(IN BRIEF) In a significant move, the European Investment Bank’s (EIB) global arm, EIB Global, and Banca Intesa Beograd have signed a €100 million credit line aimed at supporting small and medium enterprises (SMEs) and mid-caps in Serbia. This initiative … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Serbia, Small Business
Tagged Banca Intesa Beograd, Darko Popović, EIB, EIB Global, Emanuele Giaufret, green investments, Kyriacos Kakouris, partnership, SERBIA, SME, sustainability
(IN BRIEF) Centrica and Mitsubishi Power Europe have joined forces to explore the development of Europe’s inaugural ammonia-fired power generation facility at Bord Gáis Energy’s Whitegate CCGT power station in Cork, Ireland. This groundbreaking project aims to leverage low carbon … Read the full press release
Posted in Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Technology, United Kingdom
Tagged Ammonia-Fired Power Plant, Centrica, Chris O’Shea, Europe, Ireland, Javier Cavada, Mitsubishi, partnership, sustainability
(IN BRIEF) Serbian Railways Infrastructure JSC is embarking on a comprehensive program aimed at enhancing its corporate governance and operational efficiency, backed by the European Bank for Reconstruction and Development (EBRD) and donors. This initiative encompasses three technical assistance projects: … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Transportation & Logistics, United Kingdom
Tagged Alessandro Bragonzi, Comprehensive Governance, EBRD, Matteo Colangeli, Nebojša Šurlan, partnership, Performance Improvement Program, Serbian Railways, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has finalized an investment agreement with M Plus Croatia, a subsidiary of Mplus Group, a Croatian business specializing in business-process outsourcing (BPO) services provided to companies in 57 countries. The … Read the full press release
Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, United Kingdom
Tagged acquisition, BPO services, CROATIA, Darko Horvat, EBRD, international expansion, investment, M Plus Croatia, Mark Davis, partnership, sustainability
(IN BRIEF) Eni, an Italian multinational energy company, has entered into an agreement with Swiss firm Open Energy Platform AG (Open EP) to ensure the uninterrupted supply of gas to Switzerland and Italy, particularly in situations involving interruptions or significant … Read the full press release
(IN BRIEF) The Vodafone and WWF partnership, initiated in November 2022, has marked its first-year milestone with the “One Million Phones for the Planet” campaign. Vodafone collected 210,000 used phones for responsible recycling and refurbishing during this period. This initiative … Read the full press release
Posted in Business, Economy, Environment, Greece, Industrial, Management, News, Technology, Telecom, United Kingdom
Tagged Anne Stilling, environmental impact, Justin Smith, Kate Norgorve, partnership, phone recycling, sustainability, Sustainable Choices, vodafone, WWF
(IN BRIEF) The European Investment Bank (EIB) and the Investitionsbank des Landes Brandenburg (ILB) marked nearly three decades of collaboration at the EIB’s Berlin office. Since 1995, they have joined forces to finance various regional projects in the German state … Read the full press release
(IN BRIEF) SEB’s Investment Outlook for the current economic situation suggests that a soft landing may be on the horizon, characterized by both a cyclical slowdown and ongoing efforts to combat inflation through tight monetary policies. While late-cyclical phases typically … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, Fredrik Öberg, investment, SEB
(IN BRIEF) ING has announced that, as part of its €2.5 billion share buyback program introduced on November 2, 2023, the company repurchased a total of 23,143,452 shares during the week of November 20 to November 24, 2023. These shares … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged buyback program, Financial, ING, investment, shares
(IN BRIEF) The European Investment Bank (EIB) has approved a €450 million loan to Iveco Group, a global automotive leader, as part of a larger €500 million financing initiative. This funding aims to support the development of innovative technologies in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged EIB, electric mobility, Gilles Badot, INNOVATION, Italy, Iveco Group, Marco Liccardo, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Luminor Bank AS have inked a €115 million agreement to enhance lending to small and medium-sized enterprises (SMEs) and mid-cap companies in Estonia, Latvia, and Lithuania. The collaboration between the EIB and … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, European Union, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, News, Small Business
