Search Results for: equity

Equinor’s Mendubim Solar Plant Powers Up, Boosting Brazil’s Renewable Portfolio

Posted on 9, March 2024 by

(IN BRIEF) Equinor celebrates the commencement of operations at the Mendubim solar plant in Brazil, adding 531 MW of solar power to its energy portfolio and marking a 30% increase in its equity power production in the country. The project, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology

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Enel and Ansaldo Nucleare Forge Partnership to Pave the Way for Next-Gen Nuclear Power

Posted on 9, March 2024 by

(IN BRIEF) Enel and Ansaldo Nucleare have entered into a collaboration agreement aimed at exploring and evaluating new technologies and business models for nuclear energy generation, including Small Modular Reactors (SMRs) and Advanced Modular Reactors (AMRs). These innovative reactors promise … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology

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Eni Foundation Launches Mobile Clinics Initiative to Enhance Healthcare in Remote Algerian Regions

Posted on 9, March 2024 by

(IN BRIEF) Eni Foundation, in collaboration with the Algerian Ministry of Health, Population and Hospital Reform, has initiated a project aimed at bolstering healthcare services in remote regions of Algeria. The endeavor, unveiled during a ceremony in Algiers, saw the … Read the full press release →

Posted in Automotive, Business, Education, Energy, Gas & Oil, Environment, Financial, Government, Healthcare, Industrial, Investment, Italy, Management, News

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Eni, Plenitude, and Energy Infrastructure Partners Finalize Investment Agreement

Posted on 9, March 2024 by

(IN BRIEF) Eni, Plenitude, and Energy Infrastructure Partners (EIP) have concluded their investment agreement, with EIP acquiring a 7.6% stake in Plenitude through a capital increase of €588 million. This transaction, initially announced in December 2023, marks a significant milestone … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News

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Fresenius Medical Care Employees Garner Prestigious Awards for Contributions to Renal Health

Posted on 8, March 2024 by

(IN BRIEF) Fresenius Medical Care, a leading provider of products and services for renal diseases, celebrates International Women’s Day by honoring three exceptional employees for their outstanding achievements. Ana Catalina Alvarez Elias, a Research Scientist, has been recognized as an … Read the full press release →

Posted in Awards, Germany, Healthcare, Society

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CACEIS Enhances Client Services with PRIIPs Reporting via Connect Store Partnership

Posted on 8, March 2024 by

(IN BRIEF) CACEIS has partnered with Regulatory Technology specialist AlphaOmega to offer a PRIIPs reporting service for clients of its Private Equity Real Estate Solutions business line. Available through the Connect Store, CACEIS’ online marketplace, the service provides clients with … Read the full press release →

Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Infrastructure & Utilities, Insurance, Investment, Luxembourg, Management, News, Technology

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European Investment Bank and Housing Finance Bank Collaborate to Boost Women Entrepreneurship in Uganda

Posted on 7, March 2024 by

(IN BRIEF) The European Investment Bank (EIB) and Uganda’s Housing Finance Bank (HFB) have joined forces to provide a €50 million investment aimed at supporting private sector entities, particularly SMEs, in Uganda. With a special focus on gender inclusion, at … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business

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Thales Transport Achieves Silver Accreditation for Diversity Development Standard

Posted on 7, March 2024 by

(IN BRIEF) Thales Transport in the UK has secured the EW Group’s Diversity Development Standard (DDS) Silver accreditation, underscoring its unwavering commitment to fostering equity, diversity, and inclusion (EDI) within the rail sector. Since initiating its EDI journey in 2022, … Read the full press release →

Posted in Awards, Business, France, Government, Industrial, Infrastructure & Utilities, Management, News, Society, Transportation & Logistics, United Kingdom

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European Investment Fund Fuels Blue Economy with €20 Million Aquaculture Investment

Posted on 7, March 2024 by

(IN BRIEF) The European Investment Fund (EIF) has announced a €20 million investment under the InvestEU program to support the Blue Revolution Fund, managed by Hatch Blue. This investment aims to boost early-stage aquaculture enterprises, address market deficiencies, and promote … Read the full press release →

Posted in Agriculture, Belgium, Environment, European Union, Financial, Food & Beverage, Industrial, Investment, Luxembourg, Technology

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Schroders Capital Plans UK Venture and Growth Fund with £300 Million Investment Boost

Posted on 7, March 2024 by

(IN BRIEF) Schroders Capital’s private markets investment division announces its intention to launch a UK venture and growth Long-Term Asset Fund (LTAF) with a £300 million cornerstone investment, backed by the British Business Bank (BBB) and Phoenix Group. This initiative, … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, United Kingdom

