Category Archives: Investment

Investment Press Releases & News distributed via EuropaWire

AF Gruppen Secures SEK 134 Million Contract for Busör Sewage Treatment Plant Modernization

(IN BRIEF) AF Gruppen, a construction and engineering company, has been awarded a contract worth SEK 134 million (excluding VAT) for the construction and modernization of the Busör sewage treatment plant in Halmstad municipality. The project, undertaken as a turnkey … Read the full press release

Sika Unveils ‘Beyond the Expected’ Strategy 2028 with Aggressive Growth and Sustainability Goals

(IN BRIEF) Sika, a leading construction and industrial chemicals company, has presented its new Strategy 2028, titled “Beyond the Expected,” during its Capital Markets Day in Zurich. The strategy builds upon the company’s successful growth model and aims to further … Read the full press release

Metsä Fibre’s Kemi Bioproduct Mill Begins Operations with AFRY’s Comprehensive Support

(IN BRIEF) Finland’s largest investment in the forest industry, Metsä Fibre’s new Kemi bioproduct mill, successfully commenced operations on September 20, 2023. AFRY, a key contributor to the project, provided extensive services throughout its various phases, from initial studies and … Read the full press release

AFRY Capital Advises Orora on Proposed Acquisition of Saverglass, Strengthening Sustainable Packaging Leadership

(IN BRIEF) AFRY Capital is serving as joint financial advisor to Orora Limited, a prominent Australian manufacturer and distributor of sustainable packaging, in its planned acquisition of Saverglass, a leading global producer and distributor of premium glass bottles headquartered in … Read the full press release

Sanofi Collaborates with Janssen on Vaccine for Extraintestinal Pathogenic E. coli

(IN BRIEF) Sanofi has entered into an agreement with Janssen Pharmaceuticals, a subsidiary of Johnson & Johnson, to develop and commercialize a vaccine candidate for extraintestinal pathogenic E. coli (ExPEC) that is currently in Phase 3 of clinical trials. ExPEC … Read the full press release

Borealis and TotalEnergies Expand Petrochemical Venture with New Baystar Polyethylene Unit

(IN BRIEF) Borealis and TotalEnergies are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Pasadena, Texas. Representing a significant investment of USD 1.4 billion, this state-of-the-art unit, referred to as Bay 3, doubles … Read the full press release

ÖBB Rail Cargo Group and Ukrainian Railways Test New TransFER Route for Intermodal Freight Transport

(IN BRIEF) ÖBB Rail Cargo Group (RCG) in partnership with Ukrainian Railways (UZ) has launched the TransFER Vienna-Kyiv route, connecting Ukraine to RCG’s intermodal network, TransNET. The inaugural test train successfully transported non-craneable semi-trailers carrying building materials from Kyiv to … Read the full press release

TotalEnergies and Borealis Enhance U.S. Petrochemical Presence with New Baystar Polyethylene Unit

(IN BRIEF) TotalEnergies and Borealis are celebrating the successful start-up of their joint venture, Baystar’s new Borstar® polyethylene (PE) unit in Bayport, Texas. This unit, with a capacity of 625,000 metric tons per year and an investment of USD 1.4 … Read the full press release

ING Completes Over 100% of €1.5 Billion Share Buyback Program

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced the successful progress of its €1.5 billion share buyback program initiated on May 11, 2023. During the week of September 25 to September 29, 2023, the bank repurchased 4,165,025 shares at an average price of … Read the full press release

Prudence Foundation Launches SAFE STEPS Kids Climate Change Program with Cartoon Network

(IN BRIEF) Prudence Foundation, the community investment arm of Prudential plc, has introduced a new thematic series called SAFE STEPS Kids Climate Change in collaboration with the International Federation of Red Cross and Red Crescent Societies (IFRC) and Cartoon Network. … Read the full press release

Lloyds Bank Launches Secure Digital ID App in Collaboration with Yoti

(IN BRIEF) Lloyds Bank has introduced a new digital identity app, “Lloyds Bank Smart ID,” developed in partnership with Yoti, a digital identity verification company. This app offers users a more private, secure, and convenient means of proving their age … Read the full press release

AXA Launches ‘We Care’ Program to Enhance Employee Well-being and Support

(IN BRIEF) Leading global insurer AXA has unveiled its ‘We Care’ program, designed to bolster the well-being of its 110,000 employees in 51 countries. The initiative, a cornerstone of AXA’s strategic plan for 2024-2026, consists of four core pillars, including … Read the full press release

European Investment Bank Extends €70 Million Loan to Bolster Armenian SMEs and Mid-Caps

(IN BRIEF) The European Investment Bank (EIB) is providing a loan of €70 million to the Central Bank of Armenia as part of the Armenian Economic Resilience Programme, backed by the European Fund for Sustainable Development Plus (EFSD+). This funding … Read the full press release

Oddlygood Acquires Planti, Expanding its Plant-Based Market Leadership in Sweden and Finland

(IN BRIEF) Finnish plant-based product producer, Oddlygood, has acquired the Nordic brand Planti® in a strategic move to strengthen its position in the plant-based dairy alternative market. The acquisition makes Oddlygood the market leader in plant-based dairy alternative spoonable snacks … Read the full press release

BBVA Launches €1 Billion Share Buyback Program, Strengthening Commitment to Shareholder Distributions

(IN BRIEF) BBVA, with a robust capital position boasting a fully-loaded CET1 ratio of 12.99 percent as of June 2023, has announced its intention to initiate a new share buyback program worth €1 billion. This program is considered an extraordinary … Read the full press release

SUEZ Strengthens UK Presence with Acquisition of DCW, Expanding Recycling and Waste Management Offerings

(IN BRIEF) SUEZ recycling and recovery UK has acquired DCW (Devon Contract Waste), an independent recycling and waste management company based in the south west of England. This acquisition is part of SUEZ’s strategy to expand its presence in the … Read the full press release

Hydro Invests €3 Million in State-of-the-Art Water Treatment Plant in Schwandorf, Germany

(IN BRIEF) Hydro is dedicating €3 million to construct a new water treatment plant at its Schwandorf legacy site in Germany. The legacy site, acquired by Hydro in 2002, holds bauxite residue from operations by VAW from the 1930s to … Read the full press release

MAHLE and HELLA Sell Behr-Hella Thermocontrol Stake to AUO Corporation for €600 Million

(IN BRIEF) Automotive suppliers MAHLE and HELLA have agreed to sell their respective 50 percent stake in the joint venture Behr-Hella Thermocontrol (BHTC) to AUO Corporation. The total purchase price for the transaction is based on an enterprise value of … Read the full press release

Rönesans Group Maintains Top 10 Position Among Europe’s Largest International Contractors

(IN BRIEF) Rönesans Group has reaffirmed its status as a leading construction company, securing the 38th spot on ENR’s prestigious 2023 “World’s Top 250 International Contractors” list. This ranking reflects Rönesans’ consistent presence among the top 10 contracting companies in … Read the full press release

University of Exeter Team Nominated for Impact Prize for Work on Countering Kleptocracy

(IN BRIEF) A team of experts from the University of Exeter, including Professors John Heathershaw and David Lewis, and Dr. Catherine Owen, has been nominated for the Economic and Social Research Council’s Celebrating Impact Prize. Their research focused on the … Read the full press release