Author Archives: EuropaWire PR Editor

Telia Recognized for Excellence in Children’s Rights by Global Child Forum

(IN BRIEF) Telia has been recognized in the Global Child Forum’s 2024 report for its outstanding contributions to children’s rights. Ranked the top Swedish company and third in the Nordic region, Telia’s efforts include initiatives focused on cybersecurity awareness, child … Read the full press release

Infineon Unveils OptiMOS 5 Linear FET 2 MOSFET, Boosting Performance and Efficiency in AI and Telecom Applications

(IN BRIEF) Infineon’s new OptiMOS 5 Linear FET 2 MOSFET enhances safe hot-swap operations in AI servers and telecom with improved SOA, reduced gate leakage, and greater design flexibility. The new device offers increased performance, efficiency, and reliability, driving innovations … Read the full press release

Finnvera Joins Net-Zero Export Credit Alliance to Drive Global Sustainability in Export Finance

(IN BRIEF) Finnvera has joined the Net-Zero Export Credit Alliance, a global network of export credit agencies committed to reducing greenhouse gas emissions in line with the Paris Agreement. The move supports Finnvera’s goal to shape the future of export … Read the full press release

Safran Strengthens Distribution Partnership with China Aviation Supplies to Expand Sustainable Aircraft Parts Access in China

(IN BRIEF) Safran Electrical & Power and Safran Ventilation Systems have renewed their distribution partnership with China Aviation Supplies Co., Ltd., enhancing the supply of sustainable OEM aircraft parts across mainland China. This agreement, supported by Safran’s regional representatives in … Read the full press release

Marks & Spencer Scales Up Beauty Recycling Initiative to 100 UK Stores, Promoting Sustainable Choices for Shoppers

(IN BRIEF) Marks & Spencer has expanded its Beauty Takeback Scheme to 100 stores across the UK, allowing customers to recycle beauty packaging easily. Launched with HANDLE, this initiative has diverted over 1.6 tonnes of packaging from landfills, contributing to … Read the full press release

Port of Rotterdam Trials Digital Bunker Delivery Notes in Partnership with ZeroNorth and Vitol

(IN BRIEF) ZeroNorth, Vitol, and the Port of Rotterdam have begun a four-week pilot to test ZeroNorth’s electronic bunker delivery note (eBDN) system, aiming to improve efficiency, transparency, and data quality in bunker operations. This trial, which includes several bunker … Read the full press release

SGS Named Innovator in Verdantix Green Quadrant for Leading ESG and Sustainability Services

(IN BRIEF) SGS has been recognized as an Innovator in Verdantix’s Green Quadrant report for ESG and Sustainability Assurance Services. This endorsement, aligned with the launch of SGS’s IMPACT NOW for sustainability suite, reinforces the company’s commitment to driving sustainability … Read the full press release

SGS and SkyeBase Introduce Drone-Based Ultrasonic Tool to Transform Industrial Inspections for Safety and Efficiency

(IN BRIEF) SGS, in partnership with SkyeBase, has launched the Elios 3 UT Probe, a cutting-edge drone-mounted tool for ultrasonic thickness (UT) measurements. This technology allows safe, precise inspections in elevated or difficult-to-reach locations without the need for scaffolding or … Read the full press release

Centrica and First Bus Partner to Expand EV Charging Access, Advancing UK Fleet Decarbonisation

(IN BRIEF) Centrica and First Bus have launched a partnership granting Centrica access to First Bus’s EV charging infrastructure, beginning at the Leicester depot. This collaboration supports both companies’ emission reduction targets and allows Centrica engineers to extend service reach … Read the full press release

Metso Rebrands Sustainability Initiative as ‘Metso Plus’ to Boost Eco-Friendly Innovation and Support EU Regulations

(IN BRIEF) Metso has rebranded its Planet Positive initiative as “Metso Plus” to support customers’ sustainability goals and align with evolving EU regulations. Launched in 2021, this initiative now includes over 100 products designed to improve energy and water efficiency, … Read the full press release

Metso and Dowa Host International Congress in Japan to Advance Recycling and Smelting Innovations

(IN BRIEF) Metso and Dowa Group’s Kosaka Smelting & Refining Co., Ltd. are hosting the 2nd International Ausmelt® TSL Licensees Congress in Japan, bringing together around 50 global industry professionals to discuss developments in recycling, the circular economy, and e-waste. … Read the full press release

Continental Tops European Tire Tests with Leading Performance in Winter and All-Season Categories

(IN BRIEF) Continental’s tires have excelled in European tire tests, winning 15 first-place rankings across various publications and automobile clubs. Their WinterContact series, including the TS 870 for small and midsize cars and the TS 870 P for more powerful … Read the full press release

Rheinmetall Secures Major Order for Advanced Sensor Cleaning Pumps in Autonomous Vehicle Market Expansion

(IN BRIEF) Rheinmetall has received a multimillion-euro order from a major German automaker to supply its electric vapor pumps, which have been innovatively adapted for sensor cleaning in autonomous vehicles. Initially developed for emissions control, this technology now ensures that … Read the full press release

Paratus Energy Moves to Euronext Oslo Børs Main Market, Marking a New Chapter in Growth and Market Access

