Tag Archives: partnership

Logicor Completes Expansion of Walki’s Warehouse Facility, Enhancing Sustainability and Capacity

(IN BRIEF) Logicor, a leading European logistics real estate developer, has finalized the construction of a 10,400 sqm storage facility for Walki Sp. z o.o., a protective packaging manufacturer. This expansion, doubling Walki’s space at Logicor Wrocław II to 21,000 … Read the full press release

EBRD and EU-Funded Program Propel Alaska Hotel’s Sustainability Drive in Tsaghkadzor, Armenia, with Solar Investment

(IN BRIEF) Nestled in Tsaghkadzor, Armenia’s popular health resort, the Alaska Hotel is attracting visitors with its renowned Armenian hospitality and a commitment to sustainability. With support from the European Bank for Reconstruction and Development (EBRD) and the European Union … Read the full press release

European Investment Bank and Housing Finance Bank Collaborate to Boost Women Entrepreneurship in Uganda

(IN BRIEF) The European Investment Bank (EIB) and Uganda’s Housing Finance Bank (HFB) have joined forces to provide a €50 million investment aimed at supporting private sector entities, particularly SMEs, in Uganda. With a special focus on gender inclusion, at … Read the full press release

TowerCo of Africa Uganda Secures US$40 Million Financing to Expand Rural Telecom Infrastructure in Uganda

(IN BRIEF) TowerCo of Africa Uganda has secured a US$40 million financing package from European development finance partners to spearhead the installation of 506 new telecom towers in rural areas of Uganda. This initiative, supported by the European Investment Bank, … Read the full press release

NIB Partners with Nooa Savings Bank to Provide EUR 10 Million Loan for Finnish SMEs

(IN BRIEF) NIB and Nooa Savings Bank Ltd have entered into a EUR 10 million loan agreement aimed at financing small and medium-sized enterprises (SMEs) in Finland. The seven-year maturity loan will support Nooa Savings Bank’s strategic objectives of growing … Read the full press release

AFRY Management Consulting Report Highlights Challenges of EU Carbon Border Adjustment Mechanism for Electricity Imports from Great Britain

(IN BRIEF) A new report from AFRY Management Consulting commissioned by interconnector businesses and transmission companies sheds light on the potential impact of the EU Carbon Border Adjustment Mechanism (CBAM) on electricity imports from Great Britain (GB). The study identifies … Read the full press release

Vattenfall and Borealis Forge Renewable Energy Partnership to Drive Decarbonization

(IN BRIEF) Vattenfall and Borealis have entered into a groundbreaking long-term renewable hydropower purchase agreement (PPA) aimed at bolstering sustainability efforts. Starting January 2024, Vattenfall commenced supplying Borealis’ Stenungsund operations with 175 GWh per year of renewable energy sourced from … Read the full press release

Schroders Capital Plans UK Venture and Growth Fund with £300 Million Investment Boost

(IN BRIEF) Schroders Capital’s private markets investment division announces its intention to launch a UK venture and growth Long-Term Asset Fund (LTAF) with a £300 million cornerstone investment, backed by the British Business Bank (BBB) and Phoenix Group. This initiative, … Read the full press release

Stellantis Pours €5.6 Billion into South America: A Game-Changer for the Region’s Automotive Sector

(IN BRIEF) Stellantis has unveiled an ambitious investment plan of €5.6 billion in South America, marking the largest ever investment in the region’s automotive industry. This substantial funding will span from 2025 to 2030 and will facilitate the introduction of … Read the full press release

Relay by Lagardère Travel Retail Marks Exceptional Year with Global Expansion and Renewed Partnerships

(IN BRIEF) In 2023, Relay, the iconic brand by Lagardère Travel Retail, showcased its commitment to enhancing travelers’ experiences worldwide with a redefined brand signature and strategic partnerships. Renewed collaborations with Group ADP and SNCF in France highlighted Relay’s agility … Read the full press release

