(IN BRIEF) AFRY, in collaboration with the European Investment Bank (EIB), spearheaded a pioneering climate resilience study focused on Ischia, Italy, addressing the island’s vulnerability to earthquakes and landslides exacerbated by climate change. The comprehensive report, unveiled at a press … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Malta, Management, Media, News, Sweden, Technology
Tagged AFRY, Anssi Karppinen, climate resilience, EIB, Gelsomina Vigliotti, Gilberto Pichetto Fratin, Giovanni Legnini, Ischia, Italy, partnership, Philipp Stanzel, sustainability
(IN BRIEF) The European Investment Bank (EIB) is extending a €435 million credit to Stora Enso to upgrade its Oulu manufacturing site for producing eco-friendly, fiber-based packaging for food and personal care products. This investment aims to reduce plastic reliance … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged EIB, Finland, Kaarlo Höysniemi, Oulu, Packaging Transformation, partnership, Stora Enso, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) and Poste Italiane have signed a €450 million finance contract to modernize and digitalize Poste Italiane’s logistics and postal services. This funding will be used to establish new automated parcel sorting centers, including … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged digital, EIB, Gelsomina Vigliotti, investment, Italy, logistics, Matteo Del Fante, partnership, Poste Italiane, sustainability
(IN BRIEF) The European Investment Bank (EIB), as part of the €340 million Ukraine Recovery Programme, has renovated Bucha’s water supply facility, providing clean drinking water to 9,000 residents. Damaged during the Russian invasion, the upgraded facility now features advanced … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged Anatoliy Fedoruk, Bucha Water Supply Facility, clean drinking water, EIB, Jaco Cilliers, partnership, Rémi Duflot, Ruslan Kravchenko, Sergii Marchenko, sustainability, Teresa Czerwinska, UKRAINE, Vasyl Shkurakov
(IN BRIEF) The European Investment Bank (EIB) will provide advisory services to the Athens Water Supply and Sewerage Company (EYDAP) in Greece to support its €2 billion, 10-year investment programme. This initiative aims to enhance the resilience of Athens’ water … Read the full press release
Posted in Banks, European Union, Financial, Greece, Industrial, Infrastructure & Utilities, Investment
Tagged advisory services, Athens Water Supply and Sewerage Company, climate adaptation, climate change adaptation, Climate risks, climate-resilient water systems, droughts, EIB, European Investment Bank, EYDAP, Harry Sachinis, heatwaves, InvestEU Advisory Hub, InvestEU programme, investment barriers, investment gaps, Investment programme, Ioannis Tsakiris, market failures, optimize efficiency, pipeline network, prioritize actions, Technical Assistance, water scarcity, water security, water supply resilience
(IN BRIEF) The European Investment Bank (EIB) has awarded Belgium-based medtech company Nyxoah €37.5 million in venture-debt financing to support the development of innovative treatments for obstructive sleep apnea (OSA). This funding, backed by the InvestEU Life Sciences programme, will … Read the full press release
Posted in Banks, Belgium, European Union, Financial, Healthcare, Pharma & Biotech
Tagged Belgium, commercialization, EIB, equity offering, Europe, European Investment Bank, financing, Genio system, hypoglossal neurostimulation therapy, INNOVATION, InvestEU, InvestEU Life Sciences programme, life sciences, manufacturing capacity, medtech, Nyxoah, obstructive sleep apnea, Olivier Taelman, OSA, production capacity, research and development, Robert de Groot, technological innovation, US, venture-debt financing
(IN BRIEF) Scatec ASA, in collaboration with ECHEM and MOPCO, has finalized a Heads of Terms agreement with Yara Clean Ammonia to secure the offtake of renewable ammonia produced in Egypt. The project involves developing up to 480 MW of … Read the full press release
Posted in Banks, Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Norway
Tagged ammonia, EGYPT, Egyptian Petrochemicals Holding Company (ECHEM), EIB, Eng. Ahmed Mahmoud El-Sayed, Eng. Ibrahim Mekki, Gelsomina Vigliotti, H.E. Tarek El Molla, Hans Olav Raen, Misr Fertilizers Production Company (MOPCO), partnership, Scatec ASA, sustainability, Terje Pilskog, Yara, Yara Clean Ammonia
(IN BRIEF) The European Investment Bank (EIB) has pledged support for a new $350 million regional private sector investment fund managed by SPE Capital, focusing on Egypt, Tunisia, and Morocco. Aimed at fostering growth in key sectors like healthcare and … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EGYPT, EIB, Gelsomina Vigliotti, H.E. Dr. Rania A. Al-Mashat, Nabil Triki, North Africa, partnership, SMEs, SPE Capital, sustainability
(IN BRIEF) The European Investment Bank (EIB) has allocated a €300 million loan to voestalpine AG, Europe’s third-largest steelmaker, to support a four-year research and development initiative aimed at enhancing sustainability and reducing carbon emissions. Key focuses include optimizing manufacturing … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged Austria, EIB, Gerald Mayer, green steel, partnership, sustainability, Thomas Östros, voestalpine