(IN BRIEF) Paratus Energy has transitioned from Euronext Growth Oslo to the main market at Euronext Oslo Børs, becoming the fourth company to make this move within the year. Formerly known as Seadrill New Finance, Paratus serves as a holding … Read the full press release

Maritime Sector Embraces Cyber Risk for Innovation as DNV Calls for Enhanced Security Collaboration

(IN BRIEF) A new report by DNV reveals that a majority of maritime professionals (61%) are willing to accept greater cyber risks to enable innovation and digital transformation. With growing reliance on technologies like AI, IoT, and satellite communications, cyber … Read the full press release

Michael Schmid Elected as New President of Eurojust, Set to Lead Agency into Digital Age

(IN BRIEF) Michael Schmid has been elected as the new President of Eurojust, taking office on 15 November 2024 for a four-year term. Schmid, Austria’s National Member at Eurojust since 2022, will succeed Ladislav Hamran. Schmid aims to strengthen Eurojust’s … Read the full press release

EIF Invests €90 Million to Boost Portugal’s Tech Start-ups and Strengthen Cybersecurity

(IN BRIEF) The European Investment Fund (EIF) has committed €90 million to three venture capital funds focused on accelerating the growth of tech start-ups in Portugal’s deep tech and cybersecurity sectors. This investment, announced at the 2024 Web Summit in … Read the full press release

Multilateral Development Banks Commit to Mobilizing USD 120 Billion for Climate Action at COP29

(IN BRIEF) At COP29 in Baku, multilateral development banks (MDBs) announced a commitment to collectively mobilize significant financial support to help countries meet ambitious climate goals. By 2030, MDBs estimate they will direct USD 120 billion annually towards low- and … Read the full press release

EIB Announces €150 Million Investment for Forest Conservation and Restoration in Côte d’Ivoire

(IN BRIEF) At COP29, the European Investment Bank (EIB) announced a €150 million investment to support Côte d’Ivoire’s forest preservation, rehabilitation, and expansion efforts. This funding aligns with President Alassane Ouattara’s Abidjan Legacy programme, which targets deforestation, land restoration, and … Read the full press release

Jean-Jacques Henchoz to Step Down from Talanx AG, Clemens Jungsthöfel to Succeed as Head of Reinsurance

(IN BRIEF) Jean-Jacques Henchoz, a member of Talanx AG’s Board of Management and head of the Reinsurance division, will step down on 31 March 2025 after choosing not to extend his contract. Clemens Jungsthöfel, the current Chief Financial Officer and … Read the full press release

Sandvik Innovation Prize 2024 Awarded for Groundbreaking CT67/CT55 Thread Technology

(IN BRIEF) The Sandvik Innovation Prize for 2024 has been awarded to a team from Sandvik Mining and Rock Solutions for their innovative work on the CT67/CT55 thread concept. The team, led by Anders Nordberg, Tomas Jansson, Andreas Norman, and … Read the full press release

Porsche Launches Four-Week Bug Bounty Program to Strengthen Cybersecurity

(IN BRIEF) After a successful pilot in 2023, Porsche is launching a four-week Bug Bounty program to further improve the security of its products and services. The program invites ethical hackers to identify and report vulnerabilities before they can be … Read the full press release

Nordex Group to Supply 19 Cold-Climate Turbines for Wind Farm in Québec

(IN BRIEF) The Nordex Group has secured an order to supply 19 N163/5.X turbines for a wind farm in Québec, Canada. These turbines, designed for cold climates, will be mounted on 125-meter-high steel towers and are scheduled for delivery in … Read the full press release

DWS Group Streamlines Investment Leadership, Appointing Vincenzo Vedda as Global CIO to Enhance Client-Focused Strategy

(IN BRIEF) DWS Group has restructured its investment leadership by consolidating its Portfolio Management, Chief Investment Office, and Economic Research units under Vincenzo Vedda, who will also take on the role of Global Chief Investment Officer (CIO). This strategic shift … Read the full press release

GEA Powers World’s Largest Wastewater Treatment Facility in Egypt with Energy-Efficient Decanter Technology

(IN BRIEF) GEA has supplied six advanced biosolids Decanter prime 8000 dewatering units to Egypt’s West Delta Wastewater Treatment Plant, the world’s largest facility of its kind. Located near Cairo, the plant treats up to 7.5 million cubic meters of … Read the full press release

KSB Group Introduces BOATRONIC 100 MOD to Streamline Energy-Efficient Monitoring for Building Systems

(IN BRIEF) KSB Group has launched the BOATRONIC 100 MOD measuring computer, a compact solution designed to meet Germany’s updated Buildings Energy Act (GEG 2024) requirements. When paired with the BOA-Control IMS valve, it enables efficient monitoring of key metrics … Read the full press release

AI Collaboration Between GFT and NVIDIA Aims to Transform Banking and Manufacturing with Custom Solutions

(IN BRIEF) GFT Technologies has partnered with NVIDIA to introduce advanced AI solutions to the financial services and manufacturing industries. This collaboration will use NVIDIA’s AI software and computing tools along with GFT’s industry expertise to develop applications like digital … Read the full press release

