(IN BRIEF) A new report by Corporate Europe Observatory sheds light on a concerning collaboration between EU leaders and major chemical corporations, set to discuss a “European Industrial Deal” in Antwerp. Despite alarming levels of chemical exposure and biodiversity collapse, … Read the full press release
Posted in Belgium, Business, Chemicals, Environment, European Union, Financial, Government, Industrial, Investment, Law, Management, News, Politics
Tagged Alexander De Croo, biodiversity, Chemical Pollution Crisis, Corporate Europe Observatory, EU Leaders, partnership, sustainability, Ursula von der Leyen, Vicky Cann
(IN BRIEF) Moldova’s aspiration for EU membership is met with the recognition of significant challenges in key sectors like energy, trade, and banking. In response, the European Bank for Reconstruction and Development (EBRD) formulated the Reform Support Team (RST) program, … Read the full press release
Posted in Banks, Business, Environment, European Union, Financial, Government, Industrial, Investment, Management, Moldova, News, United Kingdom
Tagged Diaspora, EBRD, MOLDOVA, Olga Lozan, partnership, Roman Cozma, Sergiu Brasoveanu, sustainability
(IN BRIEF) ENTSO-E, the European Network of Transmission System Operators for Electricity, has unveiled a new Strategic Roadmap aimed at preparing the European power system for carbon neutrality. The roadmap focuses on integrating carbon-neutral energy sources, deploying flexibility resources, and … Read the full press release
Posted in Belgium, Energy, Gas & Oil, Environment, European Union, Industrial, Infrastructure & Utilities, Technology
Tagged carbon-neutral energy sources, Carbon-Neutral Europe, efficient power grid, electrification a, Energy Landscape, ENTSO-E, ENTSO-E Strategic Roadmap, European electricity system, grid infrastructure, power system, TSOs in Europe
(IN BRIEF) In 2023, the European Investment Bank Group (EIB Group) provided a record-breaking €2.91 billion in financing for 32 projects in Sweden. The majority of funding (76.7%) was allocated to climate action and environmental sustainability initiatives, with notable support … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, Sweden, Technology
Tagged Ark Kapital, Climate Action, EIB Group, EIF, environmental sustainability, Ericsson, European Investment Bank Group, European Investment Fund, financin, H2 Green Steel project, Lisa&Friends, Nadia Calviño, Norrlandsfonden, Northvolt, Sweden, Thomas Östros, Thrive
(IN BRIEF) The European Investment Bank (EIB) has allocated a €1.2 billion loan to Autostrade per l’Italia SpA (ASPI) for the modernization of approximately 3,000 kilometers of motorways in Italy. This investment, supported by the EIB’s Climate Bank Roadmap and … Read the full press release
Posted in Banks, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Transportation & Logistics
Tagged ASPI, Autostrade per l’Italia SpA, clean mobility, EIB, European Commission, Gelsomina Vigliotti, InvestEU, Italian motorways, loan, mobility, Paolo Gentiloni, Roberto Tomasi, The European Investment Bank, toll motorway
(IN BRIEF) With support from the InvestEU programme, the European Investment Fund (EIF) and the Catalan Finance Institute (ICF) have entered into a capped portfolio guarantee agreement to leverage €64 million in financing for social enterprises and entities in the … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Catalonia, Creative Sector, EIF, Institut Català de Finances (ICF), InvestEU programme, Marjut Falkstedt, Nicolas Schmit, partnership, SMEs, social enterprises, sustainability, Vanessa Servera
(IN BRIEF) Under the “EU Support for Urgent Housing Needs for Internally Displaced Persons in Ukraine” initiative, a former boarding school dormitory in Kivertsi has been efficiently reconstructed to offer housing for displaced Ukrainians. With funding from the EU and … Read the full press release
Posted in Banks, Business, Construction, Environment, European Union, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Ukraine
Tagged Displaced Ukrainians, EU, Henrik Huitfeldt, housing, Leonid Stefanovych, NEFCO, Oleksandr Kovalchuk, partnership, reconstruction, Ronny Nilsson, sustainability
(IN BRIEF) Trade unions and civil society organizations are rallying behind Members of European Parliament (MEPs) in their call to revoke Amazon lobbyists’ access to the European Parliament following the tech giant’s repeated refusal to engage with parliamentary committees regarding … Read the full press release
