(IN BRIEF) VERBUND, an energy company, reported strong financial results for the first half of 2023, with a significant increase in EBITDA and Group result compared to the previous year. The improvement was attributed to falling wholesale gas and electricity … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Management, News
Tagged Financial, renewable energy, sustainability, VERBUND
(IN BRIEF) BNP Paribas has received approval from the European Central Bank for the second tranche of its 2023 share buyback program, totaling 2.5 billion euros. The first tranche of the program, also worth 2.5 billion euros, was launched in … Read the full press release
Posted in Banks, Business, Financial, France, Investment, Management, News
Tagged BNP Paribas, Financial, Share Buyback Program
(IN BRIEF) MAN Truck & Bus, a commercial vehicles manufacturer, reported strong performance in the first half of the year. Unit sales increased by 61% to 56,173 new vehicles, with sales revenue reaching €7.0 billion, a 41% year-on-year increase. The … Read the full press release
Posted in Automotive, Business, Financial, Germany, Industrial, Investment, Management, News
Tagged Financial, Inka Koljonen, MAN Truck & Bus, Reports
(IN BRIEF) RWE, a German energy company, has raised its earnings forecast for fiscal year 2023 based on strong operational performance in the first half of the year. The increase in earnings is primarily attributed to international power generation in … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Management, News
Tagged Earnings Outlook for 2023, Financial, Michael Müller, power generation, RWE
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has financed the rehabilitation of the 55-km Ciumai-Vulcanesti road section in Moldova. The road is an essential part of the strategic M3 Chișinău-Giurgiulești road, connecting Trans-European Network corridors and providing … Read the full press release
(IN BRIEF) Electrolux Group’s second-quarter report reveals a decline in net sales due to weak market demand and consumer shifts to lower price points, resulting in significantly lower volumes. Operating income was impacted by a non-recurring provision related to a … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Industrial, Investment, Management, Media, News, Sweden
Tagged Anna Ohlsson-Leijon, Asset Divestment, Electrolux Group, Financial, Jonas Samuelson, sales, Therese Friberg
(IN BRIEF) SEB has successfully completed its latest share buyback program, repurchasing SEK 1.25 billion worth of Class A shares. Following this, the Board of Directors has decided to initiate a new buyback program of the same value. The new … Read the full press release
Posted in Banks, Financial, Industrial, Investment, Management, News, Sweden
Tagged Financial, investment, SEB, Share Buyback Program
(IN BRIEF) Aegon has disclosed that a coupon rate of 3.93894% has been established for the USD Perpetual Capital Securities. Due to the discontinuation of USD LIBOR, the calculation agent was unable to determine the necessary swap rates. As a … Read the full press release
Posted in Banks, Business, Financial, Industrial, Insurance, Investment, Management, Netherlands, News
Tagged Aegon, Coupon Rate, Financial
(IN BRIEF) GRAHAM, a leading national contractor and developer, has achieved a significant milestone by surpassing £1 billion in turnover. The company’s recently published accounts show a 15.3% increase in revenue compared to the previous year, reaching £1.094 billion. GRAHAM’s … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Industrial, Management, News, United Kingdom
Tagged Andrew Bill, economy, Financial, GRAHAM, sustainability
(IN BRIEF) EnBW, a German energy company, has reported a significant increase in its first-quarter operating result, with a Group adjusted EBITDA of €2.8 billion, compared to €1.2 billion generated in the same period last year. The earnings growth was … Read the full press release
Posted in Business, Energy, Gas & Oil, Germany, Infrastructure & Utilities, Management, News
Tagged EnBW, finacial, Financial, infrastructure
(IN BRIEF) Swedish food ingredients company AAK Group has reported a 43% rise in Q1 operating profit compared to the same period last year, driven by solid performance in its food ingredients and chocolate and confectionery fats business areas. Despite … Read the full press release
Posted in Business, Financial, Food & Beverage, Industrial, Management, News, Sweden
Tagged AAK Group, Financial, Johan Westman, plant base oil
