Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Garanti BBVA Leads Turkish Finance Sector in Workplace Safety Recognition

(IN BRIEF) Garanti BBVA has been awarded the prestigious International Safety Award from the British Safety Council for the sixth year in a row, becoming the only financial institution among 350 Turkish applicants to achieve this recognition in 2025. This … Read the full press release

EIF Joins Forces with Alfa Framtak to Launch First-Ever Private Equity Fund Commitment in Iceland

(IN BRIEF) The European Investment Fund (EIF) has made its first-ever private equity fund investment in Iceland, committing €30 million to Alfa Framtak’s AF3 fund under the European Commission’s InvestEU programme. With a total first close of €145 million, AF3 … Read the full press release

EBRD Clears Path for First-Ever Expansion into Sub-Saharan Africa and Iraq

(IN BRIEF) The EBRD has secured the necessary shareholder approval to amend its statutes and expand operations into select sub-Saharan African countries and Iraq. This move, set to take effect in three months, follows the approval of the amendment by … Read the full press release

EIB Supports Climate-Proofing Efforts for Ports of Volos, Patras, and Alexandroupoli

(IN BRIEF) The European Investment Bank is teaming up with Growthfund to carry out Climate Risk and Vulnerability Assessments for the ports of Volos, Alexandroupoli, and Patras in Greece. The initiative will identify physical climate risks, propose adaptation measures, and … Read the full press release

EIB Joins LeapFrog to Drive Climate Innovation Across Africa and Asia with $60M Commitment

(IN BRIEF) The European Investment Bank has pledged $60 million to support LeapFrog Investments’ Climate Investment Strategy, a fund aiming to deploy $500 million for green technologies across Africa and Asia. Joined by partners such as IFC, Temasek, and SIFEM, … Read the full press release

Swiss Re Appoints Bernhard Kaufmann as New Group Chief Risk Officer, Effective October 2025

(IN BRIEF) Swiss Re has announced the appointment of Bernhard Kaufmann as its next Group Chief Risk Officer, effective 1 October 2025. Kaufmann, who currently holds the same role at Helvetia and has served as CRO at NN Group and … Read the full press release

CERN Reaffirms Energy Management Leadership with Successful 2025 ISO 50001 Audit

(IN BRIEF) CERN has successfully passed its 2025 ISO 50001 surveillance audit, affirming its leadership in energy management and commitment to sustainability. The audit, conducted by AFNOR, found no nonconformities and praised the maturity of CERN’s energy strategies. Recent initiatives … Read the full press release

La Suprema Corte Sanciona a Ricardo Salinas de Grupo Elektra por Obstrucción Legal

(NOTICIA EN BREVE) La Suprema Corte de Justicia de la Nación (SCJN) sancionó al empresario Ricardo Salinas Pliego por obstruir repetidamente la resolución de un juicio fiscal mediante el uso excesivo de recursos legales frívolos. Las autoridades fiscales acusan a … Read the full press release

Hexagon Expands Public Safety Platform with Acquisition of CONET’s Unified Communications Software

(IN BRIEF) Hexagon AB has signed an agreement to acquire the Unified Communications Radio Suite (UCRS) software assets from CONET Communications GmbH to enhance its public safety technology offerings. UCRS integrates various communication channels—such as mobile networks, digital radio, CCTV, … Read the full press release

SAF-HOLLAND Takes Full Control of Haldex India to Drive Expansion in Commercial Vehicle Sector

(IN BRIEF) SAF-HOLLAND SE has acquired the remaining 40% stake in Haldex ANAND India from its joint venture partner ANAND Group, securing full ownership of the brake systems manufacturer. The move is part of SAF-HOLLAND’s drive2030 growth strategy and aims … Read the full press release

Dürr’s EcoProBooth Wins PACE Pilot Award for Cutting-Edge Energy-Saving Paint Technology

(IN BRIEF) Dürr has won the 2025 Automotive News PACE Pilot Award for its EcoProBooth, a modular spray booth system designed to increase energy efficiency and streamline vehicle painting. With a 95% air recirculation rate and the ability to handle … Read the full press release

ABB to Spin Off Robotics Division as Standalone Company by 2026

(IN BRIEF) ABB has announced its intention to spin off its Robotics division as an independent company, with a targeted listing in Q2 2026. The spin-off will be executed via a dividend in-kind, allowing shareholders to receive shares in the … Read the full press release

PUMA Unleashes the Fast-R NITRO™ Elite 3, Its Fastest Running Shoe Yet

(IN BRIEF) PUMA has unveiled the Fast-R NITRO™ Elite 3, its fastest and lightest running shoe to date, launching ahead of the Boston Marathon. Backed by a biomechanics study from the University of Massachusetts Amherst, the shoe offers a 3.15% … Read the full press release

Salzgitter Mannesmann to Deliver Critical Pipes for Angola’s Luanda Water Supply Project

(IN BRIEF) Salzgitter Mannesmann International GmbH and CNT Bau have signed an agreement to supply large-diameter pipes for Angola’s Quilonga Grande water supply system, a critical project to address severe drinking water shortages in Luanda. With Luanda facing a 1.2 … Read the full press release

50Hertz Welcomes Christine Janssen as New CFO to Lead Financial Strategy Amid Energy Transition

(IN BRIEF) 50Hertz Transmission GmbH has appointed Christine Janssen as its new Chief Financial Officer, succeeding Marco Nix who became CFO of Elia Group earlier this month. Janssen brings deep expertise in finance, regulation, and energy systems from her previous … Read the full press release

IKEA Opens Gangdong Store in Seoul, Bringing Affordable Home Furnishings Closer to Urban Shoppers

(IN BRIEF) IKEA has opened its fifth South Korean store in Seoul’s Gangdong district, marking ten years of operation in the country. Located within the mixed-use Gangdong I-Park The River complex, IKEA Gangdong showcases 7,400 products, with over 3,700 available … Read the full press release

Woodside and Uniper Expand LNG Partnership with 2 Mtpa Deal Linked to Louisiana Project

(IN BRIEF) Uniper and Woodside have signed long-term LNG supply agreements totaling up to 2 Mtpa, with 1 Mtpa sourced from the upcoming Louisiana LNG project and up to 1 Mtpa from Woodside’s global portfolio. These deals aim to strengthen … Read the full press release

ASSA ABLOY Strengthens Access Control Portfolio with Acquisition of Pedestal PRO

(IN BRIEF) ASSA ABLOY has acquired Pedestal PRO, a Utah-based manufacturer of access control pedestals and mounting solutions, further expanding its presence in mature markets and enhancing its electromechanical portfolio. With around 50 employees and 2024 sales of approximately USD … Read the full press release

Logicor and Solo to Build 28,000 sqm Eco-Friendly Logistics Hub in Bràfim

(IN BRIEF) Logicor and Solo have launched construction on a Build-to-Suit logistics facility in Bràfim, Tarragona, aimed at boosting local employment and advancing sustainable logistics in Catalonia. Scheduled for completion in Q2 2026, the 28,000 sqm hub will serve as … Read the full press release

University of St.Gallen Researches How Tax Reform Could Cut Aviation Emissions

(IN BRIEF) A new research project at the University of St.Gallen, funded by the Swiss National Science Foundation, will investigate how changes in aviation taxation could help reduce greenhouse gas emissions in Switzerland. Running from 2025 to 2028, the study … Read the full press release