Author Archives: EuropaWire PR Editor

EIB to Unveil New Financial Support for Ukraine and Climate-Affected Nations at Annual IMF and World Bank Meetings

(IN BRIEF) The European Investment Bank (EIB) will announce new financial support for Ukraine and innovative funding solutions for climate-affected nations at the 2024 International Monetary Fund and World Bank Annual Meetings. Led by President Nadia Calviño, the EIB delegation … Read the full press release

TotalEnergies to Sell Brazilian Fuel Distribution Network to SIM Distribuidora as Part of Strategic Shift

(IN BRIEF) TotalEnergies has signed an agreement to sell its fuel distribution business in Brazil to SIM Distribuidora, a company under Grupo Argenta. The deal includes approximately 240 fuel stations and several storage facilities. This move is part of TotalEnergies’ … Read the full press release

HENSOLDT and Raytheon Strengthen Partnership with New MoU to Boost NATO EO/IR Systems Readiness

(IN BRIEF) At the AUSA 2024 conference, HENSOLDT and Raytheon signed a Memorandum of Understanding (MoU) to enhance cooperation on Electro-Optical/Infrared (EO/IR) systems for NATO forces. The agreement aims to improve sustainment and readiness by bringing support closer to operational … Read the full press release

Celebrating Democratic Design: IKEA and VINÇON Collaborate on New Exhibition at DHUB Barcelona

(IN BRIEF) IKEA and VINÇON are collaborating on an exhibition at Disseny Hub Barcelona, running until February 2025, which explores the shared vision of both brands to democratize design. Titled “100 IKEA Objects We Would Have Liked to Have Had … Read the full press release

Sandvik’s Impossible Statue Campaign Wins Multiple Golds at Swedish Content Awards and International Accolades

(IN BRIEF) The Impossible Statue campaign, a collaboration between Sandvik Manufacturing and Machining Solutions and the Sandvik Group, continues to win accolades, receiving two golds at the Swedish Content Awards in the categories of Employer Branding and Industry & Energy. … Read the full press release

Wolters Kluwer Provides Key Compliance Resources for Startups Ahead of Corporate Transparency Act Reporting Deadline

(IN BRIEF) Wolters Kluwer CT Corporation is helping startups navigate the Beneficial Ownership Information (BOI) filing requirements under the Corporate Transparency Act (CTA) by offering resources such as a white paper and podcast. As the deadline approaches, many startups seek … Read the full press release

Elia Group Study Calls for Enhanced European Cooperation to Maximize Offshore Wind Power Potential

(IN BRIEF) The Elia Group’s new study, “Going like the Wind”, emphasizes the need for stronger cross-border cooperation among European nations to unlock the full potential of offshore wind power in the North Sea, Baltic Sea, Irish Sea, and parts … Read the full press release

ASSA ABLOY to Sell Citizen ID Division to TOPPAN in Strategic Move

(IN BRIEF) ASSA ABLOY has agreed to sell its Citizen ID business, part of HID, to TOPPAN. Citizen ID specializes in providing physical and mobile identity solutions for government programs, employing around 450 people across facilities in Ireland, Malta, and … Read the full press release

Salzgitter AG Highlights SALCOS® Green Steel Initiative at EuroBLECH 2024 for Carbon-Reduced Futureb

(IN BRIEF) Salzgitter AG is preparing to showcase its SALCOS® transformation program at EuroBLECH 2024, a major sheet metal trade fair in Hannover. SALCOS® is a groundbreaking initiative aimed at reducing the company’s carbon emissions in steel production by 95% … Read the full press release

Hiab Unveils MULTILIFT TALON to Revolutionize Defence Logistics with Advanced Automation

(IN BRIEF) Hiab, part of Cargotec, has unveiled the MULTILIFT TALON, a cutting-edge container handling system designed to transform logistics for defence forces. The new system allows for automated transitions between Flatrack and ISO Container modes directly from the vehicle … Read the full press release

Airbus, Kansai Airports, and Kawasaki Partner to Explore Hydrogen Infrastructure for Future Aviation in Japan

(IN BRIEF) Airbus, Kansai Airports, and Kawasaki Heavy Industries have signed an agreement to explore the feasibility of hydrogen infrastructure at three key airports in Japan’s Kansai region. This collaboration is part of Airbus’s “Hydrogen Hub at Airports” initiative, which … Read the full press release

EIB and European Environment Agency Deepen Partnership to Drive Climate Action and Biodiversity Protection

(IN BRIEF) The European Investment Bank (EIB) and the European Environment Agency (EEA) have strengthened their collaboration through a new Memorandum of Understanding (MoU) to promote climate action, biodiversity protection, and sustainable finance. The partnership will focus on sharing data, … Read the full press release

EIB Supports BeDimensional with €20 Million to Boost Graphene Production and Green Tech Innovation in Europe

(IN BRIEF) The European Investment Bank (EIB) has provided €20 million in financing to BeDimensional SpA, an Italian materials manufacturer, to expand production of advanced graphene and other two-dimensional materials. This investment, backed by the InvestEU programme, will help BeDimensional … Read the full press release

