Monthly Archives: July 2020

Henkel to acquire a 75 percent stake in the company that owns the fast-growing premium direct-to-consumer brands: Hello Body, Banana Beauty and Mermaid+Me

Further expanding digital D2C platforms in the beauty segment Leveraging 1:1 relationships to capture superior consumer insights Adding strong digital capabilities and unique brand building expertise (PRESS RELEASE) DÜSSELDORF, 31-Jul-2020 — /EuropaWire/ — German chemical and consumer goods company Henkel … Read the full press release

Schneider Electric supports new venture that will expedite production capacity of low-carbon batteries in southern Europe

(PRESS RELEASE) PARIS, 30-Jul-2020 — /EuropaWire/ — Schneider Electric together with its partners EIT InnoEnergy and the GROUPE IDEC support Verkor, a French industrial company in its aim to amplify battery cell production in Europe. The new venture will accelerate … Read the full press release

Digi Communications N.V. announces the publishing of Independent Limited Assurance Report issued by the external auditor of the Company on 30 July 2020 regarding the information included in the current reports issued by the Company under Law 24/2017 (Article 82) and FSA Regulation no. 5/2018

(PRESS RELEASE) BUCHAREST, Romania, 30-Jul-2020 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on July 30, 2020, the Independent Limited Assurance Report issued by the external auditor of the Company on 30 July 2020 regarding the … Read the full press release

Telekom and Wacken organizers bring the biggest mixed reality metal show to the virtual stage

Deutsche Telekom and organizer provide initial insight into the mixed-reality event Kreator, Sabaton and In Extremo headlining Free live stream on MagentaMusik 360 and MagentaTV (PRESS RELEASE) BONN, 29-Jul-2020 — /EuropaWire/ — German telecommunications company, Deutsche Telekom and the Wacken … Read the full press release

Siemens helps Genoa’s urban mobility to become more energy-efficient and sustainable

Compact, space-saving design of the depot charging infrastructure Smart charging with power of up to 100 kilowatts (kW) per bus Rampini electric buses equipped with 200 kWh battery pack (PRESS RELEASE) MUNICH, 29-Jul-2020 — /EuropaWire/ — Siemens announces that Genoa’s … Read the full press release

Telefónica and Axiata partner over cybersecurity, cloud, IoT/Big Data

The two companies join forces in a strategic partnership under the Telefónica Partners Program The agreement leverages on the companies’ footprints in Asia, Europe and Latin America and the growing demand of these services in these regions It focuses on … Read the full press release

Ericsson to provide 24, 28 and 39 GHz millimeter wave equipment and services to U.S. Cellular

(PRESS RELEASE) STOCKHOLM, 28-Jul-2020 — /EuropaWire/ — Swedish multinational networking and telecommunications company Ericsson has announced it has been selected by U.S. Cellular, a mobile network operator which owns and operates the fourth largest wireless telecommunications network in the United … Read the full press release

Development options to be explored at Bashrush discovery in North El Hammad concession following successful well testing

(PRESS RELEASE) MILAN, 28-Jul-2020 — /EuropaWire/ — Italian multinational oil and gas company, Eni together with its partners bp and Total have successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession, in the … Read the full press release

New Customer Data Platform Options Emerge During Pandemic Slowdown: CDP Institute Report

CDP Institute Logo New

(PRESS RELEASE) SWARTHMORE, PA, U.S.A., 28-Jul-2020 — /EuropaWire/ — The Customer Data Platform industry continued to grow in the first half of 2020, but at a slower pace as cautious buyers absorbed pandemic-related budget cuts and assessed new entries from … Read the full press release

Digi Communications N.V. announces The Competition Council authorized the economic concentration accomplished by the Company’s Romanian subsidiary („RCS&RDS”) by gaining control over some of the assets held by Akta Telecom S.A., Digital Cable Systems S.A. and ATTP Telecommunications S.R.L.

