(IN BRIEF) Sanofi has completed the sale of a 50.0% controlling stake in its consumer healthcare division, Opella, to CD&R, creating a global leader in consumer healthcare. Sanofi retains a significant 48.2% stake, while Bpifrance will hold 1.8% and join … Read the full press release
Posted in Business, Financial, France, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Science, Technology
Tagged Allegra, biopharma, Bpifrance, CD&R expertise, CDR, consumer health, Consumer HealthCare, Doliprane, Dulcolax, Eric Rouzier, global leader, Healthcare Innovation, healthcare transformation, Julie Van Ongevalle, Opella, OTC, partnership, Paul Hudson, Sanofi, sustainable growth, VMS
(IN BRIEF) The EBRD has secured the necessary shareholder approval to amend its statutes and expand operations into select sub-Saharan African countries and Iraq. This move, set to take effect in three months, follows the approval of the amendment by … Read the full press release
Posted in Banks, Business, Financial, Industrial, Infrastructure & Utilities
Tagged 2025 EBRD Annual Meeting, Article 1 amendment, Benin, Board of Governors, Canary Wharf, Cote d’Ivoire, EBRD, emerging markets, financial inclusion, GHANA, international development, Iraq, Kenya, London 2025, Nigeria, Odile Renaud-Basso, private sector, Senegal, Strategic and Capital Framework, sub-Saharan Africa, sustainable growth
(IN BRIEF) Equinor has established a new Power business area by integrating its renewable energy assets with flexible power solutions from its MMP division. This strategic initiative is aimed at addressing the growing global demand for electricity fueled by increased … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Anders Opedal, appointment, artificial intelligence, competitive, data centers, electrification, energy storage, energy transition, Equinor, Executive Vice President, flexible power, gas to power, global demand, Helge Haugane, INNOVATION, leadership, low-carbon energy, Marketing Midstream and Processing, MMP, Net Zero Teesside, Offshore wind, onshore wind, Poland, Power business area, PWR, renewables, Solar, Strategic Realignment, sustainability, sustainable growth, Triton Power, UK, US, value creation
(IN BRIEF) The LEGO Group officially opened its new LEGO Manufacturing Vietnam facility in Binh Duong province, marking its sixth global site and second plant in Asia. The ceremony, which included notable figures such as Vietnam’s Deputy Prime Minister Mai … Read the full press release
Posted in Business, Denmark, Education, Entertainment, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged battery storage, Binh Duong province, Carsten Rasmussen, Community Engagement, Deputy Prime Minister Mai Văn Chính, Dong Nai province, energy centre, environmentally sustainable, former President Nguyen Minh Triet, Future Factory Workplace, LEED Gold, LEED Platinum, LEGO Group, LEGO Manufacturing Vietnam, Niels B. Christiansen, paper-based pre-pack bags, partnership, precision manufacturing, regional distribution centre, renewable energy, sustainability, sustainable growth, training programs, Vietnam, VSIP
(IN BRIEF) SUEZ has partnered with Sonadezi, a state-owned enterprise managing 11 industrial parks in Vietnam, to provide integrated environmental solutions at the largest industrial park in South Vietnam. This joint venture is SUEZ’s first in Vietnam’s industrial park sector … Read the full press release
Posted in Business, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Chau Duc Industrial Park, circular solutions, eco-industrial parks, Francois Fevrier, Ho Chi Minh City, industrial clients, industrial park, integrated environmental solutions, joint venture, partnership, resilient, Sonadezi, South Vietnam, stringent environmental regulations, SUEZ, SUEZ Asia, sustainability, sustainable growth, technological innovation, Vietnam, waste management, wastewater treatment, water management
(IN BRIEF) CECONOMY AG, the parent of MediaMarktSaturn, has secured a new €900 million ESG-linked revolving credit facility, replacing earlier unused credit lines that acted solely as a liquidity reserve. This three-year facility, extendable by two additional years, ties its … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Retail, Technology
Tagged CECONOMY AG, CFO, corporate bond, Dr. Kai-Ulrich Deissner, ESG-linked, extension options, Financial Flexibility, financial policy, Greenhouse Gas Intensity, July 2024, liquidity reserve, long-term financing, MediaMarktSaturn, refurbished products, revolving credit facility, scope 3.11, sustainability, sustainable growth, syndicated loan, three-year term, women in management, €500 million, €900 million
(IN BRIEF) The OECD Corporate Governance Committee, with Carlos San Basilio, CNMV Chairman, newly appointed to its Bureau, is dedicated to improving economic efficiency, sustainability, and financial stability through enhanced corporate governance policies and practices. It coordinates the Organisation’s efforts … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Spain, Technology
Tagged appointment, ASIA, Carlos San Basilio, CNMV, corporate governance, economic efficiency, finance, Financial Stability, Financial Stability Board, FSB, G20/OECD Principles, IMF, International Monetary Fund, Latin America, leadership, Middle East, North Africa, OECD Corporate Governance Committee, OECD members, Regional Roundtables, sustainable growth, World Bank
(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
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