Tag Archives: job creation

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

EIB Group Boosts Sweden’s Green Transition with €1.9 Billion Financing in 2024

(IN BRIEF) In 2024, Sweden received approximately €1.9 billion in financing from the European Investment Bank (EIB) Group, with over 65% directed toward climate and sustainability initiatives. This funding supported key projects in renewable energy, infrastructure, and digitalization, including wind … Read the full press release

EIB Invests €15 Million to Support SME Growth and Gender Inclusion in Africa through IPAE 3 Fund

(IN BRIEF) The European Investment Bank (EIB) has committed €15 million to the I&P Afrique Entrepreneurs 3 (IPAE 3) fund, aimed at supporting small and medium-sized enterprises (SMEs) across Africa. The initiative, which focuses on key sectors like agriculture, health, … Read the full press release

Clean Rivers Joins Forces with Project STOP to Advance Waste Management and Combat Plastic Pollution in Indonesia

(IN BRIEF) Clean Rivers has partnered with Project STOP to help reduce plastic waste leakage and improve waste management in Indonesia through the Banyuwangi Hijau Phase 3 project. This partnership is part of a broader agreement between the UAE and … Read the full press release

EIB Increases Support for Czech Republic with €2.47 Billion Investment in Key Infrastructure and SMEs

(IN BRIEF) The European Investment Bank (EIB) has significantly increased its financing in the Czech Republic, rising to €2.47 billion in 2024. This marks a 33% growth from 2023, with key investments in infrastructure, the railway and energy sectors, and … Read the full press release

Logicor Expands Presence in Mediterranean Logistics Corridor with Acquisition of 12,850 sqm Facility in Beaucaire

(IN BRIEF) Logicor has acquired a 12,850 sqm logistics platform in Beaucaire, located within the Gard region’s Mediterranean logistics triangle. The development, set to begin in February 2025 and complete in early 2026, is part of the Domitia Business Park. … Read the full press release

Natixis CIB Closes $612 Million Financing for MN8 Energy’s Solar Projects in the U.S.

(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has closed a $612 million construction bridge financing deal to support MN8 Energy’s solar energy projects across North Carolina, Kentucky, and Illinois. The financing will aid the development of three photovoltaic … Read the full press release

EIB Global Partners with Ameriabank to Strengthen Armenia’s Private Sector with €105 Million Loan

(IN BRIEF) EIB Global has granted a €105 million loan to Ameriabank, marking its largest direct loan to a bank in the South Caucasus. The loan aims to support the growth of Armenia’s private sector by providing affordable financing to … Read the full press release

University of Copenhagen Study Reveals AI’s Complex Impact on Freelance Job Demand Following ChatGPT Launch

(IN BRIEF) A new study published in the Journal for Economic Behaviour and Organization explores the changing landscape of freelance job demand following the release of ChatGPT in late 2022. The study found that job categories like copywriting, translation, and … Read the full press release

EIB Vice-President Visits Trifyl’s Facility to Celebrate Success in Circular Economy and Green Transition

(IN BRIEF) EIB Vice-President Ambroise Fayolle visited Trifyl’s headquarters in southern France to tour its advanced waste sorting facility. The EIB’s €40 million loan helped Trifyl complete its Horizon 2030 project, enabling the recycling of 80% of household waste, reducing … Read the full press release

EIB and Banco Desio Launch €400 Million Financing Initiative to Support Innovation in Italian Businesses

(IN BRIEF) In Milan, the European Investment Bank (EIB) and Banco Desio signed the first €60 million tranche of a €200 million credit line designed to boost €400 million in investment for Italian SMEs and mid-cap businesses. The initiative aims … Read the full press release