(IN BRIEF) The European Investment Bank has signed a loan agreement of 1.7 billion Polish zlotys (€405 million) with Orlen, which will finance major upgrades to Poland’s electricity network through its subsidiary, Energa Operator. This installment is the final tranche … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Poland
Tagged 000 kilometers, 1&1, 10, 2, 2035, 3.5-billion-zloty loan, 300 kilometers, 600 kilometers, central Poland, EIB, electricity grid, Energa Operator, energy security, energy storage, European Investment Bank, final tranche, green transition, Magdalena Bartoś, metering systems, national grid, new customers, northern Poland, ORLEN, Polish zlotys, power network, renewable energy, REPowerEU, sustainable growth, Teresa Czerwinska, underground cables, £4, €405 million
(IN BRIEF) Bayer has opened a new maize seed facility in Kabwe, Zambia, with a 32-million-euro investment that triples its current production capacity. The facility, part of Bayer’s growth strategy in Africa, is expected to provide high-yielding maize seeds to … Read the full press release
Posted in Agriculture, Business, Germany, Healthcare
Tagged 10 million, 30 million people, 32-million-euro investment, 6.4 million, agronomic training, Bayer, Bill Anderson, community development, Crop Science Division, food security, Hakainde Hichilema, health center, high-yielding seeds, job creation, Kabwe, maize seed facility, smallholder farmers, sub-Saharan Africa, sustainable growth, water infrastructure, Zambia
(IN BRIEF) In 2024, the European Investment Bank (EIB) Group achieved a record €1.24 billion in new financing in Croatia, up from €464 million in 2023. This financing, accounting for 1.4% of Croatia’s GDP, includes €937 million from the EIB … Read the full press release
Posted in Banks, Business, Croatia, European Union, Financial, Infrastructure & Utilities, Investment
Tagged Climate Action, competitive, Croatian financing, Croatian GDP, Croatian government, Croatian Growth Investment Programme II, Croatian Venture Capital Initiative 2, CROGIP II, CVCi 2, EIB Group, EIF, environmental sustainability, EU grants, European Investment Bank, European Investment Fund, HBOR, INNOVATION, Kiepach Go Green, Mid-Caps, rail infrastructure, renewable energy, resilient Croatia, SMEs, social housing, sustainable growth, Teresa Czerwinska, urban mobility, Vesna Deep Tech Venture Fund, Zagreb
(IN BRIEF) Boliden has inaugurated its new zinc smelter, which is acclaimed as the world’s most climate-efficient facility in its sector. This innovative plant employs advanced technologies and novel process improvements that markedly lower both greenhouse gas emissions and energy … Read the full press release
Posted in Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Sweden, Technology
Tagged Boliden, climate efficiency, energy efficiency, environmental stewardship, green industrial practices, greenhouse gas reduction, innovative technology, investor confidence, metal production, resource recovery, sustainability, sustainable growth, sustainable production, waste management, zinc smelter
(IN BRIEF) Telefónica has bolstered its leadership team with the appointments of Alvaro Echevarría and Piedad Álvarez de Arriba. These new executive roles are aimed at reinforcing the company’s strategic direction and accelerating its digital transformation initiatives. Echevarría, known for … Read the full press release
(IN BRIEF) Martin Pibworth, Chief Commercial Officer at SSE, has been appointed Chair of CBI Scotland, succeeding Jennifer Young. With extensive experience in sustainability and the net zero sector, Pibworth will focus on promoting long-term growth and addressing key issues … Read the full press release
Posted in Artificial Intelligence (AI), Business, Environment, Financial, Industrial, Investment, Management, News, Retail, Technology, United Kingdom
Tagged AI, appointment, business investment, CBI Scotland, CBI Scotland Council, Chair, Chief Commercial Officer, collaboration, cost of doing business, data, energy sector, Green Growth, green sectors, INNOVATION, Jennifer Young, leadership, Martin Pibworth, Michelle Ferguson, net zero, Offshore wind, Scottish Government, skills shortages, SSE, sustainability, sustainable growth, UK Government
(IN BRIEF) A new report by Loughborough’s Centre for Research in Social Policy (CRSP) shows that 35.9% of the UK population, equating to 24 million people, now live below the Minimum Income Standard (MIS). This marks a significant rise from … Read the full press release
Posted in Business, Economy, Education, Financial, Government, Industrial, Investment, Law, Management, News, United Kingdom
Tagged affordable homes, affordable housing, Child poverty, child poverty strategy, CRSP, economic inequality, employment bill, financial hardship, government intervention, housing costs, income threshold, Joseph Rowntree Foundation, Labour Government, living standards, Loughborough, Minimum Income Standard, policy action, private renters, social housing, Social Policy, sustainable growth, UK economy, Universal Credit, wages, working-age households
(IN BRIEF) Garanti BBVA’s CEO, Mahmut Akten, shared the bank’s strategic priorities and 2025 goals during a meeting with Turkish media, discussing the global and local economic landscape. Despite global uncertainties, Akten expressed confidence in Türkiye’s economic program and the … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Media, News, Spain, Technology, Turkey
Tagged artificial intelligence, banking sector, BBVA Group, customer experience, digital innovation, economic rebalancing, financial performance, Garanti BBVA, green finance, Mahmut Akten, sustainability, sustainable growth, Türkiye economy
(IN BRIEF) The European Investment Bank (EIB) has committed €15 million to the I&P Afrique Entrepreneurs 3 (IPAE 3) fund, aimed at supporting small and medium-sized enterprises (SMEs) across Africa. The initiative, which focuses on key sectors like agriculture, health, … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged ACP Trust Fund, Africa, economic growth, EIB, EU, European Investment Bank, financing, gender inclusion, Global Gateway, I&P Afrique Entrepreneurs 3, investment, IP, IPAE 3, job creation, Madagascar, partnership, small and medium-sized enterprises, SMEs, sustainability, sustainable development, sustainable growth, Team Europe, West Africa, Women Entrepreneurship
