Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Atos Research Shows Extended Device Lifespans Could Slash Workplace Emissions and Boost IT Sustainability

(IN BRIEF) Atos’s latest research highlights the environmental advantages of extending device lifespans in workplaces, showing that a data-driven, condition-based approach can prolong device use to 8-10 years, significantly reducing carbon emissions. The study reveals that a simple shift from … Read the full press release

Skanska to Lead Sustainable South Molton Development in London’s Mayfair with New Office and Retail Hub

(IN BRIEF) Skanska has been awarded a GBP 197 million contract by a joint venture of Grosvenor and Mitsui Fudosan UK to construct two new office buildings as part of the South Molton redevelopment in Mayfair, London. The project includes … Read the full press release

Thales Debuts AI-Driven Pathmaster Solution for Enhanced Maritime Mine Detection and Safety

(IN BRIEF) Thales unveiled its AI-powered Pathmaster solution at the Euronaval exhibition, showcasing a system designed to improve maritime mine detection and neutralization through advanced sonar data analysis. With the Mi-Map application, Pathmaster processes sonar data up to four times … Read the full press release

Thales Unveils CoastShield: AI-Powered System for Enhanced Coastal Surveillance and Security

(IN BRIEF) Thales has launched CoastShield, a scalable coastal surveillance system that uses AI and a range of integrated sensors to provide real-time monitoring of maritime activities up to 100 nautical miles. CoastShield combines data from radar, drones, and satellite … Read the full press release

Thales Launches Naval DRAKON to Enhance Secure Communication Across Modern Naval Operations

(IN BRIEF) Thales has introduced Naval DRAKON, a cybersecure communication solution designed to meet modern naval challenges by connecting diverse platforms in complex operations. Naval DRAKON integrates multiple communication systems, allowing naval forces to manage their electromagnetic presence and adapt … Read the full press release

Former CloudCoCo CEO Mark Halpin Joins SCC Digital to Lead Sales and Marketing for Purpose-Driven IT Solutions

(IN BRIEF) Mark Halpin, former CEO of CloudCoCo, has joined SCC Digital as Sales and Marketing Director. Bringing over two decades of managed services experience, Halpin is drawn to SCC Digital’s purpose-driven approach to IT solutions, including cloud, cybersecurity, data, … Read the full press release

BUKO Traffic & Safety Enters German Market with Strategic Acquisition of BVT Bremer Verkehrstechnik

(IN BRIEF) BUKO Traffic & Safety, a leading Dutch provider of traffic and safety management solutions, has expanded into the German market by acquiring BVT Bremer Verkehrstechnik GmbH. This acquisition aligns with BUKO’s broader European growth strategy, which saw it … Read the full press release

TÜV Rheinland Launches Major Shenzhen Hub to Drive Innovation and Quality Standards in South China

(IN BRIEF) TÜV Rheinland has opened its Greater Bay Area (Shenzhen) Operation Hub, marking its largest recent investment in South China and underscoring its dedication to the region’s tech and industrial sectors. The 15,000-square-meter hub, situated in Guangming Yesun Synthetic … Read the full press release

Stadler Opens New Polish Facility to Boost Rail Power Converter Production and Local Employment

(IN BRIEF) Stadler has launched a new facility in Białystok, Poland, dedicated to producing DC power converters for rail vehicles, projected to create over 500 units annually and generate 250 new jobs. The plant will also serve as a key … Read the full press release

H&M’s Holiday 2024 Collection: A Modern Take on Vintage Glamour Celebrates Style and Togetherness

(IN BRIEF) H&M’s Holiday 2024 Collection, inspired by the 1960s and 1970s couture, brings a blend of timeless sophistication and contemporary flair. Featuring bold silhouettes in black and white with playful accents like sequins and crystals, the collection offers festive … Read the full press release

Nefco Invests in Fifax’s Eco-Friendly Fish Farming Expansion in Northern Europe

(IN BRIEF) Finnish land-based fish farming company Fifax has secured a €2.5 million loan from Nefco to boost its Eckerö facility, one of the largest of its kind in Northern Europe. Using environmentally friendly Recirculating Aquaculture Systems (RAS), Fifax recycles … Read the full press release

Insurance Europe Welcomes New Leadership as Thea Utoft Høj Jensen Takes the Helm

(IN BRIEF) Insurance Europe has appointed Thea Utoft Høj Jensen as its new director general, set to succeed Michaela Koller, who has held the position for 18 years. Jensen, a seasoned professional with a background in financial services and European … Read the full press release

GRAHAM Gains SBTi Validation, Advancing Climate Leadership in Construction with Ambitious Net Zero Goals

(IN BRIEF) GRAHAM has received validation from the Science Based Targets initiative (SBTi) for its net zero greenhouse gas reduction targets, aligning its climate goals with the Paris Agreement’s 1.5°C target. This endorsement positions GRAHAM among a select few in … Read the full press release

Fresenius Medical Care Recognized Among Top 100 Women-Led Businesses in Massachusetts Under CEO Helen Giza’s Leadership

(IN BRIEF) Fresenius Medical Care (FME), a global leader in renal healthcare, has earned a spot at #4 on Massachusetts’ Top 100 Women-Led Businesses list, compiled by The Women’s Edge and The Boston Globe. CEO Helen Giza’s leadership has been … Read the full press release

Barclays Finalizes Acquisition of Tesco Bank’s Retail Business, Launches Strategic Partnership to Expand Tesco-Branded Financial Services

(IN BRIEF) Barclays has completed the acquisition of Tesco Bank’s retail banking business, including credit cards, loans, and deposits, now managed under Barclays UK. This acquisition, supported by a new 10-year partnership with Tesco, will enable Barclays to offer Tesco-branded … Read the full press release

Vodafone Connects Crete to Global Network with New IEX Subsea Cable Landing

(IN BRIEF) Vodafone Greece has linked Crete to the India-Europe-Xpress (IEX) subsea cable system via a new landing station in Tympaki, creating a new route for data traffic that strengthens connectivity and resilience on the island. Part of a broader … Read the full press release

Bentley Tallinn Unveils New Showroom and Launches Latest Continental GT and Flying Spur Models in Estonia

(IN BRIEF) Bentley Tallinn has inaugurated its new luxury showroom and service center at Pirni 1, featuring a spacious, light-filled display area and a customization section for clients to personalize their vehicles. Managed by Auto 100 Premium, the grand opening … Read the full press release

BAE Systems to Equip Dutch and Belgian Navies with Advanced Bofors 40Mk4 Naval Guns in Joint Frigate Program

(IN BRIEF) BAE Systems has signed a contract with the Dutch Materiel and IT Command to provide eight Bofors 40Mk4 naval gun systems for the anti-submarine warfare frigate program, a joint initiative between the Netherlands and Belgium. These advanced naval … Read the full press release

EBRD and EU Partner with Montenegro to Boost Energy Efficiency in Schools, Cutting CO₂ and Energy Costs

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted Montenegro a €20 million loan, supplemented by EU funding, to improve energy efficiency in 24 educational buildings, including schools and a student dormitory. The upgrades, which will include … Read the full press release

Newcastle and Northumbria Universities Reaffirm Collaborative Commitment to Strengthen City’s Future

(IN BRIEF) Newcastle and Northumbria universities have renewed their partnership through the Collaborative Newcastle Universities Agreement, aiming to support Newcastle’s health, economic growth, and environmental sustainability. This partnership focuses on community initiatives like expanding educational access, promoting student well-being, and … Read the full press release