Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

ABP and px Group Unveil Clean Growth Hub at Port of Barry to Drive Low-Carbon Industrial Transformation

(IN BRIEF) Associated British Ports (ABP) and px Group have announced the launch of a Clean Growth Hub at the Port of Barry in South Wales. The initiative aims to transform over 100 acres of the port into a hub … Read the full press release

Iberdrola Strengthens Global Leadership in Sustainability with Continued FTSE4Good Index Inclusion

(IN BRIEF) Iberdrola has once again secured its place in the prestigious FTSE4Good index, highlighting its commitment to sustainability and responsible business practices. The company, led by Ignacio Galán, has maintained its position in the index since 2009, demonstrating strong … Read the full press release

VINCI Energies Expands Cybersecurity Capabilities with Acquisition of Fernao Group

(IN BRIEF) VINCI Energies has acquired Fernao Group, a leading cybersecurity services provider in Germany and Switzerland. This strategic move will enhance VINCI Energies’ Axians brand by expanding its expertise in cybersecurity, IT services, and cloud solutions. Fernao Group, with … Read the full press release

Switzerland Embraces Instant Payments Across Financial Institutions

(IN BRIEF) Switzerland launched instant payments on 20 August 2024, with around 60 financial institutions now able to process these transactions, covering over 95% of Swiss retail payments. Instant payments allow for immediate account-to-account transfers, 24/7, offering significant benefits such … Read the full press release

James Hiatt Joins Savills to Strengthen Central London Investment Team in 2025

(IN BRIEF) Savills has announced the appointment of James Hiatt as a Director in its Central London Investment team, with Hiatt set to join in 2025 after a period of gardening leave. Hiatt, who brings over 17 years of experience … Read the full press release

Experian Report: Generative AI and Deepfakes Emerge as Top Fraud Threats, Exposing Gaps in Business Preparedness

(IN BRIEF) Experian’s 2024 U.S. Identity and Fraud Report highlights the growing concerns around generative AI, deepfakes, and cybercrime as major threats to businesses. Despite recognizing these risks, companies are underinvesting in advanced fraud prevention tools, leaving them vulnerable to … Read the full press release

Thales and LTTS Partner to Revolutionize Software Monetization with Sentinel Platform

(IN BRIEF) Thales and L&T Technology Services (LTTS) have expanded their long-standing partnership to enhance software monetization across various industries, including hi-tech, sustainability, and mobility. The collaboration will utilize Thales’s Sentinel software licensing platform, enabling LTTS’s customers to implement flexible … Read the full press release

Stora Enso and Enkei Collaborate on Sustainable Packaging Solution for Designer Lamps

(IN BRIEF) Stora Enso has partnered with Swedish startup Enkei to develop an innovative and sustainable packaging solution for Enkei’s designer table lamp, Reminder (001). The packaging, made from Stora Enso’s biodegradable and recyclable materials, Papira® foam and corrugated board, … Read the full press release

EQT Partners with Compass to Accelerate Global Expansion and Innovation in EdTech

(IN BRIEF) EQT, a global investment firm, has announced a strategic partnership with Compass, a leading K-12 education software company. The partnership aims to accelerate Compass’s growth, enhance its platform, and support its international expansion. With over 3,000 schools already … Read the full press release

EBRD and Raiffeisen Bank Provide €110 Million for Major Solar Projects to Boost Romania’s Green Energy Expansion

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International have provided a €110 million financing package to build and operate two solar photovoltaic power plants in south-eastern Romania. These plants, with a combined capacity of … Read the full press release

European Investment Bank Re-enters USD SSA Markets with $5 Billion 5-Year Global Benchmark Bond

(IN BRIEF) The European Investment Bank (EIB) has successfully re-entered the USD bond market with a new $5 billion 5-year Global benchmark bond, offering a 3.750% semi-annual coupon. This issuance, which brings EIB’s total USD issuance for the year to … Read the full press release

BASF Launches Inaugural Care 360° Sustainability Days to Drive Industry Collaboration on Net-Zero Goals

(IN BRIEF) BASF is launching its first Care 360° Sustainability Days, a virtual event from September 17-19, 2024, aimed at fostering collaboration with industry leaders in the Personal Care, Home Care, I&I, and Industrial Formulators sectors. The event will focus … Read the full press release

Carbon-Capturing Partnership: Borealis and Infinium Launch Low-Carbon Plastics Revolution

(IN BRIEF) Borealis and Infinium have formed a strategic partnership to produce low-carbon plastics using Infinium’s eNaphtha, a sustainable feedstock made from captured CO2 emissions. This collaboration aims to reduce the carbon footprint of polyolefins, a type of plastic widely … Read the full press release

Siemens Debuts Eco-Friendly Control Cabinets with 70% Lower CO₂ Emissions

(IN BRIEF) Siemens Smart Infrastructure has launched the SIVACON 8MF1, the first industrial control cabinets made entirely from green steel. Produced by Alpha Verteilertechnik in Germany, these cabinets are manufactured using 100% scrap metal and wind power, resulting in a … Read the full press release

Škoda Elroq Pioneers Eco-Friendly Interiors with Advanced Recycled Materials

(IN BRIEF) Škoda has unveiled its new Elroq vehicle, which emphasizes sustainability through the use of advanced, eco-friendly materials in its interior design. The Elroq incorporates innovative materials such as Recytitan, made from recycled PET and post-consumer clothing, and Technofil, … Read the full press release

Lightsource bp Strengthens German Solar Ambitions with Strategic Partnership

(IN BRIEF) Lightsource bp has partnered with German renewable energy developer Kajoni Energie GmbH to accelerate its growth in Germany by developing over 500MWp of solar projects within the next two to three years. This collaboration will focus on identifying … Read the full press release

Loughborough University Praised for Driving Economic Growth and Innovation in New Jobs Foundation Report

(IN BRIEF) A new report by the Jobs Foundation highlights Loughborough University’s significant contributions to the local economy through business creation, job growth, and regional development. The report showcases the University’s role in supporting innovation and entrepreneurship, particularly through its … Read the full press release

Future STEM Innovators Engage in Hands-On Learning at Empa’s 2024 Summer Camp

(IN BRIEF) The Empa Summer Camp 2024 in Zurich offered 24 children of Empa employees a week-long immersive experience in STEM education. The camp featured hands-on workshops in engineering and materials science, encouraging creativity and problem-solving. The program balanced scientific … Read the full press release

Garanti BBVA Mobile App Achieves Record Usage with 2.7 Billion Logins in H1 2024, Leading Türkiye’s Digital Banking Revolution

(IN BRIEF) Garanti BBVA Mobile, Türkiye’s leading private-sector banking app, saw over 2.7 billion logins in the first half of 2024, reflecting its rapid growth and widespread use among over 15.5 million active users. The app’s extensive features and user-friendly … Read the full press release

Nordic Investment Bank’s Chief Risk Officer Hilde Kjelsberg Announces Retirement After 18 Years of Service

(IN BRIEF) Hilde Kjelsberg, the Chief Risk Officer at the Nordic Investment Bank, will retire after nearly two decades of service. She has been instrumental in modernizing the bank’s risk and compliance functions. NIB has begun the process of finding … Read the full press release