(IN BRIEF) Nomagic, a leading developer of intelligent robotics for e-commerce and retail warehouses, has secured an €8 million loan from the European Investment Bank (EIB) to enhance its research and development (R&D) efforts. The loan, supported by the European … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Electronics & Machinery, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Retail, Technology
Tagged EIB, Marek Cygan, Nomagic, Nomagic React.AI, partnership, Poland, robotic automation solutions, Teresa Czerwinska
(IN BRIEF) EIB President Nadia Calviño hosted Ukrainian Prime Minister Denys Shmyhal at the EIB headquarters, marking a significant step in bolstering Ukraine’s energy security amidst ongoing challenges from the war. The meeting saw the signing of a Memorandum of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged Denys Shmyhal, EIB, energy security, Ihor Syrota, Nadia Calviño, partnership, sustainability, Teresa Czerwinska, UKRAINE, Ukrhydroenergo
(IN BRIEF) The European Investment Bank (EIB) has embarked on its largest-ever financing agreement for Mongolia, injecting €54.4 million into a groundbreaking initiative. This initiative aims to address the degradation of Mongolia’s grasslands by promoting sustainable urban development and supporting … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, EU bank, H.E. Axelle Nicaise, investment, Javkhlan Bold, Mongolia, Myagmarjav Ganbaatar, partnership, sustainability, sustainable development, Teresa Czerwinska, Ukhnaagin Khurelsukh
(IN BRIEF) The European Investment Bank (EIB) and the Ukrainian government join forces to advance reconstruction efforts in war-torn regions, allocating funds for critical infrastructure projects under the Ukraine Recovery Programme (URP) and the Ukraine Early Recovery Programme (UERP). With … Read the full press release
Posted in Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged conflict, EIB, EU, Katarína Mathernová, Oleksandr Kubrakov, partnership, reconstruction, sustainability, Teresa Czerwinska, Ukrainian government
(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) has signed a €49 million loan agreement with the City of Split to support its 2023-2027 multi-sector investment program aimed at revitalizing public infrastructure. This marks the EIB’s first flagship municipal operation in … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has signed a guarantee agreement with TBC Bank, supported by the European Union, to provide favorable financing terms and reduced collateral requirements for the local private sector in Georgia. This partnership will enable … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, European Union, GEORGIA, partnership, Paweł Herczyński, SME, sustainability, TBC Bank, Teresa Czerwinska, Vakhtang Butskhrikidze
(IN BRIEF) The European Investment Bank (EIB) has given its approval for a second loan tranche of PLN 1 billion to ENEA to support the modernization and renovation of the electricity distribution network in western Poland. This follows the first … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has entered into an agreement with Protix, a leading sustainable protein producer, to provide up to €37 million in financing for the construction of a new production plant in Poland. This initiative aligns … Read the full press release
(IN BRIEF) The European Investment Bank Group (EIB Group) has entered into a revolving synthetic securitisation agreement with Europejski Fundusz Leasingowy S.A. (EFL) for a PLN 2 billion portfolio of leasing receivables. EFL commits to provide PLN 2.5 billion in … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Poland, Small Business
Tagged EFL, EIB, Marjut Falkstedt, partnership, Poland, Projects, Radosław Woźniak, SMEs, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) has inked a €50 million loan agreement with the Bank of Georgia, aimed at supporting small and medium-sized enterprises (SMEs) and mid-cap companies, while also promoting sustainable economic recovery and growth. Notably, a … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Archil Gachechiladze, Bank of Georgia, European Investment Bank, European Union, green investments, MSMEs, partnership, Paweł Herczyński, SME, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) has allocated €3 million to the Ukrainian government as part of the EIB Ukraine Solidarity Urgent Response package. The funds will be used to implement energy-saving renovations in 18 public healthcare and educational … Read the full press release
Posted in Banks, Business, Construction, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged energy efficiency, EU, Kamianske, Lutsk, Oleksandr Kubrakov, partnership, Public Buildings EIB, sustainability, Teresa Czerwinska, UKRAINE, Zaporizhzhia
(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
(IN BRIEF) The European Investment Bank (EIB) is providing a loan of PLN 1.5 billion to Jerónimo Martins Polska, the owner of the Biedronka retail store chain in Poland, to facilitate energy efficiency investments within its store network. This financial … Read the full press release
(IN BRIEF) The European Investment Bank’s (EIB) specialized development finance arm, EIB Global, has entered into a €41.2 million loan agreement with the government of Moldova for the revitalization of the country’s railway infrastructure. Complementing this funding is a €12 … Read the full press release
Posted in Banks, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Moldova, News, Transportation & Logistics
Tagged EIB, EIB Global, Jānis Mažeiks, MOLDOVA, partnership, Petru Rotaru, rail infrastructure, Rehabilitate, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) has disbursed €133 million to Ukraine for the Hydro Power Plants Rehabilitation Project, carried out by Ukrhydroenergo, the country’s largest hydropower generating company. This funding aims to support the restoration and repair of … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Luxembourg, Management, News, Ukraine
Tagged European Investment Bank, Hydro Power Plants, Ihor Syrota, partnership, sustainability, Teresa Czerwinska, UKRAINE, Valdis Dombrovskis
(IN BRIEF) The European Investment Bank (EIB), managing the EU for Ukraine Fund, held its initial Contributors’ Committee meeting and approved its first project financing of €25 million for Ukraine’s equity growth fund, Horizon Capital Growth Fund IV (HCGF IV), … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Technology
Tagged EIB, EU for Ukraine Fund, HCGF IV, Horizon Capital, Lenna Koszarny, partnership, SMEs, sustainability, Teresa Czerwinska, UKRAINE, Ukrainian Tech
(IN BRIEF) The European Investment Bank (EIB) and Hrvatska banka za obnovu i razvitak (HBOR) have signed an agreement to allocate €500 million to support Croatian small and medium-sized enterprises (SMEs), mid-cap companies, and public-sector entities. The initial tranche of … Read the full press release
Posted in Banks, Business, Croatia, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged CROATIA, EIB, Green Projects, HBOR, Hrvoje Čuvalo, partnership, SMEs, sustainability, Teresa Czerwinska
(IN BRIEF) The European Investment Bank (EIB) Group has introduced the EU4Business Guarantee Facility, in collaboration with the European Investment Fund, aimed at supporting small and medium-sized businesses (SMEs) in Eastern Partnership countries, including Armenia. This initiative provides partial portfolio … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) President Werner Hoyer and Vice-President Teresa Czerwińska visited Kyiv to reaffirm the EIB’s commitment to Ukraine. During the visit, they inaugurated the EIB Regional Hub for Eastern Europe in Kyiv, strengthening support for … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Ukraine
Tagged Denys Shmyhal, EIB, Katarína Mathernová, Kyiv, recovery, Regional Hub, Teresa Czerwinska, UKRAINE, Volodymyr Zelenskyy, Werner Hoyer
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