Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

RWE Secures Long-Term Solar Power Deals with Meta to Boost Renewable Energy Supply in the U.S.

(IN BRIEF) RWE has signed two long-term power purchase agreements (PPAs) with Meta to supply clean energy from two solar farms under construction in the U.S., with a combined capacity of 374 megawatts. These solar projects, located in Illinois and … Read the full press release

Rheinmetall Expands U.S. Defense Operations with Strategic Acquisition of Loc Performance for $950 Million

(IN BRIEF) Rheinmetall has announced plans to acquire Loc Performance Products, LLC, a U.S.-based vehicle specialist, for $950 million. This strategic acquisition aims to strengthen Rheinmetall’s position in the U.S. defense market and expand its production capabilities for military vehicles, … Read the full press release

ANDRITZ Supplies Advanced Equipment for Mondi’s NSSC Production Line and Woodyard Upgrade in Finland

(IN BRIEF) ANDRITZ has supplied key equipment for Mondi’s containerboard mill in Kuopio, Finland, as part of an expansion and upgrade project. The delivery includes a new hardwood NSSC production line and an upgraded woodyard, which will increase the mill’s … Read the full press release

ANDRITZ to Pioneer Industrial-Scale Fiberboard Recycling with Sonae Arauco Partnership

(IN BRIEF) ANDRITZ has been contracted to supply the world’s first industrial-scale fiberboard recycling line to Sonae Arauco’s mill in Mangualde, Portugal. This innovative system will recycle end-of-life fiberboards into valuable fibers for new fiberboard production. Sonae Arauco emphasized the … Read the full press release

Moody’s Reaffirms Outokumpu’s Ba2 Rating, Acknowledges Industry-Leading Financial Strength

(IN BRIEF) Moody’s has reaffirmed Outokumpu’s Ba2 corporate family rating with a stable outlook, maintaining the upgrade it made in May 2023 from a previous Ba3 rating. The decision reflects Moody’s recognition of Outokumpu’s strong financial position and successful profit … Read the full press release

Experian Bolsters Fraud Prevention with Acquisition of Behavioral Analytics Leader NeuroID

(IN BRIEF) Experian has acquired NeuroID, enhancing its fraud prevention capabilities with advanced behavioral analytics. This acquisition allows Experian to integrate NeuroID’s technology into its CrossCore® platform, offering clients deeper insights into digital behaviors to better detect and prevent fraud. … Read the full press release

Nadiadwala Grandson Entertainment Partners with Banijay Asia to Revolutionize Indian Content Production

(IN BRIEF) Nadiadwala Grandson Entertainment (NGE) and Banijay Asia have announced a strategic collaboration to produce original series, films, and adaptations of international hits, aiming to bring a new wave of premium content to Indian audiences. The partnership, driven by … Read the full press release

Rolls-Royce and Yuchai to Expand MTU Engine Production in China through Joint Venture

(IN BRIEF) Rolls-Royce and Yuchai Diesel are expanding their joint venture, MTU Yuchai Power, to increase production of Rolls-Royce’s mtu engines in China. The expansion will include more variants of the mtu Series 2000 and 4000 engines, with plans to … Read the full press release

Rolls-Royce Secures Contract for Mission Bay Handling Systems on UK Royal Navy’s Type 26 Frigates

(IN BRIEF) Rolls-Royce has been awarded a contract to supply its Mission Bay Handling System (MBHS) for the UK Royal Navy’s Type 26 City-class frigates. The contract, in partnership with BAE Systems, includes the production of five MBHS units at … Read the full press release

Bosch Engineering Launches Advanced Tram Assist Suite to Enhance Urban Rail Safety and Efficiency

(IN BRIEF) Bosch Engineering has introduced its innovative tram assist suite, a comprehensive driver assistance system designed to improve safety and reduce operational disruptions in urban rail systems. The suite includes features such as forward, near range, flank, and focus … Read the full press release

