Tag Archives: SMEs

Santander takes over the majority stake in UK based Ebury for EUR 400 million 

Santander takes over the majority stake in UK based Ebury for EUR 400 million 

MADRID, 5-Nov-2019 — /EuropaWire/ — UK based Ebury, which is the best-in-class trade and foreign exchange facilitator for small and medium-sized companies has received €400 million (~£350 million) strategic investment from Banco Santander. Santander’s investment in Ebury will help the … Read the full press release

NIB and Westra Wermlands Sparbank to improve access to financing for SMEs in western Sweden with new loan programme

HELSINKI, 31-Oct-2019 — /EuropaWire/ — NIB and Westra Wermlands Sparbank sign seven-year loan programme of SEK 300 million (EUR 27.8 million) to help small and medium sized enterprises (SMEs) and environmental projects in western Sweden. This will improve access to … Read the full press release

200 SMEs in Bulgaria, Latvia and Romania to benefit from the joint EBRD and EU programme

LONDON, 4-Jun-2019 — /EuropaWire/ — Investment in research and innovation by small and medium-sized enterprises (SMEs) in Bulgaria, Latvia and Romania will now have support from new financing programme launched by the EBRD and the EU. The new financing programme … Read the full press release

EU on track to launch its most ambitious ever European research and innovation programme in 2021

BRUSSELS, 20-Mar-2019 — /EuropaWire/ — EU institutions have just reached to partial political agreement on Horizon Europe. Horizon Europe is the future EU research and innovation programme and aims at facilitating the investment in research and innovation to maintain and … Read the full press release

Proposals now accepted by NWO’s Science PPP Fund within Chemistry, Energy, High-Tech Systems & Materials, Agri & Food and ICT

THE HAGUE, 7-Feb-2019 — /EuropaWire/ — Science-wide PPP fund by NWO Domain Science opens for public-private research within the NWO Domain Science. Chemistry (including BBE), Energy, High-Tech Systems & Materials, Agri & Food and ICT are the top sectors open for cooperation between … Read the full press release

AIB Brexit Sentiment Index for Q3 2018: 63% of Irish SMEs believed Brexit would have a negative impact on their business

22% of businesses who had plans to invest in or expand their business have postponed/cancelled those plans, with 20% reviewing their plans (ROI) 7% of ROI SMEs have postponed bank borrowing for capital investment, while 18% say their working capital … Read the full press release

London Stock Exchange Group celebrates Europe’s most dynamic and fastest growing SMEs in its ‘1000 Companies to Inspire Europe 2018’ report

Report demonstrates vital importance of high-growth small and medium sized companies (SMEs) to future European economic growth, innovation and job creation Report is part of broader LSEG support for European high-growth companies, including leading international growth market AIM and business … Read the full press release

EBRD and EU support first Moroccan business under Value Chain and Competitiveness Programme in Morocco

EBRD and EU support first Moroccan business under Value Chain and Competitiveness Programme in Morocco FINTECC programme to optimise the resources of Multisac Company to receive technical assistance through Blue Ribbon programme. LONDON, 25-Sep-2018 — /EuropaWire/ — Supporting the development of the packaging … Read the full press release

ING to invest £5 million in the UK fintech Funding Options

ING has invested £5 million in Funding Options, the UK fintech company that offers a marketplace for lending to SMEs. AMSTERDAM, 20-Sep-2018 — /EuropaWire/ — The investment gives ING a minority interest in the platform. Funding Options is keen to use … Read the full press release

KfW-ifo SME Barometer: German SMEs optimistic about the future despite recent truce in the trade conflict between US and EU

Business sentiment of small and medium-sized enterprises continues to improve Large enterprises are also more optimistic Robust upswing, but many risks remain Frankfurt am Main, 11-Sep-2018 — /EuropaWire/ — With the recent truce in the trade conflict between the US and … Read the full press release

KfW SME Panel: number of trainees and apprentices across Germany grew in 2017 for the first time in six years

High demand for labour has led to first increase in traineeships and apprenticeships since 2011 Around 90% of trainees and apprentices undergo training in small and medium-sized enterprises Women choose other training occupations than men – and are paid less … Read the full press release

Mono Solutions announce a new partnership with PA DIGITAL, the leading provider of digital services for small businesses in Spain

COPENHAGEN, 01-Aug-2018 — /EuropaWire/ — Mono Solutions is proud to announce a new partnership with the leading provider of digital services for small businesses in Spain, PA DIGITAL. The partnership allows PA Digital to deliver modern websites and additional digital marketing … Read the full press release

Euler Hermes: Sweden’s exporting SMEs can now assess the credit worthiness of potential business partners in 24 European countries

Credable, a Swedish insurtech start-up which is part of Euler Hermes, offers an innovative new service: invoice insurance for SMEs, based on traditional trade credit insurance. Credable is now providing cover for Swedish SMEs in 24 European countries. In line … Read the full press release

Kuehne + Nagel Integrated Logistics launches scalable and efficient supply chain management solution with faster time-to-value and a revolutionary pricing model for SMEs

Multi-modal management of the entire supply chain Based on the global Kuehne + Nagel Integrated Logistics leading solution Focus on industrial, consumer and high-tech industries Schindellegi, Switzerland, 08-Jun-2018 — /EuropaWire/ — Due to an increasing demand of cost-efficient transportation management solutions from … Read the full press release

