Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Digi Communications N.V. announces that conditional stock options were granted to executive directors of the Company based on the general shareholders’ meeting approval from 18 May 2021

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 the granting of conditional stock options to its executive directors. This action was approved during the general shareholders’ meeting on May 18, 2021. On May 19, 2023, a total … Read the full press release

Groupe BPCE Announces the Appointment of Jean-Pierre Charles as CEO of Oney, Reinforcing Commitment to Change

(IN BRIEF) Jean-Pierre Charles has been named the Chief Executive Officer of Oney by BPCE and ELO (formerly Auchan Holding), effective from June 5, 2023. With his extensive experience in consumer finance and retail industries, Charles is set to lead … Read the full press release

Amundi and CACEIS Collaborate to Strengthen Fund Channel’s Position in B-2-B Fund Distribution

(IN BRIEF) Amundi and CACEIS have successfully completed their strategic agreement to accelerate the growth of Fund Channel, a prominent B-2-B fund distribution platform. With CACEIS now holding a 33.33% stake and Amundi remaining the majority shareholder, Fund Channel aims … Read the full press release

BNP Paribas Collaborates with EIB Group for the Third Synthetic Securitisation, Boosting Support for French Companies

(IN BRIEF) The European Investment Bank (EIB) Group, in collaboration with BNP Paribas, has launched a synthetic securitisation initiative to support French companies for the third time since 2017. The transaction involves an EIB Group guarantee on an existing loan … Read the full press release

Iceland’s Keflavík Airport to Expand with EUR 50 Million Loan from NIB

(IN BRIEF) Nordic Investment Bank (NIB) and Isavia ohf. have signed a 10-year loan agreement worth EUR 50 million to finance the expansion of Keflavík International Airport in Iceland. The project includes the construction of a new East Wing Terminal, … Read the full press release

KfW Development Bank’s Biodiversity Initiative, Legacy Landscapes Fund, Achieves Promising Results after Two Years

(IN BRIEF) KfW Development Bank celebrates the two-year anniversary of the Legacy Landscapes Fund (LLF), an initiative for biodiversity conservation. The LLF provides long-term financing for protected areas in developing countries, ensuring effective conservation efforts. It has achieved significant progress, … Read the full press release

EBRD’s Funding Package Bolsters DenizBank’s Commitment to Green Finance and Women-Led Enterprises in Türkiye

(IN BRIEF) EBRD provides $143.25 million to DenizBank for green investments, women-led businesses, and earthquake response. The financing package supports DenizBank’s Diversified Payment Rights program and includes funds for on-lending to green economy projects, women-led SMEs, and companies involved in … Read the full press release

EBRD Extends $23 Million Loan to Meros Pharm to Drive Expansion in Uzbekistan’s Pharmaceutical Industry

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a loan of $23 million to Meros Pharm, a leading pharmaceutical distributor in Uzbekistan. The loan will support Meros Pharm’s expansion plans by providing the necessary working capital … Read the full press release

European Institutions and ILX Management Collaborate to Support Sustainable Development in Emerging Markets

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and ILX Management, has formed a partnership to enhance private-sector finance in emerging markets. The initiative aims to attract investments of up to … Read the full press release

Samarkand Joins EBRD’s Green Cities Program with Electric Bus and Depot Project

(IN BRIEF) EBRD finances the acquisition of electric buses and the establishment of an e-bus depot in Samarkand, Uzbekistan. The initiative will provide eco-friendly public transport for approximately 560,000 residents and supports Samarkand’s sustainable development goals. The project is the … Read the full press release

EBRD and European Commission Join Forces to Enhance Moldova’s Rail Infrastructure

(IN BRIEF) EBRD and the European Commission have approved a financial package to rehabilitate railway lines in Moldova. The €71 million project will receive a €20 million investment grant from the EU, a €23 million loan from EBRD, and €28 … Read the full press release

Intesa Sanpaolo’s ESG Commitments Earn Acclaim as Europe’s Most Innovative Bank

(IN BRIEF) Intesa Sanpaolo has been named the top innovative bank in Europe for ESG securitisation by Structured Credit Investor. The award recognizes Intesa Sanpaolo’s development of new ESG asset classes, innovative structuring, volume of transactions, and active credit risk … Read the full press release

EBRD Charts Course for Croatia’s Green Economy Transition and Competitiveness

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a five-year strategy for investment in Croatia. The strategy focuses on supporting competitiveness through innovation and good governance, accelerating Croatia’s transition to a green economy, and enhancing resilience … Read the full press release

EIB Group and Santander Launch First Synthetic Securitization Transaction for Energy Efficiency in Portugal

(IN BRIEF) The EIB Group and Santander have signed an agreement to support energy efficiency investments in Portugal through a synthetic securitization transaction. The partnership aims to finance the construction of nearly-zero-emissions buildings and the renovation of existing residential properties … Read the full press release

University of Exeter Secures Funding for State-of-the-Art SHArD 3D Archaeological Research Lab

(IN BRIEF) The University of Exeter has secured funding to establish the cutting-edge Science, Heritage and Archaeology Digital 3D (SHArD 3D) Laboratory. This state-of-the-art facility will enable researchers to digitally replicate and analyze biological and cultural artifacts, revolutionizing the preservation … Read the full press release

Digi Communications N.V. announces the release of the Q1 2023 financial results

(PRESS RELEASE) BUCHAREST, Romania, 15-May-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the Q1 2023 financial results are available on the Company’s website. For more details, please see: https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/quarterly-reports-shares Also, today at 14:00 UK time … Read the full press release

EBRD Grants US$110 Million Loan to Enerjisa Uretim for Wind Power Expansion in Türkiye

(IN BRIEF) EBRD has approved a loan of US$110 million to Enerjisa Uretim in Türkiye to support the expansion of their wind power portfolio. Enerjisa Uretim’s projects will reduce CO2 emissions by 52,000 tonnes annually and promote employment opportunities for … Read the full press release

G7 DFIs and EBRD Collaborate to Establish Ukraine Investment Platform for Reconstruction Efforts

(IN BRIEF) G7 Development Finance Institutions (DFIs) and the European Bank for Reconstruction and Development (EBRD) have announced the establishment of the Ukraine Investment Platform. This collaborative effort aims to support Ukraine’s reconstruction needs following the conflict. The platform will … Read the full press release

European Investment Bank Backs Wingcopter’s Pioneering Drone Delivery Technology with €40 Million Investment

(IN BRIEF) The European Investment Bank (EIB) is investing €40 million in Wingcopter, a European drone delivery technology company. Wingcopter’s electrically powered unmanned aircraft have already been successfully used in small-scale commercial and humanitarian projects, including delivering medical supplies in … Read the full press release

Aurubis Continues Growth Trajectory, Raises Full-Year Expectations Based on Stellar Half-Year Results

(IN BRIEF) Aurubis AG, a multimetal company, is experiencing strong growth as it raises its full-year forecast based on impressive half-year results. The company generated operating earnings before taxes (EBT) of €291 million in the first half of the fiscal … Read the full press release