Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Orange and BNP Paribas Forge Partnership for Seamless Banking Experience Across France and Spain

(IN BRIEF) In a significant move towards enhancing customer service, Orange and BNP Paribas have finalized agreements following exclusive negotiations initiated in June 2023. The partnership entails various arrangements aimed at providing banking continuity and innovative solutions for Orange Bank … Read the full press release

Digi Communications NV announces the release of the 2023 Preliminary Financial Results

(IN BRIEF) Digi Communications NV has released its 2023 Preliminary Financial Results, which are now available on the company’s website. Alongside the release, a conference call is scheduled for 28th February 2024 to discuss these results, hosted by CEO Mr. … Read the full press release

EBRD Hosts Western Balkans Investment Summit, Spotlighting Regional Potential

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) convened the Western Balkans Investment Summit 2024 in London, welcoming the heads of government from Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia. The summit aimed to showcase … Read the full press release

EBRD Reinforces Commitment to Türkiye’s Tech Sector with Follow-On Investment in Dgpays

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has solidified its support for Türkiye’s burgeoning technology sector by investing in Dgpays, a rapidly expanding tech firm. Partnering with Truffle Capital, the EBRD’s follow-on investment in Dgpays underscores its … Read the full press release

Naturgy Demonstrates Resilience with 20% Increase in Net Profit for 2023

(IN BRIEF) Naturgy, a prominent energy group, announced strong financial results for 2023 despite challenging market conditions. Their EBITDA increased by 11%, reaching 5,475 million euros, with a 20% rise in net profit to 1,986 million euros. The company heavily … Read the full press release

Leading Healthcare Giant Fresenius Establishes ESG Advisory Board

(IN BRIEF) Fresenius, a global healthcare group, has appointed an independent advisory board to focus on sustainability issues. Comprising four experts from various fields, the board will support the development of Fresenius’ sustainability strategy. This move reflects Fresenius’ commitment to … Read the full press release

150 Years Strong: Brenntag Reflects on Milestones and Achievements

(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, is commemorating its 150th anniversary in 2024. Originating as an egg wholesale business in Berlin in 1874, Brenntag has evolved into a DAX-listed company with a worldwide presence. Throughout … Read the full press release

A Decade of Excellence: BusStore’s Journey to European Industry Leadership

(IN BRIEF) BusStore, a leading European brand for marketing used buses under Daimler Buses, is celebrating its ten-year anniversary since opening its first site in Neu-Ulm, Germany, in February 2014. Over the past decade, BusStore has expanded its network to … Read the full press release

Vattenfall Advances Plans for Negative Emissions Facility in Jordbro, Stockholm

(IN BRIEF) Vattenfall is progressing with its initiative to establish a facility in Jordbro, Stockholm, capable of capturing up to 150,000 tonnes of carbon dioxide annually from a biomass-fueled heat plant. This endeavor represents a crucial step towards achieving negative … Read the full press release

Outokumpu Oyj repurchased 543,921 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu has concluded its share repurchase program, acquiring a total of 543,921 of its own shares across various trading venues. This initiative, part of a larger buyback program announced in November 2023, aimed to repurchase up to 11 … Read the full press release

EBRD Invests €30 Million in Sustainable Real Estate Projects Across Baltic and Eastern Europe

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering sustainable real estate initiatives in the Baltic states and central and eastern Europe with a €30 million investment in UAB Urban Hub Holding, a joint venture with UAB … Read the full press release

EIB Provides €81 Million Loan for Nuremberg School’s Green Transition

(IN BRIEF) The Martin-Behaim-Gymnasium grammar school in Nuremberg is set to transition into a new, eco-friendly building thanks to an €81 million loan from the European Investment Bank (EIB). This state-of-the-art facility, constructed with wood and equipped with solar panels, … Read the full press release

Arkema Advances Climate Plan with Long-Term Renewable Energy Agreements

(IN BRIEF) Arkema has taken significant steps towards its climate plan goals by signing long-term renewable energy agreements for multiple sites across the United States. These agreements, with energy providers like Tennessee Valley Authority (TVA), Entergy, and 3Degrees, are expected … Read the full press release

BP Announces Cash Tender Offer for Notes

(IN BRIEF) BP p.l.c. has initiated a cash tender offer through its subsidiary, BP Capital Markets p.l.c., to acquire any validly tendered and accepted Notes issued by the Offeror, up to an aggregate principal amount of $1,000,000,000. The Tender Offer, … Read the full press release

Orange Business and Cisco Forge Partnership to Drive Greenhouse Gas Emission Reductions

(IN BRIEF) Orange Business and Cisco have entered into a Memorandum of Understanding (MoU) to jointly tackle greenhouse gas (GHG) emissions, furthering their commitment to sustainability. The agreement entails collaboration on creating an emissions baseline, implementing circular economy practices, and … Read the full press release

Telefónica Chairman Highlights Industry Transformation and Collaborative Vision at MWC 2024

(IN BRIEF) José María Álvarez-Pallete, Chairman of Telefónica, addresses the Mobile World Congress, reflecting on the transformative vision realized within the industry over the past year, particularly with the widespread adoption of Open Gateway. He underscores the collaborative efforts among … Read the full press release

Telefónica Redefines Sports Experience with ‘Telefónica Open Gateway’ Demo at MWC 2024

(IN BRIEF) At Mobile World Congress (MWC) 2024, Telefónica introduces the ‘Telefónica Open Gateway’ demo, showcasing an innovative way to experience sports through immersive virtual reality (VR) technology powered by Open Gateway APIs. Partnering with YBVR, a leading VR company … Read the full press release

Telefónica Unveils ‘Smart Industry: Leading the Change’ Demo at MWC 2024

(IN BRIEF) Telefónica showcases its technological prowess at Mobile World Congress (MWC) 2024 with the unveiling of the ‘Smart Industry: Leading the Change’ demo. This comprehensive demonstration highlights Telefónica’s capabilities in digitizing and automating industrial processes using advanced technologies such … Read the full press release

Telefónica Unveils Immersive Gaming Experience Powered by Network and Edge Computing

(IN BRIEF) At Mobile World Congress (MWC) in Barcelona, Telefónica introduces the Telefónica Edge Haptic Arena, a groundbreaking gaming experience that leverages its network and Edge Computing capabilities. Combining Extended Reality (XR) graphics, haptic technology, fiber connectivity, cloud rendering, and … Read the full press release

Telefónica and TikTok Collaborate on Open Gateway to Enhance User Security

(IN BRIEF) Telefónica and TikTok have announced a strategic partnership at Mobile World Congress (MWC) to collaborate on Open Gateway, an initiative by the GSMA aimed at unlocking the potential of telecom network capabilities through open and standardised APIs. Initially … Read the full press release