Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Hydro Secures 8-Year Renewable Energy Deal to Power Low-Carbon Aluminium Production

(IN BRIEF) Hydro Energi AS has signed a long-term power purchase agreement (PPA) with Skellefteå Kraft AB to supply 2 TWh of renewable energy to Hydro’s Norwegian aluminium plants from 2025 to 2032. This agreement supports Hydro’s efforts to produce … Read the full press release

YardStick Robotics Secures €1.4M in Funding to Develop Scalable AI Robotics Solutions

(IN BRIEF) YardStick Robotics, a subsidiary of Rheinmetall, has received €1.4 million in funding as part of the €52 million “RoX” research project supported by the German Federal Ministry for Economic Affairs and Climate Protection. The project aims to develop … Read the full press release

Indra and Barcelona Supercomputing Center Join Forces to Strengthen European Technological Sovereignty with Advanced Dual-Use Technologies

(IN BRIEF) Indra and the Barcelona Supercomputing Center (BSC) have signed an agreement to collaborate on developing dual-use technologies, including supercomputing, AI, and quantum systems, aimed at boosting Spain’s and Europe’s technological sovereignty. This partnership will focus on advancing key … Read the full press release

ENGIE Acquires First Biomethane Plant in Belgium to Boost Renewable Energy Production

(IN BRIEF) ENGIE has expanded its biomethane production in Europe by acquiring its first facility in Belgium, located in Bree. The plant, operational since 2013, will be converted to biomethane production by October 2024, with a capacity of 68 GWh … Read the full press release

Vienna-Prague Stock Exchange Group Launches World’s First DLT-Based Securities Settlement Platform

(IN BRIEF) The Central Securities Depository in Prague, part of the Vienna-Prague Stock Exchange Group, has become the first institution globally authorized under the EU’s DLT pilot regime to operate a distributed ledger technology (DLT) market infrastructure. Starting in November … Read the full press release

University of York Alumnus Daron Acemoglu Wins Nobel Prize for Research on Economic Prosperity and Institutions

(IN BRIEF) University of York alumnus Daron Acemoglu has been awarded the Nobel Prize in Economic Sciences, alongside Simon Johnson and James A. Robinson, for their research on how societal institutions influence a country’s economic prosperity. Their work highlights the … Read the full press release

VELUX Partners with ArcelorMittal to Reduce Carbon Footprint with Low-Emission Steel

(IN BRIEF) The VELUX Group has signed a 10-year agreement with ArcelorMittal to supply low-carbon XCarb® steel for its roof windows, reducing the carbon footprint of steel used in its products bym up to 70%. This collaboration follows successful tests … Read the full press release

Ericsson Wins 5G Contract with Chunghwa Telecom to Modernize Network and Boost Energy Efficiency

(IN BRIEF) Ericsson has secured a major 5G contract with Chunghwa Telecom, Taiwan’s leading service provider, to modernize its mobile network with energy-efficient 5G Radio Access Network (RAN) solutions. The contract includes the deployment of cutting-edge technologies like the dual-band … Read the full press release

Ericsson Expands R&D Focus in India to Boost 5G Innovation with Network APIs and AI

(IN BRIEF) Ericsson is expanding its R&D efforts in India, focusing on Network APIs and AI technologies to enhance 5G capabilities. These APIs will allow developers and industries to leverage advanced 5G features like network slicing and quality on demand. … Read the full press release

Thales Secures Contract to Supply Advanced Power Systems for KNDS Leopard 2 A8 Tanks

(IN BRIEF) Thales has been awarded a contract by KNDS to supply High-Power Solid-State Power Distribution Boards (SSPDB) for the Leopard 2 A8 tanks. These SSPDBs will enhance the tanks’ power management capabilities, offering protection against overcurrent and short circuits, … Read the full press release

Thales Radios Approved for NATO Deployment After Successful German Armed Forces Testing

(IN BRIEF) Thales radios, including the PR4G and SYNAPS-H models, successfully passed a four-week operational test by the German Armed Forces for deployment with NATO’s enhanced Forward Presence (eFP). The tests demonstrated the radios’ ability to provide secure, encrypted communication … Read the full press release

Thales Alenia Space Partners with OHB to Deliver Advanced Radar Instruments for ESA’s Climate Monitoring Harmony Mission

(IN BRIEF) Thales Alenia Space has signed a contract with OHB to develop two Synthetic Aperture Radar (SAR) instruments for ESA’s Harmony mission, part of the Earth Explorer program. The Harmony mission, expected to launch in 2029, will consist of … Read the full press release

EIB Group and Stand Speak Rise Up! Unite to Address Sexual Violence in Conflict Zones

(IN BRIEF) The European Investment Bank (EIB) Group hosted a special event focused on addressing sexual violence in conflict zones, featuring Her Royal Highness the Grand Duchess Maria Teresa of Luxembourg and women’s rights activist Chékéba Hachemi. The event highlighted … Read the full press release

