Author Archives: EuropaWire PR Editor

Fraunhofer Showcases AI-Based Healthcare Innovations at DMEA 2024

(IN BRIEF) Fraunhofer experts are at the forefront of developing AI-driven systems to revolutionize healthcare, presenting their latest advancements at the DMEA 2024 trade show. These innovations span various areas, including diagnostics, surgery planning, telemedicine, and data management. From AI-based … Read the full press release

March 26, 2024: Ahold Delhaize Repurchased 255,145 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize announces the repurchase of 255,145 common shares between March 18 and March 22, 2024, at an average price of €27.18 per share, totaling €6.9 million. This transaction is part of the €1 billion share buyback program … Read the full press release

Symrise Unveils Trendscope™ 2024+: Decoding Food and Beverage Trends for Innovative Solutions

(IN BRIEF) Symrise introduces the latest edition of its proprietary trend tool, Trendscope™ 2024+, aimed at deciphering consumer trends shaping the food and beverage industry. The tool amalgamates qualitative and quantitative research methods to identify key drivers such as naturalness, … Read the full press release

Hannover Re Unveils Dedicated Cyber and Digital Business Unit for Enhanced Reinsurance Expertise

(IN BRIEF) Hannover Re announces the establishment of a new specialty reinsurance business unit, effective April 1, 2024, aimed at consolidating its global operations in cyber and digital domains to bolster underwriting proficiency. Led by Stefan Sperlich, the unit will … Read the full press release

Saab’s Arexis Sensor Suite Selected for German Air Force’s Eurofighter EW Variant

(IN BRIEF) The German defense procurement office has chosen Saab’s Arexis sensor suite to equip the Eurofighter EK, an electronic warfare variant of the German Air Force’s Eurofighter aircraft. The contract, initiated in June 2023, marks the beginning of Saab’s … Read the full press release

Telia Denmark Maintains Network Excellence with Nokia’s Advanced Managed Services

(IN BRIEF) Telia Denmark has once again clinched the top spot for customer-perceived network quality in the country, thanks to Nokia’s advanced managed services. Umlaut, a renowned advisory firm, bestowed this recognition for the second consecutive year, underscoring Telia’s commitment … Read the full press release

NIB Partners with SCA to Fund Fasikan Wind Farm in Northern Sweden

(IN BRIEF) The Nordic Investment Bank (NIB) has inked a 10-year loan agreement with Svenska Cellulosa Aktiebolaget SCA (Publ) to co-finance the Fasikan Wind Farm in Jämtland county, northern Sweden. Valued at SEK 1 billion, this loan will bolster the … Read the full press release

Sustainable Monopile Covers Revolutionize Offshore Wind Farm Construction

(IN BRIEF) Vattenfall’s Hollandse Kust Zuid Offshore Wind Farm marks a significant shift in offshore wind turbine construction with the introduction of reusable monopile covers. Traditionally, covers were disposed of after use, but this innovative solution, developed by CCM B.V., … Read the full press release

ABP Champions Environmental Stewardship in Great British Spring Cleanup 2024

(IN BRIEF) Associated British Ports (ABP) actively participated in the Great British Spring Clean 2024, an extensive environmental campaign organized by Keep Britain Tidy. ABP employees volunteered to collect litter at Ports of Immingham, Grimsby, and Hull, amassing over 40 … Read the full press release

Italian Energy Giants Forge Alliance for Maritime Decarbonization

(IN BRIEF) Eni, Fincantieri, and RINA, prominent Italian entities in energy, shipbuilding, and engineering consultancy respectively, have solidified an agreement to spearhead initiatives targeting the decarbonization of the maritime sector. Their collaborative efforts aim to develop sustainable alternatives, explore new … Read the full press release

Mubadala Acquires KELIX bio, Expanding Access to Life-Saving Pharmaceuticals in Emerging Markets

(IN BRIEF) DPI, BII, and the EBRD have reached a binding agreement to fully exit their investment in KELIX bio, a pan-African biopharmaceutical platform, through its acquisition by Mubadala Investment Company. Founded in 2020, KELIX bio has rapidly grown to … Read the full press release

Novo Nordisk Acquires Cardior Pharmaceuticals in Billion-Euro Deal, Pioneering RNA Therapies for Heart Diseases

(IN BRIEF) EQT Life Sciences proudly announces Novo Nordisk’s acquisition of Cardior Pharmaceuticals, valuing the biopharmaceutical company at up to EUR 1.025 billion. Based in Hannover, Germany, Cardior specializes in RNA-based therapeutics for cardiovascular diseases, focusing initially on heart failure. … Read the full press release

NIRAS Reports Record Earnings and Steady Growth, Sets Ambitious Goals for Future

(IN BRIEF) NIRAS, a leading consultancy firm, has announced its robust annual results for 2023, boasting record earnings (EBITA) of DKK 167 million and a commendable organic growth rate exceeding 10%. Despite challenging market conditions marked by inflation and global … Read the full press release