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Euronext Expands ELITE Program, Welcoming Six Portuguese Companies for Sustainable Growth

Posted on 6, March 2024 by

(IN BRIEF) Euronext, Europe’s leading market infrastructure, has expanded its ELITE ecosystem into Portugal, ushering in six diverse companies into the program. These companies, spanning sectors such as healthcare, technology, food, and manufacturing, collectively generate over 200 million Euros in … Read the full press release →

Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Portugal, Small Business

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EIB and CERUDEB Launch €100 Million Initiative to Empower Women Entrepreneurs and Rural Enterprises in Uganda

Posted on 6, March 2024 by

(IN BRIEF) The European Investment Bank (EIB) and Centenary Rural Development Bank Ltd (CERUDEB) have unveiled a landmark €100 million investment aimed at bolstering private sector enterprises in Uganda, particularly focusing on women borrowers and rural microenterprises. With 50% of … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business

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EIB Teams Up with Sunfire to Advance Green Hydrogen Production with €100 Million Venture Debt Loan

Posted on 6, March 2024 by

(IN BRIEF) The European Investment Bank (EIB) is collaborating with Sunfire, a German-based company, to support the development of solid oxide electrolysers for green hydrogen production in industrial applications. Through a venture debt loan of up to €100 million, with … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology

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Triton Unveils Merger of Assemblin and Caverion, Creating Premier Technical Service Group

Posted on 5, March 2024 by

(IN BRIEF) Triton announces the strategic combination of its portfolio companies, Assemblin and Caverion, into the newly formed Assemblin Caverion Group, headquartered in Sweden. This merger, aimed at capitalizing on complementary strengths and expanding service offerings, marks Triton’s continued investment … Read the full press release →

Posted in Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Sweden, Technology

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Siemens Launches EcoTech Label, Redefining Transparency in Product Sustainability

Posted on 5, March 2024 by

(IN BRIEF) Siemens introduces its sustainability product label approach, Siemens EcoTech, aiming to set a new standard for transparency in the industry. With Siemens EcoTech, customers gain comprehensive insight into product performance across various environmental criteria, facilitating informed decisions to … Read the full press release →

Posted in Business, Environment, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology

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Henkel’s Sustainability Report 2023 Highlights Strong Environmental and Social Progress

Posted on 4, March 2024 by

(IN BRIEF) Henkel’s recently published sustainability report for 2023 underscores the company’s significant strides in advancing its global sustainability strategy. Notable achievements include a 61 percent reduction in CO2 emissions per metric ton of product since 2010 and an increase … Read the full press release →

Posted in Business, Chemicals, Environment, Germany, Industrial, Management, News

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Henkel Achieves Robust Growth and Strategic Advancements Amid Challenging Market Conditions

Posted on 4, March 2024 by

(IN BRIEF) Henkel reports strong business performance for 2023, with sales reaching 21.5 billion euros and a significant increase in operating profit (EBIT) by 10.2 percent, alongside other notable achievements. The company’s purposeful growth agenda, including the accelerated merger of … Read the full press release →

Posted in Business, Chemicals, Economy, Financial, Government, Industrial, Investment, Management, News

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CapMan’s Strategic Move: Completes Acquisition of Dasos Capital Oy Through Directed Share Issue

Posted on 3, March 2024 by

(IN BRIEF) CapMan has finalized its acquisition of Dasos Capital Oy, a sustainable timberland investment company, through a share exchange. The Board of Directors of CapMan has authorized a directed issue of new CapMan shares to fulfill the payment obligations … Read the full press release →

Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, News

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CapMan and PwC Launch #Steps4Tukikummit Charity Campaign for Children and Youth

Posted on 1, March 2024 by

(IN BRIEF) CapMan and PwC have initiated a collaborative charity campaign, #Steps4Tukikummit, aiming to raise over EUR 100,000 for the Tukikummit foundation in support of children and youth. The campaign encourages employees and clients to walk and run together, with … Read the full press release →

Posted in Finland, Investment, Management, Non Profit, Society

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Outokumpu Completes EUR 50 Million Share Buyback Program, Acquires 11 Million Shares

Posted on 1, March 2024 by

(IN BRIEF) Outokumpu has successfully concluded its share buyback program, announced on November 29, 2023, with a total expenditure of EUR 45,669,553.67 million. Under this initiative, Outokumpu repurchased 11,000,000 of its own shares, representing approximately 2.4% of the company’s total … Read the full press release →

