Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

RWE Secures New Wind Projects in France, Expands Renewable Capacity with 41.3 MW in Latest Bid Round

(IN BRIEF) RWE has won contracts for two new wind projects in France’s latest onshore wind bidding round, adding a combined 41.3 MW of capacity in the Nouvelle-Aquitaine and Centre-Val de Loire regions. These projects will provide clean energy to … Read the full press release

Eviden Unveils BXI v3: Advanced Networking Solution to Boost AI and HPC Performance Across Europe

(IN BRIEF) Eviden, part of the Atos Group, has introduced the third generation of its BullSequana eXascale Interconnect (BXI v3), an advanced networking solution designed to tackle performance challenges in AI and high-performance computing (HPC). Developed with the French CEA, … Read the full press release

University of Liverpool Launches Digital Tool to Preserve Traditional Earth-Building Crafts in Morocco

(IN BRIEF) Researchers from the University of Liverpool’s School of Architecture have developed Heres, a digital, open-access manual documenting traditional earth-building techniques in Southern Morocco’s M’Hamid Oasis. Created in collaboration with local artisans, the manual includes videos, cultural insights, and … Read the full press release

Alder Hey Secures £1.1M NIHR Funding to Boost Pediatric Health Research in Partnership with University of Liverpool

(IN BRIEF) Alder Hey Children’s NHS Foundation Trust has secured £1.1 million from the NIHR to upgrade its advanced 3T research MRI scanner, strengthening its partnership with the University of Liverpool in pediatric health research. Matched funding for ophthalmology equipment … Read the full press release

TUM Ranked Among World’s Top Universities for Graduate Employability and Digital Expertise

(IN BRIEF) The Technical University of Munich (TUM) is highly regarded by global employers, ranking 13th in the latest Global University Employability Ranking and 4th in Europe. This distinction highlights TUM graduates’ qualifications and the university’s focus on interdisciplinary and … Read the full press release

Warwick Volunteers Receives Prestigious King’s Award for Outstanding Community Impact

(IN BRIEF) Warwick Volunteers, a student organization at the University of Warwick, has been awarded The King’s Award for Voluntary Service, the UK’s top honor for volunteer groups. With 926 students dedicating over 13,200 hours to projects in areas such … Read the full press release

Erste Group Honored as Leading Private Bank in Central and Eastern Europe with Multiple Industry Awards

(IN BRIEF) Erste Group’s Private Banking division has been awarded the title of “Best Private Bank in Central and Eastern Europe” by both PWM/The Banker and Global Finance, marking a significant achievement in the CEE region. Erste received a total … Read the full press release

New AI Factory from Telenor Group Accelerates AI Transformation in Nordic Industries, Welcomes Hive Autonomy as First Partner

(IN BRIEF) Telenor Group has launched its AI Factory, an initiative backed by a 100 million NOK investment to support AI-driven transformations in various industries. Powered by NVIDIA’s AI platform, the AI Factory aims to accelerate AI adoption in the … Read the full press release

SSAB Launches Strenx® Certified Fabricator Program to Boost Excellence in High-Strength Steel Fabrication

(IN BRIEF) SSAB has launched the Strenx® Certified Fabricator program to recognize top fabricators excelling in high-strength steel fabrication. This initiative connects certified fabricators, including MTL Advanced Ltd in the UK, who demonstrate exceptional quality, innovation, and sustainable practices in … Read the full press release

ASML Projects Strong Revenue Growth by 2030, Driven by EUV Technology and Expanding AI Applications

(IN BRIEF) ASML Holding N.V., during its 2024 Investor Day, outlined an optimistic long-term outlook, projecting potential revenue growth to reach between €44 billion and €60 billion by 2030, driven by advancements in EUV lithography and expanding AI applications in … Read the full press release

Haspa Secures €100 Million EIB Loan to Drive Investments in Sustainable Projects for Small and Medium Businesses

(IN BRIEF) Haspa will receive €100 million from the European Investment Bank to finance small businesses and mid-sized companies in northern Germany, with a focus on renewable energy and energy efficiency projects. This funding will unlock up to €280 million … Read the full press release

Sunderland AFC Teams Up with Thorn and Zumtobel for Comprehensive Stadium Lighting Upgrade

(IN BRIEF) Sunderland AFC has partnered with Thorn and Zumtobel to complete a major lighting upgrade at the Stadium of Light. The installation aims to improve the matchday experience while supporting the club’s sustainability goals, providing a cutting-edge lighting solution … Read the full press release

ALLPLAN Unveils Innovative Construction Solutions at BAU 2025, Pushing the Boundaries of AI and Sustainability

(IN BRIEF) ALLPLAN’s participation in BAU 2025 will highlight its innovative tools designed to drive efficiency, sustainability, and precision in the construction industry. From AI-powered solutions to cutting-edge digital tools for existing buildings and structural design, ALLPLAN continues to lead … Read the full press release

Thales and EASTEC Renew Partnership to Support China Eastern Airlines’ Fleet Maintenance Through 2029

