, gathering prime ministers from six Western Balkans nations alongside international investors. Scheduled for February 26, the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Media, News, United Kingdom
Tagged EBRD, green transition, partnership, sustainability, Western Balkans Investment Summit 2024
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a financing package of US$50 million (€46 million) for Banque du Caire (BDC), a prominent Egyptian bank, aimed at bolstering support for micro, small, and medium-sized enterprises (MSMEs) … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banque du Caire, EBRD, EGYPT, Jürgen Rigterink, MSMEs, partnership, sustainability, Tarek Fayed, women entrepreneurs
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a €6 million loan agreement with KAM, a leading food retailer in North Macedonia, aimed at supporting the company’s expansion plans and green initiatives. KAM intends to utilize … Read the full press release
Posted in Banks, Business, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged EBRD, KAM, NORTH MACEDONIA, partnership, sustainability
(IN BRIEF) During an informal Economic and Financial Affairs Council (Ecofin) meeting in Ghent, President Nadia Calviño of the European Investment Bank (EIB) shared an ambitious vision for the institution’s future. Emphasizing the importance of supporting Europe’s leadership in the … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Small Business, Technology
Tagged Belgium, EIB Group, Informal Ecofin Meeting, Nadia Calviño, partnership, sustainability, Vincent Van Peteghem
(IN BRIEF) ETZ hospital has finalized a €115 million financing deal with the European Investment Bank (EIB) and BNG Bank to support the modernization of its St. Elisabeth location in Tilburg. This funding will facilitate the construction of a new … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged BNG Bank, EIB, ETZ Hospital, Gerard van Berlo, Healthcare, modernization, Netherlands, partnership, Rob Schreppers, Robert de Groot, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has allocated €10 million to GapMinder Fund II, managed by Romanian venture capital firm GapMinder, to support early-stage technology-driven companies primarily in Romania and other EBRD regions. This investment aims … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Technology, United Kingdom
Tagged Anne Fossemalle, Dan Mihaescu, EBRD, GapMinder, GapMinder Fund II, partnership, Romania, sustainability, Tech Innovation
(IN BRIEF) EIB Global, the European Investment Bank’s financial arm for activities outside the EU, has allocated an €11 million grant for the Montenegro education program. The funding aims to modernize and equip 13 education facilities, including kindergartens, primary, vocational, … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Anđela Jakšić Stojanović, Education Infrastructure, EIB Global, Filip Radulović, Jakov Milatović, Kyriacos Kakouris, Milojko Spajić, Montenegro, Novica Vuković, partnership, sustainability, Yngve Engstrom
(IN BRIEF) Deka Immobilien has finalized the acquisition of a cutting-edge e-fulfilment center in the Paris region for approximately EUR 160 million. Developed by Gemfi, the newly constructed facility, named “Tailor,” spans 140,000 sqm and is strategically located in the … Read the full press release
Posted in Banks, Business, Environment, Financial, France, Germany, Government, Industrial, Investment, Management, News, Real Estate
Tagged acquisition, Deka, Deka Immobilien, E-Fulfilment Centre, Paris, partnership, sustainability
(IN BRIEF) Nordic Investment Bank (NIB) recently priced a five-year USD 1.5 billion global benchmark bond, marking its first USD benchmark issuance of 2024. The transaction saw unprecedented demand, with the orderbook surpassing USD 4.5 billion, making it NIB’s largest … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Industrial, Investment, Management, News
Tagged Ebba Wexler, Jens Hellerup, Kim Skov Jensen, NIB, USD Bond Issue
(IN BRIEF) Amidst geopolitical tensions triggered by Russia’s actions in Ukraine, the Baltic States are accelerating their journey towards energy independence and sustainability. Historically reliant on Russian energy flows, the Baltics are now fast-tracking efforts to diversify their energy sources, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Baltic Drive, energy autonomy, Geopolitical Shifts, NIB, partnership, sustainability
(IN BRIEF) BBVA announces its sponsorship of the upcoming Energy Tech Summit, Europe’s premier conference on entrepreneurship and climate venture capital, to be held for the first time in Bilbao on April 10th and 11th, 2024. With a focus on … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, Media, News, Spain, Technology
Tagged Antonio Bravo, BBVA, Bilbao, Climate Innovation, Energy Tech Summit, partnership, Rokas Peciulaitis, Santiago Muguruza, sustainability
(IN BRIEF) In 2023, Swedbank made significant progress toward its strategic goals outlined in the “Swedbank 15/25” business plan, aiming for a sustainable return on equity by 2025. The bank focused on adapting its operations to prioritize key customer segments, … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €22 million loan to Tbilservice Group, aimed at enhancing Tbilisi’s solid waste management and disposal system. This funding, co-financed by the Green Climate Fund, will facilitate the … Read the full press release
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