(IN BRIEF) The European Investment Bank (EIB) has provided a €430 million loan to Adif Alta Velocidad (Adif AV) for the construction of the “Y vasca” high-speed rail line connecting Vitoria/Gasteiz, Bilbao, and Donostia/San Sebastián in Spain’s Basque Country. This … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Spain, Technology
Tagged Adif Alta Velocidad (Adif AV), Basque, EIB, High-Speed Rail Project, partnership, Ricardo Mourinho Félix, Spain, sustainability, Trans-European Transport Network (TEN-T), Y vasca
(IN BRIEF) International technology group ANDRITZ reported a stable performance in the first half of 2024 despite challenging economic conditions. Revenue decreased slightly by 3.0% to €3,986.6 million, while order intake dropped by 18.4% to €3,845.4 million due to fewer … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, economic, Financial, investment, Joachim Schönbeck
(IN BRIEF) The European Investment Bank (EIB) and Greece’s four systemic banks—Alpha Bank, National Bank of Greece, Eurobank, and Piraeus—have introduced a €700 million guarantee programme to support mid-cap businesses. This initiative aims to facilitate €1.4 billion in new financing … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Greece, Industrial, Investment, Luxembourg, News, Small Business
Tagged Alpha Bank, EIB, Eurobank, Greece, Mid-Caps, National Bank of Greece, Panagiotis Lymperopoulos, partnership, Piraeus, SMEs, sustainability, Theodore Tzouros, Vassilis Karamouzis, Yannis Emiris, Yannis Tsakiris
(IN BRIEF) The European Investment Bank (EIB) released its 2023 Sustainability Report, highlighting major achievements in climate action. EIB-financed projects are expected to cut greenhouse gas emissions by 5.2 million tonnes, equivalent to the carbon footprint of 520,000 European households. … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Luxembourg, Management, News
Tagged 2023 Sustainability Report, Ambroise Fayolle, Climate Achievements, EIB Group
(IN BRIEF) TAKKT has strengthened its resilience in the first half of 2024 by increasing its gross profit margin to 40.5% and streamlining cost structures, resulting in a slight increase in free cash flow to €25.6 million. Despite a 17.7% … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Retail
Tagged Andreas Weishaar, economy, Financial, investment, Maria Zesch, resilience, retail, TAKKT
(IN BRIEF) In Q2 2024, Vossloh Group demonstrated strong performance with an 11.7% increase in orders received, totaling €769.6 million, and maintained stable EBIT at €49.5 million, slightly above last year’s €49.3 million. Despite a 6.6% decline in sales revenues … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, Investment, News, Technology
Tagged Financial, investment, Oliver Schuster, Vossloh Group
(IN BRIEF) The European Investment Bank (EIB) has provided a €390 million loan to Greek energy supplier DEPA Commercial SA to build and operate solar-energy farms in Greece. This loan supports DEPA’s €500 million renewable energy investment plans, with new … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged DEPA Commercial, EIB, Greece, Ioannis Papadopoulos, Ioannis Tsakiris, Konstantinos Xifaras, Kostis Hatzidakis, Large-Scale Solar Projects, partnership, sustainability, Theodoros Skylakakis
(IN BRIEF) Stora Enso reported a slight decrease in Q2 2024 sales but saw significant improvements in adjusted EBIT and cash flow. Key highlights include successful value creation and profit improvement programmes, a major investment in the Oulu mill, and … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Hans Sohlström, investment, Stora Enso
(IN BRIEF) A new EIB report identifies significant financing barriers for European scale-ups and calls for the development of a comprehensive European capital markets union. Despite support from the EIB Group, scale-ups face challenges in raising capital, leading to slower … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Barriers, Capital Markets Union, Debora Revoltella, EIB, European Scale-Ups, financing, Nadia Calviño, Ursula von der Leyen
(IN BRIEF) DWS has appointed Samantha Alexander as Country Officer for the UK, in addition to her role as Chief Operating Officer. Samantha will join the EMEA Leadership Council and oversee UK operations, contributing to DWS’s corporate strategy and managing … Read the full press release
Posted in Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, News, United Kingdom
Tagged appointment, Country Officer, DWS UK, leadership, Samantha Alexander
(IN BRIEF) Lloyds Banking Group is taking significant steps to alleviate the UK’s social housing shortage through the redevelopment of decommissioned data centres and former office sites into new affordable homes. Starting with a project in Pudsey, West Yorkshire, the … Read the full press release
