(IN BRIEF) Nestled in Tsaghkadzor, Armenia’s popular health resort, the Alaska Hotel is attracting visitors with its renowned Armenian hospitality and a commitment to sustainability. With support from the European Bank for Reconstruction and Development (EBRD) and the European Union … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, United Kingdom
Tagged Alaska Hotel, Armenia, EBRD, EU, investment, partnership, Solar, sustainability, Tsaghkadzor, Tsolak Hakobyan
(IN BRIEF) The European Investment Bank (EIB) and Uganda’s Housing Finance Bank (HFB) have joined forces to provide a €50 million investment aimed at supporting private sector entities, particularly SMEs, in Uganda. With a special focus on gender inclusion, at … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Edward Claessen, European Investment Bank, Housing Finance Bank, Jan Sadek, Michael Mugabi, partnership, SMEs, sustainability, Uganda, Women Entrepreneurship
(IN BRIEF) TowerCo of Africa Uganda has secured a US$40 million financing package from European development finance partners to spearhead the installation of 506 new telecom towers in rural areas of Uganda. This initiative, supported by the European Investment Bank, … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Telecom
Tagged Belgian Investment Company, Development Bank of Austria, EIB, Geoffrey Donnels Oketayot, Jan Sadek, Nada Shall, partnership, Sabine Gaber, sustainability, telecom infrastructure, Thomas Östros, TowerCo of Africa, Uganda
(IN BRIEF) NIB and Nooa Savings Bank Ltd have entered into a EUR 10 million loan agreement aimed at financing small and medium-sized enterprises (SMEs) in Finland. The seven-year maturity loan will support Nooa Savings Bank’s strategic objectives of growing … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Industrial, Investment, Management, News, Small Business
Tagged André Küüsvek, NIB, Nooa Savings Bank, partnership, Pekka Haajanen, SMEs
(IN BRIEF) In 2023, Brenntag reported solid financial results despite market challenges, with sales declining by 11.0% due to lower prices and volumes. Operating gross profit reached 4,041.8 million EUR (-3.7%), and operating EBITA stood at 1,265.0 million EUR (-13.1%), … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Management
Tagged Brenntag, Brenntag Essentials, Brenntag Essentials showed a resilient performance according to expectations. Especially the North America segment achieved a positive result, Brenntag Specialties, chemicals, Christian Kohlpaintner, dividend, eaarnings, Earnings per share, financial performance, financial results, Free cash flow, Guidance 2024, ingredients distribution, Kristin Neumann, operating EBITA, Operating gross profit, Outlook & Guidance 2024, partly compensating the de
(IN BRIEF) GSK has announced encouraging findings from the interim analysis of the DREAMM-8 phase III trial evaluating Blenrep (belantamab mafodotin) in combination with pomalidomide plus dexamethasone (PomDex) compared to the standard of care, bortezomib plus PomDex, for relapsed or … Read the full press release
(IN BRIEF) A new report from AFRY Management Consulting commissioned by interconnector businesses and transmission companies sheds light on the potential impact of the EU Carbon Border Adjustment Mechanism (CBAM) on electricity imports from Great Britain (GB). The study identifies … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, United Kingdom
Tagged AFRY, Asimina Karakyriakou, challenges, Electricity Imports, EU Carbon Border Adjustment Mechanism, Great Britain, partnership, Simon Bradbury, sustainability
(IN BRIEF) ING has published its 2023 Annual Report, offering stakeholders an overview of its strategy, business activities, and performance throughout the year. Despite facing numerous challenges such as geopolitical tensions, economic shocks, and climate-related disasters, ING has navigated successfully … Read the full press release
Posted in Banks, Business, Economy, Environment, Industrial, Investment, Management, Netherlands, News
Tagged 2023 Annual Report, Financial, ING, investment, Karl Guha, resilience, Steven van Rijswijk, sustainability
(IN BRIEF) Novo Nordisk is conducting a Capital Markets Day (CMD) to provide updates on its Strategic Aspirations 2025. The event will focus on various aspects, including corporate strategy, sustainability, research and development pipeline, and financial performance. Highlights include discussions … Read the full press release
Posted in Business, Denmark, Healthcare, Industrial, Management, Media, News, Pharma & Biotech, Science, Technology
Tagged Capital Markets Day, Novo Nordisk, Strategic Aspirations 2025
(IN BRIEF) Thales Transport in the UK has secured the EW Group’s Diversity Development Standard (DDS) Silver accreditation, underscoring its unwavering commitment to fostering equity, diversity, and inclusion (EDI) within the rail sector. Since initiating its EDI journey in 2022, … Read the full press release
