Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

ALAT Cargo Airport to Become Key Multimodal Hub in Eurasia with Advanced Indra Air Navigation Systems

(IN BRIEF) A strategic agreement was signed at Passenger Terminal Expo 2025 between CJSC “Azerbaijan Airlines” and Indra to equip the new ALAT Cargo Airport in the Alat Free Economic Zone with advanced air navigation systems. This initiative is an … Read the full press release

Evonik Launches TEGO® Wet 288: A High-Performance, Food-Contact Compliant Wetting Additive for Waterborne and UV-Cured Inks

(IN BRIEF) Evonik Coating Additives has launched TEGO® Wet 288, a breakthrough substrate wetting additive designed specifically for waterborne inkjet inks and radiation-cured formulations. TEGO® Wet 288 distinguishes itself by maintaining low surface tension and long-term stability in high pH … Read the full press release

Authoritarian Regimes Forge Strategic Alliances to Expand Internet Infrastructure Without Sacrificing Control

(IN BRIEF) Prof. Dr. Tina Freyburg’s study, published by IPW-HSG, explores the dilemma faced by authoritarian regimes in expanding internet infrastructure while preventing its use as a tool for dissent. The research demonstrates that these regimes often secure FDI in … Read the full press release

Scania Acquires Northvolt Systems Industrial Division to Enhance Battery Solutions and Accelerate Off‑Road Electrification

(IN BRIEF) Scania has completed its acquisition of the Industrial Division of Northvolt Systems, which enhances its electrification solutions for off‑road applications. The deal, involving the takeover of production assets, an R&D center, and around 260 employees in Gdańsk, Poland, … Read the full press release

Arkema Transforms European Acrylic Thickener Production with Up to 30 Percent Bio-Based Content and 25 Percent Carbon Footprint Reduction

(IN BRIEF) Arkema has announced a comprehensive conversion of its European acrylic thickener product line to now include bio-based components. The new formulations boast up to 30% bio-based content and a product carbon footprint reduction of up to 25% compared … Read the full press release

BP Provides Q1 2025 Guidance Amid Mixed Upstream Performance and Shifting Trading Conditions

(IN BRIEF) BP p.l.c. has issued a Trading Statement outlining its current estimates and expectations for the first quarter of 2025, with insights into the economic environment and group performance. The statement clarifies that while it provides key guidance, it … Read the full press release

Hexagon Reports Weaker Than Expected March Performance as Sensor Sales and Currency Effects Impact EBIT1 Margins

(IN BRIEF) Hexagon has reported a disappointing financial performance in March 2025, a critical month for the quarter, despite a good overall start to the year. Sales in key markets such as NAFTA and China experienced a slowdown in the … Read the full press release

Orange Unveils Eco‑Friendly Wi‑Fi 7 Livebox 7 and Livebox S Offering Ultra‑Fast Fiber Connectivity and Enhanced TV Features

(IN BRIEF) Orange is introducing two new Wi‑Fi 7 Livebox models—the premium New Livebox 7 and the mid‑range Livebox S—to boost both internet connectivity and TV services. The New Livebox 7 is designed for ultra‑fast performance, offering speeds up to … Read the full press release

EIB Finalizes €160 Million Tranche to Complete Strategic Hospital Project in A Coruña with Broad Regional Impact

(IN BRIEF) The second and final portion of a €450 million loan provided by the European Investment Bank has been approved to finish the construction of the new university hospital in A Coruña, Spain. With a tranche valued at €160 … Read the full press release

European Investment Bank Unveils US$100 Million Boost to AXIAN Telecom for Expanding 4G and 5G Networks in Tanzania and Madagascar

(IN BRIEF) The European Union, through its Global Gateway strategy, is set to expand mobile broadband connectivity in Madagascar and Tanzania. A financing package of US$100 million from the European Investment Bank will be provided to AXIAN Telecom, with US$60 … Read the full press release

Daimler Coaches North America Breaks Ground on New 43,700 Sq. Ft. Delivery and Service Center in Jacksonville to Enhance Customer Support and Market Growth

