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The European Bank for Reconstruction and Development (EBRD), in collaboration with the ILX Fund, has committed €40 million to support Kormotech, a leading Ukrainian pet food manufacturer, in establishing a second production facility in Lithuania. This initiative is part of a €63 million project aimed at enhancing Kormotech's export capabilities and geographic...
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The European Investment Bank (EIB) has approved a €300 million loan to České dráhy, the Czech Republic's national railway operator, to enhance and modernize its fleet and infrastructure. This funding will facilitate the acquisition of 180 passenger coaches and 20 electric locomotives, as well as the retrofitting of 219 existing units with the European Rail...
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In a significant move to bolster Ukraine's post-war recovery, Poland has contributed €25 million to the European Investment Bank's (EIB) EU for Ukraine Fund. This contribution increases the fund's total to €398.35 million, underscoring Poland's commitment to supporting Ukraine's reconstruction efforts.
Established by the EIB in 2023, the EU for Ukraine...
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CeeInd Report; Opportunities and Strategies for Industrial Manufacturers and Brands in the CEE Market Introduction The Central and Eastern European (CEE) region has evolved into a highly competitive and dynamic market for manufacturers. Countries such as Poland, Czechia, Hungary, and Slovakia are leading industrial and economic hubs, driven by EU membership,...
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Micro, small, and medium-sized enterprises (MSMEs) in Armenia are set to benefit from fresh funding made available by the European Bank for Reconstruction and Development (EBRD) and the European Union (EU), in partnership with ACBA LEASING.
The EBRD has extended a loan of $5 million (€4.6 million), which will be further enhanced by the EU's grant incentives...
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As global supply chains face increasing disruptions due to geopolitical tensions, rising costs, and the demand for more sustainable practices, re-shoring is becoming a priority for many European companies. Countries like Germany, Austria, Sweden, and Finland are looking to relocate production closer to home, and Poland presents an attractive option for investment....
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The Polish furniture industry, long regarded as a powerhouse in the global market, faced notable challenges in the first half of 2024. However, despite an overall decline in production, the industry continues to offer substantial export opportunities for manufacturers from the USA, Europe, and Asia. With Poland maintaining its stronghold as the second-largest...
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With companies increasingly moving production closer to their markets, Central and Eastern Europe (CEE) is rapidly emerging as a new manufacturing hub, often compared to the role China once played in global supply chains. This shift is bringing new opportunities to CEE countries like Lithuania and Czechia, as Taiwan seeks to deepen economic ties with the region,...
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Poland continues to stand out as a prime location for foreign direct investment (FDI) in Europe, according to EY’s report, "Investment Attractiveness of Europe 2024." Despite a 7% decline in overall FDI across Europe, Poland has shown resilience, with an impressive 21% increase in jobs related to new investments. This growth underscores Poland’s...
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Serbia is set to revitalize its rail infrastructure with the help of a €50 million loan from the European Bank for Reconstruction and Development (EBRD). This funding will support the urgent procurement of materials needed for upgrading critical sections of the national railway network. Serbian Railways Infrastructure, in collaboration with the Ministry...
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