Category Archives: Business

Business Press Releases & News distributed via EuropaWire

UK P&I Club Opens Newcastle Office to Tap Northeast Maritime Talent

(IN BRIEF) The UK P&I Club has opened a new office in Newcastle to leverage the area’s rich pool of maritime and insurance talent. The initial team includes Senior Underwriting Director Emma Liddell and Senior Claims Executives Julie Pichler and … Read the full press release

Alfred Watzl Departs STRABAG Management Board as Succession Planning Underway

(IN BRIEF) Alfred Watzl, Management Board member for STRABAG SE’s South + East segment, has resigned by mutual agreement to explore new professional avenues. After 26 years with STRABAG (six on the Management Board), Watzl will support a careful transition … Read the full press release

SCC and Freshworks Join Forces to Deliver AI-Driven IT and Enterprise Service Management Across Europe

(IN BRIEF) SCC and Freshworks have announced a strategic partnership to deliver Freshworks’ AI-powered ITSM and ESM solutions—such as Freshservice—through SCC’s enterprise delivery channels across the UK and Europe. The collaboration combines SCC’s implementation expertise with Freshworks’ modern, cloud-native platforms, … Read the full press release

New Isotope Fingerprinting Technique Flags Counterfeit Medicines by Factory Origin

(IN BRIEF) A collaborative study by the University of Copenhagen and Stanford University has revealed that pharmaceuticals possess unique isotopic signatures—based on stable isotopes of carbon, hydrogen and oxygen—that correspond to their manufacturing conditions. By profiling these δ²H, δ¹³C and … Read the full press release

Kuehne+Nagel and ABB Enhance Chilean Logistics Partnership with Last-Mile and Fulfillment Services

(IN BRIEF) Kuehne+Nagel and ABB have expanded their partnership in Chile to encompass last-mile delivery and fulfillment under contract logistics, building on more than ten years of joint air freight operations. Kuehne+Nagel will handle logistics for ABB’s Electrification, Motion and … Read the full press release

Accenture Ventures Backs Snorkel AI to Supercharge Data-Centric AI Solutions for Regulated Industries

(IN BRIEF) Accenture Ventures has invested in Snorkel AI to bolster enterprise AI adoption by improving dataset quality for model training and evaluation. Snorkel’s platform automates the conversion of siloed data and domain expertise into high-fidelity datasets, facilitating rapid, secure … Read the full press release

AFRY Partners with Colombia’s ISA and Swedfund to Map Techno-Economic Pathways for Large-Scale Renewable Integration

(IN BRIEF) AFRY has teamed up with ISA Interconexión Eléctrica S.A. E.S.P.—backed by Swedfund International—to conduct a detailed assessment of the technical and economic impacts of large-scale renewable energy integration in Colombia. The study will examine grid capacity, stability and … Read the full press release

Sanofi Acquires Vigil Neuroscience to Advance VG-3927 Alzheimer’s Program and Expand Neurodegeneration Research

(IN BRIEF) Sanofi has finalized its takeover of Vigil Neuroscience for roughly $470 million, acquiring all outstanding shares at $8 each and issuing a $2-per-share CVR tied to VG-3927’s first commercial sale. This deal, following Sanofi’s June 2024 strategic investment, … Read the full press release

Almirall and Absci Advance AI Drug Discovery with Second Dermatology Target Selection

(IN BRIEF) Almirall and Absci have expanded their AI-based drug discovery collaboration by selecting a second dermatological target, following the initial success of AI-designed antibody leads against a difficult-to-drug protein. Their partnership, active since November 2023, leverages Absci’s Integrated Drug … Read the full press release

EIB Global Powers €21.5 Million Equity in IHS Kenya Green Housing Fund to Deliver Hundreds of Affordable, Energy-Efficient Homes

