Category Archives: Investment

Investment Press Releases & News distributed via EuropaWire

Groupe Casino Expands Stake in Cnova to 98.8% with Acquisition from GPA

(IN BRIEF) Groupe Casino has announced the acquisition of CBD Luxembourg Holding from GPA, indirectly holding a 34.0% share of Cnova’s capital. This transaction will raise Casino’s ownership of Cnova, both directly and through wholly-owned subsidiaries, to 98.8%. The purchase … Read the full press release

AFRY Chosen to Conduct Environmental and Social Impact Assessments for Indonesia’s 500MW Solar PV Projects

(IN BRIEF) PT PLN Indonesia Power, a subsidiary of Indonesia’s state-owned electricity company PT PLN, has enlisted AFRY to perform Environmental and Social Impact Assessments (ESIAs) for five large solar photovoltaic (PV) projects situated on Java Island. These projects play … Read the full press release

Philips Unveils Mobile MRI System with Helium-Free Operations for Enhanced Patient-Centric Care at #RSNA23

(IN BRIEF) Royal Philips has introduced the world’s first mobile MRI system with helium-free operations, known as BlueSeal MR Mobile, at #RSNA23, the prominent medical imaging conference. This groundbreaking technology offers flexible and agile MRI services, allowing placement in more … Read the full press release

Philips Unveils Cutting-Edge Healthcare Innovations at #RSNA23 Focused on Enhancing Patient Care and Efficiency

(IN BRIEF) Royal Philips, a global leader in health technology, has showcased its commitment to improving patient care and healthcare providers’ efficiency at #RSNA23, the world’s largest medical imaging conference. Recognizing the challenges faced by radiologists and healthcare staff, with … Read the full press release

Accenture Strengthens New Zealand Presence with Solnet Acquisition, Bolstering Cloud and Tech Expertise

(IN BRIEF) Accenture, a global technology services and consulting firm, has successfully completed its acquisition of Solnet, an IT services provider renowned for its technology consulting services to both the New Zealand government and private sector. This strategic move enhances … Read the full press release

Swedbank Robur Launches Two Climate-Focused Funds to Finance Sustainable Projects

(IN BRIEF) Swedbank Robur has expanded its climate strategy by introducing two new funds, Climate Bond and Climate Bond High Yield, which will finance projects and company operations aligned with the UN’s climate goals. These funds are classified as Article … Read the full press release

McLaren Racing Extends Partnership with Mercedes-Benz for Power Units in Formula One Until 2030

(IN BRIEF) McLaren Racing and Mercedes-Benz have announced the continuation of their partnership in Formula One, with McLaren set to use Mercedes-AMG power units from 2026 to 2030. This partnership extension marks the 26th year of collaboration between the two … Read the full press release

Orange Launches ‘Max it’ Super-App in Africa, Bringing Telecom, Financial, and E-commerce Services to Millions

(IN BRIEF) Orange, a telecommunications company, is introducing its “Max it” super-app in Africa, combining telecommunications, financial services, and e-commerce to serve the daily needs of users. Initially launching in five African countries, Max it simplifies the digital experience by … Read the full press release

HackaTUM 2023: Students Innovate Solutions for Practical Problems in Eighth Annual Hackathon

(IN BRIEF) The eighth edition of the annual “hackaTUM” hackathon, organized by the TUM School of Computation, Information, and Technology (CIT), recently took place, drawing participation from students across 75 universities spanning three continents. With a focus on addressing practical … Read the full press release

Thales to Equip French Navy’s New Offshore Patrol Vessels with Advanced Sensor Suite

(IN BRIEF) Thales has secured a contract to provide the French Navy with state-of-the-art sensor technology for its upcoming offshore patrol vessels (OPVs). The suite, comprising Bluewatcher sonar, NS50 radar, and an IFF identification system, will enhance the OPVs’ operational … Read the full press release

DNV, Siemens Energy, and Industry Leaders Launch Joint Project to Enhance Sustainability of Power Transformers

(IN BRIEF) DNV, in partnership with Siemens Energy and major industry players, has initiated a Joint Industry Project (JIP) aimed at improving the sustainability, reliability, and environmental responsibility of power transformers, critical components of the energy infrastructure. The project responds … Read the full press release

SAE International Adopts MAHLE’s Positioning System as Global Standard for Wireless EV Charging

(IN BRIEF) MAHLE, a leading automotive technology company, has developed a groundbreaking positioning system, known as the Differential Inductive Positioning System (DIPS), for wireless charging of electric vehicles (EVs). This innovative technology automatically aligns an EV precisely above the charging … Read the full press release

EBRD Invests €20 Million in Bank Pekao’s Debut Green Eurobond Issuance to Support Sustainable Finance in Poland

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has committed €20 million to participate in the debut Eurobonds issued by Bank Polska Kasa Opieki, commonly known as Bank Pekao, as part of its €500 million public placement of … Read the full press release

EBRD Lends €200 Million to Naftogaz for Strategic Gas Reserves, Bolstering Ukraine’s Energy Security Amidst Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €200 million loan to Ukraine’s state-owned gas entity, Naftogaz (NAK), to support the establishment of strategic gas reserves during the second winter heating season since the Russian … Read the full press release

EBRD and Clean Technology Fund Partner with ING Türkiye to Boost Green Investments and Women-Led SMEs with €100 Million Financing Package

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) are joining forces to provide a €100 million financing package to ING Türkiye and ING Leasing in Türkiye, aiming to support green investments and … Read the full press release

Plenitude and Saipem Collaborate to Install 1 MWp Solar System, Advancing Energy Efficiency and Sustainability Goals

(IN BRIEF) Plenitude (Eni) and Saipem have entered into an agreement to install a 1 MWp photovoltaic system at Saipem’s offices in Fano, Italy. The system is expected to generate over 1,000 MWh of solar power annually, meeting a significant … Read the full press release

ANDRITZ to Equip Ebensee Pumped Storage Plant, Advancing Green Energy Goals

(IN BRIEF) International technology group ANDRITZ has received an order from Energie AG to supply equipment for the new Ebensee pumped storage power plant in Austria. This project, the largest investment by the utility, aims to enhance energy sustainability by … Read the full press release

Beyond EPICA Project’s Third Ice Core Drilling Season Begins in Antarctica

(IN BRIEF) The Beyond EPICA 23/24 team has initiated the third drilling season at Little Dome C in Antarctica, located near the Concordia Station. This international research project, led by the Institute of Polar Sciences of the National Research Council … Read the full press release

Infineon Expands CoolMOS CFD7A Line with QDPAK Package for Enhanced EV Charging Efficiency

(IN BRIEF) Infineon Technologies AG is extending its 650 V CoolMOS™ CFD7A series by introducing the QDPAK package to meet the growing demand for efficient and high-performance power electronics in electric vehicle (EV) charging systems. The QDPAK package offers equivalent … Read the full press release

VINCI Highways Invests in Climate Resilience: Enhancing Lima’s Expressways to Mitigate El Niño Flooding

(IN BRIEF) VINCI Highways, operating through its subsidiary Lima Expresa, is undertaking infrastructure improvements to enhance the resilience of two expressways in Lima, Peru. The project aims to mitigate the risk of flooding, especially during the El Niño phenomenon. The … Read the full press release