Category Archives: Business

Business Press Releases & News distributed via EuropaWire

ETNO’s Director General Lise Fuhr Departs to Lead GÉANT, Marking a New Era for Europe’s Telecom Association

(IN BRIEF) Lise Fuhr, the Director General of ETNO, Europe’s leading telecom association, will step down in fall 2024 to become CEO of GÉANT, an organization supporting European research and education networks. During her nine-year tenure, Fuhr significantly strengthened ETNO’s … Read the full press release

Hannover Finanz Acquires Saint-Gobain’s Automotive Plastics Division, Freeglass

(IN BRIEF) Hannover Finanz, through its division HF Opportunities GmbH, has acquired Freeglass GmbH & Co. KG, a manufacturer of automotive plastic components, from Saint-Gobain. Freeglass, based in Schwaikheim, Germany, generated nearly €20 million in sales in 2023. The acquisition … Read the full press release

Safran Strengthens AI Capabilities with Acquisition of Preligens

(IN BRIEF) Safran has acquired Preligens, an AI company specializing in defense and aerospace analytics, for €220 million. Preligens will be rebranded as Safran.AI and integrated into Safran Electronics & Defense. This acquisition strengthens Safran’s AI capabilities, particularly in surveillance … Read the full press release

Gasum and Hapag-Lloyd Partner to Advance Green Shipping with 20,000 Tons of Bio-LNG Supply

(IN BRIEF) Gasum has partnered with Hapag-Lloyd to supply 20,000 metric tons of waste-based bio-LNG over two years as part of the Zero Emission Maritime Buyers Alliance (ZEMBA) initiative. The bio-LNG, which significantly reduces greenhouse gas emissions, will be used … Read the full press release

New Debt Consolidation Solution from Experian and Paylink Aims to Expand Financial Access

(IN BRIEF) Experian has partnered with Paylink Solutions to launch a new debt consolidation tool, ReFi™, on the Experian Marketplace. This solution aims to make debt consolidation loans more accessible by directly paying off existing debts, which helps overcome affordability … Read the full press release

Škoda Auto’s Kvasiny and Vrchlabí Plants Mark Decades of Innovation and Sustainable Growth

(IN BRIEF) Škoda Auto is celebrating major anniversaries for its Kvasiny and Vrchlabí plants, marking 90 and 160 years of operation, respectively. The Vrchlabí plant, originally a carriage manufacturer, has evolved into a cutting-edge facility producing automatic transmissions, achieving carbon … Read the full press release

New 28,000 Sqm Logistics Hub to Be Developed in Tarragona by Logicor

(IN BRIEF) Logicor is set to develop a 28,000 sqm custom-built logistics warehouse in Tarragona for a major international company specializing in personalized promotional products. The facility, located in a strategic area near the AP-2 highway, will begin construction in … Read the full press release

Logicor Supports Blood Cancer Fight with Charity Run and €5,655 Donation in Düsseldorf

(IN BRIEF) Logicor’s German team participated in the B2Run charity event in Düsseldorf to support DKMS, a nonprofit fighting blood cancer. Thirteen team members ran a 5.8 km race, and the company donated €75 for each kilometer they completed, raising … Read the full press release

EIB’s Five-Year Milestone in Bosnia and Herzegovina: A Catalyst for Sustainable Development

(IN BRIEF) The European Investment Bank (EIB) is celebrating five years of successful operations in Bosnia and Herzegovina, during which it has provided over €900 million in financing for key infrastructure and development projects. These investments, focused on transportation, climate … Read the full press release

Natural Cotton Color lancia la collezione “Calunga” a Milano

(NOTIZIA IN BREVE) Natural Cotton Color, un marchio di moda brasiliano noto per il suo impegno verso la sostenibilità, ha lanciato la sua nuova collezione “Calunga” durante la Milano Fashion Week. La sfilata si terrà il 20 settembre 2024, presso … Read the full press release

