Category Archives: Business

Business Press Releases & News distributed via EuropaWire

METLEN and Copec EMOAC Partner to Deliver 450 GWh of Renewable Energy in Chile with Nighttime Storage Support

(IN BRIEF) METLEN has signed a 15-year agreement with Copec EMOAC to deliver 450 GWh of renewable electricity annually from four solar plants in Chile, beginning in Q2 2026. The deal includes energy delivery during nighttime hours, supported by 322 … Read the full press release

Telefónica Tech’s Kite Platform Wins Juniper Research IoT Connectivity Leadership Accolade

(IN BRIEF) Juniper Research’s “Cellular IoT Market: 2025–2030” report names Telefónica Tech a leading IoT connectivity provider, forecasting a 60 % rise in IoT connections through 2030. Telefónica Tech’s Kite platform delivers an all‑in‑one managed service—covering software, global network access, hardware, … Read the full press release

bp Agrees to Sell 1.3 GW Net US Onshore Wind Portfolio to LS Power

(IN BRIEF) bp has agreed to sell its US onshore wind arm, comprising ten operating wind farms totalling 1.7 GW gross (1.3 GW net) in seven states, to LS Power. The business—including the experienced bp Wind Energy team—will join LS Power’s Clearlight Energy fleet, boosting … Read the full press release

REN Tops CDP Supplier Engagement Assessment with A Rating After Steady Climb

(IN BRIEF) REN – Redes Energéticas Nacionais has been honoured with an “A” rating in CDP’s 2024 Supplier Engagement Assessment, reflecting the company’s leadership in embedding sustainability within its supplier relationships. This marks a notable progression from a “D” rating … Read the full press release

ABN AMRO Proposes Daniel Hartert for Supervisory Board, Succeeding Arjen Dorland

(IN BRIEF) ABN AMRO has nominated veteran executive Daniel Hartert to its Supervisory Board for a four‑year term, replacing Arjen Dorland. The appointment, subject to European Central Bank approval, will be decided at an EGM on 11 September 2025, with details posted at … Read the full press release

Sanofi Finalizes Blueprint Medicines Deal Adding Ayvakit and Robust SM Pipeline

(IN BRIEF) Sanofi has completed its purchase of Blueprint Medicines, acquiring the approved systemic mastocytosis therapy Ayvakit/Ayvakyt (avapritinib), along with two pipeline candidates: elenestinib (a KIT D816V inhibitor in Phase 2/3 HARBOR, NCT04910685) and BLU‑808 (a wild‑type KIT inhibitor). The $129.00‑per‑share … Read the full press release

ELKO Group Ends €3 Million Deal to Acquire Deltaco Baltic After Unforeseen Setbacks

(IN BRIEF) ELKO Group has withdrawn from its €3 million agreement to purchase Deltaco Baltic UAB from Aurdel Sweden AB, citing a material adverse change that emerged after the SPA was signed on 10 January 2025. A formal termination notice was … Read the full press release

Erste Group Crowned Best Bank in Central and Eastern Europe with Multiple Subsidiary Wins

(IN BRIEF) Erste Group has topped Euromoney’s Awards for Excellence as the Best Bank in Central and Eastern Europe. Its Austrian arm, Erste Bank und Sparkassen, and Czech unit, Česká spořitelna, were each named Best Bank in their home markets. … Read the full press release

Tribunal de EE.UU. advierte a Ricardo Salinas: cumpla o enfrentará multas y cárcel por desacato

Caso de AT&T entra en fase crítica con borrador de orden en Nueva York que amenaza explícitamente con prisión a directivos de Grupo Salinas por presunto incumplimiento de fallos judiciales. (NOTICIA EN BREVE) Un proyecto de orden de la Suprema … Read the full press release

LEGO and National Museum Invite Community to Build Record‑Breaking Shophouse Mural for SG60

(IN BRIEF) The LEGO® Group and the National Museum of Singapore have launched a collaborative LEGO art exhibition to commemorate Singapore’s 60th anniversary. Highlights include a record‑breaking mural of colourful 1960s shophouses built from 265,743 bricks—now part of the Singapore … Read the full press release

