Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Hive and Zapmap Collaborate to Simplify Electric Vehicle Charging with New Customer Incentives

(IN BRIEF) Hive has partnered with Zapmap, the leading UK electric vehicle (EV) public charging service, to enhance charging accessibility for EV drivers. Starting next year, new Hive EV customers will receive £20 in charging credits for use at Zap-Pay … Read the full press release

Loughborough University’s Vicky Goosey-Tolfrey Honored as Outstanding Woman in STEM at East Midlands Women’s Awards

(IN BRIEF) Professor Vicky Goosey-Tolfrey of Loughborough University has been awarded the Outstanding Woman in STEM at the East Midlands Women’s Awards (EMWA) for her significant contributions to the fields of science, technology, engineering, and mathematics, particularly within applied disability … Read the full press release

EIB and Committee of the Regions Reinforce Partnership to Drive Economic Growth and Social Infrastructure in Europe

(IN BRIEF) During a recent plenary session, the Committee of the Regions and the European Investment Bank (EIB) renewed their commitment to fostering economic cohesion across the EU, focusing on both urban and rural areas. EIB President Nadia Calviño emphasized … Read the full press release

EIB and IKB Join Forces to Unlock €400 Million in Sustainable Financing for Germany’s Mid-Cap Companies

(IN BRIEF) The European Investment Bank (EIB) and IKB Deutsche Industriebank AG have launched a partnership to support sustainable finance for mid-cap companies in Germany, introducing a new loan portfolio of €400 million. This initiative is aimed at firms with … Read the full press release

Team Europe Unites to Bolster Economic Development in ACP Nations with New €74 Million Funding Initiative

(IN BRIEF) The ACP Trust Fund has secured over €74 million in pledges from seven EU member states, including Denmark, Finland, Germany, Luxembourg, Portugal, Spain, and Sweden, to support economic growth in African, Caribbean, and Pacific (ACP) countries. This funding … Read the full press release

Adani and Thales Collaborate to Revolutionize Air Travel in India

(IN BRIEF) Adani Airport Holdings Limited (AAHL) has formed a strategic partnership with Thales to improve airport operations and the passenger experience across India. This collaboration introduces a comprehensive solution focusing on smart airport security, biometric passenger journeys, and operational … Read the full press release

Hydro and Vaan Unite to Pioneering Sustainable Solutions in Yachting

(IN BRIEF) Hydro has renewed its partnership with Dutch yacht builder Vaan Yachts BV to advance sustainability in the yachting industry. Building on five years of collaboration, the two companies have signed a letter of intent to develop sheet materials … Read the full press release

Hydro Leads the Charge in Aluminium Recycling for a Sustainable Future

(IN BRIEF) Hydro is intensifying its commitment to recycling post-consumer scrap (PCS) to achieve zero-carbon aluminium. Since launching its recycling growth agenda in 2020, the company has recycled over 1.4 million tonnes of PCS, positioning itself as a leader in … Read the full press release

Eviden and IQM Quantum Computers Team Up to Enhance Quantum Computing Accessibility in France

(IN BRIEF) Eviden, a division of the Atos Group focused on advanced computing, has partnered with IQM Quantum Computers to enhance accessibility to quantum computing. They have installed the IQM Spark™, a superconducting quantum computer, at Eviden’s Angers facility in … Read the full press release

Experian Launches AI-Driven ‘Hazard Tags’ to Revolutionize Commercial Insurance Underwriting

(IN BRIEF) Experian UK&I has launched an innovative AI-powered data solution called ‘Hazard Tags’ to improve the underwriting processes in the commercial insurance sector. This new tool, developed in collaboration with data aggregator Veridion, aims to eliminate the inefficiencies associated … Read the full press release

EIB and IKB Partner to Launch €400 Million Sustainable Financing Initiative for Mid-Sized Companies in Germany

(IN BRIEF) The European Investment Bank (EIB) and IKB Deutsche Industriebank AG (IKB) have launched a strategic partnership aimed at enhancing access to sustainable financing for mid-cap companies in Germany. This initiative includes a €400 million loan portfolio, where the … Read the full press release

Kapsch TrafficCom Launches Innovative Tolling System in Bizkaia, Spain, Enhancing Traffic Flow and Sustainability

(IN BRIEF) Kapsch TrafficCom has successfully implemented a Multi-Lane Free Flow (MLFF) tolling system in the Bizkaia region of Spain, activated on July 1, 2024. This innovative system processes over 1.4 million transactions daily and significantly enhances traffic management by … Read the full press release

Covestro Paves the Way for Circular Economy with €100 Million Investment in R&D

(IN BRIEF) Covestro has announced a €100 million investment aimed at enhancing its research and development (R&D) infrastructure over the next three years, targeting sustainable solutions and digital advancements. This initiative supports the company’s commitment to becoming fully circular and … Read the full press release

Van Gogh Museum Unveils Vive l’impressionnisme! Exhibition to Honor 150 Years of Impressionism

