Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Prudential Health India to Offer AI-Enabled Direct-to-Consumer Health Insurance Services

(IN BRIEF) Prudential HCL Health Insurance Limited, operating as Prudential Health India, has commenced operations as a standalone health insurer in India through a 70:30 joint venture between Prudential plc and the HCL Group, marking Prudential’s entry into India’s fast-growing … Read the full press release

Statkraft Strengthens Reliability of Norwegian Hydropower Assets With Vikfalli Investment

(IN BRIEF) Statkraft will invest approximately NOK 460 million in new control systems for the Vikfalli hydropower system in Vik municipality, Norway, covering the Målset, Refsdal and Hove power plants, which together produce around 860 GWh annually, equivalent to the … Read the full press release

EIF and BGK Back New Inovo Fund to Support Polish Technology Startups

(IN BRIEF) The European Investment Fund (EIF) and Bank Gospodarstwa Krajowego (BGK) have committed €30 million, approximately PLN 129 million, to a new venture capital fund managed by Inovo.vc, marking the fourth investment under the Future Tech Poland programme and … Read the full press release

Evonik Health Care Advances 2030 Sustainability Goals With Polymer LCA Data

(IN BRIEF) Evonik is now offering customers cradle-to-gate Life Cycle Assessment (LCA) data for selected EUDRAGIT® functional polymers, using its TÜV-certified LCA methodology to support pharmaceutical companies with transparent environmental data for Scope 3 emissions reporting. The data is currently … Read the full press release

IPCC Invites Governments and Experts to Review Second Draft of 2027 SLCF Methodology Report

(IN BRIEF) The Intergovernmental Panel on Climate Change (IPCC) has opened registration for experts to review the Second-Order Draft of the 2027 Methodology Report on Inventories for Short-Lived Climate Forcers, which will undergo Government and Expert Review from 31 August … Read the full press release

MAHLE Celebrates Legacy and Future of St. Johns Piston Ring Operations

(IN BRIEF) MAHLE is marking the 80th anniversary of its piston ring plant in St. Johns, Michigan, a facility that has produced high-quality components for the automotive industry since 1946 and today employs more than 180 people forming and machining … Read the full press release

One-Third of Consumers Would Switch Mortgage Lenders Over Legacy Credit Scores, Experian Finds

(IN BRIEF) Experian research finds that consumers are increasingly expecting mortgage lenders to use modern credit-scoring models that consider broader financial behaviour, with 33 percent saying they would seek another lender if their current lender relied on legacy credit scores … Read the full press release

GAIN26 to Connect Early-Career Researchers in North America With Academic Opportunities in Germany

(IN BRIEF) The German Academic International Network (GAIN) will hold its 26th annual conference, GAIN26, in San Francisco from 21 to 23 August 2026, offering the largest networking event for German academic careers outside Europe and focusing on career opportunities … Read the full press release

Indra Group Demonstrates How AI Can Support Threat Anticipation and Decision-Making in Military Operations

(IN BRIEF) Indra Group has demonstrated through the European Defence Fund-backed FaRADAI project how artificial intelligence can support military operations by interpreting complex ground-based imagery, identifying vehicles, personnel and infrastructure, assessing threats and dynamically recalculating safe routes when unforeseen situations … Read the full press release

Hydro Secures Wind, Solar and Storage-Based Power Supply From Varberg Energi

(IN BRIEF) Hydro Energi AS and Varberg Energi have signed a pilot hybrid power purchase agreement under which Varberg Energi will supply 10 GWh of electricity in SE3 over an 18-month period, using power from its own wind and solar … Read the full press release

Continental Launches Wider Aero 111 Tire for Comfort and Aerodynamic Performance

(IN BRIEF) Continental has expanded its Aero 111 road tire range with a new 32mm variant designed for challenging road conditions, long-distance comfort and aerodynamic performance. Developed with Swiss Side and DT Swiss, the front-wheel-specific tire uses a patented tread … Read the full press release

Triton-Led Consortium Takes 97.8 Percent Ownership of Cint Following Tender Offer

(IN BRIEF) Triton Partners, through Triton Fund 6, has completed the public tender offer for Cint Group AB, with the Triton-led consortium now owning approximately 97.8 percent of Cint’s shares and votes after an extended acceptance period that ended on … Read the full press release

Stadler Presents New KISS Double-Decker Trains for Vienna’s City Airport Train

(IN BRIEF) Stadler has presented three new KISS double-decker trains for the City Airport Train (CAT) service between Wien Mitte and Vienna Airport, with passenger operations scheduled to begin in autumn 2027 after completion of works linked to the Vienna … Read the full press release

Lloyds Research Identifies Skills, Cost and Data Quality as Key AI Adoption Barriers

(IN BRIEF) Lloyds research from the Lloyds Business Barometer finds that 54 percent of UK businesses say AI has created new jobs within their organisations, while 58 percent plan to invest in AI skills over the next year as adoption … Read the full press release

Valio Dairy Farms Help Supply Feedstock for Finland’s New Liquefied Biogas Facility

(IN BRIEF) Valio’s participation in the Suomen Lantakaasu biogas ecosystem has helped support the launch of Finland’s first industrial-scale liquefied biogas production plant in Nurmo, developed by Nurmon Bioenergia Oy and majority-owned by Suomen Lantakaasu Oy, a joint venture between … Read the full press release

Salzgitter AG Strengthens HKM Leadership for Steel Transformation and New Construction Projects

(IN BRIEF) Salzgitter AG is systematically realigning the management structure of Hüttenwerke Krupp Mannesmann GmbH (HKM) following its acquisition, with the aim of strengthening the company’s focus on transformation, new construction projects and integration into the Salzgitter Group. Andreas Betzler … Read the full press release

BBVA Supports Colombia Earthquake Relief With Donation, Fundraising and Service Measures

(IN BRIEF) BBVA has announced a €2 million donation to support urgent humanitarian needs, recovery and reconstruction in areas of Colombia affected by the earthquake, with funds channelled through UNHCR, UNICEF and Empresas Unidas por Colombia, an initiative led by … Read the full press release

Richard Ridinger Set to Guide dsm-firmenich’s Next Chapter as Proposed Chair

(IN BRIEF) dsm-firmenich has announced that Thomas Leysen, Chair of the Board of Directors, has decided to retire from the Board once shareholders elect a successor, following the completion of the company’s merger and the setting of its strategic direction. … Read the full press release

Omdia Report Highlights Nokia’s Strength in 5G Core, Core SaaS and Network Automation

(IN BRIEF) Nokia has been ranked No. 1 for mobile core portfolio competitiveness for the second consecutive year in Omdia’s “Market Landscape: Core Vendors” 2026 report, which named the company a leader across all seven competitiveness categories: core portfolio breadth, … Read the full press release