Tag Archives: expansion

Logicor Completes Expansion of Walki’s Warehouse Facility, Enhancing Sustainability and Capacity

(IN BRIEF) Logicor, a leading European logistics real estate developer, has finalized the construction of a 10,400 sqm storage facility for Walki Sp. z o.o., a protective packaging manufacturer. This expansion, doubling Walki’s space at Logicor Wrocław II to 21,000 … Read the full press release

Relay by Lagardère Travel Retail Marks Exceptional Year with Global Expansion and Renewed Partnerships

(IN BRIEF) In 2023, Relay, the iconic brand by Lagardère Travel Retail, showcased its commitment to enhancing travelers’ experiences worldwide with a redefined brand signature and strategic partnerships. Renewed collaborations with Group ADP and SNCF in France highlighted Relay’s agility … Read the full press release

ANDRITZ Delivers Milestone Pulp Mill to UPM, Spearheading Global Expansion

(IN BRIEF) International technology group ANDRITZ has successfully delivered the UPM Paso de los Toros pulp mill in Uruguay to forest industry giant UPM, marking UPM’s largest investment to date. The mill, equipped with cutting-edge technology from ANDRITZ, boasts a … Read the full press release

EBRD Extends €29 Million Financing for Eurowatt’s Renewable Energy Expansion in Poland

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a financial package of up to PLN 126.1 million (€29 million equivalent) to support the growth of renewable energy capacity in Poland. The funding will be directed towards … Read the full press release

INSEAD Secures €60 Million Loan from EIB for Europe Campus Renovation

(IN BRIEF) INSEAD, the global business school, has signed a €60 million financing agreement with the European Investment Bank (EIB) to support its Europe Campus Reimagination project. The loan will facilitate the modernization and expansion of the INSEAD Europe Campus … Read the full press release

Nordic Investment Bank and Wellbeing Services County Collaborate on €70 Million Hospital Expansion in Finland

(IN BRIEF) The Nordic Investment Bank (NIB) has entered into a 20-year EUR 70 million loan agreement with the Wellbeing Services County (WSC) of North Savo, Finland, to fund the expansion and renovation of the “Uusi Sydän” central hospital and … Read the full press release

Fincantieri Set to Acquire Remazel Engineering in Subsea and Marine Energy Expansion

(IN BRIEF) Fincantieri S.p.A. is advancing its strategic development project within the Subsea and Marine Energy sectors through an agreement to acquire the entire share capital of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. The key details and … Read the full press release

International Consortium Invests $455 Million in Damietta Port’s Container Terminal Expansion in Egypt

(IN BRIEF) An international consortium of institutions is lending vital support to the development of a second container terminal at Damietta Port in Egypt, a project set to triple the port’s container capacity and enhance its competitiveness. The project is … Read the full press release

EIB Commits €475 Million Loan for Brussels’ Metro Line Expansion to Improve Public Transportation and Air Quality

(IN BRIEF) The European Investment Bank (EIB) and the Brussels Capital Region have signed a €475 million loan agreement to enhance Brussels’ public transportation infrastructure by upgrading the existing underground tram connection between the Albert and Gare du Nord/Noordstation stops … Read the full press release

EIB Grants €500 Million Loan to Enexis for Dutch Electricity Grid Expansion

(IN BRIEF) The European Investment Bank (EIB) has provided a €500 million loan to Dutch distribution system operator (DSO) Enexis to fund its electricity network expansion efforts in the Netherlands. Enexis plans to upgrade and expand its infrastructure, encompassing medium-voltage … Read the full press release

Valio and St1 Joint Venture Explores Expansion of Biogas Plant Complexes for Renewable Energy Production

(IN BRIEF) Suomen Lantakaasu Oy, a joint venture between Valio and St1, is actively investigating the development of new biogas plant complexes in various regions. Currently, the construction of potential new plant complexes is under consideration in the Kokkola-Pietarsaari, Nivala-Haapavesi, … Read the full press release

CapMan Hotels Fund Partners with Lapland Hotels for Expansion in Oulu, Finland

(IN BRIEF) CapMan Hotels II fund has entered into an agreement to acquire “KOY Oulun Kuvernööri,” a five-story office property in Oulu city center, Finland. The plan is to transform the building into an extension of Lapland Hotels Oulu, increasing … Read the full press release

BT’s Digital Voice Home Phone Service Expansion to Benefit Greater London Customers

(IN BRIEF) BT is planning to roll out its new home phone service, Digital Voice, in Greater London during November and December, following the regional rollout in other parts of the UK. Digital Voice replaces traditional landlines with services provided … Read the full press release

Rheinmetall Wins Key Contract for Electric Vehicle (EV) Bearings in E-Mobility Expansion

(IN BRIEF) Rheinmetall, a tech enterprise, has secured an order for plain bearings to be used in a planetary gear set for an electric vehicle produced by an international automaker with a focus on e-mobility. The order represents significant annual … Read the full press release

Expansion Milestone: SGL Carbon Boosts Production Capacities for High-Quality Carbon Ceramic Brakes

(IN BRIEF) The foundation stone was ceremonially laid for the expansion of production capacities at Brembo SGL Carbon Ceramic Brakes (BSCCB) at the SGL Carbon site in Meitingen. The expansion involves the construction of two new production halls with a … Read the full press release

EBRD Invests €75 Million in Poland’s R.Power to Boost Green Energy Expansion

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €75 million in R.Power S.A, a leading renewable energy developer in Poland, to support the expansion of green energy generation across Europe. This marks the EBRD’s second investment … Read the full press release

Evonik Completes Expansion of Shanghai Catalyst Plant for Green Hydrogen Production

(IN BRIEF) Evonik Industries has successfully relocated and expanded its precious metal powder catalyst plant in Shanghai Chemical Industrial Park (SCIP), with production set to commence in Q4 2023. The company has signed an agreement with Hydrogenious LOHC Technologies to … Read the full press release

SIX Expands Data Services Access via Leading Cloud Providers with Megaport Collaboration

(IN BRIEF) SIX, a global financial information provider, has partnered with Network as a Service provider Megaport to offer customers seamless private access to its data services through major public cloud providers. This service, known as SIX Connect, enables clients … Read the full press release

Natixis CIB Expands Canadian Presence with New Toronto Office in Financial District

(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has opened a new office in Toronto, situated in the city’s financial district at 181 Bay Street within the Brookfield Place complex. The expansion reflects Natixis CIB’s ongoing commitment to providing … Read the full press release

NIB Supports Lidl Lietuva’s Expansion with €50 Million Loan for New Logistics Centre in Lithuania

(IN BRIEF) The Nordic Investment Bank (NIB) and retail store operator UAB Lidl Lietuva have signed a seven-year EUR 50 million loan agreement for Lidl’s new logistics centre in Vilnius, Lithuania. This facility will enable Lidl to expand its store … Read the full press release