Posted in Belgium, Business, European Union, Government, Industrial, Law, Management, News, Non Profit, Politics, Retail
Tagged Amazon, ban, Bram Vranken, Corporate Europe Observatory, European Parliament, lobbyists, Margarida Silva, Max Bank, Oliver Roethig, Roberta Metsola
(IN BRIEF) Gasum Portfolio Services has been chosen by shipping company Wasaline to manage its EU Allowances (EUA) portfolio, following the extension of the EU emissions trading system to include the maritime sector at the beginning of 2024. This partnership … Read the full press release
(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) The European Investment Bank (EIB) has successfully priced its second USD benchmark of the year, issuing a new USD 4 billion 10-year Global Benchmark due February 13, 2034. The bond pays a semiannual coupon of 4.125% and has … Read the full press release
Posted in Banks, European Union, Financial, Investment, Luxembourg, Management
Tagged BMO, BNPP, Citi, EIB, European Investment Bank, Global Benchmark, USD benchmark
(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) The InvestEU Investment Committee has approved a framework operation allowing the Nordic Investment Bank (NIB) to provide up to EUR 150 million in financing for projects focused on green mobility and transport in the Nordic and Baltic region, … Read the full press release
(IN BRIEF) In a significant development, the European Commission has signed an amendment to the InvestEU guarantee with the Nordic Investment Bank (NIB), making NIB the implementing partner for Norway and Iceland. This expansion broadens NIB’s lending capacity under the … Read the full press release
Posted in Banks, Business, European Union, Financial, Finland, Iceland, Industrial, Investment, Management, News, Norway
Tagged André Küüsvek, Denmark, Estonia, Finland, Iceland, InvestEU, Latvia, Lending Capacity, Lithuania, NIB, Norway, partnership, Poland, sustainability, Sweden
(IN BRIEF) Food Alliance, a Georgian frozen pastry producer, has received support from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU) through the EU4Business-EBRD Credit Line in Georgia since 2017. This assistance includes modern equipment, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Food & Beverage, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged EBRD, European Union (EU), Financial, Food Alliance, GEORGIA, investment, partnership, SMEs, sustinability
(IN BRIEF) H2 Green Steel, a Swedish company, has secured significant financial support from the European Investment Bank (EIB) and the Nordic Investment Bank (NIB) for its pioneering green steel project in Northern Sweden. This project aims to revolutionize the … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Metals and Minerals, Sweden
Tagged André Küüsvek, Boden, EIB, European Commission, European Investment Bank, European Union, financing, green steel, H2 Green Steel, Henrik Henriksson, InvestEU programme, NIB, Paolo Gentiloni, RIDW, steel plant, Swede, The Nordic Investment Bank, Thomas Östros
(IN BRIEF) Domenico Nucera, President of Iveco Group’s Bus Business Unit, has been appointed as the Chairperson of the bus and coach division of the European Automobile Manufacturers’ Association (ACEA). Nucera’s role is crucial as the European Union aims for … Read the full press release
Posted in Automotive, Belgium, European Union, Industrial, Transportation & Logistics
Tagged ACEA, Anna Westerberg, bus, buses, coach, coaches, Daimler truck, decarbonisation, Domenico Nucera, EU, Iveco Group, MAN, public transport, Scania, The European Automobile Manufacturers’ Association, Volvo Buses, Volvo Group
(IN BRIEF) Alfa Laval is part of a 16-member consortium called SCO2OP-TES, which aims to develop advanced Power-to-Heat energy storage technology. This initiative, aligned with the European Union’s renewable energy goals, seeks to provide cost-effective and grid-stable thermal energy storage … Read the full press release
Posted in Energy, Gas & Oil, Environment, European Union, Infrastructure & Utilities, Sweden, Technology
Tagged Alasdair Maciver, Alfa Laval, CINEA, energy transition, European Union, grid stability, Horizon Europe, industrial heat supply, Power-to-heat energy storage, renewable energy, renewable energy sources, REPowerEU Plan, SCO2OP-TES, sustainable energy, TES, Thermal Energy Storage
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