(IN BRIEF) Equinor and bp have jointly decided to terminate the Offshore Wind Renewable Energy Certificate (OREC) Agreement for the Empire Wind 2 project, an offshore wind endeavor in the US capable of generating 1,260 MW of power. The move … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, United Kingdom
Tagged BP, economic challenges, Empire Wind 2, Equinor, Joshua Weinstein, Molly Morris, NYSERDA, OREC Agreement, partnership, Termination
(IN BRIEF) Enel S.p.A. has announced the purchase of 186,000 treasury shares between December 27th and 29th, 2023, on the Euronext Milan market, at an average price of 6.7302 euros per share, amounting to 1,251,825.900 euros. This transaction is part … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News
Tagged acquisition, Enel, Financial, investment, Share Buyback Program, treasury shares
(IN BRIEF) QuantumScape, a U.S. technology company specializing in solid-state batteries, has achieved a significant breakthrough in battery development, as confirmed by PowerCo. Their solid-state cell has surpassed expectations by successfully completing over 1,000 charging cycles while retaining 95% of … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged battery, electric vehicle, Frank Blome, Jagdeep Singh, partnership, PowerCo, QuantumScape, sustainability, technology, USA, Volkswagen
(IN BRIEF) The European Investment Bank (EIB) has partnered with Kristera AD, a subsidiary of Agria Group Holding, to provide a €35 million loan for the construction of a new sunflower oil processing plant in northern Bulgaria and the acquisition … Read the full press release
Posted in Banks, Bulgaria, Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged Agria Group Holding, Bulgaria, EIB, Emil Raykov, Kristera AD, Kyriacos Kakouris, partnership, Sunflower Oil Plant, sustainability, sustainable transport
(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, is taking steps to reduce its carbon footprint and enhance energy self-sufficiency. The company has invested further in the Rajakiiri wind farm in Tornio, Finland, increasing its ownership to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Investment, Metals and Minerals
Tagged ferrochrome, Finland, Outokumpu, Outokumpu EvoEnergy, Rajakiiri wind farm, renewable energy, solar power plants, stainless operations, Stainless Steel, sustainable stainless steel, Tony Lindström, Tornio, wind farm, wind turbines
(IN BRIEF) Outokumpu, a prominent global stainless steel producer, has successfully completed its share repurchase program, which began on January 2, 2024. The company repurchased its own shares across various trading venues, totaling 239,035 shares at an average price of … Read the full press release
Posted in Business, Financial, Finland, Industrial, Investment, Metals and Minerals
Tagged Outokumpu, Share Buyback Program, shares
(IN BRIEF) On November 28, 2023, a groundbreaking achievement took place as the world’s first 100% Sustainable Aviation Fuel (SAF) transatlantic flight by a commercial airline successfully landed at New York JFK after departing from London Heathrow. Kuehne+Nagel, a key … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Transportation & Logistics
Tagged Kuehne+Nagel, partnership, Sir Richard Branson, sustainability, sustainable aviation fuel, Transatlantic Flight, Virgin Atlantic, Yngve Ruud
(IN BRIEF) Barco NV has disclosed details of its share buyback program, which started on December 19, 2023. Between December 27 and December 29, 2023, the company repurchased a total of 58,000 shares at an average price of €16.4721 per … Read the full press release
Posted in Belgium, Business, Electronics & Machinery, Financial, Industrial, Investment, Management, News, Technology
Tagged Barco NV, Financial, investment, Share Buyback Program
(IN BRIEF) Skanska is set to invest SEK 2 billion in Olivin, an office building that marks the initial phase of development in the Lindhagen neighborhood. This substantial investment also includes a construction contract valued at approximately SEK 1 billion, … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged Financial, investment, Lindhagen, Olivin Office Building, partnership, Skanska, sustainability
(IN BRIEF) On December 28, 2023, Outokumpu concluded its share repurchase program, acquiring a total of 169,699 of its own shares across various trading venues. The buyback program, which had a maximum limit of 11 million shares and was authorized … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged buyback program, Financial, investment, Linda Häkkilä, Outokumpu, Päivi Allenius, SHARE, treasury shares
(IN BRIEF) EQT AB (publ) (“EQT”) has reported that as of December 29, 2023, the total number of shares amounts to 1,245,929,967, with 1,244,700,306 being ordinary shares and 1,229,661 being class C shares, resulting in a total of 1,244,823,272.10 votes. … Read the full press release
Posted in Business, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden
Tagged EQT AB, Financial, investment
(IN BRIEF) The Vienna Stock Exchange faced a challenging year in 2023, marked by high interest rates, persistent inflation, and geopolitical tensions that impacted European stock markets. Despite these unfavorable conditions affecting trading activity, the exchange achieved a record year … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a $10 million loan to Atameken-Agro, a leading agricultural holding in Kazakhstan, to support the modernization and environmental improvement of its agricultural machinery. This initiative aims to enhance … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged agricultural, Atameken-Agro, EBRD, Environmental Enhancement, Kazakhstan, modernization, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) has inked a €50 million loan agreement with the Bank of Georgia, aimed at supporting small and medium-sized enterprises (SMEs) and mid-cap companies, while also promoting sustainable economic recovery and growth. Notably, a … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Archil Gachechiladze, Bank of Georgia, European Investment Bank, European Union, green investments, MSMEs, partnership, Paweł Herczyński, SME, sustainability, Teresa Czerwinska
(IN BRIEF) On December 27, 2023, Outokumpu finalized its share repurchase program, acquiring its own shares as per the following breakdown: 58,492 shares on CEUX at a weighted average price of EUR 4.5323 per share, 99,377 shares on XHEL at … Read the full press release
Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News
Tagged Financial, investment, Outokumpu, share repurchase, treasury shares
(IN BRIEF) The Minister of Environment and Energy Security has granted authorization for Terna’s new electricity connection project linking La Spezia and Arcola (SP). With an investment of 8 million euros, the project will involve the construction of a 4.3 … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has entered into a 20-year EUR 70 million loan agreement with the Wellbeing Services County (WSC) of North Savo, Finland, to fund the expansion and renovation of the “Uusi Sydän” central hospital and … Read the full press release
(IN BRIEF) The ORLEN Group is embarking on a groundbreaking initiative to introduce Virtual Power Plant (VPP) technology, which will centralize the coordination of power generation sources throughout the country via a central control system. This innovative project aims to … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Poland, Technology
Tagged Energy management, Marcin Piekarski, ORLEN Group, Virtual Power Plant Technology
(IN BRIEF) ING has announced that it has successfully repurchased 14,925,745 shares during the week of December 18 to December 22, 2023, as part of its €2.5 billion share buyback program initiated on November 2, 2023. These shares were acquired … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News
Tagged Financial, ING, investment, Shares Buyback Program
(IN BRIEF) Eni has announced a significant achievement in its Congo LNG project, with the successful introduction of gas into the Tango Floating Liquefied Natural Gas (FLNG) facility moored in Congolese waters, just twelve months after the final investment decision. … Read the full press release
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