Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

CMU OmniClear and SIX Partner to Boost Cross-Border Securities Investment

(IN BRIEF) CMU OmniClear Limited, a subsidiary of the Hong Kong Monetary Authority, has signed a Memorandum of Understanding (MOU) with SIX to enhance cooperation in securities depository and settlement services. This partnership aims to strengthen cross-border investment opportunities by … Read the full press release

Novo Nordisk’s Alhemo® Recommended for European Approval as First Once-Daily Subcutaneous Treatment for Haemophilia A and B with Inhibitors

(IN BRIEF) Novo Nordisk’s Alhemo® (concizumab) has been recommended for approval by the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP). If approved, Alhemo® will become the first once-daily subcutaneous prophylactic treatment for people aged 12 … Read the full press release

Leasys Launches Digital Marketplace to Boost Low-Emission Vehicle Rentals Across Europe

(IN BRIEF) Leasys has launched its new e-commerce platform, Leasys e-Store, as part of its European digitalization strategy. The platform enables customers to rent low-emission and electric vehicles online through a secure, user-friendly interface. Initially launched in the Netherlands, the … Read the full press release

Sanofi and Orano Med Partner to Drive Development of Advanced Radioligand Cancer Therapies

(IN BRIEF) Sanofi and Orano Med have partnered to accelerate the development of next-generation radioligand therapies (RLTs) for rare cancers. By combining their expertise, they aim to advance treatments using lead-212 (212Pb) alpha-emitting isotopes, which target and destroy cancer cells … Read the full press release

Husqvarna Expands Professional Robotic Mower Line with Four New Boundary Wire-Free Models

(IN BRIEF) Husqvarna Group has unveiled four new robotic lawn mowers designed for professional use, including the 580L EPOS, 580 EPOS, 560 EPOS, and an updated 535 AWD EPOS. These boundary wire-free models feature GPS navigation and selectable cutting patterns, … Read the full press release

German Researchers Advance 6G Technology with Focus on Security, Digital Twins, and Telediagnostics

(IN BRIEF) Researchers at the Technical University of Munich (TUM) and TU Dresden are leading initiatives to develop 6G mobile communication technologies, with commercial availability expected by 2030. These projects focus on key advancements such as digital twins for reliable … Read the full press release

HENSOLDT to Provide Advanced Radar Systems to Boost Australia’s Air Surveillance and Space Operations

(IN BRIEF) HENSOLDT has secured a contract with Space Centre Australia (SCA) to deliver two high-performance Air Surveillance Radar – Next Generation (ASR-NG) systems and provide a 20-year sustainment plan. The radar systems will enhance airspace management in Australia, supporting … Read the full press release

SEDEMAC Leverages Siemens Xcelerator to Streamline Electric Vehicle Motor Control Development

(IN BRIEF) SEDEMAC has adopted Siemens’ Xcelerator portfolio, including Polarion™ X and Teamcenter® X software, to streamline the development of its motor control units for electric vehicles, hybrids, eBikes, and power tools. By integrating these tools, SEDEMAC aims to enhance … Read the full press release

Green Mobility Partners Enters European Leasing Market with Siemens Mobility’s Vectron Locomotives

(IN BRIEF) Green Mobility Partners, a new player in the European locomotive leasing market, has ordered up to 50 Vectron MS locomotives from Siemens Mobility, with an initial purchase of eight units. The Vectron locomotives, known for their cross-border travel … Read the full press release

Plenitude Begins Construction on 220 MW Solar Facility in Salamanca, Enhancing Spain’s Renewable Energy Capacity

(IN BRIEF) Plenitude has commenced construction on a 220 MW solar power plant in Villarino de los Aires, Salamanca, which will be one of the largest in the Castilla y León region. The project, expected to produce over 400 GWh … Read the full press release

EIF Commits €100 Million to Boost Green Energy Projects in Scandinavia through Prime Capital Fund

(IN BRIEF) The European Investment Fund (EIF) has committed €100 million to the Prime Green Energy Infrastructure Fund II (PGEIF II), managed by Prime Capital AG, to support renewable energy projects in Scandinavia. This brings the fund’s total size to … Read the full press release

New €86M EIF and Malta Initiative to Boost SME Competitiveness and Unlock €60M in Investments

(IN BRIEF) The European Investment Fund (EIF) and the Government of Malta have launched a new €86 million initiative to support small and medium-sized enterprises (SMEs) in Malta. The first phase involves a €30 million guarantee through Bank of Valletta, … Read the full press release

EIB and KCB Partner to Boost Kenyan SMEs, Empower Women and Youth with €230M Investment

(IN BRIEF) The European Investment Bank (EIB Global) and KCB Bank Kenya have formed a €230 million (KShs. 32 billion) partnership to support small and medium enterprises (SMEs), with a focus on women and youth-led businesses in Kenya. The investment, … Read the full press release

EIB Backs Vay’s Expansion of Remote-Driven Car-Sharing in Europe with €34 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to Vay, a German teledriving technology company, to support its expansion in Europe. Vay’s innovative system allows vehicles to be remotely driven by trained drivers from a … Read the full press release

