Category Archives: Investment

Investment Press Releases & News distributed via EuropaWire

Schneider Electric Completes Acquisition of Climate Consulting Leader EcoAct to Boost Net Zero Solutions

(IN BRIEF) Schneider Electric, a global leader in energy management and automation, has successfully finalized its acquisition of EcoAct SAS, an international leader in climate consulting and net-zero solutions based in Paris, France. This strategic move brings together two top-tier … Read the full press release

Swiss Financial Institutions Launch Groundbreaking Pilot for Tokenized Central Bank Money

(IN BRIEF) SIX, the Swiss National Bank (SNB), and six commercial banks are embarking on a pioneering pilot project called Helvetia Phase III, aimed at exploring the use of tokenized central bank money (wCBDC) for financial institutions. This initiative marks … Read the full press release

Accenture Expands Cybersecurity Reach in Spain with Acquisition of Innotec Security

(IN BRIEF) Accenture, a global technology and consulting firm, has acquired Innotec Security, a prominent cybersecurity-as-a-service company headquartered in Madrid, Spain. This acquisition enhances Accenture’s cybersecurity capabilities and presence in Spain. Innotec Security, previously owned by Entelgy Group, brings 500 … Read the full press release

Advansia, Part of AFRY, Secures Framework Agreements to Support Norway’s Power Grid Development

(IN BRIEF) Advansia, a subsidiary of AFRY, has been awarded two significant framework agreements aimed at facilitating the development and expansion of Norway’s power transmission network. Statnett, the state-owned enterprise responsible for the country’s power transmission system, is in the … Read the full press release

Origin by Ocean and AFRY Collaborate on Innovative Seaweed Biorefinery in Finland

(IN BRIEF) Finnish biotechnology start-up Origin by Ocean has teamed up with AFRY, a global engineering and advisory firm, to work on an ambitious project aimed at establishing an industrial-scale biorefinery in Finland. The collaborative effort focuses on refining seaweed … Read the full press release

ANDRITZ Reports Strong Q3 2023 Performance, Expands Green Hydrogen Presence

(IN BRIEF) In the third quarter of 2023, ANDRITZ, an international technology group, achieved substantial growth in revenue, earnings, and net income compared to the previous year. While the total order intake declined due to the absence of a large … Read the full press release

SAP Joins Stanford University’s HAI Corporate Affiliate Program to Advance Ethical and Trustworthy AI

(IN BRIEF) SAP SE has become a member of the Stanford University Human-Centered Intelligence (HAI) Corporate Affiliate Program. This collaboration will support Stanford HAI’s research, policy, and education initiatives focused on the responsible development and implementation of artificial intelligence (AI). … Read the full press release

Continental Expands Industrial Solutions with Acquisition of Conveyor and Maintenance Firm Vertech AB

(IN BRIEF) Continental has acquired Vertech AB, a conveyor and maintenance company located in Kiruna, Northern Sweden. Vertech AB specializes in servicing the conveyor industry in mining areas of Sweden and Norway. This acquisition is part of Continental’s strategy to … Read the full press release

Accenture Completes Acquisition of ConcentricLife to Enhance Healthcare Marketing Capabilities

(IN BRIEF) Accenture has successfully finalized its acquisition of ConcentricLife, a prominent healthcare marketing agency known for its expertise in assisting Life Sciences brands in creating optimal brand experiences throughout various stages of the health journey. This strategic acquisition underscores … Read the full press release

World’s Longest-Running Climate Change Experiment in Peril: Buxton Lab Seeks Funding

(IN BRIEF) The Buxton Climate Change Impacts Lab, celebrating its 30th anniversary, is at risk of closure due to a funding shortfall. This unique experiment, investigating climate change’s effects on grasslands, plays a vital role in understanding and mitigating climate … Read the full press release

Port of Tyne Launches 4G and 5G Private Network for Smart Port Innovations

(IN BRIEF) The Port of Tyne, one of the UK’s major ports, has introduced a 4G and 5G private network in collaboration with partners BT and Ericsson, marking the UK’s first site-wide deployment of 4G and standalone 5G connectivity for … Read the full press release

Metso Secures EUR 13 Million Orders for Anode Casting Shops from Copper Producers in Japan and China

(IN BRIEF) Metso has announced that it has received orders for three Outotec Anode Casting Shops from significant copper producers in Japan and China, with a total order value of EUR 13 million. These orders further strengthen Metso’s position as … Read the full press release

Ørsted Ceases Development of Ocean Wind 1 and 2 Projects, Proceeds with Revolution Wind Amid Impairments

(IN BRIEF) Danish renewable energy company Ørsted has made significant decisions regarding its US offshore wind portfolio. The company has chosen to discontinue the development of the Ocean Wind 1 and 2 projects due to supplier delays, changing assumptions, and … Read the full press release

AstraZeneca Teams Up with Cellectis to Accelerate Gene Therapy Development

(IN BRIEF) AstraZeneca has entered into a collaboration and investment agreement with biotech firm Cellectis to fast-track the development of cutting-edge therapeutics in areas such as oncology, immunology, and rare diseases. This partnership will leverage Cellectis’ gene editing technologies and … Read the full press release

Versalis Breaks Ground on Demo Plant for Innovative Hoop® Technology for Plastic Recycling

(IN BRIEF) Versalis, the chemical company of Eni, has commenced the construction of a demonstration plant in Mantua, Italy, to advance its proprietary Hoop® technology for the chemical recycling of mixed plastic waste. Collaborating with Italian engineering company S.R.S. and … Read the full press release

EBRD and EU Collaborate to Enhance Solid Waste Management in Kyrgyz Republic’s Capital

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have supported the completion of a vital infrastructure project in Bishkek, the capital of the Kyrgyz Republic. The project involves the construction of a landfill … Read the full press release

EBRD Appoints Fatih Türkmenoğlu as Head of North Macedonia to Drive Investment and Green Transition

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Fatih Türkmenoğlu as the new Head of North Macedonia. He will assume his role on November 1 and will lead the EBRD’s Skopje resident office. Türkmenoğlu, a Turkish … Read the full press release

Georgia’s East-West Highway Section Opens with EU and EIB Support, Enhancing Regional Connectivity

(IN BRIEF) The Ubisa-Shorapani section of Georgia’s East-West Highway, a crucial part of the Trans-European Transport Network (TEN-T) and the Middle Corridor, was officially opened on October 28, 2023. This section is one of seven supported by the European Union … Read the full press release

DNB and Ericsson Launch Malaysia’s Largest 5G Experience Center to Showcase Technology’s Potential

(IN BRIEF) Digital Nasional Berhad (DNB), the organization responsible for accelerating the deployment of 5G networks in Malaysia, has officially launched the nation’s largest 5G experience center called ‘My5G Portal.’ Ericsson is a key partner in this initiative, helping to … Read the full press release

Unlocking AI’s Economic Potential: BT Group’s Call for Responsible AI Adoption

(IN BRIEF) In this article, BT Group addresses the importance of safely deploying artificial intelligence (AI) across various sectors and public services to improve daily life. While there is significant potential for AI to contribute to the UK economy, the … Read the full press release