(IN BRIEF) The European Investment Bank (EIB) has granted an additional €264 million to the ongoing redevelopment of Stockholm’s Slussen area, which aims to modernize infrastructure and enhance sustainability. This funding builds on an earlier €382 million loan and will … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden, Technology
Tagged EIB, modernization, partnership, Slussen Revamp, Sofie Nilvall, Stockholm, sustainability, Thomas Östros, urban development
(IN BRIEF) The European Investment Bank (EIB) will announce new financial support for Ukraine and innovative funding solutions for climate-affected nations at the 2024 International Monetary Fund and World Bank Annual Meetings. Led by President Nadia Calviño, the EIB delegation … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Ukraine
Tagged Ambroise Fayolle, Andrew McDowell, Climate-Affected Nations, EIB, financial support, International Monetary Fund, Multilateral Development Banks, Nadia Calviño, partnership, sustainability, Thomas Östros, UKRAINE, World Bank Meetings
(IN BRIEF) The European Investment Bank (EIB Global) and KCB Bank Kenya have formed a €230 million (KShs. 32 billion) partnership to support small and medium enterprises (SMEs), with a focus on women and youth-led businesses in Kenya. The investment, … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, Empower Women and Youth, Henriette Geiger, investment, KCB Bank Kenya, Kenya, partnership, Paul Russo, SMEs, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB Global) has committed €2 million to support Akagera Medicines Africa Limited in Rwanda, facilitating the early-stage development of vaccines for infectious diseases, including tuberculosis, HIV, Ebola, and Lassa fever. This funding aims to … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, News, Pharma & Biotech, Science, Technology
Tagged Akagera Medicines, Belen Calvo Uyarra, Ebola, EIB Global, HIV, investment, Lassa fever, Michael Fairbanks, partnership, Regis Rugemanshuro, Rwanda, sustainability, Thomas Östros, tuberculosis, vaccine, wellness
(IN BRIEF) The ACP Trust Fund has secured over €74 million in pledges from seven EU member states, including Denmark, Finland, Germany, Luxembourg, Portugal, Spain, and Sweden, to support economic growth in African, Caribbean, and Pacific (ACP) countries. This funding … Read the full press release
Posted in Banks, Business, Denmark, Economy, Environment, European Union, Financial, Finland, Germany, Government, Industrial, Investment, Luxembourg, Management, News, Portugal, Spain, Sweden
Tagged African Caribbean and Pacific (ACP) Nations, Benjamin Dousa, Denmark, Dirk Meyer, economic, EIB, Finland, funding, Germany, Gilles Roth, Joaquim Miranda Sarmento, José Manuel Albares, Juha Savolainen, Jutta Urpilainen, Lars Løkke Rasmussen, Luxembourg, partnership, PORTUGAL, Spain, sustainability, Sweden, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) is partnering with the Latvian government and the Latvian State Real Estate Company (SRE) to promote the development of affordable rental housing in Latvia. This initiative will be supported by the EIB’s Advisory … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Luxembourg, Management, News, Real Estate
Tagged affordable housing, Arvils Aseradens, EIB, Latvia, partnership, sustainability, Thomas Östros
(IN BRIEF) At the 79th United Nations General Assembly, European Investment Bank (EIB) President Nadia Calviño will announce new initiatives focused on global health and climate finance. The EIB, in collaboration with partners like the Gates Foundation and WHO, will … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Luxembourg, Management, Media, News
Tagged 79th United Nations General Assembly (UNGA), Ambroise Fayolle, Climate Initiatives, Dr. Tedros Ghebreyesus, European Investment Bank, Gabriel Boric, Gates Foundation, global health, Healthcare, Marina Silva, Mia Amor Mottley, Multilateral Development Banks (MDBs), Nadia Calviño, New York, partnership, sustainability, Thomas Östros, UN General Assembly, WHO
(IN BRIEF) Kaunas, Lithuania’s second-largest city, will modernize its district heating system using a €35 million loan from the European Investment Bank (EIB), supported by the European Commission’s InvestEU program. The project, led by utility company Kauno Energija, will upgrade … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Technology
Tagged EIB, heating system, Kaunas, Kauno Energija, Lithuania, partnership, renewable energy, sustainability, Thomas Östros, Tomas Garasimavičius
(IN BRIEF) The European Investment Bank (EIB) has provided €20.1 million to WEB Windenergie AG (W.E.B) for the construction of a new wind farm in Spannberg, Lower Austria. The project’s first phase will build four wind turbines, with plans to … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged (WEB) Windenergie AG, Austria, clean energy, EIB, partnership, sustainabilty, Thomas Östros, wind farm
