Category Archives: FDI news EU

Finnish company MetGen raises EUR 2.2 million investment

MetGen’s industrial enzymes can be used in the pulp and paper, bio-fuels and bio-chemicals industries. Finnish cleantech company MetGen has raised a total of EUR 2.2 million in a financing round led by Sofinnova Green Seed Fund with participation from … Continue reading

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SMEs in Europe at the crossroads: further policy boost needed to help in recovery

Europe’s Small and Medium Sized enterprises (SMEs) continue to strive for recovery. If we take the EU as a whole so far their overall efforts have mainly led to ‘jobless’ growth, as shown by diverging trends in the EU-27 Member … Continue reading

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EIB supports SMEs in Romania with EUR 45 million

The European Investment Bank (EIB) is lending EUR 30 million to Raiffeisen Bank SA, Romania, and EUR 15 million to Raiffeisen Leasing IFN SA, Romania, to finance projects promoted by SMEs, mid-cap companies and municipalities in Romania. EIB funds will … Continue reading

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EIB continues to support smaller projects in Romania with EUR 20 million

The European Investment Bank (EIB) is providing two loans to finance smaller projects promoted by SMEs, mid-cap companies and public authorities in Romania: • EUR 15 million Intesa Sanpaolo Bank Romania SA • EUR 5 million to Intesa Sanpaolo Leasing … Continue reading

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EU relations with China

The fifteenth EU-China summit, being held in Brussels on 20 September 2012, will be another building block to strengthen the EU-China relationship. The EU will be represented by Herman Van Rompuy, President of the European Council, and by José Manuel … Continue reading

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Valcárcel elected President of the EU’s Committee of the Regions Tackling the crisis and promoting growth given “top priority”

Following his election as President of the Committee of the Regions (CoR), Ramón Luis Valcárcel Siso (EPP/ES) said that his top priority would be to ensure that local and regional authorities were given the necessary support to tackle the crisis, … Continue reading

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José Manuel Durão Barroso President of the European Commission State of the Union 2012 Address Plenary session of the European Parliament/Strasbourg 12 September 2012

Mr President, Honourable Members, 1. Analysis of the situation It is an honour to stand before you today to deliver this third State of the Union address. At a time when the European Union continues to be in crisis. A … Continue reading

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Merck invests in Carinthia

The German pharmaceutical company Merck is expanding its facility in Carinthia, Austria. It is constructing a laboratory building at a cost of EUR 3.8 million, which is scheduled to be completed in July 2013. The new building will feature 1000 … Continue reading

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Mergers: Commission clears the creation of a mobile commerce joint venture by UK mobile operators Telefónica, Vodafone and Everything Everywhere

The European Commission has unconditionally approved, on the basis of the EU Merger Regulation, the proposed creation of a joint venture between Vodafone, Telefónica and Everything Everywhere in the field of mobile commerce in the UK. “Mobile commerce is a … Continue reading

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Consultation on benchmarks and market indices launched following LIBOR manipulation

Following the recent manipulation of LIBOR, the Commission has today launched a consultation inviting stakeholders to comment on possible new rules for the production and use of indices serving as benchmarks in financial and other contracts. Commissioner for Internal Market … Continue reading

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