(IN BRIEF) The European Investment Bank (EIB) has finalized a €215 million loan agreement with the regional government of Andalusia to co-finance social, green, and digital investment initiatives in the Spanish region. This funding, part of the EU operational programme … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Spain
Tagged Andalusia, European Investment Bank, partnership, Regional Development Projects, SMEs, sustainability
(IN BRIEF) The European Union’s Western Balkans Enterprise Development and Innovation Facility (WB EDIF) launches the Guarantee for SME Resilience Initiative, injecting €60 million to enhance access to finance for small and medium enterprises (SMEs) in the region. Through partnerships … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, EIF, EU, European Union's Western Balkans Enterprise Development and Innovation Facility (WB EDIF), Marjut Falkstedt, Olivér Várhelyi, partnership, SMEs, sustainability, Western Balkans
(IN BRIEF) The European Investment Fund (EIF) is allocating €40 million to support the European Agri Transition Fund, aimed at fostering a fairer, healthier, and more sustainable food system in Europe. Managed by INOKS Capital, the fund targets SMEs and … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged agriculture, Bulgaria, CROATIA, EIF, Europe, Greece, Hungary, INOKS Capital, Italy, Latvia, Lithuania, Marjut Falkstedt, Nabil Marc Abdul-Massih, Paolo Gentiloni, partnership, Poland, Romania, Slovakia, Slovenia, SMEs, Spain, sustainability, Switzerland, The Czech Republic
(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have collaborated with Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) to facilitate SME lending in Austria through a pioneering synthetic securitisation transaction. This landmark transaction, the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Security & Safety, Small Business
Tagged Austria, EIB, EIF, Erste Bank, Hans Unterdorfer, Marjut Falkstedt, partnership, SME, sustainability, synthetic securitisation, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have joined forces to provide Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) with a €49 million guarantee for a synthetic securitisation transaction, marking Austria’s first such … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Austria, EIB Group, EIF, Erste Bank, Hans Unterdorfer, Marjut Falkstedt, partnership, SME, sustainability, Thomas Östros
(IN BRIEF) At the EU-Moldova Private Sector Investment Conference in Chișinău, the European Investment Bank (EIB Global) sealed two agreements with Moldova’s leading bank, maib. The first involves a €50 million loan aimed at enhancing access to finance and promoting … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, European Union, green investments, Macar Stoianov, maib, MOLDOVA, MSMEs, partnership, sustainability, Teresa Czerwinska
(IN BRIEF) Amidst ongoing conflict in Ukraine, the European Bank for Reconstruction and Development (EBRD) is providing a €12.5 million unfunded portfolio risk-sharing facility to Ukrgasbank, aimed at unlocking €50 million of fresh financing for the country’s private sector. Signed … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Ukraine, United Kingdom
Tagged EBRD, MSMEs, partnership, sustainability, UKRAINE, Ukrgasbank
(IN BRIEF) In a bid to bolster Ukraine’s private sector amidst the ongoing conflict, the European Bank for Reconstruction and Development (EBRD) is extending a €50 million unfunded portfolio risk-sharing facility to Oschadbank. This initiative aims to unlock €200 million … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, Ukraine, United Kingdom
Tagged EBRD, Francis Malige, MSMEs, Oschadbank, partnership, Sergii Naumov, sustainability, UKRAINE
(IN BRIEF) Spain’s Aquisgrán fund, launched in 2021 by SGR-Cesgar and supported by the Ministry of Industry through CERSA, receives a significant investment boost of €110 million from Instituto de Crédito Oficial (ICO) and the European Investment Fund (EIF). With … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Spain
Tagged Aquisgrán, EIF, Eusebio Martín, Instituto de Crédito Oficial (ICO), Jordi García Brustenga, José Carlos García de Quevedo, José Pedro Salcedo, Marco Marrone, partnership, SMEs, Spain, sustainability
(IN BRIEF) In a strategic move, MONETA secures a €100 million loan from the European Investment Bank (EIB), earmarked to enhance economic prospects for small and mid-sized businesses in Czechia. With a commitment to allocate at least 12% of the … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Business Growth, Czech Republic, Czechia, EIB, Kyriacos Kakouris, MONETA, partnership, SMEs, sustainability, Tomáš Spurný
