(IN BRIEF) The European Investment Bank (EIB) has provided an €80 million loan to the Port Authority of Bilbao to support the port’s expansion and integration of renewable energy infrastructure. The project will enhance capacity and efficiency at a key … Read the full press release
(IN BRIEF) Tetra Pak and Yellow Dreams have invested €3 million to establish a new recycling plant in Ittervoort, Netherlands, set to begin operations in the second half of 2025. The plant will process the polyAl component from used beverage … Read the full press release
Posted in Business, Environment, European Union, Financial, Food & Beverage, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Switzerland, Technology
Tagged Bas Gehlen, Beverage Carton Recycling Capacity, investment, Kinga Sieradzon, Netherlands, partnership, recycling plant, sustainability, Tetra Pak, Yellow Dreams
(IN BRIEF) Two University of Bristol projects have been awarded funding as part of a £80 million investment by the Engineering and Physical Sciences Research Council (EPSRC) to advance transformative scientific discoveries. Dr. Ben Ward-Cherrier is developing a system to … Read the full press release
Posted in Business, Education, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Science, Technology, United Kingdom
Tagged Dr. Ben Ward-Cherrier, Dr. Matthew Hennessy, Engineering and Physical Sciences Research Council (EPSRC), innovations, investment, Lord Patrick Vallance, Professor Charlotte Deane, Projects, prosthetics, smart materials, University of Bristol
(IN BRIEF) Global insured losses from natural catastrophes in 2024 are projected to exceed USD 135 billion, marking the fifth consecutive year such losses have surpassed USD 100 billion, according to Swiss Re Institute. Hurricanes Helene and Milton caused nearly … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Balz Grollimund, Financial, investment, Jerome Jean Haegeli, natural catastrophes, sustainability, Swiss Re
(IN BRIEF) The Austrian financial community has named “AI bubble” as the stock market taboo phrase of 2024, reflecting concerns over the rapid rise in valuations of companies linked to artificial intelligence (AI). While some warn that the high costs … Read the full press release
Posted in Artificial Intelligence (AI), Austria, Banks, Business, Economy, Financial, Industrial, International Trade, Investment, Management, News, Technology
Tagged "AI Bubble", Christoph Boschan, Financial, investment, Manuel Schleifer, Stock Market Taboo Phrase of 2024, Wiener Börse AG, Wolfgang Matejka
(IN BRIEF) Barclays’ Property Insights Report reveals an 8.2% year-on-year rise in rent and mortgage costs in November, driven by homeowners transitioning to higher interest rates. Energy efficiency improvements, such as insulation and solar panels, are a priority for a … Read the full press release
(IN BRIEF) Saxo Bank has released its annual Outrageous Predictions for 2025, presenting a series of speculative scenarios that, while unlikely, could have dramatic effects on global markets if realized. Highlights include a hypothetical second Trump administration disrupting the US … Read the full press release
Posted in Banks, Business, Denmark, Economy, Financial, Industrial, International Trade, Investment, News, Technology
Tagged economy, Financial, investment, Outrageous Predictions for 2025, Saxo Bank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Swedbank Lithuania have partnered to provide €48.4 million in funding for the development of SIRIN PARK GARIŪNAI, a modern logistics park near Vilnius, Lithuania. The project, led by SIRIN … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged EBRD, investment, Laurynas Kuzavas, Lithuania, logistics hub, Martynas Trimonis, partnership, SIRIN PARK GARIŪNAI, sustainability, Swedbank, Tomas Kairys
(IN BRIEF) The European Investment Bank (EIB) and Andalusian company Cunext have partnered on a €30 million loan to build a copper recycling plant in Córdoba, Spain, using advanced electrolysis technology. The facility will produce high-purity copper cathodes from recycled … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Metals and Minerals, News, Spain, Technology
Tagged Antonio Lorenzo, circular economy, Copper Recycling Plant, Cunext, Dámaso Quintana, EIB, investment, partnership, Spain, sustainability
(IN BRIEF) The European Union, in partnership with EIB Global, Banca Intesa, and Intesa Leasing, has unveiled a €160 million financial package to support Serbian small and medium-sized enterprises (SMEs) and mid-sized companies. This initiative will fund green projects, renewable … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Serbia, Small Business, Technology
