Category Archives: Investment

Investment Press Releases & News distributed via EuropaWire

BESTSELLER and SOLshare Power Textile Factory in Bangladesh with Rooftop Solar System

(IN BRIEF) BESTSELLER, a fashion company, and its partner SOLshare have successfully installed the first rooftop solar system on a textile supplier’s factory in Bangladesh. This initiative is part of a broader effort to reduce the environmental impact of BESTSELLER’s … Read the full press release

Accenture Collaborates with Accor to Enhance Content Production for Personalized Guest Experiences

(IN BRIEF) Global hospitality group Accor has partnered with Accenture to boost its content production capabilities for more consistent and personalized marketing communications across its hotel brands. Accenture Song, Accenture’s tech-powered creative group, introduced the “Content Atelier,” a data-driven content … Read the full press release

Philips AI Platform Speeds Up Bone Fracture Diagnosis in Norway’s Healthcare System

(IN BRIEF) Philips’ AI-enabled clinical applications platform, in collaboration with Norwegian healthcare provider Vestre Viken Health Trust, is helping accelerate the diagnosis of bone fractures in Norway. The AI-based bone fracture radiology application deployed on Philips AI Manager streamlines the … Read the full press release

Eneco Proposes Green Hydrogen Production Plant in Rotterdam’s Europoort Industrial Area

(IN BRIEF) Eneco has filed a planning application for the construction of the ‘Eneco Electrolyzer,’ a green hydrogen production facility located in Rotterdam’s Europoort industrial district. Green hydrogen is generated using renewable energy, and Eneco is collaborating with Mitsubishi on … Read the full press release

ABP Increases Stake in Vesteda, Enabling Affordable Rental Housing Project in Rotterdam

(IN BRIEF) Public sector pension fund ABP has raised its stake in Vesteda to a maximum of 33%, facilitating Vesteda’s acquisition of the new-build Zuiderhof project in Rotterdam. The homes in this development will be prioritized for rental to candidates … Read the full press release

Construction Commences on Vesteda’s New Zuiderhof Complex in Rotterdam

(IN BRIEF) On Wednesday, November 22, construction will begin on Vesteda’s new-build Zuiderhof complex in Rotterdam. This development, situated in the Vreewijk garden village in the Feijenoord district, will consist of 160 two, three, and four-room apartments in the mid-rental … Read the full press release

Yara International and Northern Lights Sign Historic Agreement for Cross-Border CO2 Transport and Storage

(IN BRIEF) Yara International, a global ammonia player, has entered into a significant commercial agreement with Northern Lights, a CO2 transport and storage provider, to enable the cross-border transportation and storage of CO2. This collaboration aims to reduce Yara’s annual … Read the full press release

Basilea’s Antifungal Drug Cresemba Surpasses Sales Threshold in Asia Pacific, Triggering $1.25 Million Milestone Payment

(IN BRIEF) Basilea Pharmaceutica Ltd, a biopharmaceutical company dedicated to addressing severe bacterial and fungal infections, has announced that its antifungal medication, Cresemba® (isavuconazole), has achieved robust sales performance in the Asia Pacific region and China through its licensing partner, … Read the full press release

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