Ultomiris Receives FDA Approval as First Long-Acting Treatment for AQP4 Ab+ NMOSD, Redefining Patient Care

(IN BRIEF) Ultomiris (ravulizumab-cwvz) has gained approval from the FDA as the inaugural long-acting C5 complement inhibitor for treating adult patients with anti-aquaporin-4 (AQP4) antibody-positive (Ab+) neuromyelitis optica spectrum disorder (NMOSD). The approval, based on the CHAMPION-NMOSD Phase III trial’s … Read the full press release

Stadler’s FLIRT H2 Sets Guinness World Record for Longest Hydrogen Train Journey

(IN BRIEF) Stadler proudly announces that its FLIRT H2 has secured a place in the Guinness World Records database for traveling the longest distance (1,741.7 miles) by a hydrogen fuel cell electric multiple unit passenger train without refueling. This achievement … Read the full press release

ZF Group Unveils ZF LIFETEC: Rebranding of Passive Safety Systems Division

(IN BRIEF) ZF Group has introduced “ZF LIFETEC” as the new brand identity for its Passive Safety Systems division, reflecting its independent positioning within the ZF Group. With sales of €4.7 billion in 2023, ZF LIFETEC aims to enhance sales … Read the full press release

CBI Northern Ireland Annual Lunch: Business Leaders and Politicians Gather for Economic Discussion

(IN BRIEF) Approximately 400 business leaders and political figures convened at the CBI Northern Ireland Annual Lunch, marking the first such event since the restoration of the Executive. Hosted at Titanic Belfast and sponsored by Spirit AeroSystems and MCS Group, … Read the full press release

Norwegian People’s Aid and Telia Test Portable Mobile Base Stations for Search and Rescue Missions

(IN BRIEF) Norwegian People’s Aid, in collaboration with Telia, is piloting the use of portable mobile base stations to extend cellular coverage in areas lacking network infrastructure. This initiative aims to enhance communication capabilities during critical search and rescue missions, … Read the full press release

Citycon’s Sustainability Strategy Update Drives Green Mobility and Community Engagement in 2023

(IN BRIEF) Citycon Oyj has released its 2023 Sustainability Accounts, showcasing the impact of its revised sustainability strategy. Key achievements include the transformation of centers into transportation hubs emphasizing green mobility, integration of AI technology for enhanced energy efficiency, and … Read the full press release

ZÜBLIN Embarks on €450 Million Lock Replacement Project Amid Ongoing Shipping Operations

(IN BRIEF) ZÜBLIN, a subsidiary of STRABAG, has secured a contract from the Waterway Construction Office Aschaffenburg to replace the lock Kriegenbrunn. The €450 million project, slated to commence in April 2024 and expected to conclude by spring 2032, will … Read the full press release

Fueling Sustainability: Gasum and NLF Collaborate to Advance Biogas in Norway’s Transportation Industry

(IN BRIEF) Gasum, a leading Nordic energy company, and the Norwegian Road Transport Association (NLF) have joined forces to promote the use of biogas as a key component of Norway’s green energy transition. The collaboration aims to raise awareness about … Read the full press release

Yusen Logistics Leases Warehouse Space at CTPark Bucharest for Expansion

(IN BRIEF) CTP, Europe’s largest industrial and logistics properties developer, has secured a five-year lease agreement with Yusen Logistics, a global logistics provider, for 19,000 sqm of warehouse space at CTPark Bucharest in Romania. The strategic location of CTPark Bucharest, … Read the full press release

Aboitiz Solar Partners with AFRY for 172 MWp Solar PV Plant in the Philippines

(IN BRIEF) Aboitiz Solar Power, Inc., a subsidiary of Aboitiz Power Corporation, has enlisted AFRY as the owner’s engineer for the construction of a 172 MWp solar photovoltaic (PV) plant in Negros Occidental, Philippines. The project, part of AboitizPower’s extensive … Read the full press release

Dutch Government Grants Major Funding for Cybersecurity Research Project

(IN BRIEF) The Dutch government has allocated substantial funding to the ‘Challenges in Cyber Security’ project, recognizing the critical need for coordinated scientific research in cybersecurity. Led by Prof. Tanja Lange of TU/e, the project aims to address foundational issues … Read the full press release

Wood Earns Top Spot in Verdantix’s Digital Asset Management Rankings

(IN BRIEF) Independent research firm Verdantix has identified Wood as a leader in digital asset management technology implementation services, based on its innovative approach and tangible benefits delivered to clients in the energy sector. Wood’s digital asset health solution has … Read the full press release

Wienerberger Reports Strong Performance and Strategic Acquisitions in 2023

(IN BRIEF) Despite economic challenges, Wienerberger had a successful business year in 2023, boasting revenues of €4.2 billion and operating EBITDA of €811 million. The company’s resilience is attributed to its robust performance in infrastructure and renovation sectors, along with … Read the full press release

Approval Granted: Ammonia Bunkering Facility Paves the Way for Low-Emission Shipping in Norway