Tagged Banca Intesa, Darko Popović, EIB, Emanuele Giaufret, EU, Intesa Leasing, investment, JOBS, partnership, Robert de Groot, SERBIA, SMEs, sustainability
(IN BRIEF) Skanska is investing SEK 530 million in Mandelblomman, a sustainable residential project in Täby Park near Stockholm. The development includes 156 apartments, a rooftop terrace, a green courtyard, and 75 parking spaces. Sustainability features include solar panels covering … Read the full press release
(IN BRIEF) The European Investment Fund (EIF) has committed €30 million to Sistafund, a venture capital initiative championing gender diversity in European startups. Targeting a total of €100 million, Sistafund invests in early-stage companies where women hold at least 30% … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Society, Technology
Tagged Ambroise Fayolle, Clara Chappaz, European Investment Fund, France, gender diversity, gender equity, INNOVATION, investment, Isabelle Gallo, Marjut Falkstedt, partnership, Sistafund, society, sustainability, Tatiana Jama, venture capital
(IN BRIEF) Encavis AG has successfully fulfilled all conditions for its voluntary public takeover by Elbe BidCo AG, a KKR-led consortium, which now holds 87.73% of Encavis shares after acquiring 87.41% at EUR 17.50 per share. The partnership, formalized through … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged acquisition, Dr. Christoph Husmann, Elbe BidCo AG, Encavis, investment, KKR, Max Viessmann, partnership, Tobias Krauss, Vincent Policard, Voluntary Public Takeover
(IN BRIEF) Equinor ASA announced a total cash dividend of USD 0.70 per share for Q2 2024, comprising an ordinary and an extraordinary dividend of USD 0.35 each. Based on the average USD to NOK exchange rate of 11.0741, the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged Dividend Payments, Equinor, Financial, investment
(IN BRIEF) Aviva has completed a £1.7 billion pensioner buy-in with the National Grid Electricity Group, part of the Electricity Supply Pension Scheme, ensuring benefits for 5,800 pensioner members. Finalized in October 2024, the transaction included transitioning an existing longevity … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Insurance, Investment, Management, News, United Kingdom
Tagged Aviva, investment, National Grid Electricity, partnership, Pensioner Buy-In, Sean Rooney, Stephen Yandle, sustainability, Tom Scott, Zurich UK
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental firm. This marks a continuation of Autonom’s sustainability efforts, following its … Read the full press release
Posted in Automotive, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Romania, United Kingdom
Tagged Autonom, Car Leasing Firm, Dan Ștefan, EBRD, investment, partnership, Romania, sustainability, Victoria Zinchuk
(IN BRIEF) The Dutch government has allocated €20.5 million to Twente’s Project Beethoven for 2025-2026 as part of the National Microchip Talent Reinforcement Plan, aiming to increase the number of technical graduates and support the growing microchip sector. Twente’s educational … Read the full press release
Posted in Business, Education, Financial, Government, Industrial, Investment, Management, Netherlands, News, Technology
Tagged Education, INNOVATION, investment, Microchip Talent Development, National Plan, partnership, University of Twente
(IN BRIEF) The Nemetschek Group has invested in Document Crunch, a technology company specializing in AI-driven document compliance and risk management for the construction industry, as part of a Series B funding round. The investment will help Document Crunch scale … Read the full press release
Posted in Artificial Intelligence (AI), Berlin, Business, Construction, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged AI, construction, Document Crunch, investment, Josh Levy, Matt Wheelis, Nemetschek Group, partnership, Tanja Kufner, USA
(IN BRIEF) The Dutch Research Council (NWO) has announced €1.5 million in funding for science communication projects that strengthen connections between science and society. Open to professionals from research institutions, museums, and public organizations, the funding encourages innovative approaches that … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Netherlands, News, Science, Technology
Tagged Dutch Research Council, INNOVATION, investment, Science Communication Projects
(IN BRIEF) CapMan Nordic Infrastructure II fund has acquired a majority stake in ProPellet Oy, Finland’s leading heat-as-a-service (HaaS) operator and bioenergy producer. ProPellet, which operates over 120 heating sites and produces pellet fuel using forestry by-products, has experienced significant … Read the full press release
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