(IN BRIEF) Will Semiconductor Co., Ltd., a Chinese company, has successfully listed its Global Depository Receipts (GDRs) on the SIX Swiss Exchange. The offering involved 31,000,000 GDRs at an offer price of USD 14.35 per GDR, with each GDR representing … Read the full press release
Posted in Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, Switzerland, Technology
Tagged CHINA, Financial, GDRs, investment, SIX Swiss Exchange, Will Semiconductor
(IN BRIEF) The Cameroonian “Agence des Normes et de la Qualité” (ANOR) has designated TÜV Rheinland as a Conformity Assessment Body under the Pre-Shipment Evaluation of Conformity (PECAE) program. TÜV Rheinland is now authorized to conduct conformity verification, inspection, and … Read the full press release
(IN BRIEF) The Cebu-Cordova Link Expressway project in the Philippines has received prestigious recognition from the International Association of Bridge and Structural Engineering (IABSE). The project, which was inaugurated in 2022, won the “Project and Technology Awards 2023” in the … Read the full press release
Posted in Awards, Business, Construction, Economy, Environment, Government, Industrial, Infrastructure & Utilities, Management, News, Spain, Technology
Tagged Awards, Cebu-Cordova Link Expressway Project, Excellence, Global Recognition, INNOVATION, International Association of Bridge and Structural Engineering (IABSE), partnership, PHILIPPINES, SENER, sustainability
(IN BRIEF) The Portland Caribbean Fund III has achieved its first close, with the European Investment Bank (EIB) contributing $35 million as a cornerstone investor. This fund, targeting a total size of $350 million, aims to support promising small and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged European Investment Bank, investment, Michael Lee-Chin, partnership, Portland Caribbean Fund III, Portland Private Equity, Ricardo Mourinho Félix, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Romania’s leading pharmaceutical manufacturer, Antibiotice, have partnered to support the production of medicines in Romania. Through a €25 million loan agreement, the EIB will finance the construction of a modern production, packaging, … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Pharma & Biotech, Romania, Technology
Tagged Antibiotice, European Investment Bank, Healthcare, Ioan Nani, Medicine Production, Paolo Gentiloni, partnership, Romania, sustainability, Teresa Czerwinska
(IN BRIEF) MOL Group has announced its financial results for Q3 2023, reporting a clean CCS EBITDA of USD 976 million, a 33% decrease compared to the same period last year. Windfall taxes in the CEE region significantly impacted results, … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Hungary, Industrial, Investment, Management, News
Tagged 2023 Financial Results, Financial, investment, MOL Group, Zsolt Hernádi
(IN BRIEF) Proterra Inc. and Proterra Operating Company Inc. have initiated a voluntary Chapter 11 bankruptcy process in the United States, and Volvo Group has emerged as the winning bidder in an auction to acquire the assets of the Proterra … Read the full press release
Posted in Automotive, Business, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology
Tagged acquisition, Battery-Electric Business, California, Chapter 11 Bankruptcy Auction, Financial, investment, partnership, Proterra Inc., Proterra Operating Company, Volvo Group
(IN BRIEF) German materials manufacturer Covestro has announced a global partnership with Chinese automotive trim company Xinquan Automotive during the China International Import Expo in Shanghai. This strategic alliance aims to strengthen Xinquan’s presence in North America, Europe, and ASEAN … Read the full press release
Posted in Automotive, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Technology
Tagged automotive, China International Import Expo, Christine Bryant, Covestro, INNOVATION, partnership, Shanghai, sustainability, Xinquan Automotive, Zhihua Tang
(IN BRIEF) The European Investment Bank (EIB) has extended a €20 million venture debt loan to Xnext, an Italian start-up specializing in X-ray inspection systems. The loan aims to bolster food safety, support innovation, and promote environmental sustainability. Xnext’s patented … Read the full press release
Posted in Banks, Business, Economy, Electronics & Machinery, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Technology
Tagged Bruno Garavelli, EIB, food safety, Gelsomina Vigliotti, Italy, partnership, sustainability, Sustainability Innovation, X-ray inspection, Xnext
(IN BRIEF) Henkel Adhesive Technologies, a global leader in adhesives and coatings, has forged a strategic partnership with Nanoprecise Sci Corp, a Canadian predictive maintenance solutions provider. This collaboration emphasizes their joint commitment to digitizing industrial operations and harnessing advanced … Read the full press release
