(IN BRIEF) DPG Media Group has secured a €120 million loan from the European Investment Bank (EIB) as part of its ongoing digital transformation, which involves investing €392 million in the period 2024-2026. The loan will help accelerate the company’s … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, Media, News, Technology
Tagged advertising platform, AI, artificial intelligence, audio technology, content distribution, Cybersecurity, Digital Europe Programme, digital transformation, digitalisation, DPG Media Group, EIB, Erik Roddenhof, European Investment Bank, magazines, media platforms, partnership, Robert de Groot, RTL Play, streaming platforms, Streamz, text-to-speech, Trusted Web, VTM GO, €120 million loan, €392 million investment
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 40 million loan agreement with Valoo Oy, a Finnish internet service provider, to support the expansion of fibre infrastructure in Finland. The loan, backed by the InvestEU Guarantee, will … Read the full press release
Posted in Banks, Business, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Management, News, Technology
Tagged 100 Mbps broadband, André Küüsvek, CVC DIF, digital infrastructure, digital services, digitalisation, EUR 40 million loan, fibre infrastructure, fibre optic network, Finland, Finnish Industry Investment Ltd, high-speed Internet, InvestEU guarantee, municipalities, NIB, Nordic Investment Bank, Oulu region, partnership, single-dwelling households, southern Finland, suburban areas, Tesi, Valoo Oy
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Montenegro, News, Technology, United Kingdom
Tagged ADMS, CEDIS, competitiveness, Crnogorski Elektrodistributivni Sistem, Cybersecurity, digitalisation, EBRD, Elektroprivreda Crne Gore, Energy Community, energy efficiency, energy sector, energy transition, EPCG, EU, European Bank for Reconstruction and Development, funding, Green Energy, infrastructure upgrades, Montenegro, Operational Efficiency, partnership, Remon Zakaria, renewable energy, SCADA system, smart meters, sustainability, sustainable energy, technical losses, Vladimir Ivanović, Western Balkans Investment Framework
(IN BRIEF) The US plans a $500 billion investment into AI, including new infrastructure to support the energy demands of AI systems and flexible regulations. In contrast, researchers at the University of Groningen, led by professor Bart Verheij, are developing … Read the full press release
Posted in Artificial Intelligence (AI), Education, Industrial, Netherlands, Science, Technology
Tagged AI, AI decision-making, AI intelligence, AI regulations, ChatGPT, CogniGron, digitalisation, energy efficiency, energy-efficient hardware, energy-intensive systems, Faculty of Science and Engineering, Groningen Cognitive Systems and Materials Center, human collaboration, Machine Learning, medical applications, new materials, professor Bart Verheij, reasoning, Responsible AI, societal challenge, sustainable AI, University of Groningen, US
(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
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business, Technology
Tagged 24-month financing, Alessandro Decio, Banco Desio, competitiveness, digitalisation, EIB, emerging technologies, European Investment Bank, favourable interest rates, financing opportunity, funding for innovation, Gelsomina Vigliotti, INNOVATION, Italy, job creation, mid-cap businesses, Milan, partnership, regional growth, small and medium-sized enterprises, SMEs, sustainability, technological growth, technology
(IN BRIEF) This week, the Dutch Senate is deliberating the 2025 budget, which includes significant cuts to higher education and scientific research. NWO has expressed concern that these reductions will hinder the Netherlands’ ability to remain competitive as a knowledge-based … Read the full press release
Posted in Business, Economy, Education, Financial, Government, Industrial, Investment, Management, Netherlands, News, Politics, Science, Technology
Tagged 2025 budget, Climate, COVID-19, cuts, digitalisation, Dutch Senate, economic growth, Education Quality, health, higher education, INNOVATION, knowledge economy, Marcel Levi, MRI scanner, Netherlands, NWO, Open Science, Open Science NL, PhD grants, prosperity, Radboudumc, research funding, safety, Scientific Infrastructure, scientific research, strategic autonomy, talent, teachers, universities, university medical centers
(IN BRIEF) Rheinmetall Electronics GmbH has increased its stake in the Bavarian software developer blackned GmbH from 40% to 51%, gaining majority control of the company. This move underscores Rheinmetall’s commitment to the digitalisation of armed forces. The acquisition is … Read the full press release
Posted in Business, Defence, Financial, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Technology
Tagged armed forces, Armin Papperger, Bavaria, blackned GmbH, Bremen, Bundeswehr, combat vehicles, D-LBO project, defense contractor, defense technology, digital solutions, digitalisation, German Federal Cartel Office, IT architectures, IT systems integration, majority control, military applications, partnership, rapid growth, Rheinmetall AG, Rheinmetall Electronics GmbH, share purchase agreement, shares acquisition, software developer, support vehicles, workforce
(IN BRIEF) The Nordic Investment Bank (NIB) has finalized a SEK 280 million (approx. EUR 24 million) five-year loan agreement with EcoDC AB (EcoDataCenter) to support the expansion of its Falun data centre in Sweden. This funding will enable EcoDataCenter … Read the full press release
Posted in Banks, Financial, Finland, Industrial, Infrastructure & Utilities, Sweden, Technology, Telecom
Tagged André Küüsvek, Areim, artificial intelligence (AI), CHP, data infrastructure, digitalisation, EcoDataCenter, EcoDC AB, Falun data centre, NIB, Nordic Investment Bank, Peter Michelson, renewable energy, sustainable data centre solutions, Sweden
