Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Holcim in 1H2021: new records in Recurring EBIT, free cash flow and earnings per share

Growth momentum continues, net sales +16.6% LFL Significant margin increase in all regions, Recurring EBIT +72.2% LFL Record Free Cash Flow1 of CHF 814m, +9% 7 bolt-on acquisitions, successful start of Firestone Building Products Guidance for FY2021 Recurring EBIT growth … Read the full press release

Saab AB shares buy-back: 444.000 own shares of series B repurchased during week 29-30 2021

(PRESS RELEASE) STOCKHOLM, 30-Jul-2021 — /EuropaWire/ — Saab AB (STO: SAAB-B), leading company in the military defence and civil security markets, has announced the number of shares of series B it bought during week 29-30 2021 as part of the … Read the full press release

Siemens Gamesa in 3QFY2021: order backlog increase underlines further commitments to a decarbonized economy

Order backlog amounted to €32.6bn, underpinned by further commitments to a decarbonized economy; Siemens Gamesa logged €11.8bn order intake in the last twelve months Rising commodity prices and higher ramp-up costs for the 5.X platform resulted in provisions for onerous … Read the full press release

CSA Research’s New Localization Intelligence Analyzer, powered by LocHub, Helps Organizations Improve their Website’s Effectiveness for Global Customers

New service measures and analyzes best practices and competitive differentiators across a broader sample of websites in today’s customer-focused digital experience (PRESS RELEASE) BOSTON, MA, United States, 28-Jul-2021 — /EuropaWire/ — Many businesses want to delight customers around the world … Read the full press release

Customer Data Platform Industry Accelerated During Pandemic: CDP Institute Report

CDP Institute Logo New

(PRESS RELEASE) MILFORD, CT, United States, 28-Jul-2021 — /EuropaWire/ — Customer Data Platform (CDP) vendors grew at a record pace during the first half of 2021, according to the CDP Institute’s latest Industry Update report. The semi-annual report found that … Read the full press release

Digi Communications N.V. announces that two of its subsidiaries entered into two facility agreements

(PRESS RELEASE) BUCHAREST, Romania, 27-Jul-2021 — /EuropaWire/ — Digi Communications N.V. (The Company) would like to inform its investors and the market that on 21 and 26 July 2021, the Company’s Romanian and Spanish subsidiaries, each acting as borrowers, entered … Read the full press release

Introducing Cap Expand Partners, Helping Business Leaders Break International Barriers

Sergio van Luijk, Managing Director at Cap Expand Partners

Cap Expand Partners assist international business leaders in acquiring companies in Europe (PRESS RELEASE) RIEMST, Belgium, 27-Jul-2021 — /EuropaWire/ — Financial consulting company Cap Expand Partners are pleased to announce a fresh new approach to business acquisitions, financing, and exit strategies. … Read the full press release

Lloyds Bank Recovery Tracker June 2021: UK hospitality businesses grow at the fastest rate in nine years

UK tourism and recreation sector output grew at the fastest rate since January 2012. The output of every UK sector monitored grew for a third consecutive month in June. However, only five out 14 sectors posted faster month-on-month growth down … Read the full press release

The German Academic Exchange Service (DAAD) to support the establishment of AI Schools aimed at attracting national and international AI talent

(PRESS RELEASE) BONN, 21-Jul-2021 — /EuropaWire/ — The German Academic Exchange Service (DAAD), world’s largest funding organisation for the international exchange of students and researchers, has announced the expansion of its range of funding opportunities relating to artificial intelligence (AI). … Read the full press release

Schroders Capital managed fund aimed at European sub-investment grade infrastructure debt opportunities reached the €1 billion hard cap fundraising target

(PRESS RELEASE) LONDON, 21-Jul-2021 — /EuropaWire/ — Schroders Capital, $65 billion AUM, 257 investment professionals, 19 offices worldwide, has announced that it has reached the €1 billion hard cap fundraising target for the Schroder Euro Enhanced Infrastructure Debt Fund II … Read the full press release

