Tag Archives: regional development

EIB Provides €400 Million to Support Construction of Strategic Prague Ring Road Section Enhancing Czech and EU Connectivity

(IN BRIEF) The European Investment Bank (EIB) is lending €400 million to support the construction of a 12.64 km section of the Prague Ring Road between Běchovice and the D1 motorway, a project led by Ředitelství silnic a dálnic (RSD) … Read the full press release

EIB and Správa železnic Partner on €200 Million Investment to Strengthen Czech Railways and Climate Resilience

(IN BRIEF) The European Investment Bank (EIB) is providing a €200 million loan to the Czech Republic to upgrade its railway network by 2030. Managed by Správa železnic through the State Fund for Transport Infrastructure, the project will enhance both … Read the full press release

EIB and ICSC Strengthen Partnership with €150 Million Loan to Modernize Italy’s Sports and Cultural Infrastructure

(IN BRIEF) The European Investment Bank (EIB) has granted a €150 million loan to the Istituto per il Credito Sportivo e Culturale (ICSC) to finance new and upgraded public sports and cultural infrastructure across Italy. The funding will support projects … Read the full press release

Patria Bank Secures Second EIB Loan to Expand Credit Access and Promote Sustainable Growth in Romania

(IN BRIEF) The European Investment Bank (EIB) has granted a €25 million loan to Romania’s Patria Bank SA to expand financing for small and medium-sized enterprises (SMEs) and Mid-Cap companies, especially in less-developed regions. A fifth of the funds will … Read the full press release

EIB Group and VEHIS Launch PLN 2.6 Billion Auto-Lease Securitisation to Boost Polish SMEs

(IN BRIEF) The EIB Group and VEHIS have structured a cash securitisation to issue PLN 2.6 billion of auto-lease financing for Polish SMEs and mid-caps. The EIB buys PLN 637 million of senior notes, while EIF guarantees an equivalent amount … Read the full press release

Updated Memorandum of Understanding Unites Exeter’s Leading University and College in Community and Academic Initiatives

(IN BRIEF) On June 3, the University of Exeter and Exeter College formalised an updated Memorandum of Understanding that deepens a partnership spanning around twenty years. Signed at the University’s Streatham Campus, the MoU reinforces both institutions’ commitment to co-leading … Read the full press release

EIB Partners with Teknia for €30 Million Loan to Support Sustainable Manufacturing in the Automotive Sector

(IN BRIEF) The European Investment Bank (EIB) has provided a €30 million loan to Teknia, a Spanish automotive component manufacturer, to support its research and development efforts in sustainable manufacturing technologies across Europe. The loan will help Teknia reduce CO2 … Read the full press release

Leoni AG Opens High-Tech Plant in Agadir, Morocco, Creating 3,000 Jobs and Pioneering Sustainable Automotive Manufacturing

(IN BRIEF) Leoni AG has officially opened its new plant in Agadir, Morocco, designed to produce wiring systems for commercial vehicles. With an investment of over 20 million euros, the facility will create more than 3,000 jobs by 2027 and … Read the full press release

COTER: Territorial cooperation needs more flexibility and less bureaucracy to deliver growth

COTER chair Woźniak: “Strengthening regions’ and cities’ opportunities to face together common challenges can concretely contribute to overcome the crisis” Porto, 23-4-2013 — /europawire.eu/ — Today the Committee of the Regions Commission for Territorial Cohesion Policy (COTER) held a seminar in Porto … Read the full press release