Tag Archives: DEG

G7 DFIs and EBRD Collaborate to Establish Ukraine Investment Platform for Reconstruction Efforts

(IN BRIEF) G7 Development Finance Institutions (DFIs) and the European Bank for Reconstruction and Development (EBRD) have announced the establishment of the Ukraine Investment Platform. This collaborative effort aims to support Ukraine’s reconstruction needs following the conflict. The platform will … Read the full press release

EBRD to support Egypt’s renewable energy sector by investing in the green bond issuance of Norwegian solar power producer Scatec ASA

EBRD investment of up to US$ 100 million in a certified green bond issuance in favour of Scatec ASA US$ 30 million Credit Enhancement Facility First private green project bond issuance in Egypt and the SEMED region (PRESS RELEASE) LONDON, … Read the full press release

EBWE wird Ägyptens Sektor für erneuerbare Energien unterstützen, indem sie in die Emission grüner Anleihen des norwegischen Solarstromproduzenten Scatec ASA investiert

EBWE-Investition von bis zu 100 Millionen US-Dollar in eine zertifizierte Green-Bond-Emission zugunsten von Scatec ASA Kreditverbesserungsfazilität in Höhe von 30 Millionen US-Dollar Emission der ersten privaten grünen Projektanleihe in Ägypten und der SEMED-Region (PRESSEMITTEILUNG) LONDON, 28-Apr-2022 — /EuropaWire/ — Die … Read the full press release

Brazilian Red Cross received two buses transformed into mobile vaccination units from Mercedes-Benz do Brasil as a donation

(PRESS RELEASE) STUTTGART, 18-Jun-2021 — /EuropaWire/ — Mercedes-Benz do Brasil, part of Daimler AG, has announced it transformed two buses into mobile vaccination units. The two vehicles, an OF 1519 urban bus and an 0 500 R touring coach, have … Read the full press release

EBRD highlights its strong commitment to promoting gender equality by joining initiative to step up women empowerment

2X Challenge plans to raise US$ 15 billion by end-2022 Enhancing women’s access to entrepreneurship and leadership opportunities (PRESS RELEASE) LONDON, 9-Jun-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that it has joined the 2X … Read the full press release

Deutsche Investitions- und Entwicklungsgesellschaft – DEG will provide $12 million long-term loan to Asia Royal for a hospital in Myanmar

(PRESS RELEASE) COLOGNE, 18-May-2020 — /EuropaWire/ — KfW Group subsidiary Deutsche Investitions- und Entwicklungsgesellschaft – DEG announced it will help Myanmar improve its healthcare system by providing a $12 million long-term loan to Asia Royal Company Ltd. (Asia Royal). The … Read the full press release

DEG to pool activities in the West African countries with new representative office in Lagos

(PRESS RELEASE) COLOGNE, 8-Nov-2019 — /EuropaWire/ — DEG – Deutsche Investitions- und Entwicklungsgesellschaft opens a representative office in Lagos. The new office in Nigeria’s economic hub will pool DEG’s activities in the West African countries. Nigeria is one of the … Read the full press release

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH to invest 14 million USD in Grupo Vitalmex

COLOGNE, 12-Sep-2018 — /EuropaWire/ — DEG is co-Investor in a financing tranche led by Australis providing growth capital for Grupo Vitalmex. The demand for medical procedures is rising in Mexico, due to high rates of chronic diseases including cardiovascular disease and … Read the full press release

Women to make up two of the three members of DEG’s Management Board with the appointment of Christiane Laibach and Monika Beck

COLOGNE, 04-Jul-2018 — /EuropaWire/ — Christiane Laibach has taken office as Chair of the Management Board of DEG. She succeeds Bruno Wenn. Monika Beck has been appointed as a new member of the DEG Management Board. Bruno Wenn retires Christiane … Read the full press release

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH inaugurated its extension building on Agrippastraße in Cologne’s city centre

