Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Bord Gáis Energy Acquires Swyft Energy to Boost Solar PV Solutions and Drive Renewable Transition

(IN BRIEF) Bord Gáis Energy has acquired Swyft Energy, a leading Irish solar PV provider, to enhance its green energy offerings for residential, business, and agricultural customers. This acquisition, subject to regulatory approval, strengthens Bord Gáis Energy’s capabilities with Swyft … Read the full press release

CapMan Infra Invests in ProPellet to Drive Growth and Sustainability in Finland’s Bioenergy Sector

(IN BRIEF) CapMan Nordic Infrastructure II fund has acquired a majority stake in ProPellet Oy, Finland’s leading heat-as-a-service (HaaS) operator and bioenergy producer. ProPellet, which operates over 120 heating sites and produces pellet fuel using forestry by-products, has experienced significant … Read the full press release

Study Highlights Elevated Bleeding Risks When Combining Anticoagulants with NSAIDs

(IN BRIEF) Research published in the European Heart Journal reveals that combining anticoagulants with NSAIDs, such as ibuprofen, diclofenac, or naproxen, significantly increases the risk of internal bleeding. The study, involving over 51,000 patients in Denmark, found that the bleeding … Read the full press release

Katalist Launches as First Book & Claim System to Decarbonize Maritime Shipping

(IN BRIEF) The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) and RMI have launched Katalist, the first book & claim system for maritime shipping, enabling cargo owners and forwarders to reduce their carbon footprint without requiring a direct … Read the full press release

AstraZeneca’s Tagrisso Receives EU Recommendation as First Targeted Therapy for Unresectable EGFR-Mutated Lung Cancer

(IN BRIEF) AstraZeneca’s Tagrisso (osimertinib) has been recommended for approval in the EU for treating adult patients with unresectable, locally advanced non-small cell lung cancer (NSCLC) with EGFR mutations who have not experienced disease progression after platinum-based chemoradiation therapy. This … Read the full press release

Vivendi Proposes Strategic Spin-Off of Canal+, Havas, and Louis Hachette Group Ahead of Key Listings

(IN BRIEF) Vivendi has called for a shareholder vote on December 9, 2024, to approve the spin-off of Canal+, Havas, and the Louis Hachette Group. Canal+ plans a London Stock Exchange listing on December 16, following a November 18 Capital … Read the full press release

Thales Delivers Cutting-Edge ForceShield System to Strengthen Portugal’s Air Defence

(IN BRIEF) Thales has signed a landmark contract with the NATO Support and Procurement Agency (NSPA) to provide its ForceShield air defence system to the Portuguese Army. This first-ever ForceShield contract with a European Union country aims to enhance Portugal’s … Read the full press release

Gasum Acquires Hærup Biogas to Boost Nordic Renewable Gas Production and Expand into Denmark

(IN BRIEF) Gasum, the Nordic energy company, has signed a share purchase agreement to acquire 100% of the shares in Denmark-based Hærup Biogas ApS, marking its first biogas plant acquisition in the country. Hærup Biogas currently produces around 40 GWh … Read the full press release

Accenture and ETS Unite to Tackle Global Skills Gap with AI-Driven Talent Management Solution

(IN BRIEF) Accenture and ETS are partnering to launch an innovative talent management solution designed to bridge the global skills gap by integrating ETS’s AI-driven measurement tools, such as Futurenav™, with Accenture’s LearnVantage platform. This end-to-end system will enable organizations … Read the full press release

Alstom Highlights Vision for Urban Mobility at Rail Live! 2024 in Zaragoza

(IN BRIEF) Alstom, a global leader in smart and sustainable mobility, will participate in Rail Live! 2024, Spain’s premier railway sector event, on November 26-27 in Zaragoza. The event, focusing on discussions about the future of rail, will feature Alstom … Read the full press release

Atos Unveils Sovereign AI Platform: Revolutionizing On-Premises AI with Data Privacy and Sovereignty

(IN BRIEF) Atos has launched the Sovereign AI Platform, an advanced solution for public and private organizations to develop and maintain AI and generative AI (GenAI) models on-premises, ensuring data sovereignty, privacy, and low latency. Built on Dell Technologies’ GenAI … Read the full press release

EIB Supports €1 Billion Laakso Joint Hospital Project in Helsinki with €100 Million Initial Loan

(IN BRIEF) The European Investment Bank (EIB) has provided an initial €100 million loan for the construction of the €1 billion Laakso Joint Hospital in Helsinki, which will integrate psychiatric, neurological, geriatric, and palliative care services for 1.7 million Uusimaa … Read the full press release

Maersk Halifax Becomes Industry’s First Large Vessel Converted to Dual-Fuel Methanol Operation

(IN BRIEF) Maersk has retrofitted the Maersk Halifax into the industry’s first large dual-fuel vessel capable of operating on methanol, completed in 88 days at Zhoushan Xinya Shipyard, China. The conversion, led by MAN Energy Solutions, involved replacing engine components, … Read the full press release

Alstom Completes Cavite Extension of Manila’s LRT-1, Boosting Urban Mobility in the Philippines

(IN BRIEF) Alstom has completed the Cavite Extension of Manila’s Light Rail Transit Line 1 (LRT-1), marking its first fully integrated metro project in the Philippines. The 6.2-kilometer extension, with five new stations, reduces travel time between Baclaran and Bacoor … Read the full press release

Barco Unveils Cutting-Edge Simulation Projectors at I/ITSEC 2024, Highlighting Versatile Training Solutions

(IN BRIEF) Barco is set to showcase its latest advancements in simulation projection technology at I/ITSEC 2024 in Orlando, Florida. The company will debut two new projectors—the entry-level I600, offering 4K UHD resolution at 120 Hz, and the high-end F400-N4K, … Read the full press release

Repurposing Drugs to Tackle Antimicrobial Resistance: Insights from University of Helsinki Research

(IN BRIEF) In his doctoral research at the University of Helsinki, Matej Zore demonstrated the potential of repurposing the drugs fingolimod and etrasimod, originally developed for autoimmune diseases, to combat antimicrobial resistance (AMR). These drugs showed notable efficacy against drug-resistant … Read the full press release

TUM Researchers Harness Nature’s Rhythms to Revolutionize Robotic Efficiency

(IN BRIEF) Researchers at the Technical University of Munich (TUM) have developed a tool that enables robots to replicate the energy-efficient movement patterns of humans and animals. By leveraging “intrinsic dynamics,” the natural oscillations that make human and animal motion … Read the full press release

Fugro Launches €50 Million Share Buyback Programme to Strengthen Capital Structure

(IN BRIEF) Fugro has announced a €50 million share buyback programme to optimize its capital structure by reducing share capital and offsetting dilution from recently matured convertible bonds. Enabled by strong cash flow and a disciplined capital allocation strategy, the … Read the full press release

Enemalta Partners with Siemens to Revolutionize Malta’s Grid with Predictive Energy Management

(IN BRIEF) Enemalta, Malta’s leading energy provider, is partnering with Siemens to enhance its grid infrastructure using the Gridscale X software platform. This innovative system will enable predictive management, reduce outages, and optimize grid operations for over 450,000 residents. The … Read the full press release

EIB Global and EU Unveil €70M Initiative to Empower Armenian MSMEs and Foster Sustainable Growth

(IN BRIEF) EIB Global and the European Commission have launched a €70 million financing package to support Armenian MSMEs. The package includes €58.5 million in loans to three financial institutions—Inecobank, ArmSwissBank, and Farm Credit Armenia—and an €11 million grant to … Read the full press release