(IN BRIEF) During his second visit to wartime Ukraine, the First Vice President of the European Bank for Reconstruction and Development (EBRD), Jürgen Rigterink, emphasized the EBRD’s ongoing commitment to supporting Ukraine’s real economy and reform agenda. With more than … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Ukraine, United Kingdom
Tagged Andriy Pyshnyy, Denys Shmyhal, EBRD, economy, Irina Kravchenko, Jürgen Rigterink, Lesya Kuzmenko, Matteo Patrone, Oleksandr Kubrakov, PrivatBank, Serhii Marchenko, UKRAINE, War Challenges
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a collaboration with NLB Komercijalna Banka (NLBKBB) in Serbia, providing a €15 million loan to support local small and medium-sized enterprises (SMEs). NLBKBB will utilize the loan to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Serbia, Small Business, United Kingdom
Tagged EBRD, Financial, NLB Komercijalna Banka, partnership, SERBIA, SMEs, sustainability
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 50 million loan agreement with Nefab Group AB, a Swedish industrial packaging company, to facilitate its acquisitions of US PolyFlex Products Inc. and Swiss Cargopack group AG, as well … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden, Technology
Tagged acquisitions, Nefab Group, NIB, partnership, Patrick Nylund, sustainability, Sweden, Swiss Cargopack group AG, US PolyFlex Products Inc.
(IN BRIEF) The European Investment Bank (EIB) has granted a €22 million loan to Malita Investments plc, in collaboration with the Government of Malta, to address housing shortages in the country. This funding, along with a previous agreement, will support … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Malta, Management, News
Tagged EIB, Gelsomina Vigliotti, housing construction, Malita Investments plc, Malta, Marlene Mizzi, partnership, Roderick Galdes, sustainability
(IN BRIEF) Volkswagen Financial Services has announced a successful conclusion to the 2023 financial year, marked by an operating profit of EUR 3.25 billion. Despite challenges such as negative valuation effects and a challenging interest rate environment, the company achieved … Read the full press release
(IN BRIEF) In this episode of the Experts in Sport podcast, host Martin Foster engages with guest Joanna Czutkowna to delve into the sustainability challenges facing the sports apparel industry. They dissect larger issues within the fashion industry, including the … Read the full press release
(IN BRIEF) The University of Exeter, Cornwall, in collaboration with The Cornwall College Group and other partners, introduces “The Future is Green,” a £2.2 million initiative aimed at cultivating skills necessary for the burgeoning green economy. Focused on sectors pivotal … Read the full press release
Posted in Business, Economy, Education, Environment, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged 'The Future is Green', Cllr Barbara Ellenbroek, Cornwall, Green Economy Skills, Jim Grant, Mary Hesling, partnership, Professor Justin Hinshelwood, sustainability, University of Exeter
(IN BRIEF) BBVA Group announces the establishment of BBVA Global Wealth Advisors, Inc. in Miami, Florida, catering to high net-worth Latin American clients seeking international investment advisory solutions in the United States. The service targets non-US resident clients with assets … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Spain
Tagged BBVA, Florida, Global Wealth Services, Jaime Lázaro, Miami, Murat Kalkan, partnership
(IN BRIEF) Gasum Group has made its annual reports for the year 2023 available on its website, comprising the annual review, sustainability report, and governance and remuneration report. The financial review highlights a 44.0 percent decrease in revenue to EUR … Read the full press release
Posted in Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Gasum Group, investment, sustainability
(IN BRIEF) Despite facing subdued demand and escalating raw material costs, the Lenzing Group, a global leader in regenerated cellulosic fibers, maintained stable revenue at EUR 2.52 billion in 2023. The company’s EBITDA surged by 25.4% to EUR 303.3 million, … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Economy, Environment, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Lenzing Group, Nico Reiner, Stephan Sielaff, sustainability
(IN BRIEF) Holcim is set to commence its share buyback program on March 18, 2024, allocating a total of CHF 1 billion until the end of 2024, subject to share cancellation approval at the 2025 Annual General Meeting. Funded from … Read the full press release
