Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Zalando builds a cross‑category Beauty hub with AI tools, creator Boards and live content as it expands to 14 European markets

(IN BRIEF) Zalando is rapidly scaling its Beauty business with curated assortments, creator-led content and AI-powered tools that mirror how customers shop across categories. Seventy-six percent of users already buy from multiple propositions, so features like Mix and Match and … Read the full press release

Stadler FLIRTs hit 300 million km for MÁV, saving €250 million in energy and cutting 2 million tonnes of CO₂ while only a third through their lifespan

(IN BRIEF) MÁV’s 123 Stadler FLIRT trains have clocked over 300 million kilometres since entering service in 2007, yet they have only used about a third of their planned lifespan. Their efficient electric traction has already saved roughly €250 million … Read the full press release

Safran closes $1.8 billion deal for Collins Aerospace flight control and actuation unit, adding 4,000 staff and 180-platform footprint

(IN BRIEF) Safran has closed the $1.8 billion purchase of Collins Aerospace’s flight control and actuation operations, adding 4,000 employees, eight major sites in Europe and Asia, and technology installed on 180 aircraft platforms. The acquired unit posted $1.55 billion in 2024 … Read the full press release

BUKO accelerates UK growth by acquiring London specialist Keltic to advance its leadership in temporary traffic management

(IN BRIEF) BUKO Group has acquired London-based Keltic Traffic Management, strengthening its UK presence and advancing its goal of market leadership in temporary traffic management. Backed by Equistone since February 2023, BUKO has pursued rapid expansion, buying Road Traffic Solutions … Read the full press release

Kuehne+Nagel opens integrated Tababela logistics hub to unite Quito teams and expand refrigerated capacity for Ecuador’s trade

(IN BRIEF) Kuehne+Nagel has opened a state‑of‑the‑art logistics centre in Tababela, Quito, consolidating its Ecuadorian operations and offices to improve efficiency and coordination. The site includes 2,280 m² of refrigerated storage, a 6,445 m² manoeuvring yard, 25 docks and 795 … Read the full press release

Amey returns to Australia with acquisition of Brisbane-based Premise to boost life-cycle engineering and decarbonisation services

(IN BRIEF) Amey has re-entered Australia by acquiring Brisbane-based Premise, a multidisciplinary consultancy respected for its work across the built environment, water, environmental & renewables and transport sectors. The move strengthens Amey’s life-cycle engineering, operations and decarbonisation offering and advances … Read the full press release

AF Bygg Väst to deliver five-storey multi-sports hall in Slottsskogen for SEK 215 million with completion set for 2027

(IN BRIEF) AF Bygg Väst, part of AF Gruppen Sweden, won a SEK 215 million (excl. VAT) contract to build a five-storey, 6,750 m² multi-sports hall in Slottsskogen, Gothenburg. Commissioned by the City’s Sports and Associations Administration, the project will … Read the full press release

Sanofi moves to buy Vicebio in a $1.15 billion deal, adding a Molecular Clamp platform and an RSV–hMPV combo vaccine to its respiratory arsenal

(IN BRIEF) Sanofi has agreed to acquire UK-based Vicebio for $1.15 billion upfront plus up to $450 million in milestones, with closing anticipated in Q4 2025. The deal adds an early-stage bivalent RSV/hMPV vaccine (VXB‑241, in Phase 1 for older adults) and … Read the full press release

Lightning silently fells 320 million trees a year as TUM study reveals near wildfire-level CO₂ emissions

(IN BRIEF) TUM researchers estimate that lightning kills about 320 million trees each year—damage that has been difficult to detect and previously underestimated. By augmenting the LPJ-GUESS global vegetation model with observational data and global lightning patterns, the team quantified … Read the full press release

Wealth investors show strong appetite for transition investing as Standard Chartered study flags education gaps and risk concerns

(IN BRIEF) Standard Chartered’s Sustainable Banking Report 2025 finds that 87% of surveyed high‑net‑worth investors are keen on transition investing, while 83% remain interested in sustainable investing overall. The study—covering 1,600 investors across eight Asian and Middle Eastern markets—shows strongest … Read the full press release

