Tag Archives: job creation

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

VTTI Unveils VIDA Bioenergy to Drive Growth in Europe’s Biomethane Market

(IN BRIEF) VTTI has launched VIDA bioenergy, a fully owned subsidiary focused on producing renewable energy by converting biomass into biomethane, biogenic CO2, and organic fertilizer. Led by CEO Lars Boetje, VIDA bioenergy will operate independently from VTTI, enabling flexibility … Read the full press release

Orange and Vodacom Launch Groundbreaking Rural Connectivity Project in DRC with Solar-Powered Base Stations

(IN BRIEF) Orange and Vodacom have teamed up to establish a pioneering partnership in the Democratic Republic of Congo (DRC) aimed at enhancing mobile connectivity in rural areas. Over the next six years, the companies plan to construct up to … Read the full press release

Nearly 100 Armenian Businesses to Benefit from EIB and Evocabank Partnership, Sustaining Around 1,200 Jobs

(IN BRIEF) The European Investment Bank’s (EIB) global arm, EIB Global, has partnered with Evocabank to improve financial access for micro-, small-, and medium-sized enterprises (MSMEs) in Armenia. EIB Global is providing a €12 million loan to Evocabank, which will … Read the full press release

EIF and kompasbank Unlock €175 Million to Boost Danish SMEs and Green Initiatives

(IN BRIEF) The European Investment Fund (EIF) and Danish corporate bank kompasbank a/s have partnered to provide at least €175 million in new loans to Danish small and medium-sized enterprises (SMEs). Supported by the InvestEU programme, the three portfolio guarantee … Read the full press release

EIF and MDB Collaboration to Foster Economic Development and Job Creation in Malta

(IN BRIEF) The European Investment Fund (EIF), in collaboration with the Malta Development Bank (MDB), is set to provide guarantees totaling €20 million to support small and medium-sized enterprises (SMEs) and small mid-caps in Malta. These guarantees, backed by InvestEU, … Read the full press release

EIB Global Invests $30 Million in Seedstars Africa Ventures to Boost Innovation and Job Creation in Africa

(IN BRIEF) EIB Global has announced a $30 million equity investment in the Seedstars Africa Ventures I venture capital fund to support innovative entrepreneurs in Africa. This investment aims to provide improved access to risk capital for startups and innovative … Read the full press release

InvestEU-Backed EIF Guarantees to Enable UniCredit Group to Provide Favorable Loans to 2,500 SMEs

(IN BRIEF) The European Investment Fund (EIF) has provided UniCredit Group with two guarantees worth €370 million to support investment by small and medium-sized businesses (SMEs) across seven EU countries. The transactions are backed by InvestEU, the European Union’s long-term … Read the full press release

Lightsource bp to co-develop solar projects in Portugal with local company INSUN

1.35GW of local solar projects identified through co-development partnership The investment will be deployed over six years Over 3000 green jobs could be created in the regions of Moura, Castelo Branco, Mogadouro Chamusca and Viseu (PRESS RELEASE) LISBON, 28-May-2021 — … Read the full press release

London Stock Exchange Group: ELITE and JobsOhio partner to accelerate growth of midmarket companies in Ohio

ELITE USA launches today; State of Ohio is first state in the United States to offer ELITE programme ELITE and JobsOhio sign a collaboration agreement to accelerate growth of midmarket companies in Ohio, supported by local network of partners Business … Read the full press release

FMO closes USD 15 million loan for Bancop to support job creation by productive SMEs in Paraguay

The HAGUE, 27-Sep-2018 — /EuropaWire/ — FMO has closed a USD 15 million loan for Banco Para la Comercialización y la Producción, Bancop S.A. (“Bancop”) in Paraguay, to support job creation by productive SMEs. Bancop is a member of the … Read the full press release

EU economy expected to stabilise in the first half of 2013

Spring 2013 forecast: The EU economy – slowly recovering from a protracted recession Brussels, 7-5-2013 — /europawire.eu/ — Following the recession that marked 2012, the EU economy is expected to stabilise in the first half of 2013. GDP growth is projected to … Read the full press release

Olli REHN: Statement on Cyprus in the European Parliament

Olli REHN – Vice-President of the European Commission and member of the Commission responsible for Economic and Monetary Affairs and the Euro European Parliament Strasbourg, 18-4-2013 — /europawire.eu/ — President, Honourable Members, As President Barroso is attending the funeral of Baroness Thatcher … Read the full press release