Tag Archives: competitiveness

UniCredit and Rise Europe Join Forces to Cultivate Europe’s Next Generation of Startup Leaders

(IN BRIEF) UniCredit and Rise Europe have entered into a strategic partnership designed to strengthen Europe’s startup ecosystem and drive regional competitiveness. Leveraging UniCredit’s extensive 13-country footprint and corporate networks, the collaboration aims to support Rise Europe’s expansion, help promising … Read the full press release

EIF Backs €100 Million Orbit Growth Debt II Fund for Non-Dilutive Tech Financing in Czechia, Poland and Slovakia

(IN BRIEF) The EIF is investing up to €20 million in Orbit Growth Debt II, a new €100 million private credit fund managed by Orbit Capital, focused on non-dilutive senior debt financing for growth-stage tech and tech-enabled SMEs and small … Read the full press release

EBRD Approves New Five-Year Strategy for Bulgaria, Focusing on Green Transition and Competitiveness

(IN BRIEF) The EBRD has approved a new strategy for Bulgaria, focusing on the green transition, competitiveness, and resilience through 2030. The Bank’s investments in Bulgaria have grown significantly, with a focus on sustainable infrastructure and private sector development. The … Read the full press release

voestalpine Calls for Continued Electricity Price Compensation to Protect Austria’s Energy-Intensive Industry

(IN BRIEF) voestalpine AG has urged the Austrian federal government to ensure fair competition for Austria’s energy-intensive industries by continuing to use electricity price compensation, a measure already utilized by many EU countries. The company emphasizes that this compensation is … Read the full press release

Businesses Push for Growth and Sustainability as Energy Demand Soars, According to New EY Research

(IN BRIEF) New EY research reveals that businesses are increasingly focused on electrification, emissions reduction, and managing energy costs, with over 70% of companies planning to increase focus on these areas over the next three years. As energy demand soars, … Read the full press release

Germany Faces Increasing Competition from China in EU Export Markets, KfW Research Finds

(IN BRIEF) KfW Research’s latest study reveals that Germany is facing increased competition from China in EU export markets. While Germany still maintains higher export shares than China in most product categories, its lead is shrinking, with China expanding its … Read the full press release

Boosting Europe’s Energy Future Through Accelerated Wind Deployment

(IN BRIEF) At its 2025 annual event in Copenhagen, the European wind industry outlined a call to action to help Europe address growing energy security and competitiveness challenges amidst economic uncertainty and evolving energy dynamics. The industry highlighted that wind … Read the full press release

EU Financial Instruments and Policy Reforms Set to Propel Croatia’s Competitiveness Amid Regulatory and Digital Gaps

(IN BRIEF) In 2024, Croatia’s economy grew steadily, fueled by significant EU funds, the adoption of the euro, and robust financial support from instruments like EFSI and InvestEU. However, major challenges persist, including a high percentage of exporters (84%) facing … Read the full press release

EBRD Partners with Raiffeisen Bank to Support Digital Transformation of SMEs in Bosnia and Herzegovina

(IN BRIEF) The EBRD is lending €10 million to Raiffeisen Bank Bosnia and Herzegovina under the Go Digital in Western Balkans Programme, aimed at boosting SMEs’ competitiveness through digitalisation, sustainability, and green economy technologies. The programme is supported by EU … Read the full press release

EIB Global Partners with Ameriabank to Strengthen Armenia’s Private Sector with €105 Million Loan

(IN BRIEF) EIB Global has granted a €105 million loan to Ameriabank, marking its largest direct loan to a bank in the South Caucasus. The loan aims to support the growth of Armenia’s private sector by providing affordable financing to … Read the full press release

EBRD Provides €35 Million Loan to Support Montenegro’s Energy Infrastructure Upgrade with SCADA, ADMS, and Smart Meters

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €35 million loan to Crnogorski Elektrodistributivni Sistem (CEDIS) to enhance Montenegro’s energy infrastructure. The funding will be used to introduce advanced SCADA and ADMS systems, along with … 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

EIB Report Highlights Innovation Progress and Challenges in CESEE Region

(IN BRIEF) The European Investment Bank (EIB) presented a report at the Invisso Conference in Vienna examining innovation progress in Central, Eastern, and South-Eastern Europe (CESEE). While the region has made significant strides in R&D and labor productivity, challenges such … Read the full press release

Christian Levin Elected Chair of ACEA’s Commercial Vehicles Board for 2025

(IN BRIEF) Christian Levin, CEO of Scania, has been elected as the new Chair of ACEA’s Commercial Vehicles Board for 2025. He stressed the European truck and bus sector’s leadership in technology and its importance for the region’s competitiveness and … Read the full press release

Schaeffler Restructures European Operations to Enhance Competitiveness and Focus on Future Growth

(IN BRIEF) Schaeffler AG is restructuring its European operations to enhance competitiveness and align with industry changes. Key measures include closing the Berndorf, Austria, facility and shifting production to more cost-efficient sites, consolidating operations at Brasov, Romania, and realigning production … Read the full press release

Report Highlights the Urgent Need for Strategic Measures to Enhance Resilience and Competitiveness of EU Firms Amid Supply Chain Challenges

(IN BRIEF) The European Investment Bank (EIB) has released a report titled “Navigating Supply Chain Disruptions: New Insights on the Resilience and Transformation of EU Firms,” in collaboration with the European Commission’s Directorate-General for Internal Market, Industry, Entrepreneurship, and SMEs. … Read the full press release

Kembara Fund I FCR Secures €350 Million EIF Commitment to Drive Deep Tech and Climate Innovation

(IN BRIEF) Kembara Fund I FCR, a €1 billion deep tech and climate-focused fund managed by Spain-based Alma Mundi Ventures, has secured a €350 million commitment from the European Investment Fund (EIF). As the first Spanish fund to be selected … Read the full press release

Leading Tech Giants Advocate for EU Digital Competitiveness

(IN BRIEF) In a joint statement, Ericsson, IBM, Intel, Nokia, and Vodafone urged policymakers to prioritize Europe’s digital competitiveness, emphasizing the need for a true Digital Single Market, investment in advanced connectivity, and tailored regulatory frameworks. The companies highlighted five … Read the full press release

Continental Announces Streamlining Measures to Enhance Competitiveness in Automotive Sector

(IN BRIEF) Continental, a leading automotive technology company, has unveiled a series of measures aimed at strengthening the competitiveness of its Automotive sector. The company plans to simplify and streamline its business and administrative structures, targeting an annual cost reduction … Read the full press release

Volkswagen Group Technology Focuses on Scalability and Competitiveness in E-Mobility

(IN BRIEF) Volkswagen Group Technology has announced that it contributed around 40% of the total value added, including a new electric drive generation, for Volkswagen’s new flagship ID.7. The highly efficient drive generation, called APP550, has higher performance and improved … Read the full press release