Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

European Investment Fund Grants €110 Million Guarantee to BPER Banca Group to Support SMEs and Sustainable Investments

(IN BRIEF) The European Investment Fund (EIF) has provided a guarantee worth €110 million to the BPER Banca Group, comprising BPER Banca and Banco di Sardegna, with the assistance of Banca Finint. This agreement aims to boost investments by small … Read the full press release

EBRD Boosts Private Equity Financing in Central and Eastern Europe with €80 Million Investment

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has committed €80 million to Poland-based Enterprise Investors’ tenth private equity fund, aiming to enhance private and entrepreneurial initiatives in central and eastern Europe. The investment will support the development … Read the full press release

Natixis CIB Appoints Anurag Poddar as Head of Financial Sponsors Group, Asia Pacific

(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has announced the appointment of Anurag Poddar as the Head of Financial Sponsors Group, Asia Pacific. Anurag, with over 20 years of experience, will be based in Singapore and report to … Read the full press release

ProCredit Group Opens ProEnergy Solar Park in Kosovo, Advancing Sustainability Goals

(IN BRIEF) The ProCredit group has achieved a sustainability milestone by opening ProEnergy, its own solar PV park in Lipjan, Kosovo. The 3 MWp photovoltaic park, implemented in collaboration with ProCredit Bank Kosovo, aims to transform Kosovo’s energy landscape and … Read the full press release

Gasum’s Green Finance Framework Earns Top Rating for Sustainable Investments

(IN BRIEF) Gasum, a Nordic energy company, has received the top rating of Dark Green for its Green Finance Framework from independent ratings issuer Shades of Green. The framework governs the eligibility of projects for green loans in Gasum’s biogas … Read the full press release

Skanska Awarded $109M Contract to Build Hospital in Lakeland, Florida

(IN BRIEF) Skanska, a leading construction company, has secured a contract to construct a new hospital in Lakeland, Florida, USA. The contract, valued at USD 109 million, will be included in the company’s second-quarter order bookings for 2023 in the … Read the full press release

ArcelorMittal Invests $5 Million in CHAR Technologies as Winner of XCarb™ Accelerator Programme

(IN BRIEF) ArcelorMittal, a global steel company, has chosen CHAR Technologies as the winner of its XCarb™ Accelerator Programme. CHAR Technologies, based in Ontario, Canada, has developed a high temperature pyrolysis technology that converts organic waste into valuable energy outputs. … Read the full press release

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

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

(PRESS RELEASE) BUCHAREST, Romania, 5-Jul-2023 — /EuropaWire/ — Digi Communications N.V. (The Company) informs the shareholders and investors that the Annual Financial Report for the year ended December 31, 2022 is available starting with 5 July 2023 on the Company’s … Read the full press release

Logicor Raises Funds for Horizons Scholarship Program Through Charity Cycling Event

(IN BRIEF) Logicor, together with its business partners, has raised PLN 31,000 (EUR 7,000) for the Horizons Scholarship Program by the Roman Czernecki Educational Foundation (EFC). The initiative was carried out through “Race’n’Raise,” a charity cycling race covering a 300 … Read the full press release

Barclays Supports Moray West Offshore Wind Farm, Paving the Way for Scotland’s Renewable Energy Goals

(IN BRIEF) Barclays has provided a £95.5 million loan to Moray West, an offshore wind farm development in the Moray Firth, Scotland. The project aims to supply 50 percent of Scotland’s electricity, powering approximately 1.33 million homes and reducing CO2 … Read the full press release

Aegon Completes Consolidation with a.s.r., Becomes Second-Largest Insurance Company in the Netherlands

(IN BRIEF) Aegon has announced the successful completion of its consolidation with a.s.r., combining its Dutch pension, life and non-life insurance, banking, and mortgage origination activities. In exchange for the consolidation, Aegon received EUR 2.2 billion in cash and a … Read the full press release

NatWest Group Urges Collaboration for Advancing Open Banking and Overcoming Economic Challenges, According to Oxera Report

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

(IN BRIEF) NatWest Group has commissioned a report by Oxera, an economics and finance consultancy firm, on the potential of Open Banking. The report highlights the economic obstacles hindering the wider adoption of Open Banking and the development of innovative … Read the full press release

SEB Outperforms Competitors to Become No. 1 FX Bank in the Nordics

(IN BRIEF) SEB, a leading Nordic bank, has been rated as the best foreign exchange (FX) bank in the region according to Prospera’s survey, Foreign Exchange Nordics 2023. SEB’s top ranking reflects its dedication, proactivity, and strong customer focus. Despite … Read the full press release

Financial Markets Association Urges Balanced Approach in Sustainability Due Diligence Directive Talks

(IN BRIEF) The Association for Financial Markets in Europe (AFME) has released a position paper urging negotiators to address important issues in the Corporate Sustainability Due Diligence Directive (CSDDD) proposal. As trilogue negotiations take place, AFME calls for a practical … Read the full press release

Loughborough’s Hub for Skills Training and Business Support Relaunches with Town Deal Funding

(IN BRIEF) The Careers and Enterprise Hub in Loughborough has relaunched after receiving additional funding from the Loughborough Town Deal. The hub, managed by advisors from Loughborough University and Loughborough College, celebrated its reopening by hosting a recruitment fair that … Read the full press release

EIF Provides €3 Million Loan to Patria Credit to Expand Access to Finance for Romanian Micro-Farms

(IN BRIEF) The European Investment Fund (EIF) has signed a €3 million subordinated loan agreement with Patria Credit IFN to support micro-farms and expand access to finance in Romania. The transaction, backed by InvestEU, aims to help Patria Credit reach … Read the full press release

EIF Commits €25 Million to Radix Ventures to Bridge Funding Gap for Central and Eastern Europe’s Deep Tech Entrepreneurs

(IN BRIEF) The European Investment Fund (EIF) is investing €25 million in Radix Ventures, a deep tech venture capital fund based in Central and Eastern Europe. The investment aims to address the funding gap for deep tech founders in the … Read the full press release

European Investment Fund Partners with EIB and ICO to Boost Spanish SMEs and Promote Green Projects

(IN BRIEF) The European Investment Fund (EIF), a part of the EIB Group, has joined forces with the European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) to invest in asset-backed securities (ABS) issued by BBVA. This collaborative … Read the full press release

EBRD Supports Dnipro City with €25 Million Loan for Essential Services Amid Refugee Influx

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €25 million loan to Dnipro City in Ukraine to support the continuous provision of vital municipal services. Dnipro, Ukraine’s fourth-largest city, has experienced an influx of refugees … Read the full press release

EBRD Invests in UniCredit’s Green Covered Bond to Promote Sustainable Finance in Czech Republic

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €45 million in UniCredit Bank Czech Republic and Slovakia a.s. (UCBCS) to support their inaugural green covered bond issuance. The bond, with a five-year maturity, will be listed … Read the full press release