Successful exit: NRW.Venture sells stake in FRONTASTIC

Münster-based start-up provides businesses with e-commerce support - NRW.Venture, the venture fund of North Rhine-Westphalian-owned NRW.BANK, has sold its stake in FRONTASTIC GmbH. The start-up from Münster provides a front-end management platform for online shops. The buyer of the shares is commercetools GmbH from Munich, a global market leader in e-commerce software.

The largest financing of BGK in Ukraine – over EUR 30 million – is already bringing effects

Poland is the 4th largest goods supplier to Ukraine (following China, Germany and Russia). Polish export is systematically growing in this direction. In 2017 it totaled EUR 4.2 billion, in 2019 EUR 4.7 billion and in 2020 almost EUR 5 billion. The data from BGK also confirms the interest in export to Ukraine. One of the Ukrainian importers has just opened the biggest grain storage and processing complex in the region. Polish Feerum supplied silos. BGK supported this transaction with the amount of EUR 30.25 million and the Polish exporter, thanks to the contract with BGK, has already received the money.

ICF Capital signs up to the United Nations Principles for Responsible Investment

MuniFin’s green bond premiere in the Sterling market attracted ESG investors

On 26 October 2021 MuniFin priced an inaugural GBP 250 million green bond maturing 16 December 2024. The green bond is the first of its kind for MuniFin in the Sterling market. The transaction was quickly oversubscribed with nearly 40% participation from ESG investors.

KBN / The EU Taxonomy for sustainable activities

The taxonomy is a key part of the EU Sustainable Finance Action plan, a landmark strategy aiming to contribute to the bloc reaching its European Green Deal targets of transforming the EU into a net zero emitter by 2050. In this article you can read about the taxonomy and how it is likely to affect municipal activities and investments.