Author Archives: EuropaWire PR Editor

ANDRITZ Secures Contracts to Boost Brazilian Grid Stability with Synchronous Condensers

(IN BRIEF) ANDRITZ, an international technology group, has secured two contracts in Brazil to supply 330 MVAr synchronous condenser systems, which are essential for improving grid stability in regions increasingly reliant on renewable energy sources like wind and solar. These … Read the full press release

Stellantis Unveils Five World Premieres and Showcases Leapmotor Partnership at 2024 Paris Motor Show

(IN BRIEF) Stellantis made a strong impression at the 2024 Paris Motor Show, unveiling five world premieres from its brands Citroën, Peugeot, and Alfa Romeo. Additionally, the show marked the debut of the Chinese brand Leapmotor in partnership with Stellantis, … Read the full press release

New European Judicial Network Targets Organised Crime, Focusing on Drug Trafficking and International Criminal Networks

(IN BRIEF) On 25 September 2024, Eurojust launched the European Judicial Organised Crime Network (EJOCN), aimed at fighting organised crime across Europe. This new network unites prosecutors from all 27 EU Member States to strategically combat high-risk criminal groups involved … Read the full press release

EIB Grants €220 Million to Nexi Group to Drive Digital Payment Innovation and Sustainability in Europe

(IN BRIEF) The EIB has granted €220 million to Nexi Group to support innovation in Europe’s digital payments sector. The funding will help drive the development of modernized payment solutions, job creation, and sustainability initiatives, reflecting Nexi’s commitment to ESG … Read the full press release

CBI Strengthens Board with Appointments of Ruth Cairnie and Lesley Ann Nash, Bringing Business and Government Expertise

(IN BRIEF) The CBI has appointed Ruth Cairnie and Lesley Ann Nash as Non-Executive Directors to its Board. Both bring extensive experience in private and public sectors, strengthening the CBI’s leadership as it continues its mission to represent UK businesses. … Read the full press release

TÜV Rheinland Drives Energy Innovation at RE+ 2024 with Key Certifications for New Energy Products

(IN BRIEF) TÜV Rheinland participated in RE+ 2024, a major global energy exhibition, where it awarded significant certifications to companies in the new energy and energy storage sectors. The event highlighted TÜV Rheinland’s contributions to the North American renewable energy … Read the full press release

Kylie Minogue Announces Tension II Album and Her Biggest World Tour Since 2011

(IN BRIEF) Kylie Minogue has announced the release of her new album Tension II, scheduled for October 18, 2024, following the success of her 2023 album Tension. The Australian-British pop star, who has sold over 80 million records worldwide, will … Read the full press release

Roche’s Gazyva Shows Breakthrough Results in Treating Lupus Nephritis, Offering Hope for Kidney Disease Patients

(IN BRIEF) Roche has announced positive results from its phase III REGENCY study, showing that its drug Gazyva®/Gazyvaro® (obinutuzumab) significantly outperformed standard therapy in treating active lupus nephritis. The study found that patients receiving Gazyva/Gazyvaro, in combination with standard therapies, … Read the full press release

European Investment Fund Supports Icelandic SMEs with Up to €100 Million in New Funding via Arion Bank

(IN BRIEF) The European Investment Fund (EIF) has partnered with Arion Bank to provide up to €100 million in new lending to around 40 small and medium-sized enterprises (SMEs) and Small Mid-Caps in Iceland. Backed by the European Commission’s InvestEU … Read the full press release

Shell’s Holland Hydrogen 1 to Connect to High-Voltage Grid in Collaboration with TenneT and Port of Rotterdam

(IN BRIEF) Shell and TenneT have signed an agreement to connect Shell’s Holland Hydrogen 1, Europe’s first large-scale hydrogen plant, to the high-voltage grid. The 200 MW electrolyser on the Maasvlakte will initially have a temporary connection to the 380 … Read the full press release

Swissport Strengthens Board with Former Kuehne+Nagel CEO Detlef Trefzger to Drive Global Expansion

(IN BRIEF) Swissport International AG has appointed former Kuehne+Nagel CEO Detlef Trefzger as a Non-Executive Director to its Board of Directors. Trefzger, who brings extensive industry expertise from his leadership roles at Kuehne+Nagel and DB Schenker, will support Swissport’s global … Read the full press release

Metso Partners with BSIET to Deliver Advanced Iron Ore Pelletizing Plant for Ruifeng, Supporting China’s Decarbonization Goals

(IN BRIEF) Metso has signed a contract with Beijing Shougang International Engineering Technology Co. Ltd (BSIET) to deliver a compact traveling grate pelletizing plant for Ruifeng Iron and Steel Group in Hebei, China. The plant, with a 1.7 million tons … Read the full press release

SolarLab Secures EUR 1.6 Million Nefco Loan to Boost Production and Expand in the U.S.

(IN BRIEF) SolarLab, a Danish company specializing in solar facades for buildings, has secured a EUR 1.6 million loan from Nefco to increase production and expand into the U.S. market. The funds will be used to relocate all production to … Read the full press release

Patent Victory: NORMA Group Wins Case Against Chinese Competitor Over Innovative Hose Clamp Technology

(IN BRIEF) NORMA Group has successfully won a patent infringement case against Chinese competitor Suzhou Shengnuo Connection Technology Co. Ltd. The Supreme People’s Court in Beijing ruled that Shengnuo’s product infringed on NORMA Group’s patented worm-drive hose clamp technology, known … Read the full press release

EY Report Predicts Radical Shift in Financial Controller Role Towards Value Creation and Innovation

(IN BRIEF) The EY DNA of the Financial Controller Report reveals that 86% of financial controllers expect their roles to change drastically by 2030, with a shift toward value creation and supporting business growth. Many controllers anticipate the need for … Read the full press release

Vattenfall Names Johan Dasht as New Senior Vice President for Business Area Generation

(IN BRIEF) Vattenfall has appointed Johan Dasht as the new Senior Vice President of its Business Area Generation, effective November 1. Dasht, currently leading the company’s hydro operations in the Nordics, will oversee Vattenfall’s hydro and nuclear power divisions. He … Read the full press release

Lille Secures €276 Million for Sustainable Transport Revolution: EIB and European Commission Fund Green Mobility Initiative

(IN BRIEF) The Métropole Européenne de Lille has secured a €245 million green loan from the European Investment Bank (EIB) to modernize its urban transport system, alongside a €31.5 million grant from the European Commission. This joint financing will support … Read the full press release

Perovskia Solar Powers Up IoT Sector with New Funding and Innovative Solar Technology

(IN BRIEF) Perovskia Solar, an Empa spin-off, has secured over two million Swiss francs in seed funding and signed contracts with more than ten major IoT companies. Specializing in custom-printed perovskite solar cells, the company aims to provide sustainable energy … Read the full press release

Driving Change: Hydro and Mercedes-Benz Launch Ambitious Amazon Sustainability Initiative

(IN BRIEF) Hydro and Mercedes-Benz have launched the “Corridor” program at Climate Week 2024 in New York, aimed at fostering sustainable development in the Brazilian Amazon. This long-term initiative will promote positive impacts for local communities and nature through partnerships … Read the full press release

Eviden Selected by CFL to Upgrade Railway Communication Systems for Enhanced Safety and Efficiency

(IN BRIEF) Eviden has been selected by the Luxembourg National Railway Company (CFL) to implement next-generation critical communication solutions to upgrade its GSM-R command and control network, enhancing safety and operational efficiency. The project, expected to be operational by late … Read the full press release