Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Indra Advances Space Strategy with Creation of Space NewCo and Acquisition of Deimos

(IN BRIEF) Indra has approved the creation of Space NewCo and signed a contract to acquire Deimos from Elecnor, strengthening its capabilities in the space industry. Space NewCo will integrate Indra’s stake in Startical, enhancing its position in air traffic … Read the full press release

ABL France Expands Operations with New Paris Office to Support Renewable Energy Growth

(IN BRIEF) ABL France has relocated to a new office in Paris at 21 Rue de la Fontaine au Roi. The move reflects the company’s growth and its commitment to the renewable energy, oil & gas, and maritime sectors. ABL … Read the full press release

EQT Acquires Majority Stake in Acronis, Strengthening Partnership for Future Growth

(IN BRIEF) EQT’s EQT X fund will acquire a majority stake in Acronis, a global cyber protection company. Existing investors, including CVC, Springcoast, and BlackRock Private Equity Partners, will retain minority stakes. This partnership aims to support Acronis’ growth and … Read the full press release

Morrisons Daily Expands ‘Surprise Bags’ Initiative with Too Good To Go to Over 930 Stores Nationwide

(IN BRIEF) Morrisons has expanded its partnership with Too Good To Go, now offering ‘Surprise Bags’ at over 930 Morrisons Daily convenience stores across the UK. This initiative helps reduce food waste and provides customers with discounted quality food nearing … Read the full press release

Ørsted Deploys Heavy-Lift Drones for Borssele Offshore Wind Farm Operations

(IN BRIEF) Ørsted has deployed heavy-lift cargo drones at the Borssele 1&2 Offshore Wind Farm, marking a significant advancement in operational efficiency and safety. These drones, capable of carrying up to 100 kg, significantly reduce the time required for cargo … Read the full press release

Stadler Showcases Future of Rail Transport at InnoTrans 2024

(IN BRIEF) At InnoTrans 2024, Stadler will unveil a range of innovative rail solutions, including the zero-emission RS ZERO, the CITYLINK tram-train, and the bi-mode Class 99 locomotive. Highlights also include new underground trains for Berlin and battery-powered FLIRT Akku … Read the full press release

Voith and HADAG Celebrate Milestone in Hybrid Ferry Electrification

(IN BRIEF) Voith and HADAG Seetouristik und Fährdienst AG have commissioned the first of three type 2030 hybrid ferries for the Port of Hamburg. The ferry, featuring advanced electric Voith Schneider Propellers (eVSPs) and an optimized hull design, promises reduced … Read the full press release

Strøm Gundersen Vestfold Secures Contract for Larvik Health Park Construction

(IN BRIEF) JVH Eiendom has awarded Strøm Gundersen Vestfold, a subsidiary of AF Gruppen, a NOK 125 million contract (excluding VAT) to design and construct the Larvik Health Park. The project includes a four-story health center with a parking basement, … Read the full press release

€50 Million EIB Loan to Boost Solar Energy Capacity in Spain with Five New Plants

(IN BRIEF) The European Investment Bank (EIB) and Matrix Renewables have secured a €50 million green loan to develop five new solar photovoltaic plants in Castilla y Leon and Extremadura, Spain, with a total capacity of 240 MW. This project, … Read the full press release

S&P Global and Accenture Partner to Advance Generative AI in Financial Services

(IN BRIEF) S&P Global and Accenture have partnered to advance generative AI in the financial services industry. This includes launching a comprehensive AI learning program for S&P Global’s workforce and enhancing AI development and benchmarking solutions. The collaboration aims to … Read the full press release

Digi Communications N.V. announces Investors Call for the presentation of the H1 2024 Financial Results

(IN BRIEF)Digi Communications N.V. will host a conference call on 14 August 2024 at 14:00 UK time / 16:00 EEST (Romania time) to discuss its unaudited H1 2024 financial results. The results will be published the same day at 08:00 … Read the full press release

Safran Electronics & Defense Expands U.S. Manufacturing for Small Satellite Propulsion Systems

(IN BRIEF) Safran Electronics & Defense is expanding its U.S. manufacturing capabilities for small satellite propulsion systems to meet growing market demand. The new Colorado facility will produce the EPS®X00 system, with first deliveries in Q1 2026, supporting both American … Read the full press release

VINCI Highways Launches Peru’s First Self-Service Automated Toll Booths

(IN BRIEF) VINCI Highways, through Lima Expresa, has launched Peru’s first self-service automated toll booths for digital payments. Following a successful pilot program, 14 additional booths will be deployed, reducing payment times and improving traffic flow at Lima’s toll plazas. … Read the full press release

VARD Signs Contract for Advanced Energy Construction Vessel for Wind Energy Construction AS

(IN BRIEF) VARD, a subsidiary of the Fincantieri Group, has signed a contract to design and build an advanced Energy Construction Vessel (ECV) for Wind Energy Construction AS, with delivery slated for Q2 2027. The vessel, built at Vard Vung … Read the full press release

NORMA Group Secures Contract for Energy Storage Facility in Germany

(IN BRIEF) NORMA Group has secured a contract to supply V-band clamps for a German energy storage facility, supporting the cooling system of large stationary batteries. The contract, valued at EUR 2.4 million, spans from 2024 to 2028, providing between … Read the full press release

Perspectief 2024/2025: Call for Proposals to Foster Technological Innovations

(IN BRIEF) The Perspectief financing instrument invites researchers, companies, and civil-society organizations to submit proposals for collaborative research projects focused on technological innovations. Key changes include reduced co-financing requirements and updated key technologies. Deadlines are in October 2024, November 2024, … Read the full press release

New Study Reveals Extensive Plant Life in Antarctica, Revolutionizing Conservation Efforts

(IN BRIEF) A groundbreaking study led by an international team, including SAMS, has mapped plant life across Antarctica, revealing nearly 45 square kilometers of vegetation. This discovery, published in Nature Geoscience, will inform conservation efforts and challenge perceptions of Antarctica … Read the full press release

Evonik’s MACBETH Project: A New Era in Chemical Industry Innovation

(IN BRIEF) Evonik’s MACBETH project marks a revolutionary advancement in the chemical industry. The team, led by Robert Franke, installed a demonstration plant at the Marl Chemical Park, showcasing innovative research cast in steel and iron. This project highlights significant … Read the full press release

Sainsbury’s Enhances Shopping Experience with NCR Voyix Technology Partnership

(IN BRIEF) Sainsbury’s has partnered with NCR Voyix in a seven-year agreement to enhance its shopping experience and support its business strategy. The partnership involves upgrading 22,500 checkouts with advanced NCR Voyix technology, including AI-powered self-checkout systems and real-time analytics. … Read the full press release

Johnson Controls Finalist in Empire Technology Prize for Innovative Low Carbon Heat Pump Solution

(IN BRIEF) Johnson Controls has been named a finalist in the Empire Technology Prize for its innovative heat pump solution, designed to advance low carbon heating in tall buildings. The system uses ultra-low GWP refrigerant and is expected to save … Read the full press release