Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

ABB to Deliver Power Distribution System for Samskip’s Hydrogen-Powered Container Ships

(IN BRIEF) ABB has secured an order to provide a comprehensive power distribution system for two new short-sea container ships being built for Samskip Group, a global logistics company based in Rotterdam. These vessels will be among the world’s first … Read the full press release

SIX Appoints Bjørn Sibbern as Global Head of Exchanges and Executive Board Member

(IN BRIEF) Bjørn Sibbern, currently the Executive Vice President and President of European Markets at Nasdaq, has been appointed as the Global Head of Exchanges and a Member of the Executive Board of SIX. He will assume this position on … Read the full press release

Hexagon Launches HxGN Mould & Die Suite for Enhanced Mould and Die Manufacturing Efficiency

(IN BRIEF) Hexagon’s Manufacturing Intelligence division has introduced the HxGN Mould & Die suite, comprising dedicated CAD/CAM, engineering, and automation tools to empower mould and die manufacturers. The suite targets operational excellence in designing and producing plastic injection moulds, progressive … Read the full press release

Rheinmetall Receives Multi-Million Euro Orders for Coolant Control Valves in Fuel Cell-Powered Trucks

(IN BRIEF) Rheinmetall AG, a technology enterprise, has secured significant orders in the mid-two-digit million-euro range from a major international truckmaker for coolant control valves to be used in fuel cell-powered trucks. The orders include electronic thermostatic valves and coolant … Read the full press release

Bosch and Palas Collaborate to Enhance Air Quality Monitoring with Comprehensive Solutions

(IN BRIEF) Bosch and Palas GmbH, a measuring technology specialist, have formed a strategic partnership to improve air quality monitoring. Palas will provide expertise in measuring various gases and airborne particles, incorporating Bosch’s Environmental Connected Box (ECoB) measurement device into … Read the full press release

DHL Supply Chain Invests €80 Million in Cork Biomethane Facility for Carbon-Neutral Trucks

(IN BRIEF) DHL Supply Chain has unveiled an €80 million investment plan to operate biomethane-fueled trucks, partnering with Stream BioEnergy to establish a dedicated biomethane production facility in Cork. Biomethane is a renewable gas with the potential for carbon neutrality. … Read the full press release

ANDRITZ Supports Albis in Advancing Nonwoven Innovation for Hygiene and Medical Applications

(IN BRIEF) International technology group ANDRITZ has successfully commenced operations of a new carding machine and opening/blending line at Albis in Roasio, Vercelli, Italy. This investment marks a significant milestone for Albis in meeting evolving demands and producing innovative nonwoven … Read the full press release

Vattenfall Advances Seabird Tracking with AI Technology at Aberdeen Offshore Wind Farm

(IN BRIEF) Vattenfall has initiated a groundbreaking trial at the Aberdeen Bay Offshore Wind Farm, employing artificial intelligence (AI) technology to track seabird movements. Developed by Norwegian Spoor, this AI technology precisely monitors the 3D flight paths of birds near … Read the full press release

Lenzing Achieves EU Ecolabel Certification for Indonesian Fibers, Reinforces Commitment to Sustainability

(IN BRIEF) The Lenzing Group, a leading provider of specialty cellulose fibers for textiles and nonwoven industries, has attained certification from the prestigious EU Ecolabel for its fibers produced at the Indonesian facility in Purwakarta (PT. South Pacific Viscose). This … Read the full press release

EIF Invests €40 Million in Blume Equity to Boost European Climate Tech Startups

(IN BRIEF) The European Investment Fund (EIF) is injecting €40 million into Blume Equity, a leading European climate tech growth fund, with support from the InvestEU program. This investment, one of EIF’s largest in a first-time growth-stage fund, aims to … Read the full press release

EIB President Werner Hoyer Urges Equitable Climate Action at UNGA

(IN BRIEF) At the 78th General Assembly of the United Nations (UNGA), EIB President Werner Hoyer emphasized the importance of ambitious climate action and global development partnerships. Speaking at the Climate Ambition Summit, President Hoyer highlighted the economic potential of … Read the full press release

New Names Revealed for Vestide/Woonbedrijf’s Student Housing Buildings on TU/e Campus

(IN BRIEF) The names of three new student housing buildings, comprising a total of 735 units on the TU/e campus, have been unveiled by Roy Beijnsberger, General Director/Board Member of Woonbedrijf, and Robert-Jan Smits, President of the TU/e Executive Board. … Read the full press release

Merck Forms AI-Driven Drug Discovery Collaborations with BenevolentAI and Exscientia

(IN BRIEF) Merck, a prominent science and technology company, has announced strategic drug discovery collaborations with AI technology firms BenevolentAI and Exscientia. These partnerships aim to leverage AI-driven design and discovery capabilities to advance research efforts in key therapeutic areas, … Read the full press release

Ahlstrom Begins Production of Advanced Synthetic Filter Media in South Korea

(IN BRIEF) Ahlstrom has initiated the production of new synthetic filter media at its Huyn-Poong plant in South Korea, marking its first commercial orders for these materials. The newly produced filter media, which are calendered and embossed, offer extended filter … Read the full press release

Landis+Gyr Collaborates with Atlante to Expand EV Charging Infrastructure in Southern Europe

(IN BRIEF) Landis+Gyr, a prominent provider of integrated energy management solutions, has entered into an agreement with Atlante, a subsidiary of the NHOA Group specializing in electric vehicle (EV) charging infrastructure. The partnership aims to enhance EV charging capabilities across … Read the full press release

Jos Dijsselhof, CEO of SIX, Elected as Vice Chairman of the World Federation of Exchanges (WFE)

(IN BRIEF) Jos Dijsselhof, the CEO of SIX, has been unanimously elected as the new Vice Chairman of the World Federation of Exchanges (WFE) during its Annual Meeting. He will serve a two-year term in this role. Previously, Dijsselhof held … Read the full press release

Infineon Collaborates with Infypower to Boost EV Charging Efficiency with SiC Power Semiconductors

(IN BRIEF) Infineon Technologies has partnered with Infypower, a prominent Chinese new energy vehicle charging company, to enhance the efficiency of electric vehicle (EV) charging stations. Infineon will supply Infypower with its industry-leading 1200 V CoolSiC™ MOSFET power semiconductor devices, … Read the full press release

UniCredit Plans €2.5 Billion Share Buy-Back as Part of 2023 Distribution Strategy

(IN BRIEF) UniCredit S.p.A. has announced its intention to launch a tranche of its 2023 share buy-back program, with a maximum value of €2.5 billion. The bank cites its strong capital levels, robust financial performance, solid asset quality, and lower … Read the full press release

Alexion and AstraZeneca Acquire Rare Disease Gene Therapy Portfolio from Pfizer for $1 Billion

(IN BRIEF) Alexion, in collaboration with AstraZeneca Rare Disease, has finalized an agreement to acquire a collection of preclinical rare disease gene therapy programs and related technologies from Pfizer Inc. This strategic move combines the expertise of Alexion and AstraZeneca … Read the full press release

ORLEN and Northland Power Secure Financing for Baltic Power Wind Farm

(IN BRIEF) The ORLEN Group and Northland Power have signed credit facility agreements with a syndicate of 25 Polish and international financial institutions to finance the Baltic Power project, the first wind farm to be constructed in Polish waters of … Read the full press release