Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Prime Warehouse Costs Surge Globally, Sydney Overtakes Hong Kong in Savills Report

(IN BRIEF) Total costs for prime warehousing space, including rents, service charges, and taxes, have increased by 10.1% over the 12 months leading up to June 2023, surpassing the 8% annual increase recorded between 2021 and 2022, according to Savills … Read the full press release

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

(PRESS RELEASE) BUCHAREST, Romania, 18-Aug-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) informs the market about the availability of the 2022 Annual Report which was approved by the Company’s Ordinary General Shareholders Meeting, which was held on … Read the full press release

Digi Communications N.V. announces the general shareholders’ meeting resolutions from 18 August 2023 approving amongst others, the 2022 Annual Accounts

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. successfully convened its general shareholders’ meeting on August 18, 2023, with 74.03% of total voting shares represented. Notable decisions included the adoption of the 2022 Annual Accounts, approval of a gross dividend of 1 RON … Read the full press release

Jacob Lund Appointed as Head of Corporate Communication & Sustainability at Investor

(IN BRIEF) AstraZeneca’s Head of Global Media Relations, Jacob Lund, has been chosen as the new Head of Corporate Communication & Sustainability and a member of the Executive Leadership Team at Investor. With a decade of experience at AstraZeneca, holding … Read the full press release

BAE Systems to Acquire Ball Aerospace, Enhancing Multi-Domain Portfolio and Strengthening Defense Capabilities

(IN BRIEF) BAE Systems has announced its intention to acquire Ball Aerospace from Ball Corporation for approximately $5.55 billion in cash, subject to customary closing adjustments. The acquisition aims to strengthen BAE Systems’ multi-domain portfolio by adding Ball Aerospace’s capabilities … Read the full press release

Homeowners Eye Greener Homes, But Cost Remains Hurdle: NatWest Greener Homes Attitude Tracker

(IN BRIEF) The latest Greener Homes Attitude Tracker by NatWest and S&P Global reveals that 66% of homeowners plan to make improvements to the environmental sustainability of their properties within the next ten years. While a high Energy Performance Certificate … Read the full press release

Desire for Sustainable Homes Persists Despite Cost Barrier, Says NatWest’s Greener Homes Attitude Tracker

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

(IN BRIEF) A study by NatWest and S&P Global reveals that while one in four millennials consider a high Energy Performance Certificate (EPC) rating essential when buying a home, the cost of sustainable home improvements remains a significant barrier. Homeowners … Read the full press release

Aviva Reports Robust 2023 Interim Results, Surpasses Targets, and Boosts Dividend

(IN BRIEF) Aviva plc has announced its interim results for 2023, showcasing strong growth momentum across the group. The company achieved an 8% increase in group operating profit, with Solvency II own funds generation up by 26%. The results indicate … Read the full press release

Europe’s Offshore Wind Growth Faces Hurdles: Supply Chain Gaps and Auction Design Challenges

(IN BRIEF) Europe’s offshore wind sector is making progress in terms of investments and installations, with 2.1 GW of new offshore wind capacity added in the first half of 2023, bringing the total capacity to 32 GW. However, this growth … Read the full press release

EBRD Backs €15 Million Urban Renewal Project in Alba Iulia, Romania

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €15 million loan to Alba Iulia, Romania, to revitalize the city’s public transport infrastructure. The project, co-financed by the European Union, aims to transform over 15 km … Read the full press release

Tibnor, Subsidiary of SSAB, Plans Cost-saving Measures Including Staff Reduction to Improve Profitability

(IN BRIEF) Tibnor, a subsidiary of SSAB, has announced plans to adjust its operations in response to lower demand and profitability. The measures, intended to achieve annual cost savings of around SEK 150 million, will encompass all Tibnor business areas … Read the full press release

University of York’s Biorenewables Centre Receives £5 Million Funding to Lead Biohydrogen Development for Transport Sector

(IN BRIEF) The Biorenewables Development Centre (BDC), a subsidiary of the University of York, has secured £5 million in funding from the Department for Energy Security and Net Zero. This funding will support the BDC in leading the second phase … Read the full press release

Vestas Secures 140 MW Order for Halkirk II Wind Project in Alberta, Canada

(IN BRIEF) Vestas, a global leader in wind energy solutions, has been awarded a 140 MW order to provide wind turbines for the Halkirk II wind project in Alberta, Canada, owned by Capital Power. The order includes 31 V150-4.5 MW … Read the full press release

Basilea Pharmaceutica Reports Strong H1 2023 Financial Results and Increases Full-Year Guidance

(IN BRIEF) Basilea Pharmaceutica Ltd, a biopharmaceutical company specializing in severe bacterial and fungal infection treatments, has announced robust financial results for the first half-year ending June 30, 2023. Their CEO, David Veitch, highlighted the company’s progress in executing their … Read the full press release

German DAX CEOs Experience 8% Decrease in Compensation Amidst ESG Focus and Economic Challenges, TUM and DSW Study Finds

(IN BRIEF) According to a study by the Technical University of Munich (TUM) and the advocacy group DSW, the earnings of top executives in German DAX-listed companies were approximately 8% lower in 2022 compared to the previous year. This decrease … Read the full press release

Enea Completes Share Buybacks to Enhance Capital Structure and Shareholder Value

(IN BRIEF) Enea AB (publ) conducted share buybacks between August 7-11, 2023, repurchasing a total of 25,289 own shares under the authorization from the Annual General Meeting 2023. The purpose of the repurchase program is to adjust the company’s capital … Read the full press release

Exor Becomes 15% Shareholder in Philips, Supporting Health Technology and Innovation Strategy

(IN BRIEF) Health technology leader Royal Philips and diversified holding company Exor N.V. announce a relationship agreement where Exor acquires a 15% shareholding in Philips. This investment supports Philips’ strategy and value creation plan focused on health and well-being through … Read the full press release

Savills Foresees Normalcy Returning to Global Industrial Investment Market by Year-End, Office Markets Showing Stabilization Signs

(IN BRIEF) Savills predicts a return to normalcy in the global industrial investment market by the end of 2023, as the interest rate cycle stabilizes and inflation cools. Despite suppressed global office investment volumes, some areas are showing signs of … Read the full press release

UniCredit Provides Update on Share Buy-Back Program: Over 139 Million Shares Acquired So Far in 2022-2023 Tranches

(IN BRIEF) UniCredit S.p.A. provides an update on its ongoing share buy-back program initiated on 30 June 2023 as part of the Second Tranche of the Buy-Back Programme 2022. The program aims to purchase UniCredit ordinary shares (ISIN IT0005239360). The … Read the full press release

EQT AB repurchased 393,000 Own Ordinary Shares Between 7 and 11 August 2023 as part of its Share Repurchase Program

(IN BRIEF) EQT AB, a purpose-driven global investment organization, has repurchased 393,926 of its own ordinary shares (ISIN: SE0012853455) between 7 and 11 August 2023 as part of its initiated repurchase program, running between 17 July 2023 and 25 August … Read the full press release