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) initiates a new risk-sharing framework with Privredna banka Zagreb d.d. (PBZ), offering up to €75 million in guarantees to share partner banks’ exposure to local enterprises in Croatia. PBZ, part … Read the full press release
Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged businesses, CROATIA, Dinko Lucić, EBRD, Mark Davis, partnership, Privredna banka Zagreb d.d. (PBZ), SMEs, sustainability
(IN BRIEF) The Council of Europe Development Bank (CEB) has approved 11 new loans totaling €1.3 billion across various countries and sectors. These loans aim to address critical social issues such as microfinance, healthcare, education, and post-disaster reconstruction. Among the … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, European Union, Financial, Finland, France, Germany, Iceland, Industrial, Investment, Management, News, Poland, Serbia, Slovakia, Small Business, Society, Spain, Turkey, Ukraine
Tagged Bosnia and Herzegovina, Carlo Monticelli, CEB, Europe, Finland, France, Germany, Iceland, investments, partnership, Poland, SERBIA, Slovakia, Social Sector, Spain, Turkey, UKRAINE
(IN BRIEF) Since the implementation of the Corporate Transparency Act (CTA) earlier this year, Wolters Kluwer CT Corporation has been inundated with inquiries regarding reporting obligations for trusts, particularly concerning the Beneficial Ownership Information (BOI) requirements. George May, Vice President … Read the full press release
Posted in Business, Economy, Education, Financial, Industrial, Investment, Management, Netherlands, News, Small Business, Technology
Tagged Corporate Transparency Act (CTA), CT Corporation, David Feider, George May, Wolters Kluwer
(IN BRIEF) In 2023, Portugal witnessed a significant financial influx from the European Investment Bank Group (EIB Group), totaling over €2.1 billion, marking a 25% increase from the previous year. This substantial support, aimed at fostering economic growth, social cohesion, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Small Business
Tagged economy, EIB Group, investment, Nadia Calviño, partnership, PORTUGAL, SMEs, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a collaboration with NLB Komercijalna Banka (NLBKBB) in Serbia, providing a €15 million loan to support local small and medium-sized enterprises (SMEs). NLBKBB will utilize the loan to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Serbia, Small Business, United Kingdom
Tagged EBRD, Financial, NLB Komercijalna Banka, partnership, SERBIA, SMEs, sustainability
(IN BRIEF) Adyen, a leading global financial technology platform, has been recognized in The Forrester Wave™ Merchant Payment Providers, Q1 2024 report. Adyen received the highest score in six categories, including vision and innovation. Praised for its seamless payment solutions … Read the full press release
Posted in Awards, Business, Financial, Management, Netherlands, Retail, Small Business, Technology
Tagged Adyen, data, Enterprise organizations, financial technology, financial technology platform, fintech, Machine Learning, Merchant Payment Providers, merchants, omnichannel payments, payment data enrichment, payment performance optimization, POS terminals, Roelant Prins, The Forrester Wave™
(IN BRIEF) HeavyFinance announces a €50 million fundraising for a private credit fund aimed at supporting European agricultural SMEs with tailored finance solutions to advance decarbonization efforts. With the EIF committing €20 million as a cornerstone investor and support from … Read the full press release
Posted in Agriculture, Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, News, Poland, Portugal, Small Business
Tagged agriculture, Bulgaria, EIF, Europe, HeavyFinance, Laimonas Noreika, Latvia, Lithuania, Marjut Falkstedt, Paolo Gentiloni, partnership, Poland, PORTUGAL, sustainability
(IN BRIEF) The European Investment Fund (EIF), supported by the InvestEU programme, has entered a portfolio guarantee agreement of €10.5 million with 123 Investment Managers (123 IM) to facilitate up to €15 million in new financing for small businesses and … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged 123 IM, EIF, financing, France, Marc Guittet, Marjut Falkstedt, partnership, SMEs, sustainability