(IN BRIEF) EIB Global has announced a $30 million equity investment in the Seedstars Africa Ventures I venture capital fund to support innovative entrepreneurs in Africa. This investment aims to provide improved access to risk capital for startups and innovative … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Africa, Ambroise Fayolle, Bruce Nsereko Lule, digitalisation, EIB, EIB Global, entrepreneurs, European Union, INNOVATION, investments, job creation, Margaritis Schinas, Maxime Bouan, partnership, Robert Daussun, Seedstars Africa Ventures, Stéphanie Casciola, sustainability, Tamim El Zein
(IN BRIEF) Global consulting and engineering company, Wood, has been awarded a multi-year enterprise framework agreement (EFA) to continue providing specialized services to Shell’s worldwide projects. Wood’s expertise in consulting, engineering, procurement, and project management will support Shell’s greenfield and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, Technology, United Kingdom
Tagged Alistair Hope, brownfield projects, carbon capture, Chris Mijatovich, consulting, Craig Shanaghey, decarbonisation, digitalisation, energy security, energy transition, engineering, greenfield projects, hydrogen, low-carbon fuels, Paul Macgregor, procurement, project management, Scott Commons, Shell, Steve Nicol, Wood
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are providing new financing to Sparkasse Bank in Bosnia and Herzegovina to support digital transformation investments by small and medium-sized enterprises (SMEs). The EBRD has … Read the full press release
Posted in Banks, Business, European Union, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Amir Softić, Bosnia, digital transformation, digitalisation, EBRD, EU, financing, Herzegovina, Manuela Naessl, partnership, SMEs, Sparkasse Bank
(IN BRIEF) The European Investment Fund (EIF) has provided two guarantees totaling €50 million to illimity Bank to improve financing access for small and medium-sized enterprises (SMEs) in Italy. The guarantees, backed by the InvestEU program, focus on supporting SMEs … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) and SID Bank have signed a guarantee agreement worth €42 million to unlock €72 million in new loans for micro, small, and medium-sized enterprises (SMEs) in Slovenia. The agreement, backed by InvestEU, will … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Tunisian Investment Authority (TIA) have introduced a digital national investment platform in Tunisia. The platform aims to improve the investment ecosystem by providing automated digital services, enhancing the … Read the full press release
Posted in Banks, Business, Financial, Investment, Small Business
Tagged digitalisation, EBRD, investment ecosystem, Jürgen Rigterink, Namia Ayadi, Namia Ayedi, TIA, Tunisia, Tunisian Investment Authority
(IN BRIEF) The European Investment Fund (EIF) will provide a €170 million guarantee to Finnvera Plc to finance approximately €280 million of investment by small companies in Finland. The support of the InvestEU programme enables the guarantee to trigger more … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Investment, Luxembourg, Small Business, Technology
Tagged climate change, digitalisation, EIF, energy transformation, Finland, Finnvera, Finnvera plc, green transition, innovation loan, InvestEU programme, SMEs, The European Investment Fund
(IN BRIEF) The European Investment Bank (EIB) has provided a €360 million loan to TIM, an Italian telecommunications company, to support the expansion of 5G coverage across Italy by the end of 2025 using the 700 MHz bands. The loan, … Read the full press release
Posted in Banks, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Technology, Telecom
Tagged 5G coverage, Bernardo Attolico, digitalisation, EIB, Garanzia Italia, Gelsomina Vigliotti, Italy, loan, Pietro Labriola, SACE guarantee, The European Investment Bank, TIM
(IN BRIEF) The European Investment Fund (EIF) and BBVA have signed an agreement under the InvestEU guarantee program to provide a €200 million guarantee to help BBVA’s specialised startup initiative, BBVA Spark, support startups with innovative and sustainable value propositions. … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Investment, Luxembourg, Small Business, Spain, Technology
Tagged BBVA, BBVA Spark, digitalisation, EIF, InvestEU, Marjut Falkstedt, Paolo Gentiloni, Ricardo Mourinho Félix, Roberto Albaladejo, SMEs, Startups, sustainability, Technology Startups, The European Investment Fund
(IN BRIEF) Ark Kapital, a tech-focused lender, has secured a portfolio guarantee from the European Investment Fund (EIF) to improve access to finance for high-tech SMEs. The guarantee enables Ark Kapital to offer over €146 million in new financing across … Read the full press release
Posted in Banks, Education, Financial, Investment, Luxembourg, Technology
Tagged Ark Kapital, Axel Bruzelius, digitalisation, edtech, Education, EIF, European Investment Fund, INNOVATION, InvestEU, Marjut Falkstedt, Paolo Gentiloni, skills, SMEs, sustainability, tech lender
(IN BRIEF) The European Investment Fund (EIF) and Norrlandsfonden, a Swedish public investment agency, have signed a guarantee agreement supported by the European Union’s InvestEU programme to improve access to finance for SMEs and small mid-caps in Northern Sweden. Over … Read the full press release
Posted in Business, European Union, Financial, Luxembourg, Small Business, Sweden, Technology
Tagged digitalisation, EIF, European Union, Gävleborg, INNOVATION, InvestEU programme, Jämtland, Marjut Falkstedt, Niklas Jonsson, Norrbotten, Norrlandsfonden, Northern Sweden, SMEs, sustainability, The European Investment Fund, Västerbotten, Västernorrland
(IN BRIEF) NIB and Munters Group AB have secured a 7-year loan for SEK 750 million (EUR 67.5 million) to finance the Swedish company’s research, development, and digitalization initiatives from 2022 to 2026. Munters, a global leader in sustainable climate … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Finland, Investment, Sweden, Technology
Tagged climate solutions, digitalisation, funding, Munters Group AB, NIB
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