Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Citycon Appoints Henna Tuominen to Lead Corporate Communications During Strategic Expansion

IN BRIEF) Citycon Oyj has named Henna Tuominen as its new Director, Corporate Communications. Reporting to CEO Oleg Zaslavsky from Espoo, she will lead all facets of communications, brand management, and media relations. Tuominen brings over 20 years of experience … Read the full press release

Oceanium Launches “Living with Wind Parks” Exhibit to Showcase Synergy of Offshore Wind and Marine Life

(IN BRIEF) Diergaarde Blijdorp’s Oceanium has opened “Living with Wind Parks,” an interactive exhibit developed with Ecowende to demonstrate how offshore wind infrastructure can support North Sea ecosystems. Featuring aquaria that simulate turbine bases as artificial reefs and tree-reef nurseries … Read the full press release

University of Bristol Leads Development of First Global Information Guide for Innovative Surgery

(IN BRIEF) University of Bristol researchers and partners have created the first international Core Information Set (CIS) for innovative surgical procedures, published in the British Journal of Surgery. Arising from the 2018 “First Do No Harm” review, the CIS comprises … Read the full press release

Telenor Expands Fibre Footprint with NOK 6 Billion Acquisition of GlobalConnect’s Consumer Network

(IN BRIEF) Telenor has agreed to purchase GlobalConnect’s Norwegian consumer fibre business for NOK 6.0 billion, adding about 140,000 subscribers and boosting its market share from 22 percent to 29 percent. The acquisition will extend Telenor’s network reach, offer GlobalConnect’s … Read the full press release

German SMEs Rely on Promotional Funds for 22 Percent of Their Climate Investments in 2023, KfW Analysis Shows

(IN BRIEF) The 2023 KfW Climate Barometer special analysis shows that German SMEs now finance 22 percent of their climate investments through public promotional funds—up three points since 2021—while promotional support makes up only 13 percent of overall SME investment. … Read the full press release

University of Liverpool Leads £1.46 Million UKRI-Funded Study to Tackle Food Inequality in Social Housing

(IN BRIEF) The University of Liverpool has been awarded £1.46 million by UKRI to lead SCHOUSE, a collaboration with the University of Cambridge and local partners. The project will explore why social-housing residents in Liverpool have poorer diets—examining income, employment, … Read the full press release

University of Helsinki Study Reveals Distinct Sikhote-Alin Lineage and Conservation Needs for Siberian Flying Squirrel

(IN BRIEF) University of Helsinki researchers, with domestic and Russian partners, used genome-wide SNPs and mitochondrial DNA to chart genetic diversity in the Siberian flying squirrel. They found minimal variation in Finland and maximal, deeply divergent diversity in Russia’s Sikhote-Alin, … Read the full press release

voestalpine and VERBUND Invest €16.4 Million to Upgrade H2FUTURE Plant with Compression, Purification and Storage Capacity

(IN BRIEF) voestalpine and VERBUND are expanding the H2FUTURE PEM electrolysis pilot plant in Linz with a new compression and purification unit and five hydrogen storage tanks, at a cost of €16.4 million. The follow-up project continues their research into … Read the full press release

BARDA Invests Additional USD 39 Million to Accelerate Phase 3 Trials of Basilea’s Fosmanogepix and BAL2062

(IN BRIEF) Basilea Pharmaceutica has secured an extra USD 39 million from BARDA under its Other Transaction Agreement, bringing potential non-dilutive funding to USD 268 million over 12 years. This new tranche will finance the ongoing phase 3 trial of … Read the full press release

ANDRITZ to Deliver 33 500 t/Yr Sewage Sludge Incineration Plant with Phosphorus Recovery in Hildesheim

(IN BRIEF) ANDRITZ has been awarded a turnkey contract by KNRN to build a sewage sludge mono-incineration plant at Hildesheim’s port, with the undisclosed order value booked in Q3 2025. The facility will process 33,500 t of dry sludge annually … Read the full press release