Logicor Begins Construction on Sustainable Logistics Hub in Altrincham, Targeting Key North England Distribution Routes

(IN BRIEF) Logicor, Logicor Park Altrincham, Altrincham, Greater Manchester, UK, multi-let industrial site, warehouse space, sustainable logistics space, EPC A+, BREEAM Very Good, EV charging facilities, LED lighting, Solar PV system, biodiversity net gain, redevelopment, North West, Golden Triangle, distribution … Read the full press release

Knorr-Bremse Acquires Alstom’s North American Conventional Signalling Division in $690 Million Deal

(IN BRIEF) Alstom has sold its North American conventional signalling business to Knorr-Bremse AG for $690 million as part of a broader €2 billion financial restructuring plan. This sale is aimed at strengthening Alstom’s balance sheet and stabilizing its Investment … Read the full press release

Voestalpine Welcomes 380 New Apprentices, Emphasizes Advanced Training and Gender Diversity

(IN BRIEF) Voestalpine has welcomed 380 new apprentices across Austria as part of its commitment to training the next generation of skilled workers. With a total of 1,500 apprentices worldwide, including 1,040 in Austria, the company is one of the … Read the full press release

Outokumpu Announces Leadership Transition: Kati ter Horst to Assume Role of President and CEO

(IN BRIEF) Kati ter Horst will become the President and CEO of Outokumpu on October 1, 2024, leading to her resignation from her current role as a member and vice chairman of the company’s board of directors. The board will … Read the full press release

Vodafone Powers Europe’s First 5G Network at Temelín Nuclear Plant, Paving the Way for Secure Infrastructure Digitalization

(IN BRIEF) Vodafone has deployed the first 5G mobile private network (MPN) at Temelín Nuclear Power Plant in Czechia, marking a significant milestone in Europe. This new 5G connectivity will enhance communication within the plant, replacing traditional walkie-talkies and enabling … Read the full press release

DNV Report Highlights Technological Innovations as Key to Maritime Sector’s Emission Reductions

(IN BRIEF) DNV’s latest “Maritime Forecast to 2050” report emphasizes the critical role of technological advancements, particularly in energy efficiency and digitalization, in achieving the International Maritime Organization’s (IMO) 2030 decarbonization goals. As carbon-neutral fuels remain scarce, the report stresses … Read the full press release

Thyssenkrupp Steel, E.ON, and König-Brauerei Launch Sustainable Energy Project, Slashing CO2 Emissions by 75%

(IN BRIEF) Thyssenkrupp Steel, E.ON, and König-Brauerei have launched an innovative project that repurposes waste heat from steel production to power the brewing processes at König-Brauerei. The initiative, which includes the construction of a steam transfer pipeline by E.ON, allows … Read the full press release

TotalEnergies Commits $100 Million to U.S. Sustainable Forestry and Carbon Sequestration Initiatives

(IN BRIEF) TotalEnergies has invested $100 million in a partnership with Anew Climate and Aurora Sustainable Lands to support sustainable forestry practices across 300,000 hectares in the U.S. The initiative aims to reduce timber harvesting, enhance carbon sequestration, and improve … Read the full press release

Newly Renovated TU/e Sports Center Opens, Unveiling Largest Student Facility in the Netherlands

(IN BRIEF) Eindhoven University of Technology has unveiled its expanded and renovated Student Sports Center, now the largest in the Netherlands. The center, which was opened by Olympic medalist Sander de Graaf, features a significant increase in space and new … Read the full press release

Veteran Academic Leader Jos Keurentjes Appointed Dean of TU/e’s Chemical Engineering & Chemistry Department

(IN BRIEF) Jos Keurentjes has been appointed as the new dean of the Department of Chemical Engineering & Chemistry at Eindhoven University of Technology (TU/e), starting September 1, 2024. Keurentjes, who previously worked as a professor at TU/e for ten … Read the full press release