(IN BRIEF) Deutsche Bank has announced a significant increase in capital allocation for its Ho Chi Minh City branch in Vietnam, raising it by USD 100 million to reach a total of over USD 200 million. The additional capital will … Read the full press release
(IN BRIEF) Francesco Starace, former CEO and General Manager of Enel, one of the world’s largest energy utility companies, has been appointed as a Partner within the EQT Infrastructure Advisory Team. EQT, a global investment organization, is excited to welcome … Read the full press release
(IN BRIEF) Triton, in partnership with the Triton Smaller Mid-Cap Fund I, has successfully sold Norres Baggerman Group, a leading manufacturer of industrial plastic hoses in Europe, to Nalka DACH Investments SA SICAF-RAIF. The terms of the transaction have not … Read the full press release
(IN BRIEF) SEB Greentech Venture Capital has acquired a stake in Esforin, a German company specializing in algorithm-based energy trading solutions. Esforin’s innovative approach optimizes supply and demand in the energy market by allowing customers to inject energy back into … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Sweden, Technology
Tagged algorithm, battery storage, Christian Hövelhaus, electricity customers, energy market, Energy Services for Industry, Esforin, grid, intraday market, Markus Hökfelt, renewable energy, SEB Greentech Venture Capital, trading
(IN BRIEF) RWE, a global renewable energy company, has acquired full ownership of the Nordseecluster, a 1.6-gigawatt cluster of offshore wind farms in the German North Sea. The cluster, consisting of four sites, was previously co-developed with Northland Power, which … Read the full press release
(IN BRIEF) Barclays has announced its investment in Trade Ledger’s working capital orchestration platform, aiming to enhance its working capital finance solutions for corporate clients globally. The partnership will bring industry-leading credit management automation and end-to-end solutions to Barclays Corporate … Read the full press release
Posted in Banks, Business, Financial, Investment, Management, Technology, United Kingdom
Tagged Asset Based Lending, Barclays, credit management automation, credit solutions, Invoice Discounting, James Binns, Martin McCann, Selected Debtor Finance, Trade Ledger, Working capital finance solutions, working capital offering, working capital orchestration platform
(IN BRIEF) Stellantis, a global automaker, has made an investment in Lyten, a Silicon Valley-based company known for its innovative 3D Graphene technology. The investment aims to accelerate the development and commercialization of Lyten’s breakthrough Lithium-Sulfur EV battery technology, lightweighting … Read the full press release
Posted in Automotive, Environment, Financial, France, Investment, Technology, Transportation & Logistics
Tagged 3D Graphene™ applications, battery, Carlos Tavares, Dan Cook, decarbonization, EV, graphene, Inflation Reduction Act, Lithium-Sulfur batteries, Lithium-Sulfur EV battery, lower carbon footprint, lowest emissions EV battery, Lyten, mobility, Silicon Valley, Stellantis
(IN BRIEF) WACKER has completed a capacity expansion project at its Nanjing site in China, which doubles its production capacity for vinyl-acetate-ethylene copolymer (VAE) dispersions and VAE dispersible polymer powders. The expansion, involving a new reactor and spray dryer, enables … Read the full press release
(IN BRIEF) TotalEnergies has acquired a 20% stake in Ductor, a Finnish start-up specializing in organic waste processing technology. This innovative solution allows the treatment of high-nitrogen organic waste for biomethane production, accelerating the development of the biogas value chain. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Investment, Technology
Tagged Bernard Fenner, biogas value chain, biomethane production, Ductor, energy transition, high-nitrogen organic waste, Olivier Guerrini, poultry manure, start-up, sustainable biofertilizers, TotalEnergies
(IN BRIEF) Canada has joined the European Bank for Reconstruction and Development (EBRD)’s High-Impact Partnership for Climate Action (HIPCA), strengthening its support for climate action. HIPCA, launched at COP26 in 2021, focuses on combating climate change and environmental degradation through … Read the full press release
(IN BRIEF) Estonia, Latvia, and Lithuania, in collaboration with the EBRD, EC, and Nasdaq Baltic, are welcoming the MSCI initiative to consolidate their markets into a single index. This integration will raise the region’s profile among international investors who track … Read the full press release
Posted in Banks, Estonia, European Union, Financial, Investment, Latvia, Lithuania
