(IN BRIEF) BBVA, in its commitment to decarbonization, has expanded its intermediate emission reduction targets for 2030 to include the real estate sector in Spain and the global aluminum industry. These sectors join the list of targets set by the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Real Estate, Spain
Tagged aluminum, BBVA, Emission Reduction Targets, Javier Rodríguez Soler, partnership, real estate, sustainability
(IN BRIEF) At the European Bank for Reconstruction and Development’s (EBRD) 33rd Annual Meeting and Business Forum in Yerevan, the Bank unveiled its latest initiative under the Risk Sharing Framework (RSF) to bolster domestic businesses in Armenia, Mongolia, and Uzbekistan. … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Armenia, EBRD, Mongolia, partnership, SMEs, sustainability, Uzbekistan
(IN BRIEF) In a significant move towards enhancing transportation infrastructure, the European Investment Bank (EIB) Global has sealed a €75.5 million financial agreement for the reconstruction of a crucial 167 km railway section connecting Bar, Podgorica, and Vrbnica in Montenegro. … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Montenegro, News, Technology
Tagged connectivity, EIB, Filip Radulović, Jakov Milatović, Kyriacos Kakouris, Lionel Rapaille, Milojko Spajić, Montenegro, Novica Vuković, Oana Cristina Popa, partnership, Railways, sustainability
(IN BRIEF) The European Investment Bank (EIB Global) has committed €25 million to Amethis Fund III, signaling a strategic move to bolster medium-sized companies across Africa. Amethis Fund III targets sectors crucial for the continent’s growth, including healthcare, logistics, manufacturing, … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Africa, Amethis Fund III, EIB, Laurent Demey, Luc Rigouzzo, partnership, SMEs, sustainability, Thomas Östros
(IN BRIEF) Societe Generale and Envision have inked a Memorandum of Understanding (MOU) aimed at driving forward the development of green technologies and optimizing the carbon footprint of businesses in line with global energy transition goals. The collaboration entails Societe … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Management, News, Technology
Tagged CHINA, Envision, Green technology, Lei Zhang, partnership, Pierre Palmieri, SOCIÉTÉ GÉNÉRALE, sustainability
(IN BRIEF) Aviva has successfully finalized a £130 million bulk purchase annuity full scheme buy-in with the Trustee of the Telereal Pension Plan, sponsored by Telereal Services Limited. This move will see Aviva insuring defined benefit liabilities for approximately 500 … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, Carl Clissold, Joe Hathaway, Sean Rooney, Telereal Pension Plan Benefits
(IN BRIEF) ABN AMRO announces its agreement with Fosun International to acquire Hauck Aufhäuser Lampe (HAL), a prominent German private bank, positioning Bethmann Bank, ABN AMRO’s private banking arm, as one of the largest providers of banking services for affluent … Read the full press release
(IN BRIEF) The European Investment Fund (EIF), under the InvestEU program, pledges EUR 30 million as a cornerstone investor to the 123 Transition Energétique 2 fund, managed by 123 Investment Managers and advised by Lendosphere. This fund aims to address … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged 123 IM, EIF, France, Laure Verhaeghe, Lendosphere, Marjut Falkstedt, partnership, renewable energy, SMEs, sustainability, Transition Energétique 2 Fund, Xavier Anthonioz
(IN BRIEF) EQT celebrates the successful final close of the BPEA EQT Mid-Market Growth Partnership (MMG Fund) at USD 1.6 billion, exceeding its original target of USD 750 million. This achievement underscores the growing interest in Asia’s mid-market segment and … Read the full press release
Posted in Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged EQT, Financial, investment, Jean Salata, Mid-Market Growth (MMG Fund), Nicholas Macksey, partnership, sustainability
(IN BRIEF) Swiss Re Institute predicts a significant upswing in profitability for the life insurance industry as global interest rates climb, with an estimated additional USD 1.5 trillion in global life savings premiums projected over the next decade. Higher interest … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Financial, investment, Jerome Jean Haegeli, Life Insurance Profits, Paul Murray, Swiss Re
