Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Arrow Energy to Expand Surat Gas Project with Shell Investment

(IN BRIEF) On August 12, 2024, Arrow Energy announced plans to expand its Surat Gas Project in Queensland, Australia, with significant investment from Shell. Phase 2 is expected to produce about 22,400 barrels of oil equivalent per day at peak … Read the full press release

Schaeffler Expands Global E-Mobility Charging Infrastructure with 5,000 New Points by 2030

(IN BRIEF) Schaeffler is expanding its global electric vehicle charging infrastructure by adding 5,000 new charging points by 2030, with 3,000 in Europe. This initiative is part of the company’s sustainability program. Pilot projects have started at Herzogenaurach and Schweinfurt … Read the full press release

Vestas Secures Two New Orders in Germany Totaling 58 MW

(IN BRIEF) Vestas has secured two new wind turbine orders in Germany, totaling 58 MW. Both projects, WP Brand (36 MW) and WP Lautertal (22 MW), are with Uhl Windkraft and will feature V172-7.2 MW turbines. The projects are scheduled … Read the full press release

Vestas Secures 41 MW Wind Turbine Order for Spanish Wind Parks

(IN BRIEF) Vestas has secured a 41 MW order from Green Mind Ventures, part of GreenVolt, for wind turbines at two wind parks in Spain. The order includes the supply, installation, and a 20-year service agreement for nine turbines. Delivery … Read the full press release

Liverpool Literary Festival Returns with Best-Selling Author Adele Parks MBE

(IN BRIEF) The Liverpool Literary Festival returns from October 4-6, featuring best-selling author Adele Parks MBE, who will discuss her latest novel, First Wife’s Shadow, on October 5. The festival, now in its ninth year, will include a variety of … Read the full press release

MOL Group Demonstrates Resilience with Strong Financial Performance in H1 2024 Amid Industry Challenges

(IN BRIEF) MOL Group reported strong financial results for the first half of 2024, with a 19% year-on-year increase in profit before tax, driven by robust demand in Downstream, strong Upstream production, and retail expansion. Despite industry challenges, the company … Read the full press release

ANDRITZ Successfully Commissions World’s Largest Single-Line Eucalyptus Pulp Mill for Suzano in Brazil

(IN BRIEF) ANDRITZ has successfully started operations at Suzano’s new pulp mill in Brazil, which will be the world’s largest single-line eucalyptus pulp mill with an annual capacity of 2.55 million tons. The mill, which runs entirely on planted trees … Read the full press release

Wolters Kluwer Compliance Solutions Announces Key Speakers for 28th Annual CRA & Fair Lending Colloquium

(IN BRIEF) Wolters Kluwer Compliance Solutions will host its 28th annual CRA & Fair Lending Colloquium from November 17-20 in Championsgate, Florida. Keynote speakers include Shaun Donovan, CEO of Enterprise Community Partners, and James C. Ballentine, a senior advisor at … Read the full press release

New Research Links Typhoon Gaemi’s Intensity to Human-Driven Climate Change

(IN BRIEF) Researchers at Imperial College London found that Typhoon Gaemi in July 2024 was 50% more likely due to human-driven climate change, with its maximum wind speeds increased by 7%. The study, powered by Vodafone Foundation’s DreamLab app, used … Read the full press release

Deutsche Telekom Launches Powerful Campaign Against Disinformation

(IN BRIEF) Deutsche Telekom has launched a powerful new campaign as part of its “No Hate Speech” initiative, aimed at raising awareness about the dangers of disinformation. The campaign uses striking imagery to show how false information spreads rapidly like … Read the full press release

Plenitude to Power Electric Vehicles and Celebrate Youth at La Vuelta 24

(IN BRIEF) Plenitude, a subsidiary of Eni, will sponsor La Vuelta 24 for the third year, providing energy for the race’s electric vehicles and sponsoring the “Maillot Blanco” for the best young cyclist. They will also launch a community-focused initiative, … Read the full press release

New Technique Promises to Improve Drug Delivery and Reduce Injections for Cancer and HIV Patients

(IN BRIEF) Professor Remco Tuinier and his team at Eindhoven University of Technology have developed a new method to slow the release of protein-based drugs, addressing the challenge of rapid dispersion in the body. By using polyethylene glycol (PEG) and … Read the full press release

Skanska Secures $203M Contract for Major Data Center Expansion in Georgia

(IN BRIEF) Skanska has secured a supplemental contract worth USD 203 million to expand a data center in Georgia, USA. The project includes constructing a 244,090 square-foot facility with additional site work, underground utilities, and the fitout of administrative spaces … Read the full press release

Vitesco Technologies Revolutionizes DC-DC Converter Efficiency with Infineon’s CoolGaN™ Technology

(IN BRIEF) Vitesco Technologies has utilized Infineon Technologies’ CoolGaN™ Transistors to significantly enhance the efficiency and performance of its next-generation DC-DC converters, which are crucial in electric and hybrid vehicles. These converters connect high-voltage batteries to low-voltage circuits and are … Read the full press release

Rheinmetall Expands Medical Support to Ukraine with Additional Frontline Rescue Units

(IN BRIEF) Rheinmetall has secured a contract with the Ukrainian Ministry of Defence to deliver eight additional Forward Surgical Team stations, enhancing Ukraine’s medical response capabilities on the front lines. The order, valued in the mid-double-digit million-euro range, is part … Read the full press release

IMEON ENERGY Debuts on Euronext Access+, Plans Global Expansion with AI-Driven Solar Solutions

(IN BRIEF) IMEON ENERGY, a pioneer in AI-driven energy solutions, has successfully listed on Euronext Access+ with a market capitalization of approximately €11.6 million. The company, known for its innovative solar energy self-production and storage solutions, aims to use this … Read the full press release

Living Places Copenhagen: Real-Life Testing Underway to Monitor Indoor Climate and Health Impact

(IN BRIEF) This summer, the Living Places Copenhagen houses are being tested by residents in the railroad district of Copenhagen to monitor indoor climate performance and its impact on health. The project, led by the VELUX Group, aims to create … Read the full press release

Nokia and Swisscom Broadcast to Launch Nation’s Largest Drone Network for Enhanced Safety and Efficiency

(IN BRIEF) Nokia and Swisscom Broadcast are partnering to deploy a nationwide Drones-as-a-Service network in Switzerland, featuring 300 Nokia Drone-in-a-Box units. This network will enhance safety and efficiency for public safety and industrial applications, supporting emergency response, infrastructure inspection, and … Read the full press release

Nokia Achieves Milestone with Self-Certification of Fiber Products for BEAD Compliance

(IN BRIEF) Nokia has become the first technology vendor to self-certify its U.S.-manufactured fiber products as Buy America-compliant for the Broadband Equity, Access, and Deployment (BEAD) program. This certification ensures that operators and infrastructure builders can use Nokia’s certified products, … Read the full press release

Equinor Powers Platform Supply Vessel with Gasum’s Bio-LNG

(IN BRIEF) Gasum has partnered with Equinor to supply liquefied biomethane (bio-LNG) to Equinor’s platform supply vessel, Island Crusader, in the Port of Dusavik, Stavanger. The initiative, which began in mid-July, involves regular deliveries of bio-LNG, a renewable fuel with … Read the full press release