Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

SCC and Freshworks Join Forces to Deliver AI-Driven IT and Enterprise Service Management Across Europe

(IN BRIEF) SCC and Freshworks have announced a strategic partnership to deliver Freshworks’ AI-powered ITSM and ESM solutions—such as Freshservice—through SCC’s enterprise delivery channels across the UK and Europe. The collaboration combines SCC’s implementation expertise with Freshworks’ modern, cloud-native platforms, … Read the full press release

New Isotope Fingerprinting Technique Flags Counterfeit Medicines by Factory Origin

(IN BRIEF) A collaborative study by the University of Copenhagen and Stanford University has revealed that pharmaceuticals possess unique isotopic signatures—based on stable isotopes of carbon, hydrogen and oxygen—that correspond to their manufacturing conditions. By profiling these δ²H, δ¹³C and … Read the full press release

Kuehne+Nagel and ABB Enhance Chilean Logistics Partnership with Last-Mile and Fulfillment Services

(IN BRIEF) Kuehne+Nagel and ABB have expanded their partnership in Chile to encompass last-mile delivery and fulfillment under contract logistics, building on more than ten years of joint air freight operations. Kuehne+Nagel will handle logistics for ABB’s Electrification, Motion and … Read the full press release

Accenture Ventures Backs Snorkel AI to Supercharge Data-Centric AI Solutions for Regulated Industries

(IN BRIEF) Accenture Ventures has invested in Snorkel AI to bolster enterprise AI adoption by improving dataset quality for model training and evaluation. Snorkel’s platform automates the conversion of siloed data and domain expertise into high-fidelity datasets, facilitating rapid, secure … Read the full press release

AFRY Partners with Colombia’s ISA and Swedfund to Map Techno-Economic Pathways for Large-Scale Renewable Integration

(IN BRIEF) AFRY has teamed up with ISA Interconexión Eléctrica S.A. E.S.P.—backed by Swedfund International—to conduct a detailed assessment of the technical and economic impacts of large-scale renewable energy integration in Colombia. The study will examine grid capacity, stability and … Read the full press release

Sanofi Acquires Vigil Neuroscience to Advance VG-3927 Alzheimer’s Program and Expand Neurodegeneration Research

(IN BRIEF) Sanofi has finalized its takeover of Vigil Neuroscience for roughly $470 million, acquiring all outstanding shares at $8 each and issuing a $2-per-share CVR tied to VG-3927’s first commercial sale. This deal, following Sanofi’s June 2024 strategic investment, … Read the full press release

Almirall and Absci Advance AI Drug Discovery with Second Dermatology Target Selection

(IN BRIEF) Almirall and Absci have expanded their AI-based drug discovery collaboration by selecting a second dermatological target, following the initial success of AI-designed antibody leads against a difficult-to-drug protein. Their partnership, active since November 2023, leverages Absci’s Integrated Drug … Read the full press release

EIB Global Powers €21.5 Million Equity in IHS Kenya Green Housing Fund to Deliver Hundreds of Affordable, Energy-Efficient Homes

(IN BRIEF) EIB Global has invested €21.5 million in the IHS Kenya Green Housing Fund to support the construction and acquisition of affordable, energy-efficient housing in Nairobi and Kiambu. Three projects—Tilisi, Garden City’s Muzi Stawi, and Mashiara Park—comprise 664 units, … Read the full press release

Digi Communications NV announces “Investors Call for the presentation of the H1 2025 Financial Results”

(IN BRIEF) Digi Communications N.V., a major European telecom provider listed on the Bucharest Stock Exchange, has announced it will hold a conference call on 14 August 2025 at 14:00 UK time (16:00 EEST) to present its H1 2025 financial … Read the full press release

EBRD, EU, and EIB Back Electrification of Key Durrës–Rrogozhinë Rail Link

(IN BRIEF) The EBRD, EIB, and EU have joined forces to finance the reconstruction and electrification of Albania’s Durrës–Rrogozhinë railway, part of Pan-European Corridor VIII. The EBRD’s €30 million sovereign loan, matched by the EIB and backed by €60 million … Read the full press release