(PRESS RELEASE) BUCHAREST, Romania, 27-Jul-2020 — /EuropaWire/ — The Company would like to inform its investors and the market that on July 24, 2020, the Competition Council issued the decision no. 38/21.07.2020 („RCC Decision”), authorising the economic concentration acomplished by RCS&RDS … Read the full press release

Heathrow 2020 summer getaway season: extended short-haul, low-cost destinations network; anti-viral and contactless technologies to ensure flying remains safe despite COVID-19

25 new sunny and low-cost destinations can be reached from Heathrow Routes offered as UK holidaymakers are finally able to travel between low-risk countries without the need to quarantine on return Heathrow has led the way and deployed industry-leading anti-viral … Read the full press release

Euler Hermes on Norwegian government’s NOK 20 billion (~ EUR 1.9 billion) support of the intercompany trade credit market

Landmark NOK 20bn support scheme agreed between government and private sector insurers Norwegian businesses will continue to benefit from extensive credit cover as economy emerges from lockdown (PRESS RELEASE) OSLO, 24-Jul-2020 — /EuropaWire/ — The world leader in trade credit … Read the full press release

Vattenfall and EVBox to color the public chargers in Amsterdam during Dutch Pride Week in support of LGBTQ youth

(PRESS RELEASE) STOCKHOLM, 24-Jul-2020 — /EuropaWire/ — Swedish multinational power company Vattenfall and EVBox, Amsterdam based electric vehicle charging solutions provider, have announced that a team of volunteers from both companies have rainbow colored the public chargers in Amsterdam in … Read the full press release

Bankinter resultados 1S 2020: cifras de ingresos récord; la inversión crediticia crece un 7%

El beneficio del Grupo se reduce un 64,7% debido a las provisiones extraordinarias de 192,5 millones de euros para afrontar el cambio de escenario macroeconómico y por la ausencia de los extraordinarios de 2019. La inversión crediticia crece un 7%, … Read the full press release

Sika in 1H2020: Despite COVID-19 growth in local currencies; focus on cash flow and liquidity; more favorable market conditions expected in 2H2020

Sales growth of 2.9% in local currencies to CHF 3,614.6 million (–3.2% in CHF) High negative currency effect of –6.1% (impact of minus CHF 225 million in sales and CHF 29 million in EBIT) Maintained high EBITDA margin of over … Read the full press release

Unilever 1H-2020: business demonstrates resilience; cash flow up; dividend maintained

(PRESS RELEASE) LONDON, 23-Jul-2020 — /EuropaWire/ — British-Dutch multinational consumer goods company Unilever has announced its results for the first half of 2020, which show that overall underlying sales declined 0.1%, with developed markets up 2.4% and emerging markets down … Read the full press release

Rio Tinto Diamonds: despite unprecedented challenges due to COVID-19 pandemic the company safeguards the livelihoods of many in the industry

(PRESS RELEASE) LONDON, 23-Jul-2020 — /EuropaWire/ — Leading global metals and mining corporation Rio Tinto has announced it continued to produce and market its diamonds throughout the challenges posed by the COVID-19 pandemic. Rio Tinto, 100 per cent owner of … Read the full press release

ŠKODA’s new all-electric SUV to debut on 1 September in Prague

Silhouette offers a foretaste of the new all-electric SUV from ŠKODA ENYAQ iV is ŠKODA’s first model based on the Volkswagen Group’s Modular Electrification Toolkit (MEB) (PRESS RELEASE) MLADÁ BOLESLAV, 22-Jul-2020 — /EuropaWire/ — Czech automobile manufacturer ŠKODA, part of … Read the full press release

Iberdrola 1H-2020: €1.84 billion net profit; reaffirms its guidance for the end of the year

(PRESS RELEASE) BILBAO, 22-Jul-2020 — /EuropaWire/ — Spanish multinational electric utility company Iberdrola has announced its first half of 2020 results including guidance for the entire 2020. Commenting on the results, Ignacio Galán, CEO of Iberdrola, said that the company … Read the full press release

NIB loans EUR 17 million to Moelven Industrier for new wood pellet and bioenergy plant at Sokna, Norway