Tagged Baltic States, EIB, Estonia, financing, Latvia, Lithuania, Luminor Bank, Palle Nordahl, partnership, SME, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) President Werner Hoyer and Vice-President Teresa Czerwińska visited Kyiv to reaffirm the EIB’s commitment to Ukraine. During the visit, they inaugurated the EIB Regional Hub for Eastern Europe in Kyiv, strengthening support for … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged Denys Shmyhal, EIB, Katarína Mathernová, Kyiv, recovery, Regional Hub, Teresa Czerwinska, UKRAINE, Volodymyr Zelenskyy, Werner Hoyer
(IN BRIEF) Garanti BBVA has revealed its dedication to supporting renewable energy initiatives with a €36.1 million financing agreement for the Işıklar Wind Power Plant, facilitated through BBVA’s Turkish unit in partnership with Dost Enerji. The wind power project will … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, Turkey
Tagged BBVA, Dost Enerji, Garanti BBVA, Işıklar Wind Power Plant, Mahmut Akten, partnership, Renewable Energy Expansion, sustainability, Turkey
(IN BRIEF) BBVA in Colombia has reported substantial growth in its sustainable lending activities between January and August 2023. The bank granted 3.8 billion pesos in sustainable loans, with $2.4 billion directed towards inclusive growth projects and $1.4 billion allocated … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Spain
Tagged BBVA, Climate Action, Colombia, partnership, sustainability, Sustainable Lending
(IN BRIEF) Pearson, a leading learning company, has conducted research revealing that white collar jobs are more vulnerable to the impact of generative AI (Artificial Intelligence) than blue collar jobs. The study focused on over 5,000 jobs across five countries … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Education, Industrial, Management, News, Technology, United Kingdom
Tagged Blue Collar Jobs, generative AI, Mike Howells, Pearson, Threatens, White Collar Jobs
(IN BRIEF) Skanska, in collaboration with Syltern, has secured a contract with Nye Veier to construct the new E6 highway segment between Berkåk and Vindåsliene in Trøndelag County, Norway. Skanska’s portion of the contract is valued at NOK 1.3 billion, … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged E6 Highway, Norway, partnership, Skanska, sustainability, Syltern
(IN BRIEF) Groupe Casino has announced the acquisition of CBD Luxembourg Holding from GPA, indirectly holding a 34.0% share of Cnova’s capital. This transaction will raise Casino’s ownership of Cnova, both directly and through wholly-owned subsidiaries, to 98.8%. The purchase … Read the full press release
Posted in Business, Economy, Environment, Financial, France, Industrial, Investment, Management, News, Retail
Tagged acquisition, CBD Luxembourg Holding, Cnova, GPA, Groupe Casino, partnership, sustainability
(IN BRIEF) Accenture, a global technology services and consulting firm, has successfully completed its acquisition of Solnet, an IT services provider renowned for its technology consulting services to both the New Zealand government and private sector. This strategic move enhances … Read the full press release
Posted in Business, Economy, Environment, Financial, Government, Industrial, Investment, Ireland, Management, Marketing, News, Technology
Tagged Accenture, acquisition, Cloud, New Zealand, partnership, Solnet, sustainability, Tech Expertise
(IN BRIEF) Swedbank Robur has expanded its climate strategy by introducing two new funds, Climate Bond and Climate Bond High Yield, which will finance projects and company operations aligned with the UN’s climate goals. These funds are classified as Article … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Climate Bond, Climate Bond High Yield, Financial, investment, Karin Beltzér, Pia Haak, sustainability, Swedbank Robur
(IN BRIEF) Infineon Technologies AG will showcase its latest developments in payment and identification solutions at TRUSTECH 2023. The company will introduce TEGRION SLC26G, a security controller designed for demanding identity and government ID applications. It offers high levels of … Read the full press release
Posted in Business, Economy, Financial, France, Germany, Government, Industrial, Management, Media, News, Security & Safety, Technology
Tagged Ester Jimenez, Florian Treutinger, government ID, ID Solutions, Infineon, INNOVATION, Payment, SECORA Pay X, SECURITY, TEGRION SLC26G, TRUSTECH 2023
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