Zalando Revolutionizes Online Shopping with Advanced 3D Avatars in Virtual Fitting Rooms

(IN BRIEF) Zalando has introduced an enhanced virtual fitting room that allows customers to create personalized 3D avatars using their own body measurements. This new feature, available in 14 European markets, enables shoppers to virtually try on Levi’s clothing, offering … Read the full press release

Stadler Partners with SZU to Modernize Signalling Systems and Deliver New Trains for Zurich Rail Network

(IN BRIEF) Stadler Signalling AG has entered into a partnership with Sihltal Zürich Uetliberg Bahn (SZU) to modernize SZU’s signalling systems by 2034 as part of the SZU_4.0 modernization initiative. The 34 million franc contract includes upgrading signal boxes and … Read the full press release

FrieslandCampina Secures Strong Investor Demand with €300 Million Hybrid Bond Issuance

(IN BRIEF) Royal FrieslandCampina N.V. has issued a €300 million hybrid bond to proactively refinance an existing bond set to reset in December 2025. The bond was well received by institutional investors, with orders exceeding €1.2 billion. The bond carries … Read the full press release

Schneider Electric Boosts Data Center Leadership with Acquisition of Liquid Cooling Specialist Motivair

(IN BRIEF) Schneider Electric has acquired a 75% controlling interest in Motivair Corporation, a leader in advanced liquid cooling solutions for high-performance computing and data centers. The acquisition strengthens Schneider’s position in the data center market as demand for efficient … Read the full press release

TÜV Rheinland to Showcase Advanced Energy and Hydrogen Solutions at Eco Expo Asia 2024

(IN BRIEF) TÜV Rheinland Hong Kong will showcase innovative energy solutions, including waste-to-energy and hydrogen technologies, at Eco Expo Asia 2024. The company’s display will focus on promoting carbon neutrality and sustainable development across various sectors such as energy and … Read the full press release

SDX and RULEMATCH Partner to Revolutionize Crypto Trading and Custody for Financial Institutions

(IN BRIEF) SDX and RULEMATCH have partnered to offer a comprehensive solution for financial institutions to trade, settle, and securely manage crypto assets. The partnership integrates SDX’s custody services with RULEMATCH’s trading and settlement platform, allowing institutions to trade without … Read the full press release

Capgemini Report Highlights Generative AI’s Role in Transforming Entry-Level Careers and Management Practices

(IN BRIEF) The latest report from the Capgemini Research Institute, titled Gen AI at Work: Shaping the Future of Organizations, reveals how generative AI (Gen AI) is poised to significantly impact entry-level careers and organizational structures across industries. The study … Read the full press release

Aalborg University Researchers Discover Genetic Marker Linked to Severe Ulcerative Colitis, Paving the Way for Personalized Treatment

(IN BRIEF) Researchers have identified the genetic variant HLA-DRB1*01:03, which is strongly linked to severe ulcerative colitis. About 3% of patients carry this variant, and of those, over 40% required major surgery within three years of diagnosis. (PRESS RELEASE) AALBORG, … Read the full press release

Alstom Delivers First Driverless Train for Chennai Metro Phase II, Boosting Sustainable Urban Mobility

(IN BRIEF) Alstom has delivered the first driverless metro train for Chennai Metro’s Phase II, as part of a larger order of 36 trains. Manufactured entirely in India under the ‘Make in India’ initiative, the trains are designed for efficient, … Read the full press release

Telenor Warns Nordic Region to Strengthen Cybersecurity as EU’s NIS2 Directive Takes Hold

(IN BRIEF) Telenor’s Nordic Digital Security 2024 report emphasizes the urgency for greater collaboration and readiness across the Nordic region as the EU’s NIS2 Directive takes effect. The directive aims to enhance cybersecurity by enforcing stricter security requirements and mandatory … Read the full press release

TUM and Pfennigparade Join Forces to Develop AI-Driven Assistive Technologies for Disabled Individuals

(IN BRIEF) The Technical University of Munich (TUM) has partnered with the Pfennigparade Foundation to develop robotics and AI technologies that will improve the daily lives of people with physical impairments. Over the next three years, TUM researchers will collaborate … Read the full press release

Universities of York and Hull Launch New Centres to Support Disadvantaged Youth in Grimsby and Bridlington

(IN BRIEF) A collaboration between the universities of York and Hull, along with the university-access charity IntoUniversity, is launching two new education centres in Grimsby and Bridlington. These centres aim to support disadvantaged young people aged 7-18, who are often … Read the full press release

Wood Leads Joint Industry Effort to Set CO2 Standards and Accelerate Global CCUS Projects

(IN BRIEF) Wood has launched a Joint Industry Partnership (JIP) to accelerate Carbon Capture, Utilisation, and Storage (CCUS) projects by developing the first industry guidelines that address the impact of CO2 impurities throughout the CCUS value chain. These guidelines aim … Read the full press release