French mass-market retailer Casino Group extends syndicated credit facility maturity from 2.2 years to 4.6 years on average

(PRESS RELEASE) PARIS, 20-Jul-2021 — /EuropaWire/ — French mass-market retail company Casino Group (EPA: CO) has announced that it has extended the maturity and improved the financial conditions of its main syndicated credit facility, originally set to mature in October … Read the full press release

BNP Paribas completes Exane acquisition

(PRESS RELEASE) PARIS, 13-Jul-2021 — /EuropaWire/ — BNP Paribas (EPA: BNP), European Union’s leading bank, has announced the completion of the acquisition of Exane, one of the main investment companies in Europe. The banking group has now received all necessary … Read the full press release

Citra Living: Lloyds Banking Group enters the private rental sector to help expand availability of quality and affordable homes in UK

(PRESS RELEASE) LONDON, 7-Jul-2021 — /EuropaWire/ — British financial institution, Lloyds Banking Group announces its entry into the private rental market by launching Citra Living, as part of its commitment to Helping Britain Recover and helping to expand the availability … Read the full press release

Hong Kong’s Innovation and Technology Venture Fund Becomes Strategic Financial Investor of Ignatica

The Innovation and Technology Venture Fund (ITVF) invested in its first insurtech startup, Switzerland, and Hong Kong-based Ignatica, the insurance policy administration platform. (PRESS RELEASE) ZÜRICH, 7-Jul-2021 — /EuropaWire/ — Ignatica, the insurance policy administration platform that offers digital self-service … Read the full press release

Personalised financial advice startup Radicant selects Swisscom and Finnova for technology and outsourcing support

(PRESS RELEASE) BERN, 6-Jul-2021 — /EuropaWire/ — Swisscom announces that it has been chosen, together with Finnova, to provide the digital foundation for the strategic investment of the Basellandschaftliche Kantonalbank. Radicant, a digital financial services provider specialising in sustainability, will … Read the full press release

INEOS accelerates and diversifies its clean hydrogen strategy by investing in HydrogenOne

INEOS Energy has agreed to purchase 25 million shares in the forthcoming IPO of HydrogenOne Capital Growth plc, representing 10% of the target fund raise of £250 million. Brian Gilvary Executive Chairman of INEOS Energy said, “The INEOS investment in HydrogenOne will … Read the full press release

EBRD provides financing for digital transformation of electricity distribution network in Romania

RON-equivalent of €40 million to help build resilient electricity distribution network in Romania Digitalisation to lead to greater operational efficiency Smart grid will promote integration of renewable projects (PRESS RELEASE) LONDON, 2-Jul-2021 — /EuropaWire/ — European Bank for Reconstruction and … Read the full press release

Bronson Albery to lead Real Estate Banking EMEA at Barclays Investment Bank

(PRESS RELEASE) LONDON, 28-Jun-2021 — /EuropaWire/ — Barclays Investment Bank, a British multinational investment bank, has announced the appointment of Bronson Albery as Head of Real Estate Banking for Europe, Middle East and Africa (EMEA). He joins in August and … Read the full press release

Deutsche Bank to upgrade its existing databases to Oracle Exadata Cloud@Customer

Deutsche Bank selects Oracle Exadata Cloud@Customer to consolidate key databases in its selected data centers Companies form innovation partnership to modernize Deutsche Bank’s mission-critical databases and enable new financial products and services (PRESS RELEASE) FRANKFURT AM MAIN, 24-Jun-2021 — /EuropaWire/ … Read the full press release

Aviva’s property and facilities director Stuart Wright awarded the Living Wage Lifetime Achievement Award

Stuart guided Aviva to its accreditation in 2012, and then oversaw the insurer becoming a Principal Partner organisation and joining the Foundation’s Advisory Council in 2014 In 2016, Stuart demonstrated his commitment to the movement by becoming the second Chair … Read the full press release

