(IN BRIEF) During the EIB Forum in Luxembourg, the European Investment Bank (EIB) and Terna signed a €500 million financing contract, marking the final tranche of the €1.9 billion financing for the Tyrrhenian Link project. This submarine electricity cable, spanning … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged EIB, Gelsomina Vigliotti, Giuseppina Di Foggia, Italy, partnership, Renewable Energy Project, sustainability, Terna, Tyrrhenian Link
(IN BRIEF) In a proactive move towards advancing the green transition and fostering climate resilience, women leaders from the EU private sector have inaugurated the Women Climate Leaders Network, hosted by the European Investment Bank Group (EIB Group). With the … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Industrial, Investment, Luxembourg, Management, Media, News, Society
Tagged Barbara Balke, Climate Action, EIB, EIF, EU, gender equality, inclusivity, Laura Piovesan, leadership, Marjut Falkstedt, Nadia Calviño, network, partnership, Private Sector Women, sustainability, Women Climate Leaders Network, women empowerment
(IN BRIEF) The European Investment Bank (EIB) and Kutxabank have inked a landmark covered bond purchase agreement totaling €300 million, facilitating Kutxabank to unlock up to €600 million for financing green projects in Spain, particularly focusing on energy-efficient construction. This … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain
Tagged Antón Arriola, EIB, Green Investment, Jean-Christophe Laloux, Kutxabank, partnership, Spain, sustainability
(IN BRIEF) The second edition of the EIB Group Forum in Luxembourg convened senior policymakers, business leaders, academics, and civil society representatives to discuss EU policy priorities and challenges amidst global instability. EIB President Nadia Calviño emphasized the role of … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News
Tagged Charles Michel, Debora Revoltella, Edi Rama, EIB, EIB Group Forum, European Resilience, investment, Kadri Simson, Luc Frieden, Mairead McGuinness, Maroš Šefčovič, Nadia Calviño, partnership, Roberta Metsola, sustainability, Valdis Dombrovskis, Wopke Hoekstra
(IN BRIEF) Outokumpu, on February 7, 2024, finalized its repurchase of its own shares as part of a previously announced buyback program initiated on November 29, 2023. Under this program, Outokumpu had aimed to repurchase a maximum of 11 million … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) Despite facing headwinds in the stainless steel market, Outokumpu Oyj has managed to maintain solid financial performance in 2023. The company’s adjusted EBITDA for the year amounted to EUR 517 million, although experiencing a decline compared to previous … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, Heikki Malinen, investment, Outokumpu, Pia Aaltonen-Forsell, resilience, Solid Earnings
(IN BRIEF) The President of Indonesia, Joko Widodo, met with Claudio Descalzi, the CEO of Eni, in Jakarta to discuss Eni’s ongoing projects and future initiatives in Indonesia. Descalzi highlighted Eni’s significant milestones in 2023, including the discovery of 5 … Read the full press release
(IN BRIEF) The European Investment Bank Group (EIB Group) has reported a successful year in 2023, allocating €359 million in new commitments to projects in Slovenia. These investments are aimed at boosting economic growth and preserving jobs in Slovenia and … Read the full press release
(IN BRIEF) The Warwick Economics Summit, organized and led entirely by a team of 65 students, is gearing up for its latest edition, featuring renowned speakers from various sectors. This three-day international forum goes beyond economics, delving into social sciences … Read the full press release
Posted in Business, Economy, Education, Industrial, Management, Media, News, United Kingdom
Tagged Boris Vujčić, Charlie Atkins, Dr Tedros Adhanom Ghebreyesus, Dr. Jose Ramos-Horta, Global Dialogue, John Ridding, Lancelot Wilson, Mario Centeno, Professor Ben Lockwood, Professor Myron Scholes, students, University of Warwick, Warwick Economics Summit 2024, Youth Engagement
(IN BRIEF) On February 1, 2024, Outokumpu, a Finnish stainless steel manufacturer, successfully completed its share buyback program, repurchasing a total of 245,903 of its own shares across various trading venues at an average price of EUR 3.99 per share, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, Shares Buyback Program
