Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Schneider Electric announces two-year sponsorship of Master of Law and Business Ethics at CY Cergy Paris University

Schneider Electric continues to pursue its objective towards innovation in terms of Ethics applied to its activities by becoming the 8th Sponsor of this course The sponsorship will be supervised by Audrey Morin, Schneider Electric’s Group Compliance Director, and Roxana … Read the full press release

Kuehne+Nagel helps German toy manufacturer Schleich neutralise its entire sea freight CO2 footprint

German toy manufacturer Schleich now handles its sea freight on a CO2 neutral basis with Kuehne+Nagel Current market environment does not prevent customers from addressing the CO2 emissions of their supply chains With Net Zero Carbon, Kuehne+Nagel offers a complete … Read the full press release

Environmental projects and SMEs in Denmark to benefit from new NIB and Ringkjøbing Landbobank cooperation

(PRESS RELEASE) HELSINKI, 6-Jul-2020 — /EuropaWire/ — International financial institution NIB announces signing of a ten-year loan agreement with Danish Ringkjøbing Landbobank (RLB) for onlending to environmental projects and to small and medium-sized enterprises in Denmark. A substantial part of … Read the full press release

Imerys announces the appointment of Olivier Pirotte as Director of the Strategy and Mergers & Acquisitions and Sébastien Rouge as Chief Financial Officer

(PRESS RELEASE) PARIS, 3-Jul-2020 — /EuropaWire/ — World leader in specialty industrial minerals, Imerys announces changes in its Executive Committee as of August 2, 2020. Olivier Pirotte will become Director of the Strategy and Mergers & Acquisitions of the Group, … Read the full press release

Alfa Laval awarded a 12.5 million EUR contract to supply marine pumping systems for FPSO vessel in China

(PRESS RELEASE) LUND, 2-Jul-2020 — /EuropaWire/ — The leading heat transfer, centrifugal separation and fluid handling company Alfa Laval wins an order to supply Framo pumping systems to an FPSO (Floating Production, Storage and Offloading) vessel to be built in … Read the full press release

Schroders strengthens its private assets and real estate offerings with the acquisition of majority stake in Pamfleet

(PRESS RELEASE) LONDON, 1-Jul-2020 — /EuropaWire/ — British multinational asset management company, Schroders has reached an agreement to acquire majority stake in a value-add real estate investment manager, Pamfleet. Pamfleet, with offices in Hong Kong, Shanghai and Singapore, currently has … Read the full press release

Intesa Sanpaolo and Nexi strategic agreement received all authorisations from the competent authorities

(PRESS RELEASE) TURIN/ MILAN, 30-Jun-2020 — /EuropaWire/ — Italian banking group Intesa Sanpaolo has announced that its strategic agreement related to payment systems with Nexi, an Italian bank that specialises in payment systems, has just been finalised with all the … Read the full press release

AB Volvo number of votes changed due to Series A to Series B shares conversion

(PRESS RELEASE) GOTHENBURG, 30-Jun-2020 — /EuropaWire/ — Swedish multinational industrial company Volvo Group has announced there is a change in the number of votes in AB Volvo due to the conversion of a total of 1 837 139 Series A … Read the full press release

Digi Communications N.V. announces ANCOM approval for RCS & RDS S.A. to continue to apply a surcharge for certain roaming services provided in the EEA for a renewed maximum period of 12 months

(PRESS RELEASE) BUCHAREST, Romania, 29-Jun-2020 — /EuropaWire/ — We would like to inform the market and our investors that the National Authority for Management and Regulation of Communications in Romania (ANCOM) has authorized RCS & RDS S.A., the Company’s subsidiary … Read the full press release

bp takes next strategic step in its reinvention

bp divests its global petrochemicals business to INEOS for a total consideration of $5 billion (PRESS RELEASE) LONDON, 29-Jun-2020 — /EuropaWire/ — Multinational oil and gas company, bp announces its next strategic step in further strengthening its balance sheet and delivers … Read the full press release