KUKA invites global teams to solve the Circular Packaging Challenge with robots and AI, offering free hardware and a €20,000 prize at interpack 2026

(IN BRIEF) KUKA has opened submissions for the 2026 Innovation Award under the theme “Circular Packaging Challenge,” aiming to find robotic and AI-driven solutions that make packaging more sustainable in light of the EU Packaging Regulation and industry demands for … Read the full press release

Gesalife activates first ANDRITZ neXline crosslapped spunlace system, hitting 1,000 kg/hour output and 130 m/min crosslapper speed

(IN BRIEF) Hubei Gesalife Industry Co., Ltd. has commissioned its first ANDRITZ neXline spunlace line in a crosslapped configuration, achieving stable, efficient operation since late 2024. The line can produce up to 1,000 kg/hour of spunlace roll goods, with a … Read the full press release

Linde accelerates U.S. space launch support with major gas capacity boosts in Florida and a new Texas ASU coming online by 2026–2027

(IN BRIEF) Linde has signed two new long-term agreements to supply bulk industrial gases for U.S. rocket launches and will invest accordingly in two key sites. The company will expand its Mims, Florida facility—previously enlarged in 2020 and 2024—to add … Read the full press release

Cosmic rays set the score as Glasgow physicist and artist unveil the Muonophone at Edinburgh Fringe

(IN BRIEF) University of Glasgow physicist Dr David Mahon and artist/instrument maker Lomond Campbell have created the Muonophone, a hand-built device that converts detections of cosmic-ray muons into live music and visuals. Rooted in Mahon’s muography research—using muons to map … Read the full press release

Aviva Launches Upgraded Freight Liability Insurance with Expanded Cover Conditions and Economy Option

(IN BRIEF) Aviva has upgraded its Freight Liability insurance, now live on Acturis E‑Trade and Fast Trade, introducing higher coverage limits, a wider array of carriage conditions (including Logistics UK and BIFA), and a new ‘economy’ cover for lower‑risk goods. … Read the full press release

EIF Commits €75 Million to Serena Infra II for Green Infrastructure Expansion

(IN BRIEF) The EIF has invested €75 million in Serena Infra II—managed by Serena Industrial Partners—with a €250 million target to fund early‑stage sustainable mobility, water, social, digital infrastructure, and energy transition projects across Europe; supported by the EU’s InvestEU programme and … Read the full press release

EBRD Provides €90 Million to ENGIE Romania for 250 MW Renewable Expansion

(IN BRIEF) The EBRD has committed a €90 million loan to ENGIE Romania to fund at least 250 MW of new solar and wind projects by 2028, marking the first joint renewable energy partnership between the two institutions; ENGIE Romania, part of … Read the full press release

Westinghouse‑Led Consortium Completes Decommissioning of Two Bohunice VVER‑440 Reactors

(IN BRIEF) The BIDSF decommissioning project at Bohunice NPP in Slovakia has successfully dismantled two VVER‑440 pressurized water reactors and their supporting systems under a €100 million‑plus contract led by Westinghouse and VUJE; 6,700 tonnes of radioactive structures were safely removed using … Read the full press release

EBRD and Partners Unlock €55 Million for SAHAM Bank’s Green Financing Initiative

(IN BRIEF) The EBRD, supported by the EU, GCF, and Canada through HIPCA, has extended up to €55 million in green financing to SAHAM Bank under Morocco’s Decarbonisation and Climate Resilience programme; this GEFF Plus package—comprising €6.25 million from GCF … Read the full press release

Perse Technology Partners with EDF to Hit Emissions and Cost Reduction Targets for SMEs

(IN BRIEF) Perse Technology has partnered with EDF to roll out the Optimise Platform, enabling UK SMEs to evaluate and implement cost‑effective, low‑carbon solutions such as solar panels and heat pumps without onsite surveys; the data‑driven tool calculates both financial … Read the full press release