(IN BRIEF) The EBRD, in partnership with Raiffeisen Bank International, is providing €103 million to fund a 237 MWp solar photovoltaic plant in southeastern Bulgaria, developed by Tenevo Solar Technologies. The project will generate over 300 GWh of electricity annually, … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Bulgaria, EBRD, Grzegorz Zieliński, Kalina Pelovska, partnership, Raiffeisen Bank International, solar project, sustainability, Tenevo Solar Technologies
(IN BRIEF) EIB Group President Nadia Calviño visited Bulgaria to discuss increased financing opportunities aimed at boosting economic growth, job creation, and the country’s green transition. In partnership with Bulgarian Deputy Prime Minister Lyudmila Petkova, the EIB Group plans to … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Bulgaria, EIB Group, Lyudmila Petkova, Nadia Calviño, partnership, SMEs, sustainability
(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) Borealis announces the successful acquisition of Integra Plastics AD, a Bulgarian advanced mechanical recycling player, solidifying its position in the circular economy landscape. Integra Plastics’ state-of-the-art recycling plant, with an annual capacity exceeding 20,000 tons, significantly bolsters Borealis’ … Read the full press release
(IN BRIEF) Italian and Bulgarian authorities, with the support of Eurojust, have apprehended 22 individuals associated with an organized crime group (OCG) involved in human trafficking. The OCG exploited numerous female victims, coercing them into prostitution through deceptive promises of … Read the full press release
Posted in Bulgaria, Business, Government, Industrial, Italy, Law, Management, Netherlands, News, Security & Safety
Tagged Bulgaria, Eurojust, Human Trafficking Ring, Italy, partnership
(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 Bank for Reconstruction and Development (EBRD) is set to guarantee up to €25 million for a loan extended by UniCredit Bulbank to the Tsenovo solar plant in Bulgaria, marking the first greenfield renewable project financed under … Read the full press release
(IN BRIEF) The European Investment Fund (EIF), a part of the European Investment Bank Group, has inked guarantee agreements with four Bulgarian banks, including Postbank (Eurobank Bulgaria), ProCredit Bank Bulgaria, UniCredit Bulbank, and United Bulgarian Bank, facilitating up to €2 … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Bulgaria, EIF, green transition, Marjut Falkstedt, Milena Stoycheva, partnership, Postbank (Eurobank Bulgaria), ProCredit Bank Bulgaria, SMEs, sustainability, UniCredit Bulbank, United Bulgarian Bank
(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release
Posted in Austria, Automotive, Banks, Bulgaria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Romania, Technology
Tagged Austria, Bulgaria, clean mobility, Eastern Europe, EIB, Eldrive Holding GmbH, EV charging stations, installation, Kyriacos Kakouris, Lithuania, partnership, Romania, Stefan Spassov, sustainability
(IN BRIEF) Judicial and law enforcement authorities from Germany, Cyprus, Bulgaria, and Sweden collaborated in a coordinated action against an organized crime group suspected of online trading fraud. The criminal network operated fraudulent online trading platforms from call centers and … Read the full press release
Posted in Bulgaria, Business, Cyprus, Economy, Financial, Germany, Government, Industrial, International Trade, Internet & Online, Investment, Law, Management, Netherlands, News, Security & Safety, Sweden, Technology
Tagged Bulgaria, Cyprus, Defrauding, Eurojust, EUROPOL, Fraud Network, Germany, Netherland, online trading, partnership, Sweden
(IN BRIEF) UniCredit has received certification from the Top Employers Institute for the eighth consecutive year, highlighting its commitment to employee well-being and excellence in HR policies. The European-level Top Employer Certification was awarded based on local certifications in Bulgaria, … Read the full press release
Posted in Awards, Banks, Business, Financial, Industrial, Investment, Italy, Management, News, Technology
Tagged Awards, Bulgaria, David Plink, Europe, Germany, Italy, Poland, SERBIA, Siobhan McDonagh, Top Employer Certifications, Top Employers Institute, UNICREDIT