(IN BRIEF) In 2023, the European Investment Bank (EIB) Group experienced robust growth in France, providing nearly €12 billion in long-term financing to the private sector and local and regional authorities. This included €10.6 billion from the EIB and €1.4 … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Ambroise Fayolle, Climate Action, EIB, EIF, France, INNOVATION, investment, Marjut Falkstedt, partnership, SMEs, sustainability, sustainable infrastructure
(IN BRIEF) The European Investment Bank (EIB) has signed a guarantee agreement with TBC Bank, supported by the European Union, to provide favorable financing terms and reduced collateral requirements for the local private sector in Georgia. This partnership will enable … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, European Union, GEORGIA, partnership, Paweł Herczyński, SME, sustainability, TBC Bank, Teresa Czerwinska, Vakhtang Butskhrikidze
(IN BRIEF) Barclays has announced the appointment of Abhay Kumar Sinha as the Co-Head of Credit Trading for Asia Pacific. Based in Singapore, Mr. Sinha, with over 25 years of experience in the credit industry, joins Barclays from Deutsche Bank, … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, United Kingdom
Tagged Abhay Kumar Sinha, appointment, Asia Pacific, Barclays, Credit Trading, Drew Mogavero, Hossein Zaimi, James Roberts, leadership
(IN BRIEF) On January 30, 2024, Outokumpu announced the successful completion of its share repurchase program, with a total cost of EUR 507,792.07. The program, initiated on November 29, 2023, aimed to repurchase a maximum of 11 million shares with … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) According to a survey by Payit™ by NatWest, two-thirds of larger UK businesses are familiar with open banking, with users reporting an annual time saving of 150 hours compared to non-users. Business leaders utilizing open banking in their … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Financial, investment, Mike Elliff, NatWest, Open Banking, Payit, UK businesses
(IN BRIEF) Škoda Auto has officially entered the Brunei market, inaugurating its first showroom in Bandar Seri Begawan alongside local partner T.C.Y. Motors. The carmaker is introducing models like the Octavia RS, Kodiaq Sportline from Europe, and the Indian-made Slavia … Read the full press release
Posted in Automotive, Business, Czech Republic, Economy, Financial, Government, Industrial, Investment, Management, News
Tagged Bandar Seri Begawan, Brunei Market, Martin Jahn, partnership, ŠKODA AUTO, T.C.Y. Motors
(IN BRIEF) The European Investment Fund (EIF), a part of the European Investment Bank Group, has inked guarantee agreements with four Bulgarian banks, including Postbank (Eurobank Bulgaria), ProCredit Bank Bulgaria, UniCredit Bulbank, and United Bulgarian Bank, facilitating up to €2 … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Bulgaria, EIF, green transition, Marjut Falkstedt, Milena Stoycheva, partnership, Postbank (Eurobank Bulgaria), ProCredit Bank Bulgaria, SMEs, sustainability, UniCredit Bulbank, United Bulgarian Bank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is actively supporting sustainability and green initiatives in Central Asia, empowering local entrepreneurs to transition to eco-friendly operations. One notable example is the Bel-Tam yurt camp in Kyrgyz Republic, which, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Central Asia, EBRD, entrepreneurs, Green Initiatives, Kyrgyz Republic, partnership, SMEs, sustainability, Tachmyrat Gurdov, Turkmenistan
(IN BRIEF) The European Investment Bank (EIB) has successfully issued a new EUR 3 billion 15-year EARN bond, set to mature on February 15, 2039. The bond offers an annual coupon of 3% and was priced at 99.072%. With demand … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged bond, European Investment Bank (EIB), Financial, investment
(IN BRIEF) According to the latest EY CEO Outlook Pulse survey, global CEOs are optimistic about their ability to drive revenue growth and profitability in 2024, despite acknowledging the prevailing global economic headwinds. The survey of 1,200 CEOs across 21 … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Andrea Guerzoni, CEOs, Ernst & Young, Financial, Global Economic Challenges, investment, M&A Opportunities, revenue growth
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