(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) Škoda Auto’s latest exhibition at the Škoda Museum in Mladá Boleslav highlights the company’s dedication to electrification and sustainability, running until June 16th. Featuring historical and current environmental projects, the exhibit details Škoda’s strategies to reduce emissions throughout … Read the full press release
Posted in Automotive, Business, Czech Republic, Environment, Financial, Industrial, Investment, Management, Media, News, Technology
Tagged electrification, Museum Exhibition, ŠKODA AUTO, sustainability
(IN BRIEF) International technology group ANDRITZ has secured an order from Moorim P&P in South Korea to upgrade the evaporation plant at its Ulsan mill, aimed at improving efficiency and resource conservation. The refurbishment project will focus on increasing the … Read the full press release
(IN BRIEF) Outokumpu has finalized the repurchase of its own shares, as outlined in its recently announced buyback program. The company completed transactions across multiple trading venues, acquiring a total of 350,906 shares at an average price of EUR 4.1 … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, OUTOKUMPU OYJ, Shares Buyback Program
(IN BRIEF) UniCredit has announced its support for the third edition of the Youth America’s Cup and will serve as the naming partner for the UniCredit Youth America’s Cup Regatta. Scheduled from September 17th to 26th in Barcelona, the event … Read the full press release
Posted in Banks, Business, Entertainment, Financial, Government, Industrial, Investment, Italy, Management, Media, News, Spain, Sports
Tagged Andrea Orcel, Barcelona, Grant Dalton, partnership, Sailors, sports, UNICREDIT, Youth America's Cup
(IN BRIEF) Stellantis has announced the approval of a share buyback program worth up to €3 billion, reflecting the company’s robust financial position and commitment to delivering value to shareholders. The program, to be executed on the market, will involve … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, investment, Share Buyback Program, Shareholder Value, Stellantis
(IN BRIEF) Stellantis N.V. has announced its exceptional full-year 2023 results, with net revenues soaring to €189.5 billion, a 6% increase year-on-year, accompanied by a remarkable 11% rise in net profit to €18.6 billion. The company also reported a substantial … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Carlos Tavares, Financial, investment, share buyback, Stellantis
(IN BRIEF) Stellantis has revealed its plans to distribute close to €1.9 billion this year to employees worldwide, based on the company’s impressive 2023 financial results and global achievements. This marks a significant milestone since the formation of Stellantis just … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Carlos Tavares, Employee Payouts, Financial, investment, Stellantis
(IN BRIEF) Schneider Electric, a global leader in energy management and automation, has announced its exceptional sustainability performance for 2023 alongside its annual financial results. Surpassing expectations, the Schneider Sustainability Impact (SSI) score reached 6.13 out of 10, exceeding the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Industrial, Investment, Management, News
Tagged Agustin Lopez Diaz, Financial, investment, Schneider Electric, sustainability
(IN BRIEF) GSK plc has finalized the acquisition of Aiolos Bio, bolstering its respiratory biologics portfolio with AIO-001, a promising long-acting anti-TSLP monoclonal antibody for treating asthma. AIO-001, set to enter phase II clinical trials, targets severe asthma patients with … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology, United Kingdom
Tagged acquisition, Aiolos Bio, biologics, GSK, respiratory, Tony Wood
(IN BRIEF) Swiss rail operator SBB has placed an order for five additional Giruno high-speed trains from Stadler, aiming to bolster its international services to Italy and enhance accessibility and comfort for passengers. Manufactured at Stadler’s production plant in Bussnang, … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Switzerland, Technology, Transportation & Logistics
Tagged Ansgar Brockmeyer, Giruno High-Speed Trains, Italy, partnership, Rail Connectivity, SBB, Stadler, sustainability
(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, joins forces with V-ZUG, a Swiss premium home appliance manufacturer, to introduce the world’s first towards-zero stainless steel. Utilizing Outokumpu Circle Green®, boasting up to a remarkable 93% reduction in carbon … Read the full press release
Posted in Business, Electronics & Machinery, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Switzerland, Technology
Tagged Circle Green, Green Stainless Steel, Marcel Niederberger, Niklas Wass, Outokumpu, partnership, sustainability, Sustainable Appliances, Switzerland, V-Zug
(IN BRIEF) thyssenkrupp’s operational performance in the first quarter of the 2023/2024 fiscal year remained steady amidst a challenging market landscape. With order intake at €8.0 billion and sales at €8.2 billion, the company faced economic effects leading to declines, … Read the full press release
(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) ABP Southampton proudly announces its sponsorship of the Southampton Hospitals Charity Light the South Art Trail, which will feature 40 8ft lighthouses spread across Southampton and Cowes on the Isle of Wight during the summer. This community event … Read the full press release
(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) Skanska, a leading construction company, is investing PLN 126 million in the development of the residential project “Stilla” in Warsaw, Poland. The project comprises two adjacent buildings with a total of 179 apartments, featuring innovative eco-friendly solutions aimed … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Sweden
Tagged 'Stilla', eco-friendly, partnership, residential project, Skanska, sustainability, Warsaw
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering the growth of Poland’s manufacturing sector by providing a €90 million loan to Eko-Okna, a prominent producer of energy-efficient windows and doors in Poland. This investment will fund … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, United Kingdom
Tagged Andrzej Juszczyński, EBRD, Eko-Okna, Elisabetta Falcetti, Frederic Lucenet, investment, Manufacturing Sector, partnership, Poland, sustainability
(IN BRIEF) The Nederlandse Waterschapsbank (NWB Bank) and the European Investment Bank (EIB) have joined forces in a €400 million loan agreement aimed at enhancing flood protection and water quality in the Netherlands. Under this partnership, NWB Bank will lend … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged Dutch Water Infrastructure, EIB, flood protection, Lidwin van Velden, Netherlands, NWB Bank, partnership, Robert de Groot, sustainability, water quality
(IN BRIEF) ABN AMRO Bank concludes Q4 2023 with a net profit of EUR 545 million, showcasing continued high net interest income and impairment releases. The bank’s strategic focus on digital transformation and sustainable finance regulation contributed to these results. … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged ABN AMRO Bank, Financial, Financial Targets for 2026, investment, Robert Swaak, Tanja Cuppen
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