(IN BRIEF) The European Investment Bank (EIB) has signed a €10 million loan agreement to support women entrepreneurs in Mozambique. This financing will facilitate a new €20 million facility by Moza Banco, focusing on small and medium-sized businesses (SMEs) in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Africa, Antonino Maggiore, EIB, finance, Manuel Soares, Mozambique, partnership, SMEs, sustainability, Thomas Östros, women entrepreneurs
(IN BRIEF) The European Investment Bank (EIB) has provided a €500 million loan to Dutch distribution system operator (DSO) Enexis to fund its electricity network expansion efforts in the Netherlands. Enexis plans to upgrade and expand its infrastructure, encompassing medium-voltage … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and the municipality of Loures have entered into an agreement for the initial €24.15 million portion of a €100 million framework loan. This funding is earmarked to enhance the city’s services, improve living … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Portugal
Tagged European Investment Bank, Loures Municipality, partnership, Ricardo Leão, Ricardo Mourinho Félix, sustainability, sustainable development
(IN BRIEF) Airbus SE has provided an update on its share buyback transactions, which are carried out in accordance with Regulation (EU) No 596/2014 of the European Parliament and the Council. These transactions are part of a share buyback program … Read the full press release
(IN BRIEF) On December 20, 2023, Outokumpu has successfully concluded its share repurchases as part of its buyback program. The buyback program, announced on November 29, 2023, allowed the company to repurchase up to 11 million shares with a maximum … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Media, News
Tagged buyback program, Financial, investment, Outokumpu
(IN BRIEF) Orange Spain and Ericsson are embarking on a historic partnership to introduce private 5G networks for the B2B sector in Spain. This groundbreaking collaboration aims to empower businesses to deploy their own private 5G networks, offering real-time automation, … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Sweden, Technology, Telecom
Tagged 5G networks, Ericsson, Luisa Muñoz, Mónica Sala, Orange Spain, partnership, Spain, sustainability
(IN BRIEF) INEOS Inovyn has announced an expansion of its PVC portfolio, introducing new products designed to address society’s everyday needs with a reduced carbon footprint and increased recycled content. The company’s BIOVYNTM, a bio-attributed PVC, aims to become carbon-neutral, … Read the full press release
Posted in Business, Chemicals, Economy, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Arnaud Valenduc, BIOVYNTM, INEOS Inovyn, low carbon, NEOVYN, partnership, PVC Portfolio, RECOVYNTM, Recycled Products, sustainability
(IN BRIEF) SIX Swiss Exchange has introduced a new service extension to its Exchange Traded Funds (ETF) franchise called “Quote-on-Demand Europe” (QOD Europe). This innovative trading service allows clients to trade ETFs listed on primary exchanges like the London Stock … Read the full press release
Posted in Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, Switzerland
Tagged Christian Reuss, ETF QOD Europe, Financial, investment, Laura Bayley, SIX, Vikesh Patel
(IN BRIEF) Finnish stainless steel manufacturer Outokumpu has concluded its share repurchase program, acquiring a total of 169,994 of its own shares across various trading venues at an average price of EUR 4.5 per share. The program, which had been … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged acquisition, buyback program, Financial, investment, Outokumpu, shares
(IN BRIEF) Entrevias Concessionária de Rodovias, the operator of 570 kilometers of highways in São Paulo’s Ribeirão Preto and Marília regions, has officially opened two new sections of the SP-333 highway, known as Rodovia Rachid Rayes, spanning from km 337 … Read the full press release
Posted in Business, Economy, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics
Tagged André Isper, Clara Ferraz, Daniel Becker, Entrevias, Milton Persoli, mobility, Rodovia Rachid Rayes, São Paulo state, SP-333 Highway, Tarcísio Gomes de Freitas, Thierry Besse, VINCI
(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with Nigerian President Bola Ahmed Tinubu to reaffirm the enduring partnership between TotalEnergies and Nigeria. Over the past decade, TotalEnergies has been the largest private energy investor in Nigeria, with significant … Read the full press release
