Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

GKN Aerospace Joins ICEFlight Consortium to Develop Cryogenic Hydrogen Cooling and Power Systems

(IN BRIEF) GKN Aerospace has become a core partner in ICEFlight, an Airbus-led consortium under the Dutch “Luchtvaart in Transitie” programme, alongside Cryoworld, Stirling Cryogenics, Futura Composites, NLR, Delft University of Technology, and University of Twente. The collaboration will develop … Read the full press release

GKN Aerospace Ships First Megawatt-Class EWIS Harnesses for EU-Supported SWITCH Hybrid-Electric Aircraft Project

(IN BRIEF) GKN Aerospace has delivered the first high-voltage EWIS harnesses for the EU-funded SWITCH hybrid-electric aircraft project. Produced at GKN’s Papendrecht, Netherlands facility, these megawatt-class AC wiring systems will undergo integration testing at Collins Aerospace’s Solihull, UK center before … Read the full press release

Alfa Laval Joins One Water Consortium to Lead Europe’s Water Innovation Community Bid

(IN BRIEF) Alfa Laval has joined the One Water consortium as a core partner to bid for the EIT’s new Water Knowledge & Innovation Community. The consortium will address water scarcity, ecosystem degradation, and the development of a circular blue … Read the full press release

Schroders Appoints Karine Szenberg as Executive Vice Chair and Welcomes Matt Oomen as Global Head of Client Group

(IN BRIEF) Schroders has announced four senior leadership changes to bolster its client-first strategy. Karine Szenberg will become Executive Vice Chair, focusing on strategic alliances and maintaining her place on the Group Executive Committee. Matt Oomen joins as Global Head … Read the full press release

Wiener Börse AG Appoints Alexandra Wittmann and Guido Jestädt to Supervisory Board

(IN BRIEF) During today’s Annual General Meeting, Wiener Börse AG elected Alexandra Wittmann and Guido Jestädt to its Supervisory Board. Wittmann, CFO of EVN AG since September 2024, replaces Stefan Szyszkowitz, who served more than ten years. Jestädt, Chief Administrative … Read the full press release

Euronext and Clearstream Collaborate to Automate Collateral Management for Repo Clearing

(IN BRIEF) Euronext and Clearstream have announced a collaboration to upgrade Euronext Clearing’s collateral management for repos and additional asset classes. Clearstream will serve as a triparty agent, automating collateral selection, valuation, and substitution, while also handling settlement, custody, regulatory … Read the full press release

Updated Memorandum of Understanding Unites Exeter’s Leading University and College in Community and Academic Initiatives

(IN BRIEF) On June 3, the University of Exeter and Exeter College formalised an updated Memorandum of Understanding that deepens a partnership spanning around twenty years. Signed at the University’s Streatham Campus, the MoU reinforces both institutions’ commitment to co-leading … Read the full press release

Gard to Launch Five Market-Aligned Syndicates and Strengthen Leadership Team for Enhanced Client Service

(IN BRIEF) Gard will restructure its organisation on 1 September 2025, replacing traditional silos with five client-centric syndicates—Nordics; Asia; Europe; Greece, Americas & London; and Specialty—each combining underwriting and claims expertise under seasoned executives. Christen Guddal and Bjørnar Andresen will … Read the full press release

Daimler Buses Strengthens Swiss Partnerships with Custom Setra Double-Decker for Gössi and High-Tech ComfortClass Coach for Zerzuben

(IN BRIEF) Daimler Buses’ Setra brand has delivered two premium coaches to Swiss operators Gössi Carreisen and Zerzuben Touristik. Gössi marks its golden anniversary with a bespoke S 531 DT double-decker—featuring founder-inspired styling, 78 seats, club tables, a panoramic glass … Read the full press release

Wolters Kluwer FRR Unveils OneSumX and Thought Leadership on Volatility at Risk Live Europe 2025

(IN BRIEF) At Risk Live Europe 2025 (June 17–18, Convene Sancroft, London), Wolters Kluwer FRR will spotlight its OneSumX finance and risk-reporting platform and contribute thought leadership on modern risk challenges. Francis Lacan, Director of Product Management, will speak on … Read the full press release