(IN BRIEF) EASTEC and Thales have renewed their Maintenance Partnership Agreement, ensuring continued MRO support for China Eastern Airlines’ fleet through 2029. This extension builds on a successful collaboration that started in 2018 and highlights the ongoing commitment of both … Read the full press release

Telia Recognized for Excellence in Children’s Rights by Global Child Forum

(IN BRIEF) Telia has been recognized in the Global Child Forum’s 2024 report for its outstanding contributions to children’s rights. Ranked the top Swedish company and third in the Nordic region, Telia’s efforts include initiatives focused on cybersecurity awareness, child … Read the full press release

Infineon Unveils OptiMOS 5 Linear FET 2 MOSFET, Boosting Performance and Efficiency in AI and Telecom Applications

(IN BRIEF) Infineon’s new OptiMOS 5 Linear FET 2 MOSFET enhances safe hot-swap operations in AI servers and telecom with improved SOA, reduced gate leakage, and greater design flexibility. The new device offers increased performance, efficiency, and reliability, driving innovations … Read the full press release

Finnvera Joins Net-Zero Export Credit Alliance to Drive Global Sustainability in Export Finance

(IN BRIEF) Finnvera has joined the Net-Zero Export Credit Alliance, a global network of export credit agencies committed to reducing greenhouse gas emissions in line with the Paris Agreement. The move supports Finnvera’s goal to shape the future of export … Read the full press release

Digi Communications N.V. announces the release of Q3 2024 financial results

(IN BRIEF) Digi Communications N.V. reported its Q3 2024 financial results, showing significant growth across multiple markets. Consolidated revenues reached EUR 492.5 million for Q3, a 13.6% increase year-on-year, contributing to EUR 1.414 billion for the first nine months (+13% … Read the full press release

Safran Strengthens Distribution Partnership with China Aviation Supplies to Expand Sustainable Aircraft Parts Access in China

(IN BRIEF) Safran Electrical & Power and Safran Ventilation Systems have renewed their distribution partnership with China Aviation Supplies Co., Ltd., enhancing the supply of sustainable OEM aircraft parts across mainland China. This agreement, supported by Safran’s regional representatives in … Read the full press release

Marks & Spencer Scales Up Beauty Recycling Initiative to 100 UK Stores, Promoting Sustainable Choices for Shoppers

(IN BRIEF) Marks & Spencer has expanded its Beauty Takeback Scheme to 100 stores across the UK, allowing customers to recycle beauty packaging easily. Launched with HANDLE, this initiative has diverted over 1.6 tonnes of packaging from landfills, contributing to … Read the full press release

Port of Rotterdam Trials Digital Bunker Delivery Notes in Partnership with ZeroNorth and Vitol

(IN BRIEF) ZeroNorth, Vitol, and the Port of Rotterdam have begun a four-week pilot to test ZeroNorth’s electronic bunker delivery note (eBDN) system, aiming to improve efficiency, transparency, and data quality in bunker operations. This trial, which includes several bunker … Read the full press release

SGS Named Innovator in Verdantix Green Quadrant for Leading ESG and Sustainability Services

(IN BRIEF) SGS has been recognized as an Innovator in Verdantix’s Green Quadrant report for ESG and Sustainability Assurance Services. This endorsement, aligned with the launch of SGS’s IMPACT NOW for sustainability suite, reinforces the company’s commitment to driving sustainability … Read the full press release

SGS and SkyeBase Introduce Drone-Based Ultrasonic Tool to Transform Industrial Inspections for Safety and Efficiency

(IN BRIEF) SGS, in partnership with SkyeBase, has launched the Elios 3 UT Probe, a cutting-edge drone-mounted tool for ultrasonic thickness (UT) measurements. This technology allows safe, precise inspections in elevated or difficult-to-reach locations without the need for scaffolding or … Read the full press release

Centrica and First Bus Partner to Expand EV Charging Access, Advancing UK Fleet Decarbonisation

(IN BRIEF) Centrica and First Bus have launched a partnership granting Centrica access to First Bus’s EV charging infrastructure, beginning at the Leicester depot. This collaboration supports both companies’ emission reduction targets and allows Centrica engineers to extend service reach … Read the full press release

Metso Rebrands Sustainability Initiative as ‘Metso Plus’ to Boost Eco-Friendly Innovation and Support EU Regulations

(IN BRIEF) Metso has rebranded its Planet Positive initiative as “Metso Plus” to support customers’ sustainability goals and align with evolving EU regulations. Launched in 2021, this initiative now includes over 100 products designed to improve energy and water efficiency, … Read the full press release

Metso and Dowa Host International Congress in Japan to Advance Recycling and Smelting Innovations

(IN BRIEF) Metso and Dowa Group’s Kosaka Smelting & Refining Co., Ltd. are hosting the 2nd International Ausmelt® TSL Licensees Congress in Japan, bringing together around 50 global industry professionals to discuss developments in recycling, the circular economy, and e-waste. … Read the full press release

Continental Tops European Tire Tests with Leading Performance in Winter and All-Season Categories

