Category Archives: Business

Business Press Releases & News distributed via EuropaWire

ABP Appoints Francis Paonessa as Capital Projects Director to Drive Growth Initiatives

(IN BRIEF) Associated British Ports (ABP), the UK’s leading port operator, is intensifying its focus on growth and strategic development with the creation of a new role, Capital Projects Director. Francis Paonessa, with extensive experience in delivering large-scale infrastructure projects, … Read the full press release

NIB Achieves Record Demand with Largest-Ever USD Bond Issue

(IN BRIEF) Nordic Investment Bank (NIB) recently priced a five-year USD 1.5 billion global benchmark bond, marking its first USD benchmark issuance of 2024. The transaction saw unprecedented demand, with the orderbook surpassing USD 4.5 billion, making it NIB’s largest … Read the full press release

The Baltic Drive Towards Energy Autonomy Amid Geopolitical Shifts

(IN BRIEF) Amidst geopolitical tensions triggered by Russia’s actions in Ukraine, the Baltic States are accelerating their journey towards energy independence and sustainability. Historically reliant on Russian energy flows, the Baltics are now fast-tracking efforts to diversify their energy sources, … Read the full press release

Riverty Triumphs with “Best Payment Solution” Award at E-Commerce Germany Awards

(IN BRIEF) Riverty, a leading FinTech company, emerges victorious at the E-Commerce Germany Award 2024, securing the title of “Best Payment Solution” for its innovative “Buy Now, Pay Later” (BNPL) offering. Recognized for its customer-centric approach, Riverty’s BNPL solutions aim … Read the full press release

BBVA Collaborates with Energy Tech Summit to Drive Climate Innovation in Bilbao

(IN BRIEF) BBVA announces its sponsorship of the upcoming Energy Tech Summit, Europe’s premier conference on entrepreneurship and climate venture capital, to be held for the first time in Bilbao on April 10th and 11th, 2024. With a focus on … Read the full press release

Graphene Flagship Culminates with Groundbreaking Findings and Innovations

(IN BRIEF) The Graphene Flagship, Europe’s largest-ever research initiative with a one billion Euro budget, concludes its ten-year journey, yielding significant insights into the health and environmental impacts of graphene and related materials. Empa researchers, including Peter Wick, have played … Read the full press release

Continental’s Tire Tech App Revolutionizes Fleet Management with New Features and Expansion

(IN BRIEF) Continental unveils an enhanced version of its TireTech App, empowering fleet managers, drivers, retailers, and tire workshops with advanced functionalities for optimal tire performance and fleet efficiency. The app now includes winter tire recommendations for 39 countries, tire … Read the full press release

Green Shipping Advancement: WinGD and Mitsubishi Shipbuilding Finalize Ammonia Fuel System Design

(IN BRIEF) Swiss marine power company WinGD and Japanese shipbuilder Mitsubishi Shipbuilding Co., Ltd. have completed the initial design of an ammonia fuel supply system (AFSS) for vessels powered by WinGD’s ammonia-fueled engines. This collaboration aims to develop solutions for … Read the full press release

Aluminium Giant Hydro Collaborates with HILT CRC on Emission Reduction

(IN BRIEF) Hydro, a global aluminium producer, has partnered with the Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) to advance decarbonization efforts. Through this collaboration, Hydro aims to leverage research expertise and innovative technologies to reduce emissions in … Read the full press release

Swedbank’s Progress Report: Navigating Towards a Sustainable 2025 Vision

(IN BRIEF) In 2023, Swedbank made significant progress toward its strategic goals outlined in the “Swedbank 15/25” business plan, aiming for a sustainable return on equity by 2025. The bank focused on adapting its operations to prioritize key customer segments, … Read the full press release

TotalEnergies and ACO Renew Partnership to Drive Energy Transition in Endurance Racing

(IN BRIEF) TotalEnergies, the Automobile Club de l’Ouest (ACO), and Le Mans Endurance Management (LMEM) have extended their partnership for five years, until 2028, aiming to support ACO’s energy transition goals. Committed to achieving net zero emissions by 2030 under … Read the full press release

Anglo American Acquires Vale’s Serpentina Iron Ore Resource for Integration into Minas-Rio Mine

(IN BRIEF) Anglo American plc announces its acquisition of Vale SA’s high-quality iron ore resource, Serra da Serpentina, to integrate it into its Minas-Rio mine in Brazil. This transaction, facilitated by Vale’s contribution of Serpentina and cash, enables Anglo American … Read the full press release

INEOS Automotive and BASF Forge Strategic Partnership for Automotive Refinish Solutions

(IN BRIEF) INEOS Automotive and BASF’s Coatings division have entered a global agreement to advance automotive refinish body and paint development, aiming to surpass industry standards. The partnership focuses on delivering sustainable refinish solutions, digital color-matching solutions, and training to … Read the full press release

Deutsche Telekom Retains Title as Germany’s Most Valuable Brand, Achieves Record-Breaking Brand Value

(IN BRIEF) Deutsche Telekom secures its position as the most valuable German brand, according to the BrandZ study “Top50 Most Valuable German Brands” by Kantar. With a brand value of $73.5 billion, marking an 18% contribution to the total ranking … Read the full press release

Schroders Solutions Guides Vector Pension Scheme to £114 Million Bulk Annuity Buy-In

(IN BRIEF) Vector Pension Scheme, a client of Schroders Solutions, has completed a £114 million bulk annuity buy-in with Standard Life, securing retirement benefits for its 1,800 members. Schroders Solutions, with its vast global capability, collaborated closely with Vector Pension … Read the full press release

Nestlé Nominates Geraldine Matchett for Board of Directors, Bids Farewell to Long-Serving Members

(IN BRIEF) Nestlé has announced its proposal of Geraldine Matchett, former Co-Chief Executive Officer and CFO of DSM-Firmenich AG, for election to its Board of Directors at the upcoming Annual General Meeting on April 18, 2024. This move comes as … Read the full press release

Singapore Aviation Committee Propels Hydrogen Fuel as Key to Decarbonization

(IN BRIEF) The Singapore Hydrogen Cooperation Committee, formed by Airbus, Changi Airport Group, Civil Aviation Authority of Singapore (CAAS), and Linde, is advancing hydrogen fuel’s potential role in the nation’s aviation decarbonization strategy. Tasked with examining regional hydrogen market dynamics, … Read the full press release

Vietjet Air and Airbus Strike Landmark Deal for A330-900 Widebodies

(IN BRIEF) Vietjet Air has inked a significant Memorandum of Understanding (MoU) with Airbus, marking the airline’s inaugural foray into widebody aircraft with the purchase of 20 A330-900s. Intended to bolster Vietjet’s long-range and regional operations, these A330neo additions will … Read the full press release

Outokumpu Oyj repurchased 124,402 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu, a leading stainless steel manufacturer, has finalized its share repurchase program, acquiring a substantial number of treasury shares across multiple trading venues. With a maximum of 11 million shares earmarked for repurchase and approval from the Board … Read the full press release

Euronext Welcomes Espe’s Renewable Energy Solutions to Milan Market

(IN BRIEF) Espe, an energy company based near Padua, Italy, has been listed on Euronext Growth Milan, marking its third listing in 2024 and the sixth overall on Euronext this year. The company specializes in industrial electrical and automation systems, … Read the full press release