(IN BRIEF) Finnvera, in collaboration with its subsidiary Finnish Export Credit Ltd, launches bill of exchange financing for Finnish exporters engaged in long-term export transactions, particularly benefiting small and medium-sized enterprises (SMEs). This financing solution complements the Export Credit introduced … Read the full press release
Posted in Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, News, Small Business
Tagged Bill of Exchange Financing, Financial, Finnish Export Credit Ltd, Finnvera, investment, Juuso Heinilä, Minna Lindqvist, Otto Lindstedt, partnership, SMEs, sustainability, transactions
(IN BRIEF) The European Investment Fund (EIF) has committed €400 million to bolster France Active’s endeavors in financing socially responsible French enterprises. This collaboration involves a €45 million guarantee from EIF and a €355 million counter-guarantee for bank loans facilitated … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Ambroise Fayolle, Ananth Purushothaman, EIF, France Active, Françoise Candier, partnership, Pierre-René Lemas, SMEs, social enterprises, sustainability, Vanessa Krycève
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), with support from the European Union (EU) and Sweden, is extending an €8 million loan to ProCredit Bank in Georgia to boost lending to women-led micro, small, and medium-sized enterprises … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged businesses, EBRD, empower women, EU, GEORGIA, leadership, partnership, ProCredit Bank, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Banca Ifis have inked a significant agreement, marking the EIB’s maiden loan operation with an Italian bank exclusively aimed at driving innovative transitions for small and medium-sized enterprises (SMEs). The deal, valued … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business, Technology
Tagged Banca Ifis, EIB, Ernesto Fürstenberg Fassio, Gelsomina Vigliotti, INNOVATION, Italy, partnership, SMEs, sustainability
(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) 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) Euronext, Europe’s leading market infrastructure, has expanded its ELITE ecosystem into Portugal, ushering in six diverse companies into the program. These companies, spanning sectors such as healthcare, technology, food, and manufacturing, collectively generate over 200 million Euros in … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Portugal, Small Business
Tagged Carlos Caetano, ELITE Program, Euronext, Marta Testi, partnership, Pedro Cassiano, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Centenary Rural Development Bank Ltd (CERUDEB) have unveiled a landmark €100 million investment aimed at bolstering private sector enterprises in Uganda, particularly focusing on women borrowers and rural microenterprises. With 50% of … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged CERUDEB, Edward Claessen, EIB, Jan Sadek, Mr. Fabian Kasi, partnership, President Museveni, Rural Enterprises, SMEs, sustainability, Uganda, women entrepreneurs
(IN BRIEF) Kismet, a healthcare startup, has secured $8.2 million in seed funding led by Prosus Ventures and Airtree Ventures, bringing its total financing to $10.8 million since its founding in February 2023. The funding will accelerate Kismet’s mission to … Read the full press release
Posted in Business, Healthcare, Insurance, Investment, Management, Small Business, Technology, United Kingdom
Tagged Airtree Ventures, caregivers, Digital Ecosystem, Elicia McDonald, funding round, Global Health Engagement, health insurance, Healthcare Accessibility, healthcare providers, Healthcare Startup, Kismet, Mark Woodland, Prosus Ventures, Sachin Bhanot, seed funding
(IN BRIEF) Swisscom introduces Enterprise Mobile, a tailored mobile subscription service designed to cater to the diverse needs of Swiss SMEs. With premium data speeds of up to 2 Gbit/s and unlimited data options, businesses can enjoy seamless connectivity and … Read the full press release
(IN BRIEF) Bechtle AG, a leading IT service provider, has launched Copilot for Microsoft 365 across 14 countries, deploying 5,000 seats to enhance productivity. Copilot integrates seamlessly into Office applications, offering support for routine tasks and suggestions for complex work. … Read the full press release
Posted in Artificial Intelligence (AI), Business, Germany, Industrial, Internet & Online, Management, Small Business, Technology
Tagged AI, artificial-intelligence, Bechtle AG, Copilot for Microsoft 365, Dirk Müller-Niessner, Dynamics 365 Services, German Mittelstand, ISG Provider Lens™ 2023 report, Managed Services for Azure, Microsoft 365 Services Midmarket, Microsoft Cloud Ecosystem Germany, Microsoft Germany, modern workplace, Oliver Gürtler, Solutions Partner
