AI investment in Europe further boosted by €1bn Italian investment
But could a maturing eastern European start-up ecosystem prove a competitor?
ANNOUNCEMENT: Expert Investor is now PA Europe. Read more.
But could a maturing eastern European start-up ecosystem prove a competitor?
The European Investment Bank (EIB) has signed a €315m loan agreement with Spanish telecommunications firm Cellnex to support 5G rollouts in France, Italy, Poland, Portugal and Spain. According to Cellnex, the loan will mobilise total investment of €631m to improve and expand the coverage and capacity of very high bandwidth mobile network infrastructure in these…
UniCredit has released its results for the first three months of 2023, noting its net operating profit in Germany jumped nearly 80% between quarters. The Italian banking giant revealed earlier this week its net operating profit within Europe’s largest economy jumped from €481m in Q4 2022 to €864m in Q1 2023, an increase of 79.8%.…
Payments are forecast to hit a new all-time high of €387bn this year
Unveiling two CEOs and a board chair
Italy is hoping an emergency budget will stave off recession, while France, Germany and Spain batten down the hatches
Including one that explores the metaverse and another that harnesses the science of light
He joins from Schroders where he worked for more than 20 years
Amid an ongoing trial relating to a real estate venture involving property in London
Smaller companies have been the traditional target but that could be set to change
Production will come online in 2027
Columbia Threadneedle Investments’ country head for Italy joins to lead the new venture