(IN BRIEF) Continental’s tires have excelled in European tire tests, winning 15 first-place rankings across various publications and automobile clubs. Their WinterContact series, including the TS 870 for small and midsize cars and the TS 870 P for more powerful … Read the full press release

Rheinmetall Secures Major Order for Advanced Sensor Cleaning Pumps in Autonomous Vehicle Market Expansion

(IN BRIEF) Rheinmetall has received a multimillion-euro order from a major German automaker to supply its electric vapor pumps, which have been innovatively adapted for sensor cleaning in autonomous vehicles. Initially developed for emissions control, this technology now ensures that … Read the full press release

Paratus Energy Moves to Euronext Oslo Børs Main Market, Marking a New Chapter in Growth and Market Access

(IN BRIEF) Paratus Energy has transitioned from Euronext Growth Oslo to the main market at Euronext Oslo Børs, becoming the fourth company to make this move within the year. Formerly known as Seadrill New Finance, Paratus serves as a holding … Read the full press release

Maritime Sector Embraces Cyber Risk for Innovation as DNV Calls for Enhanced Security Collaboration

(IN BRIEF) A new report by DNV reveals that a majority of maritime professionals (61%) are willing to accept greater cyber risks to enable innovation and digital transformation. With growing reliance on technologies like AI, IoT, and satellite communications, cyber … Read the full press release

EIF Invests €90 Million to Boost Portugal’s Tech Start-ups and Strengthen Cybersecurity

(IN BRIEF) The European Investment Fund (EIF) has committed €90 million to three venture capital funds focused on accelerating the growth of tech start-ups in Portugal’s deep tech and cybersecurity sectors. This investment, announced at the 2024 Web Summit in … Read the full press release

Multilateral Development Banks Commit to Mobilizing USD 120 Billion for Climate Action at COP29

(IN BRIEF) At COP29 in Baku, multilateral development banks (MDBs) announced a commitment to collectively mobilize significant financial support to help countries meet ambitious climate goals. By 2030, MDBs estimate they will direct USD 120 billion annually towards low- and … Read the full press release

EIB Announces €150 Million Investment for Forest Conservation and Restoration in Côte d’Ivoire

(IN BRIEF) At COP29, the European Investment Bank (EIB) announced a €150 million investment to support Côte d’Ivoire’s forest preservation, rehabilitation, and expansion efforts. This funding aligns with President Alassane Ouattara’s Abidjan Legacy programme, which targets deforestation, land restoration, and … Read the full press release

Jean-Jacques Henchoz to Step Down from Talanx AG, Clemens Jungsthöfel to Succeed as Head of Reinsurance

(IN BRIEF) Jean-Jacques Henchoz, a member of Talanx AG’s Board of Management and head of the Reinsurance division, will step down on 31 March 2025 after choosing not to extend his contract. Clemens Jungsthöfel, the current Chief Financial Officer and … Read the full press release

Sandvik Innovation Prize 2024 Awarded for Groundbreaking CT67/CT55 Thread Technology

(IN BRIEF) The Sandvik Innovation Prize for 2024 has been awarded to a team from Sandvik Mining and Rock Solutions for their innovative work on the CT67/CT55 thread concept. The team, led by Anders Nordberg, Tomas Jansson, Andreas Norman, and … Read the full press release

Porsche Launches Four-Week Bug Bounty Program to Strengthen Cybersecurity

(IN BRIEF) After a successful pilot in 2023, Porsche is launching a four-week Bug Bounty program to further improve the security of its products and services. The program invites ethical hackers to identify and report vulnerabilities before they can be … Read the full press release

Nordex Group to Supply 19 Cold-Climate Turbines for Wind Farm in Québec

(IN BRIEF) The Nordex Group has secured an order to supply 19 N163/5.X turbines for a wind farm in Québec, Canada. These turbines, designed for cold climates, will be mounted on 125-meter-high steel towers and are scheduled for delivery in … Read the full press release

DWS Group Streamlines Investment Leadership, Appointing Vincenzo Vedda as Global CIO to Enhance Client-Focused Strategy

(IN BRIEF) DWS Group has restructured its investment leadership by consolidating its Portfolio Management, Chief Investment Office, and Economic Research units under Vincenzo Vedda, who will also take on the role of Global Chief Investment Officer (CIO). This strategic shift … Read the full press release

GEA Powers World’s Largest Wastewater Treatment Facility in Egypt with Energy-Efficient Decanter Technology

(IN BRIEF) GEA has supplied six advanced biosolids Decanter prime 8000 dewatering units to Egypt’s West Delta Wastewater Treatment Plant, the world’s largest facility of its kind. Located near Cairo, the plant treats up to 7.5 million cubic meters of … Read the full press release

KSB Group Introduces BOATRONIC 100 MOD to Streamline Energy-Efficient Monitoring for Building Systems

(IN BRIEF) KSB Group has launched the BOATRONIC 100 MOD measuring computer, a compact solution designed to meet Germany’s updated Buildings Energy Act (GEG 2024) requirements. When paired with the BOA-Control IMS valve, it enables efficient monitoring of key metrics … Read the full press release