(PRESS RELEASE) HELSINKI, 22-Jul-2020 — /EuropaWire/ — The international financial institution with focus on the Nordic and Baltic countries The Nordic Investment Bank (NIB) has announced it will provide NOK 200 million (EUR 17.73 million) to Moelven Industrier ASA in … Read the full press release

India’s largest integrated telco Airtel to launch Ericsson Operations Engine

Agreement covers nationwide AI-driven managed services, network and IT automation for Airtel’s India mobile operations Three-year partnership aims to transform existing operations with new capabilities introduced through Ericsson Operations Engine Solution will deliver e2e customer-centric operations, optimization and enhanced network … Read the full press release

wpd signs Power Purchase Agreement with Polish ENGIE subsidiary

(PRESS RELEASE) BREMEN, 21-Jul-2020 — /EuropaWire/ — German developer and operator of onshore and offshore wind farms, wpd records further success in the marketing of wind power in Poland. wpd has signed A Power Purchase Agreement (PPA) with ENGIE Zielona … Read the full press release

Vattenfall starts recruitment process for new President and CEO as Magnus Hall steps down

(PRESS RELEASE) STOCKHOLM, 21-Jul-2020 — /EuropaWire/ — Swedish multinational power company, Vattenfall announces that its President and CEO Magnus Hall has decided to leave the company after nearly six years. The Board of Directors will now initiate the recruitment process … Read the full press release

Covestro announces the extension of contract of Board Member and CFO Dr. Thomas Toepfer until 2026

(PRESS RELEASE) LEVERKUSEN, 20-Jul-2020 — /EuropaWire/ — German producer of specialty chemicals, Covestro AG announces the decision of its Supervisory Board to extend the contract of Board of Management member Dr. Thomas Toepfer earlier than scheduled by five years from … Read the full press release

Arkema acquires high-performance thermobonding adhesive powders specialist Fixatti

(PRESS RELEASE) COLOMBES, France, 20-Jul-2020 — /EuropaWire/ — Specialty chemicals and advanced materials company, Arkema announces the proposed acquisition of Fixatti, a company specialized in high-performance thermobonding adhesive powders. The acquisition is part of Bostik’s targeted growth strategy in high … Read the full press release

TABS Score™ Expands its European Footprint; Begins Partnership Discussions Amongst Key Players in EU Venture Ecosystem

TABS Score™ Expands its European Footprint; Begins Partnership Discussions Amongst Key Players in EU Venture Ecosystem

The TABS Suite has added an EU-focused assessment that will more accurately be able to conduct diligence on companies based and operating in the European Union (PRESS RELEASE) MOUNTAIN VIEW, Calif., United States, 20-Jul-2020 — /EuropaWire/ — TABS Score™ has … Read the full press release

EBRD instrumental in key energy efficiency laws adopted by Georgia aimed at helping the country strengthen its energy links with the EU

Government of Georgia adopts key energy efficiency laws Focus on reducing energy intensity while strengthening resilience of the economy EBRD supported drafting of reform concept (PRESS RELEASE) LONDON, 17-Jul-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) … Read the full press release

5G Future Forum: first technical specifications will be made available in 3Q 2020 to enable global interoperability for 5G and Multi-access Edge Computing (MEC) deployment

(PRESS RELEASE) BERKSHIRE, 17-Jul-2020 — /EuropaWire/ — The 5G Future Forum, a newly established group of global 5G leaders, among which is Vodafone, working to accelerate the delivery of Multi-access Edge Computing-enabled solutions around the world, has announced it will … Read the full press release

CUPRA’s new touring racecar the CUPRA Leon Competición to debut this coming weekend at the 2020 TCR Italy

CUPRA completes construction of the first CUPRA Leon Competición units The new model makes its debut this coming weekend at the 2020 TCR Italy Defending champion Salvatore Tavano will be at the wheel of the CUPRA touring racecar (PRESS RELEASE) … Read the full press release