(IN BRIEF) The world’s largest subsea cable system, 2Africa, has expanded to the Canary Islands, improving connectivity and providing additional capacity for global telecommunications services. In collaboration with Vodafone and the Council of Tenerife, the cable system landed on the … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Telecom, United Kingdom
Tagged 2Africa, Canalink, Canary Islands, connectivity, Javier Álvarez, partnership, sustainability, vodafone
(IN BRIEF) Indosuez Wealth Management has presented its investment outlook for 2024 during its Global Outlook presentation. As 2023 concludes with decreasing inflation and monetary policy normalization, the year 2024 is expected to offer promising prospects for investors. Key insights … Read the full press release
(IN BRIEF) On December 16, Mercedes-Benz achieved a significant milestone by obtaining conditional approval for its Level 3 conditionally automated driving system in Beijing, becoming one of the first automakers to do so. The automaker plans to conduct tests of … Read the full press release
Posted in Automotive, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Beijing, CHINA, Conditional Automated Driving License, Markus Schäfer, Mercedes-Benz, partnership, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a risk-sharing framework for Kosovan banks, with ProCredit Bank Kosovo (PCBK) becoming the first partner bank to join. This framework allows the EBRD to share partner banks’ exposure … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged EBRD, Kosovo, partnership, ProCredit Bank Kosovo, Sergiy Maslichenko, SME, sustainability, Visar Paçarada
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €150 million sovereign-backed loan to Ukraine’s electricity transmission company, Ukrenergo, as part of a comprehensive effort to support Ukraine’s energy security amidst the ongoing conflict with Russia. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Norway, Ukraine, United Kingdom
Tagged conflict, Denys Shmygal, EBRD, ENERGY, Italy, Norway, Odile Renaud-Basso, partnership, sustainability, UKRAINE, Ukrenergo, Volodymyr Kudrytskyi
(IN BRIEF) The European Investment Bank (EIB) has inked a €200 million loan agreement with Interbiak, a public entity under the Department for Infrastructure and Territorial Development of the Provincial Council of Bizkaia. This financing will facilitate the construction of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Transportation & Logistics
Tagged Bilbao, EIB, Gilles Badot, Imanol Pradales, Interbiak, Nervión River Tunnel Project, partnership, sustainability
(IN BRIEF) In a significant development for Africa’s pharmaceutical sector, the African Pharmaceutical Technology Foundation and the Rwandan Government have signed a host country agreement, paving the way for the Foundation’s operationalization. The Foundation has also forged a memorandum of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Pharma & Biotech, Technology
Tagged Africa, African Development Bank, African Pharmaceutical Industry, African Pharmaceutical Technology Foundation, Dr Akinwumi Adesina, Dr Bärbel Kofler, Dr Ngozi Okonjo-Iweala, Dr Tedros Adhanom Ghebreyesus, Dr Vincent Biruta, EIB, Gelsomina Vigliotti, partnership, Professor Padmashree Gehl Sampath, sustainability
(IN BRIEF) The European Investment Bank (EIB) has granted a significant €175 million loan to Northern Fiber Holding Group (NFH) to support the expansion of its fiber optic network in northern Germany. This funding, in addition to the €240 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, Andrew Morris, EIB, fiber-optic network, Franz von Abendroth, Northern Fiber Holding Group, Northern Germany, partnership, Richard Krause, sustainability
(IN BRIEF) A recent study, titled “The impact of the EIB’s intermediated lending to businesses in the Western Balkans,” assesses the effect of the European Investment Bank’s (EIB) intermediated lending on small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina, … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Montenegro, News, Serbia, Small Business
Tagged Bosnia, Debora Revoltella, EIB, Herzegovina, investment, Kyriacos Kakouris, Montenegro, NORTH MACEDONIA, partnership, SERBIA, SMEs, sustainability
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