Committee on European Affairs and Oversight of the European Funds

Highlights - The implementation of EFSD+ operations from an inclusive perspective - Committee on Development

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Tuesday, August 29, 2023

The implementation of EFSD+ operations from an inclusive perspective

Key Points: 
  • The implementation of EFSD+ operations from an inclusive perspective
    29-08-2023 - 14:56
    On 30 August, at 9.30, during the Committee meeting, the study "The implementation of EFSD+ operations from an inclusive perspective" will be presented by one of its authors: Aitor PÉREZ, Chief Consultant and Lecturer, Economistas de la Cooperación, S.L.
  • (ECOPER) and University of Salamanca (Spain).
  • By providing guarantees and subsidies for loans as well as capital investments, the European Fund for Sustainable Development Plus (EFSD+) is expected to contribute to inclusive development and related goals such as inclusive growth, poverty eradication, the reduction of socio-economic inequalities and support to vulnerable groups.
  • This study analyses how this inclusive approach by the EFSD+ is being applied in practice.

E-Space Strengthens Leadership in France with Appointment of New Board Members

Retrieved on: 
Tuesday, June 20, 2023

The new board members bring a wealth of expertise and diverse backgrounds, which will bolster the Company's plans to bring advanced space-powered IoT and Smart-IoT solutions and services to the market.

Key Points: 
  • The new board members bring a wealth of expertise and diverse backgrounds, which will bolster the Company's plans to bring advanced space-powered IoT and Smart-IoT solutions and services to the market.
  • Greg Wyler expressed enthusiasm about the new appointments, commenting, "We welcome this highly respected group of leaders to the E-Space SAS Board.
  • Our Board's collective insights will help accelerate innovation, enhance operational excellence and ensure sustainable value creation for all stakeholders."
  • The newly appointed E-Space SAS board members will collaborate closely with the E-Space SAS executive team to shape the Company's strategic direction, strengthen corporate governance practices and drive key growth initiatives in the European Union.

E-Space Opens New European Headquarters in Toulouse, France

Retrieved on: 
Tuesday, June 20, 2023

TOULOUSE, France, June 20, 2023 /PRNewswire/ -- After raising USD$90 million since inception, E-Space, the company bridging Earth and space to enable hyper-scaled deployments of IoT solutions and services, today announced that it has opened a new European headquarters, E-Space SAS, in Toulouse, France.

Key Points: 
  • TOULOUSE, France, June 20, 2023 /PRNewswire/ -- After raising USD$90 million since inception, E-Space , the company bridging Earth and space to enable hyper-scaled deployments of IoT solutions and services, today announced that it has opened a new European headquarters, E-Space SAS, in Toulouse, France.
  • By establishing expanded activities in Toulouse, E-Space will be part of the prestigious French and European aerospace communities.
  • Greg Wyler, Founder and CEO of E-Space commented: "The opening of the E-Space European headquarters in Toulouse marks a significant milestone in our company's growth.
  • Karim Michel Sabbagh, E-Space SAS Managing Director, Europe and Middle East Lead added: "We believe our new European headquarters will be a catalyst for radical innovation and development.

Arieli Capital and the Slovenia government are launching the second cohort of the Slovenia-Israel Accelerator program

Retrieved on: 
Friday, May 12, 2023

TEL AVIV, Israel, May 12, 2023 /PRNewswire/ Arieli Capital was recently selected to lead a second cohort of the innovation program, which will take place in Tel Aviv on June 12th-15th.

Key Points: 
  • TEL AVIV, Israel, May 12, 2023 /PRNewswire/ Arieli Capital was recently selected to lead a second cohort of the innovation program, which will take place in Tel Aviv on June 12th-15th.
  • 8 Slovenian startups will visit the Israeli market and connect with Israeli investors, industry leaders, academics, and technology companies.
  • Thanks to the program, Israel and Slovenia strengthened their economic ties and advanced agriculture, business, and trade delegations.
  • We are excited to launch the second cycle of the Slovenia-Israel startup accelerator and keep strengthening the social and economic ties between Slovenia and Israel."

Arieli Capital and the Slovenia government are launching the second cohort of the Slovenia-Israel Accelerator program

Retrieved on: 
Friday, May 12, 2023

TEL AVIV, Israel, May 12, 2023 /PRNewswire/ Arieli Capital was recently selected to lead a second cohort of the innovation program, which will take place in Tel Aviv on June 12th-15th.

Key Points: 
  • TEL AVIV, Israel, May 12, 2023 /PRNewswire/ Arieli Capital was recently selected to lead a second cohort of the innovation program, which will take place in Tel Aviv on June 12th-15th.
  • 8 Slovenian startups will visit the Israeli market and connect with Israeli investors, industry leaders, academics, and technology companies.
  • Thanks to the program, Israel and Slovenia strengthened their economic ties and advanced agriculture, business, and trade delegations.
  • We are excited to launch the second cycle of the Slovenia-Israel startup accelerator and keep strengthening the social and economic ties between Slovenia and Israel."

