(IN BRIEF) The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Billerud, a leading paper and packaging materials supplier based in Sweden. The loan will support the modernization and environmental upgrade of … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Sweden
Tagged Billerud, eco-friendly, EIB, Ivar Vatne, partnership, Pulp and Paper Mill Upgrades, sustainability, Sweden, Thomas Östros
(IN BRIEF) Local energy company Sorégies has secured financing through the InvestEU program, marking a significant step in its strategic plan to prioritize renewable energy development. Sorégies aims to self-generate at least 1,000 GWh of electricity by 2030, aligning with … Read the full press release
(IN BRIEF) EIB Global, the European Investment Bank’s arm for activities outside the EU, has allocated a €1 million technical assistance grant to aid the Tirana municipality in enhancing its water distribution network. The grant will support a project aimed … Read the full press release
Posted in Albania, Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Albania, Anuela Ristani, EIB, EIB Global, Erion Veliaj, Konstantinos Mastrogiannopoulos, Kyriacos Kakouris, partnership, sustainability, Tirana, Water Distribution Improvement
(IN BRIEF) The European Investment Bank (EIB) has officially opened its new regional hub in Cairo, Egypt, aimed at enhancing collaboration and partnerships with public and private entities across the Middle East and North Africa (MENA) region. The hub was … Read the full press release
Posted in Banks, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Cairo Hub, Christian Berger, European Investment Bank, Gelsomina Vigliotti, Guido Clary, MENA Region, Mostafa Madbouly, partnership, Rania Al Mashat, sustainability
(IN BRIEF) Yikri, supported by Entrepreneurs du Monde, has been awarded the prestigious €100,000 European Microfinance Award 2023 by the Directorate for Development Cooperation and Humanitarian Affairs of Luxembourg. Yikri focuses on social microfinance as a means of poverty alleviation, … Read the full press release
Posted in Agriculture, Awards, Banks, Business, Environment, Financial, Industrial, Investment, Luxembourg, Management, News, Small Business, Society, Technology
Tagged Awards, Burkina Faso EIB, Christophe Schiltz, Entrepreneurs du Monde, European Microfinance Award 2023, Hunger, Innovative Poverty Alleviation, Maria Teresa, partnership, poverty, society, sustainability, Werner Hoyer, Yikri
(IN BRIEF) The European Investment Bank (EIB) and the city of Kyiv have signed a cooperation agreement to provide strategic advisory services for the transformation of Kyiv’s urban electric transport system. The partnership, supported by a €480,000 technical assistance grant … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Russia, Transportation & Logistics, Ukraine
Tagged EIB, Kyiv, Mayor Vitali Klitschko, partnership, sustainability, Teresa Czerwinska, Urban Electric Transport System
(IN BRIEF) The European Investment Bank (EIB) has signed a €25 million loan agreement with Klaipėdos vanduo, the municipal water company in Klaipėda, Lithuania, to support its 2023-2026 investment program. The investment program aims to enhance water supply and wastewater … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) and LocalTapiola Corporate Lending I GP Ltd, a Finnish alternative lender, have signed two portfolio guarantee agreements, enabling the provision of €32 million in new loans to small businesses and mid-caps in Finland. … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Finland, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIF, Finland, LocalTapiola, Marjut Falkstedt, Matti Kiviniemi, partnership, small businesses, SMEs, sustainability
(IN BRIEF) ArcelorMittal, a global steel industry leader, is entering the additive manufacturing (AdM) market as a supplier of high-quality steel powders. The company is constructing an industrial-scale atomizer in Spain, with production scheduled to begin in January 2024. This … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Investment, Luxembourg, Metals and Minerals, Spain, Technology
Tagged 17-4PH, 316L, 430L, AdamIQ™, additive manufacturing, ADM, ArcelorMittal, ArcelorMittal Powders, atomiser, Aviles, Binder Jetting, Colin Hautz, direct energy deposition, Gregory Ludkovsky, H11, H13, inert gas atomiser, laser powder bed fusion, low alloy steels, LPBF, M300, scrap steel, Spain, stainless steels, steel powder supplier, steel powders, tool steels
(IN BRIEF) The European Investment Fund (EIF) has entered into an agreement with Laboral Kutxa to provide a portfolio guarantee aimed at mobilizing €145 million in support of micro-businesses, social enterprises, and social entrepreneurs in Spain. This collaboration, made possible … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Spain
Tagged EIF, Laboral Kutxa, Marjut Falkstedt, Micro-Businesses, Óscar Muguerza, partnership, SMEs, social enterprises, Spain, sustainability
