(IN BRIEF) Skanska is committing CZK 1 billion (approximately SEK 480 million) to fund the second phase of the Modransky cukrovar residential development project in Prague, Czech Republic. This phase will encompass 126 apartments and six commercial units, and it … Read the full press release
Posted in Business, Construction, Czech Republic, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged eco-friendly, investment, partnership, Prague, residential project, Skanska
(IN BRIEF) Iberdrola has achieved a significant environmental milestone with the approval of Spain’s inaugural hybrid photovoltaic and hydroelectric plant, known as HIDRO Cedillo. The project, located in Extremadura’s municipality of Cedillo, is set to boast an impressive capacity of … Read the full press release
(IN BRIEF) AstraZeneca has announced its definitive agreement to acquire Gracell Biotechnologies Inc. (NASDAQ: GRCL), a global biopharmaceutical company specializing in cell therapies for cancer and autoimmune diseases. This strategic move aims to bolster AstraZeneca’s presence in the field of … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged acquisition, Adrian Kemp, AstraZeneca, cell therapy, Dr. William Cao, Gracell Biotechnologies, Gracell's GC012F, partnership, Susan Galbraith, sustainability
(IN BRIEF) Terna, Italy’s national power grid operator, has achieved noteworthy milestones by securing the “UNI Pdr 104 2021” certification for robust administrative and tax governance and being admitted to the Italian Revenue Agency’s Collaborative Compliance tax scheme. The certification, … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News
Tagged Financial, Giuseppina Di Foggia, Governance, investment, Italian Tax Scheme, Milestones, Tax Transparency, Terna
(IN BRIEF) Norsk Hydro ASA has provided an update on its share buyback program, which commenced on September 22, 2023, and is scheduled to conclude on February 29, 2024. The program’s recent transactions include the purchase of 75,309 shares on … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Norway
Tagged Financial, investment, Norsk Hydro, Share Buyback Program, shares
(IN BRIEF) Aviva plc has announced its anticipation of an additional £80 million in proceeds from the sale of its stake in Singapore Life Holdings Pte Ltd (Singlife) to Sumitomo Life Insurance Company, as Sumitomo Life agreed to acquire TPG’s … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, deal, Financial, investment, partnership, Singapore, Singlife, Sumitomo, sustainability
(IN BRIEF) ArcelorMittal, a prominent global steel and mining company, has announced its collaboration with dss+, a leading sustainable operations management consulting service, to conduct a comprehensive safety audit across the company. The decision to undertake this company-wide audit aligns … Read the full press release
(IN BRIEF) Equinor has signed an agreement to sell all its remaining assets in Azerbaijan to SOCAR (State Oil Company of Azerbaijan Republic). These assets include stakes in the Azeri Chirag Gunashli (ACG) oil fields, the Baku-Tbilisi-Ceyhan (BTC) pipeline, and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Norway
Tagged ACG, Azerbaijan, Azeri Chirag Gunashli, Baku-Tbilisi-Ceyhan, BP, divestment, Equinor, oil fields, Philippe Mathieu, Rovshan Najaf, SOCAR
(IN BRIEF) An international consortium of institutions is lending vital support to the development of a second container terminal at Damietta Port in Egypt, a project set to triple the port’s container capacity and enhance its competitiveness. The project is … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is partnering with Türkiye Sinai Kalkinma Bankasi (TSKB), a development bank, to support Kutes, a prominent Turkish metal casting company, in its shift toward sustainable energy practices. TSKB is providing … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Small Business, Turkey, United Kingdom
Tagged EBRD, Kutes, partnership, SMEs, sustainability, sustainable energy, Turkey, Türkiye Sınai Kalkınma Bankası (TSKB)
(IN BRIEF) The European Investment Bank (EIB) Group, comprising the European Investment Bank and European Investment Fund, has partnered with Santander in a synthetic securitisation transaction aimed at supporting energy efficiency investments in Spain. The initiative focuses on financing the … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain
Tagged Catalina García Mejía, EIB Group, EIF, energy efficiency, Green Mortgages, investments, Marjut Falkstedt, Ricardo Mourinho Félix, Santander, Spain
(IN BRIEF) The European Investment Bank (EIB) and Vitalia have inked a €90 million loan deal to fund the development of new healthcare facilities, including residential and outpatient care centers, primarily catering to the elderly population in seven regions of … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Society, Spain
Tagged Chema Cosculluela, EIB, Elderly Care Facilities, Gilles Badot, Healthcare, housing, Paolo Gentiloni, partnership, society, Spain, sustainability, Vitalia
(IN BRIEF) The European Investment Bank (EIB) and Pekao Leasing, a subsidiary of Bank Pekao S.A., have formalized an agreement worth €68 million, reinforcing their long-standing partnership. This loan from the EIB will empower Pekao Leasing to offer new financing … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland
Tagged EIB, Krzysztof Zgorzelski, Leszek Skiba, partnership, Pekao Leasing, Poland, SMEs, sustainability, sustainable growth, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) has signed a €29 million loan agreement with Arteche, a Spanish company specializing in electrical equipment and solutions for the energy sector. This InvestEU-backed loan will support Arteche’s research, development, and innovation efforts, … 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 Alex Artetxe, Arteche, digitalization, EIB, energy sector, partnership, Ricardo Mourinho Félix, Spain, sustainability
(IN BRIEF) The European Investment Bank (EIB) and the Brussels Capital Region have signed a €475 million loan agreement to enhance Brussels’ public transportation infrastructure by upgrading the existing underground tram connection between the Albert and Gare du Nord/Noordstation stops … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Transportation & Logistics
Tagged Air Quality, Brieuc de Meeûs, Brussels, EIB, Elke van den Brandt, expansion, Kris Peeters, metro line, partnership, public transportation, Rudi Vervoort, sustainability, Sven Gatz, Toots Thielemans
(IN BRIEF) The European Investment Bank (EIB) has signed a €10 million loan agreement to support women entrepreneurs in Mozambique. This financing will facilitate a new €20 million facility by Moza Banco, focusing on small and medium-sized businesses (SMEs) in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Africa, Antonino Maggiore, EIB, finance, Manuel Soares, Mozambique, partnership, SMEs, sustainability, Thomas Östros, women entrepreneurs
(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have collaborated with Santander in a synthetic securitisation transaction aimed at supporting energy efficiency investments in Spain. The initiative focuses on financing nearly-zero-emission building construction and the renovation … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain
Tagged Catalina García Mejía, EIB, EIF, energy efficiency, investments, Marjut Falkstedt, partnership, Ricardo Mourinho Félix, Santander, Spain, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €12.5 million venture debt agreement with Swedish medical company BrainCool AB, specializing in medical cooling solutions. BrainCool is pioneering body cooling technologies that have the potential to revolutionize care standards … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Science, Sweden, Technology
Tagged BrainCool AB, Cooling Technologies, EIB, innovative, Martin Waleij, partnership, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) has provided a €500 million loan to Dutch distribution system operator (DSO) Enexis to fund its electricity network expansion efforts in the Netherlands. Enexis plans to upgrade and expand its infrastructure, encompassing medium-voltage … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and the municipality of Loures have entered into an agreement for the initial €24.15 million portion of a €100 million framework loan. This funding is earmarked to enhance the city’s services, improve living … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Portugal
Tagged European Investment Bank, Loures Municipality, partnership, Ricardo Leão, Ricardo Mourinho Félix, sustainability, sustainable development
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