Posted in Business, Financial, Finland, Industrial, Investment, Metals and Minerals

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EIB Boosts Bulgarian Economy with €291 Million Financing and Advisory Support

Posted on 29, February 2024 by

(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have forged agreements with Bulgarian partners, including Allianz Bank Bulgaria (ABB) and United Bulgarian Bank (UBB), to enhance the country’s economy and advance its transition to carbon neutrality. … Read the full press release →

Posted in Banks, Bulgaria, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business

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Ahold Delhaize Releases 2023 Annual Report: Demonstrates Resilience and Commitment to Sustainability

Posted on 29, February 2024 by

(IN BRIEF) Ahold Delhaize unveils its 2023 Annual Report, highlighting its financial and non-financial performance amidst challenging circumstances. The report underscores the company’s dedication to creating value for customers and communities while advancing towards a healthier and sustainable food system. … Read the full press release →

Posted in Business, Commodities, Economy, Environment, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail

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Uniper Achieves Exceptional Financial Success in 2023, Anticipates Lower Earnings in 2024

Posted on 29, February 2024 by

(IN BRIEF) Uniper reports outstanding financial results for the 2023 fiscal year, with adjusted EBIT reaching €6,367 million, a significant improvement from the previous year. The company’s strategic hedging transactions and operational enhancements contributed to this success, particularly in its … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News

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EQT Private Capital Asia Completes Block Trade, Exits Stake in India’s CMS Info Systems

Posted on 28, February 2024 by

(IN BRIEF) EQT Private Capital Asia has finalized the sale of its remaining 26.7 percent stake in CMS Info Systems Limited, India’s foremost cash management company, through a USD 187 million block trade. During EQT’s ownership, CMS strengthened its market … Read the full press release →

Posted in Business, Financial, Government, Industrial, Investment, Management, News, Sweden, Technology

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Leading Healthcare Giant Fresenius Establishes ESG Advisory Board

Posted on 27, February 2024 by

(IN BRIEF) Fresenius, a global healthcare group, has appointed an independent advisory board to focus on sustainability issues. Comprising four experts from various fields, the board will support the development of Fresenius’ sustainability strategy. This move reflects Fresenius’ commitment to … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Germany, Healthcare, Industrial, Management, Technology

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EBRD Commits €10 Million to GapMinder Fund II to Foster Tech Innovation in Romania and Beyond

Posted on 23, February 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has allocated €10 million to GapMinder Fund II, managed by Romanian venture capital firm GapMinder, to support early-stage technology-driven companies primarily in Romania and other EBRD regions. This investment aims … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania, Technology, United Kingdom

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Swedbank’s Progress Report: Navigating Towards a Sustainable 2025 Vision

Posted on 22, February 2024 by

(IN BRIEF) In 2023, Swedbank made significant progress toward its strategic goals outlined in the “Swedbank 15/25” business plan, aiming for a sustainable return on equity by 2025. The bank focused on adapting its operations to prioritize key customer segments, … Read the full press release →

Posted in Banks, Business, Financial, Management, Security & Safety, Sweden, Technology

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Deutsche Telekom Retains Title as Germany’s Most Valuable Brand, Achieves Record-Breaking Brand Value

Posted on 22, February 2024 by

(IN BRIEF) Deutsche Telekom secures its position as the most valuable German brand, according to the BrandZ study “Top50 Most Valuable German Brands” by Kantar. With a brand value of $73.5 billion, marking an 18% contribution to the total ranking … Read the full press release →

Posted in Awards, Business, Germany, Industrial, Infrastructure & Utilities, Management, News, Technology, Telecom

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Euronext Welcomes Espe’s Renewable Energy Solutions to Milan Market

Posted on 22, February 2024 by

(IN BRIEF) Espe, an energy company based near Padua, Italy, has been listed on Euronext Growth Milan, marking its third listing in 2024 and the sixth overall on Euronext this year. The company specializes in industrial electrical and automation systems, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Italy, Technology

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Fresenius Projects Robust Earnings Growth in 2024 Following Successful 2023

Posted on 21, February 2024 by

(IN BRIEF) Fresenius had a strong finish in 2023, with a robust fourth quarter performance. They project accelerated earnings growth in 2024 due to the momentum from their #FutureFresenius initiatives. Achieving their raised outlook for FY/23, the company saw continued … Read the full press release →

