Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Siemens lays cornerstone for Erlangen Technology Campus as part of €2 billion global investment strategy

(IN BRIEF) Siemens has laid the cornerstone for a €500 million Technology Campus in Erlangen, Germany, as part of its €2 billion global investment strategy. Positioned as a flagship project of the Made for Germany initiative, the campus will become … Read the full press release

Eni expands partnership with CFS through billion-dollar fusion energy purchase agreement for ARC power plant

(IN BRIEF) Eni has signed a $1 billion+ power offtake agreement with Commonwealth Fusion Systems (CFS) to purchase clean energy from the company’s first ARC fusion power plant in Chesterfield County, Virginia. Expected to connect to the grid in the … Read the full press release

BASF demonstrates climate-smart rice solutions with IRRI to cut emissions and conserve water without yield loss

(IN BRIEF) BASF, in partnership with the International Rice Research Institute (IRRI), has released results from rice field trials in the Philippines showing that greenhouse gas intensity can be reduced by 30% without yield losses. Tested practices such as alternate … Read the full press release

Nominations of Rose Lee and Hikmet Ersek to strengthen Wolters Kluwer Supervisory Board with global leadership expertise

(IN BRIEF) Wolters Kluwer has nominated Rose Lee, former CEO of Cornerstone Building Brands and former DuPont executive, and Hikmet Ersek, former CEO of The Western Union Company, for appointment to its Supervisory Board. The proposals will be presented at … Read the full press release

Max Hohenberg to join Commerzbank as Divisional Board Member for Communications amid bank’s transformation phase

(IN BRIEF) Commerzbank has appointed Max Hohenberg as its new Head of Communications, effective no later than 1 January 2026. He will succeed Philipp Encz and take responsibility for Corporate Communications, Public Affairs, Brand & Research, and the Commerzbank Foundation, … Read the full press release

Intesa Sanpaolo hosts Italian Equity Champions in New York to strengthen global investor ties with Italian corporates

(IN BRIEF) Intesa Sanpaolo’s IMI Corporate & Investment Banking Division has launched the first edition of Italian Equity Champions in New York, a new investor conference aimed at deepening connections between Italian corporates and the global financial community. The event … Read the full press release

Nexans secures major EIB and InvestEU support to boost electrification projects, recycling capacity and carbon neutrality goals

(IN BRIEF) The European Investment Bank has approved €250 million in financing for Nexans to accelerate its industrial investments and research initiatives between 2024 and 2029, with part of the loan backed by an InvestEU guarantee. The funding will support … Read the full press release

Euronext Launches Mini-Sized Futures on European Government Bonds to Broaden Fixed Income Market Access

(IN BRIEF) Euronext has introduced its first set of mini-sized, cash-settled futures on major European government bonds, including the 10-year OAT, Bund, Bono, and BTP, as well as the first 30-year BTP. Listed on Euronext Derivatives Milan with a notional … Read the full press release

Riverty rolls out new multi-market customer service platform built on Microsoft Dynamics 365 with AI and empathy at its core

(IN BRIEF) Riverty has launched a new AI-powered customer service platform developed with Cluster Reply, setting new standards for human-centric engagement in the fintech sector. Built on Microsoft Dynamics 365 Customer Service and enhanced with intelligent routing, context recognition, and … Read the full press release

SMART innovation by Garanti BBVA transforms digital payments with personalized card selection

(IN BRIEF) Garanti BBVA has launched SMART, a new feature that automatically selects the most advantageous card for each transaction, making it the first of its kind in Turkey. Initially available with Miles&Smiles Garanti BBVA and American Express cards, SMART … Read the full press release

Zalando introduces new measures to curb excessive returns and enhance sustainable shopping practices

(IN BRIEF) Zalando is taking new steps to address excessive return rates by introducing a warning system and potential restrictions for the small number of customers who misuse its returns policy, including a possible 12-month account pause in severe cases. … Read the full press release

Digi Romania secures €40 million deal to acquire spectrum, towers and prepaid services in partnership with Vodafone, OTE and Telekom Romania Mobile

DIGI Romania has signed a €40 million agreement with Vodafone Romania, OTE, and Telekom Romania Mobile to acquire spectrum licences, telecom towers, and prepaid mobile services. Vodafone Romania will acquire OTE’s shares in Telekom Romania Mobile, strengthening its position in … Read the full press release

Waystone joins SIX ETF marketplace, enabling Bellevue Asset Management’s healthcare-focused active ETF

IN BRIEF) Waystone ETF ICAV has joined SIX Swiss Exchange as a new issuer with the launch of the Bellevue Healthcare UCITS ETF, an actively managed ETF combining Bellevue Asset Management’s healthcare expertise with the advantages of on-exchange trading. With … Read the full press release

Acuity Knowledge Partners expands AI capabilities with acquisition of European digital transformation firm Ascent

(IN BRIEF) Acuity Knowledge Partners has agreed to acquire Ascent, a European leader in AI-powered digital transformation services, in a deal expected to close on 30 September 2025. The acquisition will expand Acuity’s Data and Technology Services division, adding 550 … Read the full press release

EIB and Portugal sign first tranche of €1.34 billion framework loan to expand affordable and sustainable housing

(IN BRIEF) Portugal and the European Investment Bank have signed a €450 million tranche of a €1.34 billion loan to finance the construction and renovation of around 12,000 affordable rental homes across the country. The programme, part of Portugal’s National … Read the full press release

Viettel upgrades Hanoi broadband with Nokia’s BNG-CUPS solution to improve service and efficiency

(IN BRIEF) Viettel is partnering with Nokia to deploy the BNG-CUPS solution in Hanoi, marking the first such deployment in Vietnam. The upgrade will replace Viettel’s legacy system, improve broadband service reliability, and boost energy efficiency, with Nokia’s FP5-powered 7750 … Read the full press release

Merck opens Ireland’s first climate-neutral life science manufacturing facility to boost filtration capacity

(IN BRIEF) Merck has officially opened its first fully climate-neutral manufacturing facility in Cork, Ireland, with a €150 million investment that will create more than 200 jobs by 2028. The 3,000-square-meter site will produce advanced filtration devices essential for the … Read the full press release

Solvay invests in Bad Wimpfen to build global NocolokⓇ hub while phasing out selected product lines

(IN BRIEF) Solvay is restructuring its German operations with a dual focus on investment and portfolio optimization. The company will discontinue TFA-related organics and certain inorganics, including Hydrogen Fluoride, at Bad Wimpfen by 2026, leading to a net reduction of … Read the full press release

Philips-led IWISH project wins ITEA award for advancing AI solutions in hospital operating rooms

(IN BRIEF) Philips and its consortium partners have received the ITEA Award of Excellence for Business Impact for the IWISH project, which has successfully demonstrated how AI-driven technologies can enhance operating room workflows and reduce healthcare costs. By combining machine … Read the full press release

MOL transforms plastic waste into high-quality polymers as part of SHAPE TOMORROW strategy

(IN BRIEF) MOL Group has successfully completed its first ISCC PLUS-certified production run using post-consumer plastic waste-based circular feedstock at its Tiszaújváros site. The pilot marks a breakthrough in the company’s SHAPE TOMORROW strategy, proving its ability to produce polyethylene … Read the full press release