(IN BRIEF) The Norwegian Directorate for Civil Protection has approved the construction of an ammonia bunkering facility at Fjord Base in Florø, Norway, marking a pivotal moment in the push for low-emission shipping fuels. Yara Clean Ammonia, Azane, and Fjord … Read the full press release

Henkel and Adobe Forge New Path in Content Production with Generative AI Pilot

(IN BRIEF) Henkel and Adobe are embarking on an innovative pilot program utilizing generative AI to revolutionize content production. Through Henkel’s Custom Models in Adobe Firefly, teams can efficiently generate personalized, brand-compliant content, enhancing digital marketing campaigns. This partnership signifies … Read the full press release

Airbus Defence and Space to Bolster Cybersecurity Arm with INFODAS Acquisition

(IN BRIEF) Airbus Defence and Space has announced plans to acquire INFODAS, a Cologne-based cybersecurity and IT solutions provider specializing in the public sector, including defense and critical infrastructures. With the transaction awaiting regulatory approvals, Airbus aims to enhance its … Read the full press release

Fisia Italimpianti Diversifies into Oil&Gas with Saudi Arabia Water Treatment Plant Project

(IN BRIEF) Fisia Italimpianti, a subsidiary of the Webuild Group, has initiated the construction phase of a Water Treatment Plant in Saudi Arabia, marking its entry into the Oil&Gas sector. The project, part of the Zuluf onshore oil plant complex, … Read the full press release

REN’s Philanthropic Drive: Enhancing Social Services with Vehicle Donations

(IN BRIEF) REN – Redes Energéticas Nacionais, in adherence to its social responsibility policy, has contributed five vehicles to esteemed organizations within the social sector, aimed at bolstering service provision. The selected institutions include Associação Salvador, Centro Social Recreativo e … Read the full press release

Fundamentering AS Awarded Contract for Ramfjord Bridge Foundation Work in Troms

(IN BRIEF) Fundamentering AS (FAS), a subsidiary of AF Gruppen, has secured a contract with Metrostav Norge AS for foundation work on the Ramfjord Bridge in Troms, commissioned by the Norwegian Public Roads Administration. Valued at approximately NOK 100 million … Read the full press release

Strøm Gundersen AS Awarded Contracts for Hotel and Office Building Construction in Drammen

(IN BRIEF) Strøm Gundersen AS, a company within AF Gruppen, has secured two turnkey contracts totaling NOK 516 million excluding VAT for the construction of a hotel and an office building in Brakerøya, Drammen. The first contract, valued at NOK … Read the full press release

MOL Group Launches Growww Program, Inviting Young Professionals to Shape Energy Transition

(IN BRIEF) MOL Group has initiated the application process for its renowned fresh graduate program, Growww, offering over 90 positions across 8 countries to young professionals eager to contribute to the energy transition. The program, which has attracted thousands of … Read the full press release

UniCredit Joins WWF Earth Hour Initiative, Reinforcing Commitment to Sustainability

(IN BRIEF) UniCredit, a prominent banking institution, is set to participate in the “WWF Earth Hour” initiative on March 23, 20.30 local time, for the 18th consecutive year. The bank will switch off lights in 33 of its buildings across … Read the full press release

Arriva Secures Government Funding for New Zero-Emission Buses in Five UK Regions

(IN BRIEF) Arriva, in collaboration with local authorities, has successfully secured funding from the UK Government’s ‘ZEBRA’ scheme for the introduction of new zero-emission buses across several regions, including Leicester, Tamworth, Redcar, Durham, and Darlington. The funding, aimed at accelerating … Read the full press release

Professor Maureen Freely Wins Prestigious Translation Prize at NBCC Awards

(IN BRIEF) Professor Maureen Freely, from the University of Warwick, clinched the Gregg Barrios Book in Translation Prize at the National Book Critics Circle (NBCC) Awards in New York for her translation of Tezer Özlü’s “Cold Nights of Childhood.” Celebrated … Read the full press release

Annual Charity Netball Tournament Raises Over £32,000 for Look Good Feel Better Cancer Support Charity

(IN BRIEF) Look Good Feel Better, in partnership with England Netball, organized its Annual Charity Netball Tournament at the University of Warwick, raising over £32,000 for individuals undergoing cancer treatment. The event, attended by 240 netball players, featured 26 teams … Read the full press release

University of Liverpool and Sumy State University Celebrate Two-Year Partnership Milestone with Twinning Showcase and Academic Networking Event

(IN BRIEF) On the occasion of the two-year anniversary of their international partnership, the University of Liverpool and Sumy State University are hosting a Twinning Showcase and academic networking event. Coordinated by Cormack Consultancy Group and supported by various organizations … Read the full press release

Volvo Group and Renault Group Launch Flexis SAS for Next-Gen Electric Vehicles

(IN BRIEF) After obtaining all necessary regulatory approvals, Volvo Group and Renault Group have officially launched Flexis SAS, a new company based in France dedicated to developing the next generation of fully electric and software-defined vehicles for urban logistics. With … Read the full press release