Author Archives: EuropaWire PR Editor

Deutsche Bank Supports China’s €2 Billion Sovereign Bond Return to Euro Market

(IN BRIEF) Deutsche Bank has played a key role in helping China’s Ministry of Finance issue €2 billion in international sovereign bonds, marking China’s return to the euro bond market since 2021. The dual-tranche offering, which included three- and seven-year … Read the full press release

BBVA and KKR Partner to Invest $200 Million in Global Climate Projects, Driving Low-Carbon Infrastructure

(IN BRIEF) BBVA has formed a strategic partnership with investment firm KKR, committing $200 million to support KKR’s Global Climate Strategy, which focuses on large-scale climate infrastructure projects like energy transition and electrification. The partnership, announced during Climate Week in … Read the full press release

Erste Group Boosts Compliance with Scila’s Advanced Trade Surveillance Technology

(IN BRIEF) Scila AB, a leader in trade surveillance and risk management technology, has announced that Erste Group, a major European financial institution, has successfully implemented Scila Surveillance. The cloud-based solution is designed to monitor global trading activities across multiple … Read the full press release

Fresenius Kabi and Formycon Receive European Approval for Ustekinumab Biosimilar FYB202

(IN BRIEF) Fresenius Kabi, in collaboration with Formycon, has received approval from the European Commission (EC) for FYB202, a biosimilar of ustekinumab (marketed as Stelara® by Johnson & Johnson). This biosimilar is approved for the treatment of serious inflammatory diseases. … Read the full press release

Wolters Kluwer Unveils CCH iFirm Validate: Revolutionizing Audits with Blockchain-Powered Validation

(IN BRIEF) Wolters Kluwer has launched CCH iFirm Validate, a new cloud-based module designed to enhance audit processes by using blockchain technology for secure and efficient bank confirmations and account verifications. This tool simplifies traditionally manual tasks, allowing auditors to … Read the full press release

Fresenius Kabi’s Ustekinumab Biosimilar Otulfi® Secures European Approval for Treating Inflammatory Diseases

(IN BRIEF) Fresenius Kabi, in partnership with Formycon AG, has received European Commission approval for Otulfi®, a biosimilar of ustekinumab. This new product, authorized for both subcutaneous and intravenous formulations, will treat inflammatory conditions such as Crohn’s disease, plaque psoriasis, … Read the full press release

Dürr Revolutionizes Battery Production with the Launch of GigaCoater™ for Faster, Cost-Efficient Coating

(IN BRIEF) Dürr has launched the GigaCoater™, a cutting-edge machine designed for simultaneous two-sided coating of battery electrodes. It offers faster speeds, larger substrate capabilities, and significant cost savings, enhancing both quality and efficiency in battery production. The GigaCoater™ expands … Read the full press release

HENSOLDT Celebrates 20 Years of Rapid Eurofighter Support with Technical Diagnostic Cell in Laage

(IN BRIEF) HENSOLDT’s Technical Diagnostic Cell (TDC) in Laage, Germany, celebrates 20 years of maintaining the German Air Force’s Eurofighter fleet. The TDC plays a vital role by offering on-site repairs for key radar and self-protection system components, minimizing aircraft … Read the full press release

Pharma Leaders Unite to Promote Ready-to-Use Packaging Solutions, Enhancing Safety and Efficiency

(IN BRIEF) SCHOTT Pharma, Gerresheimer, and Stevanato Group have formed the “Alliance for RTU” to promote the adoption of ready-to-use (RTU) vials and cartridges within the pharmaceutical industry. This strategic alliance aims to streamline pharmaceutical manufacturing, improve operational efficiency, and … Read the full press release

Scania and Fortescue to Develop Cutting-Edge Autonomous Road Train for Mining Efficiency

(IN BRIEF) Scania and Fortescue have partnered to develop an autonomous road train solution aimed at transforming the mining industry with increased efficiency and sustainability. The collaboration leverages Scania’s advanced truck automation technology and Fortescue’s mining expertise, focusing on reducing … Read the full press release

TotalEnergies Expands U.S. Gas Footprint with Eagle Ford Basin Acquisition

(IN BRIEF) TotalEnergies has acquired a 45% stake in gas-producing assets in Texas’ Eagle Ford Basin from Lewis Energy Group, further expanding its U.S. natural gas operations. This move strengthens TotalEnergies’ integration across the gas value chain and follows a … Read the full press release

Norway’s Northern Lights Facility: World’s First Cross-Border CO2 Storage Ready to Launch

(IN BRIEF) The Northern Lights CCS facility in Norway is now operational, becoming the world’s first cross-border CO2 transport and storage project. A joint venture between Equinor, Shell, and TotalEnergies, it is part of Norway’s Longship initiative and aims to … Read the full press release

Santander X Expands to Offer Free Training and Discounts for SMEs and Entrepreneurs

(IN BRIEF) Santander has expanded its Santander X platform for SMEs, startups, and entrepreneurs, offering free training and discounts on essential business services. The initiative aims to support companies in adapting to the challenges of the digital market. Registration is … Read the full press release