EIB and Malta Development Bank Collaborate to Boost Green Investments with New Green Gateway Report

(IN BRIEF) EIB Vice President Kyriacos Kakouris presented the Green Gateway Report during a visit to the Malta Development Bank (MDB). The report, part of a broader €30 million EIB-funded initiative, outlines opportunities to fast-track climate action and green investments … Read the full press release

ANDRITZ Expands Tissue Production in Vietnam with Successful Start-up of Fifth Machine at Xuan Mai Paper Mill

(IN BRIEF) ANDRITZ has successfully started up its fifth PrimeLineCOMPACT S 1800 tissue machine at Xuan Mai Paper mill in Ho Chi Minh City, Vietnam, significantly increasing the mill’s production capacity. The machine produces high-quality tissue from virgin or deinked … Read the full press release

CMU OmniClear and SIX Partner to Boost Cross-Border Securities Investment

(IN BRIEF) CMU OmniClear Limited, a subsidiary of the Hong Kong Monetary Authority, has signed a Memorandum of Understanding (MOU) with SIX to enhance cooperation in securities depository and settlement services. This partnership aims to strengthen cross-border investment opportunities by … Read the full press release

Novo Nordisk’s Alhemo® Recommended for European Approval as First Once-Daily Subcutaneous Treatment for Haemophilia A and B with Inhibitors

(IN BRIEF) Novo Nordisk’s Alhemo® (concizumab) has been recommended for approval by the European Medicines Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP). If approved, Alhemo® will become the first once-daily subcutaneous prophylactic treatment for people aged 12 … Read the full press release

Capgemini Report: Generative AI Set to Revolutionize Entry-Level Careers and Redefine Management Roles

(IN BRIEF) The latest report from the Capgemini Research Institute reveals that generative AI (Gen AI) is expected to significantly impact entry-level careers and management roles across industries. Over the next year, Gen AI could take on 32% of entry-level … Read the full press release

Leasys Launches Digital Marketplace to Boost Low-Emission Vehicle Rentals Across Europe

(IN BRIEF) Leasys has launched its new e-commerce platform, Leasys e-Store, as part of its European digitalization strategy. The platform enables customers to rent low-emission and electric vehicles online through a secure, user-friendly interface. Initially launched in the Netherlands, the … Read the full press release

Sanofi and Orano Med Partner to Drive Development of Advanced Radioligand Cancer Therapies

(IN BRIEF) Sanofi and Orano Med have partnered to accelerate the development of next-generation radioligand therapies (RLTs) for rare cancers. By combining their expertise, they aim to advance treatments using lead-212 (212Pb) alpha-emitting isotopes, which target and destroy cancer cells … Read the full press release

Husqvarna Expands Professional Robotic Mower Line with Four New Boundary Wire-Free Models

(IN BRIEF) Husqvarna Group has unveiled four new robotic lawn mowers designed for professional use, including the 580L EPOS, 580 EPOS, 560 EPOS, and an updated 535 AWD EPOS. These boundary wire-free models feature GPS navigation and selectable cutting patterns, … Read the full press release

Husqvarna Group Names Maha Elkharbotly as New President of Gardena Division to Drive Innovation and Expansion

(IN BRIEF) Husqvarna Group has appointed Maha Elkharbotly as the new President of its Gardena Division and added her to the executive management team. Elkharbotly, who has held leadership roles at DSM Firmenich, LIXIL, Grohe, and Whirlpool, brings extensive experience … Read the full press release

German Researchers Advance 6G Technology with Focus on Security, Digital Twins, and Telediagnostics

(IN BRIEF) Researchers at the Technical University of Munich (TUM) and TU Dresden are leading initiatives to develop 6G mobile communication technologies, with commercial availability expected by 2030. These projects focus on key advancements such as digital twins for reliable … Read the full press release

HENSOLDT to Provide Advanced Radar Systems to Boost Australia’s Air Surveillance and Space Operations

(IN BRIEF) HENSOLDT has secured a contract with Space Centre Australia (SCA) to deliver two high-performance Air Surveillance Radar – Next Generation (ASR-NG) systems and provide a 20-year sustainment plan. The radar systems will enhance airspace management in Australia, supporting … Read the full press release

SEDEMAC Leverages Siemens Xcelerator to Streamline Electric Vehicle Motor Control Development

(IN BRIEF) SEDEMAC has adopted Siemens’ Xcelerator portfolio, including Polarion™ X and Teamcenter® X software, to streamline the development of its motor control units for electric vehicles, hybrids, eBikes, and power tools. By integrating these tools, SEDEMAC aims to enhance … Read the full press release

Green Mobility Partners Enters European Leasing Market with Siemens Mobility’s Vectron Locomotives

(IN BRIEF) Green Mobility Partners, a new player in the European locomotive leasing market, has ordered up to 50 Vectron MS locomotives from Siemens Mobility, with an initial purchase of eight units. The Vectron locomotives, known for their cross-border travel … Read the full press release

