Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

EARNZ PLC Gears Up for Expansion with Strategic Acquisitions in Energy Sector

(IN BRIEF) EARNZ PLC is set to expand its presence in the energy services sector through the conditional acquisition of Cosgrove & Drew Limited and South West Heating Services Ltd. The company aims to leverage the global push for decarbonization … Read the full press release

Lindsay Goldberg Acquires Majority Stake in Golden State Foods, Strengthening Strategic Growth

(IN BRIEF) Lindsay Goldberg, a private equity firm specializing in family and founder-led businesses, has acquired a controlling interest in Golden State Foods (GSF), a major supplier in the foodservice and retail industries. The Wetterau family, who have been long-time … Read the full press release

The Climate Show Debuts in Seychelles, Engaging Youth in Regional Climate Action

(IN BRIEF) NIRAS, in partnership with the Indian Ocean Commission (IOC) and the European Union (EU), successfully launched “The Climate Show” in Seychelles, marking the first time this innovative climate awareness event has been brought to the Indian Ocean region. … Read the full press release

London’s Public Transport Network Cracks Down on Violence Against Staff: A New Campaign Sets the Tone

(IN BRIEF) Transport for London (TfL) has launched a new campaign to combat violence and aggression against its staff on the public transport network. The campaign highlights the serious consequences for offenders, including recent cases where individuals received significant prison … Read the full press release

Iberdrola’s Ekienea Solar Project Reaches Milestone in Basque Country’s Renewable Energy Efforts

(IN BRIEF) The Ekienea solar farm, the largest in the Basque Country, has achieved grid access, marking a significant milestone in the region’s renewable energy efforts. The 100 MW facility will nearly triple the Basque Country’s solar capacity, support local … Read the full press release

Rostock’s Renewable Energy Boom: A Model for Economic Revival in Eastern Germany

(IN BRIEF) Rostock and Mecklenburg-Western Pomerania are experiencing an economic revival driven by the growth of renewable energy, particularly wind power. The region’s transformation is creating jobs, revitalizing the local economy, and positioning Rostock as a key player in Europe’s … Read the full press release

Lindner’s Sustainable Design Shines in Scandinavia’s Largest Wooden Structure, ‘World of Volvo

(IN BRIEF) The “World of Volvo,” Scandinavia’s largest wooden building, has been completed in Gothenburg, showcasing Lindner Scandinavia’s expertise in sustainable construction. The project, which features innovative wooden facades and interiors, is a new architectural landmark designed to embody the … Read the full press release

Brenntag Strengthens Presence in Brazilian Life Science Market with Acquisition of PIC and PharmaSpecial

(IN BRIEF) Brenntag has expanded its presence in Brazil’s Life Science market with the acquisition of specialty chemicals distributors PIC and PharmaSpecial. The deal, which adds an Applications & Innovation Center and two laboratories to Brenntag’s network, will enhance its … Read the full press release

PUMA Recognized Among Europe’s Top Ten Climate Leaders by Financial Times

(IN BRIEF) PUMA has been recognized as one of Europe’s top ten Climate Leaders by the Financial Times, achieving its highest-ever ranking of eighth place. The company’s early achievement of its climate goals and new ambitious targets for 2030 highlight … Read the full press release

Alstom to Revitalize CrossCountry’s Voyager Fleet with Comprehensive Refurbishment

(IN BRIEF) Alstom has announced a £60 million refurbishment project for CrossCountry’s Voyager fleet, which will involve a complete interior and exterior overhaul at the company’s Derby facility. The project, funded by Beacon Rail, will enhance passenger comfort and sustainability … Read the full press release

voestalpine Expands U.S. Production to Meet Growing Demand from Global Truck Manufacturers

(IN BRIEF) voestalpine is expanding its Indiana facility by 15,000 square meters and doubling its production capacity to 80,000 tons, following major orders from global truck manufacturers. The EUR 70 million (USD 78 million) investment will create 110 new jobs … Read the full press release

Dr. Xu Dai Honored with Royal Academy Fellowship for Innovative Fire Engineering Research

(IN BRIEF) Dr. Xu Dai of the University of Liverpool has been awarded the prestigious RAEng/Leverhulme Trust Research Fellowship for his pioneering work in structural fire engineering. His research focuses on understanding and mitigating fire-induced structural collapses, with the goal … Read the full press release

University of Liverpool and MTC Strengthen Collaboration to Drive UK Manufacturing Innovation

(IN BRIEF) The University of Liverpool and the Manufacturing Technology Centre (MTC) have formalized their collaboration with a Memorandum of Understanding, aimed at expanding their joint research efforts in manufacturing innovation. Building on a history of successful partnerships, the two … Read the full press release

LEGO Group Encourages Fans to Sustain Play Through Brick Passing and Reuse

(IN BRIEF) The LEGO Group has launched the “Made to Be Played” campaign, urging fans to pass on their LEGO bricks to keep the play going across generations. The initiative is part of the company’s broader commitment to sustainability, which … Read the full press release

Deforestation Accelerates Climate Change Impact on African Montane Forests, Threatening Water Resources and Biodiversity

(IN BRIEF) A new study highlights the severe impact of deforestation on African montane forests, where the loss of tree cover has led to significant increases in temperature and cloud levels, threatening water resources and biodiversity. The research underscores the … Read the full press release

University of Warwick Unveils Promising New Materials as Sustainable Plastic Alternatives

(IN BRIEF) Researchers at the University of Warwick have identified new organic compounds that could replace conventional plastics, offering a sustainable solution amid growing environmental concerns. The study, led by Prof. Dr. ir. Stefan Bon, explores the potential of hydrophobic … Read the full press release

Glasgow’s New £12m Shipbuilding Academy to Shape the Future of Maritime Engineering

(IN BRIEF) A new £12 million Applied Shipbuilding Academy has opened in Glasgow, designed to train and develop the next generation of shipbuilders. Located at BAE Systems’ Scotstoun shipyard, the facility will provide hands-on training and lifelong learning opportunities for … Read the full press release

Siemens Mobility Secures Major Contract to Power Singapore’s Cross Island Line

(IN BRIEF) Siemens Mobility has secured a 270 million Euro contract to lead a consortium in delivering the power supply system for Singapore’s Cross Island Line. The project will include the design, supply, installation, and commissioning of advanced electrical systems, … Read the full press release

Siemens Unveils Next-Gen Gridscale X Tools to Support TSOs in Energy Transition

(IN BRIEF) Siemens is launching new enhancements to its Gridscale X software suite, aimed at helping Transmission System Operators (TSOs) manage the complexities of the energy transition. Unveiled at the CIGRE Paris Session 2024, the new tools—“Gridscale X Protection Data … Read the full press release

The Swedish Financial Supervisory Authority (FI) Welcomes Emilia Högquist as New Leader in Sustainable Finance

(IN BRIEF) The Swedish Financial Supervisory Authority (FI) has appointed Emilia Högquist as the new Head of Sustainable Finance. With extensive experience in sustainable development, she will focus on promoting the financial sector’s role in sustainability and leading FI’s efforts … Read the full press release