Tag: Investment Plan for Europe

Capital Markets Union: breaking down barriers to cross-border investments and accelerating delivery

Posted on by Haptic

The European Commission is today taking a major step towards the development of a Capital Markets Union (CMU) by promoting alternative sources of financing and removing barriers to cross-border investments. While the CMU will benefit all Member States, it will particularly strengthen the Economic and Monetary Union by promoting private risk-sharing. Building on progress already Read more about Capital Markets Union: breaking down barriers to cross-border investments and accelerating delivery[…]

€ 245 mil. to invest in R&D for energy efficient engines and electric cars

Posted on by Haptic

The EIB and Volvo Car Corporation have signed a EUR 245 million loan agreement backing research and development activities in connectivity, efficient petrol hybrid engines, longer-range electric cars and advanced driving assistance systems. The EIB transaction with Volvo Cars was made possible by the European Fund for Strategic Investments (EFSI), which is the central pillar of Read more about € 245 mil. to invest in R&D for energy efficient engines and electric cars[…]

Investment boost in Romania: circular economy project under Juncker Plan, three agreements under SME Initiative

Posted on by Haptic

Today the European Investment Fund (EIF) signed three new SME Initiative guarantee transactions with BRD-Groupe Société Générale, with ING Bank (Bucharest Branch) and Libra Internet Bank acting as partners. The agreements with the three banks aim to facilitate access to finance for Romanian SMEs by providing a 60% guarantee on each loan and by lowering the Read more about Investment boost in Romania: circular economy project under Juncker Plan, three agreements under SME Initiative[…]

EUR 3.5 billion worth of financing for Italian small and medium-sized enterprises (SMEs) under the European Commission’s COSME programme

Posted on by Haptic

The European Investment Fund (EIF) and Fondo di Garanzia per le PMI, the Italian Guarantee Fund for SMEs, have signed a second agreement to provide EUR 3.5 billion worth of financing for Italian small and medium-sized enterprises (SMEs) under the European Commission’s COSME programme. This transaction benefits from the support of the European Fund for Read more about EUR 3.5 billion worth of financing for Italian small and medium-sized enterprises (SMEs) under the European Commission’s COSME programme[…]

EUR 40 million for innovative companies in Luxembourg

Posted on by Haptic

The European Investment Fund (EIF) and BGL BNP Paribas together with BNP Paribas Lease Group Luxembourg have signed an InnovFin SMEG agreement to enhance access to finance for innovative small and medium-sized enterprises (SMEs) in Luxembourg. This transaction benefits from the support of the European Fund for Strategic Investments (EFSI), the heart of the Investment Read more about EUR 40 million for innovative companies in Luxembourg[…]