Author Archives: EuropaWire PR Editor

Rheinmetall Secures €26 Million Contract to Supply High-Performance CWA2000 Pumps for Electric Vehicles and Power Plants

(IN BRIEF) Rheinmetall has secured a €26 million order for its CWA2000 high-voltage coolant pump from a well-known Asian engine manufacturer. The pumps will be used in 800V fuel cell vehicles and stationary power plants, marking a significant step in … Read the full press release

Indra to Supply Advanced Space Debris Detection Radar to German Armed Forces for Satellite Protection

(IN BRIEF) Indra has secured a major contract with the German Armed Forces to supply a next-generation space debris detection radar system, enhancing Germany’s ability to protect satellites from collisions with debris and other approaching satellites. The radar, a more … Read the full press release

Steyr Motors AG Listed on the Vienna Stock Exchange to Boost Visibility and Capital Market Access

(IN BRIEF) Steyr Motors AG has been officially listed on the Vienna Stock Exchange, with trading starting in the exchange-regulated direct market plus segment. The company’s shares opened at EUR 14.90, bringing the market capitalization to EUR 77.48 million. Steyr … Read the full press release

ETHSG Association Bridges Gap Between ETH Zurich and HSG Students to Foster Start-up Innovation

(IN BRIEF) The ETHSG association, founded in 2020, unites students from ETH Zurich and the University of St. Gallen (HSG) to foster collaboration between business and technical expertise, with a focus on developing start-ups. Through workshops, company visits, and social … Read the full press release

DNV Cyber Honored with Dual Saviynt Awards for Excellence in IAM Solutions Implementation

(IN BRIEF) DNV Cyber was awarded both EMEA Delivery Partner and EMEA Channel Partner of the Year for 2024 by Saviynt, a leader in cloud-native identity and governance solutions. The awards recognize DNV Cyber’s success in supporting customers with the … Read the full press release

IKEA’s Global Sleep Study Reveals Insights and Solutions for Better Rest Across the World

(IN BRIEF) IKEA’s Sleep Uncovered report reveals that people are losing an average of 1 hour and 20 minutes of sleep per night, with Mainland China reporting the best sleep quality and the USA and Norway at the bottom. The … Read the full press release

GEA Foundation Launched to Drive Global Impact in Education, Sustainability, and Disaster Relief

(IN BRIEF) GEA Group launched the GEA Foundation at an event in Berlin, aiming to strengthen the company’s community engagement by focusing on education, poverty alleviation, access to infrastructure, and disaster relief. The foundation builds on GEA’s commitment to donate … Read the full press release

KfW ifo Business Climate Index Sees Minor Improvement, Driven by Service Sector Optimism

(IN BRIEF) In January 2025, Germany’s small and medium-sized enterprises (SMEs) saw a slight improvement in business sentiment, with the KfW ifo Business Climate Index rising by 0.6 points to -21.4 balance points. Despite this increase, sentiment remains well below … Read the full press release

Vodafone Business IoT and Mobily Join Forces to Expand IoT Connectivity in Saudi Arabia

(IN BRIEF) Vodafone Business IoT has partnered with Saudi telecommunications leader Mobily to expand its IoT connectivity services in Saudi Arabia. This collaboration grants Vodafone Business IoT customers access to Mobily’s extensive network, ensuring secure and reliable connectivity for IoT … Read the full press release

ENTSO-E Marks Successful Synchronization of Baltic States’ Electricity Grids with Continental Europe

(IN BRIEF) On February 9, 2025, Estonia, Latvia, and Lithuania successfully synchronized their electricity systems with Continental Europe’s electricity grid, marking a historic achievement for the Baltic States and Europe. The synchronization improves energy security and independence for the region, … Read the full press release

HBOR Commits €20 Million to EIF-Led Three Seas Initiative Innovation Fund

(IN BRIEF) The Croatian Bank for Reconstruction and Development (HBOR) has pledged €20 million to the Three Seas Initiative Innovation Fund, which supports growth-stage businesses in Central and Eastern Europe. This makes HBOR the fourth contributor to the fund, following … Read the full press release

EIF Allocates €30 Million to Support Swedish SMEs in Green Transition through Impact Lending Fund

(IN BRIEF) The European Investment Fund (EIF) has committed up to 320 million Swedish kronor (about €30 million) to Swedish Impact Lending 1, a pioneering green-financing initiative targeting small and medium-sized enterprises (SMEs) in Sweden. Managed by Svenska Hållbarhetsfonden Förvaltnings … Read the full press release

SGS Receives NABCB Accreditation to Enhance Environmental Claims Validation and Support Sustainability Goals

(IN BRIEF) SGS has earned accreditation from the National Accreditation Board for Certification Bodies (NABCB), a member of the International Accreditation Forum (IAF), recognizing its compliance with international standards for validating and verifying environmental claims. The accreditation, covering key ISO … Read the full press release

Battery Monitor 2024/2025: Global Battery Demand to Triple by 2030 as Europe Faces Price Wars and Overcapacity

(IN BRIEF) The “Battery Monitor 2024/2025” report predicts a tripling of global battery demand by 2030, reaching between 4.0 and 4.6 terawatt hours (TWh), with further growth to 8.8 TWh by 2040. The battery market is facing challenges due to … Read the full press release

Alfa Laval to Host Online Net Zero Event on Advancing the Circular Carbon Economy

(IN BRIEF) Alfa Laval will host an online Net Zero event on March 4th at 15:00 CET, bringing together experts to discuss the shift away from fossil carbon to a circular carbon economy. The event will explore how industries such … Read the full press release

Rheinmetall Awarded Record €3.1bn Contract for Modernizing Bundeswehr Soldier-Systems

(IN BRIEF) Rheinmetall has secured a historic €3.1 billion framework contract with the Federal Office for Equipment, Information Technology and In-Service Support of the Bundeswehr (BAAINBw) to procure and upgrade soldier-systems for the German military. This deal includes the regeneration … Read the full press release

GEMINI Study Identifies Genetic Links to Multimorbidity, Offering New Pathways for Prevention and Treatment

(IN BRIEF) The GEMINI study, the largest of its kind, has revealed significant genetic overlaps in 72 long-term health conditions related to aging. Conducted by the University of Exeter Medical School and funded by the Medical Research Council and the … Read the full press release

BASF Coatings Achieves 100% Renewable Electricity at North American Sites, Reducing CO2 Emissions by 11,000 Tons Annually

(IN BRIEF) As of January 2025, BASF Coatings has successfully transitioned to 100% renewable electricity at its Greenville, Ohio and Blackman Township, Michigan sites, resulting in an anticipated reduction of more than 11,000 tons of CO2 annually. This shift supports … Read the full press release

Telefónica Earns 11th Consecutive Recognition in CDP’s ‘A List’ for Ongoing Climate Leadership

(IN BRIEF) Telefónica has been recognized for the eleventh consecutive year in CDP’s ‘A List’ for its leadership in climate action. The company has successfully reduced its operational emissions by 81% and its value chain emissions by 51%, achieving significant … Read the full press release

Stora Enso Recognized on CDP’s 2024 Climate Change ‘A List’ for Leadership in Sustainability and Emissions Reduction

(IN BRIEF) Stora Enso has been awarded a spot on CDP’s 2024 Climate Change ‘A List’ in recognition of its exceptional leadership in climate action and transparency. The company was acknowledged for its comprehensive disclosure practices, management of environmental risks, … Read the full press release