Author Archives: EuropaWire PR Editor

Siemens and Infineon Partner to Revolutionize Embedded Software for Next-Generation Vehicles

(IN BRIEF) Siemens Digital Industries Software has partnered with Infineon Technologies to integrate Siemens’ AUTOSAR-based Capital™ Embedded AR Classic software with Infineon’s advanced AURIX™ TC4x microcontrollers. This collaboration aims to create production-ready embedded ECU software for next-generation Software-Defined Vehicles (SDVs), … Read the full press release

BAE Systems Advances Multi-Class Soft-Kill System to Counter Guided Missile Threats

(IN BRIEF) BAE Systems has been awarded a follow-on contract by the U.S. Army to advance its Multi-Class Soft-Kill System (MCSKS), enhancing protection for ground combat vehicles against guided missiles and related threats. The program will further develop the laser-based … Read the full press release

Aviva Introduces Shariah Lifestyle Investment Strategy to Expand Pension Options

(IN BRIEF) Aviva has launched a Shariah-compliant lifestyle investment strategy for workplace pension members, offering automated de-risking and a target drawdown glidepath to enhance retirement planning options. Developed in partnership with HSBC Asset Management, the strategy includes three funds—Global Equity … Read the full press release

Eni Launches HPC6: A Breakthrough in Supercomputing to Accelerate Energy Transition

(IN BRIEF) Eni has launched HPC6, a cutting-edge supercomputer with a peak performance of 606 PFlop/s, ranking fifth globally and first in Europe for industrial use. HPC6 supports Eni’s decarbonization and energy transition efforts by enhancing CO2 storage research, biofuel … Read the full press release

Kjell Gruner Appointed CEO of Volkswagen Group of America, Set to Begin December 12, 2024

(IN BRIEF) Kjell Gruner has been named President and CEO of Volkswagen Group of America and CEO of the Volkswagen Brand North America, effective December 12, 2024. He replaces Pablo Di Si, who stepped down, with interim leadership by Gerrit … Read the full press release

MFB Commits €20 Million to EIF-Led Three Seas Initiative Innovation Fund to Support Central and Eastern European Businesses

(IN BRIEF) The MFB Hungarian Development Bank has pledged €20 million to the 3SI Innovation Fund, which is led by the European Investment Fund (EIF). The fund, targeting growth-stage businesses in Central and Eastern Europe, aims to raise €180 million … Read the full press release

EIB Marks 1,000 Days of War in Ukraine with €14.5 Million Support for Municipal Infrastructure in Dnipro and Mykolaiv

(IN BRIEF) In response to Ukraine’s ongoing recovery efforts, the European Investment Bank (EIB) has allocated €14.5 million in EU-backed funds to support the rehabilitation of municipal infrastructure in Dnipro and Mykolaiv. This funding will aid in the restoration of … Read the full press release

FTSE Russell Introduces FTSE MIB ESG Risk-Adjusted Index to Meet Growing Demand for ESG-Focused Market Solutions

(IN BRIEF) FTSE Russell has launched the FTSE MIB ESG Risk-Adjusted Index, which adjusts constituent weights based on ESG and carbon risks, offering a more sustainable alternative to traditional indices. The index focuses on reducing exposure to fossil fuels and … Read the full press release

DHL Global Connectedness Tracker Reveals Resilience of Globalization Amid Geopolitical Shifts

(IN BRIEF) The DHL Global Connectedness Tracker 2024 reveals that globalization remains strong, with international trade reaching near record levels. It highlights the growing role of unaligned countries in global trade, the continued expansion of information flows, and the resilience … Read the full press release

Bentley Home Opens First UAE Showroom in Dubai, Celebrating 11 Years of Luxury Design

(IN BRIEF) Bentley Home has opened its first showroom in the UAE, located in the Dubai Mall Zabeel, marking the brand’s 11th anniversary. The showroom features a selection of Bentley Home’s latest collections alongside classic pieces, all crafted with luxury … Read the full press release

Prudential Unveils AI Lab in Singapore to Drive Innovation and AI Adoption

(IN BRIEF) Prudential has launched the Prudential AI Lab in Singapore to accelerate the integration of AI technologies across its operations, aiming to enhance customer experience, streamline services, and promote innovation. The Lab will collaborate with government agencies, academic institutions, … Read the full press release

Deutsche Telekom Introduces Magenta AI for Effortless, AI-Powered Information Discovery

(IN BRIEF) Deutsche Telekom has launched Magenta AI within its MeinMagenta app, offering users an AI-powered solution for real-time, direct answers to complex questions. Developed in partnership with Perplexity, this feature not only provides responses but also curates articles in … Read the full press release

IPTO Joins ENCS to Strengthen Cybersecurity in Greece’s Power Grid

(IN BRIEF) The Independent Power Transmission Operator (IPTO) of Greece has joined the European Network for Cyber Security (ENCS) as a full member. This partnership will allow IPTO to contribute to ENCS’s cybersecurity strategies and benefit from its expertise in … Read the full press release

Siemens Partners with UAE Ministry of Energy and Infrastructure for Landmark Decarbonization Program

