Category Archives: Investment

Investment Press Releases & News distributed via EuropaWire

Outokumpu Oyj repurchased 2,744 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, concluded its share buyback program initiated in November 2023, purchasing a total of 2,744 shares across trading venues. The company had authorized a maximum buyback of 11 million shares with a budget … Read the full press release

EIF and BT Microfinantare IFN Expand InvestEU Microfinance Guarantee for Romanian Entrepreneurs

(IN BRIEF) The European Investment Fund (EIF) and BT Microfinantare IFN (BT Mic) have reinforced their commitment to the InvestEU Microfinance, Social and Skills Guarantee Product, aiming to provide financial support to 10,000 microenterprises across various sectors, including agriculture, in … Read the full press release

EBRD and Shinhan Bank Kazakhstan Finance Expansion of Atakent Business Hub in Almaty

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) collaborates with Shinhan Bank Kazakhstan (SBK) to support the expansion of Kazakhstan’s prominent conference hub, the Atakent Business Cooperation Centre in Almaty. Through a KZT 3 billion (US$ 6.6 million) … Read the full press release

EIB Global Supports Vlašić Wind Farm with €36 Million Loan as Part of Green Transition in Bosnia and Herzegovina

(IN BRIEF) The European Investment Bank (EIB) Global has pledged €36 million for the construction of the Vlašić wind farm in Bosnia and Herzegovina, supplementing the €21 million EU grant. Expected to generate 115 GWh/year of electricity and displace 140,000 … Read the full press release

Rheinmetall to Establish Ammunition Plant in Ukraine, Strengthening Defense Partnership

(IN BRIEF) Europe’s leading ammunition manufacturer, Rheinmetall, has announced plans to open a new plant in Ukraine through a joint venture with a local partner, aiming to produce a significant quantity of 155mm caliber bullets annually. The memorandum of understanding, … Read the full press release

thyssenkrupp Steel Partners with RWE to Power Direct Reduction Plant with Green Electricity

(IN BRIEF) thyssenkrupp Steel and RWE have entered into a significant long-term Power Purchase Agreement (PPA) to supply green electricity to the first direct reduction plant at the Duisburg location, marking a pivotal step in the tkH2Steel transformation project. The … Read the full press release

INEOS Inovyn Partners with PerPetum Energy & Green4Power to Build Belgium’s Largest Solar Farm

(IN BRIEF) INEOS Inovyn, in collaboration with PerPetum Energy and Green4Power, is constructing one of Belgium’s largest solar farms at its Jemeppe site, with a capacity of 60MW. Scheduled to be operational by July 2024, the solar farm will exclusively … Read the full press release

Siemens Unveils Innovative Solutions for Sustainable Building Technology at MCE 2024

(IN BRIEF) Siemens Smart Infrastructure will showcase its innovative and sustainable heating, cooling, and ventilation solutions at the Mostra Convegno Expocomfort (MCE) trade show in Milan from March 12 to 15. Among the highlights is the MVL702 magnetic expansion valve, … Read the full press release

Telefónica Unveils New Open Innovation Strategy at 4YFN Event

(IN BRIEF) Telefónica announces its new open innovation strategy at the ‘Four years from now’ (4YFN) event, coinciding with the Mobile World Congress in Barcelona. Wayra, the company’s primary open innovation initiative, will evolve to encompass all startup investment initiatives … Read the full press release

Vodafone Business and vcita Partner to Empower SMEs with Productivity App

(IN BRIEF) Vodafone Business collaborates with vcita, a leading business management software provider, to introduce the Vodafone Business Management tool with vcita. Aimed at small and medium-sized enterprises (SMEs), the app offers an affordable and secure solution to enhance productivity, … Read the full press release

T-Systems Unveils Tailored AI Strategy Consulting Packages for Companies

(IN BRIEF) T-Systems, through its advisory subsidiary Detecon, introduces AI strategy consulting services available in three formats—S, M, or L—tailored to the maturity level of companies. These offerings, part of the “Rethink the System” campaign, facilitate companies’ AI journey by … Read the full press release

