Tag Archives: job creation

EIB Provides €150 Million to Fuel Alfasigma’s 2025–2027 R&D in Specialty and Rare-Disease Medicines

(IN BRIEF) The EIB has extended a €150 million loan to Alfasigma to fund its R&D efforts from 2025 to 2027, targeting new drugs in gastroenterology, hepatology, vascular medicine, rheumatology, and rare diseases. The financing, endorsed by EIB Vice-President Gelsomina … Read the full press release

Verizon and Nokia Partner to Power Thames Freeport with Private 5G for Smarter Ports and Manufacturing

(IN BRIEF) Verizon Business and Nokia will deploy private 5G networks across the Thames Freeport’s main logistics and manufacturing sites—DP World London Gateway, Port of Tilbury, and Ford Dagenham—to support AI analytics, autonomous vehicle control, and real-time logistics orchestration. Backed … Read the full press release

EIB-Backed Jiji Hydropower Plant Launch Powers 15,000 Homes and Boosts Burundi’s Growth

(IN BRIEF) Burundi’s President officially opened the Jiji hydroelectric plant in Bururi province, marking a major milestone toward the nation’s energy self-reliance. When paired with the soon-to-be-completed Mulembwe facility, the two dams will deliver 49.5 MW of capacity and 235 … Read the full press release

AUTO1 Group to Create 2,000+ Jobs as It Scales Branches and Refurbishment Centres Across Europe

(IN BRIEF) AUTO1 Group is set to add more than 2,000 positions across Germany, France, Italy, and Spain as it scales its used-car business. The company will expedite the launch of new drop-off branches for wirkaufendeinauto.de and related brands—having opened … Read the full press release

Bouygues UK to Build Barry Waterfront Campus and Advanced Technology Centre for Cardiff and Vale College

(IN BRIEF) Cardiff and Vale College (CAVC) has awarded Bouygues UK the contract to build the Barry Waterfront Campus and the Advanced Technology Centre in South Wales, under the Mutual Investment Model (MIM). Worth £119 million, the project will provide … Read the full press release

KfW Reports Record Number of Younger Entrepreneurs Driving Growth in Germany’s Start-Up Scene

(IN BRIEF) Germany’s entrepreneurial landscape in 2024 saw a notable shift toward younger business founders, with the average age of new entrepreneurs dropping to 34.4 years. A 3 percent rise in new business registrations marked a slight recovery, largely driven … Read the full press release

EIF and Citadele Bank Partner to Provide Up to €138 Million in Preferential Loans for Baltic Businesses

(IN BRIEF) Citadele Bank, with EIF support, has launched a €138 million loan programme aimed at SMEs and microbusinesses in Estonia, Latvia, and Lithuania. The initiative, backed by the European Commission’s InvestEU programme, will offer loans with low interest rates, … Read the full press release

Equinor’s Empire Wind Project Moves Forward, Construction Resumes Following BOEM Approval

(IN BRIEF) Empire Offshore Wind LLC, a subsidiary of Equinor ASA, has resumed construction on the Empire Wind project after the Bureau of Ocean Energy Management lifted the stop work order. The project, which is more than 30 percent complete, … Read the full press release

OptiSigns Announces European Expansion

OptiSigns has opened a new office in Munich, Germany and added key leadership to better support EU customers OptiSigns is the leading digital signage company in North America, with over 30,500 customers in 121 countries using their hardware and software … Read the full press release

Maersk Opens First Warehouse in France, Strengthening Logistics Network in Europe

(IN BRIEF) Maersk has opened its first warehouse in France, located in the Hauts-de-France region. The 75,000 m² facility is part of Maersk’s extensive European logistics network and serves as a key hub for strengthening supply chain solutions in the … Read the full press release

AFRY Partners on Sustainability Study for Estonia’s Phosphorite Project to Enhance Economic Independence

(IN BRIEF) AFRY has been commissioned by the Geological Survey of Estonia to carry out a comprehensive Preliminary Economic Assessment and Pre-Feasibility Study for the Estonian Phosphate Ore project located in Toolse, Estonia. Recognizing Estonia’s significant phosphorite deposits, which are … Read the full press release

EIB Fuels Swedish Food Security: €50M Loan Boosts Lantmännen’s Innovative Pea Protein Factory

(IN BRIEF) The European Investment Bank has provided Lantmännen with a €50 million loan to co-finance the construction of a new pea protein isolate factory in Lidköping, Sweden. This investment, covering about half the project cost, will enable the factory—set … Read the full press release

Derby 507: Logicor’s Cutting-Edge Logistics Hub Fuels Local Growth and Sustainability

(IN BRIEF) Logicor has completed the Derby 507 logistics and manufacturing facility in the East Midlands, a 508,003 sq ft development that is expected to create up to 1,000 jobs and bolster the local economy. Strategically located in Infinity Park … Read the full press release

Bayer Launches Cutting-Edge Maize Seed Facility to Transform African Food Security

(IN BRIEF) Bayer has opened a new maize seed facility in Kabwe, Zambia, with a 32-million-euro investment that triples its current production capacity. The facility, part of Bayer’s growth strategy in Africa, is expected to provide high-yielding maize seeds to … Read the full press release

Prosus Unveils Strategic Blueprint for Europe to Forge Its Own Big Tech Titans

(IN BRIEF) Prosus believes that Europe has the necessary elements—top-tier technology talent, innovative research, and a flourishing startup scene—to create a league of Big Tech companies capable of competing with the leading tech giants from the US and China. A … Read the full press release

University of Helsinki Fuels Future Growth with Launch of 80+ Innovative Startups

(IN BRIEF) The University of Helsinki has announced that its incubator programs have successfully launched more than 80 startups, highlighting the institution’s dedication to promoting innovation and entrepreneurship. These startups, which cover a spectrum of industries such as technology, digital … Read the full press release

Canada Commences Next-Generation Naval Build with Major Domestic Contract Award

(IN BRIEF) BAE Systems and Irving Shipbuilding Inc. have signed a CAD 8 billion contract to begin the next phase of Canada’s River‐class destroyer programme. This contract, part of the Government’s Our North, Strong and Free defence policy, covers the … Read the full press release

DHL eCommerce Opens New 25,000 m² Hub in Coventry to Boost UK E-Commerce

(IN BRIEF) DHL eCommerce has unveiled its new 25,000 m² parcel hub near Coventry Airport, marking a significant step in expanding its operations in the UK. With a focus on sustainability and advanced automation, the facility will support growing e-commerce … Read the full press release

BGFA’s Training Programme in Uganda Advances Skills, Gender Inclusion, and Off-Grid Energy Access

(IN BRIEF) The Beyond the Grid Fund for Africa (BGFA) has successfully completed its Job Creation and Skills Development sub-programme in Uganda, providing over 300 participants with training to enhance technical and business skills within the off-grid energy sector. This … Read the full press release

EPP Group Supports Omnibus Business Simplification to Drive Growth and Reduce Bureaucratic Barriers

(IN BRIEF) The EPP Group has voiced strong support for the upcoming Omnibus business simplification initiative, emphasizing the urgent need for economic growth and job creation in Europe. With a focus on cutting unnecessary bureaucratic obstacles, the group aims to … Read the full press release