Evonik and Desktop Metal Strengthen Collaboration, Qualify INFINAM® ST 6100 L for Large Format ETEC 3D Printers

(IN BRIEF) Evonik and Desktop Metal have enhanced their partnership with the qualification of Evonik’s INFINAM® ST 6100 L photopolymer on Desktop Metal’s ETEC Xtreme 8K and Pro XL 3D printers. INFINAM® ST 6100 L, renowned for its high strength … Read the full press release

Stora Enso and SEB Forge Path for Forest Industry Entrepreneurs with Innovative Financing Model

(IN BRIEF) Stora Enso’s innovative Harvesting Partner concept, aimed at fostering entrepreneurship and skillful operators in the forest industry, has expanded across Sweden, Finland, Norway, and Lithuania since its launch in November 2022. In collaboration with SEB, Stora Enso has … Read the full press release

Atos, Open, and Sopra Steria Consortium Chosen by UGAP for Public Service Digital Transformation

(IN BRIEF) Atos, Open, and Sopra Steria Consortium, led by Atos, has secured a contract with the Union des Groupements d’Achats Publics (UGAP) to provide project management assistance (AMOE) and third-party application maintenance (TMA) services under the IT Intellectual Services … Read the full press release

Hydro and NKT Forge Partnership for Low-Carbon Aluminium Power Cable Innovation

(IN BRIEF) Hydro and NKT have announced a strategic partnership to develop a cutting-edge, low-carbon aluminium power cable value chain, aimed at facilitating the growth of Europe’s renewable energy grid. The collaboration, set to extend towards 2030, will focus on … Read the full press release

Euronext Expands ELITE Program, Welcoming Six Portuguese Companies for Sustainable Growth

(IN BRIEF) Euronext, Europe’s leading market infrastructure, has expanded its ELITE ecosystem into Portugal, ushering in six diverse companies into the program. These companies, spanning sectors such as healthcare, technology, food, and manufacturing, collectively generate over 200 million Euros in … Read the full press release

EIB and CERUDEB Launch €100 Million Initiative to Empower Women Entrepreneurs and Rural Enterprises in Uganda

(IN BRIEF) The European Investment Bank (EIB) and Centenary Rural Development Bank Ltd (CERUDEB) have unveiled a landmark €100 million investment aimed at bolstering private sector enterprises in Uganda, particularly focusing on women borrowers and rural microenterprises. With 50% of … Read the full press release

Inauguration of Agra Metro Marks Milestone in Sustainable Urban Transport: A Visionary Step Toward Preserving Cultural Heritage

(IN BRIEF) Indian Prime Minister Narendra Modi, virtually inaugurated the first 6 km section of the Agra metro, alongside Chief Minister of Uttar Pradesh Yogi Adityanath and other dignitaries. Funded by a €450 million loan from the European Investment Bank … Read the full press release

flyadeal Partners with Safran Nacelles for Comprehensive Fleet Support

(IN BRIEF) At the MRO Middle East event in Dubai, low-cost carrier flyadeal, a subsidiary of Saudia Group, signed a long-term agreement with Safran Nacelles for comprehensive support of nacelles on its Airbus A320neo family fleet powered by CFM International* … Read the full press release

EIB Teams Up with Sunfire to Advance Green Hydrogen Production with €100 Million Venture Debt Loan

(IN BRIEF) The European Investment Bank (EIB) is collaborating with Sunfire, a German-based company, to support the development of solid oxide electrolysers for green hydrogen production in industrial applications. Through a venture debt loan of up to €100 million, with … Read the full press release

EIB and Otua Group Partner to Drive Circular Economy in Spain with €40 Million Investment

(IN BRIEF) The European Investment Bank (EIB) and Otua Group have collaborated on a €40 million loan to facilitate the construction of a new recycling plant for automotive waste plastics and the upgrade of existing metal waste processing facilities. This … Read the full press release