(IN BRIEF) Vattenfall and Borealis have entered into a groundbreaking long-term renewable hydropower purchase agreement (PPA) aimed at bolstering sustainability efforts. Starting January 2024, Vattenfall commenced supplying Borealis’ Stenungsund operations with 175 GWh per year of renewable energy sourced from … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has announced a €20 million investment under the InvestEU program to support the Blue Revolution Fund, managed by Hatch Blue. This investment aims to boost early-stage aquaculture enterprises, address market deficiencies, and promote … Read the full press release
Posted in Agriculture, Belgium, Environment, European Union, Financial, Food & Beverage, Industrial, Investment, Luxembourg, Technology
Tagged alternative seafood protein solutions, aquaculture, aquaculture enterprises, Blue Revolution Fund, BlueInvest, clean technologies, Climate, climate change, EIB, EIF, environmental impact, environmental solutions, European Investment Fund, European Maritime Fisheries and Aquaculture Fund, European Union, finfish, Georg Baunach, Green Deal, Hatch Blue, INNOVATION, InvestEU, InvestEU Blue economy Fund, marine ecosystem, Marjut Falkstedt, restoring ocean ecosystems, seaweed, shellfish, sustainability, sustainable aquaculture, sustainable aquaculture farming, The European Investment Fund, The Nature Conservancy, Virginijus Sinkevičius
(IN BRIEF) Allianz Trade has introduced Allianz Trade Pay, a suite of services tailored to the needs of B2B e-commerce activities. This new offering encompasses various solutions, including trade credit insurance, fraud protection, digital buyer onboarding, and instant financing through … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Insurance, Internet & Online, Investment, Management, News, Technology
Tagged Allianz Trade, Allianz Trade Pay, B2B E-commerce, Financial, François Burtin, payment solutions
(IN BRIEF) The Supervisory Board of Allianz SE has prolonged the mandates of Sirma Boshnakova and Günther Thallinger, members of the Board of Management, until December 2029, pending regulatory approvals. Boshnakova oversees the Group’s insurance operations in Western & Southern … Read the full press release
Posted in Business, Financial, Germany, Industrial, Insurance, Investment, Management, News
Tagged Allianz SE, appointment, Board Members, Günther Thallinger, leadership, Michael Diekmann, Oliver Bäte, Sirma Boshnakova
(IN BRIEF) Schroders Capital’s private markets investment division announces its intention to launch a UK venture and growth Long-Term Asset Fund (LTAF) with a £300 million cornerstone investment, backed by the British Business Bank (BBB) and Phoenix Group. This initiative, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Andy Briggs, Growth Fund, investment, Long-Term Asset Fund (LTAF), partnership, Peter Harrison, Schroders, UK Venture
(IN BRIEF) Stellantis has unveiled an ambitious investment plan of €5.6 billion in South America, marking the largest ever investment in the region’s automotive industry. This substantial funding will span from 2025 to 2030 and will facilitate the introduction of … Read the full press release
Posted in Automotive, Business, Environment, Financial, Government, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Argentina, Automotive Sector, Brazil, Carlos Tavares, Chile, partnership, South America, Stellantis, sustainability
(IN BRIEF) Ericsson and Etihad Etisalat (Mobily) have signed a Memorandum of Understanding (MoU) at LEAP 2024, Riyadh, Kingdom of Saudi Arabia, aiming to expose Mobily’s network capabilities to enterprises and developers in the country. Through this collaboration, Mobily will … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology, Telecom
Tagged Alaa Malki, Ekow Nelson, Ericsson, Mobily, Network Programmability, Saudi Arabia
(IN BRIEF) In 2023, Relay, the iconic brand by Lagardère Travel Retail, showcased its commitment to enhancing travelers’ experiences worldwide with a redefined brand signature and strategic partnerships. Renewed collaborations with Group ADP and SNCF in France highlighted Relay’s agility … Read the full press release
Posted in Business, Financial, France, Government, Industrial, Management, News, Retail, Travel
Tagged expansion, Group ADP, Lagardère Travel Retail, Nathalie Simon, partnership, Relay, SNCF, sustainability
(IN BRIEF) Evonik and Desktop Metal have enhanced their partnership with the qualification of Evonik’s INFINAM® ST 6100 L photopolymer on Desktop Metal’s ETEC Xtreme 8K and Pro XL 3D printers. INFINAM® ST 6100 L, renowned for its high strength … Read the full press release
(IN BRIEF) Stora Enso’s innovative Harvesting Partner concept, aimed at fostering entrepreneurship and skillful operators in the forest industry, has expanded across Sweden, Finland, Norway, and Lithuania since its launch in November 2022. In collaboration with SEB, Stora Enso has … Read the full press release
Posted in Banks, Business, Construction, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Lithuania, Management, News, Norway, Sweden, Technology
Tagged entrepreneurs, Financing Model, Finland, Forest Industry, innovative, Jakob Hansson, Lithuania, Mattias Bränngård, Norway, partnership, SEB, Stora Enso, sustainability, Sweden
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