Barclays Continues Expansion Strategy with Key Hire for German-speaking Markets

(IN BRIEF) Barclays, a leading global financial institution, has announced the appointment of Christian Wagner as the Head of Investment Banking for Germany, Austria, and Switzerland (DACH). In this role, Mr. Wagner will oversee the entire Investment Banking business for … Read the full press release

DNB Enhances SME Support with EIF Partnership, Unlocks NOK 2.5 Billion in Funding

(IN BRIEF) Norway’s largest lender, DNB Bank ASA, has partnered with the European Investment Fund (EIF) to bolster support for small and medium-sized enterprises (SMEs) through a groundbreaking collaboration. Backed by an EIF guarantee under the InvestEU program, DNB will … Read the full press release

InvestEU Program Bolsters SME Support: EIF and Innovation Norway Ink Landmark Deals

(IN BRIEF) The European Investment Fund (EIF) and Innovation Norway have sealed two groundbreaking agreements aimed at bolstering financing opportunities for small and medium-sized enterprises (SMEs) in Norway. This strategic collaboration will empower Innovation Norway to expand its lending volume, … Read the full press release

EIF Leads €100 Million Pledge to RIVE Infrastructure Impact Fund in Green Transition Push

(IN BRIEF) The European Investment Fund (EIF) has pledged €100 million to the RIVE Infrastructure Impact Fund (RIIF), marking a significant commitment to the energy transition in Europe. Managed by RIVE Private Investment, RIIF focuses exclusively on supporting SMEs across … Read the full press release

Breaking Ground: InvestEU Programme Launches in Iceland with Byggðastofnun Guarantee Pact

(IN BRIEF) In a significant move to bolster Icelandic small entrepreneurship beyond the capital region, the European Investment Fund (EIF) has inked a guarantee agreement with the Icelandic regional development agency, Byggðastofnun, under the European Commission’s InvestEU initiative. This agreement … Read the full press release

European Investment Bank and Deutsche Kreditbank Strengthen 25-Year Collaboration with Renewables Initiative

(IN BRIEF) The European Investment Bank (EIB) and Deutsche Kreditbank (DKB) recently celebrated their 25-year partnership by signing a new agreement at DKB’s Berlin headquarters, aimed at supporting renewable energy projects for Small and Medium Enterprises (SMEs) in Germany. Under … Read the full press release

Volkswagen Appoints Martin Sander as Sales, Marketing, and After Sales Board Member

(IN BRIEF) Volkswagen Passenger Cars is gearing up for a change in its leadership as Martin Sander prepares to take the helm as the new Board Member for Sales, Marketing, and After Sales starting July 1, 2024. Succeeding Imelda Labbé, … Read the full press release

EU and Nefco Transform University Facilities into Social Housing for IDPs in Ivano-Frankivsk

(IN BRIEF) In response to the pressing need for safe housing for internally displaced persons (IDPs) in Ivano-Frankivsk, a city in western Ukraine, the European Union and Nefco have undertaken a transformative initiative. With approximately 41,000 IDPs seeking refuge in … Read the full press release

MCFA’s Partnership with ENGIE Energy Access Mozambique to Propel Sustainable Cooking Solutions in Mozambique

(IN BRIEF) The Modern Cooking Facility for Africa (MCFA) has joined forces with ENGIE Energy Access Mozambique to advance clean cooking solutions in Mozambique, backed by EUR 1.3 million in funding. Through ENGIE’s subsidiary in Mozambique, innovative biodigester technology will … Read the full press release

Tri-State Partners with JUWI Inc. to Introduce Groundbreaking Solar Initiatives

(IN BRIEF) Tri-State Generation and Transmission Association, a prominent energy entity, has forged a groundbreaking partnership with JUWI Inc., marking a monumental shift towards renewable energy endeavors. Their collaboration culminated in the acquisition of two solar projects in western Colorado: … Read the full press release

Infineon Unveils Next-Generation 600 V CoolMOS™ 8 High Voltage SJ MOSFET Series

(IN BRIEF) Leading semiconductor manufacturer Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) announces the launch of its latest innovation, the 600 V CoolMOS™ 8 high voltage superjunction (SJ) MOSFET product family. Serving as successors to the P7, PFD7, C7, … Read the full press release

Diverse Voices Unite: Bertelsmann Party 2024 Brings Together Leaders in Media, Politics, and Business

(IN BRIEF) Bertelsmann is gearing up for its much-anticipated Bertelsmann Party 2024 in Berlin, welcoming over 600 distinguished guests from media, politics, business, and society. Set against the backdrop of the company’s iconic premises, the event promises an evening filled … Read the full press release

Bias Alert: LlamaChat AI Chatbot Favors Pro-European Views, Study Shows

(IN BRIEF) A recent study conducted by researchers from the University of Copenhagen sheds light on the political bias embedded within LlamaChat, a popular AI chatbot developed by Meta, particularly in its responses to European Union (EU) political issues. According … Read the full press release

Schnelldorf Facility Upgrade: Merck Boosts Life Science Distribution Capacity

(IN BRIEF) Merck, a leading science and technology company, has inaugurated its expanded Life Science distribution center in Schnelldorf, Germany, following a €180 million investment that nearly doubled its size to 25,000 square meters. The upgraded facility now includes manual … Read the full press release

AF Gruppen Subsidiary Set to Construct Modern Business Hub in Osterøy, Norway with NOK 111 Million Project

(IN BRIEF) Helgesen Tekniske Bygg AS (HTB), a subsidiary of AF Gruppen, has secured a turnkey contract worth NOK 111 million excluding VAT with Høgafjellet Eigedom AS for the construction of a new warehouse and logistics facility in Espevoll, Osterøy … Read the full press release

Chile’s Renewable Energy Boost: PowerTree Selects AFRY for Solar Portfolio Engineering

(IN BRIEF) PowerTree, a global renewable energy company, has partnered with AFRY to construct a 45MW solar portfolio in Chile, aiming to integrate clean energy into the national grid. As an Independent Power Producer (IPP), PowerTree specializes in solar development … Read the full press release

Stora Enso and Altris Unite to Drive Eco-Friendly Battery Solutions in Europe

(IN BRIEF) Stora Enso and Altris, a Swedish sodium-ion battery developer, have joined forces to propel the advancement and commercialization of a sustainable battery value chain in Europe. The collaboration centers on integrating Stora Enso’s Lignode®—a sustainable hard carbon derived … Read the full press release

ABN AMRO’s Chantal Korteweg Honored with Changemaker Award at Financial Alliance of Women’s Annual Summit

(IN BRIEF) Chantal Korteweg, Head of Social Impact & Inclusive Banking at ABN AMRO, was honored with the Changemaker Award at the Financial Alliance of Women’s Annual Summit for her significant contributions to advancing opportunities for women entrepreneurs, particularly through … Read the full press release

Airbus H145 Helicopters Chosen by HTM for Offshore Wind Transport Solutions

(IN BRIEF) HTM Helicopters has initiated an order for an Airbus H145 helicopter, with an option for two more of the same model, to bolster their fleet for offshore wind operations along the coasts of Germany and France. Bernd Brucherseifer, … Read the full press release

ANDRITZ Plays Key Role in Expanding Türkiye’s Renewable Energy Infrastructure with Silvan Hydropower Plant

(IN BRIEF) The Turkish water authority, Devlet Su İşleri (DSI), has chosen international technology group ANDRITZ to provide electro-mechanical equipment for the new 160 MW Silvan hydropower plant in Türkiye. ANDRITZ will supply turbines, generators, and associated equipment for the … Read the full press release