(IN BRIEF) Rabobank posted strong financial results for 2024, achieving a net profit of EUR 5,163 million, up from EUR 4,377 million the previous year. The bank’s growth was driven by increased volumes across its commercial segments and its strong … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Netherlands, News, Technology
Tagged 2.3 million members, CET 1 ratio, customer focus, FEC, financial performance, financial results, Food & Agri, global challenges, loan impairment charges, loan portfolio, local initiatives, market leadership, mortgages, net interest income, Net profit, non-performing loans, Operating Expenses, private sector lending, Rabo ClubSupport, Rabo TijdslotSparen, Rabobank, Return on equity, savings, Stefaan Decraene, sustainability, sustainable growth
(IN BRIEF) The EIB has extended a €42.8 million loan to Ústí nad Labem for crucial infrastructure upgrades, including energy, transport, and social services. This is part of the EU’s larger goal of promoting sustainable urban development. The loan is … Read the full press release
Posted in Banks, Business, Czech Republic, Environment, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged clean energy, Climate Action, climate-neutral economy, Czechia, EIB, EIB loan, ELENA program, ENERGY, energy efficiency, EU, EU funding, EU grants, European Commission, greenhouse gas emissions, infrastructure upgrades, Just Transition Mechanism, Kyriacos Kakouris, loan, Mayor Petr Nedvědický, mobility, partnership, public housing, renewable energy, social services, sustainability, sustainable growth, sustainable urban development, transport renovations, urban renewal, Ústí nad Labem, water management, zoo upgrades
(IN BRIEF) Knorr-Bremse AG has announced that Marc Llistosella’s contract as CEO will be renewed for five additional years, extending his tenure until December 2030. This early renewal follows Llistosella’s successful leadership and the progress made under the BOOST 2026 … Read the full press release
Posted in Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology, Transportation & Logistics
Tagged appointment, BOOST 2026 strategy, braking systems, CEO, commercial vehicle systems, early contract renewal, Employee Representatives, global market leader, Knorr-Bremse AG, leadership, Marc Llistosella, operational strength, profitability, rail systems, Reinhard Ploss, strategic transformation, Supervisory Board, sustainable growth
(IN BRIEF) The European Investment Bank (EIB) has signed agreements with Albania to advance the country’s green transition and EU integration. This includes implementing the Greening Financial Systems programme, which will help Albania incorporate climate risks into its financial framework … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged Albania, Albania EU accession, climate finance, EIB, EIB Global, EU Growth Plan, EU integration, European Investment Bank, financial systems, green taxonomy, green transition, Greening Financial Systems programme, InvestEU, partnership, sustainability, sustainable development, sustainable growth, Team Europe, transport projects
(IN BRIEF) The EBRD has provided a €25 million loan to BNP Paribas Finansal Kiralama in Türkiye to support gender-responsive green investments. This loan, part of the Türkiye Green Economy Financing Facility II, aims to fund projects in energy efficiency, … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Turkey, United Kingdom
Tagged 2053, BNP Paribas Finansal Kiralama, BNP Paribas Leasing Solutions, climate finance, climate resilience, EBRD, EBRD .Investment, energy efficiency, equipment finance, gender component, gender-responsive, Green Economy Financing Facility II, Green Technologies, leasing companies, net-zero emissions, Oksana Yavorskaya, partnership, private sector, renewable energy, Sibel Alyar, small and medium-sized enterprises, sustainability, sustainable growth, trade finance, Türkiye, WOMEN
(IN BRIEF) ProCredit Group, predominantly active in South Eastern and Eastern Europe, unveils a robust financial performance for the year 2023, reporting a net profit of EUR 113.4 million with a return on equity (RoE) of 12.2%. Operating income surged … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged Financial, Hubert Spechtenhauser, investment, ProCredit Group, sustainability, sustainable growth
(IN BRIEF) ProCredit Group, with a focus on South Eastern and Eastern Europe, unveils its Impact Report for the 2023 financial year, showcasing its robust commitment to sustainability. The report highlights achievements such as the inauguration of the “ProEnergy” solar … Read the full press release
(IN BRIEF) Saint-Gobain Construction Chemicals is ramping up efforts to advance low-carbon cement and concrete technologies, aiming to foster growth and sustainability in the construction sector. Key partnerships with startups like Fortera and established players like Ecocem demonstrate the company’s … Read the full press release
(IN BRIEF) Wienerberger, an Austrian building materials company, reports robust full-year results for 2023, with total revenues reaching €4.2 billion and operating EBITDA hitting €811 million, driven by increased infrastructure and renovation activities. Despite challenges like inflation and rising interest … Read the full press release
(IN BRIEF) The EIB Group announces a robust year of activity in Croatia for 2023, committing €464 million in financing to support economic and social cohesion, green transition, and digital transformation. This brings the total investment in Croatia over the … Read the full press release
Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged CROATIA, EIB, EIF, green investments, partnership, sustainability, sustainable growth, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) and Pekao Leasing, a subsidiary of Bank Pekao S.A., have formalized an agreement worth €68 million, reinforcing their long-standing partnership. This loan from the EIB will empower Pekao Leasing to offer new financing … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland
Tagged EIB, Krzysztof Zgorzelski, Leszek Skiba, partnership, Pekao Leasing, Poland, SMEs, sustainability, sustainable growth, Teresa Czerwinska
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