Tag Archives: European Union

EBRD and European Commission Join Forces to Enhance Moldova’s Rail Infrastructure

(IN BRIEF) EBRD and the European Commission have approved a financial package to rehabilitate railway lines in Moldova. The €71 million project will receive a €20 million investment grant from the EU, a €23 million loan from EBRD, and €28 … Read the full press release

Serbian SME Papir Print converts waste gases to energy and installs solar panels with EBRD and EU support

(IN BRIEF) Serbian company Papir Print has invested in a thermal oxidation plant that converts waste gases into heating and cooling energy, as well as a rooftop solar power plant, with the support of the EBRD and the EU. The … Read the full press release

InvestEU-Backed EIF Guarantees to Enable UniCredit Group to Provide Favorable Loans to 2,500 SMEs

(IN BRIEF) The European Investment Fund (EIF) has provided UniCredit Group with two guarantees worth €370 million to support investment by small and medium-sized businesses (SMEs) across seven EU countries. The transactions are backed by InvestEU, the European Union’s long-term … Read the full press release

Austrian microelectronics firm AT&S secures €250m funding from European Investment Bank

(IN BRIEF) The European Investment Bank (EIB) is providing a €250 million loan to Austria Technologie & Systemtechnik (AT&S), a microelectronics specialist. The loan will support AT&S’s research and development activities and the construction of a new research center in … Read the full press release

European Parliament Launches Daphne Caruana Galizia Prize for Journalism on World Press Freedom Day

(IN BRIEF) The European Parliament has launched the Daphne Caruana Galizia Prize for Journalism on World Press Freedom Day. The prize is awarded annually to professional journalists or teams whose work promotes or defends EU principles such as human rights, … Read the full press release

European Investment Fund and Flex Funding Agreement to Help Smaller Danish Firms Access Funding

(IN BRIEF) Danish SME crowdlending platform, Flex Funding, has signed an agreement with the European Investment Fund (EIF) for a guarantee of DKK 111.7 million, enabling up to 160 smaller Danish companies to obtain funding with attractive terms to continue … Read the full press release

Belgian microfinance institution microStart to benefit over 3,000 microenterprises through €30m EIF deal

(IN BRIEF) The European Investment Fund (EIF) has signed a guarantee agreement with microStart, a microfinance institution in Belgium, to provide at least €30 million of financing for microenterprises in the country. The deal, supported by the EU’s InvestEU program, … Read the full press release

EBRD and EU Program Helps Armenian Companies Invest in Sustainable Technology

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have jointly launched the EU4Business-EBRD Credit Line program in Armenia to support small and medium-sized enterprises (SMEs) in adopting greener technology, improving product quality, and … Read the full press release

EIB launches “EU for Ukraine Initiative” to support reconstruction and recovery efforts

(IN BRIEF) The European Investment Bank (EIB) has launched the “EU for Ukraine Initiative” to support reconstruction and recovery efforts in Ukraine, following the full-scale Russian invasion in 2022. The initiative includes the establishment of a Trust Fund to enable … Read the full press release

Capgemini to optimize cloud environment for JAPETUS nanosatellite constellation

(IN BRIEF) Capgemini has been selected by Prométhée, a French NewSpace operator, to develop the mission center for its first European constellation, JAPETUS. The constellation, supported by CNES, the French Ministry of Economy, Finance, and Industrial and Digital Sovereignty, and … Read the full press release

European Investment Fund and Norrlandsfonden Sign InvestEU Guarantee Agreement to Improve SME Access to Finance in Northern Sweden

(IN BRIEF) The European Investment Fund (EIF) and Norrlandsfonden, a Swedish public investment agency, have signed a guarantee agreement supported by the European Union’s InvestEU programme to improve access to finance for SMEs and small mid-caps in Northern Sweden. Over … Read the full press release

EIF Signs First PaaS Guarantee Agreement with Swedish Financing Platform Lisa&

(IN BRIEF) The European Investment Fund (EIF) and Swedish financing platform Lisa& have signed a guarantee agreement to offer over SEK 278 million (€24.8 million) for Swedish companies with a circular business model. The deal will be supported by the … Read the full press release

Evonik partners with Intrapore to expand portfolio of soil and groundwater remediation technologies

(IN BRIEF) Evonik and Intrapore have signed an exclusive European distribution agreement to tackle PFAS contamination in soil and groundwater. Intraplex, a patented formulation to immobilize PFAS detected in groundwater, is one of the technologies being distributed by Evonik’s Active … Read the full press release

EIB Provides €55m Green Loan for Iberdrola’s 100 MW Buniel Wind Farm in Spain

(IN BRIEF) The European Investment Bank (EIB) has granted a €55 million green loan to a joint venture between Iberdrola and Caja Rural de Soria to build the Buniel wind farm in Burgos, Spain. The wind farm will have an … Read the full press release

