Category Archives: Small Business

Small Business Press Releases & News distributed via EuropaWire

ABB Acquires Sensorfact to Strengthen Digital Energy Solutions for Industrial Clients

(IN BRIEF) ABB has acquired Sensorfact BV, a leader in energy management solutions, to enhance its digital energy offerings for industrial clients. Sensorfact’s AI-powered SaaS platform helps small and medium-sized enterprises optimize energy consumption and reduce operational costs. This acquisition … Read the full press release

EIB and Banco Desio Launch €400 Million Financing Initiative to Support Innovation in Italian Businesses

(IN BRIEF) In Milan, the European Investment Bank (EIB) and Banco Desio signed the first €60 million tranche of a €200 million credit line designed to boost €400 million in investment for Italian SMEs and mid-cap businesses. The initiative aims … Read the full press release

TIMETOACT GROUP Expands Cloud Transformation Expertise with Acquisition of beBOLD Consulting

(IN BRIEF) TIMETOACT GROUP has acquired beBOLD, a consulting firm specializing in cloud transformation and digital innovation, marking another step in its strategy to expand its capabilities in cloud consulting. The acquisition strengthens TIMETOACT GROUP’s position in providing end-to-end cloud … Read the full press release

EIF and MicroBank Secure €450 Million Guarantee Agreement to Support Spain’s Entrepreneurs and Social Enterprises

(IN BRIEF) The European Investment Fund (EIF) and MicroBank have signed a €450 million guarantee agreement to mobilise €750 million in financing for entrepreneurs, micro-enterprises, and social enterprises across Spain. This initiative, backed by InvestEU, aims to address the financing … Read the full press release

Mutares Completes Acquisition of S.M.A. Metalltechnik to Enhance SFC Group’s Automotive Cooling and Thermal Management Capabilities

(IN BRIEF) Mutares SE & Co. KGaA has acquired S.M.A. Metalltechnik GmbH & Co. KG, a company specializing in the manufacturing of impermeable aluminium pipes for automotive cooling applications. This acquisition will strengthen SFC Group’s capabilities in climate control and … Read the full press release

EBRD Partners with Bank Millennium for €66 Million Synthetic Securitisation Deal to Boost Lending and Support Green Projects

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has signed a €66 million synthetic securitisation deal with Bank Millennium in Poland, marking the EBRD’s second capital relief transaction in the country. This deal will help Bank Millennium strengthen … Read the full press release

EIF Pledges €20 Million to New Private Credit Fund Supporting Baltic SMEs and Sustainable Growth

(IN BRIEF) The European Investment Fund (EIF) has committed €20 million to the SG Capital Baltic Private Credit Fund, a new initiative managed by Latvia-based SG Capital Partners AIFP. The fund aims to raise €100 million to support small and … Read the full press release

EIF and Catalan Finance Institute Partner to Fund Sustainability Projects for SMEs in Catalonia

(IN BRIEF) The European Investment Fund (EIF) and Catalan Finance Institute (ICF) have signed a €40 million guarantee agreement under the InvestEU programme to support sustainability projects by SMEs and mid-caps in Catalonia. The agreement will enable ICF to mobilize … Read the full press release

InvestEU-backed initiative offers businesses in Finland access to affordable financing for energy efficiency and clean technology

(IN BRIEF) Finnish companies will gain access to over €400 million in financing for green and digital transformations through a partnership between Nordea Bank and the European Investment Fund (EIF). Backed by the InvestEU programme, the agreement provides SMEs and … Read the full press release

NIB Partners with Ziklo Bank AB to Boost Financing for Swedish SMEs and SMCs

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a SEK 750 million (approximately EUR 65.2 million) loan agreement with Ziklo Bank AB to support small and medium-sized enterprises (SMEs) and small mid-caps (SMCs) in Sweden. The 7-year program will … Read the full press release

Juha Ketola Named Executive Vice President for SME and Midcap Financing at Finnvera

(IN BRIEF) Finnvera plc has confirmed Juha Ketola’s appointment as Executive Vice President for SME and midcap financing, starting January 2025. Ketola, who has served as interim Executive Vice President since June 2024, brings extensive leadership experience, particularly as a … Read the full press release

EIB Commits €15.6 Billion to Security, Renewable Energy, and Infrastructure in Ambitious Investment Drive

(IN BRIEF) The European Investment Bank (EIB) has approved €15.6 billion in financing to support key projects across security, energy, climate resilience, and infrastructure. Highlights include €1 billion to support SMEs in security and defence supply chains, €6.8 billion for … Read the full press release

Credit Conditions Improve in CESEE as Banks Show Optimism Amid Economic Uncertainties

(IN BRIEF) The CESEE Bank Lending Survey by the European Investment Bank (EIB) reveals a recovery in credit demand and supply across Central Eastern and South-Eastern Europe, driven by increased consumer confidence and improved lending conditions, particularly for SMEs. Retail … Read the full press release

EIF Commits €15 Million to Merito Partners’ Fund to Boost SME Growth in the Baltic Region

(IN BRIEF) The European Investment Fund (EIF) has committed €15 million from the Baltic Innovation Fund II to Merito Partners’ ‘Merito Baltic Opportunities I AIF,’ marking its first institutional investment in the fund. Aiming to raise €100 million, the fund … Read the full press release

EIB Grants €400 Million to Boost SMEs, Sustainability, and Economic Growth in Czech Republic and Slovakia

(IN BRIEF) The European Investment Bank (EIB) has provided €400 million in loans to Komerční banka and SG Equipment Finance Czech Republic (SGEF) to support small and medium-sized enterprises (SMEs) and Mid-Cap companies in the Czech Republic and Slovakia. The … Read the full press release

EU and EIB Launch €160 Million Green Investment Initiative to Boost Serbian SMEs and Jobs

(IN BRIEF) The European Union, in partnership with EIB Global, Banca Intesa, and Intesa Leasing, has unveiled a €160 million financial package to support Serbian small and medium-sized enterprises (SMEs) and mid-sized companies. This initiative will fund green projects, renewable … Read the full press release

Garanti BBVA and TÜRKONFED Empower SMEs with Twin Transformation Initiative

  (IN BRIEF) Garanti BBVA, in partnership with TÜRKONFED, has launched the New Horizons in Twin Transformation project to help SMEs in Türkiye adopt green and digital practices, enhancing their competitiveness and sustainability. The initiative includes workshops and panels across … Read the full press release

EIF and Banca Etica Unlock €200 Million for Ethical Investments in Italy and Spain

(IN BRIEF) The European Investment Fund (EIF) and Banca Etica have signed a €164 million guarantee agreement, supported by InvestEU, to unlock over €200 million in investments across Italy and Spain. This initiative will provide more than 1,000 social enterprises, … Read the full press release

EIB Group Opens Malta Office to Strengthen Local Partnerships and Drive Sustainable Investments

(IN BRIEF) The European Investment Bank (EIB) Group has deepened its ties with Malta by opening a new office in Valletta, enhancing collaboration with local businesses, government, and stakeholders. Announced by EIB Group President Nadia Calviño alongside Finance Minister Clyde … Read the full press release

EIB Group and Santander Partner on €183 Million Green Financing Boost for Energy Efficiency in Portugal

(IN BRIEF) The European Investment Bank Group (EIB Group), in partnership with Santander, has launched a €183 million initiative to boost energy efficiency investments in Portugal. The agreement includes €91.6 million in EIB Group support for Santander’s upper-mezzanine tranche, enabling … Read the full press release