The EIB will finance SAICA's investment in new technologies to improve two of the production lines at its factory producing paper for corrugated cardboard in El Burgo de Ebro, Zaragoza. EIB Vice-President Román Escolano and SAICA Chairman Ramón Alejandro today signed a EUR 70m loan under the Investment Plan for Europe at a ceremony in Zaragoza. The aim of this loan is to help the company to implement new sustainable production processes geared towards the circular economy.
On 18 January 2017, the European Investment Bank (EIB), the World Economic Forum and Bruegel announced their “Europe Inclusive Growth and Competitiveness Lab” initiative at the “Europe Roundtable: Fostering Inclusion and Competitiveness” in Davos.
In 2016 the European Investment Bank (EIB), the EU’s long-term lending institution, fostered projects in Finland with financing totalling EUR 2.22bn. This is an all-time record high for EIB commitment in Finland, also in terms of transactions guaranteed under the European Fund for Strategic Investments (EFSI), a central element of the Investment Plan for Europe.
C’est un projet smart et durable, pensé et porté par les habitants et financé par la BEI et Belfius. Grâce à cet investissement, la traversée de Heer-sur-Meuse sera sécurisée et une place de village conviviale et arborée sera aménagée; une véritable métamorphose pour ce village.
The EIB has teamed up with Česká spořitelna, a.s. (CSAS) to improve innovative Czech mid-size companies’ access to finance, with the aim of catalysing EUR 100m in new investment. This is the first EIB financial guarantee to support investment by mid-sized companies, both in the Czech Republic and the whole Central and South Eastern Europe region.
On Thursday 12 January 2017, EIB Vice-President Ambroise Fayolle and EIF Chief Executive Pier Luigi Gilibert presented the results of the EIB Group's activities in France. Driven by the capital increase approved in June 2012, the EIB Group considerably expanded its financial backing for the real economy and implemented a policy promoting growth and jobs. The Group therefore doubled its activities between 2012 and 2016 to EUR 9.3bn in new financing in 2016.
An agreement was signed in recent days in Rome at the Regional Cohesion Agency, an operating entity reporting to the Ministry for Regional Cohesion and Southern Italy, between the Managing Authority of the National Operational Programme for Research and Innovation (NOP R&I) and the European Investment Bank (EIB) to set up a new financial instrument: a Fund of Funds, with an initial allocation of EUR 200m, which will use loans and venture capital to invest in high technology content research projects located in southern Italian regions aimed at improving their competitiveness.
The European Investment Fund (EIF) and RCB Bank (RCB) have signed the first EFSI agreement in Cyprus, which will provide EUR 10 million to innovative small and medium-sized enterprises (SMEs). This agreement benefits from the support of the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. Following the signature, the EFSI is now active in all EU 28 Member States.
The EIB and The Nederlandse Waterschapsbank N.V. (NWB Bank) have signed a loan agreement in The Hague today for EUR 250 million. The EIB is making the funding available to NWB Bank, which will then invest EUR 500 million in improving the sustainability of social housing construction and helping water boards with their plans in the area of the circular economy.