Tag Archives: investment

EBRD and Credit Agricole Ukraine provide fresh financing to support Dniprovska Group’s recovery and expansion

(IN BRIEF) The European Bank for Reconstruction and Development is providing a US$5 million guarantee to support a US$12.256 million loan from Credit Agricole Ukraine to Dniprovska Group, a leading agricultural producer that has overcome severe war-related losses. The financing … Read the full press release

EBRD sells 1 million GDRs in NLB while maintaining long-term commitment to Slovenia’s leading bank

(IN BRIEF) The EBRD has reduced its shareholding in Nova Ljubljanska banka by 1 per cent through the sale of 1 million GDRs on the London Stock Exchange, retaining a 5.125 per cent stake and remaining one of the bank’s … Read the full press release

EIB Group names María Romano to lead Madrid Office and strengthen institutional agenda in Spain

(IN BRIEF) The European Investment Bank Group has named María Romano as the new Head of its Madrid Office, where she will lead institutional relations and coordinate support for major projects in Spain. Romano, who succeeds Fernando Torija, has extensive … Read the full press release

Skanska invests in third phase of Modřanský cukrovar to deliver sustainable housing and cultural spaces in Prague

(IN BRIEF) Skanska is investing CZK 1.2 billion (SEK 540 million) in the third stage of its Modřanský cukrovar residential development in Prague. The phase will deliver 132 low-energy apartments across four buildings, alongside a 3,700-square-meter public square, green spaces, … Read the full press release

Skanska invests in sustainable Awangarda Mogilska residential project to bring 500 new apartments to Kraków

(IN BRIEF) Skanska is investing PLN 241 million (SEK 630 million) in the first stage of the Awangarda Mogilska residential complex in Kraków, Poland. The development’s opening phase includes 278 apartments and six commercial units, with construction starting in August … Read the full press release

Hiab Invests in State-of-the-Art Wrexham Facility in Wales, UK for Enhanced Installation, Service, and Training

(IN BRIEF) Hiab will open a new UK headquarters and customer service & installation centre in Wrexham, Wales, in 2027. The facility, part of a major investment, will expand Hiab’s capacity to serve the UK market by supporting a larger … Read the full press release

KPN Ventures backs ElevenLabs as partnership brings accessible speech and automation to KPN customers

(IN BRIEF) KPN has partnered with voice AI innovator ElevenLabs and invested in the company through KPN Ventures to accelerate the adoption of advanced audio AI in the Netherlands. Early efforts will focus on converting content into high-quality speech and … Read the full press release

EBRD Approves New Five-Year Strategy for Bulgaria, Focusing on Green Transition and Competitiveness

(IN BRIEF) The EBRD has approved a new strategy for Bulgaria, focusing on the green transition, competitiveness, and resilience through 2030. The Bank’s investments in Bulgaria have grown significantly, with a focus on sustainable infrastructure and private sector development. The … Read the full press release

SCHOTT Pharma Expands Capacity with New RTU Cartridge Facility in Hungary

(IN BRIEF) SCHOTT Pharma has begun construction on a new production facility for ready-to-use (RTU) cartridges at its Lukácsháza site in Hungary. The investment of over 100 million euros will expand the company’s manufacturing capacity to meet increasing demand for … Read the full press release

Sika Invests in Giatec to Advance AI-Driven Concrete Solutions and Sustainability in Construction

(IN BRIEF) Sika has made a strategic investment in Giatec™ Scientific Inc., a leader in digital concrete technology, to advance the adoption of AI-driven solutions in the construction industry. The collaboration aims to optimize concrete mix designs and reduce CO₂ … Read the full press release

Vodafone and CK Hutchison Complete Merger of Vodafone UK and Three UK to Form VodafoneThree with £11 Billion Investment in 5G Network

(IN BRIEF) The merger of Vodafone UK and Three UK has officially concluded, creating VodafoneThree. This new venture will focus on deploying one of Europe’s most advanced 5G networks, with £11 billion earmarked for investment over the next decade. The … Read the full press release

Lux Express Invests €6 Million in NEOPLAN Skyliner Coaches to Improve Service and Sustainability on Tallinn-Tartu Route

(IN BRIEF) Lux Express, Estonia’s leading long-distance bus company, has added nine NEOPLAN Skyliner double-decker coaches to its fleet, enhancing service on the Tallinn-Tartu route. This €6 million investment will add 500 extra seats per day, providing relief during peak … Read the full press release

Leoni AG Opens High-Tech Plant in Agadir, Morocco, Creating 3,000 Jobs and Pioneering Sustainable Automotive Manufacturing

(IN BRIEF) Leoni AG has officially opened its new plant in Agadir, Morocco, designed to produce wiring systems for commercial vehicles. With an investment of over 20 million euros, the facility will create more than 3,000 jobs by 2027 and … Read the full press release

CVC Strategic Opportunities Sells Entire Stake in Genetic S.p.A., Strengthening the Company’s Global Position

(IN BRIEF) CVC Strategic Opportunities II has successfully exited its investment in Genetic S.p.A., a pharmaceutical CDMO specializing in Respiratory, Ophthalmic, and Oncology therapeutic products. The exit sees NB Renaissance and NB Aurora joining the Pavese family as shareholders. Under … Read the full press release

voestalpine Calls for Continued Electricity Price Compensation to Protect Austria’s Energy-Intensive Industry

(IN BRIEF) voestalpine AG has urged the Austrian federal government to ensure fair competition for Austria’s energy-intensive industries by continuing to use electricity price compensation, a measure already utilized by many EU countries. The company emphasizes that this compensation is … Read the full press release

KfW Strengthens Global Role with High Stable New Business in 2024 and Continued Focus on Climate Protection and Biodiversity

(IN BRIEF) KfW’s 2024 international business performance shows a stable level of EUR 34.2 billion, with a continued focus on climate protection, biodiversity, and geostrategic objectives. Through its subsidiaries, KfW supports projects aligned with Germany and Europe’s economic and geopolitical … Read the full press release

Ørsted Expands Partnership with Schroders Greencoat through GBP 456 Million Farm-Down of West of Duddon Sands Stake

(IN BRIEF) Ørsted has completed a farm-down of a 24.5% stake in the West of Duddon Sands Offshore Wind Farm to Schroders Greencoat, valued at GBP 456.1 million. The transaction supports Ørsted’s capital structure, risk diversification, and capital recycling strategy. … Read the full press release

European Investment Bank Appoints Scope Ratings for Solicited Creditworthiness Rating

(IN BRIEF) The European Investment Bank (EIB) has mandated Scope Ratings, a European Union-based credit rating agency, to perform a solicited creditworthiness rating. This addition to its existing agencies—Fitch, Moody’s, and S&P—was part of EIB’s regular triennial evaluation process for … Read the full press release

MAN Accelerates Transformation with Expanded Battery Production for Electric Commercial Vehicles at Nuremberg

(IN BRIEF) MAN Truck & Bus has officially launched battery production at its Nuremberg site, expanding investment from 100 million to approximately 250 million euros. This phase enhances the facility’s capabilities by producing complete battery packs as well as individual … Read the full press release

EnBW Commissioning of H₂-Ready Fuel-Switch Power Plant in Stuttgart-Münster Accelerates Energy Transition

(IN BRIEF) EnBW has taken a major stride in its decarbonization journey by commissioning a new H₂-ready fuel-switch power plant at its Stuttgart-Münster site. This power plant replaces older coal-fired components with a modern, natural gas-fired gas turbine facility capable … Read the full press release