Tag Archives: European Commission

EU Report Urges Enhanced Insurance and Climate Adaptation to Mitigate €28 Billion Annual Losses in Agriculture

(IN BRIEF) The EIB and European Commission’s report reveals that the EU agricultural sector faces annual losses of more than €28 billion due to adverse weather, with potential increases of up to 66% by 2050 due to climate change. The … Read the full press release

Heura Foods Receives EIB Loan to Expand Plant-Based Product Range and Boost Sustainable Food Systems

(IN BRIEF) Heura Foods has secured a €20 million loan from the European Investment Bank (EIB) to enhance its research, development, and production capabilities for plant-based, sustainable food products. The loan, backed by InvestEU, will support the development of innovative … Read the full press release

EIB Mobilizes €200 Million for French Farming and Bioeconomy, Focusing on Youth and Sustainability

(IN BRIEF) The EIB and BPCE banking group have signed an agreement to provide €200 million in loans for SMEs and mid-caps in the French farming and bioeconomy sectors. The initiative aims to support young farmers and promote sustainable agriculture, … Read the full press release

SGS Belgium Designated as EU Notified Body for In Vitro Diagnostic Medical Devices

(IN BRIEF) SGS Belgium NV has been designated as a Notified Body under the EU’s In Vitro Diagnostic Medical Device Regulation (IVDR), expanding Europe’s limited capacity for regulatory assessments. Approved by the European Commission and Belgian authorities, the Antwerp-based facility … Read the full press release

TÜV Rheinland Gains Notified Body Status Under New EU Machinery Regulation, Supporting Digital and Safety Enhancements

(IN BRIEF) TÜV Rheinland has been recognized as a Notified Body under the new EU Machinery Regulation (EU) 2023/1230, which sets tighter safety and digital requirements for industrial machinery and related products. The updated regulation emphasizes aspects such as artificial … Read the full press release

European Investment Bank Unveils US$100 Million Boost to AXIAN Telecom for Expanding 4G and 5G Networks in Tanzania and Madagascar

(IN BRIEF) The European Union, through its Global Gateway strategy, is set to expand mobile broadband connectivity in Madagascar and Tanzania. A financing package of US$100 million from the European Investment Bank will be provided to AXIAN Telecom, with US$60 … Read the full press release

IO Biotech Secures €57.5M EIB Venture Debt to Advance Breakthrough Cancer Vaccine

(IN BRIEF) IO Biotech, a Danish med-tech company, has obtained €57.5 million in venture debt financing from the European Investment Bank, with backing from the European Commission’s InvestEU programme. The financing, structured in three committed tranches of up to €37.5 … Read the full press release

METLEN’s Gallium Project at Aluminium of Greece Earns EU Strategic Designation to Bolster Critical Raw Materials Supply

(IN BRIEF) METLEN’s major investment in gallium production at the historic Aluminium of Greece facility has been officially recognized as a Strategic Project under the Critical Raw Materials Act by the European Commission. This recognition, following a detailed evaluation by … Read the full press release

SES, EIB Global, and the EU Commission Launch €60 Million Initiative to Bridge the Digital Divide in Central Asia

(IN BRIEF) EIB Global, in collaboration with the European Commission and SES, is launching a major satellite broadband initiative aimed at transforming connectivity in Central Asia. With a combined financial package of a €34.4 million EU grant and a €25.45 … Read the full press release

EIB Group Forum: President Calviño Unveils Bold Security and Innovation Investment Strategy

(IN BRIEF) The EIB Group Forum in Luxembourg gathered senior policymakers, business leaders, academics, and civil society representatives to discuss strategies for ensuring Europe’s prosperity, security, and global cooperation. President Nadia Calviño highlighted that every euro invested by the EIB … Read the full press release

EIB Launches €150 Million Initiative to Empower Women Entrepreneurs in Spain’s Pharmacy Sector

(IN BRIEF) The European Investment Bank has committed €150 million to a pioneering financing initiative exclusively supporting women entrepreneurs in Spain’s pharmacy sector. The investment, delivered through a covered bond issued by CBNK—a bank formed by the merger of Banco … Read the full press release

European Investment Bank and Commission Launch Pioneering Gender Finance Lab to Boost Funding for Women Entrepreneurs

(IN BRIEF) The European Investment Bank and the European Commission have launched the first-ever Gender Finance Lab for commercial banks under the InvestEU Advisory Hub, aiming to enhance financial access for women-led and women-owned SMEs across Europe. This innovative masterclass … Read the full press release

EIF Invests €25 Million in IPR.VC Fund III to Strengthen Europe’s Film and TV Production Sector

(IN BRIEF) The European Investment Fund (EIF) has committed €25 million to IPR.VC Fund III, a Finnish-based initiative focused on financing high-quality European films and TV series. This investment will help attract further financial backers to the fund, which aims … Read the full press release

EIF Commits SEK 225 Million to Behold Ventures to Fuel Nordic Gaming Industry Growth

(IN BRIEF) The European Investment Fund (EIF) has pledged SEK 225 million (approximately €20 million) to Behold Ventures, a Swedish venture capital fund, to support early-stage game developers in Denmark, Finland, Iceland, Norway, and Sweden. This commitment, which marks the … Read the full press release

EPP Group Supports Omnibus Business Simplification to Drive Growth and Reduce Bureaucratic Barriers

(IN BRIEF) The EPP Group has voiced strong support for the upcoming Omnibus business simplification initiative, emphasizing the urgent need for economic growth and job creation in Europe. With a focus on cutting unnecessary bureaucratic obstacles, the group aims to … Read the full press release

Baltic States Achieve Historic Electricity Grid Synchronization with Europe, Boosting Energy Security

(IN BRIEF) Estonia, Latvia, and Lithuania have successfully synchronized their electricity grids with the European Continental European Network, marking a significant step in their energy independence from Russia and Belarus. This achievement, celebrated as “Energy Independence Day,” strengthens the region’s … Read the full press release

ENTSO-E Marks Successful Synchronization of Baltic States’ Electricity Grids with Continental Europe

(IN BRIEF) On February 9, 2025, Estonia, Latvia, and Lithuania successfully synchronized their electricity systems with Continental Europe’s electricity grid, marking a historic achievement for the Baltic States and Europe. The synchronization improves energy security and independence for the region, … Read the full press release

EIB Supports Czech Rail Upgrades with €466 Million Loan to Enhance Sustainability and Safety

(IN BRIEF) The EIB is loaning €466 million to the Czech Republic to upgrade railway infrastructure as part of a larger European effort to improve rail services and meet climate goals. The funding will support key projects such as the … Read the full press release

EIB Extends €42.8 Million Loan to Ústí nad Labem for Sustainable Infrastructure and Green Development

(IN BRIEF) The EIB has extended a €42.8 million loan to Ústí nad Labem for crucial infrastructure upgrades, including energy, transport, and social services. This is part of the EU’s larger goal of promoting sustainable urban development. The loan is … Read the full press release

HØST PtX Esbjerg Secures EUR 13 Million DEVEX Grant to Advance Danish-German Hydrogen Economy

(IN BRIEF) The HØST PtX Esbjerg project has been awarded up to EUR 13 million in DEVEX funding by the European Climate, Infrastructure and Environment Executive Agency (CINEA). This funding will support technical studies and front-end engineering design (FEED) work … Read the full press release