Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Skanska AB Reports Conversion of Series A Shares to Series B Shares at Shareholders’ Request

(IN BRIEF) Skanska AB, a Swedish construction company, announces that 19,463 of its Series A shares were converted to Series B shares at the request of shareholders. The conversion of shares reduces the total number of votes in the company. … Read the full press release

EnBW receives S&P rating upgrade to stable on solid financial performance

(IN BRIEF) EnBW, the German utility, has had its outlook revised to stable by the rating agency S&P. The credit rating was confirmed at A-. The revision is due to EnBW’s solid financial performance and its commitment to reducing CO2 … Read the full press release

Ørsted secures long-term revenues for Taiwan offshore wind farms with corporate power purchase agreement

(IN BRIEF) Ørsted has announced the final investment decision (FID) for its Greater Changhua 2b and 4 offshore wind farms in Taiwan, with a completion timeline set for the end of 2025. The 920 MW grid capacity of the wind … Read the full press release

EQT converts class C shares to ordinary shares as part of incentive program

(IN BRIEF) EQT AB (publ) has announced that 365,406 of its class C shares have been converted to ordinary shares as part of the company’s incentive program. This conversion has resulted in an increase of 328,865.40 votes, from 1,185,894,873.00 to … Read the full press release

BEI e Ministero italiano collaborano per lanciare il Fondo per la Rigenerazione Urbana Sostenibile in Italia

(NOTIZIA IN BREVE) Il Ministero dell’Interno italiano e la Banca europea per gli investimenti (BEI) hanno lanciato un fondo tematico da 272 milioni di euro per rafforzare i piani urbanistici integrati delle 14 città metropolitane italiane. Il fondo sosterrà progetti … Read the full press release

EIB and Italian Ministry Collaborate to Launch Fund for Sustainable Urban Regeneration in Italy

(IN BRIEF) The Italian Interior Ministry and the European Investment Bank (EIB) have launched a €272 million thematic fund to strengthen the integrated urban plans of Italy’s 14 Metropolitan cities. The fund will support private projects aimed at enhancing sustainable … Read the full press release

EBWE stellt Tam Finans 10 Millionen € Factoring-Fazilität für KMU in Türkiye zur Verfügung

(IN KÜRZE) Die Europäische Bank für Wiederaufbau und Entwicklung (EBRD) hat Tam Finans Factoring A.S., einem Factoring-Unternehmen in Türkiye, im Rahmen ihres Handelserleichterungsprogramms (TFP) eine Factoring-Fazilität in Höhe von 10 Millionen Euro zur Verfügung gestellt. Ziel der Fazilität ist die … Read the full press release

EBRD Provides €10 Million Factoring Facility to Tam Finans for SMEs in Türkiye

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided Tam Finans Factoring A.S., a factoring company in Türkiye, with a €10 million factoring facility under its Trade Facilitation Programme (TFP). The facility aims to support small and … Read the full press release

Ukrainian pharma company YURiA-PHARM acquires Uzbek firm Reka-Med with EBRD financing

(IN BRIEF) YURiA-PHARM, a leading Ukrainian pharma company, has acquired Reka-Med, a pharmaceutical company in Uzbekistan, with the help of €10 million of finance repurposed from an existing loan made by the European Bank for Reconstruction and Development (EBRD). The … Read the full press release

Moldovan businesses to receive €10m loan from EBRD and EU for greater access to finance

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €10 million loan to ProCredit Bank Moldova to support investment financing for micro, small and medium-sized enterprises (MSMEs) in Moldova. The loan will help businesses upgrade their … Read the full press release

EBRD provides €100m financing package to support SME development in Serbia through Banca Intesa Belgrade

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €100m loan to Banca Intesa Belgrade to support small and medium-sized enterprises (SMEs) in Serbia. The loan will be on-lent to local businesses and improve their access … Read the full press release

Antalya Airport expansion project secures €140m bridge loan from EBRD

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €140 million capex bridge loan to Fraport TAV Antalya Yatirim for the Antalya Airport expansion project in Turkey. The loan is part of a financing package that … Read the full press release

Terna secures €900m funding from EIB for Tyrrhenian Link submarine cable project

(IN BRIEF) Terna has signed agreements with the European Investment Bank for the second and third tranches of a €1.9bn loan for the Tyrrhenian Link, a submarine electricity cable connecting the Italian peninsula with Sicily and Sardinia. The contracts for … Read the full press release

Alzette river and tributary Pétrusse in Luxembourg to be restored with €9m loan from EIB

(IN BRIEF) Luxembourg has secured a €9m ($10.5m) loan from the European Investment Bank to finance the ecological restoration of the Alzette river and its tributary, the Pétrusse. The project, which will cover a section of the Alzette in Steinsel … Read the full press release

Santander Private Banking Takes Home Multiple Awards at 2022 Euromoney Awards

(IN BRIEF) Santander Private Banking has been named the Best Private Bank in Latin America by Euromoney, which also recognized the bank in several other award categories including Best Bank for Family Office Services and for Wealth Transfer/Succession Planning. The … Read the full press release

Das französische Cybersicherheitsunternehmen DataDome erhält in einer Finanzierungsrunde 42 Millionen US-Dollar

(IN KÜRZE) DataDome, ein in Frankreich ansässiges Unternehmen, das eine Plattform zum Erkennen und Blockieren von böswilligem automatisiertem Datenverkehr auf Websites, mobilen Apps und API-Endpunkten anbietet, hat in einer Finanzierungsrunde der Serie C 42 Millionen US-Dollar aufgebracht. Die Runde wurde … Read the full press release

French cyber security firm DataDome raises $42m in funding round

(IN BRIEF) DataDome, a French-based company that provides a platform for detecting and blocking malicious automated traffic on websites, mobile apps, and API endpoints, has raised $42 million in a Series C funding round. The round was led by InfraVia … Read the full press release

Loughborough University secures funding to continue twinning initiative with Ukrainian university

(IN BRIEF) Loughborough University has been awarded additional funding from UKRI’s Research England to continue its twinning initiative with Beketov National University in Ukraine. The project aims to support academics, students, and university leaders during the conflict in the region. … Read the full press release

BBVA’s Global Trade Finance portal offers free access to import-export solutions and information from over 170 countries

(IN BRIEF) BBVA has launched the Global Trade Finance portal to help import export companies streamline their operations and access information to support their international transactions. The free platform provides users with information on BBVA’s trade finance solutions, as well … Read the full press release

NIB signs a EUR 49.2m loan agreement with Demant for hearing technology research and development

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a new seven-year loan agreement with Danish global hearing healthcare company Demant A/S, providing DKK 375 million (EUR 49.2 million) to finance the company’s research and development programme for the 2021-2022 … Read the full press release