(IN BRIEF) Siemens has partnered with the UAE Ministry of Energy and Infrastructure to retrofit 60 government buildings with energy-efficient technologies as part of a decarbonization program aligned with the UAE’s net-zero emissions goal by 2050. The program aims to … Read the full press release

TotalEnergies and Oil India Limited Partner to Tackle Methane Emissions with Advanced AUSEA Technology

(IN BRIEF) TotalEnergies and Oil India Limited (OIL) have signed a Cooperation Agreement to use TotalEnergies’ AUSEA technology to detect and measure methane emissions at OIL’s sites in India. This partnership aligns with OIL’s recent commitment to the Oil and … Read the full press release

LANXESS Helps De Watergroep Tackle PFAS Contamination with Mobile Water Treatment Plant in Belgium

(IN BRIEF) LANXESS has supplied its Lewatit TP 108 DW ion exchange resin for De Watergroep’s mobile water treatment plant in Brussels, Belgium, aimed at removing PFAS contamination from drinking water. The modular plant, operational since May 2024, can treat … Read the full press release

Mercedes-Benz Kicks Off Production of eActros 600, Key Milestone for Sustainable Transport

(IN BRIEF) Mercedes-Benz is set to begin the series production of its battery-electric eActros 600 at the Wörth plant on November 22, 2024, marking a major step in reducing CO2 emissions from long-haul transport. The production of key components for … Read the full press release

University of Exeter Researchers Recognized Among World’s Most Influential in 2024 Rankings

(IN BRIEF) The University of Exeter has achieved significant recognition with 15 of its academics, and four affiliated researchers, included in Clarivate Analytics’ Highly Cited Researchers 2024 report. The rankings highlight individuals whose research, spanning the past decade, has had … Read the full press release

SEGRO Collaborates with Bouygues Bâtiment Industrie to Transform Historic Les Gobelins Station into Sustainable Urban Logistics Hub

(IN BRIEF) SEGRO has partnered with Bouygues Bâtiment Industrie to redevelop the historic Les Gobelins railway station in Paris into an innovative urban logistics hub, set to open in 2025. Spanning 75,000 m² and featuring modular units, the SEGRO Paris … Read the full press release

Kapsch TrafficCom Strengthens Partnership with Pamplona through EUR 1.2 Million Traffic Management Contract

(IN BRIEF) The city of Pamplona has awarded a EUR 1.2 million contract to Kapsch TrafficCom to maintain its traffic management system. The agreement, initially set for 14.5 months with options for annual extensions, involves servicing roadside hardware, including traffic … Read the full press release

Altea Green Power Joins Euronext STAR Milan, Advancing Its Renewable Energy Mission

(IN BRIEF) Altea Green Power, a renewable energy company specializing in developing eco-friendly power generation plants, has transitioned from Euronext Growth Milan to the prestigious Euronext STAR Milan segment. With a market capitalization of €127.2 million, Altea Green Power is … Read the full press release

Dutch Research Council Allocates €1.5 Million for Innovative Science Communication Projects

(IN BRIEF) The Dutch Research Council (NWO) has announced €1.5 million in funding for science communication projects that strengthen connections between science and society. Open to professionals from research institutions, museums, and public organizations, the funding encourages innovative approaches that … Read the full press release

Bord Gáis Energy Acquires Swyft Energy to Boost Solar PV Solutions and Drive Renewable Transition

(IN BRIEF) Bord Gáis Energy has acquired Swyft Energy, a leading Irish solar PV provider, to enhance its green energy offerings for residential, business, and agricultural customers. This acquisition, subject to regulatory approval, strengthens Bord Gáis Energy’s capabilities with Swyft … Read the full press release

CapMan Infra Invests in ProPellet to Drive Growth and Sustainability in Finland’s Bioenergy Sector

(IN BRIEF) CapMan Nordic Infrastructure II fund has acquired a majority stake in ProPellet Oy, Finland’s leading heat-as-a-service (HaaS) operator and bioenergy producer. ProPellet, which operates over 120 heating sites and produces pellet fuel using forestry by-products, has experienced significant … Read the full press release

Study Highlights Elevated Bleeding Risks When Combining Anticoagulants with NSAIDs

(IN BRIEF) Research published in the European Heart Journal reveals that combining anticoagulants with NSAIDs, such as ibuprofen, diclofenac, or naproxen, significantly increases the risk of internal bleeding. The study, involving over 51,000 patients in Denmark, found that the bleeding … Read the full press release

Katalist Launches as First Book & Claim System to Decarbonize Maritime Shipping

(IN BRIEF) The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) and RMI have launched Katalist, the first book & claim system for maritime shipping, enabling cargo owners and forwarders to reduce their carbon footprint without requiring a direct … Read the full press release

AstraZeneca’s Tagrisso Receives EU Recommendation as First Targeted Therapy for Unresectable EGFR-Mutated Lung Cancer

(IN BRIEF) AstraZeneca’s Tagrisso (osimertinib) has been recommended for approval in the EU for treating adult patients with unresectable, locally advanced non-small cell lung cancer (NSCLC) with EGFR mutations who have not experienced disease progression after platinum-based chemoradiation therapy. This … Read the full press release