(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have forged agreements with Bulgarian partners, including Allianz Bank Bulgaria (ABB) and United Bulgarian Bank (UBB), to enhance the country’s economy and advance its transition to carbon neutrality. … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Allianz Bank Bulgaria (ABB), Bulgarian Economy, Dobromir Dobrev, EIB, Georgi Zamanov, Julian Popov, Kyriacos Kakouris, partnership, Rumen Radev, SMEs, sustainability, United Bulgarian Bank (UBB)
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering sustainable real estate initiatives in the Baltic states and central and eastern Europe with a €30 million investment in UAB Urban Hub Holding, a joint venture with UAB … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Investment, Lithuania, Management, News, Real Estate, Small Business, United Kingdom
Tagged BALTIC, Eastern Europe, EBRD, Giedrius Muliuolis, Lithuania, partnership, real estate, sustainability, UAB SBA Urban, UAB Urban Hub Holding, Vlaho Kojakovic
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a financing package of US$50 million (€46 million) for Banque du Caire (BDC), a prominent Egyptian bank, aimed at bolstering support for micro, small, and medium-sized enterprises (MSMEs) … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banque du Caire, EBRD, EGYPT, Jürgen Rigterink, MSMEs, partnership, sustainability, Tarek Fayed, women entrepreneurs
(IN BRIEF) During an informal Economic and Financial Affairs Council (Ecofin) meeting in Ghent, President Nadia Calviño of the European Investment Bank (EIB) shared an ambitious vision for the institution’s future. Emphasizing the importance of supporting Europe’s leadership in the … Read the full press release
Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Small Business, Technology
Tagged Belgium, EIB Group, Informal Ecofin Meeting, Nadia Calviño, partnership, sustainability, Vincent Van Peteghem
(IN BRIEF) Wouter Witteman, a master’s student in Embedded Systems at Eindhoven University of Technology (TU/e), is known for his innovative solutions. His latest venture, SUWEVE, aims to improve wheelchair mobility by allowing users to face backward while being pushed. … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) and BT Microfinantare IFN (BT Mic) have reinforced their commitment to the InvestEU Microfinance, Social and Skills Guarantee Product, aiming to provide financial support to 10,000 microenterprises across various sectors, including agriculture, in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Romania, Small Business
Tagged BT Microfinantare IFN, Cristina Sindile, EIF, entrepreneurs, InvestEU, Marjut Falkstedt, microfinance, partnership, Romania, SMEs, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) collaborates with Shinhan Bank Kazakhstan (SBK) to support the expansion of Kazakhstan’s prominent conference hub, the Atakent Business Cooperation Centre in Almaty. Through a KZT 3 billion (US$ 6.6 million) … Read the full press release
(IN BRIEF) Vodafone Business collaborates with vcita, a leading business management software provider, to introduce the Vodafone Business Management tool with vcita. Aimed at small and medium-sized enterprises (SMEs), the app offers an affordable and secure solution to enhance productivity, … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, Technology, Telecom, United Kingdom
Tagged Giorgio Migliarina, Itzik Levy, partnership, Productivity App, SMEs, sustainability, vcita Partner, vodafone, Vodafone Business
(IN BRIEF) Continuing the trajectory initiated with Credit Suisse in 2021, UBS is set to become a strategic partner of the University of St.Gallen (HSG). Emphasizing Switzerland’s position as an international innovation hub, the collaboration aims to foster innovation, entrepreneurship, … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has pledged a substantial €143 million loan to boost the Hellenic Foundation for Research and Innovation (HFRI), fortifying research and development (R&D) initiatives across Greece’s public higher education institutions and research centers. This … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, News, Science, Small Business, Technology
Tagged Christos Staikouras, Dr. Katerina Kouravelou, EIB, Greece, Kostas Skrekas, Kostis Hatzidakis, Kyriacos Kakouris, partnership, Prof. Xenia Chryssochoou, Research & Innovation, SMEs, sustainability
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