Deutsche Telekom Showcases “Connecting your world” Promise at MWC 2024 with AI Premiere and Soccer Excitement

(IN BRIEF) Deutsche Telekom’s presence at Mobile World Congress (MWC) 2024 revolves around its brand claim “Connecting your world,” emphasizing innovation, entertainment, and brand immersion. At the heart of their exhibit is “Telekom Super Soccer,” an interactive 3D LED installation … Read the full press release

T-Systems Expands Cloud Footprint with Twin Data Centers in Catalonia

(IN BRIEF) T-Systems has inaugurated a new private cloud region in Southern Europe, anchored in Barcelona with twin data centers in Sant Boi and Cerdanyola del Vallès. This expansion of the Future Cloud Infrastructure (FCI) platform strengthens Deutsche Telekom Group’s … Read the full press release

RWE Inks Major Power Purchase Agreements with German Industrial Giants

(IN BRIEF) RWE Supply & Trading has finalized Power Purchase Agreements (PPAs) with seven prominent German industrial customers, securing the supply of approximately 1,000 gigawatt hours per year of green electricity from its Kaskasi offshore wind farm starting in 2026. … Read the full press release

Koelnmesse Accelerates Climate Neutrality Goal with Innovative Energy Partnership

(IN BRIEF) Koelnmesse, one of the world’s largest city-centre trade fair sites, is advancing its sustainability agenda by committing to achieve climate neutrality by 2030, five years ahead of schedule. Through a groundbreaking energy partnership with E.ON and RheinEnergie, Koelnmesse … Read the full press release

Nordic Investment Bank Partners with Kemira Oyj to Boost Green Chemistry Innovation

(IN BRIEF) The Nordic Investment Bank (NIB) has inked a EUR 50 million loan agreement with Kemira Oyj, a Finnish chemicals company, to fund Kemira’s research and development endeavors from 2023 to 2026 in Espoo, Finland. The loan, spanning over … Read the full press release

Korea Development Bank Returns to Luxembourg Stock Exchange with $3 Billion Bond Offering

Akzo Nobel N.V. issues €750 million bond on Luxembourg Stock Exchange

(IN BRIEF) Korea Development Bank (KDB) made a significant return to the Luxembourg Stock Exchange (LuxSE) after 20 years with a dual-tranche bond offering totaling USD 3 billion. This move highlights the increasing collaboration between South Korean and European capital … Read the full press release

De Grey Mining Awards Metso Orders for Key Equipment at Hemi Gold Project

(IN BRIEF) De Grey Mining Limited has contracted Metso to supply crucial equipment, including a Superior™ MKIII 50-65 primary gyratory crusher and two 14MW Premier™ ball mills, for its Hemi Gold Project in Western Australia’s Pilbara region. With a combined … Read the full press release

AstraZeneca and Daiichi Sankyo’s Datopotamab Deruxtecan Moves Closer to Approval for Advanced NSCLC Treatment

(IN BRIEF) AstraZeneca and Daiichi Sankyo’s Biologics License Application (BLA) for datopotamab deruxtecan (Dato-DXd) has been accepted by the FDA for the treatment of locally advanced or metastatic nonsquamous non-small cell lung cancer (NSCLC) in patients who have undergone prior … Read the full press release

AstraZeneca’s Tagrisso Shows Promise in Phase III LAURA Trial for EGFR-Mutated Lung Cancer

(IN BRIEF) AstraZeneca’s Tagrisso (osimertinib) demonstrates significant improvement in progression-free survival (PFS) for patients with unresectable, Stage III EGFR-mutated non-small cell lung cancer (NSCLC) after chemoradiotherapy (CRT) in the LAURA Phase III trial. The trial, led by Dr. Suresh Ramalingam, … Read the full press release