Category Archives: Management

Management Press Releases & News distributed via EuropaWire

Ahold Delhaize Establishes NextCo Advisory Board to Represent Next Generation Voices

(IN BRIEF) Ahold Delhaize, a global retail giant, introduces NextCo, an advisory board to the Executive Committee (ExCo), aiming to incorporate the perspectives of the next generation into strategic decision-making processes. Comprised of six Millennial leaders from key countries where … Read the full press release

Mercedes-Benz eActros 600 Enters Customer Testing with Contargo and Remondis

(IN BRIEF) Mercedes-Benz launches the customer testing phase for its battery-electric eActros 600, with Contargo and Remondis as the pioneering partners. The e-trucks, set to revolutionize long-distance haulage, will be utilized by Contargo for container transport between Wörth am Rhein … Read the full press release

Evotec Appoints Aurélie Dalbiez as Chief People Officer to Drive Organizational Excellence

(IN BRIEF) Evotec SE announces the appointment of Aurélie Dalbiez as their new Chief People Officer (CPO), effective June 15, 2024. Joining the Management Board, Aurélie brings over 25 years of international Human Resources leadership experience, previously serving as the … Read the full press release

Fortum Commits to Clean Energy Future with Malta Hydropower Plant Modernization

(IN BRIEF) Fortum embarks on a EUR 20 million investment to modernize the historic Malta hydropower plant in Uvån, Sweden, dating back to 1914. This extensive modernization aims to enhance the plant’s efficiency, extend its lifespan, and increase annual production … Read the full press release

MYTILINEOS and Powerledger Revolutionize Energy Transparency in Greece

(IN BRIEF) MYTILINEOS Energy & Metals, in collaboration with Protergia and Powerledger, introduces groundbreaking energy provenance tracking and tracing features in Greece. This innovative partnership empowers consumers to track their energy sources in near real-time, visualize their carbon footprint, and … Read the full press release

Long-Term Study Shows Sustained Efficacy of Kesimpta in Treating Relapsing Multiple Sclerosis

(IN BRIEF) Novartis revealed promising data from the ALITHIOS open-label extension study, highlighting the enduring effectiveness of Kesimpta® (ofatumumab) in treating relapsing multiple sclerosis (RMS) over a span of up to six years. The study, presented at the American Academy … Read the full press release

Unveiling Milan’s Medieval Legacy: Ancient Walls Rediscovered in De Amicis Station

(IN BRIEF) In a fascinating blend of modern infrastructure and historical preservation, Milan’s upcoming De Amicis station on the M4 line has unveiled a hidden treasure: sections of the ancient city walls of the Naviglio. Constructed by Webuild, the station’s … Read the full press release

Siemens Unveils Next-Generation Simatic S7-1200 G2 Controllers at Hannover Messe 2024

(IN BRIEF) Siemens announces the forthcoming release of the Simatic S7-1200 G2 controllers, set to debut in winter 2024, marking the first new generation of controllers in a decade. Promising enhanced motion control, flexible machine safety features, increased performance, and … Read the full press release

Kering and Festival de Cannes Honor Donna Langley with 2024 Women In Motion Award

(IN BRIEF) Kering and the Festival de Cannes are set to bestow the prestigious 2024 Women In Motion Award upon Dame Donna Langley, Chairman of NBCUniversal Studio Group and Chief Content Officer, during an official dinner in Cannes. Langley’s illustrious … Read the full press release

Rise of Automated Threats: Imperva Report Reveals Alarming Trends in Bot Traffic

(IN BRIEF) Thales, through its cybersecurity division Imperva, released the 2024 Imperva Bad Bot Report, highlighting a concerning trend of escalating automated bot traffic on the internet. The report reveals that bad bots, accounting for 32% of all internet traffic, … Read the full press release

EIB and Seine-Maritime Department Invest €150 Million in School Modernization

(IN BRIEF) The European Investment Bank (EIB) has signed a €150 million, 25-year finance contract with the French department of Seine-Maritime, aiming to modernize the learning environments of 13,000 pupils across the region. This initiative, part of the department’s Plan … Read the full press release

EIB Grants €400 Million Loan for Green Energy Grid Expansion in Thuringia

(IN BRIEF) The European Investment Bank (EIB) is providing a €400 million loan to Thüringer Energie AG (TEAG), a municipal energy supplier in Thuringia, Germany, to upgrade and digitize the electricity grid. This investment, totaling around €600 million, aims to … Read the full press release

Telefónica 100 Live: Celebrating a Century with Music and Charity

(IN BRIEF) Telefónica announces “Telefónica 100 Live”, a concert to celebrate its 100th anniversary, set to take place at the Santiago Bernabéu Stadium on Saturday, May 18. The event will feature performances by renowned artists such as Alejandro Sanz, Hombres … Read the full press release

