Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

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

DHL Strengthens Commitment to Esports with Extended Partnership with ESL FACEIT Group

(IN BRIEF) DHL Group has extended its partnership with ESL FACEIT Group, continuing its role as the Official Logistics Partner for major esports events and expanding its involvement with the Snapdragon Pro Series and DreamHack festivals. The collaboration enhances DHL’s … Read the full press release

New Research Reveals That Combining Genetic and Demographic Data Enhances Prediction of Species’ Extinction Risks

(IN BRIEF) New research demonstrates that combining genetic diversity data with demographic information provides a more accurate prediction of extinction risks in natural populations. The study, conducted on the Glanville fritillary butterfly, shows that while genetic diversity is important, its … Read the full press release

Synology Expands Nordic Presence Through Strategic Partnership with Gandalf Distribution AB

(IN BRIEF) Synology has partnered with Gandalf Distribution AB to expand its reach across the Nordic region, including Denmark, Sweden, Norway, Finland, and Iceland. This collaboration will improve the availability and support of Synology’s advanced data management solutions, leveraging Gandalf … Read the full press release

Turkcell and Ericsson Partner to Trial 5G Cloud RAN, Pioneering Next-Gen Network Flexibility in Türkiye

(IN BRIEF) Turkcell has successfully completed a trial of Ericsson’s 5G Cloud RAN technology, becoming one of the first telecom operators globally to explore this advanced solution. The deployment marks a significant step in Turkcell’s network modernization efforts, enhancing flexibility … Read the full press release

ETH Zurich Opens New High-Tech Research Facility in Basel, Strengthening Life Sciences Collaboration

(IN BRIEF) ETH Zurich has opened a new research facility on Basel’s Schällemätteli life science campus, housing the Department of Biosystems Science and Engineering. The state-of-the-art building is designed to foster collaboration and innovation in experimental biology, bioinformatics, and bioengineering. … Read the full press release

Symrise Boosts Innovation Capabilities in Northern China with Expanded Beijing R&D Hub

(IN BRIEF) Symrise has opened an expanded Sales and R&D hub in Beijing to better serve the growing food and beverage market in Northern China. The 800 sqm facility includes advanced laboratories for beverage, dairy, culinary, and snack applications, designed … Read the full press release

EQT Private Capital Asia to Acquire Leading Southeast Asian PropTech Firm PropertyGuru

(IN BRIEF) EQT Private Capital Asia, through its BPEA Private Equity Fund VIII, has announced the acquisition of PropertyGuru Group Limited, a leading PropTech company in Southeast Asia. This move strengthens EQT’s portfolio in the digital real estate sector, providing … Read the full press release

EQT to Establish Leading Waste Management Platform in South Korea with Acquisition of KJ Environment

(IN BRIEF) EQT Infrastructure VI has acquired KJ Environment and its affiliated companies in South Korea to create a leading waste management platform focused on plastic recycling and waste-to-energy. This acquisition aligns with EQT’s strategy of investing in sustainable infrastructure … Read the full press release

SGS Launches Global Training Program to Equip Auditors with Enhanced Forced Labor Detection Skills

(IN BRIEF) SGS has partnered with Stronger Together to develop a training course aimed at enhancing the skills of auditors in detecting and reporting forced labor. The “Detecting and Reporting Forced Labor: Guidance for Auditing” course, now publicly available, equips … Read the full press release

British Gas Joins Forces with Leading Partners to Pave the Way for Decarbonizing Social Housing

(IN BRIEF) British Gas has joined a consortium with NatWest, Places for People, Sero, and Tallarna to pilot a new approach to decarbonizing up to 1,000 social housing units. The initiative will test financial models that make retrofitting more affordable, … Read the full press release

University of St.Gallen Showcases Apprenticeship Opportunities at Eastern Switzerland Education Exhibition (OBA)

(IN BRIEF) The University of St.Gallen (HSG) will participate in the Eastern Switzerland Education Exhibition (OBA) from August 29 to September 1, 2024, at the St.Gallen Olma halls. HSG will showcase six apprenticeship programs, including roles like Information and Documentation … Read the full press release

Avangrid and Statkraft Expand U.S. Renewable Energy Collaboration with New Pennsylvania Wind Farm Agreement

(IN BRIEF) Avangrid and Statkraft have signed a new Virtual Power Purchase Agreement (VPPA) for energy from the 35 MW Casselman wind farm in Pennsylvania, marking their second such deal in nine months. This agreement strengthens the partnership between the … Read the full press release

Abertis Strengthens Presence in Chile with New Ruta 5 Santiago-Los Vilos Concession

(IN BRIEF) Abertis has won the concession for the Ruta 5 Santiago-Los Vilos motorway in Chile, extending its presence in the country and solidifying its position as a leading toll road operator. Starting in April 2025, Abertis’ subsidiary VíasChile will … Read the full press release

IKEA Revolutionizes Warehouse Operations with AI-Powered Drones

(IN BRIEF) IKEA is expanding its use of AI-powered drones to automate inventory management across its warehouses in Europe and North America. After successful testing in Belgium, the drones will now operate 24/7, freeing up employees for other tasks and … Read the full press release

Wolters Kluwer’s CCH Tagetik Platform Maintains Leadership in Supply Chain Planning with Advanced AI Innovations

(IN BRIEF) Wolters Kluwer has been named a Leader in the Nucleus Research Supply Chain Planning Technology Value Matrix for the fourth consecutive year. The company’s CCH Tagetik platform is recognized for its integration of supply chain, financial, and operational … Read the full press release

Adyen Enters Indian Market with Local Payment Processing and Bengaluru Tech Hub

(IN BRIEF) Adyen has expanded into India, receiving authorization from the Reserve Bank of India to operate as an Online Payment Aggregator. The expansion includes launching local payment processing capabilities and establishing a technology hub in Bengaluru. Adyen’s platform enables … Read the full press release

BMW Group Extends Partnership with Adyen to Enhance In-Person Payments at BMW Welt and BMW Museum

(IN BRIEF) Adyen and BMW Group have expanded their partnership to include point-of-sale (POS) payment solutions at BMW Welt and the BMW Museum in Munich. This extension builds on their successful e-commerce collaboration, ensuring a seamless payment experience for BMW … Read the full press release