Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Eckert & Ziegler and Ariceum Therapeutics Forge Global Supply Agreement for Critical Medical Radionuclides

(IN BRIEF) Eckert & Ziegler and Ariceum Therapeutics have signed a global supply agreement for critical medical radionuclides Actinium-225 (Ac-225) and Lutetium-177 (Lu-177). The radionuclides will be used in Ariceum’s lead radiopharmaceutical drug, satoreotide, targeting hard-to-treat cancers such as small … Read the full press release

KION Group Secures SBTi Validation for Ambitious Net-Zero Climate Goals

(IN BRIEF) KION GROUP AG’s climate targets have been validated by the Science Based Targets initiative (SBTi), marking a critical milestone in its sustainability strategy. The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2050, … Read the full press release

GEA’s Cutting-Edge Technology Powers POSCO Group’s Ambitions with New Lithium Hydroxide Plant in Argentina

(IN BRIEF) GEA’s advanced evaporation and crystallization technology is central to POSCO Group’s new $1 billion lithium hydroxide (LHM) plant in Güemes, Argentina, which was inaugurated in October 2024. The plant, capable of producing 25,000 tons of lithium hydroxide annually—enough … Read the full press release

Equinor and Shell Unite to Secure UK Energy Future with Largest Independent North Sea Producer

(IN BRIEF) Equinor UK and Shell UK are joining forces to create the largest independent energy producer in the UK North Sea, combining their offshore oil and gas portfolios into a new joint venture. The company, equally owned by both … Read the full press release

Rising Housing Costs and Energy Efficiency Dominate Barclays Property Insights Report

(IN BRIEF) Barclays’ Property Insights Report reveals an 8.2% year-on-year rise in rent and mortgage costs in November, driven by homeowners transitioning to higher interest rates. Energy efficiency improvements, such as insulation and solar panels, are a priority for a … Read the full press release

Zurich Highlights Rising Climate and AI Risks in G20 Business Survey by WEF

(IN BRIEF) Zurich Insurance Group, a strategic partner of the World Economic Forum, has contributed to the Executive Opinion Survey, which highlights top risks for G20 business leaders. Economic challenges such as downturns, labor shortages, and inflation remain dominant concerns, … Read the full press release

Hacktivists and Cyber Threats Take Center Stage in Security Navigator 2025 Report by Orange Cyberdefense

(IN BRIEF) Orange Cyberdefense’s Security Navigator 2025 report highlights the intensifying cyber threat landscape, driven by geopolitical tensions, rising hacktivism, and the dual-edged role of AI. A pro-Russian hacktivist group has launched over 6,600 attacks since 2022, primarily targeting Europe … Read the full press release

Telefónica Tech Partners with Denodo to Enhance Data Management and Drive AI Innovation in Spain

(IN BRIEF) Telefónica Tech has partnered with Denodo to introduce the Denodo Platform into its portfolio, aimed at enhancing data management and integration for organizations in Spain. The platform uses data virtualization to provide real-time, secure, and governed access to … Read the full press release

AI-Powered Protein Research Accelerates Crop Innovation at BASF

(IN BRIEF) BASF is leveraging groundbreaking advances in protein research, driven by the recent Nobel Prize-winning developments in computational protein design and structure prediction. David Baker’s work with Rosetta and Demis Hassabis and John Jumper’s creation of AlphaFold2 are transforming … Read the full press release

Škoda Auto Celebrates Production of One Million Battery Systems at Mladá Boleslav Plant

(IN BRIEF) Škoda Auto has reached a major milestone by producing its one-millionth high-voltage battery system at its Mladá Boleslav plant. Since starting production in 2019 with batteries for the plug-in hybrid Superb iV, the company now focuses exclusively on … Read the full press release

ENTSO-E Celebrates 15 Years of Advancing Europe’s Clean Energy Transition and Grid Integration

(IN BRIEF) ENTSO-E, the European Network of Transmission System Operators for Electricity, is celebrating its 15th anniversary, highlighting its role in creating a clean, reliable, and competitive power system for Europe. Since its establishment in 2009, ENTSO-E has united 40 … Read the full press release

LEGO Group Introduces Sunflower Lanyard Features and Expands Inclusion Initiatives

(IN BRIEF) The LEGO Group has launched initiatives to promote inclusion for individuals with hidden disabilities. Partnering with Hidden Disabilities Sunflower, LEGO introduced Sunflower lanyard features in new LEGO sets and Minifigure Factories, raising awareness about non-visible disabilities. The company … Read the full press release

Sampo Donates €50,000 to Finnish Red Cross Disaster Relief Fund

(IN BRIEF) Sampo plc has donated €50,000 to the Finnish Red Cross Disaster Relief Fund to support global humanitarian aid for those affected by natural disasters and conflicts. The fund provides essentials like food, water, shelter, and field hospitals, while … Read the full press release

Saxo Bank Releases Outrageous Predictions for 2025, Highlighting Bold Scenarios That Could Disrupt Markets

(IN BRIEF) Saxo Bank has released its annual Outrageous Predictions for 2025, presenting a series of speculative scenarios that, while unlikely, could have dramatic effects on global markets if realized. Highlights include a hypothetical second Trump administration disrupting the US … Read the full press release

STMicroelectronics and Ampere Partner to Deliver Advanced Silicon Carbide Power Modules for Next-Generation EVs

(IN BRIEF) STMicroelectronics and Ampere, Renault Group’s EV division, have entered a multi-year agreement to supply Silicon Carbide (SiC) power modules for Ampere’s next-generation electric powertrains starting in 2026. This partnership focuses on developing an advanced powerbox to enhance EV … Read the full press release

AWS and SAP Unveil GROW with SAP on AWS Marketplace to Streamline Cloud ERP Adoption and Boost AI-Driven Innovation

(IN BRIEF) AWS and SAP have launched GROW with SAP on AWS, a new offering available through AWS Marketplace that simplifies the adoption of SAP’s S/4HANA Cloud Public Edition. This cloud-native ERP solution reduces deployment time from years to months … Read the full press release

ANDRITZ to Modernize Governador Parigot de Souza Hydropower Plant, Boosting Brazil’s Clean Energy Capacity

(IN BRIEF) ANDRITZ has been selected by Companhia Paranaense de Energia (COPEL) to modernize the Governador Parigot de Souza hydropower plant in Curitiba, Brazil. The project will include upgrades to key components such as Pelton turbines, generators, and electrical systems, … Read the full press release

SCCT Expansion Milestone: Arrival of High-Tech Cranes Signals Commitment to Innovation and Trade Efficiency

(IN BRIEF) The Suez Canal Container Terminal (SCCT) has reached a significant milestone in its expansion project with the arrival of advanced equipment, including four Super Post-Panamax quay cranes and six electric Rubber-Tyred Gantry (eRTG) cranes. These cutting-edge tools, capable … Read the full press release

ABB Acquires SIB to Strengthen Cable Protection and Electrification Portfolio Across Key Markets

(IN BRIEF) ABB has acquired Solutions Industry & Building (SIB), a French manufacturer of premium cable glands and electrical products, to expand its portfolio of electrification and cable protection solutions. This acquisition strengthens ABB’s presence in specialized markets such as … Read the full press release

ASML and Van Gogh Museum Extend Partnership to Pioneer Tech-Driven Art Preservation

(IN BRIEF) ASML and the Van Gogh Museum have extended their partnership until 2028, focusing on the preservation of Vincent van Gogh’s masterpieces using advanced technology. This collaboration includes the establishment of the ASML Science Centre, a public-facing research hub … Read the full press release