(IN BRIEF) Germitec, in collaboration with the European Investment Bank (EIB), has inked a €25 million agreement aimed at financing the research, development, and commercialization of groundbreaking medical products. This partnership, facilitated by the InvestEU program, seeks to significantly reduce … Read the full press release
Posted in Banks, Business, Electronics & Machinery, Environment, Financial, France, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Science, Technology
Tagged Ambroise Fayolle, EIB, France, Germitec, Healthcare, innovative, medical products, Paolo Gentiloni, partnership, sustainability, Vincent Gardès
(IN BRIEF) The European Investment Bank (EIB) and Malta Development Bank (MDB) have formed a partnership aimed at accelerating the green transformation of small and medium-sized companies (SMEs) and public sector entities in Malta. Under this collaboration, the EIB is … Read the full press release
(IN BRIEF) The Portland Caribbean Fund III has achieved its first close, with the European Investment Bank (EIB) contributing $35 million as a cornerstone investor. This fund, targeting a total size of $350 million, aims to support promising small and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged European Investment Bank, investment, Michael Lee-Chin, partnership, Portland Caribbean Fund III, Portland Private Equity, Ricardo Mourinho Félix, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Romania’s leading pharmaceutical manufacturer, Antibiotice, have partnered to support the production of medicines in Romania. Through a €25 million loan agreement, the EIB will finance the construction of a modern production, packaging, … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Pharma & Biotech, Romania, Technology
Tagged Antibiotice, European Investment Bank, Healthcare, Ioan Nani, Medicine Production, Paolo Gentiloni, partnership, Romania, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) has extended a €20 million venture debt loan to Xnext, an Italian start-up specializing in X-ray inspection systems. The loan aims to bolster food safety, support innovation, and promote environmental sustainability. Xnext’s patented … Read the full press release
Posted in Banks, Business, Economy, Electronics & Machinery, Environment, Financial, Food & Beverage, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News, Technology
Tagged Bruno Garavelli, EIB, food safety, Gelsomina Vigliotti, Italy, partnership, sustainability, Sustainability Innovation, X-ray inspection, Xnext
(IN BRIEF) The European Investment Bank (EIB) and Erste Bank Austria have jointly provided loans of up to €79.2 million to WLK energy for the construction of the new Engelhartstetten wind farm in Lower Austria. This wind farm will consist … Read the full press release
Posted in Austria, Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Austria, EIB, Engelhartstetten Wind Farm, Erste Bank Austria, Gerda Holzinger-Burgstaller, green energy transition, Mario Wohanka, partnership, Stephan Pernkopf, sustainability, Thomas Östros, WLK energy
(IN BRIEF) The European Investment Bank (EIB) has recently entered into a €30.5 million loan agreement with DOMINION, a multi-technology services and integrated projects company, to fund the development of cutting-edge technology aimed at designing innovative engineering and computing solutions. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Portugal, Spain, Technology, Telecom
Tagged DOMINION, EIB, Europe, European Union, Germany, Gilles Badot, INNOVATION, Mikel Barandiaran, partnership, Spain, sustainability, technology
(IN BRIEF) The EIB Group, represented by EIB Vice-President Ricardo Mourinho Félix and a team of finance and innovation experts, is set to spotlight its support for innovation and start-ups in Europe at the 2023 Web Summit in Lisbon from … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Industrial, Investment, Luxembourg, Management, Media, News, Portugal, Small Business, Technology
Tagged 2023 Web Summit, EIB Group, INNOVATION, Lisbon, partnership, Ricardo Mourinho Félix, SMEs, start-ups, sustainability
(IN BRIEF) The President of the European Commission, Ursula von der Leyen, welcomed King Abdullah II of Jordan to Brussels and discussed recent regional developments. During the visit, the EU announced a substantial support package for Jordan worth €902 million, … Read the full press release
Posted in Banks, Business, Economy, Education, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged economic development, Education, EIB, EU, Gelsomina Vigliotti, JORDAN, King Abdullah II, Olivér Várhelyi, partnership, sustainability, Ursula von der Leyen, water infrastructure
(IN BRIEF) The European Investment Bank (EIB) and the European Commission have announced a new agreement that will triple the EIB’s advisory assistance for the Western Balkans and potentially Turkey under the JASPERS program. This agreement includes the largest-ever budget … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Türkiye
Tagged Advisory Assistance, EIB, European Commission, partnership, sustainability, Turkey, Western Balkans
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