Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

Barclays Appoints Paul Johnson as Head of Equities for Asia Pacific to Drive Growth and Expansion

(IN BRIEF) Barclays has appointed Paul Johnson as the new Head of Equities for Asia Pacific, where he will lead the bank’s equities business in the region, focusing on Equity Derivatives, Equity-linked Financing, Electronic Trading, and Prime Services. Johnson will … Read the full press release

SIX Acquires Swiss Fund Data to Strengthen Market Leadership and Enhance Transparency in Swiss Fund Data Services

(IN BRIEF) SIX has acquired Swiss Fund Data (SFD), enhancing its role as the leading provider of fund data in Switzerland. SFD, known for offering comprehensive data on Swiss-registered funds, will continue to provide critical services to the Swiss financial … Read the full press release

Pier Luigi Colizzi Appointed Global Chairman of Investment Banking at Barclays, Strengthening European Focus

(IN BRIEF) Pier Luigi Colizzi, Chairman of EMEA M&A at Barclays, has been appointed as a Global Chairman of Investment Banking and joins the Global Chairman Group (GCG). The GCG, formed in 2021, focuses on managing key client relationships and … Read the full press release

ABN AMRO Advocates for Collaborative Solutions to Prevent Power Grid Congestion in the Netherlands

(IN BRIEF) Starting in 2026, the Netherlands is facing the risk of power grid congestion due to rising electricity demand, which could hinder the country’s energy transition. ABN AMRO’s latest report highlights the importance of cooperation between companies and grid … Read the full press release

Vestas Appoints Jakob Wegge-Larsen as New CFO, Set to Join in 2025

(IN BRIEF) Vestas has appointed Jakob Wegge-Larsen as its new Chief Financial Officer (CFO), with his start date set for the second quarter of 2025. Wegge-Larsen brings significant experience from his current role as CFO at DB Schenker, as well … Read the full press release

Exploring the Future of Connectivity and Governance in Europe

(IN BRIEF) In a discussion led by Rob van Kranenburg and moderator Reto Brosi, the evolution of data gathering and management systems, particularly in the context of next-generation Internet technologies, IoT, and mobile phones, is explored. They examine the implications … Read the full press release

EIB Report Highlights Innovation Progress and Challenges in CESEE Region

(IN BRIEF) The European Investment Bank (EIB) presented a report at the Invisso Conference in Vienna examining innovation progress in Central, Eastern, and South-Eastern Europe (CESEE). While the region has made significant strides in R&D and labor productivity, challenges such … Read the full press release

Formo Secures €35 Million EIB Loan to Scale Up Production of Fermentation-Based Cheese Alternatives

(IN BRIEF) Formo, a Berlin-based food tech company, has secured a €35 million loan from the European Investment Bank (EIB) to scale up its fermentation processes for producing dairy and egg alternatives. This brings the company’s total financing to over … Read the full press release

EIB Provides €70 Million Loan for Stadtwerke Reutlingen’s Infrastructure Investment

(IN BRIEF) Stadtwerke Reutlingen has received a €70 million loan from the European Investment Bank (EIB) to modernize its electricity grid and expand its district heating network as part of Germany’s energy transition. The loan will fund infrastructure upgrades, including … Read the full press release

Barclays Report Highlights Trends in UK Housing and Mortgage Spending Amid Economic Changes

(IN BRIEF) The Barclays Property Insights report reveals a slowdown in the growth of rent and mortgage spending, which increased by 1.8% year-on-year in December, down from 8.2% in November. This is the lowest growth rate since August 2024, attributed … Read the full press release

EBRD Partners with Bank Millennium for €66 Million Synthetic Securitisation Deal to Boost Lending and Support Green Projects

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has signed a €66 million synthetic securitisation deal with Bank Millennium in Poland, marking the EBRD’s second capital relief transaction in the country. This deal will help Bank Millennium strengthen … Read the full press release

iBabs Joins UK’s G-Cloud 14, Simplifying Access to Governance Tools for Public Sector Organisations

(IN BRIEF) Euronext has announced that iBabs, a leading provider of board portal and meeting management solutions, has been added to the UK Government’s G-Cloud 14 framework. This inclusion enables public sector organisations in the UK to easily procure iBabs’ … Read the full press release

WEF Global Cybersecurity Outlook 2025: Supply Chain Risks and Geopolitical Tensions Top Concerns for Businesses

(IN BRIEF) The Global Cybersecurity Outlook 2025 report from the World Economic Forum highlights the rising complexity of cybersecurity challenges, particularly in supply chains, geopolitical instability, and AI-driven threats. It reveals that 54% of large organizations view supply chain interdependencies … Read the full press release

EIF Pledges €20 Million to New Private Credit Fund Supporting Baltic SMEs and Sustainable Growth

(IN BRIEF) The European Investment Fund (EIF) has committed €20 million to the SG Capital Baltic Private Credit Fund, a new initiative managed by Latvia-based SG Capital Partners AIFP. The fund aims to raise €100 million to support small and … Read the full press release

EBRD Provides €25 Million Loan for Gender-Responsive Green Investments in Türkiye

(IN BRIEF) The EBRD has provided a €25 million loan to BNP Paribas Finansal Kiralama in Türkiye to support gender-responsive green investments. This loan, part of the Türkiye Green Economy Financing Facility II, aims to fund projects in energy efficiency, … Read the full press release

NIB Kicks Off 2025 with Successful GBP 500 Million Bond and NOK 2 Billion Environmental Issuance

(IN BRIEF) The Nordic Investment Bank (NIB) has begun 2025 with a successful series of funding issuances, including a GBP 500 million bond and a NOK 2 billion environmental bond (NEB). This follows a record-setting 2024, in which NIB raised … Read the full press release

EIB Grants €4.7 Million for Hrybovychi Landfill Reclamation Project in Lviv

(IN BRIEF) The European Investment Bank (EIB) has granted a €4.7 million EU-backed loan to support the reclamation of the Hrybovychi landfill in Lviv, Ukraine. This funding will help improve waste management infrastructure, address environmental hazards, and transform the landfill … Read the full press release

SEB’s China Financial Index Shows Decline in Business Outlook for Northern European Companies Amid Geopolitical Tensions

(IN BRIEF) SEB’s China Financial Index for 2024 revealed a drop to 52.0, indicating a challenging business environment for northern European companies operating in China. This decline, the lowest since May 2020, reflects concerns over customer demand, local competition, and … Read the full press release

European Investment Bank Announces Record EUR 5bn EARN Bond Issuance, Marks Largest Ever Climate Awareness Order Book

(IN BRIEF) The European Investment Bank (EIB) successfully priced a EUR 5bn 10-year EARN bond on January 8, 2025, marking the largest Climate Awareness EARN order book in the institution’s history at EUR 47.3bn, including EUR 1.95bn from Joint Lead … Read the full press release

Transforming Warehouse Operations: KION, Accenture, and NVIDIA Showcase AI-Driven Future at CES 2025

(IN BRIEF) KION Group, in collaboration with Accenture and NVIDIA, unveiled a vision of the future warehouse at CES 2025 in Las Vegas. The companies are using advanced AI and simulation technologies, including digital twins powered by NVIDIA’s Omniverse and … Read the full press release