Category Archives: Business

Business Press Releases & News distributed via EuropaWire

ABN AMRO Completes Acquisition of HAL, Creating a Top-Three German Wealth Manager with EUR 70 Billion AUM

(IN BRIEF) ABN AMRO has completed the purchase of Hauck Aufhäuser Lampe AG from Fosun’s Bridge Fortune Investment, following regulatory approval. The acquisition merges HAL with Bethmann Bank to create a top-three German wealth-management provider, with 2,000 employees in 18 … Read the full press release

ISS to Deliver Integrated Facility Services for VELUX Across 12 European Countries from Late 2025

(IN BRIEF) ISS has entered a five-year partnership with VELUX Group to deliver integrated facility services—covering cleaning, waste management, catering, reception, and outdoor maintenance—across 12 Northern and Central European countries. Deployment begins in Denmark on 1 October 2025, with full … Read the full press release

Capgemini Report Shows AI Dominates Sports Data While Fans Seek Authentic Live Thrills

(IN BRIEF) The Capgemini Research Institute’s latest report finds that AI and generative AI have become the go-to sources for sports information, preferred by 54 percent of fans and trusted by 59 percent. A majority (67 percent) want a unified … Read the full press release

Ramboll Expands Americas Biodiversity Metric to Cover Full North American Habitat Data

(IN BRIEF) Ramboll has released ABM 2.0, an upgraded biodiversity quantification tool now covering the entire United States, Canada, and northern Mexico. Adapted from the Natural England Biodiversity Metric and developed with NatureServe, the ABM initially focused on habitats in … Read the full press release

KPN Elevates Senior LGBTQIA+ Voices This Pride to Prove Queerness Is Here to Stay

(IN BRIEF) KPN’s new Pride campaign spotlights the stories of senior LGBTQIA+ individuals to counter the notion that queerness is a trend, while highlighting the rise in online hate. Spearheaded by Chief People Officer Hilde Garssen, the initiative shares testimonies … Read the full press release

Fortum Completes PLN 120 Million Acquisition of Orange Energia to Expand Polish Retail Footprint

(IN BRIEF) Fortum has completed its acquisition of Orange Energia Sp. z o.o. in Poland for up to PLN 120 million (EUR 28 million), paying about PLN 90 million in cash at closing and deferring the remainder to early 2029 … Read the full press release

ANDRITZ and Norske Skog Skogn Upgrade PM1 for Dual-Mode Newsprint and NOR Book Production by 2026

(IN BRIEF) ANDRITZ and Norske Skog Skogn will convert PM1 at the Skogn mill into a dual-mode line for newsprint and the new NOR Book grade, targeting a top-three European market position. Startup is planned for Q2 2026. The upgrade … Read the full press release

Scottish Universities Present Interactive Medical Ultrasound Innovations at Royal Society Summer Science Exhibition

(IN BRIEF) Between 1 and 6 July, the EPSRC Centre for Doctoral Training in Future Ultrasonic Engineering (FUSE CDT)—a collaboration led by the Universities of Glasgow and Strathclyde, with support from Dundee and King’s College London—will showcase its ultrasound research … Read the full press release

Škoda Begins Vietnamese Assembly of Kushaq in Partnership with Thanh Cong Group

(IN BRIEF) Škoda has launched local assembly and sales of the Kushaq in Vietnam, becoming the first Škoda model built in the country from CKD kits supplied from India. The new Thanh Cong Group joint-venture plant, opened in March 2025, … Read the full press release

Azimut and Eni Next Team Up on €100M ELTIF for Clean Tech Venture Investments

(IN BRIEF) Azimut Group and Eni Next will co-launch a €100 million ELTIF in September 2025 to invest in pioneering “clean tech” ventures, particularly U.S. startups scaling decarbonization, energy efficiency, sustainable mobility, and circular-economy solutions. The Luxembourg-based fund, operating under … Read the full press release

Roche Announces Retirement of pRED Head Hans Clevers and Communications Leader Barbara Schädler

(IN BRIEF) Roche has revealed that Dr. Hans Clevers, Head of Pharma Research and Early Development and board member since 2019, will retire from his pRED role at the end of August, though he will continue leading the Institute of … Read the full press release

EIB and CAF Forge Strategic Partnership to Mobilize Climate Finance in Latin America and the Caribbean

(IN BRIEF) The European Investment Bank and CAF Development Bank of Latin America and the Caribbean signed a memorandum of understanding in Seville, pledging to deepen their cooperation on high-impact projects across Latin America and the Caribbean. Formalized by EIB … Read the full press release

Equinor Uncovers 9–15 Million Barrels in Drivis Tubåen Well on Johan Castberg Field

(IN BRIEF) Equinor’s latest Barents Sea exploration well, Drivis Tubåen (7720/7-DD-1H), has uncovered 9–15 million barrels of oil within the Tubåen formation. Drilled as an offset from a production well by the Transocean Enabler, the discovery will be evaluated for … Read the full press release

Vodafone and AST SpaceMobile Launch SatCo in Luxembourg to Deliver Direct-to-Device Satellite Broadband

(IN BRIEF) Vodafone and AST SpaceMobile are launching SatCo, a Luxembourg-based joint venture to deliver space-based cellular broadband directly to unmodified smartphones across Europe. With interest from operators in 21 EU countries and commercial roll-out starting in 2026, SatCo will … Read the full press release

Deutsche Telekom Unveils T Cloud for Unified, Sovereign B2B Cloud Services

(IN BRIEF) On July 1, 2025, Deutsche Telekom will launch T Cloud, a unified cloud platform marketed jointly by Telekom Deutschland and T-Systems. Lars Neumann will head the initiative, managing sales and development of all public, private, and hybrid cloud … Read the full press release

Orange Business Launches Dedicated Defense & Security Division to Bolster National Sovereignty

(IN BRIEF) Orange Business has inaugurated a dedicated Defense & Security Division (DD&S) to strengthen its support of defense and homeland security entities in France and Europe. Formed under the “Lead the Future” plan, DD&S consolidates several hundred specialists to … Read the full press release

NEURA Robotics Selects GFT for Strategic AI Software Partnership

(IN BRIEF) GFT Technologies has been appointed strategic software partner to NEURA Robotics, a leader in cognitive robotics. Building on a successful proof-of-concept for a next-generation software platform, GFT will leverage its expertise in data, AI, and high-performance computing to … Read the full press release

Dürr AG Sells Environmental Technology Arm to Stellex, Boosts Automation Focus

(IN BRIEF) Dürr AG has agreed to sell its environmental technology business, Clean Technology Systems Environmental, to a Stellex Capital affiliate for an enterprise value of about €385 million, with net proceeds of roughly €250 million earmarked for debt reduction … Read the full press release

Schaeffler Integrates GPS Trackers into Smart Box System for Precision Bearing Logistics

(IN BRIEF) Schaeffler is piloting GPS-enabled smart boxes to improve visibility and environmental monitoring for large bearing shipments in the wind power sector. Building on its reusable Euro-pallet–sized boxes introduced in 2021, the company has equipped around 300 containers with … Read the full press release

Brenntag Partners with Wissensfabrik to Boost STEM Education Nationwide

(IN BRIEF) Brenntag has partnered with Wissensfabrik to back STEM education in German schools through financial aid and operational support for practical workshops and teaching materials. This collaboration, kicking off in 2025, enhances Brenntag’s ongoing educational initiatives and contributes to … Read the full press release