Category Archives: Business

Business Press Releases & News distributed via EuropaWire

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

Skanska Expands Hyperscale Data Center Project in Norway with Additional NOK 569M Contract

(IN BRIEF) Skanska has entered a NOK 569 million contract with WS Computing AS to construct the core and shell of a hyperscale data center in Skien, Norway. This deal builds on an earlier NOK 1.1 billion contract, bringing the … Read the full press release

Enea AB Announces Teemu Salmi as Incoming CEO to Lead Next Growth Phase

(IN BRIEF) Enea AB has named Teemu Salmi as its new President and CEO, effective April 1, 2025. Salmi, currently CEO of Nixu Corporation, brings extensive experience in telecom and cybersecurity, with a history of leadership roles at Ericsson and … Read the full press release

BESTSELLER and Aarhus Motion Extend Partnership to Elevate Aarhus City Half Marathon

(IN BRIEF) The BESTSELLER Aarhus City Half Marathon, a flagship event in Denmark, continues to thrive as BESTSELLER and Aarhus Motion announce an extended partnership. With over 13,000 runners participating in this year’s race, the collaboration aims to further enhance … Read the full press release

Sunrise Communications Debuts on SIX Swiss Exchange as an Independent Company

(IN BRIEF) Sunrise Communications AG, a Liberty Global spin-off, has officially listed its Class A shares on the SIX Swiss Exchange under the ticker “SUNN,” debuting at CHF 44.75 per share with a market capitalization of CHF 3.2 billion. The … Read the full press release

CapMan Infra Invests in Finland’s Leading Bioenergy and Heat-as-a-Service Provider ProPellet

(IN BRIEF) CapMan Infra, through its Nordic Infrastructure II fund, has acquired a majority stake in ProPellet Oy, Finland’s leading bioenergy producer and heat-as-a-service (HaaS) operator. ProPellet, which operates over 120 heating sites and two pellet production facilities using forestry … Read the full press release

Landmark Solar and Battery Project in Senegal to Deliver Clean Energy to 235,000 People

(IN BRIEF) An EUR 84 million investment will fund the development of two photovoltaic solar plants with integrated battery energy storage systems (BESS) in Senegal’s Kolda region, providing clean energy to 235,000 people. Spearheaded by the Emerging Africa & Asia … Read the full press release

India Eyes Satellite Tolling to Combat Traffic Woes and Pollution with Sustainable Solutions

(IN BRIEF) India is exploring satellite tolling as a sustainable solution to combat traffic congestion, air pollution, and declining road maintenance resources. Using GPS, Galileo, and other satellite systems, this advanced tolling technology enables real-time, distance-based vehicle charges without extensive … Read the full press release

PUMA Celebrates African Heritage with Launch of National Team Kits

(IN BRIEF) PUMA has launched Home and Away kits for Egypt, Côte d’Ivoire, Morocco, Senegal, and Ghana, blending cultural heritage and cutting-edge performance. Each kit reflects national identity, with designs inspired by historical and cultural elements like Egyptian Pharaohs, Moroccan … Read the full press release

Mutares Expands Nordic Portfolio with Acquisition of VR Road Logistics

(IN BRIEF) Mutares SE & Co. KGaA has signed an agreement to acquire VR Road Logistics, a Finnish road logistics provider specializing in services for industrial clients in forestry, metals, construction, and mining. The company, which generated approximately EUR 80 … Read the full press release

Global Energy Giants Commit $500 Million to Advance Universal Energy Access for Underserved Regions

(IN BRIEF) Four major energy companies—bp, Equinor, Shell, and TotalEnergies—have committed $500 million to address global energy access challenges, particularly in underserved regions like Sub-Saharan Africa, South Asia, and Southeast Asia. This collaborative effort aims to support UN Sustainable Development … Read the full press release

Amundi Acquires German Fintech aixigo to Strengthen Digital Solutions for Wealth Management

(IN BRIEF) Amundi has acquired German fintech company aixigo for €149 million, integrating its modular, API-driven technology platform into Amundi Technology. This acquisition expands Amundi’s digital services for banks and wealth managers, aiming to enhance operational efficiency and personalized financial … Read the full press release

EIB Global Partners with Azerbaijan to Modernize Baku’s Metro and Boost Sustainable Urban Transport

(IN BRIEF) EIB Global and Azerbaijan have signed a Memorandum of Understanding (MoU) to support the modernization and expansion of Baku’s metro system, aiming to improve urban mobility and reduce emissions. With technical assistance from EIB Global, Azerbaijan’s Ministry of … Read the full press release

New EIBG and Solar Impulse Initiative Helps European SMEs Boost Energy Efficiency and Cut Costs

(IN BRIEF) The European Investment Bank Group (EIBG), European Commission, and Solar Impulse Foundation have partnered to launch an initiative supporting small and medium-sized enterprises (SMEs) in Europe with energy efficiency investments. By facilitating access to clean technologies through innovative … Read the full press release

EIB Group Backs Europe’s First Solar ABS with €100M Investment, Expanding Access to Affordable Clean Energy

(IN BRIEF) The European Investment Bank (EIB) Group has invested €100 million in Europe’s first public solar asset-backed securitisation (ABS) led by German green tech company Enpal. This groundbreaking transaction, valued at €240 million, enables Enpal to refinance residential solar … Read the full press release

EIB Supports De Watergroep’s €350M Initiative to Modernize and Expand Flanders’ Drinking Water Network

(IN BRIEF) Flemish water utility De Watergroep has secured a €350 million loan from the European Investment Bank (EIB) to modernize Flanders’ drinking water infrastructure. The funding supports a comprehensive 2023-2038 plan aimed at reducing water leakage, expanding the network … Read the full press release

JASPERS Expands Advisory Reach to Ukraine and Moldova, Secures Support for European Development Projects Through 2027

(IN BRIEF) JASPERS, a collaborative advisory initiative by the European Investment Bank and the European Commission, held its annual meeting in Brussels, marking nearly two decades of supporting regional development projects across Europe and beyond. Since 2005, JASPERS has facilitated … Read the full press release

Aurubis Enhances Recycling Efficiency with €40M Investment in On-Site Oxygen Production at Lünen Plant

(IN BRIEF) Aurubis is investing €40 million to build an on-site air separation unit at its Lünen recycling plant in North Rhine-Westphalia, enabling the independent production of high-purity oxygen and nitrogen. This unit will boost production efficiency, reduce dependency on … Read the full press release

RWE Secures New Wind Projects in France, Expands Renewable Capacity with 41.3 MW in Latest Bid Round

(IN BRIEF) RWE has won contracts for two new wind projects in France’s latest onshore wind bidding round, adding a combined 41.3 MW of capacity in the Nouvelle-Aquitaine and Centre-Val de Loire regions. These projects will provide clean energy to … Read the full press release