Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Experian Selects AWS as Strategic Cloud Partner to Drive Real-Time Intelligence and AI Innovation

(IN BRIEF) Experian has entered a 10-year strategic partnership with AWS, designating AWS as its preferred cloud provider. This collaboration will see Experian migrate its mainframes and on-premises servers to AWS, centralizing its technology stack and harnessing AWS analytics and … Read the full press release

Experian Powers OakbrookOne to Extend Fairer Debt Consolidation Loans to Previously Declined Borrowers

(IN BRIEF) Experian has enabled the launch of OakbrookOne in collaboration with Oakbrook, leveraging its ReFi™ technology to provide a streamlined debt-consolidation loan that delivers rapid approvals and same-day funding for over 40 percent of borrowers. Since late 2024, the … Read the full press release

FMO Structures Innovative US $26.5 Million Debt Package for Zambia’s First Market-Based Ilute Solar Project

(IN BRIEF) FMO acted as Mandated Lead Arranger on a US $26.5 million financing package for the 32 MWp Ilute Solar Project in Western Zambia. The two-tranche debt structure—senior debt underwritten by FMO, Triodos, and SEFA, plus a subordinated tranche … Read the full press release

DNV to Provide Owner’s Engineering for AMEA Power’s 1 GW Benban Solar and 600 MWh Storage Project

(IN BRIEF) DNV will act as Owner’s Engineer on AMEA Power’s 1 GW Abydos 2 solar PV plant and 600 MWh battery storage system in Benban, Egypt. The project aims to produce 3,100 GWh of renewable power annually—sufficient for over … Read the full press release

Equinor’s BeGreen Subsidiary Brings 65 MW Ingerslev Å Solar Plant Online in Denmark

(IN BRIEF) Equinor’s subsidiary BeGreen has commenced operations at the 65 MW Ingerslev Å solar plant in Jutland, Denmark—BeGreen’s inaugural project since its 2023 acquisition. Senior VP Anders Bade highlighted that this step supports Equinor’s aim to build a robust … Read the full press release

Virtualware Elevates to Euronext Growth with Market Cap at €36.8 Million

(IN BRIEF) Virtualware has transitioned from Euronext Access Paris to Euronext Growth (ALVIR), becoming the seventh Spanish company on the market and achieving a market capitalisation increase from €27.3 million in April 2023 to €36.8 million in June 2025. With … Read the full press release

CVC Introduces CVC Catalyst to Accelerate Growth in European Mid-Market Companies

(IN BRIEF) CVC has launched CVC Catalyst, a sector-agnostic private equity vehicle focused on European mid-market businesses with equity investments below €250 million. The strategy taps into CVC’s extensive network of 16 country offices and five sector teams, and follows … Read the full press release

CapMan Acquires Majority Stake in CAERUS to Launch Real Asset Debt Division

(IN BRIEF) CapMan has agreed to acquire a 51 percent stake in German real estate debt manager CAERUS, creating a new CapMan Real Asset Debt division. CAERUS, founded in 2014, manages EUR 700 million across seven funds and employs 12 … Read the full press release

Airbus Taps ENGIE for 20% Energy Savings and 85% Emissions Cut across 22 European Facilities

(IN BRIEF) ENGIE will support Airbus’s goal to cut energy use by 20% and greenhouse gas emissions by 85% across its 22 European sites by 2030. A Paris Air Show–signed framework agreement tasks ENGIE with deploying heat-pump and biomass boiler … Read the full press release

Equinor’s Johan Castberg Hits 220,000 bpd Plateau Just Three Months After First Oil

(IN BRIEF) Equinor’s Johan Castberg field reached its intended plateau production of 220,000 barrels per day on 17 June, just three months after its FPSO vessel began operations on 31 March. Seventeen wells are currently online and delivering as forecast. … Read the full press release

Schindler Elevates Nitin Chalke to Lead Asia Pacific on Executive Committee from July 2025

