Category Archives: Technology

Technology Press Releases & News distributed via EuropaWire

Unilever Unveils Wonder Wash: A Breakthrough 15-Minute Laundry Detergent

(IN BRIEF) Unilever introduces Wonder Wash, a groundbreaking laundry detergent under its Dirt Is Good brand, designed to excel even in short 15-minute cycles. Leveraging robotics and AI, Unilever has developed a science-backed solution to address evolving laundry needs, catering … Read the full press release

Sanofi’s Frexalimab Shows Promise in Phase 2 for Treating Multiple Sclerosis

(IN BRIEF) Sanofi’s experimental CD40L antibody, frexalimab, demonstrates encouraging results in a 48-week phase 2 study for relapsing multiple sclerosis (MS). Presented at the American Academy of Neurology Annual Meeting, the data reveals sustained reduction in disease activity and favorable … 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

Metsä Group and ANDRITZ Collaborate on Revolutionary Kuura Fiber Production

(IN BRIEF) Metsä Group partners with ANDRITZ to conduct a pre-study for a groundbreaking commercial mill dedicated to producing Kuura textile fiber, a sustainable product derived from Finnish wood. This collaboration aims to develop innovative pulp pre-treatment methods, integrate textile … 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

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

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

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

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

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

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

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

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

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

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

Citycon Illuminates Retailers with Innovative Spotlight Solutions Across Nordic Centres

(IN BRIEF) Citycon introduces Spotlight, a dynamic suite of flexible solutions designed to enhance retailer visibility in its Nordic region centres, catering to the evolving retail landscape. Spotlight extends beyond traditional leasing, offering retailers prime exposure in high-traffic areas through … Read the full press release

Unveiling Genetic Responses: Study Illuminates Boron Deficiency Impact on Oilseed Rape Plants

(IN BRIEF) A collaborative study involving researchers from the Technical University of Munich, Bielefeld University, and the Leibniz Institute of Plant Genetics and Crop Plant Research sheds light on the genetic mechanisms underlying the detrimental effects of boron deficiency on … Read the full press release

Claus Valentin Hemmingsen Assumes Leadership as Chair of Ramboll Group’s Board of Directors

(IN BRIEF) Claus Valentin Hemmingsen, a prominent figure in the Danish business realm, has been appointed as the new Chair of the Board of Directors at Ramboll Group, succeeding Jeff Gravenhorst. Hemmingsen brings a wealth of experience, including his tenure … Read the full press release

Unlocking the Future of Tissue Production: ANDRITZ Webinar Explores Digitalization and AI Integration

(IN BRIEF) On April 24, 2024, ANDRITZ, a global leader in technology solutions, will host a webinar titled “Competitive Edge in Tissue: Utilizing Digitalization and AI.” The event promises to delve into the transformative potential of digital trends in tissue … Read the full press release

Digi Communications N.V. announces share transaction made by an Executive Director of the Company with class B shares

Digi Communications N.V. announces the amendment of the Company’s 2023 financial calendar

(IN BRIEF) Digi Communications N.V. CEO, Mr. Serghei Bulgac, sold 35,000 class B shares of the company’s share capital on April 11 and 12, 2024. He notified both the company and regulatory authorities about the transaction, fulfilling all notification requirements. … Read the full press release

Dr. Ivano Malavolta Receives Dutch ICT Research Prize 2024 for Advancing Energy-Efficient Robotics Software

(IN BRIEF) Dr. Ivano Malavolta, associate professor at Vrije Universiteit Amsterdam, has been awarded the prestigious Dutch Prize for ICT Research 2024 for his groundbreaking work in energy-efficient robotics software. Presented during NWO ICT.OPEN2024 by Professor Ad Ijzerman and Professor … Read the full press release

Saab’s CEO and CFO to Present Q1 2024 Interim Report

(IN BRIEF) Saab’s CEO Micael Johansson and CFO Christian Luiga are set to present the company’s interim report for January-March 2024 on April 26th at 10:00 a.m. CET. The report will be published at 07:30 a.m. CET on the same … Read the full press release