LBBW and KfW IPEX-Bank to fund the expansion of Karaburun wind farm in Turkey

(PRESS RELEASE) FRANKFURT, 16-Jul-2020 — /EuropaWire/ — German banks Landesbank Baden-Württemberg (LBBW) and KfW IPEX-Bank, a wholly owned subsidiary of KfW, will provide funding for the expansion of the Karaburun wind farm located just near by Izmir in Turkey. The … Read the full press release

Aviva sells 76% shareholding in Friends Provident International Limited (“FPIL”) to International Financial Group Limited (“IFGL”) for £259 million

(PRESS RELEASE) LONDON, 16-Jul-2020 — /EuropaWire/ — British multinational insurance company, Aviva plc (“Aviva”) announces the closing of the sale of Friends Provident International Limited (“FPIL”) to RL360 Holding Company Limited (“RL360”), a subsidiary of International Financial Group Limited (“IFGL”). … Read the full press release

Audi TechFocus newsletter: Audi emerges as leader in patent applications related to electric powertrains in Germany

(PRESS RELEASE) INGOLSTADT, 15-Jul-2020 — /EuropaWire/ — German luxury automobile manufacturer Audi, part of Volkswagen Group, has announced the premiere of its new technology online newsletter called “Audi TechFocus”. In its first issue the focus is on patents as Audi … Read the full press release

ANDRITZ delivers resource-saving PrimeLineTM W6 tissue machine to Arkhbum Tissue Group LLC in Russia

(PRESS RELEASE) GRAZ, 15-Jul-2020 — /EuropaWire/ — Austrian plant engineering group, ANDRITZ delivers 5.6 m wide PrimeLineTM W6 tissue machine to Arkhbum Tissue Group LLC in Vorsino (Kaluga region), Russia. Only a few weeks after start-up, the tissue production line … Read the full press release

Vattenfall announces the departure of Karin Lepasoon, Senior Vice President and Head of Group Communications

(PRESS RELEASE) SOLNA, 15-Jul-2020 — /EuropaWire/ — Swedish multinational power company, Vattenfall announces that its Senior Vice President and Head of Group Communications Karin Lepasoon, has decided to leave the company and will start a position at SEB. Karin joined … Read the full press release

Frankfurt-based technology group Brockhaus Capital Management AG goes public on the Frankfurt Stock Exchange

Technology group with focus on high-margin and high-growth technology champions (PRESS RELEASE) FRANKFURT, 14-Jul-2020 — /EuropaWire/ — Deutsche Börse Group has announced that Brockhaus Capital Management AG (ISIN: DE000A2GSU42), a technology group with focus on high-margin and high-growth technology champions, … Read the full press release

Co-op Funeralcare report: 9.7 million mourners had no chance to say their last goodbye at their loved one’s funeral

UK’s leading funeral provider estimates that 9.7 million mourners have been denied the opportunity to say their last goodbye at their loved one’s funeral 59% of bereaved UK adults said their grief process has been negatively affected by the lockdown … Read the full press release

Skandinaviska Enskilda Banken AB (SEB) one of five banks chosen to execute Sweden’s EUR 2 billion first green bond

(PRESS RELEASE) STOCKHOLM, 14-Jul-2020 — /EuropaWire/ — The leading Nordic corporate bank Skandinaviska Enskilda Banken AB (SEB) will be the joint lead manager for Sweden’s first green bond. SEB is one of five banks with a mandate to execute the … Read the full press release

DNV GL’s My Care™ methodology used to assess infection risk management onboard Color Line’s vessels

(PRESS RELEASE) OSLO, 14-Jul-2020 — /EuropaWire/ — The international accredited registrar and classification society DNV GL has announced that Color Line, a cruiseferry line operating on routes to and from Norway, had its infection prevention program verified by DNV GL. … Read the full press release

Total 2019 dividend: 62% of rights were exercised in favour of receiving the payment for the final 2019 dividend in shares

(PRESS RELEASE) PARIS, 14-Jul-2020 — /EuropaWire/ — French energy group Total has announced the results of the option to receive the final 2019 dividend in shares. The company’s shareholders meeting which was held on May 29, 2020, offered the option … Read the full press release