(IN BRIEF) In 2023, Portugal witnessed a significant financial influx from the European Investment Bank Group (EIB Group), totaling over €2.1 billion, marking a 25% increase from the previous year. This substantial support, aimed at fostering economic growth, social cohesion, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Small Business
Tagged economy, EIB Group, investment, Nadia Calviño, partnership, PORTUGAL, SMEs, sustainability
(IN BRIEF) During his second visit to wartime Ukraine, the First Vice President of the European Bank for Reconstruction and Development (EBRD), Jürgen Rigterink, emphasized the EBRD’s ongoing commitment to supporting Ukraine’s real economy and reform agenda. With more than … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Ukraine, United Kingdom
Tagged Andriy Pyshnyy, Denys Shmyhal, EBRD, economy, Irina Kravchenko, Jürgen Rigterink, Lesya Kuzmenko, Matteo Patrone, Oleksandr Kubrakov, PrivatBank, Serhii Marchenko, UKRAINE, War Challenges
(IN BRIEF) A report co-authored by a University of York academic and published by the Institute for Public Policy Research (IPPR) and Changing Realities outlines costed recommendations to alleviate poverty for one million people overnight. The recommendations include increasing core … Read the full press release
Posted in Business, Economy, Education, Financial, Government, Industrial, Management, News, Society, United Kingdom
Tagged economy, Financial, Henry Parkes, Immediate Solutions, Institute for Public Policy Research (IPPR), One Million People, poverty, Professor Ruth Patrick, society, University of York
(IN BRIEF) A survey conducted by the World Economic Forum, involving over 11,000 business leaders from 110 countries, has revealed that economic and societal threats, such as economic downturns, inflation, and declining social cohesion, are the most significant risks in … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Society, Switzerland, Technology
Tagged Carolina Klint, Economic Threats, economy, environmental risks, Financial, investment, Marsh McLennan, Peter Giger, Societal Threats, Technological Risks, World Economic Forum Survey, Zurich Insurance Group
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is allocating up to €6 million to Banka për Biznes in Kosovo for onward lending to micro, small, and medium-sized enterprises (MSMEs). This initiative aims to enhance entrepreneurship, market competitiveness, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banka për Biznes, EBRD, economy, Kosovo, Mimoza Godanci, MSMEs, partnership, Sergiy Maslichenko, sustainability
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has released its interim report for January to September 2023, highlighting both the challenges and successes during this period. In Q3 2023, the company experienced a challenging market environment in … Read the full press release
Posted in Business, Economy, Environment, Financial, Finland, Government, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged Americas, economy, European market, Financial, Heikki Malinen, investment, Outokumpu, partnership, Pia Aaltonen-Forsell, sustainability
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, and CRONIMET, a global leader in recycled stainless steel, are expanding their collaboration to enhance the sourcing and supply of high-quality scrap in Northeastern Europe. Outokumpu has agreed to acquire … Read the full press release
Posted in Business, Economy, Environment, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News, Technology
Tagged CO2 emissions, CRONIMET, economy, Jürgen Pilarsky, Marc-Simon Schaar, Outokumpu, partnership, Stainless Steel, sustainability
(IN BRIEF) The European Investment Bank (EIB) will provide advisory assistance to the Bulgarian Ministry of Innovation and Growth to enhance the effectiveness of the development financial institutions it supervises, with the aim of better supporting the Bulgarian economy. The … Read the full press release
Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Bulgaria, Bulgarian Development Bank (BDB), economy, European Investment Bank, Financial, Fund Manager of Financial Instruments in Bulgaria (FMFIB), Kyriacos Kakouris, Milena Stoycheva, partnership, sustainability
(IN BRIEF) Germany’s gross domestic product (GDP) for the third quarter of 2023 declined by 0.1% when adjusted for price, seasonal, and calendar variations compared to the previous quarter. This decrease follows a slight increase in economic performance in … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News
Tagged Destatis, economy, Financial, GDP, Germany, investment
(IN BRIEF) A report by AXA Health and the Centre of Economic and Business Research reveals that neglecting women’s health in the workplace costs the UK economy £20.2 billion annually. Despite 68% of women experiencing health issues in their careers, … Read the full press release
