Tag Archives: EIB

EIB Backs Vay’s Expansion of Remote-Driven Car-Sharing in Europe with €34 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to Vay, a German teledriving technology company, to support its expansion in Europe. Vay’s innovative system allows vehicles to be remotely driven by trained drivers from a … Read the full press release

International Partners Drive Ukraine’s Reconstruction and Resilience Through EC-EIB-UNDP Collaboration

(IN BRIEF) The “United in Ukraine’s Recovery” conference in Brussels brought together the European Commission, the European Investment Bank (EIB), the United Nations Development Programme (UNDP), and Ukrainian local authorities to discuss ongoing reconstruction efforts. The partnership has been instrumental … Read the full press release

EIB Greenlights €5.8 Billion to Drive Global Energy, Transport, and Innovation Advancements

(IN BRIEF) The European Investment Bank (EIB) Board has approved €5.8 billion in new financing to support various projects across Europe and beyond. This includes €2.2 billion for clean energy and water projects, €1.8 billion for urban development and education, … Read the full press release

EIB and Groupe BPCE Expand Partnership to Provide Over €1 Billion for French SMEs’ Innovation and Renewable Energy Projects

(IN BRIEF) The EIB Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has teamed up with Groupe BPCE to support small businesses and mid-caps in France. They signed two financing agreements exceeding €1 billion to … Read the full press release

EIB Group and Stand Speak Rise Up! Unite to Address Sexual Violence in Conflict Zones

(IN BRIEF) The European Investment Bank (EIB) Group hosted a special event focused on addressing sexual violence in conflict zones, featuring Her Royal Highness the Grand Duchess Maria Teresa of Luxembourg and women’s rights activist Chékéba Hachemi. The event highlighted … Read the full press release

GEMs Consortium Reports Highlight Strong Credit Performance in Emerging Markets, Encourage Investment

(IN BRIEF) The GEMs Consortium, which includes 26 multilateral development banks and development finance institutions, has released two new reports offering in-depth insights into credit risks in emerging markets and developing economies (EMDEs). The reports reveal key data on default … Read the full press release

EIB and LUMICKS Partner to Accelerate Cancer Drug Discovery with €20 Million Investment in Advanced Immunotherapy Tools

(IN BRIEF) Amsterdam-based LUMICKS has secured €20 million in venture debt from the European Investment Bank (EIB) to advance its next-generation cell avidity platform, which aims to accelerate the development of immunotherapies for cancer treatment. Supported by the InvestEU initiative, … Read the full press release

EIB and Intesa Sanpaolo Unveil €8 Billion Wind Energy Investment Initiative to Boost European Renewable Energy Sector

(IN BRIEF) The EIB and Intesa Sanpaolo have partnered to drive up to €8 billion in investment for Europe’s wind energy sector, leveraging a €500 million EIB counter-guarantee to enable Intesa Sanpaolo to create €1 billion worth of bank guarantees. … Read the full press release

EIB and Committee of the Regions Reinforce Partnership to Drive Economic Growth and Social Infrastructure in Europe

(IN BRIEF) During a recent plenary session, the Committee of the Regions and the European Investment Bank (EIB) renewed their commitment to fostering economic cohesion across the EU, focusing on both urban and rural areas. EIB President Nadia Calviño emphasized … Read the full press release

EIB and IKB Join Forces to Unlock €400 Million in Sustainable Financing for Germany’s Mid-Cap Companies

(IN BRIEF) The European Investment Bank (EIB) and IKB Deutsche Industriebank AG have launched a partnership to support sustainable finance for mid-cap companies in Germany, introducing a new loan portfolio of €400 million. This initiative is aimed at firms with … Read the full press release

Team Europe Unites to Bolster Economic Development in ACP Nations with New €74 Million Funding Initiative

(IN BRIEF) The ACP Trust Fund has secured over €74 million in pledges from seven EU member states, including Denmark, Finland, Germany, Luxembourg, Portugal, Spain, and Sweden, to support economic growth in African, Caribbean, and Pacific (ACP) countries. This funding … Read the full press release

EIB and IKB Partner to Launch €400 Million Sustainable Financing Initiative for Mid-Sized Companies in Germany

(IN BRIEF) The European Investment Bank (EIB) and IKB Deutsche Industriebank AG (IKB) have launched a strategic partnership aimed at enhancing access to sustainable financing for mid-cap companies in Germany. This initiative includes a €400 million loan portfolio, where the … Read the full press release

EIB Launches €600 Million Energy Rescue Plan to Support Ukraine Ahead of Winter Challenges

(IN BRIEF) The European Investment Bank (EIB), under the leadership of President Nadia Calviño, has launched the Ukraine Energy Rescue Plan to provide urgent energy assistance to Ukraine ahead of the winter season. The plan outlines a potential investment of … Read the full press release

Fabentech Secures €20 Million EIB Loan to Bolster Pandemic Preparedness and Biological Threat Response

(IN BRIEF) Fabentech, a French biopharmaceutical company, has secured a €20 million loan from the European Investment Bank (EIB) through the HERA Invest initiative. The funding will support Fabentech’s research, bioproduction, and expansion of its FabShield® technology, which focuses on … Read the full press release

EIB Grants €150 Million Loan to Pekao Leasing to Boost Financing for Polish SMEs and Green Initiatives

(IN BRIEF) The European Investment Bank (EIB) has granted a €150 million loan to Pekao Leasing to bolster financing for small and medium-sized enterprises (SMEs) in Poland, with a focus on less-developed regions and a minimum of 20% allocated to … Read the full press release

Report Highlights the Urgent Need for Strategic Measures to Enhance Resilience and Competitiveness of EU Firms Amid Supply Chain Challenges

(IN BRIEF) The European Investment Bank (EIB) has released a report titled “Navigating Supply Chain Disruptions: New Insights on the Resilience and Transformation of EU Firms,” in collaboration with the European Commission’s Directorate-General for Internal Market, Industry, Entrepreneurship, and SMEs. … Read the full press release

EIB and Latvian Government Unite to Boost Affordable Housing Development Amidst Growing Shortage

(IN BRIEF) The European Investment Bank (EIB) is partnering with the Latvian government and the Latvian State Real Estate Company (SRE) to promote the development of affordable rental housing in Latvia. This initiative will be supported by the EIB’s Advisory … Read the full press release

EIB and EIF Meet in Warsaw to Strengthen Financing Initiatives and Support Flood Recovery Efforts in Poland

(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) Boards of Directors met in Warsaw on September 30 and October 1, 2024, to discuss new financing initiatives and reaffirm support for Poland following recent floods. EIB Group … Read the full press release

CaixaResearch Institute Secures €80M Loan from EIB to Establish Spain’s First Immunology Research Center

(IN BRIEF) The European Investment Bank (EIB) and CriteriaCaixa have signed an €80 million loan agreement to finance the construction of the CaixaResearch Institute in Barcelona. This interdisciplinary research center, spearheaded by “la Caixa” Foundation, will focus on immunology and … Read the full press release

EIB Grants €220 Million to Nexi Group to Drive Digital Payment Innovation and Sustainability in Europe

(IN BRIEF) The EIB has granted €220 million to Nexi Group to support innovation in Europe’s digital payments sector. The funding will help drive the development of modernized payment solutions, job creation, and sustainability initiatives, reflecting Nexi’s commitment to ESG … Read the full press release