Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

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

BayWa Agrees to Sell Cefetra to First Dutch, Cutting Over €650 Million of Bank Debt

(IN BRIEF) BayWa AG has agreed to sell Cefetra to Peter Goedvolk’s First Dutch, subject to regulatory approval, trimming its bank debt by over €650 million. Combined with a €500 million liability reduction from Raiffeisen Ware Austria shares earlier in … Read the full press release

Intesa Sanpaolo Introduces CO₂ Mitigation Solutions to Drive Corporate Decarbonisation and Carbon Offsetting

(IN BRIEF) Intesa Sanpaolo has unveiled CO₂ Mitigation Solutions, a new service enabling businesses to calculate their carbon footprint, set science-based reduction targets, implement decarbonisation measures, and purchase certified carbon credits. The initiative—crafted by the Banca dei Territori Division and … Read the full press release

Uniper and Energiekontor Break Ground on 46.2 MW East Ayrshire Wind Farm to Power 66,000 Homes

(IN BRIEF) Uniper and Energiekontor UK have launched construction on a 46.2 MW wind farm in East Ayrshire, Scotland, capable of powering over 66,000 homes. Approved in 2022 and revised in 2024, the seven-turbine project starts building in 2027 and … Read the full press release

Bundeswehr Provider Orders Mid-Three-Digit Fleet of Mercedes-Benz Arocs 6×6 Trucks

(IN BRIEF) BwFuhrparkService GmbH has awarded Daimler Truck a contract for a mid-three-digit number of Mercedes-Benz Arocs 6×6 logistics trucks, set for delivery by May 2026. These Euro VI vehicles, featuring a ten-ton payload, 0.9 m water fording, and all-wheel … Read the full press release

Daimler Truck Poland Opens Nadarzyn Training Center and Launches 75 Actros L ProCabin Demo Trucks

(IN BRIEF) Daimler Truck Poland has opened its modern Truck Training Center in Nadarzyn, near Warsaw, featuring theory rooms, an e-learning lab, and a large service hall. The 700 m² facility—formerly a TruckStore location—is strategically positioned on the S8 highway … Read the full press release

Wolters Kluwer TAA’s Jason Marx Wins CEO Pinnacle Awards as Division Sweeps Global Tax & Accounting Honors

(IN BRIEF) In the first half of 2025, Wolters Kluwer Tax and Accounting amassed numerous global awards for its pioneering products and leadership. CEO Jason Marx was honored with both National and Enterprise CEO Pinnacle Awards for his strategic vision, … Read the full press release

Wolters Kluwer’s CCH Tagetik Intelligent Platform Wins 2025 People’s Choice Stevie® Award for AI-Financial Innovation

(IN BRIEF) Wolters Kluwer’s CCH Tagetik Intelligent Platform won the 2025 People’s Choice Stevie® Award for Favorite New Product in the AI – Financial category. As the first AI-powered corporate performance management solution, CCH Tagetik—anchored by its “Ask AI” super … Read the full press release

Digi Communications N.V. announces Share transaction made by a Non-Executive Director of the Company with class B shares

(IN BRIEF) On 10 June 2025, Non-Executive Director José Manuel Arnaiz de Castro bought 6,800 Class B shares and promptly reported it under EU Market Abuse Regulation to ASF, AFM and the Company’s compliance office; Digi Communications N.V. is a … Read the full press release