(IN BRIEF) Nadia Calviño, President of the European Investment Bank Group, participates in the 2024 Financing for Development Forum at the United Nations in New York. The forum, convened by the United Nations Economic and Social Council (ECOSOC), aims to … Read the full press release
(IN BRIEF) In a recent analysis, Helge Pedersen, Nordea Group Chief Economist, emphasizes the global economic resilience, signaling a potential soft landing. However, strong labor markets pose challenges for monetary policy, especially with the new geopolitical dynamics. While Norway and … Read the full press release
Posted in Banks, Business, Economy, Financial, Finland, Government, Industrial, Investment, Management, News
Tagged economic resilience, Financial, global challenges, Helge Pedersen, investment, Nordea Group
(IN BRIEF) Eni’s Board of Directors, under the leadership of Giuseppe Zafarana, approved the unaudited consolidated results for Q1 2024, showcasing an accelerated transformation of the company’s portfolio. CEO Claudio Descalzi highlighted key achievements, including the acquisition of Neptune Energy … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News
Tagged Claudio Descalzi, Eni, Financial, Giuseppe Zafarana, investment
(IN BRIEF) Outokumpu has announced the publication of its interim report for January–March 2024 on May 7, 2024, at approximately 9:00 am EEST. Following the report’s release, a live webcast and conference call will be conducted at 3:00 pm EEST, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Media, Metals and Minerals, News
Tagged Financial, Heikki Malinen, investment, Linda Häkkilä, Outokumpu, Pia Aaltonen-Forsell, Q1 2024 Interim Report, webcast
(IN BRIEF) In the first quarter of 2024, Kuehne+Nagel Group reported a decline in earnings compared to the previous year, citing intensified cost measures amidst a challenging business environment. Despite a slight improvement in demand for transportation services, the company’s … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Switzerland, Transportation & Logistics
Tagged Financial, investment, Kuehne+Nagel Group, Q1 Earnings, Stefan Paul
(IN BRIEF) Prudential plc, a prominent insurance company in Asia and Africa, has announced a significant investment of US$2.5 million through its community investment arm, Prudence Foundation, to tackle the effects of climate change on health and enhance climate resilience, … Read the full press release
Posted in Banks, Business, Environment, Financial, Healthcare, Industrial, Insurance, Investment, Management, News, Non Profit, United Kingdom
Tagged Climate & Health Resilience Fund, climate change impacts, Diana Guzman, Financial, investment, Kathy Baughman McLeod, Prudence Foundation, Prudential, sustainability
(IN BRIEF) A financing agreement between the Nordic Investment Bank (NIB), the European Investment Bank (EIB), and LTG Link signals a significant step forward for Lithuania’s rail sector. The agreement, totaling EUR 200 million, will facilitate the purchase of nine … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Egidijus Lazauskas, EIB, Electric and Battery Trains, investment, Jeanette Vitasp, Lithuania, LTG Link, Marius Skuodis, NIB, rail electrification, Thomas Östros
(IN BRIEF) The Association for Financial Markets in Europe (AFME) lauds the European Council’s recent conclusions advocating for a “new European competitiveness deal,” which underscores the importance of deepening the Single Market and advancing the Capital Markets Union (CMU). AFME … Read the full press release
Posted in Business, Economy, European Union, Financial, Industrial, Investment, Management, Marketing, News, United Kingdom
Tagged Adam Farkas, AFME, Competitiveness Deal, Enrico Letta, European Council, Financial, investment, partnership
(IN BRIEF) Sweco AB (publ) concluded its Annual General Meeting, ratifying proposals from the Board of Directors and the Nomination Committee. The meeting re-elected seven Directors and granted discharge of liability for the financial year 2023. Ernst & Young AB … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Sweden, Technology
Tagged AGM 2024, Alf Göransson, appointment, Åsa Bergman, Christine Wolff, Financial, investment, Johan Hjertonsson, Johan Nordström, Johan Wall, leadership, Susanne Pahlén Åklundh, Sweco