(IN BRIEF) The Van Gogh Museum is set to unveil a major retrospective exhibition titled Vive l’impressionnisme! Masterpieces from Dutch Collections on October 11, 2024, celebrating the 150th anniversary of Impressionism. This exhibition, featuring over 100 important works from French … Read the full press release

Vonovia Launches BIM.permit Software to Revolutionize Construction Approvals and Enhance Efficiency

(IN BRIEF) Vonovia has successfully implemented its new BIM.permit software, developed in collaboration with VSK.software, to streamline the approval process for new construction projects by checking 3D models for compliance with building regulations. The initiative marks a significant advancement in … Read the full press release

Bilfinger Secures ISO 37301 Certification, Reinforcing Commitment to Compliance and Ethical Standards

(IN BRIEF) Bilfinger has announced its certification for a Compliance Management System (CMS) in accordance with ISO 37301 standards, a significant achievement that underscores the company’s commitment to high compliance and ethical business practices. The certification was awarded by TÜV … Read the full press release

Vodafone and Google Forge $1 Billion Partnership to Revolutionize AI-Powered Services Across Europe and Africa

(IN BRIEF) Vodafone and Google have announced a groundbreaking ten-year partnership, committing over a billion dollars to enhance services and devices powered by generative AI and cloud technology across Europe and Africa. This collaboration aims to provide AI-driven Google Pixel … Read the full press release

ArcelorMittal Reveals Key Findings from Comprehensive Workplace Safety Audit Conducted by dss+

(IN BRIEF) ArcelorMittal has released the findings from a comprehensive workplace safety audit conducted by dss+, which was commissioned to enhance the company’s safety performance. Over nine months, the audit assessed operations globally, focusing on fatality prevention, process safety management, … Read the full press release

Siemens Erlangen Factory Recognized as Digital Lighthouse by World Economic Forum

(IN BRIEF) The World Economic Forum (WEF) has honored Siemens’ Erlangen factory in Germany with the designation of Digital Lighthouse Factory, incorporating it into the Global Lighthouse Network. This accolade recognizes advanced manufacturing sites that effectively utilize fourth industrial revolution … Read the full press release

Acquisition strengthens Siemens’ fire suppression capabilities with innovative high-pressure water mist technology

(IN BRIEF) Siemens Smart Infrastructure has announced its plan to acquire Danfoss Fire Safety, a subsidiary of Danfoss Group, as part of a strategic initiative to enhance its sustainable fire suppression portfolio. The acquisition aims to integrate Danfoss’s innovative high-pressure … Read the full press release

Allianz Report Highlights Surge in Cyber Claims Driven by Data Privacy Issues and Class Action Lawsuits

(IN BRIEF) A recent report by Allianz Commercial highlights significant trends in the cyber insurance landscape, noting a rise in both the frequency and severity of large cyber claims due to data privacy breaches. In the first half of 2024, … Read the full press release

Elli Unveils Innovative Smart Charger 2 to Transform Electric Vehicle Charging Across Europe

(IN BRIEF) Volkswagen Group’s electric mobility brand, Elli, has launched the Elli Charger 2, a smart charging solution aimed at the European market. This new charger can reduce charging costs by up to 40% by utilizing solar surplus charging and … Read the full press release

TotalEnergies and Saint-Gobain Forge Renewable Energy Partnership to Drive Decarbonization in French Industry

(IN BRIEF) TotalEnergies has signed a Power Purchase Agreement (PPA) with Saint-Gobain to supply renewable electricity to its facilities in France, starting in January 2026. This contract will provide 875 GWh of renewable energy over five years, sourced from TotalEnergies’ … Read the full press release

Plenitude Launches Numancia Wind Plant in Soria, Spain, Boosting Renewable Energy Capacity to 440 MW

(IN BRIEF) Plenitude has officially launched the Numancia wind plant in Soria, Spain, consisting of two adjacent wind farms that will generate approximately 31 GWh of electricity annually, sufficient to power over 9,500 households. With this project, Plenitude’s total installed … Read the full press release

Novo Nordisk Launches Global Childhood Obesity Initiative to Support Healthier Urban Communities

(IN BRIEF) Novo Nordisk has launched the Childhood Obesity Prevention Initiative, aimed at combating rising obesity rates among children in underserved urban communities across six cities worldwide. Backed by an investment of over 250 million Danish kroner and a coalition … Read the full press release

Logicor and Azuqueca de Henares Join Forces to Boost Sustainability at Municipal Bird Sanctuary with Innovative Lake Restoration Project

(IN BRIEF) Logicor, a prominent European logistics real estate company, has partnered with the City Council of Azuqueca de Henares to enhance sustainability at the Azuqueca de Henares Municipal Bird Sanctuary through a lake restoration project. The initiative involves installing … Read the full press release

EIB Launches €600 Million Energy Rescue Plan to Support Ukraine Ahead of Winter Challenges

(IN BRIEF) The European Investment Bank (EIB), under the leadership of President Nadia Calviño, has launched the Ukraine Energy Rescue Plan to provide urgent energy assistance to Ukraine ahead of the winter season. The plan outlines a potential investment of … Read the full press release

