Monthly Archives: September 2020

Inmarsat devices and services now available in Virgin Megastores in UAE

(PRESS RELEASE) LONDON, 22-Sep-2020 — /EuropaWire/ — British satellite telecommunications company Inmarsat (LSE: ISAT) has announced that its distribution partner in the United Arab Emirates (UAE) Global Beam Telecom has signed an agreement with Virgin Megastore in UAE to make … Read the full press release

Credit Suisse study: pension situation in Switzerland likely to deteriorate considerably in the future without far-reaching reforms

(PRESS RELEASE) ZURICH, 22-Sep-2020 — /EuropaWire/ — Credit Suisse (SWX: CSGN), a global wealth manager, investment bank and financial services firm, has released its study on retirement provision in Switzerland showing that the path to early retirement is becoming more difficult. … Read the full press release

Suez 2030 transformation strategy update: results exceed our objectives

EPS1 from €0.75 to €0.80 in 2021 and up to €1.0 in 2022 Ordinary dividend at €0.65 paid in 2021 and growing to €0.70 in 2022 Exceptional dividend or share buyback of at least €1bn as soon as possible and by … Read the full press release

Startups Immersive Storylab, Envisage Space, IoT Horizon, Alphabiolabs and LR Consultancy move to STFC’s Daresbury Laboratory

(PRESS RELEASE) SWINDON, 22-Sep-2020 — /EuropaWire/ — The Science and Technology Facilities Council (STFC), a United Kingdom government body and part of UK Research and Innovation, has announced that five promising startups have chosen to relocate their businesses at Daresbury … Read the full press release

Professor Sir Steve Smith donates in support of University of Exeter’s first ever Giving Day

(PRESS RELEASE) EXETER, 22-Sep-2020 — /EuropaWire/ — The University of Exeter, a public research university, has announced that its former Vice-Chancellor, Professor Sir Steve Smith, has supported its first ever Giving Day with a donation of £10,000 to the scholarship … Read the full press release

Pyrum Innovations AG to expand tire pyrolysis capacity with EUR 16 million backing from BASF SE

Investment will support construction of additional production capacities for pyrolysis oil Milestone in establishing a circular economy for post-consumer plastic waste Pyrolysis oil will partly replace fossil feedstock and be used for demanding plastic applications (PRESS RELEASE) LUDWIGSHAFEN, 21-Sep-2020 — … Read the full press release

BAE Systems to supply Archerfish mine neutralisers for the US Navy in a EUR 95 million contract with US Department of Defense

(PRESS RELEASE) FARNBOROUGH, 21-Sep-2020 — /EuropaWire/ — BAE Systems (LON: BA), a British multinational defence, security, and aerospace company, has announced it won a major contract worth up to £87 million (~EUR 95 million) by the US Department of Defense … Read the full press release

Lloyds Bank’s UK Recovery Tracker: Tourism and recreation sectors in UK outperforming their international counterparts in August 2020

13 of the 14 UK sectors tracked by Lloyds Bank’s UK Recovery Tracker were ahead of the global recovery benchmark in August. Transport was the only UK sector to report a decline in output in August, with automotive, healthcare, chemicals … Read the full press release

German Federal Ministry of Education and Research (BMBF) funds pilot plant by Evonik and Siemens Energy that will rely on carbon dioxide and water to produce chemicals

Evonik and Siemens Energy put pilot plant into operations Artificial photosynthesis closes carbon dioxide cycle The Federal Ministry of Education and Research is funding the various project stages with more than €6 millionund Siemens Energy nehmen Versuchsanlage in Betrieb (PRESS … Read the full press release

Barclays to invest 28 million EUR in Barrenjoey, an Australia-based full-service financial services firm

(PRESS RELEASE) LONDON, 21-Sep-2020 — /EuropaWire/ — British multinational investment bank and financial services company, Barclays to become a foundation investor in Barrenjoey Capital Partners (“Barrenjoey”), a newly-established Australia-based full-service financial services firm. Barrenjoey, launching in mid-2021, will provide corporate … Read the full press release

Zurich to plant 1 million trees to restore biodiversity at Brazil’s Atlantic Forest

