Category Archives: Business

Business Press Releases & News distributed via EuropaWire

TeamViewer Advances Digital Workplace Strategy with Acquisition of 1E

(IN BRIEF) TeamViewer has announced the acquisition of 1E, a leader in Digital Employee Experience (DEX) management tools, for $720 million. This strategic move enhances TeamViewer’s position in the digital workplace market by integrating its remote connectivity solutions with 1E’s … Read the full press release

Logicor Launches New Sustainable Logistics Park in Příšovice, Czech Republic

(IN BRIEF) Logicor has launched Logicor Příšovice, its first logistics park outside Prague, converting a former brownfield site into a 20,500 sqm state-of-the-art logistics hub. Strategically located along the D10 highway with railway access, the park supports production, storage, and … Read the full press release

Logicor Welcomes Systemair to Renovated Arluno Logistics Hub, Enhancing HVAC Operations in Italy

(IN BRIEF) Logicor has partnered with Systemair AB, a global HVAC solutions leader, to lease the first 8,000 sqm unit of its 16,000 sqm logistics property in Arluno, Italy. The facility, owned by the Thunder II fund managed by Kryalos … Read the full press release

EIB Funds Prologis’ Push for Renewable Energy with €225 Million Loan for Solar and Storage Systems

(IN BRIEF) Prologis, a global leader in logistics real estate, has secured a €225 million framework loan from the European Investment Bank (EIB) to install rooftop solar panels and battery storage systems at its facilities across Western and Central Europe. … Read the full press release

EIB Loan Fuels Zumtobel’s Push for Smart and Sustainable Lighting Innovation

(IN BRIEF) The European Investment Bank (EIB) has granted a €50 million loan to the Zumtobel Group to advance its research and development of innovative lighting solutions, focusing on energy-efficient and connected technologies for smart buildings and cities. With a … Read the full press release

University of Exeter’s Science of Christmas Event Inspires Young Minds in Cornwall

(IN BRIEF) The University of Exeter’s annual Science of Christmas event in Cornwall captivated 170 primary schoolchildren with stories from science and engineering. Dr. Johanna Hedlund discussed the mystery of dragonfly migration to Christmas Island, Amy Bray and Maddie Kirby … Read the full press release

Anglo American Appoints Anne Wade as Non-Executive Director to Strengthen Board Expertise

(IN BRIEF) Anglo American plc has appointed Anne Wade as a non-executive director, effective 1 January 2025. Wade will also join the Board’s Audit and Sustainability Committees. Currently chair of Man Group plc and a non-executive director at Summit Materials, … Read the full press release

Skyports Infrastructure to Manage Manhattan Downtown Heliport in Major Milestone for Sustainable Urban Mobility

(IN BRIEF) Skyports Infrastructure, in collaboration with ACS Infra / Iridium, has been awarded the contract to operate the Manhattan Downtown Heliport by the New York City Economic Development Corporation. This project aims to transform the heliport into a sustainable … Read the full press release

IKEA Kreativ Introduces New Features for Personalized Bedroom Design, Empowering Better Sleep

(IN BRIEF) IKEA Kreativ has introduced new features to help customers in the UK, US, and Canada design personalized bedrooms for better sleep. The platform now offers room scanning, duvet and pillow combination exploration, and an AI-driven product placement engine. … Read the full press release

DB Schenker Expands Fleet with 40 Volvo FM Electric Trucks, Enhancing Sustainable Logistics in Germany

(IN BRIEF) DB Schenker is expanding its fleet in Germany with 40 Volvo FM Electric trucks, marking a significant step towards sustainable logistics. These 20-ton electric trucks, capable of operating with trailers, will be deployed nationwide starting December 2024. The … Read the full press release

Uniper Ruhrgas International GmbH to Sell 18.26% Stake in AS Latvijas Gaze

(IN BRIEF) Uniper Ruhrgas International GmbH, a subsidiary of Uniper SE, plans to sell its 18.26% stake in AS Latvijas Gaze through an open and transparent bidding process, following approval from the European Commission. AS Latvijas Gaze, a major player … Read the full press release

DNV Releases New Standard to Enhance Safety and Scalability of Electrolyser Systems in Hydrogen Production

(IN BRIEF) DNV has released the DNV-ST-J301 Electrolyser Systems standard, setting a benchmark for the safe design, construction, and operation of electrolysers used in hydrogen production. This standard provides a comprehensive, risk-based framework to ensure safety and scalability throughout the … Read the full press release

Continental Announces Plans for Automotive Sector Spin-Off by End of 2025

(IN BRIEF) Continental plans to spin off its Automotive group sector by the end of 2025, with preparations to be completed by the third quarter of 2025. The move is subject to approval from the Supervisory Board in March 2025 … Read the full press release

Eviden’s IGA Solution Selected by NTT Group for Large-Scale Identity and Rights Management

(IN BRIEF) Eviden has announced that NTT Group has selected its Identity Governance and Administration (IGA) solution to manage identity and rights for 250,000 employees across Japan. This large-scale implementation will strengthen NTT Group’s cybersecurity and streamline identity management. After … Read the full press release

SGS Launches IMPACT NOW for Sustainability: A Comprehensive Climate Action Suite

(IN BRIEF) SGS has launched the IMPACT NOW for sustainability suite, featuring a new Climate pillar designed to help businesses address critical climate challenges. The suite offers a range of services, including greenhouse gas emissions consulting, carbon footprint verification, energy … Read the full press release

SGS Partners with ENSESO4Food to Revolutionize Food Traceability with Advanced Digital Platform

(IN BRIEF) SGS has partnered with ENSESO4Food to integrate the Trakkey4Food platform into SGS’s compliance services for the US FDA’s FSMA 204 traceability rule. This collaboration aims to improve food traceability, safety, and transparency across the supply chain. Trakkey4Food offers … Read the full press release

Tetra Pak and Yellow Dreams Invest €3 Million in New Recycling Plant to Boost Beverage Carton Recycling Capacity

(IN BRIEF) Tetra Pak and Yellow Dreams have invested €3 million to establish a new recycling plant in Ittervoort, Netherlands, set to begin operations in the second half of 2025. The plant will process the polyAl component from used beverage … Read the full press release

Hexagon Announces Leadership Changes: Thomas Harring Appointed EVP, Henning Sandfort to Lead Geosystems Division

(IN BRIEF) Hexagon has appointed Thomas Harring, currently President of its Geosystems division, as Executive Vice President (EVP), effective February 1, 2025. In this role, Harring will focus on enhancing operational excellence and driving business transformation. Henning Sandfort will join … Read the full press release

Roche Presents Promising Data on Bispecific Antibodies at ASH 2024, Highlighting Advancements in Lymphoma Treatment

(IN BRIEF) Roche presented new data at the ASH 2024 meeting highlighting the effectiveness of its bispecific antibodies, Columvi and Lunsumio, in treating lymphomas. Long-term studies show durable remissions and immune system recovery with fixed-duration therapies, while real-world data emphasize … Read the full press release

Credit Conditions Improve in CESEE as Banks Show Optimism Amid Economic Uncertainties

(IN BRIEF) The CESEE Bank Lending Survey by the European Investment Bank (EIB) reveals a recovery in credit demand and supply across Central Eastern and South-Eastern Europe, driven by increased consumer confidence and improved lending conditions, particularly for SMEs. Retail … Read the full press release