Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

MAHLE Aftermarket Unveils Advanced Workshop Solutions at Automechanika 2024, Emphasizes Future-Ready Technologies

(IN BRIEF) MAHLE Aftermarket will present its comprehensive range of workshop solutions at Automechanika 2024, focusing on electrification and thermal management. Key highlights include the TechPRO® 2 diagnostic tool with remote capabilities, the expanded BatteryPRO product line, and a new … Read the full press release

University of Warwick Triumphs with Three Wins in 2024 Advance HE Teaching Excellence Awards

(IN BRIEF) The University of Warwick has achieved significant recognition in the 2024 Advance HE Teaching Excellence Awards, with two academics, Dr. Isabel Fischer and Professor Jane Bryan, receiving National Teaching Fellowships, and the Warwick Postgraduate Teaching Community (WPTC) earning … Read the full press release

Liverpool to Host British Science Festival 2025, Celebrating Innovation and Community Engagement

(IN BRIEF) The British Science Association (BSA) has announced that the British Science Festival will be held in Liverpool from September 10 to 15, 2025, in partnership with the University of Liverpool and Liverpool John Moores University (LJMU). The event … Read the full press release

Breakthrough in Water Quality Monitoring: Researchers Introduce Low-Cost Portable Sensor

(IN BRIEF) Researchers from the University of York, Phutung Research Institute in Nepal, and the University of Sao Paulo in Brazil have developed realtimeWAS, an innovative, low-cost, portable sensor for real-time detection of bacterial contamination in drinking water. This handheld … Read the full press release

Adventure Lists on Euronext Growth Milan, Raising €4 Million in IPO

(IN BRIEF) Adventure, a digital communications company specializing in price comparison for utilities and insurance, has successfully listed on Euronext Growth Milan, raising €4 million and achieving a market capitalisation of €14 million. This marks the 15th listing on Euronext … Read the full press release

SUEZ Renews Partnership with Tour de France Femmes avec Zwift, Enhancing Eco-Friendly Initiatives for 2024

(IN BRIEF) SUEZ has renewed its partnership with the Tour de France Femmes avec Zwift for three more years, extending its services to optimize drinking water distribution and waste management for the 2024 race. SUEZ will connect start and finish … Read the full press release

Joint Operation by Romanian and Moldovan Authorities Uncovers EUR 3 Million Financial Scam, 12 Arrested

(IN BRIEF) Romanian and Moldovan authorities, supported by Eurojust and Europol, have dismantled an organized crime group responsible for defrauding over 150 victims through a fake investment scheme since 2022. The scam, which used false advertisements and fake investment platforms, … Read the full press release

EIF Boosts Norwegian Tech Startups with Record Investment in SINTEF’s New Fund

(IN BRIEF) The European Investment Fund (EIF) has made its largest investment yet in Norwegian technology startups by contributing to SINTEF’s seed fund, SINTEF Venture VI, which now manages a capital of half a billion Norwegian kroner. This fund aims … Read the full press release

Cathay Group Strengthens Fleet with Order for 30 Airbus A330-900 Aircraft

(IN BRIEF) Cathay Group’s order for 30 Airbus A330-900 aircraft underscores its commitment to fleet modernization and sustainability. These new aircraft will enhance Cathay’s operational flexibility and fuel efficiency, supporting its regional and long-haul routes while contributing to its net-zero … Read the full press release

African Clean Energy Developments Places 144 MW Wind Turbine Order for Khangela Emoyeni Wind Farm

(IN BRIEF) African Clean Energy Developments (ACED) has placed a 144 MW order with Vestas for the Khangela Emoyeni wind farm in Western Cape, South Africa. This order includes 32 V163-4.5 MW wind turbines and a 10-year service agreement. It … Read the full press release

Glencore Retains Coal and Carbon Steel Materials Business After Positive Shareholder Feedback

(IN BRIEF) Glencore initially proposed the demerger of its coal and carbon steel materials business following positive feedback during its acquisition approach to Teck in early 2023. However, evolving shareholder views on ESG and increased support for Glencore’s climate strategy … Read the full press release

NatWest and UK Infrastructure Bank Partner with Quickline to Enhance Rural Broadband in Northern England

(IN BRIEF) NatWest and the UK Infrastructure Bank have committed significant financial support to Quickline Communications to enhance broadband connectivity in rural areas of Yorkshire and Lincolnshire. This initiative, part of the UK government’s Project Gigabit, aims to provide full-fibre … Read the full press release

Deutsche Telekom Enhances Global IoT Connectivity with Bridge Alliance Membership

(IN BRIEF) Deutsche Telekom’s IoT subsidiary has joined the Bridge Alliance, enhancing global IoT connectivity and simplifying international operations for businesses. This partnership, the first of its kind for a European telecommunications company, allows for seamless IoT integration across Europe … Read the full press release

Siemens Unveils New Enhancements for Sinumerik 828D CNC Controller at AMB Stuttgart

(IN BRIEF) Siemens has announced major enhancements to its Sinumerik 828D CNC controller at AMB Stuttgart, introducing new processor units and a redesigned MCP. These upgrades aim to increase productivity, sustainability, and efficiency, featuring advanced connectivity, improved cybersecurity, and digital … Read the full press release

SUSS MicroTec Announces Strong H1 2024 Results and Upgraded Forecast

(IN BRIEF) SUSS MicroTec SE reported strong financial results for the first half of 2024, with a high order book of €450 million and a significant 45.6% increase in sales to €192.8 million. The Q2 sales reached €99.3 million, driven … Read the full press release

PVA TePla Partners with Scientific Visual to Enhance Silicon Carbide Quality Control

(IN BRIEF) PVA TePla has partnered with Scientific Visual, acquiring a 25% stake to enhance its silicon carbide quality control capabilities. This collaboration aims to improve the inspection and production yield of silicon carbide crystals, meeting the growing global demand … Read the full press release

Porsche Implements Innovative Battery Storage System at Leipzig Plant

(IN BRIEF) Porsche has introduced a new battery storage system at its Leipzig plant, repurposing used Taycan batteries to create a sustainable energy solution. The system, part of Porsche’s “Second Life” initiative, will enhance the plant’s energy efficiency, contribute to … Read the full press release

JOST Unveils Innovative Products for Commercial Vehicles at Lastbil 2024

(IN BRIEF) JOST will present its latest innovations at Lastbil 2024, including the KKS automatic coupling system, King Pin Finder, and intelligent axle systems. These products address critical industry issues like driver shortages and sustainability, showcasing JOST’s commitment to enhancing … Read the full press release

JERA Nex and JERA Americas Enter US Solar Market with Major Acquisitions

(IN BRIEF) JERA Nex and JERA Americas have entered the US solar market by acquiring two solar projects, totaling 395MW AC, from Lightsource bp. The projects, located in Arkansas and Louisiana, are now operational and will provide renewable energy under … Read the full press release

Logicor to Redevelop Vacant Neuss Site into New Business Park

(IN BRIEF) Logicor has obtained a building permit to redevelop a former department store site in Neuss, Germany, into a modern business park. The 25,740 sqm site will feature 12 adaptable units to attract various businesses, enhancing the area’s economic … Read the full press release