Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Thales and Dstl Unveil Cutting-Edge Hybrid Testing Hub for Crewed and Autonomous Military Systems

(IN BRIEF) Thales UK, in collaboration with Dstl, Catalyst, and DCE, is developing a hybrid digital twin testing environment for crewed and uncrewed land robotic systems under the Land Digital Robotics and Autonomous Systems Integration Capability (L-DRIC) project. This hybrid … Read the full press release

Thales and Underwood Innovation Labs to Create Advanced Air Mobility Centre in Queensland

(IN BRIEF) Thales Australia and Underwood Innovation Labs have partnered to establish an Advanced Air Mobility (AAM) Centre of Excellence in Queensland. This facility aims to support the development of unmanned aerial vehicle (UAV) systems by providing access to cutting-edge … Read the full press release

Modern Design and Sustainability Elevate Patient Care at Helsingør Sundhedshus with Lindner RIBline Cladding

(IN BRIEF) The Helsingør Sundhedshus health center in Denmark, part of Nordsjællands Hospital, has embraced modern design and sustainability with the installation of 2,500 m² of Lindner RIBline lamella wall and ceiling cladding. This enhances patient wellbeing by creating a … Read the full press release

Infineon and Oxford Ionics to Develop Mobile Quantum Computer for German Cybersecurity

(IN BRIEF) Infineon Technologies and Oxford Ionics have been selected to build a mobile quantum computer for Germany’s Cyberagentur. The project aims to deliver a robust, compact system capable of operating in real-world conditions, using ion-trap technology and scalable to … Read the full press release

ZF Unveils Groundbreaking Hydrogen Recirculation Blower for Fuel Cell-Powered Commercial Vehicles

(IN BRIEF) ZF Commercial Vehicle Solutions has unveiled its Hydrogen Recirculation Blower at IAA Transportation 2024. The blower, which works with ZF’s Fuel Cell Air Compressor, improves hydrogen efficiency and performance in fuel cell-powered commercial vehicles. This innovation is part … Read the full press release

Voith and Trützschler Establish First International Safety Standard for Wet-Laid Nonwoven Machinery

(IN BRIEF) Voith and Trützschler have collaborated to create the first international safety standard, ISO 22291, for wet-laid nonwoven machinery. This new standard streamlines the complex safety requirements for machines used in the production of nonwoven materials, which are essential … Read the full press release

Borealis Commits to Finnish Circular Economy Green Deal, Driving Sustainability in Plastics Production

(IN BRIEF) Borealis has joined the Finnish Environment Ministry’s Circular Economy Green Deal, committing to promoting a low-carbon, circular economy. The company plans to use 30 kilotons of Finnish plastic waste as raw material by 2035 and improve its energy … Read the full press release

FDA Approves AstraZeneca’s Fasenra for Eosinophilic Granulomatosis with Polyangiitis, Offering New Hope for Patients

(IN BRIEF) AstraZeneca’s Fasenra (benralizumab) has been approved by the US FDA for the treatment of eosinophilic granulomatosis with polyangiitis (EGPA), a rare immune-mediated vasculitis that can be fatal without treatment. The approval is based on results from the MANDARA … Read the full press release

Ørsted and Equinor Partner in Major Carbon Removal Deal to Drive Negative Emissions

(IN BRIEF) Ørsted has entered into an agreement with Equinor to supply 330,000 tonnes of carbon dioxide removal (CDR) credits over ten years, as part of Ørsted’s Kalundborg CO2 Hub project. This project, starting in 2026, will capture 430,000 tonnes … Read the full press release

Port of Rotterdam Hits 500,000 Secure Chain Containers, Strengthening Global Import Security

(IN BRIEF) The Port of Rotterdam has successfully processed its 500,000th import container through the Secure Chain system, which replaces the traditional PIN code method for container collection with a secure, digital process. This system ensures that only authorized parties—shipping … Read the full press release

Quimicolor Launches First Spunlace Production Facility in Colombia with ANDRITZ Technology

(IN BRIEF) Quimicolor has opened the first spunlace production facility in Colombia with the support of ANDRITZ technology, marking a major step forward in local manufacturing. The new facility, located in Guarne, can produce 10,000 tons of nonwoven material annually, … Read the full press release

Metso Boosts Digital Innovation with New Development Hub in Poland

(IN BRIEF) Metso has opened a Digital Design and Development Studio in Krakow, Poland, as part of its strategy to accelerate digital transformation in the minerals processing industry. The new facility will focus on developing advanced solutions using AI, data … Read the full press release

Å Energi Secures NOK 1 Billion Loan from NIB for Power Grid Expansion in Southern Norway

(IN BRIEF) Å Energi has partnered with the Nordic Investment Bank (NIB) to secure a NOK 1 billion loan aimed at upgrading and expanding the electricity grid in Southern Norway’s Agder and Buskerud counties. The 10-year loan will finance 22 … Read the full press release

CapMan Real Estate and Riksbyggen Forge Strategic Partnership for Residential Property Management in Sweden