WPP Welcomes KKR as Strategic Partner in FGS Global

Retrieved on: 
Tuesday, April 11, 2023

WPP (NYSE: WPP) today announces that leading global investment firm KKR has made a growth investment in FGS Global, the strategic advisory and communications consultancy in which WPP is a majority shareholder.

Key Points: 
  • WPP (NYSE: WPP) today announces that leading global investment firm KKR has made a growth investment in FGS Global, the strategic advisory and communications consultancy in which WPP is a majority shareholder.
  • Following the investment from KKR, WPP will remain the majority owner of the company, and FGS Global employees will remain substantial shareholders.
  • We are delighted to welcome KKR as a new strategic partner in FGS Global, in a transaction that recognises the tremendous value of the business and its potential for continued strong growth.”
    Philipp Freise, Partner at KKR, said: “WPP and FGS Global have built an exceptional communications advisory firm.
  • Stakeholder engagement is a boardroom issue and we are today establishing a powerful strategic partnership between WPP and KKR to support FGS Global as they continue on their path to building an industry-defining global business.”
    Alex Geiser, Global CEO of FGS Global, said: “We are thrilled to be joined by KKR as a strategic partner on our journey to create the world leader in strategic advisory and communications.

KKR Invests in Leading Strategic Advisory and Communications Firm, FGS Global

Retrieved on: 
Tuesday, April 11, 2023

KKR today announced an agreement to make a growth investment in leading strategic advisory and communications firm, FGS Global (the “Company”).

Key Points: 
  • KKR today announced an agreement to make a growth investment in leading strategic advisory and communications firm, FGS Global (the “Company”).
  • Golden Gate Capital, an FGS shareholder since 2016, will exit its investment through the sale of its interest to KKR.
  • FGS is a leader in all aspects of strategic advisory and communications, including corporate reputation, crisis management, government affairs and is a leading advisor on business-critical financial communications worldwide.
  • The FGS investment follows a similar thematic pursued when KKR invested in ERM, the world’s largest global pure play sustainability consultancy, in 2021.

Spain Elevator and Escalator Market Size & Growth Forecasts 2023 - 2029: Governments Efforts to Expand Infrastructure Across the Nation to Increase Demand for New Installations - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 21, 2023

The "Spain Elevator and Escalator - Market Size & Growth Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Spain Elevator and Escalator - Market Size & Growth Forecast 2023-2029" report has been added to ResearchAndMarkets.com's offering.
  • LEED is the world's most widely used green building rating system and provides a framework for healthy, highly efficient, and cost-saving green buildings.
  • Maintenance and modernization accounted for 61.2% and 38.8%, respectively, for 2022 in the Spain elevator and escalator market.
  • Between 2021 and 2023, for artificial intelligence development, €600 million (USD 720 million) will be allocated in public investment.

USNC adds Waqar Zaidi as SVP Commercial & Structured Financing for Microreactor Deployments

Retrieved on: 
Tuesday, February 14, 2023

Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, announces the addition of Waqar Zaidi to an increasingly strong leadership team as Senior Vice President, Commercial and Structured Financing.

Key Points: 
  • Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, announces the addition of Waqar Zaidi to an increasingly strong leadership team as Senior Vice President, Commercial and Structured Financing.
  • In this new role, Waqar will drive progress on active deployments of USNC’s Micro-Modular™ Reactors (MMR®) across the globe.
  • View the full release here: https://www.businesswire.com/news/home/20230214005182/en/
    Waqar Zaidi joins Ultra Safe Nuclear as SVP Commercial & Structured Financing.
  • (Photo: Business Wire)
    In this integral addition to the Ultra Safe Nuclear leadership team, Waqar will lead commercial strategy development, global commercial deal execution, and project structured financing.

Investment Plan for Europe: EIF and TFG Lending Sign EUR 100 Million Deal to Finance over 4000 Businesses

Retrieved on: 
Wednesday, November 2, 2022

Through the guarantee program, TFG Lending, a subsidiary of TFG Finance Ltd. will be able to lend 87 million (100 million) to more than 4,000 small enterprises across Europe, North and South America.

Key Points: 
  • Through the guarantee program, TFG Lending, a subsidiary of TFG Finance Ltd. will be able to lend 87 million (100 million) to more than 4,000 small enterprises across Europe, North and South America.
  • The loans will be made possible by an EIF guarantee granted through the COSME initiative, with funding assistance from the European Commission.
  • At TFG Lending, valid businesses can submit an application for finance through the program.
  • Jorge C. Pecidodo, CFO at TFG Finance Ltd, said, "This agreement between TFG Lending and the EIF is a boon for the millions of SMEs who critically need access to finance.