Author Archives: EuropaWire PR Editors

Naturgy Demonstrates Resilience with 20% Increase in Net Profit for 2023

(IN BRIEF) Naturgy, a prominent energy group, announced strong financial results for 2023 despite challenging market conditions. Their EBITDA increased by 11%, reaching 5,475 million euros, with a 20% rise in net profit to 1,986 million euros. The company heavily … Read the full press release

Leading Healthcare Giant Fresenius Establishes ESG Advisory Board

(IN BRIEF) Fresenius, a global healthcare group, has appointed an independent advisory board to focus on sustainability issues. Comprising four experts from various fields, the board will support the development of Fresenius’ sustainability strategy. This move reflects Fresenius’ commitment to … Read the full press release

150 Years Strong: Brenntag Reflects on Milestones and Achievements

(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, is commemorating its 150th anniversary in 2024. Originating as an egg wholesale business in Berlin in 1874, Brenntag has evolved into a DAX-listed company with a worldwide presence. Throughout … Read the full press release

A Decade of Excellence: BusStore’s Journey to European Industry Leadership

(IN BRIEF) BusStore, a leading European brand for marketing used buses under Daimler Buses, is celebrating its ten-year anniversary since opening its first site in Neu-Ulm, Germany, in February 2014. Over the past decade, BusStore has expanded its network to … Read the full press release

Mistral AI Advances AI Accessibility: Unveils Mistral Large and Mistral Small Language Models, Integration with Azure Platform

(IN BRIEF) Mistral AI, an AI company, has introduced Mistral Large, its latest advanced language model, offering top-tier reasoning capabilities and multilingual proficiency. It’s now accessible through Azure, in addition to their platform. They’ve also launched Mistral Small, optimized for … Read the full press release

Driving Toward a Greener Future: Daimler Buses Launches Hydrogen-Powered Mercedes-Benz eCitaro G fuel cell

(IN BRIEF) Daimler Buses introduces the groundbreaking Mercedes-Benz eCitaro G fuel cell at the mobility move 2024 conference in Berlin. This electric articulated bus, featuring NMC3 batteries and hydrogen fuel cell technology, offers an impressive range of up to 400 … Read the full press release

Hungary Expands Gripen Fleet: Saab Signs Contract for Four New Aircraft

(IN BRIEF) Saab has secured a contract with the Swedish Defence Materiel Administration (FMV) to deliver four additional Gripen C fighter aircraft to Hungary. This follows an amendment to an existing agreement dating back to 2001. With this order, Hungary’s … Read the full press release

Austria’s Military Modernization: Skyranger 30 Systems to Bolster Air Defence Capabilities

(IN BRIEF) Austria is set to bolster its air defence capabilities with the procurement of 36 Skyranger 30 air defence systems mounted on Pandur EVO 6×6 vehicles from GDELS. This collaboration between Rheinmetall and GDELS marks a significant milestone in … Read the full press release

Next-Level 5G Experience: Ericsson and Telefónica Launch Innovative Network Slicing Solution

(IN BRIEF) Ericsson and Telefónica have introduced a pioneering initiative allowing consumers to access enhanced 5G services through on-demand network slicing. Tested at the 5TONIC Lab in Madrid, this proof of concept enables subscribers to customize their service experience with … Read the full press release

DHL Group and ICC to Unveil GoTrade Summit Insights at WTO Ministerial Conference

(IN BRIEF) DHL Group and the International Chamber of Commerce (ICC) are collaborating to host a side event during the 13th World Trade Organization (WTO) Ministerial Conference in Abu Dhabi. The event aims to share key insights from the GoTrade … Read the full press release

Vodafone and Recommerce© Unveil Sustainable Shift: Europeans Favor Refurbished Phones

(IN BRIEF) The latest Recommerce© Barometer, presented in collaboration with Vodafone during Mobile World Congress 2024 in Barcelona, reveals a significant surge in European consumer interest in refurbished smartphones. Key findings indicate that over half of Europeans are now open … Read the full press release

Early Forest Fire Detection System Launched in Laguna Primera de Palos Wetland by Vodafone and CEPSA

(IN BRIEF) Vodafone and CEPSA have teamed up to protect the Laguna Primera de Palos wetland in Huelva, Spain, using an innovative IoT solution. The system, powered by solar panels, detects forest fires early by identifying initial combustion particles. Successfully … Read the full press release

The latest on quantum computing in Europe, January 2023 – February 2024

(IN BRIEF) Europe has made significant progress in quantum computing with investments, partnerships, and innovations. Highlights include a €3.5 million investment in LioniX International by the University of Twente, and T-Systems offering cloud access to IBM’s quantum systems. Other developments … Read the full press release

Green Shipping Advancement: WinGD and Mitsubishi Shipbuilding Finalize Ammonia Fuel System Design

