Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

EIB invests in Irish medical device company for tinnitus treatment device

(IN BRIEF) The European Investment Bank (EIB) has invested €15 million in Neuromod Devices Ltd to support the commercialization of its tinnitus treatment device, Lenire. The device has been granted De Novo approval from the US FDA and has shown … Read the full press release

Le secteur de l’hydrogène en Wallonie et en Belgique est prêt à prospérer grâce au partenariat de la BEI

(ACTUALITÉ EN BREF) La Région wallonne a signé un protocole d’accord avec la Banque européenne d’investissement (BEI) pour favoriser la collaboration dans le secteur de l’hydrogène. L’accord permettra aux projets wallons d’être éligibles au soutien de la BEI, y compris … Read the full press release

Hydrogen Sector in Wallonia, Belgium Set to Thrive with EIB Partnership

(IN BRIEF) The Walloon Region has signed a memorandum of understanding with the European Investment Bank (EIB) to foster collaboration in the hydrogen sector. The agreement will enable Walloon projects to be eligible for EIB support, including financing, guidance, and … Read the full press release

DNV verifies Salmon Evolution’s alignment towards sustainability framework for green loan

(IN BRIEF) Norwegian land-based salmon farming company, Salmon Evolution, has secured a NOK 1.55 million green debt financing package, which is expected to provide sufficient financial runway and buffer to refinance phase 1 and finance early phase 2 at Indre … Read the full press release

Clearstream Launches New Bank in Luxembourg for Institutional Fund Investors

(IN BRIEF) Clearstream has launched a new bank called Clearstream Fund Centre S.A. in Luxembourg, which will provide services to institutional fund investors. The new entity operates under a commercial banking license and will be an important part of Deutsche … Read the full press release

Energinet and NIB Sign Loan Agreement for Substation Refurbishment and Upgrades in Denmark

(IN BRIEF) The Nordic Investment Bank (NIB) has agreed to a 10-year loan agreement worth DKK 1 billion (EUR 134.4 million) with the Danish TSO Energinet to finance the installation of new substations and refurbishment or upgrade of existing substations … Read the full press release

Maxime Pech de Pluvinel tritt die Nachfolge von Elisabeth de Gaulle als Kommunikationsleiterin der Groupe BPCE an

(IN KÜRZE) Maxime Pech de Pluvinel wurde zum neuen Kommunikationsleiter der Groupe BPCE ernannt und tritt die Nachfolge von Elisabeth de Gaulle an, die diese Position 14 Jahre lang innehatte. Pech de Pluvinel ist Absolvent der französischen École Nationale d’Administration … Read the full press release

Maxime Pech de Pluvinel to succeed Elisabeth de Gaulle as Groupe BPCE Communications Head

(IN BRIEF) Maxime Pech de Pluvinel has been appointed as the new Head of Communications for Groupe BPCE, succeeding Elisabeth de Gaulle who held the position for 14 years. Pech de Pluvinel is a graduate of France’s École Nationale d’Administration … Read the full press release

Equifax, Experian, and TransUnion remove medical collection debt under $500 from consumer credit reports

(IN BRIEF) Equifax, Experian, and TransUnion have announced that medical collection debt with an initial reported balance of under $500 has been removed from U.S. consumer credit reports. This change reflects a commitment made by the Nationwide Credit Reporting Agencies … Read the full press release

Skanska divests Borås district court building to Vacse for SEK 320M

(IN BRIEF) Skanska has divested a new district court building in Borås, Sweden, to Vacse for SEK 320m. Skanska and Vacse jointly developed the property, which features 13 courtrooms across five floors and is expected to be environmentally certified according … Read the full press release

AFRY concludes divestment of Russian unit to local management

(IN BRIEF) AFRY, a Swedish engineering consulting firm, has completed the divestment of its Russian subsidiary to local management. The divestment will not affect AFRY’s EBITA excluding items affecting comparability. The company had earlier communicated about the divestment, and it … Read the full press release

Electrolux Group’s Memphis manufacturing facility divestment deal fails to close as buyer defaults

(IN BRIEF) Electrolux has announced that the divestment of its Memphis manufacturing facility in Tennessee, USA, will not be completed as intended. The buyer failed to close the deal, and the company will now seek an alternative buyer. The agreement … Read the full press release

New study highlights financial struggles of people with dementia

(IN BRIEF) A new study funded by the Alzheimer’s Society and the National Institute for Health and Care Research has found that people with dementia are being forced to reduce their use of social care and support services due to … Read the full press release

Mark Hastings brings 18 years of financial services experience to Nucleus

(IN BRIEF) Mark Hastings has joined Nucleus as the new leader of the finance team’s day-to-day operations, including financial planning and analysis, financial control, and treasury. This is a newly created role, and he will report to Mike Regan, the … Read the full press release

FCA nimmt am Greenwashing TechSprint von GFIN teil, um sich mit Nachhaltigkeitsansprüchen bei Finanzdienstleistungen zu befassen

(IN KÜRZE) Das Global Financial Innovation Network (GFIN) veranstaltet seinen allerersten Greenwashing TechSprint, und die Financial Conduct Authority (FCA) gehört zu den 13 teilnehmenden internationalen Regulierungsbehörden. Der TechSprint zielt darauf ab, ein Tool oder eine Lösung zu entwickeln, um die … Read the full press release

FCA joins GFIN’s Greenwashing TechSprint to address sustainability claims in financial services

(IN BRIEF) The Global Financial Innovation Network (GFIN) is hosting its first-ever Greenwashing TechSprint, and the Financial Conduct Authority (FCA) is among the 13 international regulators participating. The TechSprint aims to develop a tool or solution to effectively tackle the … Read the full press release

Allianz Trade unterstreicht die Notwendigkeit des Risikomanagements angesichts des prognostizierten Anstiegs der weltweiten Insolvenzen

(IN KÜRZE) Allianz Trade, der weltweit führende Warenkreditversicherer, hat seinen Global Insolvency Report veröffentlicht, der einen Anstieg der weltweiten Insolvenzen um +21 % im Jahr 2023 und einen weiteren Anstieg um +4 % im Jahr 2024 prognostiziert. Der Bericht warnt … Read the full press release

Allianz Trade Highlights Need for Risk Management in Light of Forecasted Increase in Global Insolvencies

(IN BRIEF) Allianz Trade, the world’s leading trade credit insurer, has released its Global Insolvency Report, predicting a +21% increase in global insolvencies in 2023 and a further +4% rise in 2024. The report warns that prolonged pressure on profitability, … Read the full press release

Fondo europeo per gli investimenti e Norrlandsfonden firmano l’accordo di garanzia InvestEU per migliorare l’accesso delle PMI ai finanziamenti nella Svezia settentrionale

(NOTIZIA IN BREVE) Il Fondo europeo per gli investimenti (FEI) e Norrlandsfonden, un’agenzia pubblica svedese per gli investimenti, hanno firmato un accordo di garanzia sostenuto dal programma InvestEU dell’Unione europea per migliorare l’accesso ai finanziamenti per le PMI e le … Read the full press release

European Investment Fund and Norrlandsfonden Sign InvestEU Guarantee Agreement to Improve SME Access to Finance in Northern Sweden

(IN BRIEF) The European Investment Fund (EIF) and Norrlandsfonden, a Swedish public investment agency, have signed a guarantee agreement supported by the European Union’s InvestEU programme to improve access to finance for SMEs and small mid-caps in Northern Sweden. Over … Read the full press release