VARTA AG Evaluates Restructuring Amid Economic Challenges and Cyberattack Fallout

(IN BRIEF) VARTA AG, amidst economic challenges exacerbated by a cyberattack on its IT systems, is reassessing its restructuring program agreed upon in July 2023. The current economic situation, marked by volatile customer purchase volumes, decreased demand for energy storage … Read the full press release

Estonia Accelerates Green and Digital Initiatives with €400 Million EIB Financing

(IN BRIEF) The European Investment Bank (EIB) has approved a €400 million loan tranche to Estonia, marking the second installment of a larger €700 million loan aimed at bolstering the Estonian economy. This financing, focused on green and digital investments, … Read the full press release

BAE Systems Expands Intelligence Capabilities with Topaz Acquisition

(IN BRIEF) BAE Systems has bolstered its Modeling & Simulation Solutions (M&SS) portfolio by integrating Topaz Intelligence, LLC, acquired as part of the Ball Aerospace acquisition earlier this year. This move enhances BAE Systems’ ability to provide intelligence-as-a-service, driving agile … Read the full press release

BAE Systems’ WSF-M Satellite Launches, Enhancing Military Environmental Monitoring

(IN BRIEF) BAE Systems’ Weather System Follow-on – Microwave (WSF-M) satellite has been successfully launched, aiming to bridge critical gaps in current space-based environmental monitoring capabilities and advance military operations. The satellite, launched by the U.S. Space Force’s Space Systems … Read the full press release

East German States Lead Heating Transition, Setting Example for National Green Goals

(IN BRIEF) A survey conducted by E.ON reveals that the eastern German states are at the forefront of the heating transition, with almost three-quarters of homes renovated or partially renovated, largely due to post-reunification subsidies for building modernization. Brandenburg leads … Read the full press release

EBRD Supports Avis Greece’s Green Fleet Transition with €108.3 Million Loan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €108.3 million loan to Avis Greece to aid in the electrification of its car fleet. This investment is part of Avis Greece’s initiative to replace internal-combustion-engine vehicles … Read the full press release

EIF Commits €40 Million to Boost Sustainable Agriculture in Europe

(IN BRIEF) The European Investment Fund (EIF) is allocating €40 million to support the European Agri Transition Fund, aimed at fostering a fairer, healthier, and more sustainable food system in Europe. Managed by INOKS Capital, the fund targets SMEs and … Read the full press release

EIB and Maspex Group Seal €42 Million Deal for Sustainable Production Upgrades

(IN BRIEF) The European Investment Bank (EIB) has signed a €42 million agreement with Maspex Group, a major food and beverage producer in central and southeastern Europe, to enhance energy efficiency and sustainability across their production plants in Poland and … Read the full press release

DHL Global Forwarding Partners with Prada Group to Reduce Emissions Through Sustainable Aviation Fuel

(IN BRIEF) DHL Global Forwarding announces its collaboration with the Prada Group, marking the fashion giant’s first investment in Sustainable Aviation Fuel (SAF) credits through DHL’s GoGreen Plus service. This strategic partnership allows Prada Group to significantly reduce its transport … Read the full press release

Vodafone Intelligent Solutions’ CSR Program: Transforming Lives Through Education and Technology

(IN BRIEF) Vodafone Intelligent Solutions (VOIS) is making significant strides in its Corporate Social Responsibility (CSR) initiatives, particularly through its Brighter Futures program. Since 2018, VOIS has impacted over 375,000 individuals, focusing on community engagement, education, and digital skills development. … Read the full press release

STMicroelectronics Secures Renewable Energy Contract for Italian Operations

(IN BRIEF) STMicroelectronics, a global semiconductor leader, has inked a ten-year Power Purchase Agreement (PPA) with Centrica Energy for the supply of renewable energy to its Italian operations, starting from January 2025. The agreement, based on approximately 61 GWh of … Read the full press release