Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Boralex and Saint-Gobain Sign 20-Year Agreement to Power French Operations with Renewable Energy

(IN BRIEF) Boralex and Saint-Gobain have signed a 20-year Power Purchase Agreement (PPA) to supply renewable energy from three Boralex power plants in France, consisting of two solar plants and one wind farm. Set to begin operations between 2026 and … Read the full press release

FrieslandCampina Launches Pilot to Curb Methane Emissions with Innovative Manure Additive in Dutch and German Dairy Farms

(IN BRIEF) FrieslandCampina, in partnership with Agrifirm, Agravis, and Alzchem, has initiated a pilot program using the manure additive Eminex to reduce methane emissions during manure storage. Ten dairy farmers in the Netherlands and Germany are testing Eminex to explore … Read the full press release

FrieslandCampina Climbs to Second in Global Nutrition Index, Advancing Access to Affordable, Nutritious Dairy Worldwide

(IN BRIEF) FrieslandCampina has risen to the second position on the Access to Nutrition Initiative (ATNi) Global Index, reflecting its dedication to combating malnutrition and improving access to nutritious, affordable dairy products worldwide. The company is recognized for its transparent … Read the full press release

Iberdrola and Acciaierie Venete Sign PPA to Boost Green Energy and Decarbonize Steel Production in Italy

(IN BRIEF) Iberdrola and Acciaierie Venete Spa have signed a multi-year Power Purchase Agreement (PPA) to supply 12MW of green energy from an Iberdrola photovoltaic plant under construction. This partnership will help reduce CO₂ emissions by approximately 6,960 tonnes per … Read the full press release

SGS to Lead Decarbonization Panel at COP29, Focusing on Practical Solutions for Business Sustainability

(IN BRIEF) SGS will participate in COP29 in Baku, Azerbaijan, where it will lead a panel discussion titled “Decarbonization Agenda for Businesses: Challenges and Practical Solutions” on November 14. The session will gather experts in energy transition to examine the … Read the full press release

European Research Collaboration by Merck and Intel Pioneers AI-Driven Sustainability in Semiconductor Manufacturing

(IN BRIEF) Merck and Intel have launched a collaborative academic research initiative in Europe, bringing together eleven institutions from six countries. The program focuses on using Artificial Intelligence (AI) to make semiconductor manufacturing more sustainable, with research projects dedicated to … Read the full press release

Evonik Unveils Sustainable Feed Innovations and Carbon Footprint Reductions at Eurotier 2024

(IN BRIEF) Evonik is using the Eurotier 2024 event to highlight its sustainable contributions to animal protein production through innovative feed ingredients and feeding concepts. By sharing life cycle assessments for products such as Ecobiol® and GuanAMINO®, and publishing the … Read the full press release

Schroders Capital and Hannover Re Win Award for Pioneering Tokenisation of Insurance-Linked Securities

(IN BRIEF) Schroders Capital’s Insurance-Linked Securities team received the Best Decentralised Finance (DeFi) Initiative award at the 2024 Digital Assets Awards for its innovative tokenisation pilot. In partnership with Hannover Re, the pilot demonstrated how reinsurance contracts can be tokenised … Read the full press release

Schroders’ Johanna Kyrklund Wins CIO of the Year for Leadership and Innovation in Asset Management

(IN BRIEF) Johanna Kyrklund, Group Chief Investment Officer at Schroders, has been awarded the CIO of the Year at the 2024 Funds Europe Awards, honoring her leadership and transformative contributions to the firm since 2007. Since stepping into the Group … Read the full press release

Schroders Appoints Phil Middleton as Head of UK and Promotes Tom Darnowski to CEO Americas

(IN BRIEF) Schroders has appointed Phil Middleton as Head of UK and promoted Tom Darnowski to CEO Americas. Both leaders bring extensive experience to their roles, with Middleton returning to the UK after leading Schroders’ Americas operations and Darnowski advancing … Read the full press release

Kapsch TrafficCom Calls for EU Taxonomy to Recognize the Environmental Impact of Road Tolling and Traffic Management

(IN BRIEF) Kapsch TrafficCom urges the EU to include road tolling and traffic management in the EU Taxonomy, highlighting their potential for significant CO2 reductions and alignment with sustainability goals. The company’s white paper, available online, offers data-backed insights supporting … Read the full press release

Covestro Recommends ADNOC International’s €11.7 Billion Takeover Offer to Support Sustainable Growth Strategy

(IN BRIEF) Covestro’s management has recommended shareholders accept a €62.00 per share takeover offer from ADNOC International, highlighting the strategic partnership’s alignment with Covestro’s sustainability goals and the attractive 54% premium offered. The offer period runs through November 27, with … Read the full press release

DNV Earns Top Five Ranking in Verdantix ESG & Sustainability Assurance Report for 2024

(IN BRIEF) DNV has been ranked in the top five ESG and sustainability assurance providers in Verdantix’s Green Quadrant 2024 report, praised for its carbon emissions expertise and industry-specific services. DNV’s innovative digital solutions and strong technical knowledge enable it … Read the full press release

