Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Thales Warns of Sixfold Surge in Ransomware Strikes on Aviation Ahead of Paris Air Show

(IN BRIEF) Thales’s latest report, released just before the Paris Air Show, documents a 600% rise in ransomware attacks on the aviation industry between January 2024 and April 2025. Analysts recorded 27 major incidents by 22 ransomware groups, with 71% … Read the full press release

EIB Commits €235 Million to Modernize Uusimaa Hospitals and Build Sustainable Schools in Vantaa

(IN BRIEF) The EIB is extending €235 million in loans to enhance public services in Finland’s Uusimaa region: €135 million for upgrading three major hospitals under Helsinki University Hospital’s broader €300 million program, and €100 million for building and refurbishing … Read the full press release

CACEIS Ireland Taps ETF Veteran Eamonn O’Callaghan to Head New Product Line

(IN BRIEF) CACEIS Ireland appointed Eamonn O’Callaghan as ETF Group Product Manager on 9 June 2025. Eamonn brings 25 years of ETF experience—most recently as Head of European ETF Product at Brown Brothers Harriman—and academic credentials in IT for Strategic … Read the full press release

BioNTech to Acquire CureVac in $1.25 Billion All-Stock Deal, Boosting mRNA Oncology Portfolio

(IN BRIEF) BioNTech agreed to buy CureVac in an all-stock deal valuing CureVac at ~$1.25 billion, exchanging each share for $5.46 in BioNTech ADSs—a 55% premium to its recent stock price. The merger, expected to close in 2025, strengthens BioNTech’s … Read the full press release

Hexagon Expands Geosystems Division with APEI Acquisition to Meet Growing Demand for High-Resolution Aerial Data

(IN BRIEF) Hexagon AB will acquire French aerial-mapping firm APEI—operator of a private survey aircraft fleet across Europe and Africa—to expand its geospatial content capabilities. APEI’s longstanding partnership with Hexagon includes contributions to the Hexagon Content Program and HxDR platform. … Read the full press release

BAM Powers Princess Alexia Viaduct Project with On-Site Electric Charging Hub

(IN BRIEF) BAM Infra Nederland has established an on-site electric charging station—fed by a Stedin 23 kV supply—to power battery-electric construction equipment for the Princess Alexia Viaduct on Maasvlakte 2. The move fulfills sustainable tender criteria, enabling emission-free operation of … Read the full press release

Five-Year Grant Secures After-School and Holiday Care at Heriot Country Kids

(IN BRIEF) Heriot Country Kids has been awarded a five-year grant from the Carcant Wind Farm Community Fund to fund a Lead Practitioner, securing its wraparound childcare provision. The club supports 18 families monthly—benefiting around 100 individuals annually—and is celebrated … Read the full press release

New SGS Service Empowers Food Operators with Global Food-Waste Certification

(IN BRIEF) SGS has launched The PLEDGE on Food Waste Certification—a third-party audited program aligned with UN SDG 12.3—to help food service providers cut waste, improve efficiency, and showcase sustainability leadership. The service includes gap assessments, customized onboarding, global audit … Read the full press release

SGS Partners with The PLEDGE on Food Waste to Certify Sustainability in Food Service

(IN BRIEF) SGS has partnered with The PLEDGE on Food Waste to offer certification and independent audits to food service providers under a framework of seven pillars and 95 criteria that address every step from procurement to disposal. This initiative … Read the full press release

WinGD to Power Trafigura’s New Ammonia-Fuelled Gas Carriers with X-DF-A Engines

(IN BRIEF) WinGD will provide four six-cylinder 6X52DF-A ammonia-fuelled engines—each with high-pressure SCR—to power 45,000 m³ medium gas carriers being built by HD Hyundai Mipo for Trafigura. The order highlights ammonia’s growing role in decarbonizing shipping. X-DF-A engines have demonstrated … Read the full press release

