(IN BRIEF) In financial year 2024, KfW IPEX-Bank achieved remarkable success, with new commitments reaching EUR 23.9 billion—EUR 22.4 billion from original lending and EUR 1.5 billion for refinancing under CIRR programmes. This strong performance, which built on the record … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Annual Report, Belgin Rudack, CEO, CIRR programmes, consolidated earnings, digital infrastructure, economic resilience, energy transition, EUR 23.9 billion, EUR 611 million, EUR 85.4 billion, European competitiveness, Export and Project Finance, financial year 2024, geopolitical challenges, German economy, green transition, job security, KfW IPEX-Bank, new commitments, original lending, sustainable financing
(IN BRIEF) ANDRITZ has launched BioCircleToZero, an innovative R&D program aimed at doubling the value derived from wood without increasing tree harvesting. Supported by Business Finland’s 10 million-euro grant and an additional 20 million euros for its partners, the initiative … Read the full press release
Posted in Austria, Environment, Finland, Industrial, Technology
Tagged 10 million euros, 20 million euros, advanced biorefineries, Andritz, biobased chemicals, biocarbon-based products, BioCircleToZero, Business Finland, economic resilience, Finnish ecosystem, forest products industry, green transition, Kari Tuominen, Power-to-X, renewable textile fibers, research and development, resource efficiency, sustainability, sustainable fuels, wood valorization, zero waste, zero-emission
(IN BRIEF) The EIB has signed a €130 million agreement with the Maltese government, marking the first tranche of a €260 million financing package aimed at co-financing key EU-backed projects. The funding will support various sectors including healthcare, digital innovation, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Malta, Management, News, Small Business, Technology
Tagged 1979, Biodiversity Protection, Clyde Caruana, Cohesion Fund, digital innovation, economic growth, economic resilience, EIB, EIB investment, EIB Vice-President, energy efficiency, environmental sustainability, EU funds, EU-backed projects, European Regional Development Fund, financing agreement, Healthcare, infrastructure, INNOVATION, Just Transition Fund, Kyriacos Kakouris, long-term growth., Malta, Ministry for Finance, partnership, SME Support, social cohesion, sustainability, sustainable economy, sustainable mobility, Valletta, wastewater management, €130 million, €260 million financing
(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
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged Ameriabank, and medium-sized enterprises, Armenian private sector, Business Development, competitiveness, Eastern Partnership, Economic and Investment Plan, economic resilience, EIB Global, EU Support, European Union, export opportunities, green financing, green investments, Hovhannes Toroyan, job creation, local currency, micro, MSMEs, partnership, small, South Caucasus, sustainability, Teresa Czerwinska, Vassilis Maragos, €105 million loan
(IN BRIEF) The European Stability Mechanism (ESM) and the European Investment Bank (EIB) have signed a Memorandum of Understanding to deepen their collaboration. The MoU outlines areas for future cooperation, including strategic dialogue, joint events, and staff exchanges. This agreement … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged collaboration, Cooperation Agreement, economic resilience, EIB, ESM, European Financial Stability Facility, European Investment Bank, European Stability Mechanism, global capital markets, joint events, Luxembourg, Memorandum of Understanding, Nadia Calviño, partnership, Pierre Gramegna, Service Level Agreement, staff exchanges, sustainability
(IN BRIEF) The European Investment Bank (EIB) Group has committed over €450 million to support Ukraine’s energy infrastructure ahead of the upcoming winter, including funding for the reconstruction of hydropower plants, electricity grid repairs, and district heating network restoration. Additionally, … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Government, Infrastructure & Utilities, Investment, Luxembourg, Ukraine
Tagged anti-drone shelters, BNP Paribas Group, Brussels, Business Support, Citibank Ukraine, district heating networks, economic resilience, EIB Group, EIB Group President, EIB guarantees, EIF, electricity grid infrastructure, energy system resilience, EU companies, EU foreign ministers, EU-Ukraine trade, EU4Business Guarantee Facility, European Investment Bank, European Investment Fund, export-credit guarantee, Foreign Affairs Council, hryvnia, hydropower plants, InvestEU programme, loans, local-currency lending, MSMEs, Nadia Calviño, partial portfolio guarantees, revolving credit facility, Russian attacks, Sergii Marchenko, UKRAINE, Ukrainian banks, Ukrainian businesses, Ukrainian energy infrastructure, Ukrenergo, UKRSIBBANK, winter support, €300 million, €450 million
(IN BRIEF) In a recent analysis, Helge Pedersen, Nordea Group Chief Economist, emphasizes the global economic resilience, signaling a potential soft landing. However, strong labor markets pose challenges for monetary policy, especially with the new geopolitical dynamics. While Norway and … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Government, Industrial, Investment, Management, News
Tagged economic resilience, Financial, global challenges, Helge Pedersen, investment, Nordea Group
(IN BRIEF) The DHL Global Connectedness Report 2024 reveals that despite the challenges posed by the pandemic and geopolitical conflicts, globalization has reached record highs. Trade growth has been instrumental in sustaining global connectedness, with Singapore leading the list of … Read the full press release
Posted in Business, Economy, Germany, Industrial, Transportation & Logistics
Tagged Business Growth, CHINA, Deglobalization, DHL, economic resilience, Economic Trends, Europe, geopolitical tensions, globalization, Ih-Ming Chan, International Relations, John Pearson, New York University's Stern School of Business, pandemic, Regionalization, RUSSIA, Singapore, Steven Altman, trade, United States
(IN BRIEF) The European Investment Bank (EIB) has reiterated its dedication to addressing the needs of refugees, enhancing economic resilience in host and origin communities, and fostering social inclusion at the 2023 Global Refugee Forum. The EIB collaborated with partners … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Society
Tagged 2023 Global Refugee Forum, economic resilience, EIB, European Union, Gelsomina Vigliotti, Multilateral Development Banks, Organisation for Economic Co-operation and Development (OECD), partnership, refugees, social inclusion, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has unveiled a new country strategy for the Slovak Republic, outlining its focus on advancing the green transition and strengthening economic resilience in the country. The strategy includes efforts to … Read the full press release
Posted in Banks, Economy, Environment, Financial, Slovakia
Tagged country strategy, EBRD, economic resilience, Green Bonds, Green Economy Transition, green transition, Slovak Republic
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