CNP Caution and Garantme Partner to Enhance Access to Housing with New Rental Insurance Solution

(IN BRIEF) CNP Caution, a subsidiary of CNP Assurances, has partnered with Garantme to simplify access to housing through a new rental insurance solution. The partnership combines Garantme’s tech expertise with CNP Caution’s insurance experience, offering a rental deposit product … Read the full press release

Wolters Kluwer Ranked in Top Ten of RiskTech100® 2025, Wins Multiple Category Awards

(IN BRIEF) Wolters Kluwer has been ranked in the top ten of the prestigious Chartis RiskTech100® 2025 report, recognizing its expertise in risk and compliance technology. The company also won Category Awards for Liquidity Risk and Regulatory Intelligence. This ranking … Read the full press release

Zeppelin Systems Boosts Digital Sovereignty with CANCOM’s Centreon IT Monitoring Solution

(IN BRIEF) Zeppelin Systems has partnered with CANCOM to enhance its IT monitoring by implementing the Centreon IT Edition, a modern platform designed to improve efficiency, security, and digital sovereignty. The solution enables precise monitoring, faster problem detection, and automatic … Read the full press release

Bechtle Strengthens Cloud Capabilities with Acquisition of Kubernetes Specialist KubeOps

(IN BRIEF) Bechtle AG has acquired ARWINET GmbH and its spin-off, KubeOps GmbH, to expand its expertise in Kubernetes and cloud services. KubeOps, a Kubernetes Certified Service Provider, strengthens Bechtle’s ability to offer advanced container management solutions, especially for critical … Read the full press release

Fresenius Medical Care Unveils Xenios 2.0: Next-Generation ECLS System with Advanced Safety and Connectivity Features

(IN BRIEF) Fresenius Medical Care’s subsidiary, Xenios AG, has launched Xenios 2.0, a new system for extracorporeal life support (ECLS) that serves patients from neonates to adults. Approved under the new Medical Device Regulation (MDR), Xenios 2.0 offers advanced safety … Read the full press release

CompuGroup Medical Appoints Dr. Thomas Speckmann as Global Communications Head to Strengthen Corporate Strategy

(IN BRIEF) CompuGroup Medical (CGM) has appointed Dr. Thomas Speckmann as its Global Head of Communications, starting November 1, 2024. Dr. Speckmann, an experienced communications expert with a background in both politics and business, has previously worked with the Federal … Read the full press release

TMF Group Teams Up with Orange Business for Global Hybrid Cloud Solution to Enhance Performance and Flexibility

(IN BRIEF) TMF Group has partnered with Orange Business to implement a centralized hybrid cloud solution that integrates with Microsoft Azure and AWS, aiming to improve flexibility, collaboration, and performance across its global operations. The solution, built on Azure Stack … Read the full press release

Wayra Invests in AI Startup Perplexity, Expanding Telefónica’s AI Capabilities

(IN BRIEF) Wayra, Telefónica’s venture capital arm, has invested in U.S.-based AI startup Perplexity, which has developed an AI-powered answer engine that delivers real-time, contextual answers to user queries. Alongside the investment, Telefónica signed a global commercial agreement to offer … Read the full press release

BASF and Acadian Plant Health Partner to Launch Seaweed Biostimulants for Climate-Resilient Farming

(IN BRIEF) BASF has partnered with Acadian Plant Health™ to expand its BioSolutions portfolio by incorporating seaweed-based biostimulants. These biostimulants, derived from Ascophyllum nodosum, help crops withstand stressors like heat and drought, supporting sustainable agriculture. The collaboration will distribute these … Read the full press release

DHL Express Launches Label-Free Returns Service to Simplify and Green the Process

(IN BRIEF) DHL Express has launched a Label-Free Service for package returns, offering a more convenient and eco-friendly alternative to traditional printed labels. Customers now receive a QR code for returns, which they can show at DHL ServicePoints or to … Read the full press release

Deutsche Telekom and Broadcom Deepen Long-Standing Partnership to Enhance Cloud Solutions

(IN BRIEF) Deutsche Telekom’s subsidiary T-Systems has expanded its 20-year partnership with Broadcom, becoming a Pinnacle-tier VMware Cloud Service Provider, the highest status in Broadcom’s Advantage Partner Program. T-Systems will now offer managed private cloud services, including sovereign cloud services, … Read the full press release

Eni Honors Groundbreaking Energy and Sustainability Innovations at 2024 Awards Ceremony

(IN BRIEF) Eni held its 2024 Eni Award ceremony at the Quirinal Palace in Rome, recognizing outstanding achievements in energy and environmental research. The awards highlighted innovations in carbon capture, renewable energy, and sustainable technologies. Key winners included Marc Fontecave … Read the full press release

GEMs Consortium Reports Highlight Strong Credit Performance in Emerging Markets, Encourage Investment

(IN BRIEF) The GEMs Consortium, which includes 26 multilateral development banks and development finance institutions, has released two new reports offering in-depth insights into credit risks in emerging markets and developing economies (EMDEs). The reports reveal key data on default … Read the full press release

