Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

bp Initiates Construction on 187MW Peacock Solar Project in Texas to Support Clean Energy Transition

(IN BRIEF) bp has commenced construction on the 187MWdc Peacock Solar project, located near Corpus Christi in Texas. This solar installation will generate renewable energy that will be sold to Gulf Coast Growth Ventures (GCGV), a joint venture between ExxonMobil … Read the full press release

ING Repurchases Over 6 Million Shares in Latest Phase of €1.5 Billion Share Buyback Program

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced that it repurchased a total of 6,053,559 shares during the week of September 18, 2023, through September 22, 2023, as part of its €1.5 billion share buyback program initiated in May 2023. The shares were … Read the full press release

Vienna Stock Exchange Launches Three New Thematic Indices to Reflect Long-Term Investment Trends in Central and Eastern Europe

(IN BRIEF) Vienna Stock Exchange has introduced three new thematic indices to reflect long-term investment trends in the Central and Eastern European (CEE) region. These indices are CECE Reshoring, CECE Commodity Producers, and CECE Clean Energy. CECE Reshoring comprises companies … Read the full press release

TenneT’s DolWin6 Offshore Grid Connection Expands German North Sea Wind Energy Capacity to Over 8 GW

(IN BRIEF) Transmission system operator TenneT has successfully completed the DolWin6 offshore grid connection, adding over eight gigawatts of connection capacity for wind energy in the German North Sea. This marks the 13th German offshore grid connection managed by TenneT … Read the full press release

Swiss Bank Hypothekarbank Lenzburg Embraces Digital Securities via SDX Membership

(IN BRIEF) Hypothekarbank Lenzburg AG has joined SIX Digital Exchange (SDX), enhancing its presence in Switzerland’s digital asset ecosystem. SDX is a regulated financial market infrastructure for digital assets. This collaboration allows Hypothekarbank Lenzburg to explore issuing and listing native … Read the full press release

Cargill and Solidaridad Form $4.6 Million Global Partnership to Enhance Farmer Livelihoods and Sustainable Farming Practices

(IN BRIEF) Cargill and Solidaridad have initiated a strategic global partnership aimed at enhancing the livelihoods of farmers, promoting climate-friendly farming practices, and advancing conservation and responsible land use. Over a three-year period, the $4.6 million program will impact approximately … Read the full press release

Shareholder Value: Neste Declares Second Extraordinary Dividend of EUR 0.25

(IN BRIEF) Neste, a Finnish company, has decided to pay a second extraordinary dividend of EUR 0.25 per share, in addition to the regular dividend approved at its Annual General Meeting in March. The second extraordinary dividend will be paid … Read the full press release

ANDRITZ Renews Collaboration with Schönbrunn Zoo to Provide Specially Prepared Bamboo Diet for Giant Pandas

(IN BRIEF) ANDRITZ, a technology group known for processing various fibers in pulp and paper mills worldwide, has renewed its collaboration with Vienna’s Schönbrunn Zoo to provide specially prepared bamboo for the zoo’s giant pandas. In response to a unique … Read the full press release

Dubai Air Navigation Services (dans) Partners with Indra to Pave the Way for Global SWIM System Deployment in Aviation

(IN BRIEF) Dubai Air Navigation Services (dans) has teamed up with Indra Avitech to become one of the pioneers in implementing the SWIM (System Wide Information Management) system. SWIM is an intranet designed to connect all stakeholders in the aviation … Read the full press release

Rheinmetall’s Castings Unit Secures Major Orders for Cylinder Heads and Battery Trays from Top Global Automaker

(IN BRIEF) Rheinmetall’s Castings business unit has received two significant orders, one from a top global automaker based in Shanghai and another from a joint venture of the same company. The orders include cylinder heads and battery trays, with the … Read the full press release

GKN Aerospace’s Malaysia Facility Earns Key Certifications for Engine Parts Repair and Manufacturing

(IN BRIEF) GKN Aerospace’s engine parts repair facility in Johor, Malaysia, has achieved significant certifications, including approvals from international airworthiness authorities such as CAAC, CAAS, and CAA in the UK. Additionally, the facility has obtained Original Equipment Manufacturer (OEM) qualification … Read the full press release

EVBox Livo and EVBox Elvi Chargers Qualify for Irish Government’s EV Home Charger Grant

(IN BRIEF) EVBox, a prominent electric vehicle (EV) charging solutions provider, has announced that its EVBox Livo and EVBox Elvi AC charging stations in Ireland are now registered on the Sustainable Energy Authority of Ireland (SEAI) Smart Charger Register. This … Read the full press release

Empa Develops Innovative Method to Analyze Hazardous Heavy Metals in Batteries

(IN BRIEF) Empa, a Swiss research institute, has created an innovative method for analyzing heavy metals like mercury, lead, and cadmium in batteries, supporting compliance with strict regulations. Batteries, used extensively in various applications, can contain harmful ingredients, and their … Read the full press release

Dunelm Continues 5-Year Tradition of Supporting Loughborough University Students

(IN BRIEF) For the fifth consecutive year, Dunelm has supplied Loughborough University with custom Dunelm starter packs for students in need, featuring bedding and kitchen essentials. These packs aim to ensure a smooth transition to university life by providing students … Read the full press release

EUROGATE and Terminal Investment Extend Partnership for Bremerhaven Terminal until 2048

(IN BRIEF) EUROGATE GmbH & Co. KGaA and Terminal Investment Limited (TiL) have agreed to extend their contract for the joint operation of the container terminal MSC Gate Bremerhaven until 2048. This contract extension, reached a few months before the … Read the full press release

Continental Opens State-of-the-Art Training Center in Gifhorn to Shape the Future of Work

(IN BRIEF) Continental, a global technology company, has inaugurated a new training center in Gifhorn, marking its 13th such facility in Germany since launching the Continental Institute for Technology and Transformation (CITT) in 2019. The center’s opening ceremony on September … Read the full press release

BBVA Breaks New Ground with Peru’s First Sustainable Mining Corporate Loan

(IN BRIEF) BBVA, a prominent financial institution, has made history by providing the first sustainable corporate loan to a mining company in Peru. The $200 million ‘Club Deal’ facility benefits mining companies Ares and Amarillo Mineraçao do Brasil. This groundbreaking … Read the full press release

Fincantieri Secures EUR 800 Million Financing Agreement with SACE Guarantees

(IN BRIEF) Fincantieri, the Italian shipbuilding company, has signed a significant EUR 800 million financing agreement with a 5-year tenor and a 3-year grace period. This facility, which aligns with the SupportItalia Guarantee under Legislative Decree No. 50 of May … Read the full press release

EQT to Sell LimaCorporate to Enovis Corporation, Creating Global Orthopaedic Industry Leader

(IN BRIEF) EQT, in collaboration with its co-shareholders, has agreed to sell LimaCorporate, a global orthopaedic implant manufacturer, to Enovis Corporation, a NYSE-listed company. LimaCorporate, known for its innovative orthopaedic solutions and additive manufacturing expertise, specializes in shoulder, knee, and … Read the full press release

MSCI Upgrades UniCredit’s ESG Rating to ‘AA’ for Strong Social Responsibility Practices

(IN BRIEF) MSCI, a prominent international ESG rating company, has raised UniCredit’s ESG rating from ‘A’ (average) to ‘AA’ (leader). This upgrade is primarily attributed to UniCredit’s commitment to social issues, including consumer protection, financial literacy programs, and responsible retail … Read the full press release