Construction seen as investment in the future COLOGNE, 12-Sep-2017 — /EuropaWire/ — The “DEG-Campus” in Cologne’s city centre is taking shape: On Monday, 11 September 2017, DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, inaugurated its extension building on Agrippastraße. “Our decision … Read the full press release

EBRD joins forces with all other shareholders of Azerbaijan’s Unibank to strengthen its capital

LONDON, 27-Jun-2017 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) is joining forces with all other shareholders of Azerbaijan’s Unibank to strengthen its capital. Unibank’s share capital will increase by AZN 49 million and will enable it to … Read the full press release

DEG provides long-term loan for Waelzholz expansion in Brazil

Long-term loan for investments in expansion COLOGNE, 08-Jun-2017 — /EuropaWire/ — Cold rolled steel strip is used, for example, in the automotive industry, toolmaking or manufacturing of industrial equipment. The German Waelzholz Gruppe, headquartered in Hagen, North-Rhine Westphalia, is one … Read the full press release

DEG funds biodegradable packaging and disposable tableware manufacturer BIO-LUTIONS GmbH

Product made from agricultural waste replaces plastic packaging Production plant to be built in India EUR 500,000 from the Up-scaling Programme COLOGNE, 14-Mar-2017 — /EuropaWire/ — Waste from plastic packaging is a growing environmental problem throughout the world. The Indian government … Read the full press release

DEG to provide long-term loan to SREI Equipment Finance Ltd. to fund infrastructure and construction equipment requirement in India

USD 25 million for SREI Equipment Finance Limited Financing for infrastructure and construction equipment to small and medium-sized enterprises Long-standing partnership with SREI Group COLOGNE, 07-Feb-2017 — /EuropaWire/ — The infrastructure sector is a major driver of the Indian economy. … Read the full press release

DEG hosts topping-out ceremony of its extension building in Cologne city centre

Additional office space for another 120 workspaces Completion scheduled for end of 2017 COLOGNE, 13-Sep-2016 — /EuropaWire/ — The shell of DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH’s extension building in the city centre of Cologne is now complete. The topping-out … Read the full press release

DEG, BCG Study: Bridging the skills gaps in developing countries can create jobs

Study by DEG and The Boston Consulting Group analyses good practices in developing countries Companies, staff, suppliers and society are benefiting COLOGNE, 25-Jan-2016 — /EuropaWire/ — More than 200 million people worldwide are looking for jobs. Companies at the same time … Read the full press release

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH to provide USD 10 million long-term loan to Agrotop S.A. for expanding its cooking oil production in Chile

USD 10 million for new oil mill for Agrotop S.A. Income for approx. 700 farmers Contribution to rural development in southern Chile COLOGNE, 30-11-2015 — /EuropaWire/ — DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, provides the Chilean agribusiness, Agrotop S.A. (Agrotop), … Read the full press release

DEG committed EUR 1.47bn to finance private investments in developing and emerging-market countries in 2014

New commitments 2014 above previous year’s level: EUR 1.47bn EUR 855m for investments in future markets Major focus on climate and resource protection COLOGNE, 12-2-2015 — /EuropaWire/ — DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, committed EUR 1.47bn to finance … Read the full press release

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH to provide EUR 17m long-term loan to Promotora de Viviendas Integrales, S.A. de C.V. for green housing construction in Mexico

Loan of EUR 17m in local currency to medium-sized property developer Affordable low- and middle-income housing Cologne, Germany, 9-9-2014 — /EuropaWire/ — In the rapidly growing cities in developing and emerging-market countries housing is scarce and construction activities are often … Read the full press release

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH provided long-term loan in Philippine peso to Philippine Cravings Group for expansion investments

Provision of a loan of 10m US-dollars Renewed partnership with Cravings Group  Cologne, Germany,  15-10-2013 — /EuropaWire/ — DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH, extends its cooperation with the Philippine Cravings Group: it provides the Group with a long-term loan … Read the full press release