Category Archives: Luxembourg

Press Releases & News from Luxembourg distributed via EuropaWire

EIB Vice President Celebrates 35-Year Partnership with UCD, Highlighting Campus Transformation

(IN BRIEF) European Investment Bank (EIB) Vice President Ioannis Tsakiris visited University College Dublin (UCD) to celebrate a 35-year partnership that has contributed €453 million towards transforming the university’s academic, scientific, and residential infrastructure. UCD President Professor Orla Feely acknowledged … Read the full press release

Ireland and EIB Collaborate to Advance Offshore Wind Port Infrastructure

(IN BRIEF) The Irish Department of Transport and the European Investment Bank (EIB) have announced a partnership to develop port infrastructure critical for supporting offshore wind projects in Irish waters. The collaboration, led by Minister Eamon Ryan and EIB Vice … Read the full press release

EIB Vice President’s Visit to Ireland Focuses on Social Housing and Green Investment

(IN BRIEF) EIB Vice President Ioannis Tsakiris visited Ireland to discuss key investment priorities with Finance Minister Jack Chambers, focusing on social housing, energy efficiency, and innovation. They reviewed the impact of the €1.6 billion EIB investment from 2023 and … Read the full press release

EIB Partners with Austrian Savings Banks to Fund 1,750 Affordable Green Homes in Salzburg and Innsbruck

(IN BRIEF) The European Investment Bank (EIB) is providing up to €175 million in loans to Salzburger Sparkasse and Tiroler Sparkasse to fund the construction of 1,750 affordable and energy-efficient rental flats in Salzburg and Innsbruck. The project aims to … Read the full press release

EIB Funds New Wind Farm in Lower Austria to Power 40,000 Homes with Clean Energy

(IN BRIEF) The European Investment Bank (EIB) has provided €20.1 million to WEB Windenergie AG (W.E.B) for the construction of a new wind farm in Spannberg, Lower Austria. The project’s first phase will build four wind turbines, with plans to … Read the full press release

Luxembourg Future Fund 2 Increases Investment in VIVES IUF to Boost European Innovation and Startup Ecosystem

(IN BRIEF) The Luxembourg Future Fund 2 (LFF 2) has invested an additional €5 million in the VIVES Inter-University Fund (IUF), raising the fund’s total to €75 million. VIVES IUF is an early-stage science-based fund that supports startups and spin-offs, … Read the full press release

EIB and LIFTT Unite in €100 Million Venture to Propel Italian Innovation and Sustainability

(IN BRIEF) The European Investment Bank (EIB) and venture capital firm LIFTT have announced a €100 million partnership to support innovation in Italy. Together, they will create LIFTT EuroInvest, a joint stock company aimed at making 20 to 30 equity … Read the full press release

La Banque Atlantique, la BEI et l’UE Lancent un Financement de 20 M€ pour Promouvoir l’Inclusion Financière au Sénégal

(IN BRIEF) La Banque Atlantique, en collaboration avec la BEI et l’UE, a lancé un financement de 13 milliards de francs CFA (environ 20 millions d’euros) pour soutenir des entreprises sénégalaises dans les secteurs informatique, agroalimentaire et santé. Cette initiative … Read the full press release

EIB Urges Boost in Green Investment at Polish Economic Forum, Surpasses €100 Billion in Green Bonds

(IN BRIEF) At Poland’s Economic Forum in Karpacz, the European Investment Bank (EIB) emphasized the importance of increasing investments and green financing. The EIB, led by Vice-President Teresa Czerwińska, contributed to a report by the Warsaw School of Economics focusing … Read the full press release

EIF Injects €35 Million into Adara Ventures Energy Fund to Propel Clean Energy Innovations

(IN BRIEF) On 5 September 2024, the European Investment Fund (EIF) announced a €35 million investment in Adara Ventures’ newly launched Energy Fund. With a target size of €120 million, the fund aims to support early-stage companies specializing in technologies … Read the full press release

Herzegovina Bridge Inaugurated: New Landmark Boosts Connectivity and Economic Integration in the Balkans

(IN BRIEF) The Herzegovina Bridge, a significant infrastructure project in Bosnia and Herzegovina, was inaugurated on September 5, 2024. Spanning nearly 1 kilometer across the Neretva River, this new bridge, part of the Corridor Vc route, aims to enhance connectivity, … Read the full press release

Oxford Hosts Pioneering Africa Venture Capital Summit to Drive Tech Innovation and Gender Diversity

(IN BRIEF) The Africa Venture Finance Programme (AVFP) will take place at Oxford University’s Saïd Business School from September 9 to 13, 2024. This event will bring together 44 leading African and Africa-focused venture capital fund managers to advance the … Read the full press release

EIB’s Five-Year Milestone in Bosnia and Herzegovina: A Catalyst for Sustainable Development

(IN BRIEF) The European Investment Bank (EIB) is celebrating five years of successful operations in Bosnia and Herzegovina, during which it has provided over €900 million in financing for key infrastructure and development projects. These investments, focused on transportation, climate … Read the full press release

EIB Approves €10.8 Billion in New Investments for Green Energy, Business Innovation, and Infrastructure Development

(IN BRIEF) The European Investment Bank (EIB) has approved €10.8 billion in new financing to support a diverse range of projects focused on green energy, business innovation, health, housing, education, and infrastructure development. This includes significant investments in clean energy … Read the full press release

European Investment Bank Reaches Milestone with Over EUR 100 Billion in Sustainability Funding Through New Climate Awareness Bond

(IN BRIEF) The European Investment Bank (EIB) has achieved a major milestone by surpassing EUR 100 billion in sustainability funding through its Climate and Sustainability Awareness Bonds (CABs and SABs). This achievement was marked by the issuance of a heavily … Read the full press release

EU Backs Finland’s Keliber Project with €150 Million to Strengthen Lithium Supply for Electric Vehicles

(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to support the Keliber lithium project in Finland, operated by Sibanye-Stillwater. This investment is part of a €500 million package aimed at establishing the EU’s first integrated battery-grade lithium … Read the full press release

EBRD and Raiffeisen Bank Provide €110 Million for Major Solar Projects to Boost Romania’s Green Energy Expansion

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International have provided a €110 million financing package to build and operate two solar photovoltaic power plants in south-eastern Romania. These plants, with a combined capacity of … Read the full press release

European Investment Bank Re-enters USD SSA Markets with $5 Billion 5-Year Global Benchmark Bond

(IN BRIEF) The European Investment Bank (EIB) has successfully re-entered the USD bond market with a new $5 billion 5-year Global benchmark bond, offering a 3.750% semi-annual coupon. This issuance, which brings EIB’s total USD issuance for the year to … Read the full press release

EIF Backs €50 Million in Nine Realms Fund to Propel Sustainable Supply Chain Innovation Across Europe

(IN BRIEF) The European Investment Fund (EIF) has invested €50 million in Nine Realms’ new venture capital fund, Nine Realms Fund I K/S, which aims to raise €200 million to support early-stage companies focused on sustainable supply chain technology. The … Read the full press release

SISTO Armaturen S.A. Introduces Automated Multi-Port Valve to Revolutionize Pharmaceutical Production

(IN BRIEF) SISTO Armaturen S.A., part of the KSB Group, has developed the SISTO-CM1300, an automated multi-port valve designed to optimize pharmaceutical production processes. This valve automates the switching of fluids in cleaning and sterilization processes, reducing the risk of … Read the full press release