Tagged Arvils Aseradens, Capital Markets Union initiative, EBRD, EC, Estonia, European Union, Gintarė Skaistė, index construction, index maintenance, Jim Turnbull, Kaarel Ots, Latvia, Lithuania, Mart Võrklaev, MSCI initiative, Nasdaq Baltic, Securities, The European Commission, The MSCI Baltic Index, Valdis Dombrovskis
(IN BRIEF) The EIB Institute’s Social Innovation Tournament has announced the 15 finalists for its 2023 edition. These social entrepreneurs, hailing from 10 European countries, were selected from a pool of 284 candidates. Their innovative solutions aim to generate social, … Read the full press release
Posted in Banks, European Union, Financial, Government, Investment, Luxembourg, Small Business
Tagged 2023 Social Innovation Tournament, detecting early dementia, EIB Institute Social Innovation Tournamen, Europe’s best impact entrepreneurs, GREEN HYDROGEN, inclusion in housing, protecting cultural heritage, SIT Alumni Network, Social Entrepreneurs, venture philanthropists
(IN BRIEF) 2X Global, an initiative launched by Development Finance Institutions (DFIs), has exceeded its target of raising $15 billion in gender lens investments. From 2021 to 2022, the initiative raised a total of $16.3 billion, benefiting 473 businesses across … Read the full press release
Posted in Banks, Business, Financial, Investment, Luxembourg, Management, Small Business, Society
Tagged 2X Global, ADP III, African Development Partners III Fund, development finance institutions, DFIs, DPI, female-led MSMEs, G7 Summit, gender equality, gender finance, gender lens investments, gender-smart businesses, HCGF IV, Horizon Capital, Jessica Espinoza, Kashf Foundation, Lori Kerr, SDGs 5, The 2X Challenge, Thomas Östros, UKRAINE
(IN BRIEF) The European Investment Bank (EIB) celebrated Diversity Day Lëtzebuerg, Luxembourg’s national day of diversity, as part of European Diversity Month. The event, organized by the Diversity Charter Lëtzebuerg, aimed to promote diversity and inclusion in the workplace. The … Read the full press release
(IN BRIEF) Iberdrola and the International Finance Corporation (IFC) have formed a partnership to promote clean energy and decarbonization in emerging countries. The collaboration includes a green and sustainability-linked loan from IFC to Iberdrola for energy efficiency improvements in Brazil’s … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment
Tagged Alfonso García Mora, APLMA, clean energy, decarbonization, Electropaz, energy transition, Iberdrola, IFC, International Finance Corporation, José Sainz Armada, NEOENERGIA, Sowitec Vietnam, Termopernambuco, World Bank Group
(IN BRIEF) Digi Communications N.V., a European telecommunications company, has announced the granting of conditional stock options to its executive directors. This action was approved during the general shareholders’ meeting on May 18, 2021. On May 19, 2023, a total … Read the full press release
Posted in Belgium, Financial, Investment, Management, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Autoriteit Financiële Markten, conditional class B stock options shares, conditional stock options, DIGI COMMUNICATIONS N.V., executive directors, Romanian Financial Supervisory Authority, stock option shares, stock options, TELECOM
(IN BRIEF) Amundi and CACEIS have successfully completed their strategic agreement to accelerate the growth of Fund Channel, a prominent B-2-B fund distribution platform. With CACEIS now holding a 33.33% stake and Amundi remaining the majority shareholder, Fund Channel aims … Read the full press release
(IN BRIEF) KfW Development Bank celebrates the two-year anniversary of the Legacy Landscapes Fund (LLF), an initiative for biodiversity conservation. The LLF provides long-term financing for protected areas in developing countries, ensuring effective conservation efforts. It has achieved significant progress, … Read the full press release
(IN BRIEF) EBRD provides $143.25 million to DenizBank for green investments, women-led businesses, and earthquake response. The financing package supports DenizBank’s Diversified Payment Rights program and includes funds for on-lending to green economy projects, women-led SMEs, and companies involved in … Read the full press release
Posted in Banks, Financial, Investment, Small Business, Turkey, United Kingdom
Tagged Arthur Poghosyan, DenizBank, earthquake response, EBRD, green investments, Hakan Ateş, Türkiye, women-led businesses
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a loan of $23 million to Meros Pharm, a leading pharmaceutical distributor in Uzbekistan. The loan will support Meros Pharm’s expansion plans by providing the necessary working capital … Read the full press release
Posted in Banks, Business, Financial, Investment, Pharma & Biotech, United Kingdom
Tagged EBRD, loan, Meros Pharm, pharmaceutical distributors, Uzbekistan
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions. Here you can learn more about EuropaWire’s mission, achievements, services, etc.
HOW TO GET STARTED?