Tag Archives: European Commission

Romania’s Exim Banca Romanească Secures €43.75 Million Guarantee to Boost Exports to Ukraine Reconstruction

(IN BRIEF) Exim Banca Romanească has joined the InvestEU Ukraine Export Credit Guarantee Facility, making Romania the tenth EU country to participate alongside nine others. The initiative, backed by the EIF within the EIB Group, provides guarantees to SMEs and … Read the full press release

Latvia’s Altum Joins €300 Million EU Guarantee Scheme to Boost Exports for Ukraine Reconstruction

(IN BRIEF) Latvia’s finance institution Altum has signed up for the InvestEU Ukraine Export Credit Guarantee Facility, becoming the tenth EU country to do so alongside nine others. The facility, backed by the EIF and part of the EIB Group, … Read the full press release

Imfinzi Regimen Cuts Recurrence Risk by a Third and Boosts Two-Year Survival in Bladder Cancer

(IN BRIEF) The European Commission has approved AstraZeneca’s Imfinzi (durvalumab) combined with gemcitabine and cisplatin as neoadjuvant therapy, followed by Imfinzi adjuvant monotherapy, for adults with resectable muscle-invasive bladder cancer. This approval is anchored in NIAGARA Phase III trial data … Read the full press release

Zalando Gains EU Approval and Tops 90% Stake in ABOUT YOU with €6.50 Offer

(IN BRIEF) Zalando SE has secured clearance from the European Commission for its voluntary takeover offer and related share purchase agreements concerning ABOUT YOU Holding SE, clearing the last regulatory hurdles for the transaction. The deal will be settled on … Read the full press release

New EIB-EC Report Shows Intra-EU Trade and Tech Investments Cushion Firms from Global Disruptions

(IN BRIEF) The EIB and European Commission’s collaborative report “Shock Waves from Turbulent Times” surveys 850 EU importers and finds that EU businesses have swiftly adapted to recent global supply-chain shocks. Key resilience strategies include investing in digital tracking (adopted … Read the full press release

EuroPA and EPI Join Forces to Deliver Instant Pan-European Payments Across 15 Countries

(IN BRIEF) EuroPA and EPI have joined forces to explore a rapid interoperability solution that enables Europeans to conduct instant, cross-border payments using their existing mobile-wallet and digital-pay platforms. The study, covering person-to-person and commercial payments both online and at … Read the full press release

New Continental Report Highlights Tyre Innovations and Policy Drivers for Zero-Emission Road Freight

(IN BRIEF) Continental’s new 38-page white paper, “Electric Mobility for Commercial Vehicles,” released on June 19, 2025, offers a thorough survey of electrification trends for trucks, buses, and vans in Europe. It begins with background on EU emissions standards, toll … Read the full press release

EIB Group Presents Strategies for Scaling Affordable Housing at Dublin Social Housing Festival

(IN BRIEF) This week, the European Investment Bank (EIB) Group attended the International Social Housing Festival in Dublin to showcase its ongoing dedication to supporting affordable housing across Europe. At the event, Tanguy Desrousseaux, EIB’s director for housing, participated in … Read the full press release

European Commission Approves New Evrysdi Tablet, Offering Enhanced Flexibility for SMA Treatment

(IN BRIEF) Roche announced the European Commission’s approval of a label extension for Evrysdi® (risdiplam) to include a new 5mg tablet, offering a room-temperature stable alternative to the original oral solution for individuals with spinal muscular atrophy (SMA). The tablet, … Read the full press release

Digital integrity at risk: EU Initiative to strengthen the Right to be forgotten gains momentum

(IN BRIEF) Robert Szustkowski, a philanthropist and key advocate for digital rights, is spearheading a European initiative to expand the Right to Be Forgotten, as outlined in the GDPR, to include media organizations as data controllers. This initiative is designed … Read the full press release

EIB and Leyden Labs Secure €20 Million Financing to Advance Pandemic Preparedness with Innovative Nasal Spray

(IN BRIEF) The European Investment Bank (EIB) has signed a €20 million financing deal with Leyden Laboratories to support the development of its innovative pan-influenza nasal spray, which aims to protect against seasonal and pandemic viral infections. The funding, guaranteed … Read the full press release

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