Tag Archives: European Union

EIB Expands Climate Roadmap with New Funding for Clean Energy, Reforestation, and Women Entrepreneurs at COP30

(IN BRIEF) The European Investment Bank (EIB) Group will unveil a series of climate-focused initiatives at COP30 in Belém, Brazil, strengthening global action on clean energy, biodiversity, and sustainable development. Backed by its Climate Bank Roadmap Phase Two, the EIB … 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

Vodafone and AST SpaceMobile Establish Germany-Based Satellite Operations Centre to Advance Europe’s Sovereign Mobile Connectivity

(IN BRIEF) Vodafone and AST SpaceMobile have selected Germany as the location for their main Satellite Operations Centre, reinforcing Europe’s digital sovereignty and advancing the rollout of SatCo, their joint venture providing space-based mobile broadband services. Based near Munich or … Read the full press release

ORLEN Unveils First Advanced Charging Hub to Power Electric Mobility Growth Across Poland

(IN BRIEF) ORLEN has opened its first high-performance fast-charging hub for electric vehicles along the S7 expressway at Olsztynek Południe, offering up to 400 kW of power and charging times of around 20 minutes. The hub, capable of charging eight … Read the full press release

EIB Provides €90 Million Loan to TVO for Safety and Modernization Upgrades at Finland’s Olkiluoto Nuclear Plant

(IN BRIEF) The European Investment Bank has approved a €90 million loan to Finland’s Teollisuuden Voima Oyj (TVO) to upgrade two reactor units at the Olkiluoto nuclear power plant. The financing will fund safety-critical updates, including control system modernization and … Read the full press release

Pertussis Rebounds Across Europe as Infant Risk Rises With Falling Immunity and Maternal Vaccine Uptake

Pertussis cases surge: Over 60,000 reported in Europe; infants most at risk. Maternal vaccination expands: Finland, Norway, and UK updated pregnancy vaccine strategies. BioNet advances: Submitted recombinant pertussis vaccine to EMA; secured EU-GMP approval. Nasal vaccine progresses: ILiAD’s BPZE1 granted … Read the full press release

BioNet Advances Pertussis Vaccine Agenda with EU-GMP Approval, Clinical Collaborations, and New Research Links

BioNet earns EU-GMP certification for its acellular pertussis vaccine, confirming compliance with EU manufacturing and quality standards. Inspection by Ireland’s HPRA supports EMA review of BioNet’s recombinant vaccine candidate VacPertagen. Partnerships expanding: MoU with Indonesia’s Bio Farma to accelerate TdaP … Read the full press release

Ukraine’s First EIB-Financed Preschool in Vysoke Combines Education, Safety and Hope for Local Families

(IN BRIEF) The European Investment Bank (EIB), through the Ukraine Recovery Programme, has financed the construction of the first preschool in Vysoke village, Zhytomyr Oblast, at a cost of €812,000. Completed in less than a year, the facility can host … Read the full press release

EIB Global and Central Bank of Armenia Launch €100 Million Facility to Support SMEs, Women Entrepreneurs and Green Projects

(IN BRIEF) The European Investment Bank (EIB Global) has partnered with the Central Bank of Armenia to launch a €100 million loan programme to boost financing for MSMEs and mid-caps, with a strong focus on regional, women-led, and green projects. … Read the full press release

European Commission Authorises AstraZeneca’s Koselugo for Adult Neurofibromatosis Type 1 Patients After Landmark KOMET Trial

(IN BRIEF) AstraZeneca’s Alexion has secured European Commission approval for Koselugo (selumetinib), the first targeted therapy available to adults with neurofibromatosis type 1 (NF1) and symptomatic, inoperable plexiform neurofibromas (PN). The approval is based on the KOMET Phase III trial, … Read the full press release

BioNet Achieves EU-GMP Certification for its Pertussis Vaccine

(IN BRIEF) BioNet has achieved European Union Good Manufacturing Practice (EU-GMP) certification, a key international standard that validates its facilities and processes for producing high-quality pharmaceuticals. This certification, granted after inspection by Ireland’s Health Products Regulatory Authority (HPRA), allows BioNet … Read the full press release

European Investment Bank backs Ireland’s housing strategy with major €400 million facility

(IN BRIEF) The European Investment Bank (EIB) and the Housing Finance Agency (HFA) have announced a €400 million loan facility to boost the delivery of social and affordable homes across Ireland. The partnership enables 40-year fixed-rate financing for Local Authorities … Read the full press release

EIB and EIF Approve €9.2 Billion Package to Drive Housing Innovation, Healthcare, and Global Development

(IN BRIEF) The EIB and EIF have approved €9.2 billion in financing to boost Europe’s innovation and sustainability agenda, including a landmark €400 million HousingTech initiative to revolutionise the construction industry and enhance affordable housing. The EIF also invested in … Read the full press release

New European Space Giant to Emerge from Airbus, Leonardo, and Thales Partnership by 2027

(IN BRIEF) Airbus, Leonardo, and Thales have signed a Memorandum of Understanding to merge their space-related activities into a new European space company designed to strengthen the continent’s industrial and strategic autonomy. The new entity, expected to launch in 2027 … Read the full press release

EU-Backed EBRD Loans Boost Green and Competitive Growth for Moldova’s maib, Victoriabank, and Eximbank

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union, is extending €22.5 million in new loans to three Moldovan banks — maib, Victoriabank, and Eximbank — under the EU4Business-EBRD Credit Line to boost … Read the full press release

CertX Strengthens Europe’s AI Leadership Through Key Role in EU-Funded RobustifAI Project on Safe and Trustworthy GenAI

(IN BRIEF) CertX, part of SGS, has been appointed as the main assessment provider for the EU-funded €7.3 million RobustifAI project, which aims to create a framework for designing and deploying reliable, trustworthy Generative AI systems. The three-year initiative brings … Read the full press release

EU Deepens Collaboration with ASEAN to Accelerate Clean Energy Integration and Regional Power Grid Development

(IN BRIEF) The European Union has announced expanded support for Southeast Asia’s sustainable energy transition through a major partnership with ASEAN and the Asian Development Bank to advance the ASEAN Power Grid. The initiative aims to improve energy access for … Read the full press release

Kazakhstan’s maritime gateway set for major upgrade through €45 million EBRD-EU financing package

(IN BRIEF) The EBRD is providing €35 million in financing to modernise Kazakhstan’s port of Aktau, with up to €10 million in additional support expected from the EU, creating a total package of €45 million. The funds will extend berths … Read the full press release

EIB Group and EU4Business back €77 million financing boost for Moldovan SMEs through ProCredit Bank and Victoriabank

(IN BRIEF) The EIB Group, comprising the EIB and EIF, has signed guarantee agreements with ProCredit Bank Moldova and Victoriabank to mobilise over €77 million in new financing for nearly 1,000 Moldovan SMEs. Backed by the EU’s EU4Business Guarantee Facility, … Read the full press release

EIB InvestEU venture debt powers Aerospacelab’s growth, reinforcing Europe’s leadership in telecommunications, earth observation and space security

(IN BRIEF) The European Investment Bank (EIB) is providing €37.5 million in venture debt to Belgian satellite manufacturer Aerospacelab as part of the EU’s InvestEU programme, supporting the company’s growth in industrial satellite manufacturing and advancing Europe’s strategic autonomy in … Read the full press release