Tag Archives: competitiveness

European Commission and EIB Group Add €22 Billion to InvestEU to Accelerate Strategic Investment Across the EU Economy

(IN BRIEF) The European Commission and the European Investment Bank Group have signed an agreement adding €22 billion in strategic financing under the InvestEU programme, reinforcing the EU’s flagship investment instrument and supporting key transformative investments across the European economy. … Read the full press release

Valio Announces Leadership Transition with Matti Lehmus Appointed to Lead Next Phase of Growth and Renewal

(IN BRIEF) Valio has announced that long-time CEO Annikka Hurme will retire at the end of 2026, with Matti Lehmus appointed as the company’s new CEO from January 1, 2027. Hurme has worked at Valio since 1989 and has led … Read the full press release

EBRD and Credo Bank Strengthen Access to Local Currency Finance for Georgian Small Businesses

(IN BRIEF) The European Bank for Reconstruction and Development is providing a loan of up to US$40 million, equivalent to €34.6 million, to Credo Bank to expand financing for micro, small and medium-sized enterprises in Georgia. The facility will help … Read the full press release

EIF and UniCredit Bank Austria Partnership Advances Innovation, Digital Transformation and Sustainable Growth at KE KELIT

(IN BRIEF) The EIB Group and UniCredit Bank Austria visited Austrian pipe and climate-control systems manufacturer KE KELIT at its Linz production site to highlight the company as an example of successful SME financing under EU-backed guarantee agreements. KE KELIT, … Read the full press release

Telefónica Highlights Connectivity as a Driver of Economic Growth, Digital Inclusion and Social Cohesion

(IN BRIEF) Telefónica’s 2025 socio-economic contribution report shows that the Group generated a positive impact of approximately €78 billion across Spain, Brazil and Germany, including a €45.4 billion contribution to GDP and support for 652,010 direct, indirect and induced jobs. … Read the full press release

CBI survey highlights urgent need for business rates reform to unlock UK investment and improve economic competitiveness

(IN BRIEF) A CBI survey of nearly 700 UK businesses has found that the current business rates system is significantly restricting investment, productivity, and growth. Around one-third of respondents reported cancelling or delaying property investments due to high costs and … Read the full press release

European Investment Bank Group Expands Renewable Energy and Infrastructure Investments with New €10 Billion Funding

(IN BRIEF) The European Investment Bank Group has approved €10 billion in new financing to support a wide range of strategic initiatives, with a strong focus on accelerating Europe’s clean energy transition and strengthening economic competitiveness. Nearly €2 billion of … Read the full press release

European Banking Sector Competitiveness Requires Completion of Banking Union and Streamlined Regulation Says AFME

(IN BRIEF) The Association for Financial Markets in Europe has responded to the European Commission’s consultation on EU banking sector competitiveness, presenting a comprehensive set of recommendations to strengthen banks’ role in supporting economic growth and investment. AFME highlights the … Read the full press release

European Investment Bank Appoints Marko Primorac as Vice President Strengthening Leadership and Expanding Croatian Representation

(IN BRIEF) The European Investment Bank has appointed Marko Primorac as Vice-President, making him the first Croatian representative to join the institution’s Management Committee. Nominated by the Croatian government, Primorac brings extensive experience in public finance, having served as Deputy … Read the full press release

Critical Chemicals Alliance Launch Seen as Turning Point for Europe’s Chemical Industry

(IN BRIEF) Cefic has welcomed the launch of the Critical Chemicals Alliance, calling it a crucial step in implementing the EU’s Chemical Industry Action Plan at a time of mounting closures and declining investment across Europe’s chemical sector. The association … Read the full press release

New ACEA and Adecco Group Analysis Urges Faster Action to Prepare Europe’s Automotive Workforce for Electrification

(IN BRIEF) ACEA and the Adecco Group have published a comprehensive new report examining how Europe’s automotive workforce must adapt to the rapid shift toward electrification and digitalisation. The analysis reveals growing demand for high-skilled roles in software, batteries, and … Read the full press release

EIB Group and Santander Partner in €569.5 Million Securitisation to Boost Green Construction and SME Competitiveness in Spain

(IN BRIEF) The EIB Group, comprising the European Investment Bank and the European Investment Fund, has signed a €569.5 million securitisation deal with Santander to support Spanish SMEs and mid-caps. The transaction will unlock approximately €1.08 billion in financing, including … Read the full press release

New European Space Giant to Emerge from Airbus, Leonardo, and Thales Partnership by 2027

(IN BRIEF) Airbus, Leonardo, and Thales have signed a Memorandum of Understanding to merge their space-related activities into a new European space company designed to strengthen the continent’s industrial and strategic autonomy. The new entity, expected to launch in 2027 … Read the full press release

Patria Bank Secures Second EIB Loan to Expand Credit Access and Promote Sustainable Growth in Romania

(IN BRIEF) The European Investment Bank (EIB) has granted a €25 million loan to Romania’s Patria Bank SA to expand financing for small and medium-sized enterprises (SMEs) and Mid-Cap companies, especially in less-developed regions. A fifth of the funds will … Read the full press release

EIB Strengthens Partnership with Banca di Asti to Boost Financing for Italian Agricultural SMEs

(IN BRIEF) The European Investment Bank (EIB) and Banca di Asti have signed a €100 million financing agreement to support Italian SMEs in the agriculture and bioeconomy sectors, with 10% of the funds reserved for young farmers. The signing took … Read the full press release

EIB launches second phase of Climate Bank Roadmap to drive competitiveness, energy security and resilience

(IN BRIEF) The European Investment Bank (EIB) Group has adopted the second phase of its Climate Bank Roadmap, setting priorities through 2030 that focus on boosting competitiveness, ensuring energy security, and cutting costs for households and companies. The plan doubles … Read the full press release

Sensor specialist HENSOLDT commits €1 billion investment as part of ‘Made for Germany’ business alliance

(IN BRIEF) HENSOLDT has joined the “Made for Germany” initiative, a coalition of more than 100 companies working to strengthen Germany’s competitiveness through investment and dialogue with policymakers. The sensor specialist has already invested in supply chain security, product digitalization, … Read the full press release

First InvestEU Guarantee in Cyprus unlocks €62.5 million in new financing for SMEs and start-ups through EIF and Eurobank

(IN BRIEF) The European Investment Bank Group has signed the first InvestEU Guarantee agreement in Cyprus through the European Investment Fund (EIF) and Eurobank, creating up to €62.5 million in new loans for SMEs and start-ups. Backed by EU support, … Read the full press release

European SMEs to benefit from €65 billion mobilised for energy efficiency under new EIB and EU initiative

(IN BRIEF) The EIB Group has pledged €17.5 billion to accelerate energy efficiency investments by more than 350,000 European SMEs between 2025 and 2027. Backed by the European Commission, the initiative will nearly double current EIB support and aims to … Read the full press release

UK Raises AR7 CfD Strike‐Price Caps to £113/MWh Offshore and £271/MWh Floating Wind, Says WindEurope

(IN BRIEF) The UK has increased strike‑price caps for its AR7 CfD auction to £113/MWh for fixed‑bottom offshore wind, £271/MWh for floating offshore wind, and £92/MWh for onshore and remote island wind, all indexed to 2024 prices. WindEurope director Viktoriya … Read the full press release