Atos Leads Effort to Develop Advanced Technologies for Critical Infrastructure Protection

(IN BRIEF) Atos will lead a group of 41 public and private organizations in the SUNRISE project, over the next three years, to develop technologies and solutions that improve the resilience of critical infrastructures against pandemics and risks related to … Read the full press release

Baltic Pipe Project Passes DNV Certification, Bringing New Gas Supply Options to Denmark and Poland

(PRESS RELEASE) BÆRUM, 5-Jan-2023 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced the issuance of a Certificates of Conformity (CoC) for the Baltic Pipe project to Energinet, the Danish national transmission system operator for electricity … Read the full press release

EBRD, EIB and International Donors Invest in Moldova’s Solid Waste Management Infrastructure

(PRESS RELEASE) LONDON, 4-Jan-2023 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced it is providing a €25 million sovereign loan to the government of Moldova to finance investments in its … Read the full press release

The Solas Sustainable Energy Fund ICAV (SSEF) now has €220 million in committed capital  aimed at supporting energy efficiency and renewable energy projects across the European Union

SSEF, backed by its cornerstone investors including MEAG (the asset manager of Munich Re and ERGO) and the EIB, and supported by the EU LIFE Programme, is providing financing for much-needed energy efficiency and behind-the-meter renewable energy projects across the … Read the full press release

The Feminist Movements Revitalizing Democracy in Europe (FIERCE) project kicks-off!

(PRESS RELEASE) THESSALONIKI, 7-Sep-2022 — /EuropaWire/ — On the 1st of September 2022, the FIERCE project successfully kicked-off having a consortium full of enthusiastic partners already eager to collaborate and co-create. On that date the partners met online to prepare … Read the full press release

EBRD and the EU to provide EUR 53 million to Georgia in support of its energy efficiency in schools

(PRESS RELEASE) LONDON, 1-Apr-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, the European Union (EU) and KfW Development Bank (KfW Entwicklungsbank GmbH), a German state-owned investment and development bank, on behalf … Read the full press release

AstraZeneca receives EU approval for its Saphnelo, the only new medicine in over a decade for patients with systemic lupus erythematosus

(PRESS RELEASE) CAMBRIDGE, 16-Feb-2022 — /EuropaWire/ — AstraZeneca (LON: AZN), a British-Swedish multinational pharmaceutical and biotechnology company, has announced an European Union (EU) approval for its Saphnelo (anifrolumab) medicine as an add-on therapy for the treatment of adult patients with … Read the full press release

EBRD extends its financial support to MSMEs in Ukraine

Loan of €10 million equivalent to boost Bank Lviv’s lending to Ukrainian small businesses Financing is part of the EU4Business-EBRD credit line Green financing to be the focus of the new credit line (PRESS RELEASE) LONDON, 5-Nov-2021 — /EuropaWire/ — … Read the full press release

Eco Rating, the new labelling scheme that rates the environmental impact of new smartphones, sees more manufacturers joining its scheme and expands globally

Consumer mobile phone labelling scheme launched in 24 European countries by Deutsche Telekom, Orange, Telefónica, Telia Company and Vodafone now set to expand globally Fairphone, Realme and vivo join Eco Rating, now 15 manufacturers in total More than 150 mobile … Read the full press release

SGS update on the EU action on food contact materials made of bamboo powder

(PRESS RELEASE) GENEVA, 6-Aug-2021 — /EuropaWire/ — SGS, a Swiss multinational inspection, verification, testing and certification company headquartered, has released its update on the action plan EU authorities have agreed on in order to ensure unauthorized food contact plastics containing … Read the full press release

Solidaridad part of three-year EU funded project to support local economic and social development initiatives in Modjo Leather City, Ethiopia

(PRESS RELEASE) UTRECHT, 22-Jul-2021 — /EuropaWire/ — Solidaridad, an international civil society organization active in over 40 countries with 8 regional offices on 5 continents, has announced that it is part of a consortium with People in Need (PIN), the … Read the full press release

Citycon: The new urban centre Lippulaiva will be carbon neutral in terms of energy consumption from the opening day

(PRESS RELEASE) ESPOO, 17-Jun-2021 — /EuropaWire/ — Citycon, a leading owner, developer and manager of multipurpose urban centres, has announced that the new urban centre Lippulaiva, that is currently under construction in Espoonlahti, is a pioneer in sustainable energy solutions, … Read the full press release

Erste Group joins European Union’s newly established economic stimulus programme

European Union will issue up to 800 billion euros by end-2026 to finance EU’s recovery Erste Group only bank with key focus on CEE region in EU’s Primary Dealer Network (PRESS RELEASE) VIENNA, 4-Jun-2021 — /EuropaWire/ — Erste Group announces … Read the full press release

Hydro welcomes the European Commission’s intention to impose antidumping duties on Chinese aluminium converter foil