(IN BRIEF) CapMan Real Estate has entered a strategic partnership with Riksbyggen to manage its residential properties across Sweden. The collaboration aims to provide high-quality living environments by focusing on tenant satisfaction, safety, and sustainability. CapMan is expanding its investments … Read the full press release

iF Design Launches “Future of XYZ” Podcast to Explore the Future of Design and Innovation

(IN BRIEF) iF Design has launched a new podcast series called Future of XYZ, hosted by Lisa Gralnek, Managing Director of iF Design USA. The bi-weekly podcast explores the role of design in shaping the future across fields like science, … Read the full press release

Saab Completes Delivery of Fifth GlobalEye AEW&C Aircraft to United Arab Emirates, Strengthening Strategic Partnership

(IN BRIEF) Saab has successfully delivered the fifth and final GlobalEye Airborne Early Warning and Control (AEW&C) aircraft to the United Arab Emirates (UAE), completing the series of deliveries that began in 2020. The advanced multi-domain surveillance system, equipped with … Read the full press release

Saab Delivers Cutting-Edge TAIPAN Radar Systems to British Army, Marking a New Era in Artillery Hunting Technology

(IN BRIEF) Saab has successfully delivered five next-generation TAIPAN artillery hunting radar systems to the British Army, replacing the older MAMBA radar. The advanced TAIPAN systems, now operational with the 5th Regiment Royal Artillery, offer improved deployment speed, mobility, and … Read the full press release

Sener Hosts EDI TalkS in London, Focusing on Generational and Cultural Diversity to Boost Team Performance

(IN BRIEF) Sener held an EDI TalkS session in London on September 9, 2024, focusing on the value of generational and cultural diversity within teams. Led by Moisés Jimenez and Ana Úsar, the session emphasized the importance of cognitive diversity, … Read the full press release

GKN Aerospace Expands Swedish Facility to Boost Advanced Aero-Engine Production

(IN BRIEF) GKN Aerospace is expanding its state-of-the-art aero-engine manufacturing facility in Trollhättan, Sweden by 5,000 square meters to meet growing demand in the aerospace industry. The facility will incorporate advanced digital processes, automation, and robotics, boosting production capacity for … Read the full press release

Eviden Secures Multi-Million Euro Contract to Boost Berzelius Supercomputer’s AI Performance at Linkoping University

(IN BRIEF) Eviden, part of the Atos Group, has secured a multi-million euro, four-year contract to enhance the Berzelius supercomputer at Linkoping University, Sweden. The upgrade will add 512 PetaFlops of FP8 AI performance through the integration of 16 NVIDIA … Read the full press release

Rheinmetall Defence UK Signs Armed Forces Covenant to Strengthen Support for Military Personnel and Veterans

(IN BRIEF) Rheinmetall Defence UK has signed the Armed Forces Covenant, pledging its support for active service members, veterans, Reservists, and their families. This commitment includes providing paid leave for Reservists, supporting Armed Forces charities, and fostering an inclusive workplace … Read the full press release

SEB Restructures to Drive Strategic Growth, Strengthen Customer Focus, and Boost Innovation

(IN BRIEF) SEB is restructuring its organization to align with its long-term strategic goals, effective January 1, 2025. The changes include consolidating wealth and asset management into a single division, creating a new Chief Operating Officer (COO) role, and renaming … Read the full press release

Alfa Laval Secures Major Contract for Ballast Water Management System Replacements, Signaling Rising Demand for Reliable Retrofit Solutions

(IN BRIEF) Alfa Laval has won a major contract to replace 18 ballast water management systems (BWMS) on vessels owned by a leading European shipowner. The deal highlights growing demand for reliable BWMS replacements due to stricter regulations and the … Read the full press release

Evonik Advances Tire Recycling with Breakthrough Process to Increase Recycled Rubber Use

(IN BRIEF) Evonik has developed a breakthrough process that allows up to four times more recycled rubber to be used in new tire production. Traditionally, only 5% of recycled rubber could be reused due to the vulcanization process, which makes … Read the full press release

Evonik Leverages Electrodialysis to Boost Sustainability and Resource Efficiency in Chemical Industry

(IN BRIEF) Evonik is advancing its green transformation by expanding the use of electrodialysis, a process that converts salts from chemical processes into valuable raw materials like caustic soda and sulfuric acid. This technology aims to reduce energy consumption, raw … Read the full press release

Evonik Unveils Advanced Skin Microbiome Model to Revolutionize Cosmetics Testing

(IN BRIEF) Evonik has developed a groundbreaking model of the skin microbiome that allows for realistic, scientifically validated testing of how cosmetic ingredients impact the skin’s microbial communities. This model recreates the complex interactions between microbes, providing more accurate insights … Read the full press release

Evonik Unveils Bold Innovation Strategy to Drive €1.5 Billion Growth Through Sustainability

(IN BRIEF) Evonik has launched a new innovation strategy aimed at generating €1.5 billion in additional sales by 2032. The strategy focuses on three key areas: bio-based solutions, the energy transition, and the circular economy. These initiatives will help drive … Read the full press release