(PRESS RELEASE) ZURICH, 21-Sep-2020 — /EuropaWire/ — Zurich Insurance Group (Zurich) announces an exclusive reforestation sponsorship in The Atlantic Forest initiative in Brazil. The targeted, sustainable reforestation project will see 1 million trees planted to transform a barren farmland back … Read the full press release

Syniti Launches Podcast Series to Address Growing Focus on Mergers, Acquisitions and Divestitures, featuring Leading CEOs

(PRESS RELEASE) BOSTON, MA, U.S.A., 18-Sep-2020 — /EuropaWire/ — Syniti, a leader in enterprise data management, announced today the launch of a global weekly podcast series, the “CEO TO CEO Podcast.” This new podcast focuses on delivering exclusive insights for … Read the full press release

The COVID-19 vaccine based on Sanofi’s recombinant protein-based technology and GSK’s pandemic adjuvant system secures 300 million doses order from the European Commission (EC)

Agreement signed today supports scale-up of manufacturing capabilities in several European countries Vaccine candidate uses Sanofi’s recombinant protein-based technology combined with GSK’s pandemic adjuvant system (PRESS RELEASE) PARIS, 18-Sep-2020 — /EuropaWire/ — Sanofi (EPA: SAN), a global biopharmaceutical company focused … Read the full press release

Roche unveils new Anti-SARS-CoV-2 serology test to quantitatively measure antibodies in people exposed to SARS-CoV-2

The new Elecsys Anti-SARS-CoV-2 S test can quantitatively measure the level of antibodies against SARS-CoV-2 in patients who have been exposed to the virus. The test  targets antibodies against the spike protein. This is the focus of vaccines in development … Read the full press release

ESMO Virtual Congress 2020: Libtayo positive pivotal data offer hope for the treatment of advanced basal cell carcinoma, a difficult-to-treat cancer

Libtayo is the first investigational medicine to show a clinical benefit in advanced basal cell carcinoma following treatment with a hedgehog inhibitor in a prospective trial 31% objective response rate seen in trial patients, and an estimated 85% of responses … Read the full press release

Dr. Jean-Christophe Rufin to succeed Xavier Darcos as President of Sanofi Espoir Corporate Foundation

(PRESS RELEASE) PARIS, 18-Sep-2020 — /EuropaWire/ — Sanofi (EPA: SAN), a global biopharmaceutical company focused on human health, has announced it has appointed Dr. Jean-Christophe Rufin as President of the Sanofi Espoir Corporate Foundation, aimed at reducing inequalities in health … Read the full press release

Gartner recognition for Capgemini as a Leader for communications service providers worldwide

(PRESS RELEASE) PARIS, 18-Sep-2020 — /EuropaWire/ — Capgemini, French multinational leader in consulting, digital transformation, technology and engineering services, has announced it has been positioned as a Leader in Gartner’s 2020 “Magic Quadrant for IT Services for Communications Service Providers, … Read the full press release

Leading Wireless Edge WAN 4G and 5G Enterprise solutions company Cradlepoint acquired by Ericsson for USD 1.1 billion

Ericsson acquires the market-leader for Wireless Edge WAN solutions for an enterprise value of USD 1.1 b. Acquisition complements Ericsson’s enterprise offerings and creates valuable new revenue streams for customers Transaction expected to close during Q4 2020, subject to merger … Read the full press release

Allianz Benelux (Belgium) to transfer closed book of classical life retail insurances and 4,500 mortgage loans to Monument Assurance Belgium (MAB)

Allianz successfully executing its Life strategy to move to modern capital light insurance products, mainly Branch 23 and protection in Belgium As a next step Allianz is to sell 95,000 policies that are part of its closed classical life retail … Read the full press release

Siemens Energy to supply components for the new 150MW simple cycle power plant in Saidpur, Rangpur, Bangladesh

150MW simple cycle power plant for Saidpur, Rangpur as part of the country’s utility expansion in power generation Siemens Energy is supplying components that will aid the plant’s optimal fuel usage in full and part load operation for long-term sustainability … Read the full press release