Bilfinger Wins FEED Contract for KNPC’s New North Oil Pier at Mina Al Ahmadi

(IN BRIEF) Bilfinger has been awarded a major FEED contract by KNPC to replace aging oil piers at the Mina Al Ahmadi Refinery with a new North Oil Pier and upgraded onshore facilities. This modernization will secure uninterrupted exports of … Read the full press release

Mutares Acquires inTime Group to Lead in Time-Critical and Battery Logistics

(IN BRIEF) Mutares SE & Co. KGaA has acquired inTime Group from Super Group Limited, adding a time-critical logistics leader to its Goods & Services segment. inTime Group, with €115 million in 2024 revenue and 450 employees, operates three divisions: … Read the full press release

Elmos Semiconductor SE Launches 2025 Apprenticeship and Dual-Study Programs in Dortmund

(IN BRIEF) Elmos Semiconductor SE welcomes eleven new apprentices and dual-study students to its Dortmund site in 2025, joining 31 individuals enrolled across technical and commercial training tracks. Technical pathways include IT, electronics, physics, and engineering degrees—both vocational and practice-integrated—while … Read the full press release

DICV Launches BharatBenz HX and Torqshift Series Trucks for Tough Construction Duties

(IN BRIEF) DICV has introduced two new BharatBenz HX models (2828C HX and 3532C HX) with 280 hp or 320 hp powertrains, advanced driver aids, and high-gradeability axles for demanding off-road use. The Torqshift series adds two automatic-transmission trucks (2832CM … Read the full press release

AI Drives 106 Percent Boom in Boomer Travel Bookings, Finds Adyen Report

(IN BRIEF) Adyen’s 2025 Hospitality and Travel Report reveals a transformative shift: Boomers lead with a 106 percent increase in AI-driven trip planning, contributing to a 74 percent overall jump in AI use for destination discovery. The survey of 40,000 … Read the full press release

Rothesay Insures £900 Million More of National Grid Pension Liabilities, Protecting 7,130 Retirees

(IN BRIEF) In July 2025, Rothesay completed a £900 million buy-in with the National Grid UK Pension Scheme, covering 7,130 pensioners and dependants and bringing the Scheme’s total liabilities covered by Rothesay to £4.5 billion. Rothesay’s asset management team sourced … Read the full press release

Fresenius Kabi Secures Global Rights to PB016 Vedolizumab Biosimilar from Polpharma Biologics

(IN BRIEF) Fresenius Kabi has licensed rights from Polpharma Biologics to commercialize the vedolizumab biosimilar candidate PB016 globally—except in the Middle East and North Africa—once approved. Vedolizumab treats Crohn’s disease and ulcerative colitis, and PB016 references Takeda’s Entyvio®. The transaction … Read the full press release

PUMA Names Archie McEachern VP of Basketball to Drive Next Phase of Growth

(IN BRIEF) PUMA has tapped Archie McEachern, a seasoned sports-industry executive with prior roles at Nike, VF Corporation, and start-up leadership at 360 Hoops, as Vice President of Basketball, beginning August 18, 2025. Based in Boston and reporting to CPO … Read the full press release

Salzgitter AG Launches Employee Bike Leasing for Healthier, Greener Commuting

(IN BRIEF) Salzgitter AG has introduced a bike-leasing program in collaboration with Lease a Bike (VW Financial Services), enabling employees to lease e-bikes, mountain bikes, or road bikes via salary conversion. Since its July launch, about 2,000 staff registered and … Read the full press release

Prosus and Dealroom.co Reveal How Agentic AI Is Becoming Digital Coworkers Today

(IN BRIEF) Prosus and Dealroom.co’s new report introduces “Agentic AI”—autonomous, decision-making systems poised to become digital coworkers. Mapping over 1,500 agents across sectors, it shows that coding agents have achieved early market fit and that fully autonomous AI employees are … Read the full press release