Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

Digi Communications N.V. announces the release of the Q1 2023 financial results

(PRESS RELEASE) BUCHAREST, Romania, 15-May-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the Q1 2023 financial results are available on the Company’s website. For more details, please see: https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/quarterly-reports-shares Also, today at 14:00 UK time … Read the full press release

EBRD Grants US$110 Million Loan to Enerjisa Uretim for Wind Power Expansion in Türkiye

(IN BRIEF) EBRD has approved a loan of US$110 million to Enerjisa Uretim in Türkiye to support the expansion of their wind power portfolio. Enerjisa Uretim’s projects will reduce CO2 emissions by 52,000 tonnes annually and promote employment opportunities for … Read the full press release

Digi Communications NV announces Investors Call for the Q1 2023 Financial Results presentation

(PRESS RELEASE) BUCHAREST, Romania, 8-May-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on 15 May 2023 at 14:00 UK time/16:00 EEST (Romania local time) it will host a conference call to discuss the Q1 2023 … Read the full press release

Civil society groups and EIB leadership discuss high-impact investments for sustainable development goals

(IN BRIEF) The European Investment Bank held a meeting at its headquarters in Luxembourg with representatives of civil society groups to discuss how the bank can respond better to global challenges including climate change, environmental degradation, poverty, and conflicts. The … Read the full press release

ANDRITZ reports strong growth in Q1 2023 despite global economic slowdown

(IN BRIEF) International technology group ANDRITZ has announced significant growth in revenue and operating result, both of which increased by over 20% in the first quarter of 2023 compared to the same period the previous year. The company also reported … Read the full press release

Kosovo: Europe’s Newly Emerging Tech Economy

(IN BRIEF) The EU Senate-Kosovo Economic Summit was held in London on 20 April, where selected guests of entrepreneurs, industrialists, and global investors attended a closed-door event. The summit aimed to transform Kosovo’s economic position and strengthen its ties within … Read the full press release

H2-Bilanz de E.ON indica desarrollos prometedores en la economía alemana del hidrógeno

(NOTICIA EN BREVE) E.ON, empresa energética alemana, ha publicado su segundo informe H2-Bilanz, que indica que el país avanza en el desarrollo de la economía del hidrógeno. El informe muestra que varios proyectos nuevos están en marcha para aumentar la … Read the full press release

E.ON’s H2-Bilanz Indicates Promising Developments in German Hydrogen Economy

(IN BRIEF) E.ON, a German energy company, has published its second H2-Bilanz report, which indicates that the country is making progress in developing the hydrogen economy. The report shows that several new projects are underway to increase domestic electrolysis capacity, … Read the full press release

Selon un rapport de la BEI, le recyclage et les mesures d’efficacité énergétique sont les principales mesures d’atténuation du changement climatique prises par les entreprises de l’UE

(ACTUALITÉ EN BREF) La Banque européenne d’investissement (BEI) a publié son rapport sur les investissements climatiques pour 2022-23 (EIBIS Climate), qui montre que la part des entreprises européennes investissant dans le climat a augmenté de 10 points de pourcentage au … Read the full press release

Recycling and Energy Efficiency Measures Top Climate Mitigation Actions by EU Firms, Says EIB Report

(IN BRIEF) The European Investment Bank (EIB) has released its Climate Investment Report for 2022-23 (EIBIS Climate), which shows that the share of European firms investing in climate has increased by 10 percentage points in the last year, reaching an … Read the full press release

Allianz Trade unterstreicht die Notwendigkeit des Risikomanagements angesichts des prognostizierten Anstiegs der weltweiten Insolvenzen

(IN KÜRZE) Allianz Trade, der weltweit führende Warenkreditversicherer, hat seinen Global Insolvency Report veröffentlicht, der einen Anstieg der weltweiten Insolvenzen um +21 % im Jahr 2023 und einen weiteren Anstieg um +4 % im Jahr 2024 prognostiziert. Der Bericht warnt … Read the full press release

Allianz Trade Highlights Need for Risk Management in Light of Forecasted Increase in Global Insolvencies

(IN BRIEF) Allianz Trade, the world’s leading trade credit insurer, has released its Global Insolvency Report, predicting a +21% increase in global insolvencies in 2023 and a further +4% rise in 2024. The report warns that prolonged pressure on profitability, … Read the full press release

Der irische Minister Paschal Donohoe vertritt die Eurozone bei Treffen des IWF und der Weltbank zu nachhaltiger Entwicklung und Finanzstabilität

(IN KÜRZE) Paschal Donohoe, Präsident der Eurogruppe und irischer Minister für öffentliche Ausgaben, Umsetzung nationaler Entwicklungspläne und Reformen, nimmt an der Frühjahrstagung des Internationalen Währungsfonds und der Weltbankgruppe in Washington D.C. teil, um die Eurozone zu vertreten. Er wird an … Read the full press release

Irish Minister Paschal Donohoe to Represent Euro Area at IMF and World Bank Meetings on Sustainable Development and Financial Stability

(IN BRIEF) Paschal Donohoe, President of the Eurogroup and Irish Minister for Public Expenditure, National Development Plan Delivery, and Reform, is attending the Spring Meetings of the International Monetary Fund and World Bank Group in Washington D.C. to represent the … Read the full press release

Neste’s chemical recycling processing runs provide valuable knowledge for circular polymers economy

(IN BRIEF) Neste, the Finnish renewable fuels and chemicals company, has completed its second series of industrial-scale processing runs with liquefied waste plastic at its Porvoo refinery, with the goal of further understanding how different types of waste plastics behave … Read the full press release

Ukrainian pharma company YURiA-PHARM acquires Uzbek firm Reka-Med with EBRD financing

(IN BRIEF) YURiA-PHARM, a leading Ukrainian pharma company, has acquired Reka-Med, a pharmaceutical company in Uzbekistan, with the help of €10 million of finance repurposed from an existing loan made by the European Bank for Reconstruction and Development (EBRD). The … Read the full press release

Moldovan businesses to receive €10m loan from EBRD and EU for greater access to finance

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €10 million loan to ProCredit Bank Moldova to support investment financing for micro, small and medium-sized enterprises (MSMEs) in Moldova. The loan will help businesses upgrade their … Read the full press release

EBRD provides €100m financing package to support SME development in Serbia through Banca Intesa Belgrade

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €100m loan to Banca Intesa Belgrade to support small and medium-sized enterprises (SMEs) in Serbia. The loan will be on-lent to local businesses and improve their access … Read the full press release

Clearstream’s Collateral Mapper Enhances Transparency and Efficiency in Collateral Management

(IN BRIEF) Clearstream, a provider of post-trade infrastructure and services, has launched the Collateral Mapper, a data-based solution for collateral management optimization. The platform automates the process of summarizing complex reports on collateral usage, evaluating the collateral potential of an … Read the full press release

EBRD to Provide up to $150 Million for Kazakhstan’s Green Economy Financing Facility II

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is launching a new financing facility to help Kazakhstan reduce energy consumption and promote the use of renewable energy sources. The EBRD is providing funds of up to $150m to … Read the full press release