ING Repurchases 3,282,664 Shares in Ongoing €2.5 Billion Buyback Program

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

(IN BRIEF) ING has repurchased 3.28 million shares between September 9 and 13, 2024, as part of its €2.5 billion share buyback programme, at an average price of €16.20 per share, totaling €53.17 million. To date, ING has repurchased 134.31 … Read the full press release

Astor Asset Management 3 Ltd leitet Untersuchung für potenzielle Sammelklage gegen Ricardo Benjamín Salinas Pliego von Grupo ELEKTRA wegen Marktmanipulation und Wertpapierbetrug ein

  (IN KÜRZE) Astor Asset Management 3 Ltd untersucht zusammen mit seinem globalen Rechtsbeistand die Bildung einer Investorengruppe für eine potenzielle Sammelklage gegen Ricardo Benjamín Salinas Pliego und Grupo Elektra, S.A.B. de C.V. (ELEKTRA). Im Fokus der Untersuchung stehen mögliche … Read the full press release

Euronext Expands Clearing Operations Across All Derivatives Markets, Strengthening European Market Leadership

(IN BRIEF) Euronext has successfully expanded its clearing operations to all its financial derivatives markets, completing its migration from LCH SA to Euronext Clearing. This achievement marks the final step in Euronext’s integration of the Borsa Italiana Group and supports … Read the full press release

Euronext Acquires Substantive Research to Enhance Market Data and Research Benchmarking Services

(IN BRIEF) Euronext has acquired Substantive Research, a leading provider of market data and investment research benchmarking services, to strengthen its investor services. Substantive Research, serving over 100 global clients, will be integrated with Euronext’s subsidiary Commcise, offering enhanced market … Read the full press release

Logicor Begins Sustainable Redevelopment of Langenfeld Property, Targeting BREEAM Certification

(IN BRIEF) Logicor has initiated the redevelopment of a 34,600 m² site in Langenfeld, Germany, transforming an outdated logistics facility into a modern, sustainable corporate property. The new 21,100 m² building will be divided into four units and is designed … Read the full press release

EU Boosts Moldova’s Forestry and Railway Infrastructure with €212 Million Investment

(IN BRIEF) The European Union has announced two key investments to support Moldova’s development: a €200 million loan from the European Investment Bank (EIB) for forest expansion and a €12 million EU grant to upgrade the country’s railway infrastructure. The … Read the full press release

Ahold Delhaize Repurchased 250,000 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize repurchased 250,000 shares between September 9 and 13, 2024, at an average price of €30.97 per share, totaling €7.7 million. This is part of their €1 billion share buyback program, with 26.49 million shares repurchased so … Read the full press release

Daimler Truck Financial Services Launches Comprehensive Support for eActros 600 and Electric Fleet Transition

(IN BRIEF) Daimler Truck Financial Services (DTFS) has introduced integrated service packages for the Mercedes-Benz eActros 600 at the 2024 IAA in Hanover, aimed at making the switch to electric transport easier for customers. These packages include flexible financing, leasing, … Read the full press release

Mercedes-Benz eActros 600 Named “International Truck of the Year 2025” for Long-Distance Innovation

(IN BRIEF) The Mercedes-Benz eActros 600 has been named “International Truck of the Year 2025” by commercial vehicle journalists from 24 European countries. The electric truck was praised for its advanced aerodynamics, powerful drivetrain, and a range of 500 kilometers … Read the full press release

Mercedes-Benz eCitaro G Wins ‘Electric Bus Champion 2024’ Award for Top Performance and Innovation

(IN BRIEF) The Mercedes-Benz eCitaro G has been named “Electric Bus Champion 2024” at IAA Transportation in Hanover after winning a comprehensive comparison test organized by Omnibusspiegel. The articulated bus excelled in categories such as passenger comfort, driver handling, build … Read the full press release

Bilfinger Tapped to Lead Construction of Key Fertilizer Plant, Powering Egypt’s Chemical Growth

(IN BRIEF) Bilfinger has been awarded a significant Project Management and Consultancy contract by Egyptian Chemical Industries (KIMA) to manage the construction of a new chemical and fertilizer plant in Aswan, Egypt. The facility will produce 600 tons of nitric … Read the full press release

GEA Launches New Valve Technology to Enhance Safety in Spray Drying Operations

(IN BRIEF) GEA has introduced its CONTA dual block valve technology, designed to improve safety and efficiency in spray drying processes for the food and dairy industries. The new system reduces areas where feed can accumulate by 96%, lowering microbiological … Read the full press release

Deutsche Bahn Awards €100M Maintenance Contracts to Vossloh for Rail Upkeep

(IN BRIEF) Deutsche Bahn has awarded Vossloh over €100 million in contracts to improve rail maintenance using advanced rail milling and high-speed grinding technologies. The agreements, covering preventive and corrective maintenance, aim to extend the service life of DB’s tracks … Read the full press release