Tag Archives: European Commission

Outokumpu Supports Stronger Carbon Border Measures to Safeguard Europe’s Low Carbon Steel Industry

(IN BRIEF) Outokumpu has welcomed the European Commission’s proposal for the Carbon Border Adjustment Mechanism, describing it as a vital policy tool for preventing carbon leakage and supporting Europe’s climate goals. With CBAM set to begin in 2026, the company … Read the full press release

Thales Alenia Space Technologies Enable Successful Deployment of Sentinel-6B to Track Rising Oceans

(IN BRIEF) The Copernicus Sentinel-6B satellite has been successfully launched from Vandenberg Space Force Base aboard a SpaceX Falcon 9, marking a major milestone in global sea-level monitoring. Developed through a partnership between the European Commission, ESA, Eumetsat, NASA, NOAA, … Read the full press release

EIB and EU partners expand financial aid to sustain Ukrainian businesses and secure winter energy supply

(IN BRIEF) The European Investment Bank (EIB) has released €100 million to support Ukraine’s wartime resilience, focusing on economic stability and municipal heating infrastructure. Of this, €70 million will go to Ukrgasbank to provide long-term loans for businesses and promote … Read the full press release

Empa-developed technology enables new European satellites to map greenhouse gas emissions with unprecedented precision

(IN BRIEF) Empa researchers have developed advanced emission-mapping technologies that will power the EU’s upcoming CO2M satellite mission, enabling detailed monitoring of greenhouse gases and air pollutants from space. Launching in 2027, the mission will use three satellites equipped with … Read the full press release

EIB Institute Strengthens Gaza Relief Efforts with Targeted Humanitarian Aid for Children and Vulnerable Families

(IN BRIEF) The EIB Institute has pledged €750,000 in humanitarian aid to support urgent medical and nutritional assistance in Gaza, focusing on children, pregnant women, and vulnerable families. The funds will be channelled through Welthungerhilfe and CARE, two experienced NGOs … Read the full press release

EIB and Správa železnic Partner on €200 Million Investment to Strengthen Czech Railways and Climate Resilience

(IN BRIEF) The European Investment Bank (EIB) is providing a €200 million loan to the Czech Republic to upgrade its railway network by 2030. Managed by Správa železnic through the State Fund for Transport Infrastructure, the project will enhance both … Read the full press release

EIB and European Commission Support BioNTech’s First mRNA Vaccine Manufacturing Facility in Africa with up to €95 Million in Financing

(IN BRIEF) The European Investment Bank and European Commission are jointly supporting BioNTech’s mRNA manufacturing facility in Kigali, Rwanda, with up to €95 million in blended financing. The project aims to strengthen Africa’s capacity to produce vaccines locally for diseases … Read the full press release

EIB Strengthens Partnership with Banca di Asti to Boost Financing for Italian Agricultural SMEs

(IN BRIEF) The European Investment Bank (EIB) and Banca di Asti have signed a €100 million financing agreement to support Italian SMEs in the agriculture and bioeconomy sectors, with 10% of the funds reserved for young farmers. The signing took … Read the full press release

INEOS Acetyls Cuts 60 Jobs at Hull Plant Amid Rising Energy Costs and Surge of Low-Cost Chinese Imports

(IN BRIEF) INEOS Acetyls will cut 60 skilled jobs at its Hull Acetyls plant following mounting challenges from high energy costs and a surge in cheap, high-emission imports from China. The company warned that these carbon-intensive imports, which emit up … Read the full press release

Repsol to build €300 million Cartagena electrolyzer producing 15,000 tonnes of renewable hydrogen annually

(IN BRIEF) Repsol, in collaboration with Enagás Renovable, will invest over €300 million in a 100 MW electrolyzer at its Cartagena complex, marking the company’s first major electrolyzer project. Scheduled to begin operations in 2029, the facility will produce 15,000 … Read the full press release

Atos to lead €326 million European Commission cybersecurity contract with Leonardo as partner

(IN BRIEF) Atos has been awarded a €326 million cybersecurity contract by the European Commission under the CLOUD II DPS II MC17 framework, securing its role as lead provider for technical cybersecurity services to EU institutions. The four-year contract focuses … Read the full press release

European Commission, EMA and HMA set ambitious new targets to boost EU clinical trials and patient access to innovative medicines

(IN BRIEF) The European Commission, EMA, and HMA have set new targets to strengthen Europe’s role in clinical research by authorising an additional 500 multinational clinical trials over five years and ensuring that two-thirds of studies begin patient recruitment within … Read the full press release

Thales secures major EIB financing to advance next-generation radar and aeronautics technologies

(IN BRIEF) The European Investment Bank has approved a €450 million loan to Thales to fund its aeronautics and radar research and development programme through 2027. This initiative aims to enhance civil and military flight safety, modernise radar equipment, and … Read the full press release

Sienna Hephaistos Private Investments launches with InvestEU backing to strengthen Europe’s defence supply chain

(IN BRIEF) The European Investment Fund has invested €30 million in the first closing of Sienna Hephaistos Private Investments, Europe’s first private credit fund dedicated to financing SMEs and midcaps in the defence sector. Launched under the InvestEU Defence Equity … Read the full press release

EBRD sells 1 million GDRs in NLB while maintaining long-term commitment to Slovenia’s leading bank

(IN BRIEF) The EBRD has reduced its shareholding in Nova Ljubljanska banka by 1 per cent through the sale of 1 million GDRs on the London Stock Exchange, retaining a 5.125 per cent stake and remaining one of the bank’s … Read the full press release

European SMEs to benefit from €65 billion mobilised for energy efficiency under new EIB and EU initiative

(IN BRIEF) The EIB Group has pledged €17.5 billion to accelerate energy efficiency investments by more than 350,000 European SMEs between 2025 and 2027. Backed by the European Commission, the initiative will nearly double current EIB support and aims to … Read the full press release

Arianespace Launches Metop-SGA1 with Ariane 6 to Advance European Climate and Weather Monitoring

(IN BRIEF) Arianespace will launch EUMETSAT’s Metop-SGA1 satellite on August 12, 2025, via Ariane 6 from Kourou, marking the second commercial mission for Europe’s new heavy-lift launcher. Metop-SGA1, the first in a new generation of European polar-orbiting weather satellites, will … Read the full press release

EMA Recommends Approval of Pfizer-BioNTech’s LP.8.1 COVID-19 Vaccine for Broad Use in EU

(IN BRIEF) Pfizer and BioNTech have received a positive recommendation from the EMA’s CHMP for their LP.8.1-adapted monovalent COVID-19 vaccine, COMIRNATY® LP.8.1, for individuals aged six months and older. This updated vaccine offers improved immune protection against prevalent SARS-CoV-2 subvariants, … Read the full press release

CHMP Recommends Expanding Novo Nordisk’s Alhemo® Access to Broader Haemophilia Population Without Inhibitors

(IN BRIEF) Novo Nordisk has received a positive opinion from the European Medicines Agency’s CHMP recommending label expansion for Alhemo® (concizumab) to include adolescents and adults with haemophilia A and B without inhibitors. Backed by robust data from the explorer8 … Read the full press release

European Commission picks Eviden to power AtLaS HLTP platform and deploy BARTENDER for multilingual defence NLP

(IN BRIEF) Eviden has been selected by the European Commission to build and run the integration platform for the AtLaS consortium’s HLTP Challenge project, funded by the European Defence Fund. The company will also deploy BARTENDER, its multilingual natural language … Read the full press release