Posted in Business, Economy, Financial, Healthcare, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged AXA Health, Cebr, economy, health, UK, WOMEN, workplace
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing Morocco with an initial earthquake response package of up to €250 million from 2023 to 2025 to aid recovery efforts in regions of the Atlas Mountains affected by … Read the full press release
Posted in Banks, Business, Construction, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged earthquake, EBRD, economy, Heike Harmgart, MOROCCO, Recovery Package
(IN BRIEF) voestalpine has officially opened an advanced special steel plant in Kapfenberg, Austria, marking a significant technological advancement in high-performance materials for automotive, energy, and aerospace industries. The plant, known for its high degree of digitalization and sustainability, is … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and Bulgarian Development Bank (BDB) have signed a €175 million loan agreement to improve access to finance for small and medium-sized enterprises (SMEs) and mid-caps in Bulgaria. The loan aims to support companies … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Assen Vassilev, Bulgaria, Bulgarian Development Bank, digitalization, economy, European Investment Bank, financing, Iliya Karanikolov, INNOVATION, Lilyana Pavlova, Marjut Falkstedt, Milena Stoycheva, Paolo Gentiloni, partnership, SME, sustainability
(IN BRIEF) Alfa Laval, a leader in heat transfer and fluid handling technologies, and RWDC Industries, a biotechnology company specializing in biopolymer materials, have signed a joint development agreement. The collaboration aims to enhance the manufacturing processes for sustainable alternatives … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Industrial, Management, News, Sweden
Tagged Alfa Laval, biopolymer, economy, Karin Forsberg, partnership, RWDC Industries, Ryan Adolphson, single-use plastics, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a US$100 million loan to Banque Misr in Egypt, aimed at supporting micro, small, and medium-sized enterprises (MSMEs). The funding will enable Banque Misr to expand its operations … Read the full press release
Posted in Banks, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Banque Misr, EBRD, economy, EGYPT, loan, partnership, small business, SMEs
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Climate Governance Initiative (CGI) have collaborated to launch Chapter Zero Egypt, a platform aimed at promoting effective climate governance practices among businesses and financial institutions in Egypt. Chapter … Read the full press release
Posted in Banks, Business, Economy, Environment, Industrial, Investment, Management, News, United Kingdom
Tagged "Chapter Zero Egypt", Ahmed El Sewedy, CGI, climate change, Climate Governance Platform, EBRD, economy, Julie Baddeley, Khalid Hamza, partnership, sustainability, Tarek El Molla, Yasmine Fouad
(IN BRIEF) Consumer card spending in the UK showed a year-on-year growth of 5.4% in June, driven by warm weather and increased socializing at pubs and bars. Spending on groceries surged by 9.5%, although shoppers remain concerned about “shrinkflation” and … Read the full press release
Posted in Banks, Business, Economy, Finland, Industrial, Management, News, Retail, United Kingdom
Tagged Barclays, economy, Esme Harwood, inflation, Shrinkflation, Will Hobbs
(IN BRIEF) Swiss Re Institute’s latest sigma report highlights that emerging Asia, led by the reopening of China’s economy, is expected to be the main driver of global economic growth in the coming years. The report forecasts a growth rate … Read the full press release
Posted in Business, Economy, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged ASIA, CHINA, economy, Global Economic Growth, inflation, Jérôme Haegeli, Li Xing, Swiss Re
(IN BRIEF) GRAHAM, a leading national contractor and developer, has achieved a significant milestone by surpassing £1 billion in turnover. The company’s recently published accounts show a 15.3% increase in revenue compared to the previous year, reaching £1.094 billion. GRAHAM’s … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Industrial, Management, News, United Kingdom
Tagged Andrew Bill, economy, Financial, GRAHAM, sustainability
(IN BRIEF) Sallux, a political think tank, has introduced “Human Together”, a vision for a healthy economy that serves society and the environment, rather than solely serving shareholders. The current economy is reaching its limits, causing harm to the environment, … Read the full press release
Posted in Economy, Netherlands, News, Non Profit, Politics, Society
Tagged economy, Giovanni Veldhuis, healthy economy, Human Together, Jair Sagström, Johannes de Jong, Mateo Media, Peter Warnaar van der Stouw, relational economy, Remco & Mireille de Zwart, Remco and Mireille de Zwart, Robbert Bleacher, Sallux, Salt and Light, Wilbert de Goei
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