Iberdrola Recognized Among Top 10 Global Companies for Leadership in Sustainability and Climate Action

(IN BRIEF) Iberdrola has been recognized by Richmond Global Sciences (RGS) as one of the top 10 companies globally for its significant positive impact on environmental, social, and financial aspects. This recognition highlights Iberdrola’s commitment to the United Nations Sustainable … Read the full press release

Ricoh Unveils Cost-Effective RICOH Pro VC40000 Inkjet Press for High-Speed Transactional and Book Printing

(IN BRIEF) Ricoh has launched the RICOH Pro VC40000 mono webfed inkjet press, designed to offer high-quality and cost-effective solutions for transactional and book printing. The press provides speeds of up to 180 meters per minute at 600 x 600 … Read the full press release

EIF and LfA Förderbank Bayern Partner to Unlock €400 Million in Financing for Bavarian SMEs’ Innovation and Sustainability

(IN BRIEF) The European Investment Fund (EIF) has partnered with LfA Förderbank Bayern to expand a guarantee programme aimed at supporting small and medium-sized enterprises (SMEs) in Bavaria. With a €13 million counter-guarantee from the EIF, the programme will enable … Read the full press release

International Partners Drive Ukraine’s Reconstruction and Resilience Through EC-EIB-UNDP Collaboration

(IN BRIEF) The “United in Ukraine’s Recovery” conference in Brussels brought together the European Commission, the European Investment Bank (EIB), the United Nations Development Programme (UNDP), and Ukrainian local authorities to discuss ongoing reconstruction efforts. The partnership has been instrumental … Read the full press release

EIB Greenlights €5.8 Billion to Drive Global Energy, Transport, and Innovation Advancements

(IN BRIEF) The European Investment Bank (EIB) Board has approved €5.8 billion in new financing to support various projects across Europe and beyond. This includes €2.2 billion for clean energy and water projects, €1.8 billion for urban development and education, … Read the full press release

EIB and Groupe BPCE Expand Partnership to Provide Over €1 Billion for French SMEs’ Innovation and Renewable Energy Projects

(IN BRIEF) The EIB Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has teamed up with Groupe BPCE to support small businesses and mid-caps in France. They signed two financing agreements exceeding €1 billion to … Read the full press release

EIA and NGOs Urge EU to Reject Deforestation Law Delay, Citing Global Climate and Forest Risks

(IN BRIEF) More than 225 civil society organizations, including the Environmental Investigation Agency (EIA), are urging the European Parliament and EU governments to reject the European Commission’s proposal to delay the implementation of the EU Deforestation Regulation (EUDR) by 12 … Read the full press release

Lindner Launches MUTE+® Wings: Acoustic Absorbers Combine Sound Control with Elegant Design and Lighting

(IN BRIEF) Lindner Group has launched the MUTE+® wings, a new line of acoustic wall absorbers designed in collaboration with Simon Busse. Inspired by the lightness of wings, these sound-absorbing panels enhance room acoustics by reducing noise and reverberation, creating … Read the full press release

Neste’s Renewable Diesel Powers Verne Data Centers’ Backup Generators, Supporting a Sustainable Future

(IN BRIEF) Neste has partnered with Verne, a leading data center provider in Finland, to power Verne’s backup generators with Neste MY Renewable Diesel™, a fuel made from 100% renewable raw materials like animal fat and used cooking oil. By … Read the full press release

Infineon Unveils SECORA™ Pay Green: Revolutionizing Payment Cards with Eco-Friendly, Recyclable Technology

(IN BRIEF) Infineon Technologies AG has launched SECORA™ Pay Green, the world’s first contactless payment card technology designed to significantly reduce plastic waste and carbon emissions in the payment card industry. This new solution integrates an eco-friendly Coil-on-Module (eCoM) package, … Read the full press release

Wind Power Milestone: Iberdrola and Masdar Complete Baltic Eagle Turbine Installation to Power 475,000 Homes

(IN BRIEF) Iberdrola and Masdar have completed the installation of all 50 wind turbines at the Baltic Eagle offshore wind farm in the German Baltic Sea. The 476 MW wind farm is set to provide clean energy to around 475,000 … Read the full press release

AstraZeneca Presents New Data at IDWeek 2024, Showcasing Progress in Respiratory Disease Prevention and Vaccine Innovation

(IN BRIEF) AstraZeneca presented significant advancements in the prevention of infectious diseases at IDWeek 2024, showcasing its dedication to addressing respiratory infections caused by RSV, hMPV, and COVID-19. The company revealed promising data across its portfolio, including Beyfortus, an antibody … Read the full press release

WinGD Unveils Flexible LPG-Ready Engines to Bridge the Transition to Ammonia-Fueled Shipping

(IN BRIEF) WinGD has introduced a new option for its ammonia-fueled X-DF-A engines that allows them to run on liquefied petroleum gas (LPG) as a transitional fuel. This “pre-fit” option, called X-DF-P, offers ship operators flexibility as they prepare for … Read the full press release