Christoph Vilanek Elected Supervisory Board Chairman as Thomas Dannenfeldt Prepares to Step Down

(IN BRIEF) Thomas Dannenfeldt will step down as Chairman of CECONOMY AG’s Supervisory Board at the end of July 2025. Christoph Vilanek, a long-standing board member and former CEO of freenet AG, has been chosen as his successor. The Executive … Read the full press release

Delivery Hero and Allied for Startups Team Up to Drive EU Scale-Up Policy Reform

(IN BRIEF) Delivery Hero has joined forces with Allied for Startups to promote policies that bolster Europe’s tech scale-ups. Drawing on Delivery Hero’s track record as a leading “founder factory,” the collaboration will pinpoint regulatory and funding challenges, channel entrepreneurial … Read the full press release

AUTO1 Group to Create 2,000+ Jobs as It Scales Branches and Refurbishment Centres Across Europe

(IN BRIEF) AUTO1 Group is set to add more than 2,000 positions across Germany, France, Italy, and Spain as it scales its used-car business. The company will expedite the launch of new drop-off branches for wirkaufendeinauto.de and related brands—having opened … Read the full press release

Empowering Frontline Teams with Vodafone & Airbus’s Secure Collaborative Network

(IN BRIEF) Vodafone Business and Airbus Public Safety and Security have launched a secure critical-communications service across Europe that links mobile users with control rooms via voice, messaging, video, and location services. Built on Vodafone’s MCX prioritisation and Airbus’s Agnet … Read the full press release

Tikehau Capital Unveils €150 Million Defense & Security Fund to Boost Europe’s Sovereignty

(IN BRIEF) Tikehau Capital, in partnership with Société Générale Assurances, CNP Assurances, and the CARAC Group—and with backing from the French Ministry of Defense and the DGA—has introduced Tikehau Défense et Sécurité, a €150 million Article 8 fund dedicated to … Read the full press release

Bay of Biscay Subsea Link to Double Power Exchange Between Spain and France with €1.6 Billion EIB Backing

(IN BRIEF) The Bay of Biscay electricity interconnection will link Spain and France via a 400 km high-voltage DC submarine cable, boosting capacity from 2,800 to 5,000 MW and integrating the Iberian Peninsula into Europe’s power grid. Jointly implemented by … Read the full press release

Siemens Showcases Xcelerator-Powered Digital Transformation at Paris Air Show 2025

(IN BRIEF) At the 2025 Paris Air Show, Siemens Digital Industries Software debuted its chalet to highlight the Siemens Xcelerator platform’s role in revolutionizing aerospace and defense design, manufacturing, and operations. The exhibit features the Convergence Room—where AI, digital twins, … Read the full press release

Siemens and COIMA Transform Milan’s Pirelli 35 into a Smart, Low-Carbon Commercial Hub

(IN BRIEF) Siemens Smart Infrastructure and COIMA have revamped Milan’s Pirelli 35 into a state-of-the-art smart building, achieving a 60 percent reduction in energy use and cutting 2,000 tons of CO₂ emissions annually. Central to this upgrade is the Desigo … Read the full press release

University of Groningen Launches Wild & Willful Programme to Offer Early Support for Energetic Children

(IN BRIEF) The University of Groningen’s Science for Society series spotlights Wild & Willful (Druk & Dwars), a low-threshold programme developed by Associate Professor Laura Batstra to support energetic and headstrong children without immediate medical labeling. In partnership with the … Read the full press release

Wood and TendrillWood JV to Lead Five-Year Brownfield EPC Initiatives for Brunei Shell

(IN BRIEF) Wood and its JV partner Tendrill have secured a five-year contract—with a two-year extension option—to provide comprehensive brownfield EPC services for Brunei Shell Petroleum’s offshore and onshore facilities. The agreement entrusts the TendrillWood JV with full-cycle project delivery, … Read the full press release