Adyen Reports Robust Q3 Growth with 20% Revenue Increase, Driven by Expanding Customer Partnerships

(IN BRIEF) Adyen reported a strong third quarter with net revenue growth of 20% year-over-year, driven by expanding customer relationships. The company processed €320.6 billion in volume, a 32% increase, with notable growth in its platform and Unified Commerce segments. … Read the full press release

Wolters Kluwer Honored for Excellence in Regulatory Reporting and Capital Management Solutions at 2024 Regulation Asia Awards

(IN BRIEF) Wolters Kluwer received high commendations at the 2024 Regulation Asia Awards for Excellence for its OneSumX solutions, recognized in the categories of Regulatory Reporting and Capital and Liquidity Management. The awards celebrate the company’s focus on operational resilience, … Read the full press release

EIB Backs Oceanloop’s Sustainable Aquaculture Expansion with €35 Million Investment in Land-Based Shrimp Farming

(IN BRIEF) The EIB has provided Oceanloop with a €35 million loan to support the expansion of its sustainable shrimp farming technology, allowing the company to grow operations in Germany and establish a large-scale farm in Gran Canaria. This investment … Read the full press release

thyssenkrupp nucera’s scalum® Wins German Sustainability Award for Innovation in Green Hydrogen Technology

(IN BRIEF) thyssenkrupp nucera’s 20 MW scalum® electrolysis module has won the German Sustainability Award for its pioneering role in green hydrogen production. Recognized for its modular, scalable design, scalum® enables large-scale green hydrogen production and supports industry sustainability goals. … Read the full press release

SUSS Reports Record Q3 Results, Expands Production to Meet Growing Semiconductor Demand

(IN BRIEF) SUSS has reported strong Q3 results, with sales of €102.5 million and a 16.9% EBIT margin, continuing a robust growth trend in 2024. The company is expanding production, including a new Taiwan facility, to meet high demand. SUSS … Read the full press release

Equinor Boosts Ownership in Halten East Offshore Project to Enhance Gas Exports to Europe

(IN BRIEF) Equinor has acquired an additional 11.8% stake in the Halten East Unit from Sval Energi, increasing its ownership to 69.5%. Halten East, an offshore project in the Norwegian Sea, holds around 100 million barrels of oil equivalent, mostly … Read the full press release

EIF and Invest-NL Back €68 Million 4impact Fund to Boost Sustainable Tech Startups in Europe

(IN BRIEF) The European Investment Fund (EIF) and Invest-NL have invested in Dutch venture capital firm 4impact capital’s second fund, which closed at €68 million. This fund will support around 25 early-stage digital companies across north-western Europe focused on societal … Read the full press release

EIB Report: African Fintech Growth and Gender Strategies Drive Progress Amid Financial and Climate Challenges

(IN BRIEF) The EIB’s Finance in Africa 2024 report shows a nearly threefold increase in African fintech companies since 2020, significantly improving financial access across the continent. However, challenges like limited credit and high financing costs still impede economic growth. … Read the full press release

EBRD Invests €3 Billion to Strengthen Green Cities Programme for Sustainable Urban Futures

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has pledged an additional €3 billion to expand its Green Cities programme, supporting sustainable urban development across 50+ cities. The programme introduces enhanced Green City Action Plans (GCAPs), with updated … Read the full press release

EBRD and EU Launch €120M SME Go Green Programme to Boost Sustainable Investments in Serbia

(IN BRIEF) The EBRD, with EU support, has launched the SME Go Green programme to finance green economy investments for small and medium-sized enterprises (SMEs) in Serbia and the Western Balkans. Starting with €120 million in funding, with plans to … Read the full press release

International Operation Halts Albanian-Led Cocaine Trafficking Ring with 29 Arrests Across Europe

(IN BRIEF) An international operation coordinated by Eurojust and Europol has disrupted a major Albanian-led drug trafficking network, leading to the arrest of 29 suspects across Italy and Albania. The operation, which began with investigations in 2021, uncovered cocaine concealed … Read the full press release

Logicor Renews Lease with DHL Poland, Expanding Pharmaceutical Logistics Hub in Mysłowice

(IN BRIEF) Logicor has extended its lease with DHL Poland at its Mysłowice logistics park, where DHL occupies 12,200 sqm of warehouse space and provides logistical support for Bausch Health Poland. The facility, tailored for pharmaceutical needs with advanced temperature … Read the full press release

Digi Communications NV announces Investors Call for the presentation of the Q3 2024 Financial Results

(IN BRIEF) Digi Communications N.V. will release its Q3 2024 financial results on November 14, 2024, at 08:00 EEST. Later that day, at 14:00 UK time/16:00 EEST, the company will host a conference call to discuss the results, led by … Read the full press release

EIB Pledges €10.3 Billion for Climate-Resilient Agriculture, Energy, and Infrastructure in Europe

