Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

BBVA Innovates Online Access with Bizum Service, Revolutionizing Customer Interaction

(IN BRIEF) BBVA, the first bank in Spain to do so, has launched a new Bizum service that allows its customers to conveniently register and log in at online retailers and service providers. This feature streamlines the registration and access … Read the full press release

Boskalis to Enhance A2 Motorway in Limburg with Innovative Approach

(IN BRIEF) Boskalis, a prominent Dutch company, has secured a contract from Rijkswaterstaat to widen the A2 motorway between junctions Het Vonderen and Kerensheide. This infrastructure project aims to alleviate traffic congestion on the key north-south motorway in southern Limburg. … Read the full press release

Swiss Re Introduces AI-Powered Mental Health App, Collaborates with Wysa for Holistic Support

(IN BRIEF) Swiss Re Reinsurance Solutions has partnered with Wysa to launch Wysa Assure, an AI-driven mental health support app. Combining Swiss Re’s risk expertise with Wysa’s AI technology, the app offers on-demand mental health assistance through an AI chatbot … Read the full press release

Rheinmetall Gains New Order in Fuel Cell Component Sector, Boosts Hydrogen Initiative

(IN BRIEF) Rheinmetall AG, a tech enterprise, has secured an order worth several million euros for cathode and shut-off valves from a prominent fuel cell specialist in Europe’s heavy transport sector. This victory adds to Rheinmetall’s string of six series … Read the full press release

Expro Advances Subsea Services Portfolio with PRT Offshore Acquisition

(IN BRIEF) Energy services provider Expro has announced its definitive agreement to acquire PRT Offshore, an offshore services provider, in a deal valued at approximately $106 million. The acquisition, subject to closing conditions and working capital adjustments, will be paid … Read the full press release

SEAT S.A. Achieves Record-Breaking H1 Financial Results Driven by CUPRA’s Success and Increased SEAT Brand Volume

(IN BRIEF) SEAT S.A. has achieved exceptional financial results in the first half of 2023, with an operating profit of 371 million euros, showcasing a notable increase due to the success of its CUPRA brand and heightened SEAT brand volume. … Read the full press release

Digi Communications N.V. announces that its Belgian affiliated companies are moving ahead with their operations

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(IN BRIEF) Digi Communications N.V., a European telecommunications company, has announced that its Belgian affiliated companies, Digi Communications Belgium N.V. and InSky N.V., have reached wholesale agreements with Proximus Plc, a major Belgian operator. These agreements grant the Belgian companies … Read the full press release

Sappi Saiccor Partners with ANDRITZ for Three-Year Service Contract to Enhance Boiler Efficiency

(IN BRIEF) Sappi Saiccor, a dissolving pulp producer, has entered into a three-year service contract with ANDRITZ for two recovery boilers at its mill in Umkomaas, South Africa. The boilers, operational since 2008 and 2021, produce steam for the mill’s … Read the full press release

Equinor Successfully Completes Project to Boost Production from Statfjord Øst Field in Norway

(IN BRIEF) Equinor and its partners have successfully completed a project to increase production by 26 million barrels of oil equivalents from the Statfjord Øst field in Norway. The project was finished with strong safety outcomes and within estimated costs, … Read the full press release

Barclays Bolsters Internet Banking Team with Key Appointments: Emma Taylor as Global Head and Carmen Chan as Managing Director

(IN BRIEF) Barclays has appointed Emma Taylor as the Global Head of Internet Coverage and Carmen Chan as a Managing Director of Internet Coverage within the Technology Investment Banking division. Emma Taylor, with nearly 20 years of experience in Technology … Read the full press release

BAE Systems Awarded $190 Million Contract to Produce Upgraded Bradley A4 Combat Vehicles

(IN BRIEF) BAE Systems has secured a contract modification exceeding $190 million for the production of the Bradley A4, a crucial combat vehicle used by Armored Brigade Combat Teams. The contract includes over 70 M2A4 Infantry Fighting Vehicles and M7A4 … Read the full press release

EBRD Supports LifeSpot in Tackling Poland’s Housing Shortage Amid Refugee Influx

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a loan of up to €25 million to LifeSpot, a residential rental accommodation operator in Poland. The loan aims to address Poland’s housing shortage, which has been exacerbated … Read the full press release

Ahlstrom Sells Stenay Plant in France to Accursia Capital, Paving the Way for Long-Term Growth

(IN BRIEF) Ahlstrom has finalized an agreement to sell its Stenay plant in France to Accursia Capital, a move that aligns with Accursia Capital’s long-term investment strategy to bolster the plant’s position in the paper-based packaging market. The divestment, supported … Read the full press release

DNB Partners with TCS and Capgemini for Enhanced IT Services, Ending Association with Centric

(IN BRIEF) De Nederlandsche Bank (DNB) has entered into four-year agreements with TCS and Capgemini to provide IT services, starting in 2024. TCS will manage the service desk, while Capgemini will oversee the data centers, marking the end of DNB’s … Read the full press release

University of Glasgow Leads New Quantum Technologies Research Alliance with Scottish Funding

(IN BRIEF) The University of Glasgow has been selected to lead a novel research alliance in quantum technologies, backed by the Scottish Funding Council’s (SFC) Alliance for Research Challenges (ARCs) program. This initiative, supported by up to £600,000 in funding … Read the full press release

University of Dundee Representatives Embrace Educational and Cultural Exchange at SWUFE in China

(IN BRIEF) Representatives from the University of Dundee attended Southwestern University of Finance and Economics (SWUFE) in China, engaging in a two-week program involving lectures on business, finance, economics, and broader topics like international trade, cultural differences, and COVID recovery. … Read the full press release

ABN AMRO Advocates Digital Financial Education for Children to Foster Financial Independence

(IN BRIEF) ABN AMRO emphasizes the importance of incorporating digital financial education for children in response to the increasing shift towards digital payments. While cash usage among children is decreasing, their use of bank cards and digital banking apps is … Read the full press release

Alexander Zwart Appointed Chief Innovation and Technology Officer at Rabobank, Succeeding Bart Leurs

(IN BRIEF) Alexander Zwart will assume the role of Chief Innovation and Technology Officer (CITO) at Rabobank, joining the Managing Board as of 1 December. In this position, he will oversee Technology, Data and Analytics, Digital Transformation, and Innovation for … Read the full press release

Digi Communications N.V. announces the availability of the instruction regarding the payment of share dividend for the 2022 financial year

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(IN BRIEF) Digi Communications N.V. has announced the availability of detailed instructions for the payment of a share dividend for the 2022 financial year. The dividend amounts to 1 leu per share and was approved during the Company’s Ordinary General … Read the full press release