The President of the European Investment Bank (EIB), Werner Hoyer, signed The Valuable 500 Commitment, making the EIB the first Multilateral Development Bank member of the world’s biggest community for disability business inclusion.
The Société Régionale d’Investissement de Wallonie (SRIW), the European Investment Bank (EIB) and Sofiprotéol, an Avril Group financing company, are jointly investing €10 million in a COSUCRA bond issue. COSUCRA will use this financing to strengthen its production capacity, helping to cement a leading position in its European markets.
The operation was formalised during an event at the COSUCRA site in Warcoing (Pecq, Hainaut Province, Belgium) on 9 July. EIB Vice-President Kris Peeters and Willy Borsus, Vice-President of Wallonia and Minister of Economy, presented this major partnership to support small and medium-sized enterprises (SMEs, up to 250 employees) and mid-caps (up to 3 000 employees) weakened by the consequences of an unprecedented pandemic crisis. (press release attached)