EBRD appoints Elisabetta Falcetti as the new Head for Poland

(PRESS RELEASE) LONDON, 15-Jun-2021 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) announces the appointment of Elisabetta Falcetti as the new Head in in central Europe and the Baltic states (CEB). EBRD President Odile Renaud-Basso has formally introduced … Read the full press release

Aegon names Allegra van Hövell-Patrizi as CEO of Aegon the Netherlands

(PRESS RELEASE) THE HAGUE, 15-Jun-2021 — /EuropaWire/ — Dutch multinational life insurance, pensions and asset management company, Aegon announces the appointment of Allegra van Hövell-Patrizi (1974) as the new CEO of Aegon the Netherlands. Allegra succeeds Maarten Edixhoven and is … Read the full press release

Dave Gledhill named new Group Chief Operating Officer (COO) at Lloyds Banking Group

(PRESS RELEASE) LONDON, 14-Jun-2021 — /EuropaWire/ — British financial institution Lloyds Banking Group plc announces the appointment of David Gledhill as Group Chief Operating Officer. Mr Gledhill will join the Group, subject to regulatory approval, as Group Chief Operating Officer … Read the full press release

EBRD highlights its strong commitment to promoting gender equality by joining initiative to step up women empowerment

2X Challenge plans to raise US$ 15 billion by end-2022 Enhancing women’s access to entrepreneurship and leadership opportunities (PRESS RELEASE) LONDON, 9-Jun-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that it has joined the 2X … Read the full press release

Polish Green Building Council and EBRD publish new report on ambitious roadmap to decarbonise Poland’s construction sector by 2050

(PRESS RELEASE) LONDON, 9-Jun-2021 — /EuropaWire/ — New study published today by the Polish Green Building Council (PLGBC) in cooperation with the European Bank for Reconstruction and Development (EBRD) outlines how buildings play a crucial role in Poland’s effort to … Read the full press release

Erste Group joins European Union’s newly established economic stimulus programme

European Union will issue up to 800 billion euros by end-2026 to finance EU’s recovery Erste Group only bank with key focus on CEE region in EU’s Primary Dealer Network (PRESS RELEASE) VIENNA, 4-Jun-2021 — /EuropaWire/ — Erste Group announces … Read the full press release

ŠKODA AUTO supports the fight against COVID-19 pandemic in India with one million euro worth donation

As the Volkswagen Group brand responsible for the region, ŠKODA AUTO donates one million euros to help fight the COVID-19 pandemic in India First part of in-kind and monetary donations is already on their way to the destination Czech car … Read the full press release

Digi Communications N.V. announces the exercise of stock options by the Executive Director of the Company pursuant to the decision of the Company’s general meeting of shareholders dated 30 April 2020 and in accordance with the stock option plan approved at the level of the Company in 2017

(PRESS RELEASE) BUCHAREST, Romania, 28-May-2021 — /EuropaWire/ — The Company would like to inform the market and its investors that on May, 27, 2021, Mr. Valentin Popoviciu, Executive Director of the Company, has exercised his stock options, which have vested … Read the full press release

SEB appoints Mats Holmström as Chief Risk Officer

(PRESS RELEASE) STOCKHOLM, 25-May-2021 — /EuropaWire/ — Swedish financial group Skandinaviska Enskilda Banken AB (SEB) announces the appointment of Mats Holmström as Chief Risk Officer (CRO) and member of the Group Executive Committee. Mats, currently Head of Corporate Banking in … Read the full press release

Digi Communications NV announces the availability of the instructions on the 2020 share dividend payment

(PRESS RELEASE) BUCHAREST, Romania, 24-May-2021 — /EuropaWire/ — Digi Communications NV (The Company) would like to inform its shareholders and the market that, on 24 May 2021, were made available the detailed instructions regarding the payment of the dividend in … Read the full press release