ANDRITZ and Cell Impact Join Forces to Supercharge High-Speed Bipolar Flow Plate Production

(IN BRIEF) Cell Impact has partnered with international technology group ANDRITZ to enhance large-scale production of bipolar flow plates for fuel cells and electrolyzers. The collaboration focuses on integrating ANDRITZ’s new Soucell welding system, capable of welding one bipolar plate … Read the full press release

Boehringer Ingelheim and WHO Foundation Collaborate to Boost Global Healthcare Access and Suicide Prevention Efforts

(IN BRIEF) Boehringer Ingelheim and the WHO Foundation have partnered to promote equitable healthcare access and suicide prevention, with a focus on vulnerable communities in the Americas. Boehringer Ingelheim pledged $5 million to support WHO’s 2025–2028 General Program of Work … Read the full press release

ESET Secures Strategic Leadership in 2024 EPR Report, Excels in Threat Detection and Response

(IN BRIEF) ESET has been recognized as a Strategic Leader for the fourth time in the AV-Comparatives 2024 Endpoint Prevention and Response (EPR) Comparative Report. ESET PROTECT Enterprise achieved the highest score for Prevention and Response, detecting 98% of threats … Read the full press release

New Guarantee Agreement Empowers Danish SMEs to Pursue Green Investments

(IN BRIEF) The European Investment Fund (EIF) and Ringkjøbing Landbobank have entered a groundbreaking guarantee agreement to facilitate DKK 320 million in funding for green investments by Danish small and medium-sized enterprises (SMEs) and mid-caps. Supported by the European Commission’s … Read the full press release

Strengthening Collaboration: CEB and EIB Group Unite to Tackle Social Challenges in Europe

(IN BRIEF) On October 14, 2024, the Council of Europe Development Bank (CEB) and the EIB Group, which comprises the European Investment Bank (EIB) and the European Investment Fund (EIF), convened in Paris to enhance collaboration in tackling the growing … Read the full press release

EIB Global Invests €2 Million in Vaccine Development at Akagera Medicines in Rwanda

(IN BRIEF) The European Investment Bank (EIB Global) has committed €2 million to support Akagera Medicines Africa Limited in Rwanda, facilitating the early-stage development of vaccines for infectious diseases, including tuberculosis, HIV, Ebola, and Lassa fever. This funding aims to … Read the full press release

Eviden Unveils Innovative “Cloud for Clinics” Platform to Transform Healthcare in DACH Region

(IN BRIEF) Eviden, a division of the Atos Group, has unveiled its “Cloud for Clinics,” a secure and pre-integrated platform tailored for healthcare providers in Germany and the DACH region, built on Amazon Web Services (AWS). This initiative aims to … Read the full press release

University of Liverpool and Roche Diagnostics Unite to Drive Health Innovation and Address Inequalities

(IN BRIEF) The University of Liverpool has signed a Memorandum of Understanding (MoU) with Roche Diagnostics UK and Ireland to enhance research and innovation focused on improving health outcomes and addressing health inequalities. This partnership aims to align with Roche’s … Read the full press release

Standard Chartered Unveils Straight2Bank Autoquote for Enhanced Digital Trade Finance

(IN BRIEF) Standard Chartered has launched a new digital feature called Autoquote on its Straight2Bank Next Gen platform, enabling clients worldwide to request and accept pricing quotations for letters of credit (LCs) conveniently and at any time. This innovative request … Read the full press release

NAGRAVISION Expands Entertainment Partner Ecosystem with Evergent to Enhance Multi-Service Commercialization

(IN BRIEF) NAGRAVISION has expanded its streaming partner ecosystem by integrating Evergent, a leader in customer management and monetization for streaming services. This partnership aims to enhance multi-service entertainment offerings by providing personalized consumer experiences and targeted marketing solutions. The … Read the full press release

Shore Power Implementation at APM Terminals Maasvlakte II Set for 2028, Targeting Major CO2 Reductions

(IN BRIEF) APM Terminals Maasvlakte II (APMT MVII) has announced plans to install shore power at its terminal by 2028, marking a significant advancement in sustainability efforts at the Port of Rotterdam. This initiative, developed in partnership with Rotterdam Shore … Read the full press release

Sony Unveils New Scarlet Hue for Xperia 1 VI, Merging Performance with Style

(IN BRIEF) Sony has launched its flagship smartphone, the Xperia 1 VI, in a new striking color called scarlet. This vibrant hue enhances the device’s sophisticated design, complemented by a luxurious matte finish while retaining all the advanced features of … Read the full press release

Sony Enhances Remote Camera Functionality with Latest SDK Updates, Expanding Compatibility and Features

(IN BRIEF) Sony has announced the upcoming release of Version 1.13 of its Camera Remote SDK, set to launch on October 16, 2024. This update expands compatibility to include new camera models such as the ZV-E10 II, PXW-Z200, and HXR-NX800, … Read the full press release