Vodafone Appoints Marika Auramo as CEO of Vodafone Business

(IN BRIEF) Vodafone announced the appointment of Marika Auramo as the new CEO of Vodafone Business, effective from July 1, 2024. Marika brings over 25 years of experience in the global IT industry, having served in various leadership positions at … Read the full press release

Nagarro Reports 6.5% Revenue Growth in 2023: Annual Financial Results Unveiled

(IN BRIEF) Nagarro, a global digital engineering leader, disclosed its audited financial figures for 2023, showcasing consistent performance with a 6.5% revenue increase year-over-year (YoY). Despite facing excess capacity due to growth moderation, the company saw revenue climb to €912.1 … Read the full press release

PUMA x Mercedes-AMG PETRONAS F1 Team: Unveiling the Crews Go Summer Collection

(IN BRIEF) PUMA collaborates with the Mercedes-AMG PETRONAS F1 Team to introduce the Crews Go Summer Collection, seamlessly blending the team’s iconic identity with casual streetwear silhouettes. Each piece in the collection, from hoodies to shorts and shirts, exudes track … Read the full press release

Paris 2024 Torch Relay: Countdown to Spectacular Celebration Begins

(IN BRIEF) With only 100 days until the Paris 2024 Olympic Games, anticipation builds as the Olympic Flame prepares to be ignited in Olympia, Greece. The Flame’s journey to France will commence with a historic ceremony featuring the participation of … Read the full press release

A Hub of Creative Collaboration Redefining Luxury

(IN BRIEF) Bulgari unveils Bulgari Studio, a groundbreaking platform fostering co-creation and innovation, particularly focusing on reimagining iconic pieces like the B.zero1 ring and introducing new creations like the Bulgari Roma bag and Bulgari Bulgari watches. This initiative marks a … Read the full press release

Ahold Delhaize Repurchased 900,000 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize announces the repurchase of 900,000 common shares between April 8 and April 12, 2024, as part of its €1 billion share buyback program initiated in November 2023. With shares bought at an average price of €26.94 … Read the full press release

MAHLE’s Remarkable Rebound: Record Sales and Strategic Success in 2023

(IN BRIEF) MAHLE, a leading automotive supplier, marks a significant turnaround in its business trajectory with record sales of €12.8 billion in 2023, despite global challenges and rising costs. The company reports a positive group result and a notable increase … Read the full press release

Covestro Unveils Innovative Textile Solutions at Techtextil 2024

(IN BRIEF) Covestro, a leading polymer manufacturer, showcases its latest innovations at Techtextil 2024 in Frankfurt. With a focus on sustainability and productivity, Covestro presents four teams highlighting its diverse portfolio, including waterborne INSQIN® products for sustainable textile coatings, Desmomelt® … Read the full press release

DNV Unveils Billion-Dollar Opportunity: Collaborative Decarbonization in ASEAN

(IN BRIEF) A new study by DNV reveals that collaborative efforts towards decarbonizing the energy supply in ASEAN member states could lead to a staggering reduction of USD 800 billion in costs by 2050. The study contrasts three scenarios: individual … Read the full press release

Evonik Showcases Sustainable Solutions at China Feed Industry Expo 2024

(IN BRIEF) Evonik is set to underscore the importance of supply security and sustainability in its amino acids portfolio at the China Feed Industry Expo 2024. With a focus on animal nutrition, the company will introduce its latest products and … Read the full press release

Amazonia Connect Initiative Promotes Sustainable Livestock Farming in Brazil

(IN BRIEF) Partners, producers, and stakeholders convened in Pará, Brazil, for a gathering centered around sustainable livestock farming, organized as part of the Amazonia Connect program. Hosted by consortium partners including USAID, Solidaridad, Earth Innovation Institute, National Wildlife Federation, and … Read the full press release

Multilateral Development Banks Unveil Global Vision for Circular Finance at WCEF 2024

(IN BRIEF) During the World Circular Economy Forum (WCEF) 2024 in Brussels, leading multilateral development banks (MDBs) presented their Circular Economy Working Group’s shared vision on the role of MDBs in supporting the circular economy. The session, titled “Shaping a … Read the full press release

EIB Board Greenlights €4.3 Billion Investment Across Europe for Sustainable Development

(IN BRIEF) The European Investment Bank (EIB) Board of Directors approved €4.3 billion in financing for projects spanning Austria, Czech Republic, France, Germany, Hungary, Italy, Lithuania, and Slovakia. The funding will support sustainable transport, renewable energy, water and waste treatment, … Read the full press release

Multilateral Development Banks Unveil Shared Vision for Circular Economy at WCEF 2024

(IN BRIEF) During the World Circular Economy Forum (WCEF) 2024, Multilateral Development Banks (MDBs) revealed their collaborative vision on the role of MDBs in advancing the circular economy. Emphasizing the significance of circularity in achieving sustainable and equitable development, MDB … Read the full press release

