Author Archives: EuropaWire PR Editor

E.ON Raises €1.5 Billion Through Green Bonds for Future Sustainability Projects and Prefunding 2024 Needs

(IN BRIEF) E.ON has successfully issued two green bond tranches totaling €1.5 billion to prefund parts of its 2024 funding needs. The bonds have maturities of 8 years and 12 years, with coupons of 3.75% and 4.00% respectively. The issuance … Read the full press release

TotalEnergies Advances Carbon Storage Strategy with Acquisition of 40% Interest in CO2 Storage Exploration License

(IN BRIEF) TotalEnergies has entered into an agreement with CapeOmega Carbon Storage AS to acquire a 40% participating interest in the CO2 storage exploration license ExL004, also known as the “Luna” project. The license covers an area of 453 sq.km … Read the full press release

Equinor’s Innovative Steam Turbine Solution to Cut Emissions at Statfjord C Platform by 25%

(IN BRIEF) Equinor and its partners are implementing an innovative solution to enhance energy efficiency and reduce emissions at the Statfjord C platform. The plan involves replacing two gas turbines with a steam turbine powered by heat recovery from gas … Read the full press release

ING Advances Share Buyback Program, Repurchasing Over 22 Million Shares for €298 Million

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has made progress on its share buyback program, repurchasing 22,963,042 shares during the week of August 14 to 18, 2023. The shares were acquired at an average price of €13.01, totaling €298,758,301.04. This is part of the … Read the full press release

UK SMEs Poised to Drive Employment Growth: Expected to Hire 3.5 Million People This Quarter

(IN BRIEF) UK small and medium-sized businesses (SMEs) are expected to contribute to significant employment growth this quarter, with the potential to hire up to 3.5 million people. This positive projection is based on data from the Barclays Business Barometer, … Read the full press release

Vodafone’s 5G Boosts Fan Experience and Elevates Irish Rugby Team’s Performance Ahead of World Cup

(IN BRIEF) Vodafone’s 5G technology is being harnessed to enhance the fan experience and improve the performance of the Irish Rugby team. The 5G Stadium App, developed by Immersiv and using Vodafone’s 5G network, offers augmented reality, live performance tracking, … Read the full press release

Deutsche Telekom Joins Forces with UEFA EURO 2024™ for a Comprehensive Partnership Across Connectivity, Sponsorship, and Media Rights

(IN BRIEF) Deutsche Telekom has established a three-pillar partnership with UEFA EURO 2024™, becoming an official partner in the areas of telecommunication services, sponsorship, and media rights. The partnership involves several initiatives to enhance the fan experience and connectivity during … Read the full press release

Siemens and ÖBB Collaborate to Transform Austria’s Rail Network Through Cutting-Edge ETCS Technology

(IN BRIEF) Siemens Mobility and Austrian Federal Railways (ÖBB) are collaborating to digitize Austria’s rail network by implementing the European Train Control System (ETCS), a cutting-edge technology aimed at enhancing the efficiency, capacity, and safety of the rail system. This … Read the full press release

Siemens Boosts eMobility Portfolio with Acquisition of Heliox for Fast Charging Solutions

(IN BRIEF) Siemens AG has announced its intent to acquire Heliox, a Dutch company specializing in fast charging solutions for electric buses, trucks, and vehicles. This acquisition will expand Siemens’ eMobility charging portfolio, enhancing its offerings for eBus and eTruck … Read the full press release

EBRD Extends €100 Million Loan to North Macedonia’s ESM for Energy Security and Decarbonization

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €100 million emergency liquidity loan to JSC Elektrani na Severna Makedonija (ESM), the public electricity utility of North Macedonia. This loan aims to enhance ESM’s financial stability, … Read the full press release

Equinor Announces Q1 2023 Dividend Payouts and Schedule for Oslo and NYSE Shareholders

(IN BRIEF) Equinor ASA, a global energy company, has disclosed its dividend payouts for the first quarter of 2023. On May 4th, 2023, Equinor declared a regular dividend of USD 0.30 per share and an extraordinary dividend of USD 0.60 … Read the full press release

Hexagon Unveils 2023 Capital Markets Day and Anticipated China Site Visit

(IN BRIEF) Hexagon, a global leader in digital reality solutions, has unveiled details of its upcoming 2023 Capital Markets Day, following its Q2 2023 results announcement. Set to take place on December 7th, 2023, at King’s Place in London, the … Read the full press release

Bentley Concludes 20th Anniversary with Bespoke Continental GT Speed Tribute

(IN BRIEF) Bentley Motors concluded its 20th-anniversary celebrations of the iconic Continental GT with the introduction and immediate sale of a distinct Continental GT Speed edition. Crafted by Mulliner, this one-of-a-kind vehicle draws inspiration from the specifications of the original … Read the full press release

LEGO Launches Augmented Reality Treasure Hunt with Prizes for Fans in New Membership Program

(IN BRIEF) The LEGO Group has introduced the LEGO Insiders Treasure Hunt as part of the launch of its membership program, LEGO Insiders. Using augmented reality, fans can scan LEGO bricks at home or in LEGO stores to search for … Read the full press release

Heidelberg Materials to Acquire Green Drop Rock Products, Expanding Aggregates Presence in Calgary Market

(IN BRIEF) Heidelberg Materials has entered a definitive agreement to acquire the business of Green Drop Rock Products, an independent aggregates producer in Cochrane, Alberta, Canada. The acquisition will bolster Heidelberg’s aggregates reserves in the Greater Calgary area and enhance … Read the full press release

Saint-Gobain’s Acquisition of Building Products of Canada Approved, Strengthens Presence in Sustainable Construction

(IN BRIEF) Saint-Gobain has received approval from the Competition Bureau of Canada for its acquisition of Building Products of Canada, a manufacturer of residential roofing shingles and wood fiber insulation panels. The acquisition, which enhances Saint-Gobain’s presence in light and … Read the full press release

Voith Achieves Record-Breaking Start-Up of XcelLine Packaging Paper Machine in China

(IN BRIEF) Sichuan Huaqiao Fenghuang Paper successfully initiated its high-efficiency XcelLine packaging paper machine at the Guanghan site, with Voith as the full-line supplier for the project. The start-up set a record for the fastest initiation of such a paper … Read the full press release

Neste Partners with Suntory, ENEOS, and Mitsubishi to Produce Renewable PET Resin

(IN BRIEF) Neste has formed a collaboration with Suntory, ENEOS, and Mitsubishi Corporation to produce PET (Polyethylene Terephthalate) resin using Neste’s renewable feedstock, Neste RE™, on a commercial scale. Neste RE is derived from bio-based raw materials like waste and … Read the full press release

Georg Jensen to Open Flagship Store on London’s Bond Street in 2023

(IN BRIEF) Georg Jensen, a Danish jewellery designer, is set to open a new flagship store at 108 Bond Street by the end of 2023. The three-story store will cover approximately 5,000 sq ft and showcase the brand’s designer jewellery, … Read the full press release

Prime Warehouse Costs Surge Globally, Sydney Overtakes Hong Kong in Savills Report

(IN BRIEF) Total costs for prime warehousing space, including rents, service charges, and taxes, have increased by 10.1% over the 12 months leading up to June 2023, surpassing the 8% annual increase recorded between 2021 and 2022, according to Savills … Read the full press release