Author Archives: EuropaWire PR Editor

GRAHAM Completes First Phase of Major Build-to-Rent Development in Edinburgh’s Bonnington

(IN BRIEF) GRAHAM has completed the first phase of a significant build-to-rent (BTR) development in Bonnington, Edinburgh, transferring the project to developer PLATFORM_. This initiative will ultimately provide 464 new homes, including 116 units for intermediate market rent. The completed … Read the full press release

NWO and Stichting Big Chemistry Launch €2.8 Million Funding Initiative for AI-Driven Chemical Research

(IN BRIEF) The Netherlands Organization for Scientific Research (NWO), in partnership with Stichting Big Chemistry, has launched a funding initiative to support proof-of-concept studies that utilize artificial intelligence (AI) for predicting the physical and chemical properties of complex molecular systems. … Read the full press release

Continental Unveils Cutting-Edge Brake Control System for Bugatti Bolide Hypercar

(IN BRIEF) Continental has developed an advanced electronic brake control system for the Bugatti Bolide, a 1,600-horsepower hypercar designed exclusively for the track. This system, based on Continental’s “Motorsports ABS Kit,” integrates anti-lock braking, electronic stability control, and traction control, … Read the full press release

PNE AG Sells Papenrode Wind Farm to Qualitas Energy, Boosting Renewable Energy Production in Lower Saxony

(IN BRIEF) PNE AG has completed the sale of the Papenrode wind farm to Qualitas Energy Deutschland GmbH, enhancing the renewable energy landscape in Lower Saxony. The repowering project, which is currently under construction, will feature nine new turbines with … Read the full press release

Crédit Agricole Immobilier Strengthens Market Leadership with Acquisition of Nexity Property Management

(IN BRIEF) Crédit Agricole Immobilier has completed its acquisition of Nexity Property Management, a subsidiary specializing in commercial and residential asset management, solidifying its position as the leading institutional property management player in France. This acquisition enhances Crédit Agricole Immobilier’s … Read the full press release

EBRD Champions AI Innovation in E-Commerce with €6 Million Investment in Estonian Firm Miros

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has led a €6 million pre-series A investment round in the Estonian company Miros, marking its first venture capital investment in Estonia. This funding, which also involves Tera Ventures and … Read the full press release

EBRD Strengthens Transparency with Updated Access to Information Policy, Effective January 2025

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved an updated Access to Information Policy, which will take effect on January 1, 2025. This revised framework aims to improve transparency, accessibility, and accountability in the Bank’s information-sharing … Read the full press release

Swiss Re to Sell iptiQ European P&C Business to Allianz Direct, Expanding B2B2C Presence Across Europe

(IN BRIEF) Swiss Re is selling its iptiQ European P&C business to Allianz Direct, including its Luxembourg-based risk carrier, over 100 employees, and existing distribution agreements in several European markets. This move aligns with Swiss Re’s strategy to exit iptiQ, … Read the full press release

Saab’s F-39E Gripen Makes Strategic Debut at Brazil’s CRUZEX 2024 Air Exercise

(IN BRIEF) The Saab F-39E Gripen fighter jet is making its debut at CRUZEX 2024, Latin America’s largest air exercise, hosted by the Brazilian Air Force. Held at Natal Air Base, the event includes over 2,000 personnel and 100 aircraft … Read the full press release

EIF-Backed ZEST II Secures €255 Million to Drive Sustainable Energy Projects Across Europe

(IN BRIEF) The Zencap European Sustainable Transition II (ZEST II) fund has successfully closed at €255 million, surpassing its target with a €75 million investment from the European Investment Fund (EIF) under InvestEU. This funding enables ZEST II to back … Read the full press release

Falkenklev Logistik Expands Electric Fleet with FUSO eCanter Trucks for Sustainable Urban Deliveries in Malmö

(IN BRIEF) Falkenklev Logistik in Sweden has added six FUSO eCanter electric trucks to its fleet for DHL deliveries in Malmö, supporting its commitment to sustainable urban logistics. These compact electric trucks, supplied by Veho Import AB, are well-suited for … Read the full press release

IKEA Brings Iconic Swedish Meatballs to the High Street with New Hammersmith Restaurant

(IN BRIEF) IKEA has opened its first UK high street restaurant in Hammersmith, allowing customers to enjoy popular Swedish dishes, including its famous meatballs, outside of a traditional IKEA store. Located beside the newly updated Hammersmith City Store, the restaurant … Read the full press release

Evotec Sells API Manufacturing Site to Monacum Partners, Streamlining Focus on Core Growth Areas

(IN BRIEF) Evotec SE has sold its chemical API-focused manufacturing site, Evotec DS GmbH, to Monacum Partners as part of its “Priority Reset” strategy to focus on core growth areas. The Halle/Westphalia-based facility, now renamed DAPIN GmbH, will continue its … Read the full press release

PVA TePla Opens Advanced Italian Facility to Boost Production and Sustainable Growth in Key Industries

(IN BRIEF) PVA TePla AG has opened a new, state-of-the-art facility in Marano Vicentino, Italy, doubling its previous production space and enhancing its in-house manufacturing of essential components for sectors like renewable energy and semiconductors. The sustainable, energy-efficient plant strengthens … Read the full press release

Vodafone Foundation Deploys Emergency Networks in Flood-Stricken Valencia to Restore Vital Connectivity

(IN BRIEF) In response to severe flooding in Valencia, Vodafone Foundation, alongside Vodafone Spain and the Red Cross, deployed six Instant Networks to restore connectivity in hard-hit areas. A team of volunteers from Vodafone’s Instant Network Emergency Response programme quickly … Read the full press release

Oracle and Vodafone Team Up to Deliver Global IoT Connectivity for Industry Applications on Enterprise Communications Platform

(IN BRIEF) Oracle has expanded its partnership with Vodafone Business IoT to enhance global IoT connectivity for its Enterprise Communications Platform (ECP), supporting various industries with near real-time data intelligence and compliance across 180 countries. The integration of Vodafone’s Global … Read the full press release

Lloyds Banking Group Recognized as First UK Bank with Fertility Friendly Employer Accreditation for Inclusive Workplace Policies

(IN BRIEF) Lloyds Banking Group has become the first UK bank to earn the Fertility Friendly Employer Accreditation, demonstrating its commitment to supporting employees through fertility-related challenges. Awarded by Fertility Matters at Work, the accreditation recognizes Lloyds’ policies on fertility … Read the full press release

LCH Appoints Michel Semaan as Global Head of RepoClear to Drive Growth in Euro and Sterling Repo Markets

(IN BRIEF) LCH has appointed Michel Semaan as the new Global Head of RepoClear, where he will lead the service’s next growth phase, focusing on expanding clearing memberships and advancing RepoClear’s Sponsored Clearing models. Reporting to the CEOs of LCH … Read the full press release

Bentley Motors Appoints Christophe Georges as Board Member to Lead Global Sales and Marketing Strategy

(IN BRIEF) Bentley Motors has promoted Christophe Georges to Board Member for Sales and Marketing, effective December 1, 2024. With 26 years at Bentley, including leadership roles in North America, Christophe brings extensive experience in global sales and marketing. In … Read the full press release

BASF Sells Flocculant Mining Business to Solenis, Refocuses on Core Mining Solutions

(IN BRIEF) BASF has finalized the sale of its flocculant mining business to Solenis, transferring several key flocculant brands to focus on its core strengths in flotation and solvent extraction for the mining industry. This move, part of BASF’s “Winning … Read the full press release