EIB Provides €20 Million to Solynta to Fund Disease‑Resistant True Potato Seed Technology

(IN BRIEF) The EIB has extended a €20 million venture debt facility to Solynta, a Dutch biotech firm specializing in true potato seeds, under the InvestEU initiative. This funding will accelerate Solynta’s hybrid breeding research, which replaces bulky, perishable tubers with … Read the full press release

Landmark €500 Million Green Bond Issuance by Electrica Attracts EIB Support and Oversubscribes Tenfold

(IN BRIEF) Electrica has issued Romania’s first corporate green bond, raising €500 million with strong oversubscription—demand was more than ten times the supply. The bond, backed by investors including the EIB, will be listed in Luxembourg and Bucharest. Funds will support … Read the full press release

European Investment Bank Group Unveils €15.5 Billion Boost for Water, Transport, Housing, Energy and Innovation

(IN BRIEF) During their July meetings, the EIB and EIF boards approved a combined €15.5 billion in fresh financing: €14.5 billion from the EIB and €1 billion from the EIF. Key priorities include the launch of a €40 billion Water Resilience Programme to improve … Read the full press release

Modular Viewing Platform Opens at Puttgarden to Showcase Fehmarnbelt Tunnel Construction Live

(IN BRIEF) Sund & Bælt has unveiled a new information point beside the Puttgarden site of the Fehmarnbelt tunnel project, built from repurposed shipping containers and featuring a six‑metre‑high terrace for unobstructed observation of the construction. Equipped with binoculars, interpretive … Read the full press release

Nagoya Fire Bureau Upgrades Fleet with Advanced Airbus H160 for Enhanced Aerial Emergency Response

(IN BRIEF) The Nagoya City Fire Bureau has ordered an Airbus H160 helicopter to bolster its firefighting, search and rescue and disaster response capabilities, including aerial reconnaissance. Jean‑Luc Alfonsi of Airbus Helicopters Japan praised the aircraft’s advanced safety, performance and … Read the full press release

Digi Communications N.V. announces corporate restructuring of Digi Group’s affiliated companies in Belgium

(IN BRIEF) Digi Communications N.V. has restructured its Belgian affiliates—through Digi Romania and partner Citymesh—effective 16 July 2025, streamlining the shareholding framework and unifying its Belgian operations to simplify governance and bolster operational efficiency.  (PRESS RELEASE) BUCHAREST, Romania, 17-Jul-2025 — … Read the full press release

Beiersdorf Unveils EcoBeautyScore on NIVEA and Eucerin Sites to Highlight Product Footprints

(IN BRIEF) Beiersdorf has implemented the EcoBeautyScore—a collaborative, data‑driven A‑to‑E rating system—on NIVEA and Eucerin product pages to enhance consumer transparency around environmental impact. Created with more than 70 industry partners, the score evaluates 16 sustainability dimensions. NIVEA’s Face Care … Read the full press release

ANDRITZ to Supply Annealing Furnace for CERI‑Led 400,000 t/y Galvanizing Line in Changzhou

(IN BRIEF) CERI Technology has awarded ANDRITZ a contract to supply an annealing furnace for Hebei MFG’s 400,000 tonne‑per‑year continuous galvanizing line at its Changzhou coating park. While CERI handles the mechanical terminal and post‑treatment, ANDRITZ will install its globally proven … Read the full press release

BAE Systems Debuts First UAS‑Launched Precision Munition, Hitting Air and Ground Targets Flawlessly

(IN BRIEF) BAE Systems conducted the first-ever launch of APKWS-guided munitions from a multi-rotor UAS during trials at Dugway Proving Ground, Utah. Using the SURVICE TRV‑150 drone, engineers integrated the APKWS laser-guidance kit—traditionally used on manned aircraft—to convert unguided rockets into … Read the full press release

Barnet Council to Deliver 130 Council-Owned Build-to-Rent Homes in Partnership with Aviva and Stories

(IN BRIEF) Barnet Council has obtained permission to build 130 council-owned Build-to-Rent homes at Bunns Lane, Mill Hill—50 percent of which will be affordable. Partnering with Aviva Capital Partners and developer Stories, the scheme includes public spaces, visitor parking, and … Read the full press release