Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Sener Expands Leadership Role in European Defense, Participating in Six Key Projects under EDF 2024

(IN BRIEF) Sener is actively involved in six key projects under the European Defence Fund (EDF) for 2024, including BEAST, AI-WASP, ePERFECT, AURIGA, and NEREUS. These projects span various defense technologies, from missile systems to autonomous navigation and multifunctional communications. … Read the full press release

ECE and Ruby Group Partner for First Ruby Hotel in Denmark, Located in Copenhagen’s Frederiksberg District

(IN BRIEF) ECE has announced the development of the first Ruby-branded hotel in Denmark, located in Copenhagen’s Frederiksberg district. The hotel will feature 219 design rooms, a winter garden, and a panoramic roof terrace. Scheduled to open in early 2027, … Read the full press release

Henning Rönneberg to Succeed Petra von Strombeck as CEO of New Work SE After Annual General Meeting

(IN BRIEF) Petra von Strombeck has announced her decision to step down as CEO of New Work SE at the upcoming Annual General Meeting, to be succeeded by Henning Rönneberg, the current CFO & COO. Von Strombeck’s tenure saw significant … Read the full press release

KIRKBI A/S Welcomes Anne Sweeney to Its Board of Directors and Thanks Connie Hedegaard for Her Contributions

(IN BRIEF) KIRKBI A/S has appointed Anne Sweeney to its Board of Directors, bringing over three decades of experience from leading companies in the entertainment and global brands sectors. Sweeney, who has been on the LEGO A/S Board since 2020, … Read the full press release

Mercedes-Benz Launches New eActros 600 Variants to Meet Diverse Transport Needs with Enhanced Battery-Electric Features

(IN BRIEF) Mercedes-Benz Trucks is expanding its battery-electric truck portfolio with new variants of the eActros 600, aimed at offering more flexible solutions for the transport sector. The new versions, which include semitrailer tractors and platform chassis, will feature additional … Read the full press release

Adyen First to Implement JCB’s COF Tokenization, Strengthening Security and Improving Payment Authorization Rates

(IN BRIEF) Adyen has teamed up with JCB to launch the card-on-file (COF) tokenization service, enhancing online payment security for e-commerce merchants. Adyen is the first to offer this service both in Japan and globally. The COF tokenization replaces sensitive … Read the full press release

KfW Report Highlights Use of Patents and Trademarks as Collateral in SMEs, With Potential for Growth in Germany

  (IN BRIEF) A moderate percentage of small and medium-sized enterprises (SMEs) in Germany own patents or trademark rights, with 9% holding trademarks and 3% owning patents. Patents are more common in larger, R&D-focused, or internationally operating companies, while trademarks … Read the full press release

Jungheinrich to Deliver Advanced Automated Central Warehouse for Wicke GmbH + Co KG in Germany

(IN BRIEF) Jungheinrich has been awarded a contract by Wicke GmbH + Co KG for the development of an automated central warehouse in Sprockhövel, Germany, designed to optimize production supply and internal logistics. The high-bay silo warehouse will have 22,596 … Read the full press release

Bilfinger Strengthens UK Market Position with Acquisition of nZero Group to Support Energy Transition

(IN BRIEF) Bilfinger has acquired the UK-based nZero Group, including its subsidiaries Orbital Gas Systems and Thyson Technology, enhancing its expertise in the gas and hydrogen sectors. With a focus on advanced energy systems and clean energy solutions, the acquisition … Read the full press release

FORVIA HELLA to Lead Future of Autonomous Driving with Groundbreaking Control Electronics and €1 Billion in New Contracts

(IN BRIEF) FORVIA HELLA has secured over €1 billion in new orders, including the development of the Advanced Control Module (ACM) for automated driving and the Intelligent Power Distribution Module (iPDM). With production taking place in Timisoara, Romania, and development … Read the full press release

New Joint Venture Between PATRIZIA and Urbania to Deliver Sustainable Housing Solutions in Spain’s Key Metropolitan Areas

(IN BRIEF) PATRIZIA and Urbania have launched a €130 million joint venture, Sustainable Communities Spain (SC Spain), aimed at tackling the housing crisis in Spain by providing sustainable and affordable homes. SC Spain will initially develop 320 social housing units … Read the full press release

Savills Appoints Marc Edmondson as Director to Lead Expanding Data Centre Project Management Team

(IN BRIEF) Savills has appointed Marc Edmondson as a director in its London project management team, focusing on the firm’s growing data centre project management division. With over 25 years of experience, Marc will lead the data centre team across … Read the full press release

EBRD Funds US$ 30 Million Solar and Storage Project in Egypt to Enhance Clean Energy Infrastructure

(IN BRIEF) The EBRD is providing a US$ 30 million equity bridge loan to Scatec ASA’s Obelisk Solar Power project in Egypt. The loan will finance the construction of a 1 GWac solar plant and 200 MWh battery storage system … Read the full press release

EBRD Partners with Garanti BBVA Romania to Support Green Economy Investments and Banking Stability

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a €50 million subordinated loan to Garanti BBVA Romania to enhance its capital base and support sustainable lending. Garanti BBVA Romania will use the funds to invest in … Read the full press release

Lloyds and Mercore Pioneering Digital Trade Finance with Landmark Secondary Market Transactions

(IN BRIEF) Lloyds and Mercore have completed a series of landmark digital transactions involving the secondary participation in a digital bill of exchange (DBE), unlocking faster and more liquid trade processes. This innovative solution, powered by Enigio’s trace:original platform, streamlines … Read the full press release

Ramboll Expands Sustainability Expertise with Acquisition of UK Consultancy Temple

(IN BRIEF) Ramboll has acquired UK-based consultancy Temple, adding 150 employees to its workforce and significantly expanding its capabilities in environmental and sustainability services. The acquisition strengthens Ramboll’s expertise in biodiversity, impact assessments, and sustainability, supporting its long-term goals and … Read the full press release

Eviden and veenion Announce New Digital Procurement Platform for the Future of Public Administration in Germany

(IN BRIEF) Eviden and veenion GmbH have partnered to modernize the “Kaufhaus des Bundes” procurement platform with the KdB NG project. This new platform will digitize procurement for over 480 German federal authorities, providing a modern, secure, and efficient way … Read the full press release

MAN Expands Salzgitter Logistics Hub to Support Growth in Zero-Emission Vehicles and TRATON Modular System Integration

(IN BRIEF) MAN Truck & Bus has expanded its logistics center in Salzgitter, increasing its size by 53,000 square meters, now totaling 235,000 square meters. This expansion will support the growth of MAN’s zero-emission vehicle technologies, including electric trucks, buses, … Read the full press release

Ericsson and Vodafone Revolutionize Tunnel Connectivity with Innovative 5G Antennas in Arlinger Tunnel

(IN BRIEF) Vodafone and Ericsson have launched cutting-edge 5G connectivity in Arlinger Tunnel, Germany, using Ericsson’s advanced multiband mobile radio antennas. These antennas, designed to withstand tunnel-specific challenges such as vibrations and pressure changes, ensure seamless 5G coverage for Vodafone … Read the full press release

Gasum’s Charter Vessel Kairos to Use Bio-LNG for FuelEU Maritime Compliance, Cutting Carbon Footprint of Shipping Industry

(IN BRIEF) Gasum’s chartered LNG bunker vessel Kairos will run on bio-LNG to support FuelEU Maritime compliance and further reduce the carbon footprint of the shipping industry. This collaboration with Bernhard Schulte strengthens Gasum’s commitment to providing sustainable solutions for … Read the full press release