Tag Archives: SMEs

EIF Signs First PaaS Guarantee Agreement with Swedish Financing Platform Lisa&

(IN BRIEF) The European Investment Fund (EIF) and Swedish financing platform Lisa& have signed a guarantee agreement to offer over SEK 278 million (€24.8 million) for Swedish companies with a circular business model. The deal will be supported by the … Read the full press release

Hungary’s Home Renovation Programme gets a boost from EIB green loan

(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) invested €804 million in Hungary last year, supporting priority investments in energy, transport, innovation, small and medium-sized enterprises (SMEs), and mid-caps. Three-quarters of the total financing signed … Read the full press release

EBRD Provides €10 Million Factoring Facility to Tam Finans for SMEs in Türkiye

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided Tam Finans Factoring A.S., a factoring company in Türkiye, with a €10 million factoring facility under its Trade Facilitation Programme (TFP). The facility aims to support small and … Read the full press release

Swedfund invests $30 million in Mirova Gigaton Fund to accelerate clean energy transition in emerging markets

(IN BRIEF) Swedfund, a Swedish development finance institution, invested USD 30 million in the Mirova Gigaton Fund on March 1. The Mirova Gigaton Fund, launched by Mirova, a Natixis affiliate, aims to provide debt financing to clean energy projects in … Read the full press release

Swedfund to invest $5m in Somali SMEs through NHAO fund

(IN BRIEF) Swedish development finance institution Swedfund has committed $5m to the Nordic Horn of Africa Opportunities Fund (NHAO), which invests in small and medium-sized Somali firms. The fund aims to provide financing for companies with around or less than … Read the full press release

EIF and Denmark’s Export and Investment Fund Guarantee €30.9m in New Loans for Danish Businesses

(IN BRIEF) The European Investment Fund (EIF) and Denmark’s Export and Investment Fund have signed an agreement to provide a sustainability guarantee for new loans to support Danish businesses. The guarantee, backed by the InvestEU program, will enable the Danish … Read the full press release

Merkur Andelskasse proposera un financement abordable pour des initiatives durables au Danemark avec la garantie du FEI

(ACTUALITÉ EN BREF) Merkur Andelskasse, l’une des principales institutions financières du Danemark, a signé un accord de garantie avec le Fonds européen d’investissement (FEI) dans le cadre du programme InvestEU. Cet accord permettra à Merkur d’offrir une gamme de solutions … Read the full press release

Merkur Andelskasse to offer affordable financing for sustainable initiatives in Denmark with EIF guarantee

(IN BRIEF) Merkur Andelskasse, one of the leading financial institutions in Denmark, has signed a guarantee agreement with the European Investment Fund (EIF) under the InvestEU programme. This agreement will allow Merkur to offer a range of lending solutions to … Read the full press release

Austrian tourism industry receives boost with €150 million loan for sustainable projects

(IN BRIEF) The European Investment Bank (EIB) has granted a €150 million loan to Österreichische Hotel- und Tourismusbank (ÖHT) to support small and medium-sized enterprises (SMEs) in the leisure and tourism industry in Austria. The loan is designed to enable … Read the full press release

The European Bank for Reconstruction and Development (EBRD) and cybersecurity service provider ISSP partner over cybersecurity training of SMEs in Moldova

(PRESS RELEASE) LONDON, 16-Dec-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced a new partnership with ISSP, a Ukraine-founded global cybersecurity service provider, aimed at providing training on digital and … Read the full press release

The European Bank for Reconstruction and Development (EBRD) to provide EUR 60 million loan to ProCredit Bank in Bulgaria in support of SMEs impacted by the war on Ukraine

(PRESS RELEASE) LONDON, 13-Dec-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced a 60 million loan to ProCredit Bank in Bulgaria in support of SMEs in the country impacted by … Read the full press release

The European Bank for Reconstruction and Development (EBRD) to provide EUR 15 million loan to OTP Bank in Moldova in support of local micro, small and medium-sized enterprises in the country

EBRD lends €15 million to OTP Bank Moldova Financing is for investment support to micro, small and medium-sized enterprises Project is supported by EU with incentive grants under the EU4Business Initiative (PRESS RELEASE) LONDON, 13-Dec-2022 — /EuropaWire/ — The European … Read the full press release

La Banque européenne pour la reconstruction et le développement (BERD) accordera un prêt de 15 millions d’EUR à OTP Bank en Moldavie pour soutenir les micro, petites et moyennes entreprises locales du pays

La BERD prête 15 millions d’euros à OTP Bank Moldova Le financement est destiné au soutien à l’investissement des micro, petites et moyennes entreprises Le projet est soutenu par l’UE avec des subventions incitatives dans le cadre de l’initiative EU4Business … Read the full press release

Czech Republic joins EBRD Research Coverage Programme, the bank’s equity research programme for SMEs

EBRD extends equity research programme to the Czech Republic Programme supported by TaiwanBusiness – EBRD Technical Cooperation Fund Listed-sme.com now covers 21 mid-sized companies in 10 countries (PRESS RELEASE) LONDON, 24-May-2022 — /EuropaWire/ — The European Bank for Reconstruction and … Read the full press release

Die Tschechische Republik tritt dem Research Coverage Programme der EBWE bei, dem Equity-Research-Programm der Bank für KMU