Schneider Electric with 3rd factory to receive the distinction of 4th Industrial Revolution (4IR) Advanced Lighthouse by WEF

Lexington is the third Smart Factory designated as an Advanced Lighthouse and the first End-to-End Lighthouse representing a milestone in Schneider Electric’s digital transformation Lexington’s digital energy management strategy leverages IIoT connectivity, Edge analytics, and predicative analytics to drive energy … Read the full press release

Savills UK office report: still far too early to assess the true impact of homeworking on businesses

(PRESS RELEASE)LONDON, 17-Sep-2020 — /EuropaWire/ — Savills, a global real estate services provider, has released a new report on the UK regional office market (excluding central London and the South East). According to the report the UK regional office market … Read the full press release

Neste on Sweden leading the way in sustainable aviation

(PRESS RELEASE) ESPOO, 17-Sep-2020 — /EuropaWire/ — Neste (HEL: NESTE), Finish oil refining and marketing company and one of the most sustainable companies in the world, comments on Sweden becoming a frontrunner in sustainable aviation. Sweden has an ambitious target … Read the full press release

Productivity breakthrough: Ricoh unveils the Ricoh Ri 2000 Direct to Garment (DTG) printer

(PRESS RELEASE) LONDON, 16-Sep-2020 — /EuropaWire/ — Ricoh (TYO: 7752), Japanese multinational imaging and electronics company, has announced the launch of the Ricoh Ri 2000 Direct to Garment (DTG) printer. With the launch the company responds to the needs of … Read the full press release

Carsten Franke to succeed Jan Brockmann as Electrolux Group COO effective October 1, 2020

(PRESS RELEASE) STOCKHOLM, 16-Sep-2020 — /EuropaWire/ — Electrolux AB (STO: ELUX-B), a global leader in household appliances and appliances for professional use, has announced leadership changes to the Group Managemet. The company has appointed Carsten Franke as new Chief Operations … Read the full press release

Ericsson’s ConsumerLab study “Augmenting the daily commute”: 80 percent likely to return to their usual commute post COVID-19

(PRESS RELEASE) STOCKHOLM, 16-Sep-2020 — /EuropaWire/ — Swedish multinational networking and telecommunications company Ericsson (NASDAQ: ERIC) has released the latest study from its ConsumerLab titled “Augmenting the daily commute”. The report uncovers consumer behavior both before and during the COVID-19 … Read the full press release

Ericsson leverages AI and ML capabilities to help communications service providers more effectively isolate, predict and prevent network issues

(PRESS RELEASE) STOCKHOLM, 16-Sep-2020 — /EuropaWire/ — Swedish multinational networking and telecommunications company Ericsson (NASDAQ: ERIC) has announced it has strengthened its AI-powered Support Services portfolio with unique data-driven capabilities that enable communications service providers to effectively isolate, predict and … Read the full press release

Tom Erixon nominated as the new Chairman of ÅF Pöyry AB Board

(PRESS RELEASE) STOCKHOLM, 16-Sep-2020 — /EuropaWire/ — ÅF Pöyry AB (STO: AF-B), a Swedish engineering services company, has announced that its Nomination Committee has decided to propose Tom Erixon as the new Chairman of the Board of ÅF Pöyry AB … Read the full press release

5G core security: Ericsson’s integrated Packet Core Firewall powered by A10 Networks now ready for cloud native deployments

All-in-one cloud native solution combines user plane security and advanced security functions seamlessly integrated with Ericsson Packet Core Gateway Packet Core Firewall provides proactive protection to manage internet, roaming and access threats, addressing security in mobile broadband and IoT-to-the-edge use … Read the full press release

Onshore Wind: Vattenfall, energy cooperative Almeerse Wind to increase capacity of Jaap Rodenburg wind farm in Almere-Pampus

(PRESS RELEASE) STOCKHOLM, 15-Sep-2020 — /EuropaWire/ — Vattenfall, Swedish government-owned multinational power company, has announced it will be working with energy cooperative Almeerse Wind to replace the ten existing wind turbines at the existing Jaap Rodenburg wind farm in Almere-Pampus … Read the full press release