(IN BRIEF) Henkel, the German consumer goods and adhesives manufacturer, announced a strong start to the year with group sales of approximately €5.6 billion in the first quarter of 2023. The company achieved a very strong organic sales growth of … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Management, News
Tagged Carsten Knobel, Financial, Henkel, organic growth
(IN BRIEF) STMicroelectronics has announced that it has repurchased 280,175 of its ordinary shares in the period from April 24, 2023 to April 28, 2023, equivalent to 0.03% of its issued share capital, for a total price of €11,415,416.72. The … Read the full press release
Posted in Business, Financial, Investment, Management, Netherlands, News, Technology
Tagged Financial, investment, shares, STMicroelectronics
(IN BRIEF) International technology group ANDRITZ has announced significant growth in revenue and operating result, both of which increased by over 20% in the first quarter of 2023 compared to the same period the previous year. The company also reported … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Management, News, Technology
Tagged Andritz, Dr. Joachim Schönbeck, economic, Financial, Norbert Nettesheim
(IN BRIEF) Stora Enso, in its financial statement release for 2022, had indicated that its full-year 2023 operational EBIT would be lower than the previous year. However, the company’s new guidance reveals that the 2023 operational EBIT is expected to … Read the full press release
Posted in Business, Financial, Finland, Industrial, Management, News
Tagged earnings, Financial, market outlook, Stora Enso
(IN BRIEF) Skanska AB, a Swedish construction company, announces that 19,463 of its Series A shares were converted to Series B shares at the request of shareholders. The conversion of shares reduces the total number of votes in the company. … Read the full press release
Posted in Business, Construction, Financial, Management, News, Sweden
Tagged Financial, shareholders, shares, Skanska
(IN BRIEF) EnBW, the German utility, has had its outlook revised to stable by the rating agency S&P. The credit rating was confirmed at A-. The revision is due to EnBW’s solid financial performance and its commitment to reducing CO2 … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Germany, Management, News
Tagged EnBW, Financial, S&P, Thomas Kusterer
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is launching a new financing facility to help Kazakhstan reduce energy consumption and promote the use of renewable energy sources. The EBRD is providing funds of up to $150m to … Read the full press release
Posted in Banks, Construction, Economy, Environment, Financial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged EBRD, Financial, Green Economy Financing Facility II, Kazakhstan, UK
(IN BRIEF) Swedish development finance institution Swedfund has committed $5m to the Nordic Horn of Africa Opportunities Fund (NHAO), which invests in small and medium-sized Somali firms. The fund aims to provide financing for companies with around or less than … Read the full press release
Posted in Business, Economy, Financial, Investment, Management, News, Small Business, Sweden
Tagged Financial, investment, NHAO fund, SMEs, Somali, Sweden, Swedfund
(IN BRIEF) NatWest is introducing measures to protect its customers from crypto-criminals after consumers lost £329m last year. NatWest is implementing a daily limit of £1,000 and a 30-day payment limit of £5,000 to cryptocurrency exchanges to prevent customers from … Read the full press release
Posted in Banks, Business, Financial, Management, News, Security & Safety, United Kingdom
Tagged crypto-criminals, cryptocurrency, Financial, NatWest, scams, Stuart Skinner
(IN BRIEF) Intesa Sanpaolo, a financial intermediary, has been allocated €500 million out of a €1.3 billion counter-guarantee provided by the European Investment Bank (EIB) in favour of financial intermediaries for the modernisation and upgrade of the Palermo-Catania railway line … Read the full press release
Posted in Banks, Business, Financial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics
Tagged Adina Vălean, CDP, Dario Scannapieco, EIB, Ferrovie dello Stato, Financial, Gelsomina Vigliotti, Herald Ruijters, Intesa Sanpaolo, Luigi Ferraris, Matteo Salvini, Mauro Micillo, Palermo-Catania rail upgrade, Sicily, TEN-T, Trans-European Transport Network
