(IN BRIEF) The European Investment Bank (EIB) is providing close to €45 million for the implementation of an innovative geothermal heating project, Eavor-LoopTM, in Geretsried, Bavaria. This pioneering project, which received an additional €91.6 million grant from the EU Innovation … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Bavaria, Daniel Mölk, Eavor-LoopTM, EIB, EU, Geothermal Heating Project, INNOVATION, investment, Nicola Beer, partnership, sustainability, Wopke Hoekstra
(IN BRIEF) European Investment Bank (EIB) President Nadia Calviño, alongside Irish Finance Minister Michael McGrath, announced a landmark €1.6 billion investment in Ireland, the largest in 51 years. The investment, aimed at fostering innovation, sustainability, and economic growth, will impact … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Ireland, Luxembourg, Management, News, Technology
Tagged economy, EIB, INNOVATION, investment, Ireland, Michael McGrath, Nadia Calviño, partnership, sustainability
(IN BRIEF) Ioannis Tsakiris, a former Greek deputy minister with extensive experience in finance and investments, has been appointed to the Management Committee of the European Investment Bank (EIB). Tsakiris, who previously served at the European Investment Fund (EIF) and … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged appointment, Christian Kettel Thomsen, EIB, Ioannis Tsakiris, leadership, management committee, Nadia Calviño
(IN BRIEF) The European Investment Bank (EIB) and the European Patent Office (EPO) released a joint report revealing that over 22% of clean and sustainable technologies worldwide are developed within the European Union (EU). Leading fields in cleantech inventions include … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged António Campinos, Cleantech Innovation, EIB, Europe, European Patent Office (EPO), Nadia Calviño, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) has inked a €150 million loan deal with Helen Ltd, a prominent Finnish energy company owned by the City of Helsinki. This funding aims to bolster two new renewable-energy initiatives in the district … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Helen Ltd, Helsinki, investment, partnership, renewable energy, sustainability, Thomas Östros, Timo Rajala
(IN BRIEF) A financing agreement between the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link signals a significant step forward for Lithuania’s rail sector. The agreement, totaling EUR 200 million, will facilitate the purchase of nine … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Egidijus Lazauskas, EIB, Electric and Battery Trains, investment, Jeanette Vitasp, Lithuania, LTG Link, Marius Skuodis, NIB, rail electrification, Thomas Östros
(IN BRIEF) In a landmark move towards sustainable transportation, the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link have sealed a financing deal to procure electric and battery-powered trains. With loans totaling €200 million, nine electric … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Transportation & Logistics
Tagged Egidijus Lazauskas, EIB, Electric Train, Jeanette Vitasp, Lithuania, LTG Link, Marius Skuodis, NIB, partnership, Rail Revolution, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) and the Government of Ukraine have solidified a strategic collaboration to bolster Ukraine’s reconstruction, recovery, and integration with the EU. This partnership, marked by a new memorandum of understanding (MoU), pledges €560 million … Read the full press release
Posted in Banks, European Union, Financial, Government, Infrastructure & Utilities, Investment, Luxembourg, Ukraine
Tagged EIB, EU for Ukraine Initiative, EU funding, EU integration, EU4U Initiative European Union funding, European Investment Bank, Nadia Calviño Denys Shmyhal Valdis Dombrovskis, SMEs, UKRAINE
(IN BRIEF) The Joint Initiative on Circular Economy (JICE), spearheaded by prominent European Union public promotional banks and institutions, has exceeded its initial €10 billion financing goal for circular economy projects, reaching €11.57 billion by the close of 2023. At … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Bank Gospodarstwa Krajowego, Bpifrance, Caisse des Dépôts group, Cassa Depositi e Prestiti, Dario Scannapieco, EIB, Eric Lombard, European Promotional Banks, expansion, Financing Target, Instituto de Crédito Oficial, Joint Initiative on Circular Economy (JICE), José Carlos García de Quevedo, KfW, Nadia Calviño, partnership, Radoslaw Kwiecien, Rinke Zonneveld, Stefan Wintels
(IN BRIEF) In a landmark move, the European Investment Bank (EIB) has granted a €150 million loan to Bhutan, marking its first-ever investment in the country. This funding aims to bolster Bhutan’s renewable energy sector, particularly through the development of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Bhutan, carbon neutrality, EIB, investment, Leki Wangmo, Lyonpo Lekey Dorji, Markus Berndt, Nadia Calviño, partnership, renewable energy, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million, 25-year finance contract with the French department of Seine-Maritime, aiming to modernize the learning environments of 13,000 pupils across the region. This initiative, part of the department’s Plan … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, Bertrand Bellanger, EIB, France, investment, partnership, School Modernization, Seine-Maritime Department, sustainability