CONDA ICO: Whitelisting phase started as of April 1st

On Easter Sunday, April 1st 2018, Austrian crowdfincancing platform CONDA began the whitelisting phase of its Initial Coin Offering (ICO). Moving forward, interested parties can register online, even before the official start of the crowd sale. VIENNA, 10-Apr-2018 — /EuropaWire/ … Read the full press release

University of York: SMEs in York, North Yorkshire and East Riding can apply for EU grants to help them innovate

A funding scheme managed by the University of York has awarded grants totalling more than half a million pounds – resulting in the creation of 18 jobs. YORK, 30-Mar-2018 — /EuropaWire/ — Small to medium sized businesses in York, North Yorkshire … Read the full press release

Centrica launches online-only electricity service for SMEs

Centrica ramps up competition by launching its first low cost, online-only electricity product for SMEs WINDSOR, 15-Feb-2018 — /EuropaWire/ — Centrica has launched British Gas Lite – a new electricity service that supplies smart meters and is entirely online. Centrica identified … Read the full press release

Dutch development bank FMO to support Argentina’s micro and small-to-medium sized enterprises (MSMEs)

THE HAGUE, 16-Jan-2018 — /EuropaWire/ — Banco Comafi has received a US$20 million investment from the Dutch development bank FMO to support Argentina’s new business sector in line with pro-market reforms implemented by the country’s elected government. The bank is the first Argentinian lender … Read the full press release

FMO, OFID and OeEB sign USD 67.5 million syndicated loan to Lebanon and Gulf Bank (LGB BANK) for SMEs

THE HAGUE, 02-Jan-2018 — /EuropaWire/ — The three development banks signed a USD 67.5 million loan to Lebanon and Gulf Bank (LGB BANK). In addition to the USD 32.5 million provided by FMO, OFID (the OPEC Fund for International Development) … Read the full press release

EBN: Startups and SMEs in green economy, smart cities, social inclusivity invited to apply for HORIZON 2020 SME INSTRUMENT

BRUSSELS, 18-Oct-2017 — /EuropaWire/ — SMEs and startups both in the early stage of development (Phase 1) and more mature ones (Phase 2), working in the field of green economy, smart cities, social inclusivity and others,  are invited to apply to HORIZON … Read the full press release

KfW Group: Providing junior employees with vocational training is vital to the survival of SMEs

SMEs provide training for 1.2 million apprentices and trainees – 90% of total Training intensity varies across states – Rhineland-Palatinate and Saarland are leaders Microenterprises have few trainees or apprentices Frankfurt am Main, 31-Aug-2017 — /EuropaWire/ — The number of trainees … Read the full press release

EBRD on talks with Uzbekistan government on ways of increasing its engagement in the country

Discussions with government on ways to increase EBRD engagement in the country LONDON, 15-Mar-2017 — /EuropaWire/ — An EBRD delegation, headed by President Suma Chakrabarti, will visit Uzbekistan on 15-17 March 2017. The visit will include high-level meetings with the authorities … Read the full press release

Airbus calls on SMEs, start-ups, entrepreneurs and students for the “Enter the SpaceDataHighway” challenge

Aims to foster innovation for its brand-new laser-based space communication system Winner will be awarded €75,000 investment and will get support of Airbus BizLab TOULOUSE, 17-Jan-2017 — /EuropaWire/ — Transmitting large volumes of data in near real time through space at … Read the full press release

SMEs in Germany optimistic about 2017 – KfW-ifo SME Barometer

Confidence rises among SMEs and large enterprises Domestic demand remains sound as companies hope for a recovery of export markets Upswing will enter fourth year under difficult conditions FRANKFURT AM MAIN, 29-Dec-2016 — /EuropaWire/ — Small and medium-sized enterprises in … Read the full press release

KfW SME Panel: Number of trainees at SMEs has remained relatively stable at 1.2 million

FRANKFURT AM MAIN, 30-Aug-2016 — /EuropaWire/ — Nine out of ten apprentices train in mid-sized companies SMEs are bucking the trend and keeping their trainee numbers constant at around 1.2 million Manual trades are particularly popular Refugees are reason behind first … Read the full press release

KfW-ifo SME Barometer: SMEs enter the new year with a slight deterioration in sentiment

SME sentiment declines towards the end of the year Retail dissatisfied with Christmas business Large enterprises close 2015 in highest spirits Frankfurt am Main, 29-12-2015 — /EuropaWire/ — The SMEs enter the new year with a slight deterioration in sentiment, according to … Read the full press release

Lloyds Bank Commercial Banking research: SMEs believe future success relies on their ability to recruit so-called millennials

Almost nine in ten SMEs say ‘future growth relies on millennials’ Millennials will turn down job if culture isn’t right, even if money is good Businesses are investing 15 per cent of annual turnover to recruit millennials They need mentoring … Read the full press release

Aviva research: SMEs fail to make use of expert advice when setting up their business

Only 9% consult legal advisers while 13% use IFAs One in ten not sure whether they need to enrol their staff into a workplace pension A quarter of SMEs don’t know employers’ liability insurance is legally required once they have … Read the full press release