Daily Archives: 7, November 2024

Adyen Reports Robust Q3 Growth with 20% Revenue Increase, Driven by Expanding Customer Partnerships

(IN BRIEF) Adyen reported a strong third quarter with net revenue growth of 20% year-over-year, driven by expanding customer relationships. The company processed €320.6 billion in volume, a 32% increase, with notable growth in its platform and Unified Commerce segments. … Read the full press release

Wolters Kluwer Honored for Excellence in Regulatory Reporting and Capital Management Solutions at 2024 Regulation Asia Awards

(IN BRIEF) Wolters Kluwer received high commendations at the 2024 Regulation Asia Awards for Excellence for its OneSumX solutions, recognized in the categories of Regulatory Reporting and Capital and Liquidity Management. The awards celebrate the company’s focus on operational resilience, … Read the full press release

EIB Backs Oceanloop’s Sustainable Aquaculture Expansion with €35 Million Investment in Land-Based Shrimp Farming

(IN BRIEF) The EIB has provided Oceanloop with a €35 million loan to support the expansion of its sustainable shrimp farming technology, allowing the company to grow operations in Germany and establish a large-scale farm in Gran Canaria. This investment … Read the full press release

thyssenkrupp nucera’s scalum® Wins German Sustainability Award for Innovation in Green Hydrogen Technology

(IN BRIEF) thyssenkrupp nucera’s 20 MW scalum® electrolysis module has won the German Sustainability Award for its pioneering role in green hydrogen production. Recognized for its modular, scalable design, scalum® enables large-scale green hydrogen production and supports industry sustainability goals. … Read the full press release

SUSS Reports Record Q3 Results, Expands Production to Meet Growing Semiconductor Demand

(IN BRIEF) SUSS has reported strong Q3 results, with sales of €102.5 million and a 16.9% EBIT margin, continuing a robust growth trend in 2024. The company is expanding production, including a new Taiwan facility, to meet high demand. SUSS … Read the full press release

Equinor Boosts Ownership in Halten East Offshore Project to Enhance Gas Exports to Europe

(IN BRIEF) Equinor has acquired an additional 11.8% stake in the Halten East Unit from Sval Energi, increasing its ownership to 69.5%. Halten East, an offshore project in the Norwegian Sea, holds around 100 million barrels of oil equivalent, mostly … Read the full press release

EIF and Invest-NL Back €68 Million 4impact Fund to Boost Sustainable Tech Startups in Europe

(IN BRIEF) The European Investment Fund (EIF) and Invest-NL have invested in Dutch venture capital firm 4impact capital’s second fund, which closed at €68 million. This fund will support around 25 early-stage digital companies across north-western Europe focused on societal … Read the full press release

EIB Report: African Fintech Growth and Gender Strategies Drive Progress Amid Financial and Climate Challenges

(IN BRIEF) The EIB’s Finance in Africa 2024 report shows a nearly threefold increase in African fintech companies since 2020, significantly improving financial access across the continent. However, challenges like limited credit and high financing costs still impede economic growth. … Read the full press release

EBRD Invests €3 Billion to Strengthen Green Cities Programme for Sustainable Urban Futures

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has pledged an additional €3 billion to expand its Green Cities programme, supporting sustainable urban development across 50+ cities. The programme introduces enhanced Green City Action Plans (GCAPs), with updated … Read the full press release

EBRD and EU Launch €120M SME Go Green Programme to Boost Sustainable Investments in Serbia

(IN BRIEF) The EBRD, with EU support, has launched the SME Go Green programme to finance green economy investments for small and medium-sized enterprises (SMEs) in Serbia and the Western Balkans. Starting with €120 million in funding, with plans to … Read the full press release

International Operation Halts Albanian-Led Cocaine Trafficking Ring with 29 Arrests Across Europe

(IN BRIEF) An international operation coordinated by Eurojust and Europol has disrupted a major Albanian-led drug trafficking network, leading to the arrest of 29 suspects across Italy and Albania. The operation, which began with investigations in 2021, uncovered cocaine concealed … Read the full press release

Logicor Renews Lease with DHL Poland, Expanding Pharmaceutical Logistics Hub in Mysłowice

(IN BRIEF) Logicor has extended its lease with DHL Poland at its Mysłowice logistics park, where DHL occupies 12,200 sqm of warehouse space and provides logistical support for Bausch Health Poland. The facility, tailored for pharmaceutical needs with advanced temperature … Read the full press release

Digi Communications NV announces Investors Call for the presentation of the Q3 2024 Financial Results

(IN BRIEF) Digi Communications N.V. will release its Q3 2024 financial results on November 14, 2024, at 08:00 EEST. Later that day, at 14:00 UK time/16:00 EEST, the company will host a conference call to discuss the results, led by … Read the full press release

EIB Pledges €10.3 Billion for Climate-Resilient Agriculture, Energy, and Infrastructure in Europe

(IN BRIEF) The European Investment Bank (EIB) has committed €10.3 billion to support various European sectors, including agriculture, energy, water, education, and innovation. This funding includes €900 million for immediate reconstruction in flood-affected areas and a landmark €3 billion initiative … Read the full press release

Østnes Expands Nordic Operations with New Airbus H125 Helicopter Fleet Contract

(IN BRIEF) Airbus and Østnes Helicopters have signed a contract for ten additional H125 helicopters to serve the Nordic region, where these aircraft are widely used for utility and aerial missions. The agreement highlights the H125’s adaptability for critical tasks … Read the full press release

Airtelis Expands Offshore Wind Support with Airbus H145 Helicopter Agreement

(IN BRIEF) Airtelis has signed an agreement with Airbus Helicopters to acquire up to five H145 helicopters, with an initial order for one, to be operated by its subsidiary Oya Vendée Hélicoptères for offshore wind industry support. Highlighting the H145’s … Read the full press release

Southampton Astronomer’s Arctic Adventure Inspires Debut Children’s Book on Northern Lights

(IN BRIEF) Dr. Sadie Jones, an astronomer from the University of Southampton, has drawn inspiration from her expedition to Svalbard, Norway, to write her first children’s book, Seren and the Polar Bear Cub, aimed at readers 10 and up. The … Read the full press release

University of Southampton Study Links Prenatal Vitamin D to Lasting Bone Strength in Children

(IN BRIEF) New research led by the University of Southampton shows that children whose mothers took vitamin D supplements during pregnancy have stronger bones at age seven. Part of the MAVIDOS trial, the study found that these children had higher … Read the full press release

voestalpine’s 24-Hour Childcare Boosts Employee Support with Increased Demand and STEM Initiatives

(IN BRIEF) voestalpine’s expanded 24-hour childcare program at its Linz site has been warmly received by employees, especially those working in shifts. In its first year, the program has seen over a 30% increase in enrollment, with more than half … Read the full press release

New Study Reveals Amplified Risks of Climate Change and Chemical Pollution on Ecosystems and Human Health

(IN BRIEF) A University of Helsinki study led by Sabrina Roth reveals that the combination of climate change and chemical pollution creates a far greater threat to ecosystems and human health than previously understood. Roth’s research shows that extreme weather … Read the full press release