The European Investment Bank (EIB) and G+D Ventures, the venture capital arm of the global security group G+D, will invest €25 million each into a new investment platform. The platform will then invest equity into small and medium-sized European companies that develop new technologies in the field of cybersecurity and trust tech, building a portfolio of 12-15 companies.
The decision to award the annual Charlemagne Prize to three opposition leaders in Belarus who formed an alliance to overthrow the dictatorship in the 2020 elections has been welcomed by Werner Hoyer, the President of the European Investment Bank (EIB). The EIB had stopped financing projects in Belarus following the 2020 presidential elections, which were widely condemned by international election monitors as neither free nor fair.
The European Investment Bank (EIB), KfW IPEX-Bank and NORD/LB are jointly financing the expansion of public transport in the Chemnitz region. Together, they will make credit lines totalling €189 million available to the local public transport authority Verkehrsverbund Mittelsachsen (VMS) to expand its fleet and maintenance capacity. The EIB’s share of this is €89 million. The consortium leader KfW IPEX-Bank and the account-holding bank NORD/LB will each provide €50 million.