SGS selected to review and verify Belmond’s enhanced cleaning protocols

(PRESS RELEASE) GENEVA, 26-Jun-2020 — /EuropaWire/ — World’s leading inspection, verification, testing and certification company, SGS announces global partnership with leading luxury travel company Belmond. The collaboration will reinforce Belmond’s commitment to safeguard the health and wellbeing of its guests … Read the full press release

The CLH Group announces renewal of its ISO 9001, ISO 14001, ISO 45001 and ISO 27001 certifications

The annual audits posed an additional challenge as they were carried out during the state of emergency and lockdown The adaptation from OSHAS 18001 to the new stricter ISO 45001 standard was also carried out (PRESS RELEASE) MADRID, 25-Jun-2020 — … Read the full press release

Ireland-based PrecisionBiotics Group now part of Novozymes

(PRESS RELEASE) COPENHAGEN, 25-Jun-2020 — /EuropaWire/ — Biotechnology company Novozymes announces its acquisition of PrecisionBiotics Group Limited. The acquisition will advance Novozymes’ activities in the area of biological solutions for human oral and gut health. PrecisionBiotics Group, based in Cork, … Read the full press release

DerbySoft Expands Metasearch Coverage for Hotels Around the World

(PRESS RELEASE) DALLAS, Texas, U.S.A., 24-Jun-2020 — /EuropaWire/ — DerbySoft, the leader in high-performance digital marketing and distribution services for the hotel industry, today announced the launch of DSCP, a new solution for hotels and agencies to reach missing or … Read the full press release

Ericsson to be sole 5G RAN supplier of Croatian communications service provider Hrvatski Telekom until 2024

(PRESS RELEASE) STOCKHOLM, 24-Jun-2020 — /EuropaWire/ — Swedish multinational networking and telecommunications company Ericsson announces that its Croatian associated company Ericsson Nikola Tesla (ZSE: ERNT-R-A) has been selected by Croatian communications service provider Hrvatski Telekom as its sole supplier of … Read the full press release

DHL Express Germany and the Airport Munich GmbH to build a new freight building at Munich Airport

(PRESS RELEASE) BONN/ MUNICH, 23-Jun-2020 — /EuropaWire/ — DHL Express Germany has announced it is investing EUR 70 million to expand its European capacities with a new gateway at Munich International Airport. The logistics company has signed a contract with … Read the full press release

Snam led consortium to acquire 49% of ADNOC Gas Pipeline Assets

ADNOC Gas Pipeline Assets LLC holds the tariff-based rights for the infrastructure (38 pipelines) that connects ADNOC’s upstream activities to Abu Dhabi’s consumption points and the export and interconnection terminals to neighboring Emirates (PRESS RELEASE) ABU DHABI, UAE, 23-Jun-2020 — … Read the full press release

Accenture and Sopra Steria transformation program to modernize Covéa’s finance function across its three brands — MAAF, MMA and GMF

(PRESS RELEASE) PARIS, 22-Jun-2020 — /EuropaWire/ — Multinational professional services company Accenture (NYSE: ACN) and Sopra Steria, European information technology consultancy formed by the merger of Sopra Group SA and Groupe Steria SCA, have announced they signed a four-year joint … Read the full press release

Kuehne+Nagel launches Net Zero Carbon, the Group’s sustainability programme for the next ten years

Sustainability Report 2019: All targets initiated in 2010 reached or exceeded (PRESS RELEASE) SCHINDELLEGI, 22-Jun-2020 — /EuropaWire/ — One of the world’s leading logistics companies Kuehne+Nagel has announced it has published its Sustainability Report 2019. The company sets out its … Read the full press release

BlackRock, Inc. now owns more than 5% in Wärtsilä Corporation

(PRESS RELEASE) HELSINKI, 22-Jun-2020 — /EuropaWire/ — Leading Finnish company Wärtsilä Corporation, active in the marine and energy markets, has announced that it has been notified by BlackRock, Inc., the world’s largest asset manager with $7.4 trillion in assets under … Read the full press release