Die EBWE weitet das Aktienrechercheprogramm auf die Tschechische Republik aus Programm unterstützt von TaiwanBusiness – EBWE-Fonds für technische Zusammenarbeit Listed-sme.com deckt nun 21 mittelständische Unternehmen in 10 Ländern ab (PRESSEMITTEILUNG) LONDON, 24-May-2022 — /EuropaWire/ — Die Europäische Bank für Wiederaufbau … Read the full press release

EBRD to open a new EUR 20 million credit line to ProCredit Bank Kosovo in support of SMEs in the country

New EBRD credit line of €20 million to ProCredit Bank Kosovo New finance for SME investments in sustainable, green technologies Bank to extend an additional €5 million under its Trade Facilitation Programme (PRESS RELEASE) LONDON, 14-Apr-2022 — /EuropaWire/ — The European … Read the full press release

One of Greece’s leading manufacturers of bedroom furniture to expand its export markets with the help of EBRD and EU

(PRESS RELEASE) LONDON, 4-Apr-2022 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), a multilateral developmental investment bank, has announced its support, together with the EU, for one of Greece’s leading manufacturers of bedroom furniture to expand its … Read the full press release

UniCredit to free up capital from securitised €2 billion portfolio in support of Italian SMEs and Mid-caps guaranteed by the European Investment Bank and the European Investment Fund

EIB Group (EIB & EIF) guarantee to UniCredit to mobilise approximately €2 billion in support of Italian SMEs and Mid-caps. The operation is supported by a guarantee from the European Fund for Strategic Investments (EFSI) — the main pillar of … Read the full press release

Dr Ashleigh Filtness of Loughborough University will be part of the Foundation of Science and Technology Future Leaders 2022

(PRESS RELEASE) LOUGHBOROUGH, 16-Dec-2021 — /EuropaWire/ — Loughborough University, a public research university and a UK top 10 University, has announced that Dr Ashleigh Filtness, a Senior Lecturer in Human Factors and Transport Safety, has been selected to be a … Read the full press release

Lloyds Bank Business: many SMEs across UK forced to urgently seek new borrowing due to the pandemic

Vast majority of UK business content with current levels of debt Profit squeeze seen as biggest barrier to future growth Third of businesses would not contact their bank if worried about finances (PRESS RELEASE) LONDON, 25-Oct-2021 — /EuropaWire/ — Lloyds … Read the full press release

Rabobank’s TreasurUp becomes an independent company and closes series A funding round

TreasurUp completes series A funding round led by OFX and Rabobank Australian cross border payments specialist OFX, Rabobank, TreasurUp management and engineering partner COERA invest in spin-off structure TreasurUp aims to become the leader in online treasury solutions for banks … Read the full press release

The European Investment Bank (EIB) to loan EUR 7.5 million to customized packaging startup Packhelp

(PRESS RELEASE) LUXEMBOURG, 5-Feb-2021 — /EuropaWire/ — The European Investment Bank (EIB), the lending arm of the European Union, has announced it will support the Polish start-up specialized in customized packaging with EUR 7.5 million loan. Packhelp’s online marketplace addresses … Read the full press release

Startups Immersive Storylab, Envisage Space, IoT Horizon, Alphabiolabs and LR Consultancy move to STFC’s Daresbury Laboratory

(PRESS RELEASE) SWINDON, 22-Sep-2020 — /EuropaWire/ — The Science and Technology Facilities Council (STFC), a United Kingdom government body and part of UK Research and Innovation, has announced that five promising startups have chosen to relocate their businesses at Daresbury … Read the full press release

Microsoft Azure now available at Swisscom cloud portfolio for SMEs

(PRESS RELEASE) BERN, 31-Aug-2020 — /EuropaWire/ — Swisscom (SWX: SCMN), a major telecommunications provider in Switzerland majority owned by the Swiss Government, has announced it has added Microsoft Azure to its cloud portfolio for SMEs. The addition will be particularly … Read the full press release

Intesa Sanpaolo to support SMEs in Enel’s supply chain in their sustainable development

The agreement aims to support small and medium-sized enterprises that are part of the Enel supply chain in their growth and sustainable development Companies that join Enel’s Supplier Development Program will have quick access to a wide range of loans, … Read the full press release

SMEs delivered 80% of the supplies and services for the new bridge in Genoa

(PRESS RELEASE) MILAN, 9-Jul-2020 — /EuropaWire/ — Leading construction group, with focus on large and complex projects, Webuild, formerly Salini Impregilo, has announced that almost 330 small and medium sized companies from across Italy provided more than €160 million in … Read the full press release

Environmental projects and SMEs in Denmark to benefit from new NIB and Ringkjøbing Landbobank cooperation

(PRESS RELEASE) HELSINKI, 6-Jul-2020 — /EuropaWire/ — International financial institution NIB announces signing of a ten-year loan agreement with Danish Ringkjøbing Landbobank (RLB) for onlending to environmental projects and to small and medium-sized enterprises in Denmark. A substantial part of … Read the full press release

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 

(PRESS RELEASE) 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 … Read the full press release

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

(PRESS RELEASE) 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 … Read the full press release

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

(PRESS RELEASE) 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 … Read the full press release

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

(PRESS RELEASE) 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 … 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

(PRESS RELEASE) 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 … 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