Prudential Strengthens Nigerian Market Position with Full Acquisition of Zenith Life

(IN BRIEF) Prudential plc is acquiring full ownership of Prudential Zenith Life Insurance in Nigeria, enhancing its position in the country and strengthening its bancassurance partnership with Zenith Bank. This move supports Prudential’s strategy to grow its presence in high-potential … Read the full press release

Prudential Partners with Bank Syariah Indonesia to Boost Syariah Insurance Growth in Key ASEAN Market

(IN BRIEF) Prudential has entered into a strategic partnership with Bank Syariah Indonesia (BSI), enabling the company to offer Syariah-compliant life insurance through BSI’s extensive network starting in 2025. This collaboration is seen as a key step for Prudential to … Read the full press release

RS Lease to Expand Fleet with Siemens Mobility’s Vectron Locomotives in New Agreement

(IN BRIEF) RS Lease has signed a framework agreement with Siemens Mobility to purchase up to 65 Vectron locomotives, with an immediate delivery of 30 units and an option for 35 more. These new Vectron Multi-System and Dual Mode locomotives … Read the full press release

NIB Invests €10 Million in Spar Nord Bank’s Green MREL-Eligible Bond to Boost Danish SME Financing

(IN BRIEF) The Nordic Investment Bank (NIB) has invested €10 million in a €250 million, 6-year Green MREL-eligible bond issued by Denmark’s Spar Nord Bank. This bond helps the bank meet EU regulatory requirements for loss absorption and capital recovery … Read the full press release

Brightsight Singapore Achieves EMVCo Accreditation, Boosting Payment Security Certification in Asia

(IN BRIEF) Brightsight, an SGS company, has received official recognition from EMVCo for its Singapore facility, making it an authorized laboratory for conducting EMV security evaluations on platforms and applications (ICC). This accreditation allows Brightsight to provide local and international … Read the full press release

Continental Named Among World’s Top Sustainable Companies, Sets Ambitious Carbon-Neutral Goals for 2050

(IN BRIEF) Continental has been recognized as one of the world’s most sustainable companies for 2024 by Time magazine and Statista, securing the 265th spot overall and ranking second among tire manufacturers. The recognition highlights Continental’s strong efforts in reducing … Read the full press release

Vattenfall’s Symbizon Agri-PV Park Launches in the Netherlands, Pioneering the Integration of Solar Power and Farming

(IN BRIEF) Vattenfall has launched its first agri-PV park, Symbizon, in the Netherlands, which combines solar energy generation with agriculture. Though small at 0.7 MWp capacity, the project aims to optimize the coexistence of solar panels and farming, with solar … Read the full press release

Volkswagen Group Utilizes Real-World Data to Boost Traffic Safety with Enhanced Driver Assistance Systems

(IN BRIEF) Volkswagen Group is enhancing traffic safety by utilizing sensor and image data from customer vehicles to continuously improve driver assistance systems and automated driving features. This initiative, starting in Germany in late 2024 with select Volkswagen and Audi … Read the full press release

FTSE Russell Introduces Fixed Income Climate Indices to Boost Sustainable Investments

(IN BRIEF) FTSE Russell has launched two new fixed income indices, the FTSE Fixed Income TPI Climate Transition Index Series and the FTSE Fixed Income TPI Focused Glidepath Index Series. These indices aim to support investors in meeting their climate … Read the full press release

BASF Sets Bold New Strategy to Lead Green Transformation and Boost Shareholder Returns

(IN BRIEF) BASF has unveiled a new corporate strategy aimed at becoming the leading chemical company supporting the green transformation of its customers. The company plans to focus on its core chemical businesses while giving more flexibility to standalone divisions … Read the full press release

Siemens Unveils Enhanced Simcenter Testlab to Boost Efficiency and Cut Prototype Dependency

(IN BRIEF) Siemens Digital Industries Software has updated its Simcenter Testlab suite, focusing on increased collaboration, enhanced testing efficiency, and reduced reliance on physical prototypes. New tools such as multi-hammer testing, a noise and vibration simulator, and smarter field testing … Read the full press release

BAE Systems Lands $177.8M Contract to Modernize USS Halsey

(IN BRIEF) BAE Systems has been awarded a $177.8 million contract by the U.S. Navy to modernize and maintain the USS Halsey, an Arleigh Burke-class guided-missile destroyer. The contract, which could reach $225.5 million if all options are exercised, involves … Read the full press release

Volkswagen and Autostadt Celebrate 50 Years of Golf and Scirocco at Alpine Hill Climb Event

(IN BRIEF) Volkswagen Classic and Autostadt will celebrate the 50th anniversary of the Volkswagen Golf and Scirocco at the prestigious Edelweiß-Bergpreis Rossfeld Berchtesgaden hill climb race, held in the Alps on September 28 and 29, 2024. They will showcase iconic … Read the full press release

Authorities Dismantle Albanian-Led Drug Ring in Italy, 66 Arrested in Eurojust-Coordinated Operation