Covid-19 impact on venture capital market: InnMind VC report 2020

InnMind, #1 platform in Europe for startups & investors, released a report based on the personal interviews with 100+ VC firms and investors from Silicon Valley & Europe regarding the covid-19 impact on the venture capital market and investment sentiments. … Read the full press release

Wärtsilä’s regulatory disclosures will be reported in Finnish and English

(PRESS RELEASE) HELSINKI, 16-Jun-2020 — /EuropaWire/ — Wärtsilä, the leader in smart technologies and complete lifecycle solutions for the marine and energy markets, has announced a change in the company’s reporting languages. From now on the company will only use … Read the full press release

Deutsche Telekom Global Carrier and Orange International Carriers join forces and combine expertise to enhance IPX services

(PRESS RELEASE) PARIS, 15-Jun-2020 — /EuropaWire/ — In today’s fast-paced business environment, organizations understand the need to join forces and take advantage of combined expertise to effectively drive success. This is the reason why Deutsche Telekom Global Carrier and Orange … Read the full press release

SEB, AMF and FAM create Sindre Invest AB to help Swedish companies make it through the economic crisis

(PRESS RELEASE) STOCKHOLM, 12-Jun-2020 — /EuropaWire/ — SEB, AMF and FAM team up to support Swedish companies in need of capital to make it through the corona crisis. The partners invested SEK 3.5bn in a jointly owned company, Sindre Invest … Read the full press release

Amey launches Bounceback Innovation Challenge to find solutions to ensure people remain safe and productive amid COVID-19 pandemic

(PRESS RELEASE) OXFORD, 11-Jun-2020 — /EuropaWire/ — Leading supplier of consulting and infrastructure support services, Amey puts its innovation capability into use by launching the Bounceback Innovation Challenge to develop solutions that will help the industry better cope with the … Read the full press release

Unilever streamlines its Group legal structure under a single parent company, Unilever PLC

(PRESS RELEASE) LONDON/ ROTTERDAM, 11-Jun-2020 — /EuropaWire/ — British-Dutch multinational consumer goods company Unilever announces plans to combine its current dual-headed legal structure under a single parent company, Unilever PLC. This move will create a simpler company with greater strategic … Read the full press release

Google Cloud and Telefónica team up to accelerate Spain’s digital transformation and advance 5G mobile edge computing

The agreement signals a firm commitment by both companies to boost the digitalization of companies, support Spain’s public administration and aid the economic recovery of the country post-Covid-19. Google Cloud announces plans to launch a cloud region in Spain that … Read the full press release

thyssenkrupp Steel Europe to reduce CO2 emissions with the use of green hydrogen from RWE Generation

CO2 emissions from iron production to be reduced 100 MW electrolyzer could cover 70% of H2 requirement of a thyssenkrupp blast furnace Rapid implementation of National Hydrogen Strategy helpful for investment decisions (PRESS RELEASE) ESSEN, 10-Jun-2020 — /EuropaWire/ — Essen … Read the full press release

Former Duff & Phelps EMEA Leader Yann Magnan joins 73 Strings as Co-founder and CEO

(PRESS RELEASE) AMSTERDAM, 9-Jun-2020 — /EuropaWire/ — Yann Magnan, who was earlier EMEA head of Duff & Phelps has joined 73 Strings as Co-founder and CEO. The firm which was mostly focused on developing products so far, will now deploy … Read the full press release

Capgemini expands its finance and accounting capabilities through global strategic alliance with BlackLine

Capgemini and BlackLine form global strategic alliance to enable organizations to optimize their finance and accounting processes (PRESS RELEASE) PARIS/ LOS ANGELES, CA, U.S.A., 8-Jun-2020 — /EuropaWire/ — Global leader in consulting, technology, professional, and outsourcing services, Capgemini announces global … Read the full press release