Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Correction: Stora Enso Clarifies Share Conversions and Voting Rights

(IN BRIEF) In a correction to a previous stock exchange release, Stora Enso provided accurate information regarding share conversions that occurred during the period from November 1 to November 30, 2023. There were five conversions in total, resulting in the … Read the full press release

Nations Commit to Transition Away From Fossil Fuels at COP28

(IN BRIEF) In an unprecedented move, nearly every country has pledged to transition away from fossil fuels, marking a pivotal moment in the global climate effort. This commitment is part of the inaugural global stocktake designed to accelerate progress toward … Read the full press release

Almirall S.A. to Participate in 42nd Annual J.P. Morgan Healthcare Conference

(IN BRIEF) Almirall S.A., a global pharmaceutical company specializing in medical dermatology, has confirmed its involvement in the 42nd Annual J.P. Morgan Healthcare Conference in San Francisco, taking place from January 8th to 11th, 2024. Carlos Gallardo, Chairman and CEO … Read the full press release

PhD Researcher Addresses Power Quality Challenges in Electric Vehicle Charging

(IN BRIEF) Tim Slangen, a PhD researcher at the TU/e Department of Electrical Engineering, has conducted extensive research on the phenomenon of supraharmonic disturbances related to electric vehicle (EV) charging. Supraharmonics are waveform distortions in voltage and current occurring at … Read the full press release

TU/e Researchers Achieve Breakthrough in Early Esophageal Cancer Detection Using AI

(IN BRIEF) Researchers at Eindhoven University of Technology (TU/e) have made a significant breakthrough in the early detection of esophageal cancer through the use of artificial intelligence (AI). Over a decade of research led by Fons van der Sommen has … Read the full press release

Ericsson Achieves Perfect Score in 2023-2024 Corporate Equality Index, Earns Equality 100 Award for LGBTQ+ Inclusion

(IN BRIEF) Ericsson, a global telecommunications company, has been recognized by the Human Rights Campaign Foundation for its outstanding performance in the 2023-2024 Corporate Equality Index (CEI). Ericsson achieved a perfect score of 100 percent in this annual benchmarking survey, … Read the full press release

UniCredit Becomes First Pan-European Bank with Global EDGE Certification for Gender Equity and Inclusion

(IN BRIEF) UniCredit has achieved a significant milestone by becoming the first pan-European bank to receive Global EDGE Certification for its commitment to gender equity and inclusion. This recognition follows accelerated diversity and inclusion efforts by UniCredit’s banks in multiple … Read the full press release

Prof. Dr. Hans Hilgenkamp Appointed Scientific Director of UT’s MESA+ Institute

(IN BRIEF) The University of Twente’s Executive Board has appointed Prof. Dr. Ir. J.W.M. (Hans) Hilgenkamp as the new scientific director of the MESA+ institute, effective February 1, 2024. Hilgenkamp, a distinguished expert in applied physics and nanotechnology, will take … Read the full press release

Interreg Grants €1.2 Million to UT-Led BRIDGE Project for Cross-Border Healthcare Cooperation

(IN BRIEF) The European grant scheme Interreg has awarded over €1.2 million to the University of Twente (UT) research project BRIDGE, which is dedicated to cross-border healthcare cooperation. Scheduled to commence in spring 2024, BRIDGE aims to map ongoing initiatives, … Read the full press release

Ionic Mineral Technologies and ANDRITZ Partner to Revolutionize Lithium-ion Battery Materials Production

(IN BRIEF) Ionic Mineral Technologies (Ionic MT) has entered into a strategic partnership with ANDRITZ, an international technology group, to mass-produce critical battery materials for next-generation lithium-ion batteries. The collaboration aims to scale up Ionic MT’s nano-silicon production process to … Read the full press release

Outokumpu Acquires EUR 765,290 Worth of Its Own Shares in Buyback Program

(IN BRIEF) Finnish stainless steel manufacturer Outokumpu has concluded its share repurchase program, acquiring a total of 169,994 of its own shares across various trading venues at an average price of EUR 4.5 per share. The program, which had been … Read the full press release

Quantum-Resistant Cryptography Comes to 5G Networks: SK Telecom and Thales Lead the Way

(IN BRIEF) SK Telecom (SKT) and Thales are partnering to implement Post Quantum Cryptography (PQC) on 5G networks, enhancing user identity and privacy protection. This innovative solution, based on 5G standalone networks and 5G SIM technology, encrypts and decrypts subscriber … Read the full press release

Accenture to Empower McDonald’s Workforce with AI and Digital Skills

(IN BRIEF) McDonald’s and Accenture are expanding their partnership to leverage advanced technology and generative AI solutions across McDonald’s global restaurants, aiming to improve operations, enhance customer and employee experiences, and boost efficiency. The collaboration includes accelerating automation innovations from … Read the full press release

ABB Expands Partnership with Volvo Cars to Supply Over 1,300 Robots for EV Production

(IN BRIEF) ABB is expanding its partnership with Volvo Cars to supply more than 1,300 robots and functional packages for the production of electric vehicles (EVs). The collaboration aims to support Volvo Cars in achieving sustainability goals as the automotive … Read the full press release

Kalmar Bolsters Super Terminais’ Terminal Efficiency with Equipment Deal in Brazil

(IN BRIEF) Kalmar, part of Cargotec, will supply equipment and services to Super Terminais Ltd.’s Manaus terminal in northern Brazil. The order includes reachstackers, empty container handlers, terminal tractors, and a performance management tool, with delivery scheduled for Q3 2024. … Read the full press release

Entrevias Inaugurates Two New Sections of SP-333 Highway, Enhancing Mobility in São Paulo State

(IN BRIEF) Entrevias Concessionária de Rodovias, the operator of 570 kilometers of highways in São Paulo’s Ribeirão Preto and Marília regions, has officially opened two new sections of the SP-333 highway, known as Rodovia Rachid Rayes, spanning from km 337 … Read the full press release

INEOS Phenol Commences Production at Europe’s Largest Cumene Facility with a 50% Emission Reduction

(IN BRIEF) INEOS Phenol has initiated production at the largest Cumene facility in Europe, located in Marl, Germany. This state-of-the-art plant, with a production capacity of 750,000 tonnes, employs pioneering cumene technology combined with advanced heat integration to achieve a … Read the full press release

Breakthrough Discovery: New Proteins Enhance Botox Effectiveness in Medical Treatments

(IN BRIEF) Researchers at PSI have made a surprising discovery that could expand the medical applications of botulinum toxin A1, commonly known as Botox. They have developed antibody-like proteins called DARPins that unexpectedly accelerate the toxin’s impact on nerve signal … Read the full press release

BioNTech Inaugurates mRNA Vaccine Manufacturing Site in Rwanda, Aims to Boost Vaccine Equity in Africa

(IN BRIEF) BioNTech has achieved a significant milestone in expanding mRNA vaccine manufacturing in Africa with the inauguration of its Kigali site, which includes the first manufacturing unit known as BioNTainer. This move is part of BioNTech’s broader efforts to … Read the full press release

EQT to Acquire Zeus Company, Pioneering Medical Device Components Manufacturer

(IN BRIEF) EQT X fund has announced its acquisition of Zeus Company Inc., a pioneer in the design and production of fluoropolymer tubing for medical devices and select industrial applications. The acquisition aims to support Zeus’ continued growth as a … Read the full press release