(IN BRIEF) The European Investment Bank (EIB) and Deutsche Leasing have signed the second tranche of a €560 million project to support the green transformation of small and medium-sized enterprises (SMEs) and mid-caps in Germany and Eastern Europe. With €200 … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Deutsche Leasing, EIB, Financial, Germany, Nicola Beer, partnership, small businesses, sustainability
(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to Vay, a German teledriving technology company, to support its expansion in Europe. Vay’s innovative system allows vehicles to be remotely driven by trained drivers from a … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Bogdan Djukic, EIB, Europe, Fabrizio Scelsi, Germany, INNOVATION, investment, Nicola Beer, partnership, Remote-Driven Car-Sharing, sustainability, Thomas von der Ohe, Vay
(IN BRIEF) Iberdrola and Masdar have completed the installation of all 50 wind turbines at the Baltic Eagle offshore wind farm in the German Baltic Sea. The 476 MW wind farm is set to provide clean energy to around 475,000 … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged Abu Dhabi Future Energy Company (Masdar), Baltic Eagle Turbine, Germany, HE Dr. Sultan Al Jaber, Iberdrola, Ignacio Galán, installation, Mohamed Jameel Al Ramahi, partnership, sustainability, UAE, Wikinger, Windanker
(IN BRIEF) The European Investment Bank (EIB) and IKB Deutsche Industriebank AG have launched a partnership to support sustainable finance for mid-cap companies in Germany, introducing a new loan portfolio of €400 million. This initiative is aimed at firms with … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, Financial, Germany, IKB, Michael Wiedmann, Mid-Cap companies, Nicola Beer, partnership, sustainability
(IN BRIEF) The ACP Trust Fund has secured over €74 million in pledges from seven EU member states, including Denmark, Finland, Germany, Luxembourg, Portugal, Spain, and Sweden, to support economic growth in African, Caribbean, and Pacific (ACP) countries. This funding … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Spain, Sweden
Tagged African Caribbean and Pacific (ACP) Nations, Benjamin Dousa, Denmark, Dirk Meyer, economic, EIB, Finland, funding, Germany, Gilles Roth, Joaquim Miranda Sarmento, José Manuel Albares, Juha Savolainen, Jutta Urpilainen, Lars Løkke Rasmussen, Luxembourg, partnership, PORTUGAL, Spain, sustainability, Sweden, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) and IKB Deutsche Industriebank AG (IKB) have launched a strategic partnership aimed at enhancing access to sustainable financing for mid-cap companies in Germany. This initiative includes a €400 million loan portfolio, where the … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, Financial, Germany, IKB, Michael Wiedmann, Mid-Sized, Nicola Beer, partnership, sustainability
(IN BRIEF) TotalEnergies has acquired a 50% stake in two offshore wind projects, N-9.1 and N-9.2, from RWE. Located off the German coast, these projects, with a combined capacity of 4 GW, are expected to be commissioned in 2031 and … Read the full press release
(IN BRIEF) RWE and TotalEnergies have partnered to develop two large-scale offshore wind projects off the German coast, each with a capacity of 2 gigawatts (GW). TotalEnergies will acquire a 50% stake in both projects, following RWE’s successful bid in … Read the full press release
(IN BRIEF) Euronext has expanded its European derivatives offering by launching new Single Stock Options for German, Irish, and Portuguese stocks. The addition of 21 German options completes coverage of the DAX 40 Index, while six Irish and four Portuguese … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Government, Industrial, International Trade, Investment, Ireland, Management, Marketing, News, Portugal
Tagged Anthony Attia, Euronext, Financial, Germany, investment, Ireland, marketing, partnership, PORTUGAL
(IN BRIEF) A recent survey by Deutsche Telekom indicates a significant shift in how individuals approach personal expression, with many turning to generative AI for assistance in writing love letters. The study found that over 40% of respondents in France, … Read the full press release
Posted in Artificial Intelligence (AI), Business, Germany, Government, Industrial, Investment, Management, News, Technology, Telecom
Tagged daily life, Deutsche Telekom, France, generative AI, Germany, Love Letters, Poland, the USA