(IN BRIEF) Daimler Coaches North America has started construction on a new 43,700-square-foot delivery and service center in Jacksonville, Florida, to support its expanding operations in North America. The facility, which will be built on an 11.9-acre site with over … Read the full press release

Nagarro and Advantech Forge Global Partnership to Develop Next-Generation Edge AI and Industrial IoT Solutions for Worldwide Market Expansion

(IN BRIEF) Nagarro and Advantech have entered into a global strategic partnership to co-develop advanced Edge AI platforms and intelligent IoT solutions. This collaboration leverages Advantech’s extensive experience in industrial-grade hardware and its worldwide support network, alongside Nagarro’s proficiency in … Read the full press release

Nordex Group Q1 Performance Surges to 2.2 GW with Increased ASP and Strong Orders from Türkiye, Germany, and Finland as 337 Turbines Are Booked Across 10 Countries

(IN BRIEF) The Nordex Group reported a 5 percent year-on-year increase in order intake for Q1 2025, reaching 2,182 MW in its Projects segment (excluding the Service business), up from 2,086 MW in Q1 2024. In addition, the average sales … Read the full press release

Bilfinger Unveils New Global Brand Identity and Slogan to Enhance Efficiency and Sustainability for the Process Industry and Drive Mid-Term Growth

(IN BRIEF) Bilfinger has unveiled a comprehensive rebranding initiative designed to reinforce its role as the top industrial services partner for the process industry. The initiative introduces the new slogan “Your Performance Is Our Business” along with a modernized corporate … Read the full press release

GEA Launches Varipond C to Revolutionize Centrifuge Separation with 30% Energy Savings and Enhanced Process Flexibility Across Multiple Industries

(IN BRIEF) GEA’s new Varipond C is a breakthrough solution for decanter centrifuges that offers simple, rapid, and precise adjustment of the separation zone and pond depth. This technology is designed to consistently deliver high product yields and quality in … Read the full press release

Salt Bank Reaches 500,000 Customers in Its First Year as Romania’s Pioneering Digital Bank, Powered by Engine by Starling and GFT

(IN BRIEF) Salt Bank, launched as Romania’s first digital bank in April 2024, has quickly captured the market, reaching 500,000 customers in just one year. Developed in only 12 months by teams from Salt, Engine by Starling, and GFT, the … Read the full press release

Equinor Unveils New Power Business Area and Appoints Helge Haugane as EVP to Propel Sustainable Growth and Reliability in Global Energy Markets

(IN BRIEF) Equinor has established a new Power business area by integrating its renewable energy assets with flexible power solutions from its MMP division. This strategic initiative is aimed at addressing the growing global demand for electricity fueled by increased … Read the full press release

Hexagon’s Next-Generation Public Safety Platform Empowers Sunnyvale to Modernize Emergency Dispatch and Enhance Response Capabilities for Future Growth

(IN BRIEF) Sunnyvale, California has adopted Hexagon’s advanced public safety platform to upgrade its emergency dispatch capabilities. The implementation includes the integration of HxGN OnCall Dispatch and mobile field applications to improve response times and provide detailed situational awareness to … Read the full press release

SUEZ and CNRS Forge Five-Year Research Partnership to Develop Innovative Circular and Decarbonisation Solutions for Sustainable Resource Management and Environmental Impact Reduction

(IN BRIEF) SUEZ and the CNRS have signed a comprehensive five-year framework agreement that will merge their R&D efforts to develop innovative, sustainable solutions for resource management and decarbonisation technologies. Announced during the 3rd SUEZ Innovation Day, the partnership will … Read the full press release

ENERCON and RWE Forge Long-Term Partnership to Propel Onshore Wind Projects Across Europe and Strengthen Supply Chain Reliability

(IN BRIEF) At a recent WindEurope conference in Copenhagen, ENERCON and RWE signed a Memorandum of Understanding that sets out a long-term, multi-year collaboration to jointly develop onshore wind projects across Europe. This MoU establishes ENERCON’s role in supplying, installing, … Read the full press release