(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has partnered with an international consortium led by Actis, a global sustainable infrastructure investor, to acquire approximately 1,800 mobile towers from Serbian state-owned telecoms operator Telekom Srbija across Bosnia and … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Montenegro, News, Serbia, Technology, Telecom, United Kingdom
Tagged acquisition, Actis, Bosnia and Herzegovina, EBRD, Holger Muent, Mobile Towers, Montenegro, partnership, SERBIA, sustainability, Telekom Srbija, Western Balkans
(IN BRIEF) The European Investment Bank (EIB) is set to provide €225 million in financing to Renfe for the modernization of its high-speed and freight trains. The funding includes a €125 million loan to renew the high-speed fleet, involving the … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and the Nordic Investment Bank (NIB) have joined forces to provide €371 million in financing for H2 Green Steel’s groundbreaking steel plant project in Boden, Sweden. Backed by the European Union’s InvestEU program, … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Metals and Minerals, News, Sweden, Technology
Tagged André Küüsvek, EIB, H2 Green Steel, Henrik Henriksson, Low-Carbon Plant, NIB, Paolo Gentiloni, partnership, sustainability, Sweden, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) has entered into an agreement with Protix, a leading sustainable protein producer, to provide up to €37 million in financing for the construction of a new production plant in Poland. This initiative aligns … Read the full press release
(IN BRIEF) INSEAD, the global business school, has signed a €60 million financing agreement with the European Investment Bank (EIB) to support its Europe Campus Reimagination project. The loan will facilitate the modernization and expansion of the INSEAD Europe Campus … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, EIB, Europe Campus, expansion, France, INSEAD, modernization, partnership, Professor Francisco Veloso, Renovation EIB, sustainability
(IN BRIEF) Judicial and law enforcement authorities from Germany, Cyprus, Bulgaria, and Sweden collaborated in a coordinated action against an organized crime group suspected of online trading fraud. The criminal network operated fraudulent online trading platforms from call centers and … Read the full press release
Posted in Bulgaria, Business, Cyprus, Economy, Financial, Germany, Government, Industrial, International Trade, Internet & Online, Investment, Law, Management, Netherlands, News, Security & Safety, Sweden, Technology
Tagged Bulgaria, Cyprus, Defrauding, Eurojust, EUROPOL, Fraud Network, Germany, Netherland, online trading, partnership, Sweden
(IN BRIEF) Logicor, a prominent player in European logistics real estate, has achieved a successful placement of €650 million in unsecured notes under its EMTN program. These notes, with a 4.5-year term and a 4.625% coupon, hold a BBB rating … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged GROWTH, investment, Logicor, refinancing, Shane Kelly
(IN BRIEF) Eneco and Corre Energy have entered into a provisional agreement to jointly develop and invest in Corre Energy’s inaugural compressed air energy storage (CAES) project in Germany, located in Ahaus, North Rhine-Westphalia. This collaboration will allow Eneco to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News
Tagged Compressed Air Energy Storage (CAES) Project, Corre Energy, Eneco, Germany, Kees-Jan Rameau, Keith McGrane, partnership, sustainability
(IN BRIEF) The Central Bank of Malta has proudly received the Equality Mark from the National Commission for the Promotion of Equality (NCPE), highlighting the institution’s dedication to fostering a discrimination-free work environment and its commitment to gender equality. With … Read the full press release
Posted in Awards, Banks, Business, Financial, Industrial, Investment, Malta, Management, News, Society
Tagged Awards, Central Bank of Malta, equality, gender equality, inclusivity, society
(IN BRIEF) A.P. Moller – Maersk is pleased to welcome Flying Tiger Copenhagen as a new customer, as the Danish retailer commits to transporting its entire ocean freight volume under Maersk’s ECO Delivery solution starting in 2024. This initiative aims … Read the full press release
(IN BRIEF) Telefónica, through its subsidiary Telefónica Local Services GmbH, has successfully completed its voluntary partial acquisition offer to the shareholders of Telefónica Deutschland Holding AG. During the acceptance period from November 7, 2023, to January 17, 2024, Telefónica increased … Read the full press release
(IN BRIEF) Milan-based construction company, Webuild Group, has entered into a joint venture with Fomento de Construcciones y Contratas Canada Ltd. (“FCC Canada”) to win a contract valued at approximately €700 million to €1.3 billion for the development and construction … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics
Tagged CANADA, FCC Canada, Milan, Ontario Line, Pape Tunnel and Underground Stations (PTUS) Development, partnership, sustainability, Webuild
(IN BRIEF) Crédit Agricole S.A. has acquired a 7% minority stake in Worldline S.A. as part of their strategic partnership to strengthen their presence in the French merchant payment services market. This investment reaffirms Crédit Agricole Group’s commitment to supporting … Read the full press release
(IN BRIEF) Outokumpu has successfully concluded its share repurchase program, acquiring a total of 244,303 of its own shares across various trading venues at a weighted average price of EUR 3.99 per share, amounting to a total cost of EUR … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Acquired Shares, Financial, investment, Outokumpu, share repurchase program
(IN BRIEF) International technology group ANDRITZ is set to unveil its 2024 growth strategy during its Capital Markets Day event on January 24 in Leipzig, Germany. The event will feature presentations by ANDRITZ Executive Board members, providing updates on the … Read the full press release
Posted in Austria, Business, Economy, Financial, Germany, Industrial, Investment, Management, Media, News, Technology
Tagged 2024 Growth Strategy, Andritz, Capital Markets Day, Financial, investment, Leipzig
(IN BRIEF) Altor has successfully closed Altor Fund VI at its hard cap of EUR 3 billion, marking the firm’s largest fund to date. With a track record of strong performance, including a 29% gross IRR and 3.0x money multiple … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Altor, Financial, fund, green transition, Harald Mix, investment, Klas Johansson, Paal Weberg, sustainability
(IN BRIEF) At the World Economic Forum’s Annual Meeting 2024, top-tier C-suite executives from Europe and MENA gathered to explore the shift from hardware to software in industries. Hosted by Roland Berger and Creative Dock, the event featured Renata Jungo … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Switzerland, Technology
Tagged AI, Manuel Hörl, Marcus Berret, Martin Pejsa, partnership, Prof. Dr. Tobias Gutmann, Renata Jungo Brüngger, Roland Berger, Software Supremacy, sustainability, Thomas Saueressig, Transformative Power, World Economic Forum
(IN BRIEF) On January 24th, Terna will host an information session at the Giorgio Bassani Library in Ferrara to present the upcoming restructuring of the city’s electricity grid. The project involves replacing overhead lines with underground cables, constructing a new … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, Media, News
Tagged Electricity Grid Restructuring Project, Ferrara, Terna
(IN BRIEF) RWE’s agrivoltaics (Agri-PV) plant in Germany, which integrates power generation and agriculture, has commenced the supply of green electricity to the grid after a rapid five-month construction period. Located on approximately seven hectares of recultivated land near the … Read the full press release
(IN BRIEF) Austrian Federal Railways (ÖBB) has placed an order for 70 trains with Siemens Mobility as part of a framework agreement secured in 2023. These trains, based on the Mireo platform, will be delivered in three different versions starting … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged Andreas Matthä, Austrian Federal Railways (ÖBB), innovative, Michael Peter, Mireo trains, partnership, Siemens, Siemens Mobility, sustainability
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