(IN BRIEF) According to a study by the Technical University of Munich (TUM) and the advocacy group DSW, the earnings of top executives in German DAX-listed companies were approximately 8% lower in 2022 compared to the previous year. This decrease … Read the full press release
Posted in Business, Economy, Financial, Germany, Management, News, Science
Tagged Compensation, DSW, economic challenges, ESG Focus, Financial, German DAX CEOs, Marc Tüngler, Prof. Gunther Friedl, TUM
(IN BRIEF) Enea AB (publ) conducted share buybacks between August 7-11, 2023, repurchasing a total of 25,289 own shares under the authorization from the Annual General Meeting 2023. The purpose of the repurchase program is to adjust the company’s capital … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology, Telecom
Tagged Enea, Financial, investment, share buybacks
(IN BRIEF) Health technology leader Royal Philips and diversified holding company Exor N.V. announce a relationship agreement where Exor acquires a 15% shareholding in Philips. This investment supports Philips’ strategy and value creation plan focused on health and well-being through … Read the full press release
Posted in Business, Financial, Healthcare, Industrial, Investment, Management, Netherlands, News, Technology
Tagged EXOR, Feike Sijbesma, health technology, innovation strategy, investment, John Elkann, partnership, Philips, Roy Jakobs, shareholder
(IN BRIEF) Savills predicts a return to normalcy in the global industrial investment market by the end of 2023, as the interest rate cycle stabilizes and inflation cools. Despite suppressed global office investment volumes, some areas are showing signs of … Read the full press release
(IN BRIEF) UniCredit S.p.A. provides an update on its ongoing share buy-back program initiated on 30 June 2023 as part of the Second Tranche of the Buy-Back Programme 2022. The program aims to purchase UniCredit ordinary shares (ISIN IT0005239360). The … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, Italy, Management, News
Tagged acquisition, Financial, share buy-back program, UNICREDIT
(IN BRIEF) EQT AB, a purpose-driven global investment organization, has repurchased 393,926 of its own ordinary shares (ISIN: SE0012853455) between 7 and 11 August 2023 as part of its initiated repurchase program, running between 17 July 2023 and 25 August … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Sweden
Tagged acquisitions, EQT AB, Financial, Shares Repurchase Program
(IN BRIEF) The EY organization has been awarded the Global Partner of the Year by Wolters Kluwer CCH® Tagetik for its contributions to accelerating clients’ finance transformation initiatives through technical expertise and consulting services. The accolade acknowledges EY’s commitment to … Read the full press release
(IN BRIEF) Rheinmetall is set to supply Ukraine with its advanced LUNA NG reconnaissance drone system, a significant milestone for the company. The system offers key aerial reconnaissance capabilities with thousands of hours of operational flight experience. The order, valued … Read the full press release
(IN BRIEF) Digi Communications N.V. has released its H1 2023 Financial Results, which can be found on their website. They will also hold a conference call today at 14:00 UK time to discuss these results, led by CEO Mr. Serghei … Read the full press release
(IN BRIEF) RWE, focused on building a sustainable energy system, significantly increased its investment activity in the first half of fiscal 2023, spending €9 billion on growth compared to €2.1 billion in the same period last year. This expansion included … Read the full press release
Posted in Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News
Tagged finacial, investment, Markus Krebber, renewable energy, RWE
(IN BRIEF) Latvenergo AS, the largest energy utility in the Baltic States, has awarded BLIX, part of AFRY, as the Owner’s Engineer for multiple large-scale onshore wind projects in the Baltics over a five-year period. The projects align with Latvenergo’s … Read the full press release
(IN BRIEF) UBS Group AG has voluntarily terminated its CHF 9 billion Loss Protection Agreement (LPA) with the Swiss government, covering potential losses from Credit Suisse non-core assets, after a thorough evaluation of the assets and stress loss scenarios. Additionally, … Read the full press release
Posted in Banks, Financial, Government, Investment, Management, News, Switzerland
Tagged Credit Suisse, Financial, liquidity, Loss Protection Agreement, Swiss Government, UBS
(IN BRIEF) ORLEN’s Supervisory Board has given a conditional investment approval for the Baltic Power offshore wind farm, allowing the design phase to be finalized. ORLEN and Northland Power’s joint investment represents the most advanced offshore wind project in Poland. … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Poland
Tagged Baltic Power Project, Daniel Obajtek, investment, Offshore wind, ORLEN, partnership, Poland
(IN BRIEF) Initial global research findings by the International Olympic Committee (IOC) and Allianz reveal that 72% of young people consider playing sports important, while over 90% of parents recognize the physical and mental health benefits of sports participation for … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a strategic partnership with Ukraine’s PrivatBank by issuing a €60 million risk-sharing instrument to facilitate €240 million in newly originated loans for critical industries, particularly agribusiness. PrivatBank, a … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged agribusiness, Critical Industries, EBRD, MSMEs, partnership, PrivatBank, sustainability, Ukrainian
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is offering a financial package to Ukraine’s Bank Lviv, consisting of a local-currency loan equivalent to €15 million and a €7.5 million risk-sharing instrument. This package will facilitate €30 million … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged aid, Bank Lviv, EBRD, Financial Package, Micro Small and Medium-Sized Enterprises (MSMEs), UKRAINE
(IN BRIEF) Windar Renovables has secured a contract with Iberdrola to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters. The transition pieces will be produced at Windar Renovables’ Avilés facilities, with collaboration from Spanish suppliers. … Read the full press release
(IN BRIEF) Despite a challenging business environment, thyssenkrupp reported a robust performance in the 3rd quarter of the 2022/2023 fiscal year. Order intake of €9.4 billion and sales of €9.6 billion were lower than the prior year due to normalization … Read the full press release
Posted in Business, Financial, Germany, Industrial, Management, Metals and Minerals, News
Tagged Dr. Klaus Keysberg, Financial, Miguel López, ThyssenKrupp
(IN BRIEF) ENGIE Brasil Energia has awarded a contract to international technology group ANDRITZ for the modernization of the Jaguara hydropower plant in Brazil. The 424 MW plant, operating since 1971, will have its four Francis turbine generator units, governors, … Read the full press release
(IN BRIEF) The University of Bristol is spearheading a pioneering £1.8 million program, called Future Finance for All, aimed at accelerating innovation adoption in small and medium-sized enterprises (SMEs) and mid-tier financial services firms. Backed by Innovate UK and the … Read the full press release
Posted in Business, Education, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Economic and Social Research Council (ESRC), FinTech West, Future Finance for All, Innovate UK, INNOVATION, Jonathan Beaverstock, Marty Reid, partnership, Professor Sharon Collard, SETsquared, Small Financial Services Firms, SMEs, Stuart Harrison, University of Bristol
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions. Here you can learn more about EuropaWire’s mission, achievements, services, etc.
HOW TO GET STARTED?