Posted in Business, Financial, Healthcare, Investment, Management

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CapMan Social Real Estate Fund Expands Portfolio with Acquisition of Porcelænshaven Property in Copenhagen

Posted on 21, February 2024 by

(IN BRIEF) CapMan Social Real Estate (CMSRE) has acquired Porcelænshaven, a historic office and educational property in Frederiksberg, Copenhagen, fully leased to Copenhagen Business School (CBS). With 19,300 m2 of lettable space, the property, nestled near Frederiksberg Gardens, dates back … Read the full press release →

Posted in Business, Denmark, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate

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LSEG Sets New Standard with 26 Weeks’ Global Paid Parental Leave

Posted on 21, February 2024 by

(IN BRIEF) London Stock Exchange Group (LSEG) announces a groundbreaking enhancement to its parental leave policy, introducing 26 weeks of fully paid leave for all employees welcoming a child into their family, effective from July 1, 2024. This move, irrespective … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Management, News, Society, United Kingdom

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EIF and BT Microfinantare IFN Expand InvestEU Microfinance Guarantee for Romanian Entrepreneurs

Posted on 20, February 2024 by

(IN BRIEF) The European Investment Fund (EIF) and BT Microfinantare IFN (BT Mic) have reinforced their commitment to the InvestEU Microfinance, Social and Skills Guarantee Product, aiming to provide financial support to 10,000 microenterprises across various sectors, including agriculture, in … Read the full press release →

Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Romania, Small Business

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Swiss Re Reports Strong Financial Performance and Plans for Growth in 2024

Posted on 16, February 2024 by

(IN BRIEF) Swiss Re has announced impressive financial results for 2023, reporting a net income of USD 3.2 billion and a return on equity of 22.3%. The company’s Property & Casualty Reinsurance (P&C Re), Life & Health Reinsurance (L&H Re), … Read the full press release →

Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland

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Stellantis Achieves Record Financial Performance in 2023, Proposes Increased Dividend and Share Buyback

Posted on 15, February 2024 by

(IN BRIEF) Stellantis N.V. has announced its exceptional full-year 2023 results, with net revenues soaring to €189.5 billion, a 6% increase year-on-year, accompanied by a remarkable 11% rise in net profit to €18.6 billion. The company also reported a substantial … Read the full press release →

Posted in Automotive, Business, Financial, Industrial, Investment, Management, Netherlands, News

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thyssenkrupp’s Fiscal Performance Aligned with Expectations Despite Market Challenges

Posted on 15, February 2024 by

(IN BRIEF) thyssenkrupp’s operational performance in the first quarter of the 2023/2024 fiscal year remained steady amidst a challenging market landscape. With order intake at €8.0 billion and sales at €8.2 billion, the company faced economic effects leading to declines, … Read the full press release →

Posted in Business, Economy, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News

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European Investment Bank Group Records Historic €2.91 Billion Financing for Swedish Projects in 2023

Posted on 15, February 2024 by

(IN BRIEF) In 2023, the European Investment Bank Group (EIB Group) provided a record-breaking €2.91 billion in financing for 32 projects in Sweden. The majority of funding (76.7%) was allocated to climate action and environmental sustainability initiatives, with notable support … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, Sweden, Technology

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ABN AMRO Bank Reports Strong Q4 Performance and Sets Ambitious Financial Targets for 2026

Posted on 15, February 2024 by

(IN BRIEF) ABN AMRO Bank concludes Q4 2023 with a net profit of EUR 545 million, showcasing continued high net interest income and impairment releases. The bank’s strategic focus on digital transformation and sustainable finance regulation contributed to these results. … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News

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Vaisala Corporation Calls for Annual General Meeting to Discuss Key Agenda Items

Posted on 14, February 2024 by

(IN BRIEF) Vaisala Corporation has announced its Annual General Meeting, scheduled for Tuesday, March 26, 2024, at the company headquarters in Vantaa, Finland. The meeting agenda includes various crucial matters such as the election of board members, adoption of financial … Read the full press release →

Posted in Business, Financial, Finland, Industrial, Investment, Management, Media, News

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EIB Group Investment in Czechia Spurs Greener Infrastructure, Boosts Small Businesses, and Drives Innovation

Posted on 14, February 2024 by

(IN BRIEF) In 2023, the European Investment Bank Group (EIB Group) made significant investments totaling €1.88 billion in the Czech Republic, focusing on initiatives to enhance regional development, economic resilience, and environmental sustainability. The largest loan, amounting to €985 million, … Read the full press release →

Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Small Business, Technology

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