(IN BRIEF) The European Investment Bank (EIB) has committed €10.3 billion to support various European sectors, including agriculture, energy, water, education, and innovation. This funding includes €900 million for immediate reconstruction in flood-affected areas and a landmark €3 billion initiative … Read the full press release

Østnes Expands Nordic Operations with New Airbus H125 Helicopter Fleet Contract

(IN BRIEF) Airbus and Østnes Helicopters have signed a contract for ten additional H125 helicopters to serve the Nordic region, where these aircraft are widely used for utility and aerial missions. The agreement highlights the H125’s adaptability for critical tasks … Read the full press release

Airtelis Expands Offshore Wind Support with Airbus H145 Helicopter Agreement

(IN BRIEF) Airtelis has signed an agreement with Airbus Helicopters to acquire up to five H145 helicopters, with an initial order for one, to be operated by its subsidiary Oya Vendée Hélicoptères for offshore wind industry support. Highlighting the H145’s … Read the full press release

Southampton Astronomer’s Arctic Adventure Inspires Debut Children’s Book on Northern Lights

(IN BRIEF) Dr. Sadie Jones, an astronomer from the University of Southampton, has drawn inspiration from her expedition to Svalbard, Norway, to write her first children’s book, Seren and the Polar Bear Cub, aimed at readers 10 and up. The … Read the full press release

University of Southampton Study Links Prenatal Vitamin D to Lasting Bone Strength in Children

(IN BRIEF) New research led by the University of Southampton shows that children whose mothers took vitamin D supplements during pregnancy have stronger bones at age seven. Part of the MAVIDOS trial, the study found that these children had higher … Read the full press release

voestalpine’s 24-Hour Childcare Boosts Employee Support with Increased Demand and STEM Initiatives

(IN BRIEF) voestalpine’s expanded 24-hour childcare program at its Linz site has been warmly received by employees, especially those working in shifts. In its first year, the program has seen over a 30% increase in enrollment, with more than half … Read the full press release

New Study Reveals Amplified Risks of Climate Change and Chemical Pollution on Ecosystems and Human Health

(IN BRIEF) A University of Helsinki study led by Sabrina Roth reveals that the combination of climate change and chemical pollution creates a far greater threat to ecosystems and human health than previously understood. Roth’s research shows that extreme weather … Read the full press release

Syngenta and Maersk Strengthen Partnership to Advance Sustainable Supply Chain Innovation

(IN BRIEF) Syngenta Crop Protection and Maersk have renewed their fourth-party logistics (4PL) partnership for five more years, focusing on sustainable, optimized supply chain solutions. This extension builds on their joint commitment to reducing greenhouse gas emissions, with both companies … Read the full press release

Standard Chartered and Ant International Achieve 24/7 Liquidity Transfers via Blockchain-Powered Whale Platform

(IN BRIEF) Standard Chartered and Ant International have completed SGD-denominated liquidity transfers using Ant’s blockchain-powered Whale platform, advancing real-time, 24/7 treasury management. The platform uses blockchain and AI to enhance fund transfer efficiency, transparency, and security for Ant’s global treasury … Read the full press release

Alstom Unveils Sustainable, High-Comfort Trains for Barcelona Airport Link, Launching in 2026

(IN BRIEF) Alstom has introduced its new Coradia Stream trains, designed specifically for FGC’s upcoming airport link between central Barcelona and Josep Tarradellas Barcelona-El Prat Airport, set to launch in 2026. Built at Alstom’s facility near Barcelona, these eco-friendly, single-deck … Read the full press release

BAMBI Awards 2024: Robbie Williams Headlines Star-Studded Ceremony with Exclusive Performance

(IN BRIEF) Final preparations are underway for the BAMBI Awards at Bavaria Studios, where over 1,000 VIPs will gather to honor this year’s 13 award recipients. The evening will feature an exclusive performance by Robbie Williams, who will receive his … Read the full press release

EMA Approves Dupixent as First-Ever Treatment for Young Children with Eosinophilic Esophagitis in the EU

(IN BRIEF) The European Medicines Agency has approved Dupixent as the first treatment for eosinophilic esophagitis (EoE) in young children aged one to 11, marking a significant step in managing this condition in a critical developmental phase. The approval is … Read the full press release

Thales Partners with FEBUS Optics to Pioneer Next-Generation Security for Undersea Infrastructure

(IN BRIEF) Thales has partnered with FEBUS Optics to develop advanced monitoring solutions for critical undersea infrastructure (CUI), such as communication cables and pipelines, in response to rising security demands. The collaboration combines Thales’ expertise in underwater detection and sonar … Read the full press release

Infineon Unveils High-Performance AURIX TC4Dx Microcontroller for Next-Gen Software-Defined Vehicles

(IN BRIEF) Infineon Technologies has introduced the AURIX™ TC4Dx, the first in its new line of AURIX TC4x microcontrollers, engineered on 28nm technology to enhance performance, connectivity, and cybersecurity for software-defined vehicles. Featuring a multi-core architecture and integrated AI capabilities, … Read the full press release