(IN BRIEF) Dr. Dirk Schumacher has been appointed as the new Chief Economist of KfW Group, effective 1 April 2025. With a doctorate in economics, Schumacher brings extensive experience from his previous roles at Commerzbank, Goldman Sachs, the European Central … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany
Tagged appointment, Chief Economist, Commerzbank, Dr. Dirk Schumacher, Economic Analysis, Economics, European Central Bank, European economy, Fritzi Köhler-Geib, German economy, Goldman Sachs, KfW Group, KfW Research, macroeconomic research, Natixis, Stefan Wintels
(IN BRIEF) Prudential plc has appointed Ray Farris as the Chief Economist for Eastspring Investments, its asset management arm. Farris, who brings over 30 years of experience in economics and strategy, will provide macroeconomic analysis to guide Prudential’s and Eastspring’s … Read the full press release
(IN BRIEF) Garanti BBVA, part of the BBVA Group, achieved a record score of 85 in the 2024 S&P Global Corporate Sustainability Assessment (CSA), ranking 15th globally among 668 financial institutions. The bank’s commitment to sustainability includes a target to … Read the full press release
Posted in Awards, Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Spain, Turkey
Tagged 2024 S&P Global Assessment, Awards, BBVA, Garanti BBVA, leadership, Mahmut Akten, sustainability, Turkish Banking Sector
(IN BRIEF) Imerys’ North American talc subsidiaries have secured over 90% approval from voting claimants for their Plan of Reorganization, marking a key step in their Chapter 11 process. The company now moves toward a confirmation hearing in the second … Read the full press release
Posted in Business, Chemicals, Economy, Financial, France, Industrial, Management, Metals and Minerals, News
Tagged Financial, Imerys, North American Talc, Reorganization
(IN BRIEF) The European Investment Fund (EIF) and Catalan Finance Institute (ICF) have signed a €40 million guarantee agreement under the InvestEU programme to support sustainability projects by SMEs and mid-caps in Catalonia. The agreement will enable ICF to mobilize … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Catalan Finance Institute, Catalonia, EIF, partnership, SMEs, sustainability
(IN BRIEF) Fugro has secured a new €400 million financing package, consisting of a €100 million term loan and a €300 million revolving credit facility with improved terms and a five-year maturity, extendable by up to two years. This replaces … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Technology
Tagged Barbara Geelen, financing package, Fugro, partnership, sustainability
(IN BRIEF) The European Investment Fund (EIF) has committed NOK 295 million (€25 million) to Momentum III, a Norwegian fund targeting early-stage climate tech companies in the Nordics and EU-27. Backed by the European Commission’s InvestEU initiative, the fund will … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Norway, Technology
Tagged European Investment Fund, Green Tech Fund, Hilde Støle Pettersen, Marjut Falkstedt, Momentum, Nicolas de La Grandville, Norway, partnership, sustainability
(IN BRIEF) Schroders has been named Impact Investing Platform of the Year at the Environmental Finance Impact Awards, recognizing its outstanding impact management process and robust governance structure. As a leading active asset manager, Schroders has developed a comprehensive cross-asset … Read the full press release
(IN BRIEF) Louis Hachette Group, a global leader in publishing, travel retail, and media, listed on Euronext Growth Paris on December 16, 2024, with a market capitalisation of €1.11 billion at an admission price of €1.12 per share. Employing 32,500 … Read the full press release
Posted in Business, Economy, Financial, France, Industrial, International Trade, Investment, Management, Marketing, Media, News
Tagged Euronext, Jean-Christophe Thiery, Louis Hachette Group, market capitalisation, Paris, partnership
(IN BRIEF) Allianz has withdrawn its offer to acquire a majority stake in Income Insurance Limited following regulatory concerns raised by the Singapore Government and amendments to the Insurance Act. The offer, announced in July 2024, was intended to secure … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Insurance, Investment, Management, News
Tagged Allianz, Asia-Pacific Growth, Income Insurance Acquisition Plan, partnership, Renate Wagner, Singapore