(IN BRIEF) The European Investment Bank (EIB) and Banca Etica have signed a €60 million agreement to stimulate €165 million in investments across Italy. The initiative aims to support women-led SMEs, improve services for refugees, and boost economic development in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Small Business
Tagged Anna Fasano, Banca Etica, economy, EIB, Gelsomina Vigliotti, investments, Italy, partnership, SMEs, sustainability
(IN BRIEF) The European Investment Bank (EIB) has allocated a €285 million loan to Cepsa for the development of an advanced biofuels plant in Andalusia, Spain, adjacent to the La Rábida Energy Park. In partnership with Bio-Oils, the facility will … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain
Tagged Biofuels Plant, CEPSA, decarbonisation, EIB, energy security, Maarten Wetselaar, partnership, SAF, Spain, sustainability
(IN BRIEF) Banca Transilvania has entered into a significant synthetic securitisation transaction worth RON 2 billion (€400 million), supported by the European Investment Fund (EIF) and the European Investment Bank (EIB). This transaction will reduce credit risk and release capital … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Romania, Small Business
Tagged Banca Transilvania, EIB, EIF, Ioannis Tsakiris, Marjut Falkstedt, Ömer Tetik, partnership, Romania, SME financing, sustainability
(IN BRIEF) The European Investment Bank Group (EIB Group) is set to expand its presence in the European Union by opening a new office in Nicosia, Cyprus. This decision was revealed during discussions between EIB Group President Nadia Calviño and … Read the full press release
(IN BRIEF) A new study from the European Investment Bank (EIB) Group has found that its financial support significantly boosts growth and productivity for small and medium-sized enterprises (SMEs) and mid-cap companies across Europe. Companies receiving EIB loans reported a … Read the full press release
(IN BRIEF) Al Jazeera’s documentary “101 East – India’s Women Combat Fighters,” by Rudraneil Sengupta and Sreya Banerjee, has been awarded the Women’s Solutions Reporting Award at the 2024 One World Media Awards. The film highlights the courageous journey of … Read the full press release
Posted in Awards, Banks, Business, Financial, Government, Industrial, Luxembourg, Management, Media, News
Tagged "101 East, 2024 One World Media Awards, Al Jazeera, Awards, EIB, India’s Women Combat Fighters", leadership, Nadia Calviño, Rudraneil Sengupta, Sreya Banerjee, Vivienne Francis, Women’s Solutions Reporting Award, Yasmine Pagni
(IN BRIEF) The European Investment Bank (EIB) and the Iren Group have signed a €200 million financing agreement to enhance electricity infrastructure in Parma, Turin, and Vercelli. The project focuses on increasing grid resilience, digitizing services, and improving electricity consumption … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News
Tagged EIB, electricity infrastructure, Iren Group, Italy, Modernizing, partnership, sustainability
(IN BRIEF) EIB Global has invested $50 million to construct nine climate-resilient bridges across East Sepik and Madang provinces in Papua New Guinea, as part of the Bridge Replacement for Improved Rural Access project. This initiative, co-financed by the Asian … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Ambroise Fayolle, Andrew Oaeke, Climate-Resilient Bridges, David Ruma Wereh, EIB, Jacques Fradin, Papua New Guinea, partnership, Rural Connectivity, Said Zaidansyah, sustainability
(IN BRIEF) A coalition of public and private investors has pledged $20 billion over three years to advance women’s economic empowerment through the 2X Challenge. Launched initially during the 2018 G7 Summit, the initiative has surpassed its fundraising targets, culminating … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged 2X Global, economic, EIB, Jessica Espinoza, Nadia Calviño, women empowerment
(IN BRIEF) The European Investment Fund (EIF), in collaboration with the Malta Development Bank (MDB), is set to provide guarantees totaling €20 million to support small and medium-sized enterprises (SMEs) and small mid-caps in Malta. These guarantees, backed by InvestEU, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Malta, Management, News, Small Business
Tagged economic development, EIB, EIF, job creation, Kyriacos Kakouris, Malta, Malta Development Bank (MDB), Marjut Falkstedt, Mr. Leo Brincat, partnership, SMEs, sustainability
(IN BRIEF) In a significant move to bolster Icelandic small entrepreneurship beyond the capital region, the European Investment Fund (EIF) has inked a guarantee agreement with the Icelandic regional development agency, Byggðastofnun, under the European Commission’s InvestEU initiative. This agreement … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Iceland, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Arnar Már Elíasson, Byggðastofnun, EIB, EIF, EU, Iceland, InvestEU programme, Lucie Samcová - Hall Allen, partnership, SMEs, sustainability, Thomas Östros
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