(IN BRIEF) Despite facing a challenging economic climate, the Bosch Group showcased growth and profitability in the 2023 business year. With sales reaching 91.6 billion euros and an EBIT margin from operations up by 5.3 percent year-on-year, the company is … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Bosch, economy, Financial, investment, Markus Forschner, Stefan Hartung
(IN BRIEF) In a landmark move, the European Investment Bank (EIB) has granted a €150 million loan to Bhutan, marking its first-ever investment in the country. This funding aims to bolster Bhutan’s renewable energy sector, particularly through the development of … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Bhutan, carbon neutrality, EIB, investment, Leki Wangmo, Lyonpo Lekey Dorji, Markus Berndt, Nadia Calviño, partnership, renewable energy, sustainability
(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million, 25-year finance contract with the French department of Seine-Maritime, aiming to modernize the learning environments of 13,000 pupils across the region. This initiative, part of the department’s Plan … Read the full press release
Posted in Banks, Business, Education, Environment, Financial, France, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Ambroise Fayolle, Bertrand Bellanger, EIB, France, investment, partnership, School Modernization, Seine-Maritime Department, sustainability
(IN BRIEF) Nagarro, a global digital engineering leader, disclosed its audited financial figures for 2023, showcasing consistent performance with a 6.5% revenue increase year-over-year (YoY). Despite facing excess capacity due to growth moderation, the company saw revenue climb to €912.1 … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, Nagarro
(IN BRIEF) Ahold Delhaize announces the repurchase of 900,000 common shares between April 8 and April 12, 2024, as part of its €1 billion share buyback program initiated in November 2023. With shares bought at an average price of €26.94 … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) MAHLE, a leading automotive supplier, marks a significant turnaround in its business trajectory with record sales of €12.8 billion in 2023, despite global challenges and rising costs. The company reports a positive group result and a notable increase … Read the full press release
Posted in Automotive, Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Arnd Franz, Financial, investment, MAHLE, Markus Kapaun, sustainability
(IN BRIEF) The European Investment Bank (EIB) Board of Directors approved €4.3 billion in financing for projects spanning Austria, Czech Republic, France, Germany, Hungary, Italy, Lithuania, and Slovakia. The funding will support sustainable transport, renewable energy, water and waste treatment, … Read the full press release
Posted in Austria, Banks, Business, Czech Republic, Economy, Environment, Financial, France, Germany, Government, Hungary, Industrial, Investment, Italy, Lithuania, Luxembourg, Management, News, Slovakia
Tagged Austria, Czech Republic, EIB, Europe, France, Germany, Hungary, investment, Italy, Lithuania, Nadia Calviño, partnership, Slovakia, sustainability, sustainable development
(IN BRIEF) Citycon Oyj’s Board of Directors has approved the launch of a new stock option plan and restricted share unit plan aimed at the Chief Executive Officer, aiming to enhance alignment between shareholder objectives and CEO incentives while bolstering … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Management, News, Real Estate, Retail
Tagged CEO Objectives, Citycon, Financial, Incentive Plans, investment, Shareholder Value
(IN BRIEF) Holcim has announced the agenda for its 2024 Annual General Meeting (AGM), scheduled for May 8th at Bossard Arena in Zug, Switzerland. The Board of Directors proposes a dividend increase of 12% to CHF 2.80 per registered share … Read the full press release
Posted in Business, Construction, Economy, Financial, Industrial, Investment, Management, News, Switzerland
Tagged 2024 AGM, appointment, Catrin Hinkel, Financial, holcim, investment, Jan Jenisch, leadership, Michael H. McGarry, Miljan Gutovic
(IN BRIEF) Norsk Hydro ASA has scheduled its Annual General Meeting for May 7, 2024, at 10:00 CEST, offering a hybrid format allowing shareholders to attend either in person or digitally, with options for advance voting or proxy participation. While … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Media, Metals and Minerals, News, Norway
Tagged Financial, Hybrid Annual General Meeting, investment, Norsk Hydro ASA
