(IN BRIEF) MYTILINEOS Energy & Metals, in partnership with Siemens Energy, has embarked on the construction of a 560 MW Combined Cycle Gas Turbine (CCGT) power unit at the Adamów Power Plant in Poland. The Engineering, Procurement, and Construction (EPC) … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Combined Cycle Gas Turbine (CCGT) Power Unit, construction, Germany, MYTILINEOS, partnership, Poland, Siemens Energy, sustainability
(IN BRIEF) The European Investment Bank (EIB) has agreed to extend a €600 million loan to the Republic of Poland, aiming to bolster the country’s economy through investments in digital and social development. EIB Vice-President Teresa Czerwińska highlighted the strategic … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland
Tagged Andrzej Domański, economy, European Investment Bank, partnership, Poland, sustainability, Teresa Czerwinska
(IN BRIEF) The Council of Europe Development Bank (CEB) has approved 11 new loans totaling €1.3 billion across various countries and sectors. These loans aim to address critical social issues such as microfinance, healthcare, education, and post-disaster reconstruction. Among the … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Business, European Union, Financial, Finland, France, Germany, Iceland, Industrial, Investment, Management, News, Poland, Serbia, Slovakia, Small Business, Society, Spain, Turkey, Ukraine
Tagged Bosnia and Herzegovina, Carlo Monticelli, CEB, Europe, Finland, France, Germany, Iceland, investments, partnership, Poland, SERBIA, Slovakia, Social Sector, Spain, Turkey, UKRAINE
(IN BRIEF) Nomagic, a leading developer of intelligent robotics for e-commerce and retail warehouses, has secured an €8 million loan from the European Investment Bank (EIB) to enhance its research and development (R&D) efforts. The loan, supported by the European … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Electronics & Machinery, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Retail, Technology
Tagged EIB, Marek Cygan, Nomagic, Nomagic React.AI, partnership, Poland, robotic automation solutions, Teresa Czerwinska
(IN BRIEF) Skanska Residential Development Poland is investing PLN 113M in the fifth and final stage of the Park Scandinavia estate in Warsaw’s Gocław district, featuring two seven-story buildings with 198 apartments. Embracing eco-friendly solutions, the project integrates a smart … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Sweden
Tagged investment, Park Scandinavia Estate, partnership, Poland, Skanska, sustainability, Warsaw
(IN BRIEF) HeavyFinance announces a €50 million fundraising for a private credit fund aimed at supporting European agricultural SMEs with tailored finance solutions to advance decarbonization efforts. With the EIF committing €20 million as a cornerstone investor and support from … Read the full press release
Posted in Agriculture, Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Latvia, Lithuania, Luxembourg, Management, News, Poland, Portugal, Small Business
Tagged agriculture, Bulgaria, EIF, Europe, HeavyFinance, Laimonas Noreika, Latvia, Lithuania, Marjut Falkstedt, Paolo Gentiloni, partnership, Poland, PORTUGAL, sustainability
(IN BRIEF) DHL Group unveils its new international logistics center in Robakowo, near Poznan, Poland, in collaboration with DHL eCommerce, Post & Parcel Germany, and DHL Freight. Representing an investment of approximately 180 million euros, the facility spans 32,000 sqm … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, News, Poland, Technology, Transportation & Logistics
Tagged DHL Group, logistics center, Poland, Poznań, Tobias Meyer
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Eiffel Investment Group are teaming up to advance solar energy development in Poland through a €45 million joint loan to PL-SUN Sp.z.o.o. This funding will support the construction of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, United Kingdom
Tagged Andrius Stonkus, EBRD, Eiffel Investment Group, Elisabetta Falcetti, partnership, Poland, solar energy, sustainability
(IN BRIEF) Cargounit, Poland’s leading locomotive leasing company, partners with Siemens Mobility to purchase 30 Vectron locomotives with an option for 60 more, along with 10 Smartron locomotives. The deal aims to enhance cross-border rail transport in Europe. Vectron locomotives, … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is allocating €2.5 million to Kyiv Medical University (KMU) to establish a new campus in Poland, providing critical support amidst the ongoing conflict in Ukraine. With a strategic focus on … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Poland, Ukraine, United Kingdom