Vivendi Proposes Strategic Spin-Off of Canal+, Havas, and Louis Hachette Group Ahead of Key Listings

(IN BRIEF) Vivendi has called for a shareholder vote on December 9, 2024, to approve the spin-off of Canal+, Havas, and the Louis Hachette Group. Canal+ plans a London Stock Exchange listing on December 16, following a November 18 Capital … Read the full press release

Thales Delivers Cutting-Edge ForceShield System to Strengthen Portugal’s Air Defence

(IN BRIEF) Thales has signed a landmark contract with the NATO Support and Procurement Agency (NSPA) to provide its ForceShield air defence system to the Portuguese Army. This first-ever ForceShield contract with a European Union country aims to enhance Portugal’s … Read the full press release

Gasum Acquires Hærup Biogas to Boost Nordic Renewable Gas Production and Expand into Denmark

(IN BRIEF) Gasum, the Nordic energy company, has signed a share purchase agreement to acquire 100% of the shares in Denmark-based Hærup Biogas ApS, marking its first biogas plant acquisition in the country. Hærup Biogas currently produces around 40 GWh … Read the full press release

Accenture and ETS Unite to Tackle Global Skills Gap with AI-Driven Talent Management Solution

(IN BRIEF) Accenture and ETS are partnering to launch an innovative talent management solution designed to bridge the global skills gap by integrating ETS’s AI-driven measurement tools, such as Futurenav™, with Accenture’s LearnVantage platform. This end-to-end system will enable organizations … Read the full press release

Alstom Highlights Vision for Urban Mobility at Rail Live! 2024 in Zaragoza

(IN BRIEF) Alstom, a global leader in smart and sustainable mobility, will participate in Rail Live! 2024, Spain’s premier railway sector event, on November 26-27 in Zaragoza. The event, focusing on discussions about the future of rail, will feature Alstom … Read the full press release

Atos Unveils Sovereign AI Platform: Revolutionizing On-Premises AI with Data Privacy and Sovereignty

(IN BRIEF) Atos has launched the Sovereign AI Platform, an advanced solution for public and private organizations to develop and maintain AI and generative AI (GenAI) models on-premises, ensuring data sovereignty, privacy, and low latency. Built on Dell Technologies’ GenAI … Read the full press release

EIB Supports €1 Billion Laakso Joint Hospital Project in Helsinki with €100 Million Initial Loan

(IN BRIEF) The European Investment Bank (EIB) has provided an initial €100 million loan for the construction of the €1 billion Laakso Joint Hospital in Helsinki, which will integrate psychiatric, neurological, geriatric, and palliative care services for 1.7 million Uusimaa … Read the full press release

Maersk Halifax Becomes Industry’s First Large Vessel Converted to Dual-Fuel Methanol Operation

(IN BRIEF) Maersk has retrofitted the Maersk Halifax into the industry’s first large dual-fuel vessel capable of operating on methanol, completed in 88 days at Zhoushan Xinya Shipyard, China. The conversion, led by MAN Energy Solutions, involved replacing engine components, … Read the full press release

Alstom Completes Cavite Extension of Manila’s LRT-1, Boosting Urban Mobility in the Philippines

(IN BRIEF) Alstom has completed the Cavite Extension of Manila’s Light Rail Transit Line 1 (LRT-1), marking its first fully integrated metro project in the Philippines. The 6.2-kilometer extension, with five new stations, reduces travel time between Baclaran and Bacoor … Read the full press release

Barco Unveils Cutting-Edge Simulation Projectors at I/ITSEC 2024, Highlighting Versatile Training Solutions

(IN BRIEF) Barco is set to showcase its latest advancements in simulation projection technology at I/ITSEC 2024 in Orlando, Florida. The company will debut two new projectors—the entry-level I600, offering 4K UHD resolution at 120 Hz, and the high-end F400-N4K, … Read the full press release

Repurposing Drugs to Tackle Antimicrobial Resistance: Insights from University of Helsinki Research

(IN BRIEF) In his doctoral research at the University of Helsinki, Matej Zore demonstrated the potential of repurposing the drugs fingolimod and etrasimod, originally developed for autoimmune diseases, to combat antimicrobial resistance (AMR). These drugs showed notable efficacy against drug-resistant … Read the full press release

TUM Researchers Harness Nature’s Rhythms to Revolutionize Robotic Efficiency

(IN BRIEF) Researchers at the Technical University of Munich (TUM) have developed a tool that enables robots to replicate the energy-efficient movement patterns of humans and animals. By leveraging “intrinsic dynamics,” the natural oscillations that make human and animal motion … Read the full press release

Fugro Launches €50 Million Share Buyback Programme to Strengthen Capital Structure

(IN BRIEF) Fugro has announced a €50 million share buyback programme to optimize its capital structure by reducing share capital and offsetting dilution from recently matured convertible bonds. Enabled by strong cash flow and a disciplined capital allocation strategy, the … Read the full press release