30 Oct
Chapter News

EIB Supports Gas Supply Improvements and Diversification in Europe with the EFSI Guarantee

The European Investment Bank (EIB) is lending EUR 50m to Transgaz, the national gas transmission company of Romania, to finance the construction of a new European gas transmission corridor to increase security of gas supply and to reduce energy dependence by making it possible to diversify gas supply routes and sources. This operation is backed by the European Fund for Strategic Investments (EFSI) under the Investment Plan for Europe (IPE). The new pipeline represents the first phase of the Romanian section of...

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30 Oct
New York Related News

International Business Updates from NYC

By NYC Mayor’s Office for International Affairs IN2NYC The International Innovators Initiative (IN2NYC) is now accepting applications. The IN2NYC program facilitates collaborative partnerships between international entrepreneurs and City University of New York (CUNY) schools, enabling entrepreneurs to be eligible for cap-exempt H-1B visas. Through the program, entrepreneurs gain access to workspace, equipment, and other amenities at incubators located at one of six CUNY campuses, as well as access to a large talent pool of skilled workers.  In exchange, entrepreneurs dedicate some of...

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27 Oct
Member News

Thanks to Ecommerce, Industrial Demand Keeps Growing

By Karina Estrella | Trepp It's safe to say that ecommerce has transformed not just the retail sector, but the industrial segment as well. According to the U.S. Department of Commerce, ecommerce sales reached about $395 billion in 2016, which is a 15.6% year-over-year increase from 2015. This acute growth in ecommerce has caused retailers to place more emphasis on improving services for last-mile delivery, which is the transportation of goods from a distribution hub to their final destination.  Last mile...

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26 Oct
Chapter News

The EIB Group signs the first guarantee agreements in Georgia, Moldova and Ukraine under the EU4Business initiative

The European Investment Bank (EIB) and the European Investment Fund (EIF) – jointly the EIB Group – today signed the first guarantee agreements with ProCredit Holding and its subsidiaries in order to support EUR 100 million of lending to small and medium-sized enterprises (SMEs) in Georgia, Moldova and Ukraine under the EU4Business initiative. These agreements will enable the ProCredit banks in these countries to facilitate access to finance for local SMEs by providing a 70% guarantee on each loan and...

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26 Oct
Member News

Technology Update: Data Centres in Ireland

By Philip Nolan | +353 1 614 5078 | pnolanmhc.ie | Mason Hayes & Curran Data centres are an increasingly prominent feature of Ireland's policy landscape, as well as its physical landscape. We provide an overview of the key legal issues arising in the context of data centre development in Ireland. Post-Industrial Industry Ireland has not been spared the data requirements of the current, service-intensive phase of internet development sweeping the globe. This technological trend has brought with it the need to...

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26 Oct
Member News

Why we need rational public debate

By Pirelli | Copyright © 2017 Pirelli & C. S.p.A SELECTED STORIES FROM PIRELLI.COM: An interview with Mark Thompson, president and CEO of The New York Times Company Mark Thompson is probably one of the best-suited and best qualified people in the world today to talk to about the media and current affairs. Currently CEO of The New York Times Company, a job he has held since 2012, he was previously Director-General of the BBC for eight years. In autumn 2016, his...

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25 Oct
Member News

Advocate General Court of Justice of EU: Dutch tax consolidation regime could infringe right of establishment

By Loyens & Loeff On 25 October 2017 an Advocate General (AG) of the Court of Justice of the European Union (CJEU) delivered his opinion in two Dutch cases about the consequences of the CJEU judgment in the French Groupe Steria case for the Dutch tax consolidation regime (fiscal unity) in situations concerning (i) the Dutch interest deduction limitation rule to prevent base erosion and (ii) the non-deductibility of currency losses on a participation in a non-Dutch/EU subsidiary. Loyens & Loeff...

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25 Oct
Member News

ING launches ING Ventures: a EUR 300 million fintech fund

By ING ING announced today it has launched ING Ventures, a EUR 300 million fund aimed at investing in fintech companies. To accelerate the pace of innovation, one of ING's strategic priorities, ING Ventures will expand the existing portfolio of investments in the coming four years. ING considers partnering with and investing in fintechs as a key element of its innovation strategy. ING has successfully launched various own innovations in the market, but scanning the outside world for solutions that help...

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25 Oct
Member News

DS-Concept Announces Credit Facility for High-Growth Tech Company in North America

By DS-Concept DS-Concept is pleased to announce that it has provided a $2 million post shipment finance facility to a 20 year old network communications technology company with a niche in hard commodity industries. The company is based in the US with 4 international locations and develops proprietary products for its clients in the US, Canada, Australia and Latin America. DS-Concept has structured a facility in two currencies to finance the company’s open account sales to the US and Canada. Due...

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24 Oct
Chapter News

Commission Work Programme 2018: An agenda for a more united, stronger and more democratic Europe

Following on from the announcements made in President Juncker's 2017 State of the Union Address, the European Commission is today presenting its plans for completing the work on President Juncker's ten political priorities before the end of its mandate, as well as a series of forward-looking initiatives for the future of Europe. President Jean-Claude Juncker said: “Europe is regaining its strength, and we must take advantage of this renewed momentum. We have already put on the table 80% of the proposals we promised when...

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