Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Rheinmetall to Supply Bundeswehr with 120 Mobile Aid Stations for Enhanced Military Medical Care

(IN BRIEF) Rheinmetall has been awarded a contract by the Bundeswehr to provide up to 120 mobile aid stations, with the first delivery scheduled for December 2025. The order, valued in the high double-digit million-euro range, includes ten ballistic-protected and … Read the full press release

Alfa Laval Announces New Food Innovation Centre in Copenhagen to Drive Sustainable Food Production

(IN BRIEF) Alfa Laval has unveiled plans to open its Food Innovation Centre in Copenhagen, Denmark, by 2027. This new facility is part of the company’s capital investment strategy and aims to support the food industry in tackling the challenges … Read the full press release

Lantmännen Invests in Groundbreaking Plant-Based Protein Plant Powered by Alfa Laval

(IN BRIEF) Lantmännen, a Swedish cooperative owned by farmers, is tackling the global protein gap by investing 105 million euros in a groundbreaking plant-based protein processing facility in Lidköping, Sweden. The plant, powered by Alfa Laval technology, will focus on … Read the full press release

Alfa Laval’s ConditionAlert™ Prevents Major Breakdown at Sicit with Predictive Maintenance

(IN BRIEF) Sicit, a company in Vicenza, Italy, specializing in converting leather tanning residues into protein hydrolysates, implemented Alfa Laval’s ConditionAlert™ solution to ensure optimal performance of their decanters. After installing the system in 2022, it proved invaluable in March … Read the full press release

Evonik Partners with ST Pharm to Accelerate RNA Therapeutic Development

(IN BRIEF) Evonik has partnered with ST Pharm to enhance its RNA and nucleic acid therapeutic services, combining ST Pharm’s expertise in customized nucleic acids with Evonik’s advanced lipid and lipid nanoparticle (LNP) drug product development solutions. This collaboration aims … Read the full press release

Dumarey Group to Acquire MAHLE Powertrain USA in Strategic Deal

(IN BRIEF) MAHLE has signed an agreement to sell its U.S. engineering services division, MAHLE Powertrain USA, to the Dumarey Group, with the deal expected to close in Q1 2025. The transaction includes the Plymouth, Michigan facility, which employs around … Read the full press release

Experian Achieves Workday Certified Integration Status for I-9 Management Solution, Enhancing Employee Onboarding

(IN BRIEF) Experian has achieved Workday Certified Integration status for its I-9 Management solution, enabling organizations using Workday Human Capital Management (HCM) to streamline the Form I-9 process during employee onboarding. This integration helps employers avoid errors, reduce compliance risks, … Read the full press release

European Investment Bank Announces Record EUR 5bn EARN Bond Issuance, Marks Largest Ever Climate Awareness Order Book

(IN BRIEF) The European Investment Bank (EIB) successfully priced a EUR 5bn 10-year EARN bond on January 8, 2025, marking the largest Climate Awareness EARN order book in the institution’s history at EUR 47.3bn, including EUR 1.95bn from Joint Lead … Read the full press release

USA Court Lambasts Ricardo Salinas Pliego For Contempt Of Court Order

(IN BRIEF) The Supreme Court of New York has ruled against Ricardo Salinas Pliego and Grupo Elektra for failing to comply with court-ordered financial disclosures. The court found Salinas and his entities in contempt, imposing escalating daily fines, starting at … Read the full press release

Covestro Expands Polycarbonate Production in Ohio to Meet Growing Demand in North America

(IN BRIEF) Covestro is investing a low triple-digit million Euro sum to expand its operations in Hebron, Ohio, by adding multiple production lines for polycarbonate compounds and blends. This expansion will support the growing demand for high-quality materials in industries … Read the full press release

Exus Renewables Expands Hybrid Energy Portfolio with Acquisition of 130MWp Cibele Solar Farm from Lightsource bp

(IN BRIEF) Exus Renewables has acquired the 130MWp Cibele solar farm in Portugal from Lightsource bp, expanding its renewable energy portfolio in Iberia. Construction is set to begin soon, with operations expected to start in 2026. The solar farm’s strategic … Read the full press release

ASSA ABLOY Expands Physical Access Control Solutions with Acquisition of 3millID and Third Millennium Systems

(IN BRIEF) ASSA ABLOY has announced its acquisition of 3millID Corporation and Third Millennium Systems Ltd, both specializing in physical access control solutions. These acquisitions will expand ASSA ABLOY’s offerings and support growth opportunities, particularly outside the United States. 3millID, … Read the full press release

Logicor and Huhtamaki Foodservice Renew Lease Agreement in Poland

(IN BRIEF) Logicor has extended its lease agreement with Huhtamaki Foodservice in Czeladź, Poland, covering 34,600 square meters of warehouse and 2,700 square meters of office space. Huhtamaki, a global leader in sustainable packaging, has been operating in the region … Read the full press release

Evolution AB Announces CFO Transition as Joakim Andersson Takes the Helm

(IN BRIEF) Evolution AB announced that Jacob Kaplan, the company’s CFO since 2016, will step down on February 18, 2025. Kaplan will continue to serve in an advisory role during the transition. Joakim Andersson, with extensive experience as a CFO … Read the full press release

Software GmbH Reshapes Future with Strategic Divestments and Leadership Transition

(IN BRIEF) Software GmbH has completed the sale of its Alfabet and Cumulocity businesses, following earlier divestments in July. This marks a strategic shift as the company refocuses on Adabas & Natural (A&N) and ARIS, now operating as standalone entities. … Read the full press release

Transforming Warehouse Operations: KION, Accenture, and NVIDIA Showcase AI-Driven Future at CES 2025

(IN BRIEF) KION Group, in collaboration with Accenture and NVIDIA, unveiled a vision of the future warehouse at CES 2025 in Las Vegas. The companies are using advanced AI and simulation technologies, including digital twins powered by NVIDIA’s Omniverse and … Read the full press release

Mutares Completes Sale of Asteri Facility Solutions to SOL Facility Services for Expansion in Sweden

(IN BRIEF) Mutares has completed the sale of Asteri Facility Solutions to SOL Facility Services, with the transaction finalizing in December 2024. The sale follows a successful repositioning of Asteri, which specializes in soft facility management across Sweden and is … Read the full press release

JSW Selects Dräger’s BG ProAir for Enhanced Mine Rescue Operations in Poland

(IN BRIEF) Dräger’s BG ProAir closed-circuit breathing apparatus has been chosen by Jastrzębska Spółka Węglowa (JSW) SA as the preferred respiratory protection for its mine rescue teams in Poland. The purchase of 435 units follows extensive testing at all JSW … Read the full press release

Dr. Dirk Schumacher Appointed Chief Economist of KfW Group, Bringing Extensive Economic Expertise

(IN BRIEF) Dr. Dirk Schumacher has been appointed as the new Chief Economist of KfW Group, effective 1 April 2025. With a doctorate in economics, Schumacher brings extensive experience from his previous roles at Commerzbank, Goldman Sachs, the European Central … Read the full press release

Hexagon Expands Resilient Positioning Solutions with Acquisition of Septentrio NV

(IN BRIEF) Hexagon has announced its acquisition of Septentrio NV, a leading provider of Global Navigation Satellite System (GNSS) technologies. This acquisition will combine Septentrio’s advanced GNSS platform with Hexagon’s broader positioning solutions, including sensor fusion and anti-jamming technologies, enabling … Read the full press release