(IN BRIEF) Logicor, a prominent player in European logistics real estate, is increasing its footprint in Rheine, a strategic business location. Currently, a logistics property with two units covering approximately 20,000 square meters (Rheine II) is under construction on Sandkampstrasse … Read the full press release
Posted in Business, Economy, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Technology, Transportation & Logistics, United Kingdom
Tagged Europe, Logicor, logistics real estate, Moritz Heißenberg, partnership, Rheine, sustainability, sustainable development
(IN BRIEF) Amey is celebrating 15 years of partnership with the Royal British Legion Industries (RBLI), a charity that supports veterans and individuals with disabilities through employment and training. Over this period, Amey has invested more than £4.3 million in … Read the full press release
(IN BRIEF) Bridgestone Corporation and Michelin Group, the world’s two largest tire companies, have jointly published a technical white paper titled “Bridgestone & Michelin: Recovered Carbon Black Guidelines.” This collaborative effort follows a position paper released earlier in 2022, in … Read the full press release
(IN BRIEF) A new Green Finance Facility (GFF), valued at €30 million, has been introduced in North Macedonia to provide small and medium-sized enterprises (SMEs) and creditworthy underserved individuals and households with loans for renewable energy and energy efficiency projects. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, United Kingdom
Tagged Aleksandra Vukosavljevic, Armen Grigoryan, Dmitry Mariyasin, Fatmir Bytyqi, Green Finance Facility, investments, NORTH MACEDONIA, partnership, Rania Sharshr, renewable energy, Rossana Dudziak, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Erste Bank Austria have jointly provided loans of up to €79.2 million to WLK energy for the construction of the new Engelhartstetten wind farm in Lower Austria. This wind farm will consist … Read the full press release
Posted in Austria, Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Austria, EIB, Engelhartstetten Wind Farm, Erste Bank Austria, Gerda Holzinger-Burgstaller, green energy transition, Mario Wohanka, partnership, Stephan Pernkopf, sustainability, Thomas Östros, WLK energy
(IN BRIEF) The European Investment Bank (EIB) has recently entered into a €30.5 million loan agreement with DOMINION, a multi-technology services and integrated projects company, to fund the development of cutting-edge technology aimed at designing innovative engineering and computing solutions. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Portugal, Spain, Technology, Telecom
Tagged DOMINION, EIB, Europe, European Union, Germany, Gilles Badot, INNOVATION, Mikel Barandiaran, partnership, Spain, sustainability, technology
(IN BRIEF) The EIB Group, represented by EIB Vice-President Ricardo Mourinho Félix and a team of finance and innovation experts, is set to spotlight its support for innovation and start-ups in Europe at the 2023 Web Summit in Lisbon from … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Industrial, Investment, Luxembourg, Management, Media, News, Portugal, Small Business, Technology
Tagged 2023 Web Summit, EIB Group, INNOVATION, Lisbon, partnership, Ricardo Mourinho Félix, SMEs, start-ups, sustainability
(IN BRIEF) Associated British Ports (ABP) has signed a memorandum of understanding (MOU) with Taiwan International Ports Corporation (TIPC) to collaborate on floating offshore wind (FLOW) projects. The MOU allows for information sharing and experience exchange related to FLOW port … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Transportation & Logistics, United Kingdom
Tagged Andy Reay, Associated British Ports, Floating Offshore Wind Development, Henrik L. Pedersen, Hsien-yi Lee, John Dennis, partnership, Shu-hui Cheng, sustainability, Taiwan International Ports Corporation
(IN BRIEF) Barclays has sounded an alarm ahead of this year’s Black Friday and Cyber Monday sales, citing a 22% increase in money lost to purchase scams during the same period last year. Purchase scams, which involve buying products that … Read the full press release
Posted in Banks, Business, Defence, Economy, Financial, Industrial, Internet & Online, Investment, Management, News, Retail, Security & Safety, Technology, United Kingdom
Tagged Barclays, Black Friday, Cyber Monday, Dr Peter Brooks, Purchase Scams Surge, warning
(IN BRIEF) Finnish forest products company UPM has updated its Green Finance Framework to align with its Biofore strategy and incorporate the latest market practices and standards. SEB served as an adviser in the framework’s structuring. UPM had initially published … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Sweden
Tagged Anssi Kiviniemi, Fredrik von Platen, Green Finance Framework, partnership, SEB, sustainability, sustainability goals, UPM
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