Tag Archives: European Union

Safran Electrical & Power Secures €14.7 Million EU Innovation Fund Grant to Scale ENGINeUS Electric Motor Production

(IN BRIEF) Safran Electrical & Power has signed a grant agreement with the European Climate, Infrastructure and Environment Executive Agency under the European Union’s Innovation Fund for the ENGINeUS PULL project. The company will receive €14.7 million to support automation … Read the full press release

St1 and Valio Establish Joint Venture to Advance Climate Action Through Finland’s Distribution Obligation Flexibility Mechanism

(IN BRIEF) St1 and Valio have formed Ekviton Oy, a joint venture designed to advance emission reductions and carbon removals in Finland through the flexibility mechanism of the country’s renewable fuels distribution obligation. Introduced in 2025, the mechanism allows fuel … Read the full press release

Scania Opens Global Sales for New Under-Cab Battery Module and Megawatt Charging System to Support Fleet Electrification

(IN BRIEF) Scania has begun the global sales rollout of its new under-cab battery module and Megawatt Charging System, two additions designed to make electric truck operations more practical and commercially viable for hauliers. The under-cab battery module frees up … Read the full press release

ORLEN Expands Domestic Biofuel Capacity with New HVO Facility Supporting Poland’s Fuel Security and Transport Decarbonisation

(IN BRIEF) ORLEN has launched a new hydrotreated vegetable oil plant in Płock with an annual rated output of around 300 thousand tonnes, expanding its domestic biofuel production capacity and supporting the decarbonisation of road transport. The facility, valued at … Read the full press release

NIB Supports Norway’s Public Transport Electrification with Financing for Tide Buss Electric Fleet

(IN BRIEF) NIB has approved an investment loan of up to NOK 241 million to Tide Buss AS to finance the purchase of 105 electric buses for public transport operations in Norway. The buses will be used under long-term concessions … Read the full press release

European Investment Fund Commits €200 Million to Copenhagen Infrastructure Partners to Expand Biomethane Production Across Europe

(IN BRIEF) The European Investment Fund has committed €200 million to Copenhagen Infrastructure Partners’ Advanced Bioenergy Fund II, a clean energy infrastructure fund focused on expanding biomethane and advanced bioenergy production in Europe. Backed by the European Union’s InvestEU and … Read the full press release

European Medicines Agency Reports Growth in Multinational Clinical Research Activity Across the EU

(IN BRIEF) EMA, together with the European Commission and the Heads of Medicines Agencies, has released the first report measuring progress toward the EU’s 2030 clinical trial targets. The report shows that 19 additional multinational clinical trials have been authorised … Read the full press release

European Investment Fund and AFIN IFN Advance Financing Access for Romania’s Social Economy Sector

(IN BRIEF) The European Investment Fund has signed a €480,000 subordinated loan agreement with Romanian non-bank lender AFIN IFN to strengthen financing for social enterprises, NGOs and cooperatives across Romania. Supported by the InvestEU programme, the 10-year agreement aims to … Read the full press release

European Banks Advance Regulated Stablecoin Project with Nordea Joining Qivalis Consortium

(IN BRIEF) Nordea has joined Qivalis, a consortium of European banks developing a regulated euro-denominated stablecoin designed to support digital payments and blockchain-based financial services. The initiative aims to strengthen European financial infrastructure and autonomy while operating under the EU’s … Read the full press release

Iberdrola chairman urges faster electrification and stronger grid investment at European industry summit in Sweden

(IN BRIEF) Iberdrola Executive Chairman Ignacio Galán has called for faster electrification, stronger electricity grid investment and simplified administrative procedures during the European Round Table for Industry plenary meeting in Sweden. Speaking alongside European Commission President Ursula von der Leyen … Read the full press release

European Automobile Manufacturers’ Association and European Aluminium urge EU to expand vehicle CO2 rules to support low-carbon aluminium

(IN BRIEF) European Automobile Manufacturers’ Association and European Aluminium are calling on the European Union to revise CO2 rules for cars and vans to include incentives for low-carbon aluminium alongside steel. The organisations argue that the automotive and aluminium industries … Read the full press release

New Bilfinger Contract Advances EWE’s Hydrogen Production and Industrial Decarbonisation Strategy in Germany

(IN BRIEF) Bilfinger has secured a major contract from EWE covering steelwork, piping systems and component installation for the 320 MW green hydrogen production facility being developed in Emden, Germany. The project forms part of the “Clean Hydrogen Coastline” initiative … Read the full press release

Nefco-Managed Infrastructure Project Improves Water Supply Reliability for Thousands in Ukraine

(IN BRIEF) Nefco has supported the launch of a new water treatment line in Pervomaisk through a European Union-financed infrastructure modernization project aimed at improving reliable access to clean drinking water. The upgraded system improves water quality for around 35,000 … Read the full press release

EIB Group Strengthens Partnership with Ameriabank to Support Armenian Economic Growth and Job Creation

(IN BRIEF) The EIB Group and Ameriabank have launched a new EU-backed guarantee programme expected to unlock up to €106.25 million in financing for micro, small, and medium-sized businesses in Armenia. Supported under the EU4Business Guarantee Facility, the initiative is … Read the full press release

KfW Supports International Energy, Transport and Education Projects to Reinforce Europe’s Strategic Partnerships

(IN BRIEF) KfW has highlighted its continued role in European development cooperation through major investments in climate protection, energy infrastructure, transport, education, and digital transformation projects under the EU’s Global Gateway Initiative. By the end of 2025, KfW had contributed … Read the full press release

European Investment Bank Group Expands Renewable Energy and Infrastructure Investments with New €10 Billion Funding

(IN BRIEF) The European Investment Bank Group has approved €10 billion in new financing to support a wide range of strategic initiatives, with a strong focus on accelerating Europe’s clean energy transition and strengthening economic competitiveness. Nearly €2 billion of … Read the full press release

Europe’s Legal Tech Momentum Is Reshaping the Economics of Litigation Finance

AI is rapidly transforming legal workflows across Europe, making analysis faster and more cost-efficient The European Union is setting global standards with the AI Act, increasing regulatory oversight on legal AI use AI tools are helping investors assess complex multi-jurisdiction … Read the full press release

Europe’s Digital Sovereignty Debate Expands Beyond Cloud and AI to the Foundations of IT Infrastructure

Europe’s digital sovereignty debate is expanding beyond cloud and AI to include control over existing enterprise IT infrastructure. Structural dependence on non-European vendors persists across hardware, firmware, and long-lived systems. Limited access to updates, repairs, and maintenance raises concerns around … Read the full press release

Europe’s Digital Sovereignty Faces Hidden Risks in Enterprise IT Infrastructure

Europe’s digital sovereignty challenge extends beyond cloud services to the underlying hardware, software, and firmware layers. Dependence on non-EU vendors limits organisations’ control over updates, repairs, and system lifecycles. Vendor-driven restrictions can force premature upgrades, increasing costs, security risks, and … Read the full press release

Free ICT Europe Warns of “Sovereignty Gap” in Enterprise ICT

(IN BRIEF) The Free ICT Europe Foundation warns that Europe faces a “sovereignty gap” in enterprise ICT, where organizations technically own their digital infrastructure but lack real control due to dependence on non-EU vendors that impose restrictive licensing, limited support … Read the full press release