NatWest Executes £1.1 Billion Securitisation Deal to Boost Renewable Energy Lending

(IN BRIEF) NatWest has completed a £1.1 billion securitisation deal, backed by Nuveen Infrastructure and Christofferson Robb & Company, to increase its lending capacity in the renewable energy sector. The transaction, which provides credit protection for a portfolio of around … Read the full press release

Generative AI Enhances Ask Archie Chatbot for More Efficient Employee Support

(IN BRIEF) We have introduced Generative AI to our Ask Archie chatbot, improving how it answers employee HR queries by delivering more targeted responses and providing easier access to relevant information. This upgrade enables human agents to focus on more … Read the full press release

Hella Gutmann Expands Cyber Security Management to Include Latest BMW Models in Mega Macs Diagnostic Software

(IN BRIEF) Hella Gutmann has expanded its Cyber Security Management (CSM) feature within the mega macs diagnostic software to include the latest BMW vehicles, eliminating the need for workshops to register through OE portals. With this update, CSM now supports … Read the full press release

SISTO Armaturen S.A. Introduces Automated Multi-Port Valve to Revolutionize Pharmaceutical Production

(IN BRIEF) SISTO Armaturen S.A., part of the KSB Group, has developed the SISTO-CM1300, an automated multi-port valve designed to optimize pharmaceutical production processes. This valve automates the switching of fluids in cleaning and sterilization processes, reducing the risk of … Read the full press release

HENSOLDT Secures New Contract for ‘Dynahawk’ Fire Control Sights to Enhance Bundeswehr Capabilities

(IN BRIEF) HENSOLDT has received a new order from the Bundeswehr for its “Dynahawk” fire control sights, which will enhance the accuracy and operational capability of anti-tank weapons. The contract, worth several million euros, includes deliveries through 2025, with an … Read the full press release

Trane Technologies Explores Future of Climate Tech in Season 4 of Healthy Spaces Podcast

(IN BRIEF) Trane Technologies has launched Season 4 of its Healthy Spaces Podcast, focusing on how climate technology is transforming living and working environments. Hosted by Dominique Silva, Scott Tew, and Oakley Roberts, the podcast features industry experts discussing topics … Read the full press release

HOCHTIEF Secures EUR 190 Million Contract for Infrastructure Maintenance in North Lanarkshire, Scotland

(IN BRIEF) HOCHTIEF PPP Solutions GmbH has been awarded a significant infrastructure maintenance contract by North Lanarkshire Council in Scotland, worth at least EUR 190 million. The contract, which covers road maintenance, bridge repairs, and other critical infrastructure services, will … Read the full press release

Ahold Delhaize Launches Enhanced Delhaize App, Expanding Unified Digital Experience Across Europe

(IN BRIEF) Ahold Delhaize has launched a new app for its Belgian brand, Delhaize, as part of a six-country rollout plan. This app enhances customer experience with an intuitive interface, enriched loyalty features, and improved in-store functionalities. The app, designed … Read the full press release

Wolters Kluwer Launches AI-Enhanced OneSumX Reg Manager to Streamline Regulatory Compliance for U.S. Insurers

(IN BRIEF) Wolters Kluwer Compliance Solutions has launched the AI-powered OneSumX® Reg Manager to help small to medium-sized U.S. insurance carriers manage regulatory changes more effectively. Part of the OneSumX portfolio, this new tool provides automated tracking of regulatory updates, … Read the full press release

Eckert & Ziegler and Telix Partner to Support Phase III Prostate Cancer Study with Advanced Radiopharmaceutical Manufacturing

(IN BRIEF) Eckert & Ziegler has signed a multi-year agreement with Telix Pharmaceuticals to serve as the European contract manufacturing organization for Telix’s ProstACT GLOBAL Phase III study. The agreement includes supplying patients from Eckert & Ziegler’s Berlin facility and … Read the full press release