Category Archives: Investment

Investment Press Releases & News distributed via EuropaWire

KSB Expands Production of Eta Pumps in Germany Despite Lack of Government Funding

(IN BRIEF) KSB, a leading manufacturer of pumps and valves, has announced plans to expand the production of Eta pumps at its headquarters in Frankenthal, Germany, making it the center of excellence for the latest generation of electronically controlled pumps … Read the full press release

TotalEnergies and Vanguard Renewables Forge Joint Venture to Boost Renewable Natural Gas Projects Across the US

(IN BRIEF) TotalEnergies and Vanguard Renewables have established an equally owned joint venture to accelerate the development, construction, and operation of Farm Powered® renewable natural gas (RNG) projects in the United States. The agreement, signed in New York, marks a … Read the full press release

TotalEnergies Expands Portfolio Through Strategic Asset Swaps with Trident Energy

(IN BRIEF) TotalEnergies EP Congo, an 85%-owned affiliate of TotalEnergies, has inked a deal with Trident Energy, involving the acquisition of an additional 10% interest in the Moho license and the sale of its 53.5% interest in the Nkossa and … Read the full press release

SFC Energy Collaborates with ConnectCom Sarl to Provide Customized Emergency Power Solutions

(IN BRIEF) SFC Energy AG, a leading supplier of hydrogen and methanol fuel cells, has partnered with ConnectCom Sarl to develop a customized emergency power solution. The collaboration involves supplying stationary EFOY H₂Cabinet X series units and utilizing the H₂Genset … Read the full press release

Hexagon Strengthens Construction Safety Solutions with Xwatch Acquisition

(IN BRIEF) Hexagon, a global leader in digital reality solutions, has announced the acquisition of Xwatch Safety Solutions, a provider of machine control hardware and software technologies for enhancing safety protocols on construction sites. Xwatch’s solutions, including height control and … Read the full press release

Vodafone and Google Partner to Streamline Cloud Connectivity for Businesses

(IN BRIEF) Vodafone has announced a collaboration with Google aimed at simplifying cloud connectivity for businesses. This partnership involves the creation of one of the largest cloud-based software-defined wide area networks (SD-WANs) globally, providing customers with a virtual overlay on … Read the full press release

NASA’s CloudSat Satellite Concludes 17-Year Mission Enhancing Weather Predictions

(IN BRIEF) After over 17 years in orbit, NASA’s CloudSat satellite, constructed by BAE Systems, has concluded its mission, providing crucial data on cloud profiles and properties to improve weather prediction models. Launched in 2006, CloudSat was part of a … Read the full press release

Eni’s Q1 2024 Results Show Accelerated Growth and Strategic Portfolio Transformation

(IN BRIEF) Eni’s Board of Directors, under the leadership of Giuseppe Zafarana, approved the unaudited consolidated results for Q1 2024, showcasing an accelerated transformation of the company’s portfolio. CEO Claudio Descalzi highlighted key achievements, including the acquisition of Neptune Energy … Read the full press release

Volkswagen’s Elli and EnerKíte Introduce Game-Changing Energy-Autonomous EV Charging Solution

(IN BRIEF) At the Hannover Messe, Volkswagen Group’s subsidiary Elli, in collaboration with airborne wind turbine manufacturer EnerKíte and the Technical University of Braunschweig, unveils a pioneering research project with potential to revolutionize electric vehicle charging. The project harnesses high-altitude … Read the full press release

European Investment Fund Boosts Berlin SME Financing with €24.5 Million Guarantee

(IN BRIEF) Investitionsbank Berlin (IBB) is expanding its support for small and medium-sized enterprises (SMEs) in Berlin through a €24.5 million counter-guarantee provided by the European Investment Fund (EIF). This backing, facilitated by the InvestEU programme, allows IBB to enhance … Read the full press release

JT Group Leads the Charge Against Financial Fraud with Vodafone’s Scam Signal

(IN BRIEF) JT Group Limited has emerged as the first Channel Partner to offer Vodafone’s Scam Signal, a groundbreaking service designed to fortify fraud defenses for financial institutions. Developed by Vodafone Carrier Services, Scam Signal aims to combat impersonation scams, … Read the full press release

DHL Freight Deploys Fully Electric Mercedes-Benz eActros 300 Trucks for Sustainable Transport

(IN BRIEF) DHL Freight has introduced its first fully electric heavy tractor-trailers, Mercedes-Benz eActros 300, in Germany, marking a significant step towards reducing greenhouse gas emissions in delivery and distribution transport. Deployed at the Koblenz and Hagen sites, these vehicles … Read the full press release

ANDRITZ to Rebuild OCC Lines for PT. Pakerin in Indonesia

(IN BRIEF) International technology group ANDRITZ has secured an order from PT. Pabrik Kertas Indonesia (PT. Pakerin) to revamp two existing OCC lines at its mill in Surabaya, Indonesia. The overhaul aims to significantly enhance pulp quality, boosting competitiveness, operational … Read the full press release

Outokumpu to Host Webcast Following Release of Q1 2024 Interim Report

(IN BRIEF) Outokumpu has announced the publication of its interim report for January–March 2024 on May 7, 2024, at approximately 9:00 am EEST. Following the report’s release, a live webcast and conference call will be conducted at 3:00 pm EEST, … Read the full press release

Vattenfall and BASF Strengthen Renewable Energy Partnership with Nordlicht Wind Farm Deal

(IN BRIEF) Vattenfall and BASF have finalized an agreement for the sale of 49 percent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF, deepening their collaboration in renewable energy. Nordlicht, Vattenfall’s largest offshore wind project to date, is … Read the full press release

Rolls-Royce Awarded Contract by NASA for Space-Based Nuclear Microreactor Project

(IN BRIEF) Rolls-Royce has secured a $1 million contract from NASA’s Glenn Research Center to develop an Advanced Closed Brayton Cycle converter for next-generation space-based nuclear microreactors. Over a 12-month period, Rolls-Royce LibertyWorks will design a closed-cycle Brayton power conversion … Read the full press release

Carbon-Neutral Cement: Groundbreaking for Innovative Plant in Lägerdorf

(IN BRIEF) A groundbreaking ceremony in Lägerdorf, Schleswig-Holstein, marked the official start of construction for one of the world’s first carbon-neutral cement plants. Notable attendees included Dr. Robert Habeck, Vice Chancellor and Federal Minister for Economic Affairs and Climate Protection, … Read the full press release

Iberdrola Launches Shareholder Month: A Virtual Space for Investor Engagement

(IN BRIEF) Iberdrola, a leading European electricity company, inaugurates Shareholder Month, an event that includes the 2024 General Shareholders’ Meeting, emphasizing investor engagement. The virtual space, featuring thematic rooms, aims to inform and involve shareholders in discussions covering environmental, social, … Read the full press release

Kuehne+Nagel Group Sees Q1 Earnings Dip Amid Strategic Measures

(IN BRIEF) In the first quarter of 2024, Kuehne+Nagel Group reported a decline in earnings compared to the previous year, citing intensified cost measures amidst a challenging business environment. Despite a slight improvement in demand for transportation services, the company’s … Read the full press release

Covestro and Chaoyang University of Technology Join Forces for Environmental Education

(IN BRIEF) In a significant collaboration for Earth Day 2024, Covestro Taiwan and Chaoyang University of Technology have signed a Corporate Social Responsibility (CSR) plus University Social Responsibility (USR) MOU. This partnership expands their existing cooperation to develop an environmental … Read the full press release