Nordic Energy Leader Teams Up with Finnish Ferry Operator to Enhance Low-Emission Shipping Solutions

(IN BRIEF) Gasum and Wasaline have formed a partnership to create the first large-scale FuelEU Maritime pooling service, which will enable shipping companies to reduce compliance costs while promoting the use of low-emission fuels. Wasaline’s hybrid ferry, operating on bio-LNG, … Read the full press release

Hera Mission Launched to Explore Asteroid Deflection Techniques and Safeguard Earth from Potential Threats

(IN BRIEF) The Hera planetary defense mission, launched successfully aboard a SpaceX Falcon 9 rocket, aims to assess the feasibility of deflecting hazardous asteroids threatening Earth. This mission follows NASA’s DART mission, which tested asteroid deflection by impacting the Dimorphos … Read the full press release

ABB and Zumtobel Group Unite to Propel Smart Building Innovations and Direct Current Applications

(IN BRIEF) ABB and Zumtobel Group have announced a strategic partnership aimed at advancing smart building solutions and direct current (DC) industrial applications. The collaboration will integrate ABB’s building automation solutions with Zumtobel’s advanced lighting management systems, creating efficient, sustainable … Read the full press release

nova-Institute Launches Expert Group to Enhance Biopolymer Insights and Drive Sustainability in the Renewable Carbon Sector

(IN BRIEF) The nova-Institute has announced the formation of a specialized group of biopolymer experts aimed at enhancing market and trend reporting in the renewable carbon sector. This initiative focuses on advancing sustainability in the chemical and materials industries by … Read the full press release

ABN AMRO Report Highlights Biodiversity Crisis Linked to Production of Trainers, Sofas, and Smartphones

(IN BRIEF) A recent report by ABN AMRO reveals the significant impact of consumer goods production—specifically trainers, sofas, and smartphones—on global biodiversity, resulting in the destruction of wildlife habitats equivalent to nearly two-thirds the size of the Netherlands annually. The … Read the full press release

MAN Truck & Bus Unveils Comprehensive Digital Services Package for New eTGX and eTGS Models to Support Electric Mobility Transition

(IN BRIEF) MAN Truck & Bus has announced that all new MAN eTGX and eTGS models will include a comprehensive digital services package at no extra cost for five years, aimed at facilitating the transition to electromobility. The MAN DigitalServices … Read the full press release

QIAGEN and Neo4j Strengthen Partnership to Revolutionize Biomedical Data Analysis in Biopharma Industry

(IN BRIEF) QIAGEN Digital Insights has announced an expanded partnership with Neo4j, aiming to enhance biomedical data analysis for the biopharmaceutical industry. This collaboration will integrate Neo4j’s graph database and machine learning capabilities with QIAGEN’s extensive biomedical knowledge base. By … Read the full press release

Wienerberger Strengthens Nordic Presence with Strategic Acquisitions of Slatek OY and Tekken AS in Water Solutions

(IN BRIEF) Wienerberger has announced its expansion into the Nordic market with the acquisition of Finnish company Slatek OY and Norwegian firm Tekken AS. This move aims to enhance its portfolio in smart water management and infrastructure solutions, adding approximately … Read the full press release

Bang & Olufsen and Ferrari Launch Exclusive Second Special Edition Collection Featuring High-End Audio and Visual Solutions

(IN BRIEF) Bang & Olufsen has partnered with Ferrari to launch their second Special Edition Ferrari Collection, featuring three high-end products: the Beolab 50 speakers, Beosound Theatre soundbar, and Beovision Theatre TV. This collection incorporates Ferrari’s signature Grigio Corsa color … Read the full press release

Lenzing Partners with TreeToTextile to Advance Sustainable Fiber Production in the Textile Industry

(IN BRIEF) The Lenzing Group, a leading provider of regenerated cellulose fibers, has announced its acquisition of a minority stake in the Swedish company TreeToTextile AB. This collaboration, which includes existing shareholders such as H&M Group, Inter IKEA Group, Stora … Read the full press release

SAP Unleashes Collaborative AI Power in Copilot Joule to Transform Enterprise Operations

(IN BRIEF) SAP SE has announced significant advancements to its generative AI copilot, Joule, during the SAP TechEd conference, positioning it at the forefront of a new business paradigm that drives a large portion of global commerce. The updates include … Read the full press release

Genetic Resistance to DDT Found in Malaria-Transmitting Mosquitoes Due to Historical Insecticide Use

(IN BRIEF) Scientists have identified the first instances of genetic mutations in Anopheles funestus mosquitoes that confer resistance to DDT, a previously widespread insecticide now banned due to environmental concerns. This discovery, made by researchers from the University of Glasgow … Read the full press release

PHI Aviation Enhances Operations in Australia with New Airbus H175 Helicopters

(IN BRIEF) PHI Aviation has officially introduced two Airbus H175 helicopters into its operations in Australia, enhancing its capabilities in offshore energy transportation, medical evacuations, and search and rescue missions. These helicopters will be based in Broome, with additional H175s … Read the full press release