(IN BRIEF) Finnish companies will gain access to over €400 million in financing for green and digital transformations through a partnership between Nordea Bank and the European Investment Fund (EIF). Backed by the InvestEU programme, the agreement provides SMEs and … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Finland, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged businesses, clean technology, EIF, energy efficiency, Financial, Finland, InvestEU, Marjut Falkstedt, Nina Arkilahti, Nordea Bank, partnership, SMEs, sustainability
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a SEK 750 million (approximately EUR 65.2 million) loan agreement with Ziklo Bank AB to support small and medium-sized enterprises (SMEs) and small mid-caps (SMCs) in Sweden. The 7-year program will … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Government, Industrial, Investment, Management, News, Small Business, Sweden
Tagged Financial, NIB, partnership, SMCs, SMEs, sustainability, Sweden, Ziklo Bank AB
(IN BRIEF) Sweden has contributed SEK 9 million (approximately EUR 765,500) to the NEFCO-managed Baltic Sea Action Plan (BSAP) Fund, further supporting efforts to tackle environmental challenges in the Baltic Sea. Established by Sweden and Finland in 2010, the BSAP … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Non Profit, Sweden
Tagged Baltic Sea, BSAP, Dennis Hamro-Drotz, Finland, Jacob Hagberg, Mia Dahlström, NEFCO, partnership, sustainability, Sweden
(IN BRIEF) Finnvera plc has confirmed Juha Ketola’s appointment as Executive Vice President for SME and midcap financing, starting January 2025. Ketola, who has served as interim Executive Vice President since June 2024, brings extensive leadership experience, particularly as a … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, News, Small Business
Tagged appointment #leadership, Executive Vice President, Finnvera, Juha Ketola, Juuso Heinilä, Midcap Financing, SME
(IN BRIEF) Nadia Calviño, President of the European Investment Bank (EIB), has been named one of Europe’s top “doers” in POLITICO’s annual POLITICO28 ranking, which celebrates influential figures shaping the continent. Calviño was recognized for her leadership in addressing Europe’s … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, Media, News
Tagged Aitor Hernández-Morales, Awards, Donald Tusk, EIB, leadership, Nadia Calviño, POLITICO28, Ursula von der Leyen
(IN BRIEF) The European Investment Bank (EIB) has approved €15.6 billion in financing to support key projects across security, energy, climate resilience, and infrastructure. Highlights include €1 billion to support SMEs in security and defence supply chains, €6.8 billion for … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has provided an €80 million loan to the Port Authority of Bilbao to support the port’s expansion and integration of renewable energy infrastructure. The project will enhance capacity and efficiency at a key … Read the full press release
(IN BRIEF) The Lithuanian government and the European Investment Bank (EIB) have partnered in a €100 million initiative to renovate 700 multi-apartment buildings, mobilizing up to €625 million to improve energy efficiency. The project will reduce household energy bills, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Technology
Tagged apartment buildings, EIB, energy efficiency, Gintarė Skaistė, Lithuania, partnership, Simonas Gentvilas, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) has granted a €50 million loan to the Zumtobel Group to advance its research and development of innovative lighting solutions, focusing on energy-efficient and connected technologies for smart buildings and cities. With a … Read the full press release
Posted in Austria, Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Austria, digitalization, EIB, Lighting Innovation, partnership, sustainability, Thomas Erath, Thomas Östros, Zumtobel
(IN BRIEF) The CESEE Bank Lending Survey by the European Investment Bank (EIB) reveals a recovery in credit demand and supply across Central Eastern and South-Eastern Europe, driven by increased consumer confidence and improved lending conditions, particularly for SMEs. Retail … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News, Retail, Small Business
Tagged banks, CESEE, Debora Revoltella, economy, EIB, Kyriacos Kakouris, retail, SMEs, ‘Credit conditions
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