(IN BRIEF) The European Investment Bank (EIB) is providing a €400 million loan to Thüringer Energie AG (TEAG), a municipal energy supplier in Thuringia, Germany, to upgrade and digitize the electricity grid. This investment, totaling around €600 million, aims to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Germany, Green Energy, Grid Expansion, Nicola Beer, partnership, Stefan Reindl, sustainability, Thüringer Energie AG, Thuringia
(IN BRIEF) The European Investment Bank (EIB) Board of Directors approved €4.3 billion in financing for projects spanning Austria, Czech Republic, France, Germany, Hungary, Italy, Lithuania, and Slovakia. The funding will support sustainable transport, renewable energy, water and waste treatment, … Read the full press release
Posted in Austria, Banks, Business, Czech Republic, Economy, Environment, Financial, France, Germany, Government, Hungary, Industrial, Investment, Italy, Lithuania, Luxembourg, Management, News, Slovakia
Tagged Austria, Czech Republic, EIB, Europe, France, Germany, Hungary, investment, Italy, Lithuania, Nadia Calviño, partnership, Slovakia, sustainability, sustainable development
(IN BRIEF) During the World Circular Economy Forum (WCEF) 2024, Multilateral Development Banks (MDBs) revealed their collaborative vision on the role of MDBs in advancing the circular economy. Emphasizing the significance of circularity in achieving sustainable and equitable development, MDB … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) Group, led by President Nadia Calviño, is set to participate in the 2024 Spring Meetings of the International Monetary Fund and the World Bank Group in Washington DC. The delegation, including Vice-Presidents Ambroise … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News
Tagged Ambroise Fayolle, Delegation, EIB, John Lipsky, Jutta Urpilainen, Melinda French Gates, Multilateral Development Meetings, Nadia Calviño, Odile Renaud-Basso, Oleksander Kubrakov, partnership, sustainability, Thomas Östros, Washington DC
(IN BRIEF) Lviv, a city in western Ukraine, celebrates the successful implementation of a project aimed at enhancing urban mobility, marked by the acquisition of ten low-floor trams. Financed by a €17.4 million loan from the European Investment Bank (EIB), … Read the full press release
Posted in Banks, Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Transportation & Logistics, Ukraine
Tagged acquisition, Andriy Sadovyi, EIB, Henrik Huitfeldt, Jean-Erik de Zagon, Lviv, Oleksandr Kubrakov, partnership, sustainability, Tram Fleet, UKRAINE, Urban Mobility Upgrade, Volodymyr Kovaliv
(IN BRIEF) The European Union’s Western Balkans Enterprise Development and Innovation Facility (WB EDIF) launches the Guarantee for SME Resilience Initiative, injecting €60 million to enhance access to finance for small and medium enterprises (SMEs) in the region. Through partnerships … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, EIF, EU, European Union's Western Balkans Enterprise Development and Innovation Facility (WB EDIF), Marjut Falkstedt, Olivér Várhelyi, partnership, SMEs, sustainability, Western Balkans
(IN BRIEF) The European Investment Bank (EIB) has approved a €400 million loan tranche to Estonia, marking the second installment of a larger €700 million loan aimed at bolstering the Estonian economy. This financing, focused on green and digital investments, … Read the full press release
Posted in Banks, Business, Economy, Environment, Estonia, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged digital, EIB, Estonia, Jean-Christophe Laloux, Mart Võrklaev, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €42 million agreement with Maspex Group, a major food and beverage producer in central and southeastern Europe, to enhance energy efficiency and sustainability across their production plants in Poland and … Read the full press release
Posted in Banks, Business, Environment, Financial, Food & Beverage, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Poland, Romania, Technology
Tagged EIB, Maspex Group, partnership, Poland, Production Upgrades, Rafał Gruszeczka, Romania, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have collaborated with Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) to facilitate SME lending in Austria through a pioneering synthetic securitisation transaction. This landmark transaction, the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Security & Safety, Small Business
Tagged Austria, EIB, EIF, Erste Bank, Hans Unterdorfer, Marjut Falkstedt, partnership, SME, sustainability, synthetic securitisation, Thomas Östros
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