(IN BRIEF) EIB Global has invested €21.5 million in the IHS Kenya Green Housing Fund to support the construction and acquisition of affordable, energy-efficient housing in Nairobi and Kiambu. Three projects—Tilisi, Garden City’s Muzi Stawi, and Mashiara Park—comprise 664 units, … Read the full press release

Digi Communications NV announces “Investors Call for the presentation of the H1 2025 Financial Results”

(IN BRIEF) Digi Communications N.V., a major European telecom provider listed on the Bucharest Stock Exchange, has announced it will hold a conference call on 14 August 2025 at 14:00 UK time (16:00 EEST) to present its H1 2025 financial … Read the full press release

New FL Technics Wheels and Brakes Facility Near Milan Bergamo Airport Strengthens Southern Europe Support

(IN BRIEF) FL Technics has opened a 2,041 m² Wheels and Brakes facility in Bergamo, Italy—its fourth in Europe—positioned near Milan Bergamo Airport to serve airlines in Southern and Western Europe. Alongside sites in Vilnius, Budapest, and Hanover, the new … Read the full press release

FL Technics Becomes Honeywell Channel Partner to Deliver OEM-Certified Engines and APUs

(IN BRIEF) FL Technics, part of Avia Solutions Group, has been appointed an official Honeywell channel partner for business and general aviation. The collaboration empowers FL Technics’ MRO centers to supply, install, and support Honeywell engines and APUs under a … Read the full press release

Arriva-Backed Chiltern Railways Secures New Low-Emission Fleet for London–West Midlands Route

(IN BRIEF) Chiltern Railways, part of Arriva Group, has obtained DfT approval to lease 13 new train sets from Beacon Trains under a 10-year contract. These units—scheduled to enter service from 2026—will replace older rolling stock on routes linking London, … Read the full press release

EDF Completes Full Acquisition of Pod Point to Accelerate UK EV Charging Rollout

(IN BRIEF) EDF Energy Customers Ltd has acquired the remaining 47% of Pod Point, making the EV charger company a wholly owned, private subsidiary. The deal, finalised on 4 August 2025, supports EDF’s push to enhance UK energy security and … Read the full press release

Bilfinger Wins FEED Contract for KNPC’s New North Oil Pier at Mina Al Ahmadi

(IN BRIEF) Bilfinger has been awarded a major FEED contract by KNPC to replace aging oil piers at the Mina Al Ahmadi Refinery with a new North Oil Pier and upgraded onshore facilities. This modernization will secure uninterrupted exports of … Read the full press release

Mutares Acquires inTime Group to Lead in Time-Critical and Battery Logistics

(IN BRIEF) Mutares SE & Co. KGaA has acquired inTime Group from Super Group Limited, adding a time-critical logistics leader to its Goods & Services segment. inTime Group, with €115 million in 2024 revenue and 450 employees, operates three divisions: … Read the full press release

Elmos Semiconductor SE Launches 2025 Apprenticeship and Dual-Study Programs in Dortmund

(IN BRIEF) Elmos Semiconductor SE welcomes eleven new apprentices and dual-study students to its Dortmund site in 2025, joining 31 individuals enrolled across technical and commercial training tracks. Technical pathways include IT, electronics, physics, and engineering degrees—both vocational and practice-integrated—while … Read the full press release

DICV Launches BharatBenz HX and Torqshift Series Trucks for Tough Construction Duties

(IN BRIEF) DICV has introduced two new BharatBenz HX models (2828C HX and 3532C HX) with 280 hp or 320 hp powertrains, advanced driver aids, and high-gradeability axles for demanding off-road use. The Torqshift series adds two automatic-transmission trucks (2832CM … Read the full press release

AI Drives 106 Percent Boom in Boomer Travel Bookings, Finds Adyen Report

(IN BRIEF) Adyen’s 2025 Hospitality and Travel Report reveals a transformative shift: Boomers lead with a 106 percent increase in AI-driven trip planning, contributing to a 74 percent overall jump in AI use for destination discovery. The survey of 40,000 … Read the full press release