(IN BRIEF) UniCredit Bank Austria has announced that the financing business of its third-party sales partner, Bank Austria Finanzservice, will be integrated into the bank from 1st April 2023. Bank Austria Finanzservice is the leading broker in Austria’s financing market, … Read the full press release
Posted in Austria, Banks, Business, Financial, Management, News
Tagged Bank Austria Finanzservice, Direct Sales, Financial, Financing Business, partnership, Robert Zadrazil, Securities, UniCredit Bank Austria
(PRESS RELEASE) SAN DONATO MILANESE, 25-Nov-2021 — /EuropaWire/ — Eni (BIT: ENI), an Italian multinational energy company with focus on innovation, efficiency and accessibility for all, has announced the launch of an innovative financial tool “Basket Bond – Sustainable Energy” … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Investment, News, Technology
Tagged Basket Bond, bonds, Borsa Italiana Group, circular economy, ELITE, energy chain, energy supply chain, energy transition, Eni, environmental impacts, ESG, Euronext, Financial, illimity, illimity Bank, renewable energy, supply chain, sustainability, sustainable energy, sustainable mobility, UN SDGs
(PRESS RELEASE) AMSTERDAM, 23-Nov-2021 — /EuropaWire/ — ING (AMS: INGA), a global financial institution of Dutch origin, has announced it repurchased 7,497,567 shares during the week of 15 November 2021 up to and including 19 November 2021 as part of … Read the full press release
Posted in Banks, Financial, Investment, Management, Netherlands, News
Tagged banking services, Financial, ING, ING Bank, share buyback programme, shares
(PRESS RELEASE) ZURICH, 23-Sep-2021 — /EuropaWire/ — The Association of National Numbering Agencies (ANNA), the membership organisation of national numbering agencies dedicated to the support of efficient capital markets through the use of widely embraced ISO standards, has announced the … Read the full press release
Posted in Business, Financial, Investment, Management, News, Switzerland, Technology
Tagged ANNA, ANNA Service Bureau, ASB, capital markets, CFIs, Classification of Financial Instrument codes, Cloud, CUSIP Global Services, Financial, Financial Instrument Short Names, FISNs, International Securities Identification Numbers, ISIN, ISIN ISO 6166 standard, ISINs, ISO standards, JULIAN CHAN, Marion Leslie, National Numbering Agencies, NNAs, Scott Preiss, SIX, Stephan Dreyer, The Association of National Numbering Agencies
(PRESS RELEASE) LONDON, 14-Jun-2021 — /EuropaWire/ — British financial institution Lloyds Banking Group plc announces the appointment of David Gledhill as Group Chief Operating Officer. Mr Gledhill will join the Group, subject to regulatory approval, as Group Chief Operating Officer … Read the full press release
(PRESS RELEASE) LONDON, 22-Feb-2021 — /EuropaWire/ — British multinational banking and financial services organisation HSBC announces a number of changes to its senior management team. Nuno Matos is confirmed as the CEO of Wealth and Personal Banking with immediate effect. … Read the full press release
(PRESS RELEASE) STAVANGER, Norway, 17-Dec-2020 — /EuropaWire/ — Norwegian fund management company, SKAGEN announces Torsten Slok as one of the speakers at its New Year Conference. Considered one of the world’s foremost banking economists, Torsten Slok will share his outlook … Read the full press release
Posted in Economy, Financial, Investment, News, Norway
Tagged Apollo Investment, chart guru, Conference, Deutsche Bank, Economics, economist, Financial, global economy, Holger Zschaepitz, IMF, macroeconomic overview, OECD, Outlook, SKAGEN, Torsten Slok, University of Copenhagen
(PRESS RELEASE) AMSTERDAM, 19-Jun-2020 — /EuropaWire/ — Dutch multinational banking and financial group ING has announced leadership changes. The bank’s Supervisory Board has just appointed Steven van Rijswijk, currently member of the Executive Board and chief risk officer of ING, … Read the full press release
Posted in Banks, Financial, Management, Netherlands, News
Tagged appointment, CEO, Financial, Hans Wijers, ING, Karst Jan Wolters, leadership, Ralph Hamers, Steven van Rijswijk
(PRESS RELEASE) LONDON, 5-Mar-2020 — /EuropaWire/ — EBRD now owns a stake of approximately 8.4 per cent of Addiko Bank AG. EBRD has swapped its indirect stake in the bank, which it held via a private special purpose vehicle, with … Read the full press release
(PRESS RELEASE) STOCKHOLM, Sweden, 9-Jan-2020 — /EuropaWire/ — SEB announces the appointment of Mathias Appelblad as Global Creative Director. The newly created role will help manage the brand’s journey into the future. Mathias, a seasoned creative, has strong credentials in … Read the full press release
