Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Skanska to Construct Ambitious and Climate-Friendly Care Home in Bergen, Norway, Valued at SEK 550 Million

(IN BRIEF) Skanska has entered into an agreement with the Municipality of Bergen in Norway to construct the Midtbygda care home. The contract is valued at approximately NOK 548 million (about SEK 550 million) and will be part of Skanska’s … Read the full press release

AXA Unveils Employee Share Offering ‘Shareplan 2023’ Across 40 Countries to Foster Employee Ownership and Engagement

(IN BRIEF) AXA Group has launched its annual employee share offering named “Shareplan 2023” in 40 countries, inviting more than 110,000 employees to participate. The program allows employees to subscribe to shares issued through a capital increase reserved for employees. … Read the full press release

E.ON Raises €1.5 Billion Through Green Bonds for Future Sustainability Projects and Prefunding 2024 Needs

(IN BRIEF) E.ON has successfully issued two green bond tranches totaling €1.5 billion to prefund parts of its 2024 funding needs. The bonds have maturities of 8 years and 12 years, with coupons of 3.75% and 4.00% respectively. The issuance … Read the full press release

ING Advances Share Buyback Program, Repurchasing Over 22 Million Shares for €298 Million

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

(IN BRIEF) ING has made progress on its share buyback program, repurchasing 22,963,042 shares during the week of August 14 to 18, 2023. The shares were acquired at an average price of €13.01, totaling €298,758,301.04. This is part of the … Read the full press release

EBRD Extends €100 Million Loan to North Macedonia’s ESM for Energy Security and Decarbonization

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €100 million emergency liquidity loan to JSC Elektrani na Severna Makedonija (ESM), the public electricity utility of North Macedonia. This loan aims to enhance ESM’s financial stability, … Read the full press release

Equinor Announces Q1 2023 Dividend Payouts and Schedule for Oslo and NYSE Shareholders

(IN BRIEF) Equinor ASA, a global energy company, has disclosed its dividend payouts for the first quarter of 2023. On May 4th, 2023, Equinor declared a regular dividend of USD 0.30 per share and an extraordinary dividend of USD 0.60 … Read the full press release

Prime Warehouse Costs Surge Globally, Sydney Overtakes Hong Kong in Savills Report

(IN BRIEF) Total costs for prime warehousing space, including rents, service charges, and taxes, have increased by 10.1% over the 12 months leading up to June 2023, surpassing the 8% annual increase recorded between 2021 and 2022, according to Savills … Read the full press release

Digi Communications N.V. announces the availability of the 2022 Annual Report

(PRESS RELEASE) BUCHAREST, Romania, 18-Aug-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) informs the market about the availability of the 2022 Annual Report which was approved by the Company’s Ordinary General Shareholders Meeting, which was held on … Read the full press release

Digi Communications N.V. announces the general shareholders’ meeting resolutions from 18 August 2023 approving amongst others, the 2022 Annual Accounts

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. successfully convened its general shareholders’ meeting on August 18, 2023, with 74.03% of total voting shares represented. Notable decisions included the adoption of the 2022 Annual Accounts, approval of a gross dividend of 1 RON … Read the full press release

Jacob Lund Appointed as Head of Corporate Communication & Sustainability at Investor

(IN BRIEF) AstraZeneca’s Head of Global Media Relations, Jacob Lund, has been chosen as the new Head of Corporate Communication & Sustainability and a member of the Executive Leadership Team at Investor. With a decade of experience at AstraZeneca, holding … Read the full press release

BAE Systems to Acquire Ball Aerospace, Enhancing Multi-Domain Portfolio and Strengthening Defense Capabilities

(IN BRIEF) BAE Systems has announced its intention to acquire Ball Aerospace from Ball Corporation for approximately $5.55 billion in cash, subject to customary closing adjustments. The acquisition aims to strengthen BAE Systems’ multi-domain portfolio by adding Ball Aerospace’s capabilities … Read the full press release

Homeowners Eye Greener Homes, But Cost Remains Hurdle: NatWest Greener Homes Attitude Tracker

(IN BRIEF) The latest Greener Homes Attitude Tracker by NatWest and S&P Global reveals that 66% of homeowners plan to make improvements to the environmental sustainability of their properties within the next ten years. While a high Energy Performance Certificate … Read the full press release

Desire for Sustainable Homes Persists Despite Cost Barrier, Says NatWest’s Greener Homes Attitude Tracker

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) A study by NatWest and S&P Global reveals that while one in four millennials consider a high Energy Performance Certificate (EPC) rating essential when buying a home, the cost of sustainable home improvements remains a significant barrier. Homeowners … Read the full press release

Aviva Reports Robust 2023 Interim Results, Surpasses Targets, and Boosts Dividend

(IN BRIEF) Aviva plc has announced its interim results for 2023, showcasing strong growth momentum across the group. The company achieved an 8% increase in group operating profit, with Solvency II own funds generation up by 26%. The results indicate … Read the full press release

Europe’s Offshore Wind Growth Faces Hurdles: Supply Chain Gaps and Auction Design Challenges

(IN BRIEF) Europe’s offshore wind sector is making progress in terms of investments and installations, with 2.1 GW of new offshore wind capacity added in the first half of 2023, bringing the total capacity to 32 GW. However, this growth … Read the full press release

EBRD Backs €15 Million Urban Renewal Project in Alba Iulia, Romania

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €15 million loan to Alba Iulia, Romania, to revitalize the city’s public transport infrastructure. The project, co-financed by the European Union, aims to transform over 15 km … Read the full press release

Tibnor, Subsidiary of SSAB, Plans Cost-saving Measures Including Staff Reduction to Improve Profitability

(IN BRIEF) Tibnor, a subsidiary of SSAB, has announced plans to adjust its operations in response to lower demand and profitability. The measures, intended to achieve annual cost savings of around SEK 150 million, will encompass all Tibnor business areas … Read the full press release

University of York’s Biorenewables Centre Receives £5 Million Funding to Lead Biohydrogen Development for Transport Sector

(IN BRIEF) The Biorenewables Development Centre (BDC), a subsidiary of the University of York, has secured £5 million in funding from the Department for Energy Security and Net Zero. This funding will support the BDC in leading the second phase … Read the full press release

Vestas Secures 140 MW Order for Halkirk II Wind Project in Alberta, Canada

(IN BRIEF) Vestas, a global leader in wind energy solutions, has been awarded a 140 MW order to provide wind turbines for the Halkirk II wind project in Alberta, Canada, owned by Capital Power. The order includes 31 V150-4.5 MW … Read the full press release

Basilea Pharmaceutica Reports Strong H1 2023 Financial Results and Increases Full-Year Guidance

(IN BRIEF) Basilea Pharmaceutica Ltd, a biopharmaceutical company specializing in severe bacterial and fungal infection treatments, has announced robust financial results for the first half-year ending June 30, 2023. Their CEO, David Veitch, highlighted the company’s progress in executing their … Read the full press release