Author Archives: EuropaWire PR Editor

EIB Partners with Croatian Cities to Address Affordable Housing Challenges

(IN BRIEF) The European Investment Bank (EIB) is partnering with five Croatian cities—Zagreb, Rijeka, Split, Osijek, and Varaždin—to address rising demand for social and affordable housing. Through an advisory agreement funded by the InvestEU Advisory Hub, the EIB will provide … Read the full press release

Global Development Banks Unite to Strengthen Impact Through G20-Endorsed Roadmap

(IN BRIEF) The leaders of 10 multilateral development banks (MDBs) welcomed the G20’s endorsement of a roadmap aimed at reforming MDBs to address global challenges, support the Sustainable Development Goals, and enhance climate action. Key achievements in 2023 include increasing … Read the full press release

EIB Group President Highlights Strengthened Partnership with Bulgaria to Drive Growth, Jobs, and Green Transition

(IN BRIEF) EIB Group President Nadia Calviño visited Bulgaria to discuss increased financing opportunities aimed at boosting economic growth, job creation, and the country’s green transition. In partnership with Bulgarian Deputy Prime Minister Lyudmila Petkova, the EIB Group plans to … Read the full press release

EIF and Quotanda Collaborate to Unlock €51 Million in Student Financing Across Europe

(IN BRIEF) The European Investment Fund (EIF) and Quotanda have partnered to improve access to student financing in Spain, Portugal, and Germany, mobilizing over €51 million through a €10.2 million capped guarantee backed by the InvestEU Skills and Education Portfolio … Read the full press release

Henkel and Celanese Transform CO2 Emissions into Sustainable Adhesives for Packaging Innovations

(IN BRIEF) Henkel Corporation and Celanese Corporation have partnered to produce adhesives from captured CO2 emissions, advancing sustainability in the packaging and consumer goods sectors. Celanese’s carbon capture and utilization (CCU) technology transforms CO2 into methanol, a key ingredient in … Read the full press release

Kering Becomes First Company to Adopt Science-Based Targets for Land and Freshwater at COP16

(IN BRIEF) At COP16, Kering became the first company globally to adopt science-based targets for land and freshwater, marking a significant step in its commitment to biodiversity. After participating in the Science Based Targets Network’s corporate pilot, Kering set targets … Read the full press release

Fincantieri’s Vard Lands €200 Million Contract for Five Advanced Walk-to-Work Vessels

(IN BRIEF) Fincantieri’s Norwegian subsidiary, Vard, has signed a €200 million contract to design and construct five Walk-to-Work vessels for an international client. The vessels, designed to support offshore oil and gas platforms, will feature hybrid propulsion systems, advanced motion-compensated … Read the full press release

Burberry Unveils New Store in Singapore, Bringing Timeless British Heritage to Orchard Road

(IN BRIEF) Burberry has opened a new store in Singapore at the Wisma Atria shopping mall on Orchard Road, designed to blend British architectural heritage with contemporary style. The store features materials like Portland stone and black cast iron, tying … Read the full press release

Hempel Joins RightShip’s Zero Harm Innovation Partners Program to Drive Sustainable Maritime Practices

(IN BRIEF) Hempel has joined RightShip’s Zero Harm Innovation Partners Program, marking a significant step in promoting sustainable maritime practices. The collaboration focuses on Hempel’s Hempaguard, a silicone hull coating that significantly reduces fuel consumption, CO2 emissions, and in-water environmental … Read the full press release

Hempel Unveils Revolutionary Recharger for Silicone Yacht Coatings at METSTRADE 2024

(IN BRIEF) At METSTRADE 2024, Hempel A/S launched Hempel’s Infinity, the world’s first underwater performance recharger for its silicone yacht coatings. This biocide-free, water-based product extends the life of existing coatings for an extra season, eliminating the need for repainting … Read the full press release

BMT Unveils “The Deep Blue Project” at Offshore Wind Australia Conference 2024

(IN BRIEF) BMT, in collaboration with Ocius, has launched The Deep Blue Project, an initiative revolutionizing autonomous maritime data collection and environmental monitoring. Announced at the Offshore Wind Australia Conference 2024, the project’s first phase involves trials of Ocius’s autonomous … Read the full press release

EY Launches Integrated Global Payroll Solution to Streamline Workforce Management

(IN BRIEF) EY has launched the Integrated Global Payroll Solution, a centralized platform designed to streamline payroll, mobility, and labor law management for organizations with global workforces. The solution addresses growing challenges like increased workforce mobility and hybrid work demands, … Read the full press release

BBVA Proposes Comprehensive Measures to Ensure Financial Inclusion and SME Support Amid Banco Sabadell Merger

(IN BRIEF) BBVA has proposed comprehensive measures to the Spanish competition authority (CNMC) to secure approval for its merger with Banco Sabadell. These commitments include maintaining branch access in underserved areas, ensuring continued SME lending and credit lines for 18 … Read the full press release

Empa’s DroneHub Launches Cutting-Edge Research Platform for Autonomous Flying Robots

(IN BRIEF) Empa, in partnership with Imperial College London, has launched the DroneHub, a cutting-edge research facility for autonomous flying robots designed to address infrastructure maintenance, environmental restoration, and biodiversity monitoring. The hub features specialized spaces for 3D printing repairs, … Read the full press release

Dutch Projects Awarded €1.25 Million in European Water Security Programme ‘Water4All’

(IN BRIEF) Four Dutch subprojects have been awarded €1.25 million under the European Water4All programme to improve aquatic ecosystem resilience and integration into water governance. The projects include: enhancing lake management with stakeholder input (PLURALAKES), studying peatland hydrology and ecosystem … Read the full press release

European Small and Mid-Cap Awards Honor Outstanding SMEs in Budapest

(IN BRIEF) The 12th European Small and Mid-Cap Awards, held during the SME Assembly in Budapest, celebrated exceptional SMEs that accessed capital markets through IPOs over the past two years. Organized by FESE, EuropeanIssuers, and the European Commission, the awards … Read the full press release

Saab and DSTA Expand Partnership to Advance Underwater Defense Technologies

(IN BRIEF) Saab and Singapore’s Defence Science and Technology Agency (DSTA) have expanded their partnership through a new Memorandum of Understanding (MoU) to advance underwater defense technologies. Building on a 2023 agreement, the collaboration now includes joint studies on operational … Read the full press release

Saab, Thales, and ST Engineering Unite to Modernize Singapore’s Air Traffic Management Infrastructure

(IN BRIEF) Saab, Thales, and ST Engineering have partnered to modernize Singapore’s Air Traffic Management (ATM) infrastructure through a Memorandum of Understanding signed at the Sweden–Singapore Royal Business Forum. The collaboration combines Saab’s advanced Digital Tower Suite, Thales’ ATM expertise, … Read the full press release

Continental and trinamiX Earn CES Innovation Award for Advanced Driver Monitoring Display

(IN BRIEF) Continental, in partnership with trinamiX, has won a CES Innovation Award for its Invisible Biometrics Sensing Display, which integrates advanced driver and passenger monitoring technologies invisibly behind an OLED screen. The display features 3D distance mapping for optimized … Read the full press release

Eviden Secures €60 Million Contract to Deliver Finland’s Next-Generation Supercomputer “Roihu”

(IN BRIEF) Eviden, part of the Atos Group, has secured a €60 million contract to deliver “Roihu,” Finland’s new national supercomputer, which will triple the country’s current computing capacity and significantly enhance AI performance. Built on the BullSequana XH3000 platform, … Read the full press release