EIB President Leads Delegation to Washington DC for Multilateral Development Meetings

(IN BRIEF) The European Investment Bank (EIB) Group, led by President Nadia Calviño, is set to participate in the 2024 Spring Meetings of the International Monetary Fund and the World Bank Group in Washington DC. The delegation, including Vice-Presidents Ambroise … Read the full press release

Lviv Completes Urban Mobility Upgrade with New Tram Fleet Amid War, Thanks to EIB Loan

(IN BRIEF) Lviv, a city in western Ukraine, celebrates the successful implementation of a project aimed at enhancing urban mobility, marked by the acquisition of ten low-floor trams. Financed by a €17.4 million loan from the European Investment Bank (EIB), … Read the full press release

BII and FMO Join Forces to Propel BECIS’ Clean Energy Expansion in South and South-East Asia

(IN BRIEF) British International Investment (BII) and FMO have collaborated to provide a joint loan commitment of US$50 million to BECIS, a leading Energy as a Service (EaaS) provider in South-East Asia. This financing will support BECIS’ ambitious plans to … Read the full press release

Schroders Capital Expands PDCA Business with Key Senior Appointments

(IN BRIEF) Schroders Capital’s Private Debt and Credit Alternatives (PDCA) division has announced the addition of two senior professionals to its team, signaling the firm’s commitment to meeting the growing client demand for income and income alternatives. Jason Kezelman joins … Read the full press release

Rheinmetall’s MS Motorservice Implements State-of-the-Art High-Bay Storage System in Neuenstadt

(IN BRIEF) Rheinmetall’s subsidiary, MS Motorservice International GmbH, is set to construct a cutting-edge high-bay storage facility at its Neuenstadt plant, aimed at automating the storage of Euro-pallets. The investment, equipped with advanced conveyor technology and connected to various warehouse … Read the full press release

Hydro Energi AS Secures Long-Term Power Deal with Swiss Provider Alpiq

(IN BRIEF) Hydro Energi AS recently finalized a significant long-term power purchase agreement (PPA) with Swiss energy provider Alpiq, spanning from 2025 to 2033. The agreement entails the delivery of 0.54 TWh of power, contributing to Hydro’s Nordic power portfolio, … Read the full press release

BBVA Launches Miami Office for Latin American Wealth Management

(IN BRIEF) BBVA Global Wealth Advisors (GWA) recently inaugurated its Miami office, marking a strategic move to cater to high-net-worth Latin American clients seeking investment advisory services. With over 30 professionals, the Miami-based unit aims to provide tailored solutions to … Read the full press release

Lloyds Bank Completes Groundbreaking Paperless Trade Deal Using eBL and dPN

(IN BRIEF) In a significant milestone for digital trade, Lloyds Bank has executed its first transaction employing an electronic Bill of Lading (eBL) on the WaveBL platform, marking a move towards entirely paperless exchanges in international trade. Partnering with Somerset-based … Read the full press release

Heathrow Whisky Festival Takes Off, Celebrating Spirit of Travel

(IN BRIEF) Heathrow Airport launches its annual Whisky Festival, running from April 15 to May 14, offering travellers a month-long celebration of whisky culture. The festival boasts expert-led masterclasses, exclusive product launches, and whisky-infused menu items across the airport’s terminals. … Read the full press release

AstraZeneca’s IMPACT CKD Model Forecasts Alarming Rise in Chronic Kidney Disease by 2032

(IN BRIEF) AstraZeneca’s IMPACT CKD model predicts a significant increase in chronic kidney disease (CKD) across eight countries, with up to 16.5% of the population affected by 2032, including a substantial rise in advanced-stage cases. Presented at the 2024 ISN … Read the full press release

Claudia Arney Appointed Chair of Kingfisher plc Board, Succeeding Andrew Cosslett

(IN BRIEF) After seven years as Chair of the Board, Andrew Cosslett will step down from Kingfisher plc’s Board of Directors at the conclusion of the Company’s AGM on June 20, 2024. Claudia Arney, an Independent Non-Executive Director since November … Read the full press release

Vinci Invests €50 Million in NatPower SA, Expands Renewable Energy Portfolio

(IN BRIEF) VINCI, a leading infrastructure and construction company, has completed a €50 million investment in NatPower SA, a renewable energy platform operating in Italy, Great Britain, and the United States. This investment involves acquiring 10% of NatPower SA’s share … Read the full press release

Chicony Power Recognizes Infineon as GaN Strategic Partner of the Year

(IN BRIEF) Chicony Power Technology has awarded Infineon Technologies AG the prestigious title of “GaN Strategic Partner of the Year” for 2023. This recognition highlights Infineon’s outstanding contributions as a top partner in gallium nitride (GaN)-based power supplies, particularly in … Read the full press release