(IN BRIEF) The European Investment Bank (EIB) is extending a €435 million credit to Stora Enso to upgrade its Oulu manufacturing site for producing eco-friendly, fiber-based packaging for food and personal care products. This investment aims to reduce plastic reliance … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged EIB, Finland, Kaarlo Höysniemi, Oulu, Packaging Transformation, partnership, Stora Enso, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) has allocated a €300 million loan to voestalpine AG, Europe’s third-largest steelmaker, to support a four-year research and development initiative aimed at enhancing sustainability and reducing carbon emissions. Key focuses include optimizing manufacturing … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged Austria, EIB, Gerald Mayer, green steel, partnership, sustainability, Thomas Östros, voestalpine
(IN BRIEF) In a significant move to bolster Icelandic small entrepreneurship beyond the capital region, the European Investment Fund (EIF) has inked a guarantee agreement with the Icelandic regional development agency, Byggðastofnun, under the European Commission’s InvestEU initiative. This agreement … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Iceland, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Arnar Már Elíasson, Byggðastofnun, EIB, EIF, EU, Iceland, InvestEU programme, Lucie Samcová - Hall Allen, partnership, SMEs, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB Global) has committed €25 million to Amethis Fund III, signaling a strategic move to bolster medium-sized companies across Africa. Amethis Fund III targets sectors crucial for the continent’s growth, including healthcare, logistics, manufacturing, … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Africa, Amethis Fund III, EIB, Laurent Demey, Luc Rigouzzo, partnership, SMEs, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) has inked a €150 million loan deal with Helen Ltd, a prominent Finnish energy company owned by the City of Helsinki. This funding aims to bolster two new renewable-energy initiatives in the district … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, Helen Ltd, Helsinki, investment, partnership, renewable energy, sustainability, Thomas Östros, Timo Rajala
(IN BRIEF) A financing agreement between the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link signals a significant step forward for Lithuania’s rail sector. The agreement, totaling EUR 200 million, will facilitate the purchase of nine … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Egidijus Lazauskas, EIB, Electric and Battery Trains, investment, Jeanette Vitasp, Lithuania, LTG Link, Marius Skuodis, NIB, rail electrification, Thomas Östros
(IN BRIEF) In a landmark move towards sustainable transportation, the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link have sealed a financing deal to procure electric and battery-powered trains. With loans totaling €200 million, nine electric … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Transportation & Logistics
Tagged Egidijus Lazauskas, EIB, Electric Train, Jeanette Vitasp, Lithuania, LTG Link, Marius Skuodis, NIB, partnership, Rail Revolution, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) Group, led by President Nadia Calviño, is set to participate in the 2024 Spring Meetings of the International Monetary Fund and the World Bank Group in Washington DC. The delegation, including Vice-Presidents Ambroise … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News
Tagged Ambroise Fayolle, Delegation, EIB, John Lipsky, Jutta Urpilainen, Melinda French Gates, Multilateral Development Meetings, Nadia Calviño, Odile Renaud-Basso, Oleksander Kubrakov, partnership, sustainability, Thomas Östros, Washington DC
(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have collaborated with Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) to facilitate SME lending in Austria through a pioneering synthetic securitisation transaction. This landmark transaction, the … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Security & Safety, Small Business
Tagged Austria, EIB, EIF, Erste Bank, Hans Unterdorfer, Marjut Falkstedt, partnership, SME, sustainability, synthetic securitisation, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have joined forces to provide Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) with a €49 million guarantee for a synthetic securitisation transaction, marking Austria’s first such … Read the full press release
Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Austria, EIB Group, EIF, Erste Bank, Hans Unterdorfer, Marjut Falkstedt, partnership, SME, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) is backing Skellefteå Kommun in Sweden with a SEK 800 million loan (€70 million) to facilitate the construction of 743 new, energy-efficient social housing units. These homes, vital amidst the green industrialization, especially … Read the full press release
Posted in Banks, Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Sweden
Tagged EIB, Green Industrialization, Lorents Burman, partnership, Skellefteå, social housing, sustainability, Sweden, Thomas Östros
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