Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Franco-German Defense Industry Reaches Key Milestone with Establishment of MGCS Project Company

(IN BRIEF) The Franco-German MGCS defense initiative has progressed with the official founding of the MGCS Project Company GmbH, a joint industrial entity formed by KNDS Deutschland, KNDS France, Rheinmetall Landsysteme, and Thales. Based in Cologne and led by Stefan … Read the full press release

E-Methane Emerges as Key Player in Energy Transition, Says Study Commissioned by GasTerra and Gasunie

(IN BRIEF) A new study by Roland Berger, commissioned by GasTerra and Gasunie, highlights the potential of e-methane as a viable and infrastructure-ready solution to support the Netherlands’ energy transition. Produced from green hydrogen and CO₂, e-methane can be fed … Read the full press release

Garanti BBVA Advances Digital Banking with Generative AI Upgrade to Smart Assistant Ugi

(IN BRIEF) Garanti BBVA has enhanced its mobile smart assistant Ugi with generative AI technology, enabling more natural, context-aware, and personalized interactions for customers. Ugi now supports a broader range of banking services, anticipates user needs, and continues to evolve … Read the full press release

Scania Unveils Three-Axle Electric Bus Chassis to Expand E-Mobility into Intercity and Suburban Routes

(IN BRIEF) Scania has launched a new 6×2*4 battery-electric bus chassis variant, expanding its e-mobility platform to support city, suburban, and short intercity routes. Featuring an upgraded e-machine, rear axle system, and charging options, the three-axle design offers increased capacity, … Read the full press release

Snam Overhauls Sustainable Financing Framework with Green and ESG-Linked Pillars

(IN BRIEF) Snam has introduced a revamped Sustainable Financing Framework built around two strategic pillars—Green Financing and Sustainability-Linked Financing. The Green pillar focuses on EU Taxonomy-aligned investments like pipeline retrofits, while the Sustainability-Linked pillar ties funding costs to ESG performance … Read the full press release

Valio Considers Relocating Kauhava Plant Operations to Boost Efficiency

(IN BRIEF) Valio has announced plans to potentially close its Kauhava factory, acquired from Raisio in March 2025, and relocate production to either its Oulu or Joensuu sites to enhance efficiency and profitability. The company has initiated change negotiations involving … Read the full press release

ICM Solutions Acquires Compass Equipment, Expanding Metso’s U.S. Distribution Footprint

(IN BRIEF) Metso has announced a realignment of its U.S. distributor network through the acquisition of Compass Equipment by ICM Solutions. This strategic move expands ICM’s authorized sales and service territory for Metso to include Northern California and all of … Read the full press release

CACEIS Appointed as Depositary for Vesper Infrastructure Partners’ Debut Fund

(IN BRIEF) CACEIS has been appointed to provide depositary and banking services for Vesper Infrastructure Partners’ inaugural fund, Vesper Next Generation Infrastructure Fund I SCSp, which is targeting €800 million and currently has €600 million in assets under management. Vesper, … Read the full press release

M&S Cuts 5.5 Million Plastic Units with New Paper Packaging for Men’s Essentials

(IN BRIEF) Marks & Spencer has transitioned to recyclable paper packaging across its men’s socks, woven pyjama sets, and nearly 40% of its underwear lines, eliminating around 5.5 million plastic units annually from its Clothing & Home business. The move … Read the full press release

Heidelberg Materials Acquires Midway Concrete to Expand Sustainable Concrete Supply in Australia

(IN BRIEF) Heidelberg Materials has announced the acquisition of the ready-mixed concrete operations of Midway Concrete, a family-run company operating four plants in the Melbourne and Geelong areas. This move strengthens Heidelberg Materials’ integrated operations in Australia and extends its … Read the full press release

Stadler to Deliver Eight Hybrid Trains for Chemins de fer de Provence’s Greener Future

(IN BRIEF) Stadler will supply eight hybrid battery-diesel multiple units to Chemins de fer de Provence under a contract with Région Sud, aiming to replace CP’s aging diesel fleet with more sustainable and efficient trains. Running between Nice and Digne-les-Bains, … Read the full press release

CCRM Nordic and AFRY Join Forces to Launch Sweden’s Next-Gen ATMP Production Facility

(IN BRIEF) CCRM Nordic is building a new ATMP production facility in GoCo Health Innovation City, Sweden, to support the development of next-generation gene, cell, and tissue-based therapies. AFRY will serve as engineering partner and project manager, leading the design, … Read the full press release

University of Liverpool and Sustainable Ventures Launch Climate Tech Accelerator to Scale Innovative Spinouts

(IN BRIEF) The University of Liverpool and Sustainable Ventures have teamed up to launch the Sustainable Futures Accelerator, a two-month programme supporting four innovative climate tech spinouts. Designed to refine business models and connect founders with investors and industry leaders, … Read the full press release

Swisscom Crowned Best Mobile Network in Switzerland for 10th Consecutive Year by CHIP Magazine

(IN BRIEF) Swisscom has been named the best mobile network in Switzerland by CHIP magazine for the tenth year in a row, scoring highest across all categories including mobile Internet, telephony, 5G availability, and long-distance train coverage. The award confirms … Read the full press release

KUKA Launches iiQKA.OS2: A Future-Ready, AI-Capable Operating System for Seamless Robot Control and Simulation

(IN BRIEF) KUKA has launched iiQKA.OS2, a new AI-ready, web-based robot operating system designed to streamline industrial automation. It features full simulation capabilities, support for personal devices, compatibility with multiple kinematics, and future-proof standards such as ISO 10218:2025 readiness and … Read the full press release

Lloyds Tracker Shows Real Estate Rebound Drives Modest UK Sector Growth in March

(IN BRIEF) UK economic activity remained steady in March with four out of fourteen sectors reporting output growth, the same as February, according to Lloyds Bank’s UK Sector Tracker. Real estate services saw their first expansion of 2024, spurred by … Read the full press release

Outokumpu Executes Convertible Bond Conversion and Offsets With Treasury Share Cancellation

(IN BRIEF) Outokumpu is converting EUR 2.5 million of its outstanding convertible bond into 941,832 new shares and simultaneously canceling an equal number of treasury shares to keep its total share count unchanged. Following the transaction, the company will retain … Read the full press release

ANDRITZ to Deliver State-of-the-Art Feed Mill for Alwadi Poultry Farms in Saudi Arabia

(IN BRIEF) ANDRITZ has been awarded a contract by Alwadi Poultry Farms Company to deliver a complete high-capacity feed mill in Riyadh Province, Saudi Arabia. Scheduled to open in 2026, the plant will produce 90 TPH of poultry and ruminant … Read the full press release

Boehringer Ingelheim and Cue Biopharma Forge Strategic Partnership to Advance Targeted Autoimmune Therapy

(IN BRIEF) Boehringer Ingelheim has entered into a multi-year collaboration with Cue Biopharma to develop and commercialize CUE-501, a first-in-class bispecific compound designed to selectively deplete harmful B cells in autoimmune diseases. The innovative therapy uses Cue’s Immuno-STAT™ platform to … Read the full press release

University of Glasgow Joins Global Call to Rethink Architecture That Neglects Human Emotion

(IN BRIEF) The University of Glasgow joined forces with global leaders in neuroscience, arts, urban planning, and public health at the first Humanise Summit in London to declare that uninspired architecture is detrimental to human wellbeing. Led by Professor Rebecca … Read the full press release