Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Ericsson Appoints Charlotte Levert as New Chief People Officer, Succeeding MajBritt Arfert

(IN BRIEF) Ericsson has appointed Charlotte Levert as its new Chief People Officer, Senior Vice President, and Head of Group Function People, effective February 10, 2025. Levert, who currently heads People for the Business Area Cloud and Software Services, will … Read the full press release

University of Bristol’s Isambard-AI Supercomputer Supports UK’s Ambitious AI Vision at Number 10 Event

(IN BRIEF) Professor Evelyn Welch, Vice-Chancellor of the University of Bristol, attended an event at Number 10 Downing Street to highlight the UK Government’s commitment to becoming a global leader in artificial intelligence (AI). The event recognized the country’s AI … Read the full press release

TUM Launches Cybersecurity Program with Google.org Support to Train the Next Generation of Digital Defenders

(IN BRIEF) The Technical University of Munich (TUM) has launched a new Cybersecurity Program to train over 200 students in the essential field of cybersecurity. Supported by up to 1 million USD from Google.org, the program aims to help students … Read the full press release

Wood Reaches Milestone with 500th Iraqi Employee, Strengthening Commitment to Local Workforce and Sustainable Energy Solutions

(IN BRIEF) Wood has reached a milestone by hiring its 500th Iraqi national employee, further solidifying its commitment to building a sustainable workforce in Iraq’s energy sector. The 500th employee, Rehab Zubaid, joined as an Administration Assistant, reflecting the company’s … Read the full press release

University of Liverpool Launches New Interdisciplinary Centre for Sustainability Research to Tackle Global Challenges

(IN BRIEF) The University of Liverpool is set to launch its new Interdisciplinary Centre for Sustainability Research (ICSR) this month, aligning with the university’s Sustainability Week. The ICSR, established in 2024, will support collaborative, interdisciplinary research aimed at addressing the … Read the full press release

EIB Prices EUR 5bn 5-Year Bond with Strong Demand and Oversubscription

(IN BRIEF) The European Investment Bank (EIB) successfully priced a EUR 5bn, 5-year EARN benchmark bond on February 5, 2025, with a coupon of 2.375% and a spread of +28.8bps over the OBL 191. The bond issuance was heavily oversubscribed, … Read the full press release

EIB Approves €2.4 Billion in Financing for Clean Energy, Infrastructure, and Global Connectivity Projects

(IN BRIEF) The European Investment Bank (EIB) has approved €2.4 billion in new financing to support a range of projects across Europe, including clean energy, transport, telecommunications, and flood protection. This includes significant funding to enhance hydrogen production, boost energy … Read the full press release

Basilea’s Cresemba Achieves Key Sales Milestone in Japan and Strong Global Growth

(IN BRIEF) Basilea Pharmaceutica Ltd announced that its antifungal drug, Cresemba® (isavuconazole), surpassed sales targets in Japan, triggering a CHF 1.2 million sales milestone payment from its partner Asahi Kasei Pharma. This achievement, reached in just the second year of … Read the full press release

Siemens Partners with Aral Pulse to Optimize Electric Vehicle Charging Infrastructure in Germany with Electrification X

(IN BRIEF) Siemens Smart Infrastructure has partnered with Aral pulse to implement Electrification X, a solution from Siemens Xcelerator, to enhance real-time monitoring and control of electric vehicle charging stations at 300 locations in Germany. The system will manage over … Read the full press release

Siemens Mobility Secures First Order for Vectron Locomotives with New Battery Power Module for Last-Mile Operations

(IN BRIEF) Siemens Mobility has secured its first order for Vectron locomotives equipped with a battery power module that allows them to operate over short distances without overhead power lines, making them ideal for last-mile operations and shunting tasks. JeMyn … Read the full press release

Equinor Launches NOK 1.99 Billion Share Buy-Back Programme for Employee Incentives

(IN BRIEF) Equinor ASA has initiated a share buy-back programme, set to run from 14 February 2025 to 15 January 2026, to meet obligations for its share-based incentive plans for employees and management. The programme allows the purchase of up … Read the full press release

Equinor Reports Strong Q4 Results and Announces Up to USD 5 Billion Share Buy-Back for 2025

(IN BRIEF) Equinor reported strong financial results for Q4 2024, with adjusted operating income of USD 7.90 billion and net income of USD 2.00 billion. The company proposed a fourth-quarter dividend of USD 0.37 per share and announced a share … Read the full press release

Equinor Launches First Tranche of USD 1.2 Billion Share Buy-Back Programme for 2025

(IN BRIEF) Equinor has announced the start of the first tranche of its 2025 share buy-back programme, set to repurchase up to USD 396 million worth of shares from the market, part of a broader programme valued at USD 5 … Read the full press release

Telefónica Tech Ranked Global Leader in Managed IoT Connectivity by Kaleido Intelligence

(IN BRIEF) Telefónica Tech has been ranked as the global leader in managed IoT connectivity by Kaleido Intelligence in its “Connectivity Vendor Hub: Competitive Analysis 2025.” The company’s Kite platform, praised for its scalability, flexibility, and advanced features in cybersecurity … Read the full press release

DHL Group Partners with Neste to Advance Sustainable Logistics and Achieve Net-Zero Emissions by 2050

(IN BRIEF) DHL Group has partnered with Neste to explore renewable solutions, such as renewable diesel and sustainable aviation fuel (SAF), to help the company achieve its goal of net-zero greenhouse gas emissions by 2050. The collaboration aims to reduce … Read the full press release

Vodafone and WWF Launch Creative Campaign to Encourage Phone Donations for Global Conservation

(IN BRIEF) Vodafone and WWF have launched a new campaign featuring animal characters like Po the panda and Obi the ostrich to encourage people to donate unused phones for responsible recycling. The initiative, part of the One Million Phones for … Read the full press release

EIF Expands Microfinance Support with €100 Million Facility for Froda to Boost SME Growth Across Europe

(IN BRIEF) The European Investment Fund (EIF) has approved a €100 million guarantee facility for Froda, increasing their lending capacity to support micro-entrepreneurs across the EU. This expands on an existing €50 million arrangement, bringing the total to €150 million. … Read the full press release

Logicor Expands Presence in Mediterranean Logistics Corridor with Acquisition of 12,850 sqm Facility in Beaucaire

(IN BRIEF) Logicor has acquired a 12,850 sqm logistics platform in Beaucaire, located within the Gard region’s Mediterranean logistics triangle. The development, set to begin in February 2025 and complete in early 2026, is part of the Domitia Business Park. … Read the full press release

E.ON Partners with Germany’s BImA to Expand Electric Vehicle Charging Network Across Federal Properties by 2027

(IN BRIEF) Germany’s Institute for Federal Real Estate (BImA) has partnered with E.ON to install 7,000 electric vehicle charging points across federal properties by 2027. The charging stations will support federal ministries, research institutes, and other government agencies, with a … Read the full press release

NatWest Extends Partnership with Team GB and Joins Forces with ParalympicsGB Through 2028

(IN BRIEF) NatWest has announced an extension of its partnership with Team GB and a new collaboration with ParalympicsGB, becoming the official banking partner for both teams through the Milano-Cortina 2026 and Los Angeles 2028 Olympic and Paralympic Games. This … Read the full press release