(IN BRIEF) Effective July 1, 2025, Schindler is refreshing its Group Executive Committee. Nitin Chalke—formerly Country Head for Schindler India—will step into the Asia Pacific role, succeeding Robert Seakins who is retiring after 22 years at the company. Chalke’s longstanding … Read the full press release

Ten-Year Wind PPA Between Iberdrola España and Renfe Secures Stable Pricing and Cuts Over 2 Million Tonnes of CO₂ Annually

(IN BRIEF) Iberdrola España and Renfe have signed a 10-year VPPA to supply 370 GWh per year of onshore wind energy—equivalent to a 190 MW wind farm—granting Renfe long-term price stability and advancing Spain’s green transition. The pact will cut … Read the full press release

Heidelberg Materials Inaugurates Brevik CCS Facility to Capture 400 000 Tonnes of CO₂ and Deliver Net-Zero Concrete

(IN BRIEF) Heidelberg Materials inaugurated Brevik CCS—the cement industry’s first industrial-scale carbon capture and storage plant—at a ceremony attended by Crown Prince Haakon, Energy Minister Terje Aasland, and Dr Dominik von Achten. The facility will capture 400,000 tonnes of CO₂ … Read the full press release

New Safran-HAL Agreement Advances Make in India with Inconel Component Manufacturing for LEAP Engines

(IN BRIEF) Safran Aircraft Engines and HAL have expanded their partnership with a new agreement at the Paris Air Show to produce rotating Inconel components for LEAP engines in India. Building on previous MoUs and contracts, this deal commits HAL … Read the full press release

Thales and Terma Forge Strategic Partnership to Boost European Capabilities in Defence and Aerospace

(IN BRIEF) Thales and Terma have entered into a Memorandum of Understanding to enhance strategic collaboration in the air, naval, and space domains. Signed at the Paris Air Show, the agreement is designed to reinforce European industrial and technological capabilities … Read the full press release

AI and Gen AI Deliver Growing ROI as Capgemini Report Signals Surge in Agentic AI Adoption

(IN BRIEF) A new report by the Capgemini Research Institute finds that organizations are achieving strong returns on their AI investments, with an average 1.7 times ROI. Around 40% of businesses expect to see positive returns within one to three … Read the full press release

Lagardère Travel Retail Strengthens Executive Team with Appointment of Frédéric Chevalier as CEO

(IN BRIEF) Lagardère Travel Retail has appointed Frédéric Chevalier as its new CEO, effective July 1, 2025. Working alongside Chairman and CEO Dag Rasmussen, Chevalier will take full charge of global operations. With nearly 20 years of experience at the … Read the full press release

Neoclease Wins Merck’s 2025 Biotech Grant for AI-Powered Gene Therapies Targeting Parkinson’s and Genetic Disorders

(IN BRIEF) Merck has awarded its 2025 North American Advance Biotech Grant to Neoclease, a Boston-based startup developing AI-designed gene-editing therapies for Parkinson’s disease and other monogenic disorders. Neoclease will benefit from Merck’s technologies, contract testing, regulatory guidance, and hands-on … Read the full press release

GKN Aerospace launches ASPIRE to validate next-generation composite wing and flap structures

(IN BRIEF) ASPIRE, a £12 million, three-year R&D programme led by GKN Aerospace and co-funded by the Aerospace Technology Institute, brings together SMEs and academic partners to advance composite wingtip and flap technologies. The project will produce three full-scale wingtip … Read the full press release

Expanded Google Cloud tie-up brings Nokia’s network AI suite anywhere customers need it

(IN BRIEF) Nokia’s Autonomous Network Fabric unites telco-trained AI models, integrated security, data-mesh management and AI apps into a cohesive intelligence layer that automates and secures multi-vendor, cloud-native networks. The expanded partnership with Google Cloud enables deployment as a SaaS … Read the full press release