(IN BRIEF) Crédit Agricole S.A. has appointed Hubert Reynier as the Group Chief Compliance Officer, effective July 15th, 2024, following the retirement of Martine Boutinet. Reynier, who has been with Crédit Agricole since 2010, previously served as the Senior Country … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Industrial, Investment, Management, News
Tagged appointment, Crédit Agricole S.A., Group Chief Compliance Officer, Hubert Reynier, leadership, Martine Boutinet
(IN BRIEF) Allianz has partnered with football star Harry Kane, naming him as their global brand ambassador. Kane, known for his football prowess and advocacy for mental health, will collaborate with Allianz on marketing initiatives aimed at inspiring the next … Read the full press release
Posted in Banks, Business, Economy, Financial, Germany, Industrial, Insurance, Investment, Management, Marketing, News, Sports
Tagged Allianz, Bernd Heinemann, Football Star, Global Brand Ambassador, Harry Kane, marketing, partnership, sports
(IN BRIEF) The European Investment Bank (EIB) is extending a €435 million credit to Stora Enso to upgrade its Oulu manufacturing site for producing eco-friendly, fiber-based packaging for food and personal care products. This investment aims to reduce plastic reliance … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Luxembourg, Management, News, Technology
Tagged EIB, Finland, Kaarlo Höysniemi, Oulu, Packaging Transformation, partnership, Stora Enso, sustainability, Thomas Östros
(IN BRIEF) The European Investment Bank (EIB) and Poste Italiane have signed a €450 million finance contract to modernize and digitalize Poste Italiane’s logistics and postal services. This funding will be used to establish new automated parcel sorting centers, including … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Italy, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged digital, EIB, Gelsomina Vigliotti, investment, Italy, logistics, Matteo Del Fante, partnership, Poste Italiane, sustainability
(IN BRIEF) Creas Impacto II, supported by EIF, ICO, the Carasso Foundation, and private investors, targets a €70 million fund size under the InvestEU program. The fund, managed by CREAS, focuses on investing in about 12 growth-stage companies in Spain … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Spain
Tagged Carasso Foundation, CREAS, Creas Impacto II, EIF, EU, ICO, José Carlos García de Quevedo, Lucía Casani, Luis Berruete, Marjut Falkstedt, partnership, private investors, Spain, sustainability
(IN BRIEF) Germany aims for climate neutrality by 2045, focusing on transforming heating systems in major cities like Berlin, Hamburg, Munich, and Cologne. E.ON’s latest data highlights the prevalence of district heating and the adoption of heat pumps, alongside challenges … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities
Tagged 2045 goal, Berlin, buildings, climate neutrality, CO2 emissions, CO2 reduction, Cologne, decarbonization, digital energy management systems, digital tools, district heating, E.ON, E.ON heat map, energy efficiency, energy solutions, financial benefits, fossil fuel heating systems, gas, German government, Germany, Hamburg, heat pumps, heat transition, heating plans, heating technologies, local authorities, major cities, Marc Spieker, Munich, oil, primary energy consumption, private homeowners, renovation, renovation rates, RWTH Aachen University, sustainability, sustainable heating plans., transparency, urban centers
(IN BRIEF) A joint study by Vodafone Business and the London School of Economics has uncovered a significant “Trust Gap” between businesses and their customers, averaging 11 percentage points across global markets. This gap highlights businesses’ underestimation of the importance … Read the full press release
Posted in Artificial Intelligence (AI), Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Telecom, United Kingdom
Tagged AI, Amanda Jobbins, businesses, customers, London School of Economics (LSE), Matthew Syed, vodafone, Vodafone Business
(IN BRIEF) SIX and Avaloq have jointly launched the Independent Valuation Service for financial instruments, addressing the global need for impartial end-of-day valuations. This service, accessible via the CONNEXOR API, supports asset managers, custodians, and financial institutions in client reporting, … Read the full press release
(IN BRIEF) CNP Seguradora, a subsidiary of CNP Assurances in Brazil, has signed a significant 20-year agreement with Banco de Brasília (BRB) for the exclusive distribution of consortium and capitalization products. This partnership aims to bolster CNP Assurances’ expansion strategy … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Insurance, Investment, Management, News
Tagged Banco de Brasília, Brazil, CNP Assurances, CNP Seguradora, Marie-Aude Thépaut, partnership
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. Here you can learn more about EuropaWire’s mission, achievements, services, etc.
HOW TO GET STARTED?