Tagged campus, EBRD, Kyiv Medical University, partnership, Poland, sustainability
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering the growth of Poland’s manufacturing sector by providing a €90 million loan to Eko-Okna, a prominent producer of energy-efficient windows and doors in Poland. This investment will fund … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, United Kingdom
Tagged Andrzej Juszczyński, EBRD, Eko-Okna, Elisabetta Falcetti, Frederic Lucenet, investment, Manufacturing Sector, partnership, Poland, sustainability
(IN BRIEF) The UNIQA Group has launched the International Programmes (IP) HUB in Poland, serving as a competence center for 15 countries in Central and Eastern Europe where the insurer operates. This initiative aims to standardize insurance offerings for multinational … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has given its approval for a second loan tranche of PLN 1 billion to ENEA to support the modernization and renovation of the electricity distribution network in western Poland. This follows the first … Read the full press release
(IN BRIEF) In a significant development, the European Commission has signed an amendment to the InvestEU guarantee with the Nordic Investment Bank (NIB), making NIB the implementing partner for Norway and Iceland. This expansion broadens NIB’s lending capacity under the … Read the full press release
Posted in Banks, Business, European Union, Financial, Finland, Iceland, Industrial, Investment, Management, News, Norway
Tagged André Küüsvek, Denmark, Estonia, Finland, Iceland, InvestEU, Latvia, Lending Capacity, Lithuania, NIB, Norway, partnership, Poland, sustainability, Sweden
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a financial package of up to PLN 126.1 million (€29 million equivalent) to support the growth of renewable energy capacity in Poland. The funding will be directed towards … Read the full press release
(IN BRIEF) Europe experienced a remarkable year in offshore wind energy in 2023, witnessing a record 4.2 GW of new offshore wind farms coming online, marking a 40% increase from the previous year. Investments of €30 billion were confirmed for … Read the full press release
Posted in Belgium, Business, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Denmark, European Offshore Wind, Financial, France, Germany, investments, Poland, Positive Outlook, Spain, the Netherlands, UK, WindEurope
(IN BRIEF) UniCredit has received certification from the Top Employers Institute for the eighth consecutive year, highlighting its commitment to employee well-being and excellence in HR policies. The European-level Top Employer Certification was awarded based on local certifications in Bulgaria, … Read the full press release
Posted in Awards, Banks, Business, Financial, Industrial, Investment, Italy, Management, News, Technology
Tagged Awards, Bulgaria, David Plink, Europe, Germany, Italy, Poland, SERBIA, Siobhan McDonagh, Top Employer Certifications, Top Employers Institute, UNICREDIT
(IN BRIEF) PGNiG Upstream Norway AS (PUN), a subsidiary of the ORLEN Group, has secured ten new license areas for exploration on the Norwegian Continental Shelf through the Awards in Predefined Areas (APA) for 2023. PUN will act as the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Poland
Tagged acquisition, Daniel Obajtek, License Portfolio, Norway, Norwegian Continental Shelf, ORLEN, partnership, PGNiG, Poland, sustainability
(IN BRIEF) Voith and Schumacher Packaging have achieved the successful startup of PM 2 in Myszków, Poland, following a comprehensive modernization project. The rebuild, led by Voith, has doubled the production capacity of lightweight containerboard grades from 500 to 1,000 … Read the full press release
(IN BRIEF) The European Investment Bank Group (EIB Group) has entered into a revolving synthetic securitisation agreement with Europejski Fundusz Leasingowy S.A. (EFL) for a PLN 2 billion portfolio of leasing receivables. EFL commits to provide PLN 2.5 billion in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Small Business
Tagged EFL, EIB, Marjut Falkstedt, partnership, Poland, Projects, Radosław Woźniak, SMEs, sustainability, Teresa Czerwinska
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