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InvestEU programme supports €392 million investment in Europe's first circular battery production gigafactory in Sweden
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The InvestEU programme has provided support to two investments worth around €392 million for the expansion of Europe's first circular battery production gigafactory in Skellefteå, Sweden. The expansion is expected to increase the output capacity for battery production to up to 60 gigawatt hours per year.
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Viewpoint
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Maroš Šefčovič, Executive Vice-President for European Green Deal, Interinstitutional Relations and Foresight
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“We mean business when it comes to Europe’s battery industry. It is of strategic importance and a key battleground for global competitiveness. Northvolt, our battery pioneer, showcases that the EU has what it takes to build an innovative, sustainable and globally competitive battery ecosystem.”
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News
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Speeches
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Commissioner Gentiloni's statement in the European Parliament on the Economic Governance Review
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In the current uncertain economic and geopolitical environment, let us not lose sight of the ultimate goal: a reformed framework, that allows for gradual debt reduction while making space for the massive public investments that Europe needs to successfully address the challenges before us.
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Remarks by Commissioner Gentiloni at the Eurogroup press conference
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It is clear is that energy policy must be an integral part of a common European industrial strategy, one that safeguards the single market, enhances our strategic autonomy and supports the climate transition.
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Real Economy by Euronews
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Celebrating 25 years of the euro: a retrospective and future outlook
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Real Economy commemorates 25 years of the single currency in Europe by asking students, workers and a former president of the European Central Bank for their perspectives on the past, present and future of the euro and the eurozone.
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Events and notices
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InvestEU: Financing Europe’s Future, 23 January 2024
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Registration for the InvestEU: Financing Europe’s Future event is now open. The event will highlight the opportunities offered by InvestEU, showcase InvestEU beneficiaries, and provide an opportunity for engagement with InvestEU partners and stakeholders. Click on the link below to keep up to date on the programme and speakers.
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EU Sustainable Investment Summit, 24 January 2024
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Registration for the EU Sustainable Investment Summit, the European Commission’s flagship annual event on sustainable investment, is now open. The third edition will take place on 24 January 2024 in Brussels. Click on the link below to keep up to date on the programme and speakers.
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Recovery and Resilience Facility: a lot done, more to come, 9 April 2024
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Save the date for the Recovery and Resilience Facility: a lot done, more to come event, co-organised by the European Commission and the Belgian Presidency of the Council of the European Union on 9 April 2024. More information on the programme and the speakers will be available soon.
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Save the date: Brussels Economic Forum, 16 May 2024
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Save the date for the European Commission’s Brussels Economic Forum on 16 May 2024. Join us in Brussels or online for a day of debates and networking with speakers and participants from across the world. Click on the link below to keep up to date on programme.
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Open public consultation on SURE
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SURE was established in May 2020 to help Member States fight the negative economic and social consequences of the COVID-19 pandemic. The European Commission has launched an open public consultation to evaluate how SURE has delivered on its main objectives to protect jobs and workers.
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Publications
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