(IN BRIEF) Swiss marine power company WinGD and Japanese shipbuilder Mitsubishi Shipbuilding Co., Ltd. have completed the initial design of an ammonia fuel supply system (AFSS) for vessels powered by WinGD’s ammonia-fueled engines. This collaboration aims to develop solutions for … Read the full press release

Ørsted Expands Footprint in Korea with Incheon Offshore Wind Project Agreement

(IN BRIEF) Ørsted, a global renewable energy leader, has partnered with Incheon Metropolitan City, Korea, to develop an offshore wind power industry in the region. The collaboration aims to establish a local wind power sector centered around Ørsted’s 1.6 GW … Read the full press release

Aluminium Giant Hydro Collaborates with HILT CRC on Emission Reduction

(IN BRIEF) Hydro, a global aluminium producer, has partnered with the Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) to advance decarbonization efforts. Through this collaboration, Hydro aims to leverage research expertise and innovative technologies to reduce emissions in … Read the full press release

Revolutionizing Skincare: Evonik Invests in Jland Biotech to Launch Vegan Collagen

(IN BRIEF) Evonik has partnered with Jland Biotech to introduce vegan collagen for cosmetic and personal care applications. Through an investment from Evonik’s Venture Capital group, the collaboration aims to meet the rising demand for sustainable collagen solutions in skincare. … Read the full press release

Swedbank’s Progress Report: Navigating Towards a Sustainable 2025 Vision

(IN BRIEF) In 2023, Swedbank made significant progress toward its strategic goals outlined in the “Swedbank 15/25” business plan, aiming for a sustainable return on equity by 2025. The bank focused on adapting its operations to prioritize key customer segments, … Read the full press release

Schroders Solutions Guides Vector Pension Scheme to £114 Million Bulk Annuity Buy-In

(IN BRIEF) Vector Pension Scheme, a client of Schroders Solutions, has completed a £114 million bulk annuity buy-in with Standard Life, securing retirement benefits for its 1,800 members. Schroders Solutions, with its vast global capability, collaborated closely with Vector Pension … Read the full press release

Kapsch TrafficCom Wins Connected and Automated Vehicle Award for Queensland Road Safety Project

(IN BRIEF) Kapsch TrafficCom, a key player in intelligent transportation systems, partnered with the Queensland Department of Transport and Main Roads (TMR) for a project in Queensland, Australia. Their collaboration led to the implementation of portable Cooperative Intelligent Transport Systems … Read the full press release

Euronext Welcomes Espe’s Renewable Energy Solutions to Milan Market

(IN BRIEF) Espe, an energy company based near Padua, Italy, has been listed on Euronext Growth Milan, marking its third listing in 2024 and the sixth overall on Euronext this year. The company specializes in industrial electrical and automation systems, … Read the full press release

UK Energy Transition Outlook 2024: DNV Highlights Need for Policy Clarity

(IN BRIEF) DNV, a leading independent energy expert, released its 2024 UK Energy Transition Outlook (ETO) report, highlighting the urgent need for the UK Government to prioritize long-term policy clarity and consistency to drive the transition away from fossil fuels. … Read the full press release

Partnership Between Saab and Thales to Modernize Singapore’s Air Traffic Management Infrastructure

(IN BRIEF) Saab and Thales have announced a partnership at the Singapore Airshow 2024 to modernize Singapore’s Air Traffic Management (ATM) infrastructure. They plan to integrate Saab’s Integrated Digital Tower Suite (I-DTS) with Thales’ OpenSky platform to establish a unified … Read the full press release

Enhancing Flight Safety: Malaysia Airlines Invests in Thales Avionics Technology

(IN BRIEF) Malaysia Airlines has announced a partnership with Thales to equip 20 of its Airbus A330neo aircraft with advanced avionics solutions. This includes Thales’ Flight Management System (FMS) and ACSS’ Traffic Collision Avoidance Systems (T3CAS®). The collaboration marks the … Read the full press release

Thales Alenia Space Launches Merah Putih-2 Satellite, Aiding Digital Expansion in Indonesia

(IN BRIEF) The Merah Putih-2 telecommunications satellite, formerly known as Telkomsat HTS 113BT, was successfully launched from Cape Canaveral, Florida, atop a SpaceX Falcon9 rocket. Designed to bolster connectivity infrastructure across Indonesia, the satellite aims to enhance digital businesses and … Read the full press release

Thales Unveils Cutting-Edge Solutions for Secure Mobile and IoT Connectivity at Mobile World Congress

(IN BRIEF) Thales, a global leader in digital security, is showcasing its latest innovations at the Mobile World Congress. They’re highlighting their contributions to securing mobile and IoT connectivity, including revolutionizing eSIM management, simplifying IoT deployments, leading 5G security, and … Read the full press release

Skanska AB Sets Agenda for Upcoming Annual General Meeting

(IN BRIEF) Skanska AB (publ), a leading construction and development company, has announced its Annual General Meeting (AGM) scheduled for March 27, 2024, in Stockholm, Sweden. Shareholders are invited to attend or vote by proxy, with key agenda items including … Read the full press release

