Category Archives: Investment

Investment Press Releases & News distributed via EuropaWire

Continental Advances Sustainability in Automotive Aftermarket with New Eco-Friendly Products

(IN BRIEF) At Automechanika 2024, Continental unveiled new sustainable products, including the CONTI NXT Multi V-belt, made from nearly two-thirds recycled and renewable materials, and the ATE New Original brake line for electric vehicles. These innovations aim to reduce environmental … Read the full press release

Oban Welcomes Leading Marine Scientists for Challenger Society Conference 2024

(IN BRIEF) Oban, Scotland, hosted the 2024 Challenger Society Conference, bringing together 267 marine scientists to discuss pressing global issues like climate change, biodiversity loss, and ocean education. The event, praised for both its scientific discussions and local hospitality, included … Read the full press release

Schroders Appoints Richard Oldfield as New Group CEO, Succeeding Peter Harrison

(IN BRIEF) Schroders plc has named Richard Oldfield as its next Group Chief Executive, effective November 8, 2024, pending regulatory approval. Oldfield, who joined Schroders in 2023 as CFO after a 30-year career at PwC, will succeed Peter Harrison, who … Read the full press release

Evonik Supplies Eco-Friendly Hydrogen Peroxide to Support Steinbeis Papier’s Sustainability Goals

(IN BRIEF) Evonik has partnered with Steinbeis Papier to supply carbon-neutral hydrogen peroxide for recycled paper production, reducing Steinbeis’ Scope 3 emissions. This collaboration aligns with both companies’ sustainability goals, with Steinbeis reinforcing its “ReThinking Paper” strategy. Evonik’s hydrogen peroxide … Read the full press release

DNV Launches New Climate Risk Service to Protect Solar Projects from Hail Damage

(IN BRIEF) DNV has launched a new service in partnership with Jupiter Intelligence to help solar photovoltaic (PV) developers assess the growing hail risk caused by climate change. The service provides data on hailstorm probability and size for specific locations … Read the full press release

Maersk and Hapag-Lloyd Announce Details of Gemini Cooperation, Offering Flexible Ocean Network Options

(IN BRIEF) Maersk and Hapag-Lloyd have unveiled more details about their joint ocean network, Gemini Cooperation, set to launch in February 2025. The collaboration will provide two flexible network options, aiming for over 90% schedule reliability. In response to Red … Read the full press release

ASSA ABLOY Expands Digital Portfolio with Acquisition of Smart Lock Company Level Lock

(IN BRIEF) ASSA ABLOY has acquired smart lock company Level Lock, based in Redwood City, California, to strengthen its digital access solutions in the Americas. Level Lock, founded in 2016, has 70 employees and reported $16 million in sales in … Read the full press release

Aurubis and Talga Partner to Pioneer Sustainable Graphite Recycling for European Battery Industry

(IN BRIEF) Aurubis AG and Talga Group Ltd have partnered to develop a new process for producing recycled battery-grade graphite. The collaboration combines Aurubis’ advanced recycling methods and Talga’s innovative anode production technologies to create a sustainable, circular solution for … Read the full press release

Ukrainian Lighting Company Pikart Boosts Efficiency with EBRD Support Amid War

(IN BRIEF) Pikart Lights, a Ukrainian lighting company based in Lviv, has overcome the challenges of Russia’s invasion with support from the European Bank for Reconstruction and Development (EBRD) and the EU. The company’s investment in new moulding technology has … Read the full press release

Astor Asset Management 3 Ltd Inicia Investigación de Demanda Colectiva Contra Ricardo Benjamín Salinas Pliego de Grupo ELEKTRA por Manipulación de Acciones y Fraude en Valores

(NOTICIA EN BREVE) Astor Asset Management 3 Ltd, en colaboración con su equipo legal, está formando un grupo de inversores para presentar una demanda colectiva contra Ricardo Salinas Pliego y Grupo Elektra, S.A.B. de C.V. La demanda acusa al Sr. … Read the full press release

CNP Vita Assicura Awards €15.6 Billion Asset Management Mandate to Ostrum AM

(IN BRIEF) CNP Vita Assicura, a subsidiary of CNP Assurances, has entrusted Ostrum Asset Management with a €15.6 billion asset management mandate following a competitive tender. The partnership covers fixed income, equities, and multi-asset investments, along with risk management services … Read the full press release

Jørgen Vig Knudstorp Steps Down from KIRKBI, Shifts Focus to Education Initiatives

(IN BRIEF) Jørgen Vig Knudstorp, after over 20 years of leadership at LEGO and KIRKBI, will step down from his executive role by the end of 2024. He will transition into a non-executive role, focusing on children’s education initiatives through … Read the full press release

ECJ Confirms Google’s Anti-Competitive Practices, Idealo Hails Victory for Fair E-Commerce

(IN BRIEF) The European Court of Justice (ECJ) upheld the European Commission’s decision that Google abused its dominant market position by favoring its own shopping service, misleading consumers, and harming competition. idealo, a price comparison platform, welcomed the ruling as … Read the full press release

Colas Secures €77 Million Contract to Modernize Key Railway Line in Czech Republic

(IN BRIEF) Colas CZ and Colas Rail have secured a €77 million contract to modernize an 8-kilometer railway line in Northern Bohemia, Czech Republic. The project, which will begin in September 2024 and finish in 2027, involves upgrading tracks, signaling … Read the full press release

Sainsbury’s Partners with SAP, Accenture, and AWS to Modernize Commercial Systems and Enhance Customer Experience

(IN BRIEF) Sainsbury’s has partnered with SAP, Accenture, and AWS to modernize its commercial systems as part of its “Next Level Sainsbury’s” strategy. The project will enhance agility, reduce technology costs, and simplify internal systems by moving to cloud-based solutions. … Read the full press release

DB Schenker, Trailer Dynamics, and CATL Collaborate on Battery Swapping Technology for Electric Trailers in Europe

(IN BRIEF) DB Schenker, Trailer Dynamics, and CATL have partnered to explore the feasibility of Battery Swapping Technology (BST) for electric trailers in Europe. The project aims to reduce vehicle downtime and enhance efficiency with battery swaps taking just five … Read the full press release

Ahold Delhaize Repurchased 250,000 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize repurchased 250,000 shares between September 2 and September 6, 2024, at an average price of €31.22 per share, totaling €7.8 million. This is part of the company’s €1 billion share buyback program, which has repurchased a … Read the full press release

Software AG Boosts Sustainability Performance by 30%, Earns Bronze in EcoVadis 2024 Assessment

(IN BRIEF) Software AG has improved its sustainability performance by 30% in the 2024 EcoVadis assessment, earning a bronze medal with a score of 63. The company achieved notable progress in the areas of Environment, Labor & Human Rights, and … Read the full press release

Hella Gutmann Launches macsLive Telematics Platform for Real-Time Multi-Brand Vehicle Diagnostics

(IN BRIEF) Hella Gutmann, in partnership with Munic S.A., has launched macsLive, a cloud-based telematics platform that provides real-time diagnostics for multi-brand vehicles. By continuously monitoring vehicle data, macsLive enables fleet operators, workshops, and breakdown services to make informed decisions … Read the full press release

Hella Gutmann Introduces Scalable Diagnostic Software Solution with Mega Macs S 20 for Workshops

(IN BRIEF) Hella Gutmann has launched the mega macs S 20, an affordable and flexible diagnostic software for workshops. The software runs on Android devices and communicates with vehicle systems through the HG-VCI S 20 hardware. It supports modern protocols … Read the full press release