Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

UBS to renovate San Juan office with sustainability-focused design in celebration of 60 years in Puerto Rico

(IN BRIEF) UBS will complete a major renovation of its San Juan office by early 2026, creating a modern, sustainable space for clients and employees. The redesign will incorporate eco-friendly materials, high-performance textiles, and resilient surfaces to support adaptability and … Read the full press release

UK P&I Club Opens Newcastle Office to Tap Northeast Maritime Talent

(IN BRIEF) The UK P&I Club has opened a new office in Newcastle to leverage the area’s rich pool of maritime and insurance talent. The initial team includes Senior Underwriting Director Emma Liddell and Senior Claims Executives Julie Pichler and … Read the full press release

EIB Global Powers €21.5 Million Equity in IHS Kenya Green Housing Fund to Deliver Hundreds of Affordable, Energy-Efficient Homes

(IN BRIEF) EIB Global has invested €21.5 million in the IHS Kenya Green Housing Fund to support the construction and acquisition of affordable, energy-efficient housing in Nairobi and Kiambu. Three projects—Tilisi, Garden City’s Muzi Stawi, and Mashiara Park—comprise 664 units, … Read the full press release

FMO Secures Landmark €130 Million Loan to Propel QNB Leasing’s Green and Inclusive SME Financing in Türkiye

(IN BRIEF) FMO has arranged and led a €130 million syndicated A/B term loan to QNB Leasing—one of the largest syndications for a Turkish non-bank financial institution—bringing in CDP as a parallel lender and several B-loan investors (ResponsAbility, Global Climate … Read the full press release

EIB Partners with Crédit Agricole to Deliver €100 Million in Green Loans to Polish Mid-Caps

(IN BRIEF) EIB has provided a €50 million green loan to Crédit Agricole Bank Polska, allowing the Polish subsidiary to issue up to €100 million in low-cost loans to mid-caps—especially in lower-income regions—for renewable-energy, electric-vehicle, and energy-efficiency projects. At least … Read the full press release

EIB Backs BrianzAcque with €45 Million Green Loan for Climate-Resilient Water Infrastructure

(IN BRIEF) EIB has granted a €45 million green loan—backed by InvestEU—to BrianzAcque to finance its 2025–2029 plan for upgrading water treatment, sewer networks, and stormwater management across Monza and Brianza, benefiting 877 000 people. The funding will support flood … Read the full press release

CACEIS Invests in Kriptown to Propel Europe’s First SME-Focused Tokenised Exchange

(IN BRIEF) CACEIS has acquired a minority stake in French fintech Kriptown to back the upcoming launch of Lise, Europe’s first blockchain-based exchange for SMEs and mid-caps. Lise is developing a DLT-enabled market infrastructure to simplify equity financing and listings, … Read the full press release

Swedish Banking Giants Sustain Capital Strength Amid Simulated 2025–27 Downturn

(IN BRIEF) The EBA’s 2025–27 stress test, involving 64 major EU and Norwegian banks, simulated a recession driven by geopolitical tensions and protectionist disruptions to supply chains, which would elevate commodity and energy prices, inflation, and interest rates while curbing … Read the full press release

Sunly Secures €85 Million to Develop Four 329 MW Solar Parks in Latvia

(IN BRIEF) Sunly will build four solar parks in Latvia totaling 329 MW capacity—54 MW in Valmiera, 90 MW in Krāslava, 81 MW in Madona, and 104 MW in Saldus—using €85 million in loans from EIB, EBRD, and SEB. Completion … Read the full press release

Societe Generale Names Jerome Niddam CEO of Asia Pacific Operations

(IN BRIEF) Societe Generale will elevate Jerome Niddam to CEO of its Asia Pacific business on 1 September 2025, subject to regulatory clearance. Reporting to Co-Heads Anne-Christine Champion and Alexandre Fleury, Niddam joins the Group’s Management Committee and follows Cecile … Read the full press release

LBBW Unifies €63 Billion Real Estate Finance Arm Under Berlin Hyp Brand

(IN BRIEF) Effective 1 August 2025, LBBW has finalized the integration of its commercial real estate finance business by rebranding and consolidating it as Berlin Hyp—a standalone division with a €63 billion portfolio. This alignment follows LBBW’s acquisition of Berlin … Read the full press release

CVC and PAG Forge Equal Partnership to Drive Growth at Australian Venue Co.