(PRESS RELEASE) OSLO, 25-May-2021 — /EuropaWire/ — Hydro Rolling, leading manufacturer of advanced rolled aluminium products, has welcomed the announcement of the European Commission on May 21 of its intention to impose antidumping duties of 16-29.1% on aluminium converter foil … Read the full press release

The European Bank for Reconstruction and Development (EBRD) to finance the revitalisation of the abandoned Gredelj area in Croatia

(PRESS RELEASE) LONDON, 22-Apr-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced its support for an urban regeneration initiative in Zagreb, Croatia. The bank will be backing an initiative for … Read the full press release

Terna’s rating upgraded to “EE-” from “E+” by Standard Ethics

(PRESS RELEASE) ROME, 29-Mar-2021 — /EuropaWire/ — Italy’s national electricity transmission grid operator Terna announces that Standard Ethics has upgraded its corporate rating to “EE-” from the previous “E+”, with a long-term “positive” outlook. Standard Ethics views that Terna is … Read the full press release

Aimmune Therapeutics’ PALFORZIA the first-ever treatment option approved for peanut allergy in the EU

(PRESS RELEASE) VEVEY, 21-Dec-2020 — /EuropaWire/ — Nestlé Health Science Company, Aimmune Therapeutics announces that PALFORZIA® [defatted powder of Arachis hypogaea L., semen (peanuts)], has been approved by the European Commission for the treatment of peanut allergy in the European … Read the full press release

EIB signs €15.0 million financing deal with AB Science to support the development of masitinib as a treatment for COVID-19

Financing deal worth €15.0 million signed to support clinical development programme for masitinib Masitinib developed as a credible candidate for treating COVID-19 in addition to other diseases for which no therapeutic solutions are available (PRESS RELEASE) PARIS, 30-Nov-2020 — /EuropaWire/ — … Read the full press release

McPhy to help accelerate the development of zero-carbon hydrogen solutions by joining the European Clean Hydrogen Alliance

(PRESS RELEASE) GRENOBLE, France, 25-Nov-2020 — /EuropaWire/ — McPhy announces that is has joined the “European Clean Hydrogen Alliance” #ECH2A. The signing of the Alliance confirms its commitment to deploy zero-carbon hydrogen on a large scale, fully investing to achieve … Read the full press release

Launch of a New Multilingual Digest of Global Education Publications

(PRESS RELEASE) DUBLIN, 6-11-2020 — /EuropaWire/ — The official launch event of the Multilingual Global Education DIGEST 2020 will take place online on Monday, 9 November 2020, at 10:30 am (CET). The DIGEST is a bibliography of research in the … Read the full press release

European research project successfully demonstrates laser structuring of large surface areas to produce materials with fluid repellent and anti-bacterial effects

(PRESS RELEASE) PARMA, 23-Sep-2020 — /EuropaWire/ — The EU TresClean project has successfully completed its mission to demonstrate that tailored surfaces replicating the types of organic structures found in nature can produce beyond state-of-the-art fluid-repellent and antibacterial surfaces. The project … Read the full press release

Study involving experts from the University of Exeter found majority of citizens in France and Germany support some European military cooperation independent of NATO

DEVON, 30-Jun-2020 — /EuropaWire/ — Public research university The University of Exeter has announced that their experts have been part of a team that surveyed people in France and Germany during the autumn of 2019 about their nations’ defence relationships … Read the full press release

Moldovan agricultural firm Terrarica to upgrade machinery with financial support from EBRD and the EU

(PRESS RELEASE) LONDON, 22-May-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) has announced that a joint financing facility of the bank and the EU helped Terrarica to purchase machinery for agriculture production, including new tractors, auxiliary … Read the full press release

Capgemini Invent led consortium to help the European Commission address cyber security challenges across critical EU infrastructures

(PRESS RELEASE) PARIS, 27-Feb-2020 — /EuropaWire/ — Capgemini Invent, part of the Capgemini Group, has been awarded a contract by the European Commission to address the cyber security challenges faced by different critical infrastructures in and across European Union members. … Read the full press release

MEP Olekas is elected Chairman of the Euronest PA Social Affairs Committee

At the Euronest Parliamentary Assembly session in Tbilisi on 8 and 10 December, Juozas Olekas, Member of the European Parliament (MEP), was elected Chairman of the Committee on Social Affairs, Employment, Education, Culture and Civil Society. (PRESS RELEASE) BRUSSELS, 10-Dec-2019 … Read the full press release

A new flagship project on Additive Manufacturing skills aims to maintain Europe leading position in industrial competitiveness

Skills Strategy in Additive Manufacturing Project (SAM) will tackle the current European need of developing an effective system to identify and anticipate the right skills for Additive Manufacturing (PRESS RELEASE) PORTO SALVO, 25-Mar-2019 — /EuropaWire/ — Technology is evolving at … Read the full press release