(IN BRIEF) Saab’s CEO Micael Johansson and CFO Christian Luiga are set to present the company’s interim report for January-March 2024 on April 26th at 10:00 a.m. CET. The report will be published at 07:30 a.m. CET on the same … Read the full press release
Posted in Business, Defence, Economy, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Christian Luiga, Financial, investment, Micael Johansson, Q1 2024 Interim Report, Saab
(IN BRIEF) RWE, a leading renewable energy company, has successfully issued its first green US dollar bond, totaling US$2 billion, with maturities of 10 and 30 years and yields ranging from 5.926% to 6.261%. The bond, oversubscribed 3.8 times, signifies … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Investment, Management, News
Tagged expansion, Financial, investment, Michael Müller, renewable energy, RWE, sustainability
(IN BRIEF) KUKA, a leader in automation and robotics, achieved record-breaking sales revenues exceeding €4 billion in 2023, alongside a substantial increase in EBIT. CEO Peter Mohnen highlighted the company’s resilience and growth amidst fierce market competition and expanding international … Read the full press release
Posted in Business, Economy, Electronics & Machinery, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Financial, investment, KUKA, Peter Mohnen, Reinhold Groß
(IN BRIEF) Nokia has disclosed that it will unveil its first-quarter interim report on April 18, 2024, at 8 a.m. Finnish time, with the report promptly available on the company’s website. The summary will emphasize Nokia Group’s financial performance and … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, News, Technology, Telecom
Tagged Analyst Webcast, Financial, First-Quarter Interim Report, investment, Nokia
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €22 million loan to Ukrainian pharmaceutical giant Farmak Group to facilitate its strategic acquisition of a Polish pharmaceutical company and to upgrade its IT systems. Farmak, a … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Healthcare, Industrial, Investment, Management, News, Pharma & Biotech, Poland, Science, Technology, Ukraine, United Kingdom
Tagged acquisition, EBRD, expansion, Farmak, Frederic Lucenet, investment, partnership, Poland, sustainability, UKRAINE
(IN BRIEF) Yara International ASA is scheduled to release its first quarter 2024 results on Friday, April 26, 2024, at 08:00 CEST, followed by a presentation in English at 12:00 CEST. Interested parties can access the report, presentation, and webcast … Read the full press release
Posted in Business, Chemicals, Economy, Financial, Industrial, Investment, Management, Media, News, Norway
Tagged Financial, First Quarter 2024 Results, investment, Yara International ASA
(IN BRIEF) In a bid to accelerate the transition towards a circular economy, Borealis has announced a significant investment of EUR 4.5 million in the cracker furnaces of its Porvoo site. This investment aims to increase the utilization of renewable … Read the full press release
(IN BRIEF) Cargotec Corporation has approved a demerger plan, separating the Kalmar business area into an independent listed company by June 30, 2024. Shareholders, representing a significant portion of Cargotec’s shares and votes, have expressed support for the demerger. Consequently, … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Cargotec, Financials, investment, Kalmar
(IN BRIEF) EQT AB, known for its long-term business model, emphasizes its commitment to delivering consistent returns over a 5 to 10-year period. While acknowledging the market’s emphasis on quarterly financial statements, EQT believes such reports are less relevant given … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden
Tagged EQT AB, Financial, investment
(IN BRIEF) Hexagon, the global leader in digital reality solutions, is set to release its Interim Report for the first quarter of 2024 on Friday, April 26, at approximately 08:00 CET. President and CEO Paolo Guglielmini will host a live … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged 2024 Interim Report, Financial, Hexagon, investment, Paolo Guglielmini
(IN BRIEF) Lloyds Banking Group spearheads a £3 million investment in Coadjute, a groundbreaking fintech aimed at streamlining the home buying journey by connecting all stakeholders. Joined by NatWest, Nationwide, and Rightmove, Lloyds’ investment underscores its commitment to leveraging technology … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Coadjute, Dan Salmons, Home Buying Process, investment, Lloyds Banking Group, Nationwide, NatWest, partnership, Rightmove, Robin Scher