(IN BRIEF) CVC Capital Partners Asia VI has acquired a 45% share in Australian Venue Co. from PAG, creating an equal ownership split between the two private equity firms, with AVC’s management retaining 10%. The transaction injects fresh capital into … Read the full press release

BBVA Channels €63 Billion into Green and Social Finance in H1 2025, Sets New Q2 Record

(IN BRIEF) In H1 2025, BBVA allocated around €63 billion to sustainability initiatives—a 48 percent rise year-on-year—including a record €30 billion in Q2 alone. Climate change and natural-capital projects accounted for 76 percent of the total, with social-impact ventures making … Read the full press release

EIB Backs Cyprus with €100 Million for Second Phase of Island-Wide Road Upgrades

(IN BRIEF) The European Investment Bank has disbursed the second €100 million tranche of a €200 million loan package to co-finance Cyprus’s extensive road improvement programme, with completion targeted for 2029. The funding—covering 50 percent of project costs—will support motorway, … Read the full press release

Ericsson and SoftBank Partner to Upgrade 4G/5G Networks with Full-Band Radio Solutions

(IN BRIEF) Ericsson has signed a new agreement with SoftBank to deliver comprehensive 4G and 5G radio equipment spanning low, mid and high frequency bands. The partnership focuses on reinforcing network performance across six Japanese regions and extending 5G Standalone … Read the full press release

Crédit Agricole Santé & Territoires Finalizes €243 Million Acquisition of Petits‑fils Senior Care Network

(IN BRIEF) Crédit Agricole Santé & Territoires has finalized its takeover of Petits‑fils, the leading national franchise for at‑home senior care in France, following regulatory clearance from the French Competition Authority. The deal—valued at around €243 million—integrates more than 290 Petits‑fils … Read the full press release

Didier Reboul to Lead Crédit Agricole Leasing & Factoring as New CEO from September 2025

(IN BRIEF) Crédit Agricole Leasing & Factoring’s board has named Didier Reboul as its new CEO, effective September 1, 2025, under the supervision of Stéphane Priami of Crédit Agricole S.A. He will also join Crédit Agricole S.A.’s Management Committee. Reboul takes over from … Read the full press release

Deutsche Bank Names Simone Kämpfer as General Counsel and Ralph Nash as Head of Anti‑Financial Crime

(IN BRIEF) Deutsche Bank is appointing Simone Kämpfer as its new General Counsel, effective September 15, 2025, replacing Friederike Rotsch, who will leave to pursue other opportunities. Kämpfer, a Freshfields partner and former public prosecutor, will join the Group Management Committee … Read the full press release

Portugal Breaks Ground on Porto–Oiã High‑Speed Rail with €875 Million EIB Backing

(IN BRIEF) Infraestruturas de Portugal and the Avan Norte consortium have inked a 30‑year concession to deliver the Porto–Oiã section of the Lisbon–Porto high‑speed railway, marking the kickoff of Phase 1. The European Investment Bank will underwrite €875 million of the total … Read the full press release

Synaptiq’s AI Slashes Radiotherapy Planning Time with Automated Tumour and Organ Contouring

(IN BRIEF) Synaptiq is streamlining radiotherapy preparation with its AI‑driven contouring software, which automates the delineation of tumours and organs at risk. Founded by Dragoș Dușe and Roxana Săbău, the Romanian startup emerged from research at Germany’s Cancer Research Centre and now … Read the full press release