Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Artec 3D Secures €15 Million EIB Venture Debt to Advance AI-Powered Scanning R&D in Luxembourg and Portugal

(IN BRIEF) Artec 3D, a Luxembourg-based developer of portable 3D scanners and software, has secured a €15 million venture debt facility from the European Investment Bank under the InvestEU initiative. The partnership, formalised at the Luxembourg Nexus technology expo, represents … Read the full press release

Five Luxembourg Banks Join EPI to Launch Wero Instant-Payments App by Mid-2026

(IN BRIEF) EPI has onboarded Spuerkeess, BGL BNP Paribas, BIL, POST Finance and Banque Raiffeisen, who—supported by LUXHUB—will launch the Wero app in Luxembourg by June 2026. Wero offers instant peer-to-peer, invoice, online and point-of-sale payments across Luxembourg and neighboring … Read the full press release

Dr. Daniel Heymann’s COO Term Extended by Three Years as NORMA Group Accelerates Automation and Quality Initiatives

(IN BRIEF) NORMA Group has extended Dr. Daniel Heymann’s contract as COO by three years, moving the expiration date from May 2026 to May 2029. Since May 2023, Dr. Heymann has led operational improvements, automation projects and quality-assurance enhancements. The … Read the full press release

New Closed-Loop Molten Salt Energy Storage Facility in Spain Marks Malta’s First Commercial LDES Deployment with BBVA Backing

(IN BRIEF) BBVA and Malta Iberia PHES SL have signed an agreement to develop a 14 MWh long-duration energy storage demonstration plant in Puertollano, Spain. Utilizing a closed-loop molten salt and steam system, the facility will absorb surplus renewable energy … Read the full press release

Blue Breath Cleans 280 Tons of Marine Waste and Revives Historic Seagrass Meadows in Turkey

(IN BRIEF) Launched in 2021 by Garanti BBVA and DenizTemiz Derneği/TURMEPA, the Blue Breath project has spent four years tackling pollution and restoring coastal ecosystems across Turkey. Teams have extracted 280 tons of trash and 650 000 liters of liquid … Read the full press release

CET Partnership Opens €2 Million Call for International Energy Transition Research Projects by October 2025

(IN BRIEF) The CET Partnership’s 2025 call offers €2 million for international research projects that accelerate the EU’s energy transition toward a low-emission economy by 2050. Dutch applicants—including TO2 institutes—can apply for up to €400 000 per project, in collaboration … Read the full press release

New Eaux Blanches Plant in Sète Delivers Ultrafiltration, Biogas Production and Circular-Economy Solutions for 165,000 Residents

(IN BRIEF) On June 14, 2025, key officials inaugurated the new Eaux Blanches wastewater treatment plant in Sète, Hérault—a €64 million infrastructure upgrade launched in 2018 to modernize sanitation across seven municipalities. The facility employs ultrafiltration membranes to achieve “Class … Read the full press release

Escándalo Judicial en Aumento Alarma a la Opinión Pública: Suprema Corte de México Enfrenta Acusaciones de Favoritismo hacia el Aspirante a Magnate Ricardo Salinas Pliego

(NOTICIA EN BREVE) La ministra Lenia Batres acusó a sus colegas de la Suprema Corte de excluirla por tercera vez de las deliberaciones sobre la deuda fiscal de más de 63 000 millones de pesos de Grupo Elektra y Ricardo … Read the full press release

EIF Backs €100 Million Orbit Growth Debt II Fund for Non-Dilutive Tech Financing in Czechia, Poland and Slovakia

(IN BRIEF) The EIF is investing up to €20 million in Orbit Growth Debt II, a new €100 million private credit fund managed by Orbit Capital, focused on non-dilutive senior debt financing for growth-stage tech and tech-enabled SMEs and small … Read the full press release

GKN Aerospace to Build Wing Structures for Archer Midnight eVTOL Aircraft

(IN BRIEF) GKN Aerospace has broadened its collaboration with Archer Aviation to include the manufacture and supply of wing structures for the Midnight eVTOL air taxi, in addition to supplying low-voltage EWIS since 2023. Midnight, a four-passenger electric air taxi … Read the full press release

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