Plenitude Begins Construction on 220 MW Solar Facility in Salamanca, Enhancing Spain’s Renewable Energy Capacity

(IN BRIEF) Plenitude has commenced construction on a 220 MW solar power plant in Villarino de los Aires, Salamanca, which will be one of the largest in the Castilla y León region. The project, expected to produce over 400 GWh … Read the full press release

EIF Commits €100 Million to Boost Green Energy Projects in Scandinavia through Prime Capital Fund

(IN BRIEF) The European Investment Fund (EIF) has committed €100 million to the Prime Green Energy Infrastructure Fund II (PGEIF II), managed by Prime Capital AG, to support renewable energy projects in Scandinavia. This brings the fund’s total size to … Read the full press release

New €86M EIF and Malta Initiative to Boost SME Competitiveness and Unlock €60M in Investments

(IN BRIEF) The European Investment Fund (EIF) and the Government of Malta have launched a new €86 million initiative to support small and medium-sized enterprises (SMEs) in Malta. The first phase involves a €30 million guarantee through Bank of Valletta, … Read the full press release

EIB and KCB Partner to Boost Kenyan SMEs, Empower Women and Youth with €230M Investment

(IN BRIEF) The European Investment Bank (EIB Global) and KCB Bank Kenya have formed a €230 million (KShs. 32 billion) partnership to support small and medium enterprises (SMEs), with a focus on women and youth-led businesses in Kenya. The investment, … Read the full press release

EIB Backs Vay’s Expansion of Remote-Driven Car-Sharing in Europe with €34 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to Vay, a German teledriving technology company, to support its expansion in Europe. Vay’s innovative system allows vehicles to be remotely driven by trained drivers from a … Read the full press release

Zalando Revolutionizes Online Shopping with Advanced 3D Avatars in Virtual Fitting Rooms

(IN BRIEF) Zalando has introduced an enhanced virtual fitting room that allows customers to create personalized 3D avatars using their own body measurements. This new feature, available in 14 European markets, enables shoppers to virtually try on Levi’s clothing, offering … Read the full press release

Stadler Partners with SZU to Modernize Signalling Systems and Deliver New Trains for Zurich Rail Network

(IN BRIEF) Stadler Signalling AG has entered into a partnership with Sihltal Zürich Uetliberg Bahn (SZU) to modernize SZU’s signalling systems by 2034 as part of the SZU_4.0 modernization initiative. The 34 million franc contract includes upgrading signal boxes and … Read the full press release

FrieslandCampina Secures Strong Investor Demand with €300 Million Hybrid Bond Issuance

(IN BRIEF) Royal FrieslandCampina N.V. has issued a €300 million hybrid bond to proactively refinance an existing bond set to reset in December 2025. The bond was well received by institutional investors, with orders exceeding €1.2 billion. The bond carries … Read the full press release

Schneider Electric Boosts Data Center Leadership with Acquisition of Liquid Cooling Specialist Motivair

(IN BRIEF) Schneider Electric has acquired a 75% controlling interest in Motivair Corporation, a leader in advanced liquid cooling solutions for high-performance computing and data centers. The acquisition strengthens Schneider’s position in the data center market as demand for efficient … Read the full press release

TÜV Rheinland to Showcase Advanced Energy and Hydrogen Solutions at Eco Expo Asia 2024

(IN BRIEF) TÜV Rheinland Hong Kong will showcase innovative energy solutions, including waste-to-energy and hydrogen technologies, at Eco Expo Asia 2024. The company’s display will focus on promoting carbon neutrality and sustainable development across various sectors such as energy and … Read the full press release

SDX and RULEMATCH Partner to Revolutionize Crypto Trading and Custody for Financial Institutions

(IN BRIEF) SDX and RULEMATCH have partnered to offer a comprehensive solution for financial institutions to trade, settle, and securely manage crypto assets. The partnership integrates SDX’s custody services with RULEMATCH’s trading and settlement platform, allowing institutions to trade without … Read the full press release

Capgemini Report Highlights Generative AI’s Role in Transforming Entry-Level Careers and Management Practices

(IN BRIEF) The latest report from the Capgemini Research Institute, titled Gen AI at Work: Shaping the Future of Organizations, reveals how generative AI (Gen AI) is poised to significantly impact entry-level careers and organizational structures across industries. The study … Read the full press release

Aalborg University Researchers Discover Genetic Marker Linked to Severe Ulcerative Colitis, Paving the Way for Personalized Treatment

(IN BRIEF) Researchers have identified the genetic variant HLA-DRB1*01:03, which is strongly linked to severe ulcerative colitis. About 3% of patients carry this variant, and of those, over 40% required major surgery within three years of diagnosis. (PRESS RELEASE) AALBORG, … Read the full press release

Alstom Delivers First Driverless Train for Chennai Metro Phase II, Boosting Sustainable Urban Mobility

(IN BRIEF) Alstom has delivered the first driverless metro train for Chennai Metro’s Phase II, as part of a larger order of 36 trains. Manufactured entirely in India under the ‘Make in India’ initiative, the trains are designed for efficient, … Read the full press release