New Fincantieri-PMM Collaboration Enhances Indonesia’s Underwater Defense and Industrial Sovereignty

(IN BRIEF) At the Indo Defence Expo & Forum in Jakarta on 12 June 2025, Fincantieri and Indonesian systems integrator PT PRIMA MAJU MAPAN (PMM) signed a Technical Collaboration Agreement. The partnership will co-develop and deploy advanced technologies to protect … Read the full press release

Nokia Powers O2 Czech Republic as Nation’s First 5G Standalone Core Operator

(IN BRIEF) Nokia has supplied its cloud-native 5G Standalone Core software to O2 Czech Republic, making it the nation’s first operator to launch 5G SA. The deployment includes Nokia’s Packet Core solution, enabling network slicing, ultra-low latency, multi-cloud flexibility, enhanced … Read the full press release

Nokia Boosts 7705 SAR and 7250 IXR with Quantum-Safe Security and 400 GE Scalability for Smart Grids

(IN BRIEF) Nokia has upgraded its 7705 SAR and 7250 IXR routers for utilities adopting smart grid architectures, adding advanced quantum-safe MACsec encryption, precise IEC 61850-based synchronization, and scalable 100 GE/400 GE capacity. These enhancements ensure compatibility with legacy SCADA … Read the full press release

Sika Unveils End-to-End Solutions to Accelerate Hyperscale and Edge Data Center Builds

(IN BRIEF) Sika described its integrated suite of construction solutions in Dallas, highlighting its track record of over 1,000 data centers built and a strong future pipeline. Global data center spending is expected to top CHF 400 billion by 2028, … Read the full press release

EY and NVIDIA Launch AI-Driven Platform to Revolutionize Third-Party Risk Management

(IN BRIEF) EY.ai for Risk is a new suite of AI-powered risk management tools developed in partnership with NVIDIA. Combining NVIDIA NIM microservices and EY’s 100+ years of risk expertise, the solution runs on the EY.ai agentic platform to streamline … Read the full press release

Swiss Re SONAR 2025 Flags Extreme Heat as Top Emerging Risk with Half-Million Annual Deaths

(IN BRIEF) Swiss Re’s 2025 SONAR report identifies extreme heat as a leading emerging risk, attributing up to 500,000 deaths annually to heatwaves—more than floods, quakes, and hurricanes combined. The report traces rising severity and duration of heat events, notes … Read the full press release

Eurojust Backs Romania and Moldova in Major Phishing Fraud Money-Laundering Crackdown

(IN BRIEF) Eurojust coordinated a major cross-border operation in Romania and Moldova against a phishing fraud network that had been active since at least 2013. In joint actions today, authorities searched 44 locations, targeting the subgroup responsible for opening fraudulent … Read the full press release

EIB Triples Defence SME Financing to €3 Billion with First Deutsche Bank Partnership

(IN BRIEF) The EIB is tripling its intermediated lending for European defence-industry suppliers from €1 billion to €3 billion. It has signed an inaugural €500 million loan agreement with Deutsche Bank, which will provide €1 billion in credit lines to … Read the full press release

Kapsch TrafficCom AG Relinquishes Control of Belarus Toll Operator, Retains Economic Stake

(IN BRIEF) Kapsch TrafficCom AG has reduced its stake in Kapsch Telematic Services IOOO (Belarus) to below 50%, deconsolidating the toll-system operator and ceasing revenue recognition from its results. Although control has been relinquished, the transaction’s structure ensures Kapsch TrafficCom … Read the full press release

Scila Risk Replaces Legacy Systems at KGI, Enabling Real-Time Multi-Asset Risk and Collateral Optimization

(IN BRIEF) KGI Securities Singapore has launched Scila Risk—a unified multi-asset risk management platform—to replace its separate equities and derivatives systems. The solution provides real-time exposure calculations, collateral optimization, and scenario analysis for equities, derivatives, and FX. CEO Ken Ong … Read the full press release