Fresenius Projects Robust Earnings Growth in 2024 Following Successful 2023

(IN BRIEF) Fresenius had a strong finish in 2023, with a robust fourth quarter performance. They project accelerated earnings growth in 2024 due to the momentum from their #FutureFresenius initiatives. Achieving their raised outlook for FY/23, the company saw continued … Read the full press release

Ingka Group’s Investment Arm Acquires 23,883 Hectares of Forestland Across the Baltics for Responsible Forest Management

(IN BRIEF) Ingka Investments, the investment arm of Ingka Group, has acquired 23,883 hectares of land, including 19,276 hectares of forestland, across Finland, Estonia, and Latvia. This acquisition aligns with their commitment to responsible forest management. The properties contain a … Read the full press release

Innovative TU/e Master’s Student Creates SUWEVE to Enhance Wheelchair Mobility

(IN BRIEF) Wouter Witteman, a master’s student in Embedded Systems at Eindhoven University of Technology (TU/e), is known for his innovative solutions. His latest venture, SUWEVE, aims to improve wheelchair mobility by allowing users to face backward while being pushed. … Read the full press release

Evonik to Introduce New Class of rPEG Lipids for Enhanced Immunogenicity in Drug Delivery

(IN BRIEF) Evonik has partnered with the University of Mainz to commercialize a new class of polyethylene glycols (PEGs) called randomized polyethylene glycols (rPEGs). These rPEGs will be integrated into Evonik’s specialized lipid platform for drug delivery in nucleic acid-based … Read the full press release

DNV’s ReWind Pilot Demonstrates Cost and Time Savings in Wind Turbine Decommissioning

(IN BRIEF) DNV has successfully piloted ReWind, a digital service aimed at enhancing the sustainability of wind turbine decommissioning. The pilot involved seven customers across seven countries, resulting in significant time and cost savings compared to traditional methods. ReWind automates … Read the full press release

Kapsch TrafficCom Implements MLFF Tolling System on Vital French Highways

(IN BRIEF) Kapsch TrafficCom has been awarded a tolling contract by APRR (Autoroutes Paris-Rhin-Rhône) to implement a Multi-Lane Free Flow (MLFF) tolling system on key autoroutes in France. This project involves installing nearly 30 gantries along approximately 430 kilometers of … Read the full press release

Tech Advancements: Thales Establishes Avionics and Cybersecurity Hub in Singapore

(IN BRIEF) Thales is expanding its presence in Singapore by establishing a Centre of Excellence for avionics and Digital Identity & Security engineering footprint. These initiatives, in collaboration with the Singapore Economic Development Board, aim to strengthen Thales’ position as … Read the full press release

Exploring Mars from Earth: Thales Alenia Space’s MARSBalloon Initiative Takes Flight

(IN BRIEF) Thales Alenia Space launches MARSBalloon 2024, a hands-on science project for primary and secondary students, aiming to spark interest in space exploration and science careers. Students design experiments to test various materials and conditions in a simulated Mars … Read the full press release

E.ON Unveils Strategic Brand Realignment to Champion Sustainable Energy Future

(IN BRIEF) E.ON, a prominent energy company, is undergoing a strategic brand realignment to reflect its active role in driving the energy transition towards sustainability. The new brand positioning emphasizes E.ON’s commitment to shaping Europe’s sustainable energy future and taking … Read the full press release

Innovative Network Expansion: Vodafone Unveils Open RAN Sites in 20 Romanian Cities

(IN BRIEF) Vodafone is deploying Open Radio Access Network (RAN) sites across 20 cities in Romania, building on successful trials in Europe and commercial deployment in the UK. Open RAN offers a more flexible and innovative approach to mobile networking, … Read the full press release

Innovative Vehicle Security: trinamiX and Continental Showcase Face Authentication at MWC

(IN BRIEF) trinamiX GmbH and Continental unveil innovative Face Authentication technology for vehicles at the Mobile World Congress. The system offers secure, contactless vehicle access and ignition via biometric user authentication, seamlessly integrated into the B-pillar and driver display. It … Read the full press release

Vectron Locomotives: Railpool’s Strategic Investment with Siemens Mobility

(IN BRIEF) Railpool and Siemens Mobility have entered into a significant agreement for the delivery of up to 250 locomotives, with Railpool initially calling up 70 Vectron locomotives. These locomotives, including multisystem and AC variants, will enhance Railpool’s operational flexibility … Read the full press release

Art Meets Technology: Volkswagen Group Elevates Dialogue on Digitalization and AI in Art with Two-Year Partnership

(IN BRIEF) The Volkswagen Group has partnered with the KW Institute for Contemporary Art in Berlin for a two-year project called “KW Digital: Poetics of Encryption.” This initiative explores the impact of digitalization and artificial intelligence on art and society. … Read the full press release