Category Archives: Investment

Investment Press Releases & News distributed via EuropaWire

Urban Agriculture Could Transform Glasgow’s ‘Food Deserts’ and Reduce Inequality, New Research Finds

(IN BRIEF) New research conducted by the University of Glasgow in collaboration with Florida State University, USA, suggests that adopting an innovative approach to urban agriculture could help Glasgow’s ‘food deserts’ become sources of healthy and affordable produce, ultimately reducing … Read the full press release

Suzano Taps ANDRITZ for Five-Year Modular Maintenance Deal for World’s Largest Eucalyptus Mill

(IN BRIEF) Brazilian pulp producer Suzano has entered into a five-year contract with international technology group ANDRITZ to provide modular maintenance services for its upcoming mill in Ribas do Rio Pardo, Mato Grosso do Sul, Brazil. The maintenance agreement encompasses … Read the full press release

DAAD Secures Increased Funding for 2024 to Foster International Academic Exchange and Support Skilled Labor Initiative

(IN BRIEF) The German Academic Exchange Service (DAAD) has secured additional funding of almost three million euros for the year 2024, exceeding the original draft budget allocation. The budget increase, following final negotiations on the 2024 federal budget, will provide … Read the full press release

Terna Initiates €50 Million Underground Cable Project to Enhance Power Grid Resilience in Bolzano Province

(IN BRIEF) Italian power grid operator Terna, under the leadership of Giuseppina Di Foggia, has commenced construction on a new underground cable connection spanning 22 km between Vandoies and Brunico in the province of Bolzano. With an investment of approximately … Read the full press release

NIB Provides €50 Million Loan to Kemijoki Oy for Hydropower Innovation and Fish Migration Projects

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 15-year, €50 million loan agreement with Kemijoki Oy to support the company’s investment program from 2023 to 2027. Kemijoki Oy’s program focuses on modernizing and maintaining its hydropower assets and … Read the full press release

Moro Hub and Thales Partner to Elevate Cybersecurity Services in the UAE

(IN BRIEF) Moro Hub, a subsidiary of Digital DEWA, has joined forces with Thales, a global leader in security and digital identity technologies, at the Dubai Air Show 2023. This partnership aims to redefine the landscape of physical and cyber … Read the full press release

École Polytechnique, CNRS, and Safran Electronics & Defense Establish Joint Laboratory for Electric Satellite Thruster Research

(IN BRIEF) École Polytechnique, the French national scientific research center CNRS, and Safran Electronics & Defense have entered into a partnership to establish a joint laboratory named COMHET (laboratoire Commun pour l’étude des Hall Effect Thrusters) dedicated to the research … Read the full press release

ENERCON Celebrates 20 Years in France, Affirms Commitment to Expanding Renewable Energy in Europe

(IN BRIEF) ENERCON, a leading manufacturer of onshore wind energy converters, marked its 20-year presence in France by reaffirming its dedication to the expansion of onshore wind energy in Europe. The company’s CCO, Ulrich Schulze Südhoff, emphasized that Europe is … Read the full press release

Saab Secures SEK 4.3 Billion Defense Systems Order from Unnamed Western Country

(IN BRIEF) Saab has announced the receipt of a significant defense systems and equipment order from an undisclosed Western government. The order, valued at approximately SEK 4.3 billion, encompasses various systems and equipment offered by Saab’s Dynamics and Surveillance business … Read the full press release

EBRD’s First InvestEU Project Supports 30 MW Solar Capacity in Croatia

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is partnering with the InvestEU program for its inaugural project, aimed at supporting sustainable economic initiatives. The project involves financing the construction of 30 MW of solar generation capacity in … Read the full press release

Yikri Wins European Microfinance Award 2023 for Innovative Poverty Alleviation in Burkina Faso

(IN BRIEF) Yikri, supported by Entrepreneurs du Monde, has been awarded the prestigious €100,000 European Microfinance Award 2023 by the Directorate for Development Cooperation and Humanitarian Affairs of Luxembourg. Yikri focuses on social microfinance as a means of poverty alleviation, … Read the full press release

Neste, Mitsui Chemicals, and Prime Polymer Collaborate to Create Sustainable Food Packaging for CO-OP

(IN BRIEF) Neste, Mitsui Chemicals, and Prime Polymer have joined forces to develop sustainable food packaging solutions for CO-OP, a brand under the Japanese Consumers Co-operative Union (JCCU). In the initial phase of this partnership, bio-based raw materials will replace … Read the full press release

UK Government Invests £53 Million to Boost Sustainable Aviation Fuel Industry and Reduce Carbon Emissions

(IN BRIEF) The UK government has announced a £53 million investment to bolster the sustainable aviation fuel (SAF) industry, aiming to save 2.7 million tonnes of carbon emissions annually. The funding supports nine innovative projects under the Department for Transport’s … Read the full press release

Fortum and Studsvik Collaborate to Explore New Nuclear Options for Sweden’s Green Transition

(IN BRIEF) Fortum, a leading energy company, has entered into a Memorandum of Understanding (MoU) with Swedish nuclear technology firm Studsvik to investigate the potential for new nuclear projects in Sweden. This collaboration is part of Fortum’s ongoing feasibility study … Read the full press release

ANDRITZ Advances Green Transformation in Japanese Pulp Industry with Innovative Methanol Liquefaction Plant

(IN BRIEF) ANDRITZ, an international technology group, is set to supply a groundbreaking methanol liquefaction plant to Hyogo Pulp Industries Ltd., a Japanese unbleached kraft pulp producer. This pioneering project, located at the Tanigawa mill, marks a significant shift in … Read the full press release

Brau Union Österreich and SPAR Opt for Multimodal Transport with ÖBB Rail Cargo Group

(IN BRIEF) Brau Union Österreich and the SPAR retail chain have embraced multimodal transportation in collaboration with the ÖBB Rail Cargo Group (RCG). This approach combines rail and road transport to create efficient and environmentally friendly door-to-door logistics solutions. Beverages … Read the full press release

TenneT and Statnett Explore Hybrid Interconnector for North Sea Wind Energy

(IN BRIEF) On November 16, 2023, transmission system operators TenneT and Statnett signed a Memorandum of Understanding (MoU) to investigate the feasibility of a hybrid interconnector linking Germany and Norway in the North Sea. Instead of connecting North Sea wind … Read the full press release

TenneT Launches ‘Modular Construction for Large Projects’ Program for Accelerated Grid Expansion

(IN BRIEF) TenneT has initiated its ‘Modular Construction for Large Projects’ program to expedite the expansion of the electricity grid. Recognizing the need for acceleration, the program aims to introduce more efficient and intelligent construction methods. It specifically targets the … Read the full press release

DNV and Partners Advance Offshore Wind Emission Reduction Framework

(IN BRIEF) DNV and 14 industry partners, including RWE, Vattenfall, Ørsted, and others, have completed phase 1 of the Emission Reduction (EMRED) Joint Industry Project (JIP), which aims to develop a monitoring and reporting framework for quantitatively assessing greenhouse gas … Read the full press release

EIB Partners with Kyiv to Transform Urban Electric Transport System and Reduce Russian Dependency

(IN BRIEF) The European Investment Bank (EIB) and the city of Kyiv have signed a cooperation agreement to provide strategic advisory services for the transformation of Kyiv’s urban electric transport system. The partnership, supported by a €480,000 technical assistance grant … Read the full press release