(IN BRIEF) Authorities in Italy, Albania, Poland, and Switzerland, coordinated by Eurojust, have dismantled a major Albanian-led cocaine trafficking network. A total of 66 individuals were arrested, with 45 of them taken into custody on an action day. The criminal … Read the full press release

International Crackdown on Fraud Network Exploiting European Public Institutions Yields Major Seizures

(IN BRIEF) German and Italian authorities, with the support of Eurojust and Europol, have successfully dismantled a large-scale fraud operation that targeted public institutions, cities, and municipalities. The suspects used phishing techniques to manipulate real invoices and divert payments meant … Read the full press release

EU-Backed Partnership Unlocks Millions in Loans for Danish Creative and Cultural Sectors

(IN BRIEF) A new partnership between the European Investment Fund (EIF) and the Export and Investment Fund of Denmark (EIFO), backed by the EU’s InvestEU program, will provide DKK 300 million in loans to Danish businesses within the creative and … Read the full press release

ANDRITZ and PulPac Team Up to Revolutionize Sustainable Packaging with Dry Molded Fiber Technology

(IN BRIEF) ANDRITZ has formed a strategic partnership with Swedish company PulPac AB to expand the sustainable packaging market using Dry Molded Fiber technology. This nearly waterless process molds cellulose fibers into recyclable, biodegradable products such as coffee lids, cutlery, … Read the full press release

NIVEA Launches Global Initiative to Combat Social Isolation and Foster Meaningful Human Connections

(IN BRIEF) NIVEA has launched a global initiative called NIVEA CONNECT to address the growing issue of social isolation, which affects both mental and physical health. A survey conducted by NIVEA revealed that one in four people felt isolated in … Read the full press release

Marel Unveils FleXicut Jet: A Cutting-Edge Solution for Efficient and Precise Seafood Processing

(IN BRIEF) Marel’s FleXicut Jet is an innovative whitefish processing system designed to enhance efficiency, precision, and yield in the seafood industry. Using advanced water-jet technology, intelligent software, and X-ray detection, the FleXicut Jet automates the trimming and pinbone removal … Read the full press release

Wood Secures Contract to Operate One of the World’s Largest Plastics Recycling Facilities, Boosting Circular Economy

(IN BRIEF) Wood, a global consulting and engineering firm, has secured a three-year contract to operate and maintain Freepoint Eco-Systems’ advanced recycling facility in Hebron, Ohio, one of the world’s largest plastics recycling plants. The facility will process approximately 90,000 … Read the full press release

University of Liverpool’s New Heritage Institute to Tackle Global Challenges and Advance Cultural Research

(IN BRIEF) The University of Liverpool has launched a new Heritage Institute aimed at enhancing its role as a leading global research institution in heritage studies. The institute will bring together researchers from multiple disciplines to address key heritage issues … Read the full press release

voestalpine Issues First Green Bond in European Steel Sector, Raising €500 Million for Sustainable Projects

(IN BRIEF) voestalpine, a leading international steel and technology group, has successfully issued its first green corporate bond, raising EUR 500 million. The five-year bond, which offers a coupon of 3.75%, was met with high investor demand and will be … Read the full press release

RWE Partners with Port of Setúbal to Establish Key Hub for Floating Offshore Wind in Portugal

(IN BRIEF) RWE has partnered with the Port Authority of Setúbal in Portugal through a Letter of Support, aiming to transform the port into a key logistics hub for floating offshore wind projects. This initiative aligns with Portugal’s renewable energy … Read the full press release

Vaisala and Estonia Lead the Way with Europe’s First C-Band SSPA Weather Radar Installation

(IN BRIEF) Vaisala and the Estonian Environment Agency have installed Europe’s first C-band Solid-State Power Amplifier weather radar in Tallinn. This advanced technology offers improved weather forecasting accuracy, enhanced system reliability, and lower operational costs compared to traditional radars, setting … Read the full press release

LEGO House Celebrates Global Creativity as 15 AFOLs Showcase Masterpiece Builds from Around the World

(IN BRIEF) Fifteen Adult Fans of LEGO (AFOLs) from nine countries have been selected to showcase their unique LEGO creations at LEGO House in Billund, Denmark. Starting September 27, 2024, visitors will be able to admire their impressive builds at … Read the full press release

Artificial Intelligence Enhances Lives but Cannot Replace Human Essence, Say University of Helsinki Researchers

(IN BRIEF) Artificial intelligence (AI) plays an increasingly significant role in our daily lives, from automated home appliances to digital assistants and even therapeutic robots. While AI can optimize tasks and make life more efficient, ethics researchers from the University … Read the full press release

MAN Truck & Bus and UTA Edenred Launch MAN SimplePay, a Streamlined Digital Platform for Fleet Cost Management

(IN BRIEF) MAN Truck & Bus has partnered with UTA Edenred to launch MAN SimplePay, a digital platform designed to simplify fleet cost management and enhance operational transparency. Launching in late 2024, the platform will enable fleet managers to monitor … Read the full press release