(IN BRIEF) Atos SE has scheduled a presentation of its refinancing framework to its financial creditors on April 8, 2024, following the announcement made on March 26. Creditors holding unsecured financial debt of Atos SE are urged to contact Kroll, … Read the full press release
Posted in Business, Economy, Financial, France, Industrial, Investment, Management, Media, News, Technology
Tagged Atos SE, Financial Creditors, investment, Refinancing Framework
(IN BRIEF) Ahold Delhaize has disclosed its repurchase of 200,000 common shares between March 25, 2024, and March 28, 2024, at an average price of €27.45 per share, totaling €5.5 million. This buyback is part of the company’s €1 billion … Read the full press release
Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail
Tagged Ahold Delhaize, Financial, investment, Shares Buyback Program
(IN BRIEF) Adyen, a global financial technology platform, has announced its partnership with PayMe by HSBC in Hong Kong, enabling Adyen’s merchants to accept PayMe as a payment method for online purchases. PayMe, with over three million users and acceptance … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Internet & Online, Investment, Management, Netherlands, News, Technology
Tagged Adyen, Brad Jones, Financial, Hong Kong, HSBC, investment, Kai Tang, partnership, PayMe, Payment Options
(IN BRIEF) UBS Group AG has successfully completed its 2022 share repurchase program, repurchasing 298,537,950 shares via a separate trading line on the SIX Swiss Exchange, totaling CHF 5,009,665,264 (USD 5,244,697,247). A portion of the repurchased shares, approved by the … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Switzerland
Tagged 2022 Share Repurchase Program, Financial, investment, UBS Group AG
(IN BRIEF) ArcelorMittal, in line with its fourth-quarter 2023 financial results, has made significant amendments to its segment reporting and EBITDA definition effective from January 1, 2024. Key changes include redefining EBITDA to encompass operating result, depreciation, impairments, exceptional items, … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, Metals and Minerals, News
Tagged ArcelorMittal, Clarity, Financial, investment
(IN BRIEF) Daimler Truck AG has finalized a new revolving credit line worth €5 billion, capitalizing on favorable market conditions to replace its existing syndicated credit line set to mature. Coordinated by BNP Paribas, Deutsche Bank, and LBBW, with participation … Read the full press release
(IN BRIEF) Jenoptik AG announces impressive financial results for the fiscal year 2023, highlighted by a considerable increase in revenue and profitability. The company’s photonics business, particularly in the semiconductor equipment sector, drove significant organic revenue growth of 8.7 percent … Read the full press release
(IN BRIEF) Investor AB, in its recently published 2023 Annual Report, highlights its robust performance and commitment to sustainability amidst a challenging macro environment. Despite this, Investor delivered on its strategic priorities, including achieving a total shareholder return of 26 … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, investment, Investor AB, Jacob Wallenberg, Johan Forssell, sustainability
(IN BRIEF) PNE AG reports a highly successful year in 2023, achieving or surpassing strategic goals outlined in its ‘Scale up 1.0’ strategy. With total aggregate output reaching €267.8 million and EBITDA hitting €39.9 million, the company is at the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Expansion Strategy, financial performance, investment, Markus Lesser, PNE AG
(IN BRIEF) Hexagon, a leading technology company, announces the availability of its Annual Report and Sustainability Report for 2023 on its website, hexagon.com. Striving for sustainability, the company opts for digital distribution but offers printed copies upon request. Additionally, the … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Sweden, Technology
Tagged Digital Distribution, Financial, Hexagon, investment, sustainability
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions.
HOW TO GET STARTED?
PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