Boehringer Ingelheim Launches Phase II Trial of Oral BI 1815368 to Treat Diabetic Macular Edema

(IN BRIEF) Boehringer Ingelheim has initiated the THULITE Phase II trial (NCT06962839) to assess BI 1815368, a novel oral agent for diabetic macular edema (DME). Affecting more than 21 million people globally, DME is typically managed by frequent eye injections, … Read the full press release

University of Glasgow Launches City-Wide Children’s Choir to Elevate Music Education

(IN BRIEF) The University of Glasgow has launched a city-wide Children’s Choir in collaboration with the National Schools Singing Programme, aiming to provide hundreds of state school pupils with professional-grade vocal training. Directed by choral scholar David Wynn-Evans, the choir … Read the full press release

Eurojust Secures Return of 66 Historic Spanish Artworks from Italy Through Cross-Border Judicial Cooperation

(IN BRIEF) Eurojust has enabled the return of 66 stolen Spanish artworks through two distinct operations. First, 65 paintings and an altarpiece were repatriated from a German collector’s villa on Lago Maggiore, Italy, after civil litigation and investigations by the … Read the full press release

EBRD and EIB Launch €410 Million Ukraine FIRST Fund to Catalyse Urban, Energy, and Tourism Recovery

(IN BRIEF) At the Ukraine Recovery Conference in Rome (10–11 July 2025), the EBRD will present a comprehensive €410 million financing package for urban development and sustainable tourism via the Ukraine FIRST Cooperation Fund, co-managed with the EIB. Funds flow … Read the full press release

EIB Mobilises €410 Million via Arcano and Buenavista Funds to Boost Spanish Urban Regeneration and Green Tourism

(IN BRIEF) The EIB has signed €410 million in agreements with Arcano Partners (€210 million) and Buenavista Infrastructure (€200 million) to finance urban development and sustainable tourism projects across Spain. The funds, sourced from the EU-financed Regional Resilience Fund under … Read the full press release

Michelin Launches CrossClimate 3 Sport All-Season Tire for Sports Cars with Alpine A390 OEM Partnership

(IN BRIEF) On July 1, 2025, Michelin introduced the CrossClimate 3 Sport, an all-season tire engineered specifically for sports cars. It combines the dynamic performance of a summer sport tire—featuring top “A” wet-grip ratings and motorsport-derived materials—with 3PMSF certification for … Read the full press release

Barclays Appoints Khaled El Dabag and Walid Mezher as Joint CEOs to Accelerate Middle East Growth

(IN BRIEF) Barclays has appointed Khaled El Dabag and Walid Mezher as Co-CEOs for its Middle East region, reporting to BBPLC President Stephen Dainton. El Dabag, with 25 years of investment banking experience in Dubai and New York, has led … Read the full press release

Ten Years of Gwynt y Môr Offshore Wind Farm Delivering 576 MW, 100 Local Jobs, and £8.5 Million for North Wales Communities

(IN BRIEF) Gwynt y Môr Offshore Wind Farm, owned by RWE with partners Stadtwerke München and Macquarie GIG, has marked ten years of operation off North Wales, delivering 576 MW of renewable capacity. Since June 2015, it has generated around … Read the full press release

Bentley India Joins Forces with ŠKODA AUTO Volkswagen India to Expand Luxury Footprint

(IN BRIEF) Bentley Motors has entered into a partnership with ŠKODA AUTO Volkswagen India Private Limited, effective 1 July 2025, to manage its import, sales, marketing, and aftersales operations in India. A new Bentley India division under SAVWIPL will lead … Read the full press release

Aviva Capital Partners and Moda Secure Over £200 Million to Deliver Nearly 1,000 Build-to-Rent Homes with 20 Percent Affordable Units in Digbeth

(IN BRIEF) Aviva Capital Partners and Moda Group, in partnership with NatWest, Homes England, and the WMCA, have secured over £200 million to develop Stone Yard, a build-to-rent community in Digbeth, Birmingham. Phase one will deliver 605 high-quality rental homes … Read the full press release