Posted in Business, Construction, Economy, Financial, Industrial, Investment, Management, News, Switzerland
Tagged Financial, holcim, investment, Share Buyback Program
(IN BRIEF) The Vienna Stock Exchange has broadened its international connections with the induction of Jump Trading Europe B.V. as a new international trading member, bringing the total membership to 70, with a significant portion comprising international banks and securities … Read the full press release
(IN BRIEF) Wolters Kluwer, a global leader in professional information and software solutions, has been honored in the FinTech Breakthrough Awards’ Fraud Prevention Innovation category for its Beneficial Ownership Platform. Designed to assist businesses affected by the U.S. Corporate Transparency … Read the full press release
Posted in Awards, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Awards, Beneficial Ownership Platform, fintech, Steve Johansson, Steven Meirink, Wolters Kluwer
(IN BRIEF) Wolters Kluwer’s CCH Tagetik® expert solution has secured top rankings across eleven categories in The Financial Consolidation Survey 24, a prestigious annual report by BARC, showcasing its excellence in functionality, financial reporting, and value. Ralf Gärtner, Senior Vice … Read the full press release
(IN BRIEF) HeavyFinance announces a €50 million fundraising for a private credit fund aimed at supporting European agricultural SMEs with tailored finance solutions to advance decarbonization efforts. With the EIF committing €20 million as a cornerstone investor and support from … Read the full press release
Posted in Agriculture, Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, News, Poland, Portugal, Small Business
Tagged agriculture, Bulgaria, EIF, Europe, HeavyFinance, Laimonas Noreika, Latvia, Lithuania, Marjut Falkstedt, Paolo Gentiloni, partnership, Poland, PORTUGAL, sustainability
(IN BRIEF) The European Investment Fund (EIF), supported by the InvestEU programme, has entered a portfolio guarantee agreement of €10.5 million with 123 Investment Managers (123 IM) to facilitate up to €15 million in new financing for small businesses and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged 123 IM, EIF, financing, France, Marc Guittet, Marjut Falkstedt, partnership, SMEs, sustainability
(IN BRIEF) Maya Kuvakova’s entrepreneurial journey began in a small kitchen in the Kyrgyz Republic, where she crafted dumplings to support her family while on maternity leave. Today, her company, Maminy retsepty, stands as a major producer of semi-finished foods … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Corporation, EBRD, Journey to Success, kitchen, Kyrgyz Republic, Maminy retsepty, Maya Kuvakova, partnership, sustainability
(IN BRIEF) Finnvera, in collaboration with its subsidiary Finnish Export Credit Ltd, launches bill of exchange financing for Finnish exporters engaged in long-term export transactions, particularly benefiting small and medium-sized enterprises (SMEs). This financing solution complements the Export Credit introduced … Read the full press release
Posted in Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News, Small Business
Tagged Bill of Exchange Financing, Financial, Finnish Export Credit Ltd, Finnvera, investment, Juuso Heinilä, Minna Lindqvist, Otto Lindstedt, partnership, SMEs, sustainability, transactions
(IN BRIEF) Despite facing significant non-cash value adjustments, SIX concluded 2023 with a robust operating result, reflecting a 3.5% growth in total operating income and a 6.7% increase in EBITDA. The company’s diversified business model propelled operational success across various … Read the full press release
Posted in Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, Switzerland
Tagged Financial, investment, Jos Dijsselhof, SIX
(IN BRIEF) Evonik, Germany’s second-largest chemical company, has secured a €500 million framework loan from the European Investment Bank (EIB) to accelerate its sustainable transformation. The financing will support Evonik’s Next Generation Solutions portfolio, which focuses on energy-efficient, bio-based, and … Read the full press release
Posted in Banks, Business, Chemicals, Economy, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News
Tagged EIB, Evonik, Germany, Maike Schuh, Nicola Beer, partnership, sustainability, sustainable transformation
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