(IN BRIEF) RWE has officially unveiled the first turbine blade for the Sofia Offshore Wind Farm, produced at Siemens Gamesa’s Hull facility. This significant milestone in the construction of the flagship renewable energy project was celebrated at a ceremony attended … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Darren Davidson, Germany, Melanie Onn, partnership, RWE, Siemens Gamesa Hull Factory, Sofia Offshore Wind Farm, sustainability, Tom Glover, Turbine Blade, UK
(IN BRIEF) Covestro AG has signed an Investment Agreement with ADNOC International Germany Holding AG, which supports ADNOC’s public takeover offer for all Covestro shares at €62.00 each, valuing the company at approximately €11.7 billion. The agreement ensures ADNOC’s commitment … Read the full press release
(IN BRIEF) The ORLEN Group has launched sales of its HVO100 biofuel at two service stations in Germany, with plans to expand further. HVO100, made from vegetable oils and waste products such as used cooking oil, can reduce greenhouse gas … Read the full press release
Posted in Business, Czech Republic, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland
Tagged biofuel, Czech Republic, fuel, Germany, HVO100, ORLEN, partnership, sustainability
(IN BRIEF) Logicor celebrated its Environmental Day in Lüdenscheid, Germany, for the second consecutive year on September 26, 2024. Partnering with ‘Plant-my-Tree,’ 20 employees planted around 500 trees and checked on the growth of trees planted the previous year. This … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Media, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged Environmental Day, Germany, Logicor, Lüdenscheid, partnership, sustainability, tree planting
(IN BRIEF) German and Italian authorities, with the support of Eurojust and Europol, have successfully dismantled a large-scale fraud operation that targeted public institutions, cities, and municipalities. The suspects used phishing techniques to manipulate real invoices and divert payments meant … Read the full press release
Posted in Banks, Business, Financial, Germany, Government, Investment, Italy, Law, Management, Netherlands, News, Security & Safety
Tagged Eurojust, EUROPOL, Financial, FRAUD, Germany, Italy, Public Institutions, rship, SECURITY
(IN BRIEF) RWE has partnered with the Port Authority of Setúbal in Portugal through a Letter of Support, aiming to transform the port into a key logistics hub for floating offshore wind projects. This initiative aligns with Portugal’s renewable energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Portugal, Transportation & Logistics
Tagged Álvaro de Miguel, Carlos Correia, floating offshore wind, Germany, partnership, Port of Setúbal, PORTUGAL, RWE, sustainability
(IN BRIEF) Germany’s consumer sentiment showed a slight improvement in September 2024, according to the latest GfK report. After a significant drop the previous month, income expectations and willingness to buy have increased, resulting in a modest rise in the … Read the full press release
Posted in Business, Commodities, Economy, Financial, Germany, Industrial, Investment, Management, News, Retail
Tagged consumer, economy, Financial, Germany, GfK, Rolf Bürkl
(IN BRIEF) Eviden has been selected by the Luxembourg National Railway Company (CFL) to implement next-generation critical communication solutions to upgrade its GSM-R command and control network, enhancing safety and operational efficiency. The project, expected to be operational by late … Read the full press release
Posted in Business, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology, Telecom, Transportation & Logistics
Tagged Eviden, Germany, Lionel Toullier, Luxembourg National Railway Company (CFL), Mathieu Perrus, partnership, Railway Communication Systems, safety, sustainability
(IN BRIEF) BNP Paribas has signed an agreement to acquire HSBC’s private banking operations in Germany, aiming to enhance its wealth management services and increase its assets under management to over €40 billion. This strategic acquisition targets growth within the … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Germany, Government, Industrial, Investment, Management, News
Tagged acquisition, BNP Paribas, Germany, HSBC, Lutz Diederichs, partnership, Private Banking Division, Vincent Lecomte, wealth management
(IN BRIEF) Energiekontor AG and Salzgitter Flachstahl GmbH have signed long-term power purchase agreements (PPAs) for two solar park projects in Mecklenburg-Western Pomerania. Energiekontor will supply Salzgitter with over 120 gigawatt-hours of green electricity annually, aiming to cut CO2 emissions … Read the full press release
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