(IN BRIEF) Moody’s, the international rating agency, has upgraded TAG Immobilien AG’s long-term credit rating to ‘investment grade, Baa3, outlook stable,’ citing the company’s robust operational performance and disciplined financial strategy amidst challenging market conditions driven by escalating interest rates. … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Financial, investment, Martin Thiel, Moody, TAG Immobilien AG
(IN BRIEF) Nadia Calviño, President of the European Investment Bank Group (EIB Group), embarked on a diplomatic mission in Portugal, engaging in crucial discussions aimed at bolstering strategic investments and partnerships in the country. Meeting with key figures including Minister … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Small Business
Tagged Carlos Moedas, EIB, Joaquim Miranda Sarmento, Nadia Calviño, partnership, Pedro Reis, PORTUGAL, Rui Moreira, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) has inked a €25 million loan agreement with the regional government of Castilla y León through the Institute for Business Competitiveness of Castilla y León (ICECyL), aiming to support small and medium-sized enterprises … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Spain
Tagged Castilla y León Government, EIB, partnership, SMEs, Spain, sustainability
(IN BRIEF) Equinor ASA announced an ordinary cash dividend of USD 0.35 per share and an extraordinary cash dividend of USD 0.35 per share for the fourth quarter of 2023. The NOK cash dividend per share is calculated based on … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged Equinor, Financial, investment
(IN BRIEF) Stellantis N.V. announced the commencement of the second tranche of its Share Buyback Program, covering up to €1 billion of the total €3 billion program, starting from May 23, 2024, until August 30, 2024. Under this agreement, Stellantis … Read the full press release
Posted in Automotive, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Financial, investment, Share Buyback Program, Stellantis
(IN BRIEF) As part of the ongoing ‘Keep good things going’ campaign, IKEA Retail countries like Belgium, France, and Sweden are converting their store car parks into flea markets to encourage customers to extend the lifespan of their products. The … Read the full press release
Posted in Belgium, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Retail, Sweden
Tagged Belgium, Car Parks, Flea Markets, France, IKEA Stores, Ingka, Johanna Nordell, Karen Pflug, Nathalie Van Edom, partnership, sustainability, Sweden
(IN BRIEF) Salt Bank, Romania’s newest digital banking entrant, has swiftly launched less than a year since its inception, marking a significant milestone in the country’s financial landscape. Leveraging Engine by Starling’s core banking system, Salt Bank becomes the first … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Romania, Technology, United Kingdom
Tagged Carlton Hopper, Engine by Starling, Gabriela Nistor, GFT, Neobank, partnership, Romania, Salt Bank, Sam Everington, sustainability
(IN BRIEF) At the 77th Cannes Film Festival, the European Investment Fund (EIF) and the European Commission announced agreements aimed at bolstering SMEs and small mid-caps in Europe’s cultural and creative sectors. These agreements, supported by the InvestEU programme, involve … Read the full press release
Posted in Art & Culture, Banks, Business, Economy, Environment, Financial, Finland, France, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Alessandro Tappi, Creative Sectors, cultural, European Investment Fund, Finland, France, Germany, InvestEU Agreements, partnership, SMEs, sustainability, Thierry Breton
(IN BRIEF) Kotahi, New Zealand’s largest containerised freight manager, and A.P. Moller – Maersk have solidified their partnership with a second long-term freight agreement lasting until December 2034. This agreement, valued at NZ$160 billion, provides stability and resilience to New … Read the full press release
Posted in Business, Denmark, Economy, Environment, Financial, Food & Beverage, Government, Industrial, International Trade, Management, News, Transportation & Logistics
Tagged Anna Palairet, David Ross, Freight Agreement, international trade, Kotahi, Maersk, New Zealand, partnership, stability, sustainability, Vincent Clerc
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Fund for Southeast Europe (EFSE) have joined forces to provide a financing package of up to US$ 10 million (€ 9.24 million) to AccessBank in Azerbaijan. This … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged AccessBank, Azerbaijan, Davit Tsiklauri, EBRD, EFSE, Financial, George Orlov, MSME, Oxana Binzaru, partnership, sustainability
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