Posted in Banks, Business, Financial, Management, Marketing, Media, News, Sweden
Tagged advertising, appointment, brand transformation, creative, Financial, marketing, Mathias Appelblad, Sara Öhrvall, SEB
(PRESS RELEASE) HELSINKI, 9-Jan-2020 — /EuropaWire/ — NIB to finance Finnish Valmet Oyj’s research and development (R&D) activities in 2019–2022. The EUR 50 million loan will mature in ten years. Valmet’s 2019–2022 R&D investment programme focuses on performance and investment … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, News, Technology
Tagged bio-based materials, digitalisation, Financial, investment, loan, NIB, R&D, research and development, resource efficiency, Valmet
(PRESS RELEASE) DUBLIN, 16-Aug-2019 — /EuropaWire/ — The Central Bank of Ireland appoints Louise Dennehy as the new Chief Information Officer and Domhnall Cullinan as the new Director of Insurance Supervision. Both appointments with effect from 1 September 2019. The … Read the full press release
Posted in Banks, Financial, Insurance, Internet & Online, Ireland, News, Technology
Tagged appointment, BANKING, Domhnall Cullinan, Ed Sibley, Financial, Gerry Quinn, insurance, IT, Kevin Garland, Louise Dennehy, The Central Bank of Ireland
(PRESS RELEASE) HELSINKI, 2-Apr-2019 — /EuropaWire/ — Sampo Group announces the appointment of Kai Sotamaa as Chief Risk Officer as of 1 April 2019. Sotamaa, 48, has previously worked as Head of Risk Management at Ilmarinen and as Financial Economist … Read the full press release
Posted in Banks, Financial, Finland, Insurance, Management, News
Tagged appointment, BANKING, Chief Risk Officer, Financial, insurance, Kai Sotamaa, risk management, Sampo Group
(PRESS RELEASE) LONDON, 27-Mar-2019 — /EuropaWire/ — A joint venture between Schroders plc and Lloyds Banking Group plc, Schroders Personal Wealth announces its executive team. Schroders Personal Wealth will be launched later this year with the aim to help more … Read the full press release
(PRESS RELEASE) BERLIN / MUNICH, 1-Feb-2019 — /EuropaWire/ — Siemens AG shareholders have, with large majorities, approved the distribution of €3.80 dividend per share for the fiscal 2018. The ratification took place during the company’s 53rd ordinary Annual Shareholders’ Meeting. The FY 2018 dividend is higher than … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Germany, Investment, Management, News, Technology
Tagged automation, digitalization, dividend, electrification, Financial, FY2018, investors, Joe Kaeser, shareholders, Siemens AG
(PRESS RELEASE) HELSINKI, 18-Jan-2019 — /EuropaWire/ — Stora Enso will publish its fourth quarter and full year 2018 Financial Results on Friday 1 February 2019 at approximately 09.30 Finnish time (08.30 CET). The following events will take place later that day: … Read the full press release
Posted in Business, Environment, Financial, Finland, Investment, Management
Tagged analysts, bioeconomy, Financial, financial results, FY2018, Helsinki, investors, Karl-Henrik Sundström, Media, press conference, Seppo Parvi, Stora Enso, Ulla Paajanen, Ulrika Lilja, webcast
(PRESS RELEASE) PARIS, 15-Jan-2019 — /EuropaWire/ — One year after the Paris Green Bond Pledge, published to mark 2017 Climate Finance Day, sixteen European companies (EDF, EDP, ENEL, ENGIE, Ferrovie Dello Stato Italiane, Iberdrola, Icade, Ørsted, RATP, SNCF Réseau, Société du … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Infrastructure & Utilities, Investment
Tagged Corporate Forum, EDF, EDP, Enel, ENGIE, Ferrovie dello Stato Italiane, Financial, Green Bonds, Iberdrola, Icade, investment, RATP, SNCF Réseau, Société du Grand Paris, SSE, Sustainable Finance, Tennet, Terna, Tideway, Vasakronan, Ørsted
(PRESS RELEASE) TRIESTE, 11-Jan-2019 — /EuropaWire/ — AM Best announced today that it has upgraded Generali’s Long–Term Issuer Credit Rating (Long–Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent). The outlook of the … Read the full press release
Confederation and cantons to receive distribution of CHF 2 billion (PRESS RELEASE) ZURICH, 09-Jan-2019 — /EuropaWire/ — According to provisional calculations, the Swiss National Bank (SNB) will report a loss in the order of CHF 15 billion for the 2018 financial … Read the full press release
Posted in Banks, Financial, Investment, Switzerland
Tagged bank, CHF, Financial, foreign currency, FY2018, gold, SNB, Swiss National Bank
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PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