(IN BRIEF) The European Investment Bank (EIB) has partnered with Kristera AD, a subsidiary of Agria Group Holding, to provide a €35 million loan for the construction of a new sunflower oil processing plant in northern Bulgaria and the acquisition … Read the full press release
Posted in Banks, Bulgaria, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Agria Group Holding, Bulgaria, EIB, Emil Raykov, Kristera AD, Kyriacos Kakouris, partnership, Sunflower Oil Plant, sustainability, sustainable transport
(IN BRIEF) The power sector is undergoing a vital transformation to meet climate goals by shifting towards carbon-free electricity production. The European Bank for Reconstruction and Development (EBRD) is actively contributing to this transition through its Renewable Energy Programme, particularly … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Azerbaijan, Bulgaria, clean power, EBRD, fossil fuels, Fuels Transition, MOLDOVA, Montenegro, partnership, renewable energy, Romania, sustainability
(IN BRIEF) The European Investment Bank (EIB) will provide advisory assistance to the Bulgarian Ministry of Innovation and Growth to enhance the effectiveness of the development financial institutions it supervises, with the aim of better supporting the Bulgarian economy. The … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Bulgaria, Bulgarian Development Bank (BDB), economy, European Investment Bank, Financial, Fund Manager of Financial Instruments in Bulgaria (FMFIB), Kyriacos Kakouris, Milena Stoycheva, partnership, sustainability
(IN BRIEF) Heidelberg Materials has begun construction on a pilot carbon capture installation named ANRAV.beta at its plant in Devnya, Bulgaria. This pilot unit is a significant step towards the company’s larger ANRAV project in Bulgaria, the first full-chain carbon … Read the full press release
Posted in Bulgaria, Business, Construction, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged ANRAV.beta, Bulgaria, carbon capture, CCUS, Dr Nicola Kimm, Eastern Europe, Ernest Jelito', Heidelberg Materials, Milena Stoycheva, OxyCal technology, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €12.8 million loan agreement with the Municipality of Burgas in Bulgaria to co-finance the construction of a specialized children’s hospital. This modern facility, equipped with zero-emission technologies, aims to provide … Read the full press release
Posted in Banks, Bulgaria, Business, Construction, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate, Technology
Tagged 21st Century healthcare, Bulgaria, Burgas, Children's Hospital, Dimitar Nikolov, EIB, Lilyana Pavlova, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Bulgarian Development Bank (BDB) have signed a €175 million loan agreement to improve access to finance for small and medium-sized enterprises (SMEs) and mid-caps in Bulgaria. The loan aims to support companies … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Assen Vassilev, Bulgaria, Bulgarian Development Bank, digitalization, economy, European Investment Bank, financing, Iliya Karanikolov, INNOVATION, Lilyana Pavlova, Marjut Falkstedt, Milena Stoycheva, Paolo Gentiloni, partnership, SME, sustainability
(IN BRIEF) Archie Benn and Isaac Tredant, two friends who have never ridden a tandem before, will pedal a tandem bicycle 2,000 miles from Bristol to Istanbul to raise money for the Bristol homeless shelter Julian Trust. The best mates … Read the full press release
Posted in Education, Financial, Management, Media, News, Science, United Kingdom
Tagged Archie Benn, Bristanbul, Bristol, Bulgaria, charity, CROATIA, France, Isaac Tredant, İstanbul, Julian Trust, Luxembourg, Professor Nicholas Roberts, Rob O'Sullivan, Slovenia, University of Bristol
(IN BRIEF) MAXIMA Group, a retail company that operates in the Baltic States, Poland, and Bulgaria, has joined the Science Based Targets initiative (SBTi) to reduce its impact on the environment by 2030. The company will reduce its direct and … Read the full press release
(PRESS RELEASE) LONDON, 13-Dec-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced a 60 million loan to ProCredit Bank in Bulgaria in support of SMEs in the country impacted by … Read the full press release
Posted in Banks, Bulgaria, Financial, Infrastructure & Utilities, Investment, Small Business, United Kingdom
Tagged Anca Ioana Ionescu, Bulgaria, EBRD, loan, ProCredit Bank, Rumyana Todorova, SMEs
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