HENSOLDT Secures Contract to Equip Bundeswehr’s Fennek Vehicles with Advanced BAA III Sensor Technology for Enhanced Reconnaissance

(IN BRIEF) HENSOLDT has been awarded a contract to upgrade the sensor technology on 90 Fennek vehicles for the Bundeswehr, enhancing their reconnaissance and targeting capabilities. The upgrades include transitioning scout and Joint Fire Support Team vehicles to the advanced … Read the full press release

DHL Express Appoints Abdulaziz Busbate as CEO of MENA Region to Lead Growth and Sustainable Logistics Initiatives

(IN BRIEF) DHL Express has appointed Abdulaziz Busbate as CEO of its Middle East and North Africa (MENA) operations, effective January 1, 2025. With 24 years at DHL, Busbate brings extensive experience, having led operations in both Saudi Arabia and … Read the full press release

BASF to Launch Industrial-Scale 3D-Printed Catalyst Production to Boost Green Transformation Efforts

(IN BRIEF) BASF is expanding its production capacity for its advanced X3D® catalyst technology, which utilizes 3D printing to create high-performance catalysts that improve reactor efficiency and reduce energy use. The first industrial-scale X3D production plant is set to open … Read the full press release

EIB Launches PLN 3.5 Billion Initiative with ORLEN to Boost Poland’s Renewable Energy Grid and Strengthen Energy Security

(IN BRIEF) The European Investment Bank (EIB) has provided a PLN 900 million loan to ORLEN Group for upgrades to Energa’s power grid, marking the first part of a PLN 3.5 billion funding initiative aimed at improving Poland’s energy infrastructure. … Read the full press release

Siemens’ Industrial Copilot Brings AI-Powered Efficiency to Engineering and Manufacturing, Welcoming thyssenkrupp Automation Engineering as a Global Partner

(IN BRIEF) Siemens’ Industrial Copilot, the first generative AI assistant designed for industrial engineering, has expanded its capabilities, gaining thyssenkrupp Automation Engineering as a global customer. New features include multimodal inputs, agent-based automation, and an on-premises solution to ensure data … Read the full press release

MDC Expands Global Leadership with Acquisition of Lighteum to Advance Medical Device Manufacturing

(IN BRIEF) MDC has completed the acquisition of Lighteum, a leader in nitinol-based medical component manufacturing, expanding its capabilities in the medical device industry. The acquisition combines MDC’s expertise in platinum group metals and micromachining with Lighteum’s advanced nitinol processing … Read the full press release

New Holland Construction Helps Denmark Achieve Sustainability Goals with Electric Mini Excavators at Roskilde Technical School

(IN BRIEF) New Holland Construction is supporting Denmark’s sustainability goals by providing electric mini excavators to Roskilde Technical School. These zero-emission machines are used by students in landscaping and construction projects, helping them gain the skills needed for future eco-friendly … Read the full press release

Morrisons Completes Acquisition of 36 Stores in the Channel Islands, Plans £7 Million Rebranding Investment

(IN BRIEF) Morrisons has completed the acquisition of 36 convenience stores in Jersey, Guernsey, and Alderney from SandpiperCI. The company will rebrand most of the stores to the Morrisons format, investing over £7 million in the conversion and store improvements. … Read the full press release

Port of Rotterdam’s New Tariff Structure Promotes Sustainability and Efficiency Starting in 2025

(IN BRIEF) The Port of Rotterdam Authority has announced a new tariff structure for seaport and inland port dues, effective from 1 January 2025. The changes, which include a 6% increase in 2025 and subsequent smaller increases in the following … Read the full press release

Iberdrola España Moves Forward with Wind Farm Repowering in Castilla-La Mancha to Boost Renewable Energy Production

(IN BRIEF) Iberdrola España has obtained the environmental permit for its first wind farm repowering project in Castilla-La Mancha, which includes upgrading the Molar de Molinar wind farm and another site in the region. The repowering will reduce the number … Read the full press release

SIX Group to Acquire Aquis Exchange in Strategic Move to Strengthen European Exchange Capabilities

(IN BRIEF) SIX Group has reached an agreement to acquire Aquis Exchange in a cash offer valued at 727 pence per share. The acquisition, which will enhance SIX’s European exchange capabilities, combines Aquis’s next-generation technology with SIX’s existing trading, data, … Read the full press release

EnBW to Launch 100 MW Battery Storage Facility in Marbach to Support Renewable Energy Integration

(IN BRIEF) EnBW is set to build a large-scale battery storage facility in Marbach, southern Germany, with a capacity of 100 megawatt-hours and an output of 100 megawatts, enough to power around 12,500 households for one day. The facility will … Read the full press release

Nemetschek Group Wins Big at the 2024 Construction Computing Awards, Recognizing Graphisoft and Vectorworks for Excellence in Innovation

(IN BRIEF) The Nemetschek Group earned multiple accolades at the 2024 Construction Computing Awards, with its brands Graphisoft and Vectorworks taking home prestigious honors. Graphisoft’s Archicad won the “BIM Product of the Year 2024” for the 14th consecutive time, while … Read the full press release