Category Archives: Business

Business Press Releases & News distributed via EuropaWire

ANDRITZ Expands Pavatex Fiber Production Line, Boosting Capacity in France

(IN BRIEF) ANDRITZ, an international technology group, has bolstered Pavatex’s fiber production capacity with the delivery of a second production line to their Golbey facility in France. This expansion, integrated with a chip handling and pressurized refining system, marks a … Read the full press release

Safran Electrical & Power Signs Exclusive Service Contract with Malaysia Airlines for Engine Maintenance

(IN BRIEF) Safran Electrical & Power has entered an exclusive three-year service contract with Malaysia Airlines Berhad (MAB) to maintain electrical harnesses for their CFM56-7B engines, covering over 40 Boeing 737 aircraft in MAB’s fleet. The agreement includes repair and … Read the full press release

UK Energy Transition Outlook 2024: DNV Highlights Need for Policy Clarity

(IN BRIEF) DNV, a leading independent energy expert, released its 2024 UK Energy Transition Outlook (ETO) report, highlighting the urgent need for the UK Government to prioritize long-term policy clarity and consistency to drive the transition away from fossil fuels. … Read the full press release

Heidelberg Materials and BirdLife International Renew Partnership for Biodiversity Conservation

(IN BRIEF) Heidelberg Materials and BirdLife International have extended their partnership to enhance biodiversity in and around the company’s quarries, minimize negative environmental impacts, and promote best practices in biodiversity management. The memorandum of understanding signed covers the next three … Read the full press release

Saint-Gobain Proposes Acquisition of CSR Limited, Furthering Global Expansion in Sustainable Construction

(IN BRIEF) Saint-Gobain has formally approached the Board of CSR Limited, a prominent Australian building materials company, with a non-binding indicative offer to acquire all of CSR’s issued share capital through a scheme of arrangement at A$9.00 cash per share. … Read the full press release

Infineon Launches OPTIGA™ Trust M MTR for Seamless Integration of Matter Standard and Enhanced Security in Smart Home Devices

(IN BRIEF) Infineon Technologies AG introduces the OPTIGA™ Trust M MTR, a Matter-certified Secure Element designed to streamline the integration of the Matter standard and security features into smart home and smart building devices. With the rapid expansion of the … Read the full press release

Abeking & Rasmussen Unveils Largest Superyacht with Record-breaking Features and Sophisticated Propulsion System

(IN BRIEF) Abeking & Rasmussen, renowned shipbuilders based in Germany, has introduced Liva°, the largest superyacht to date spanning over 118 meters. This masterpiece showcases not only impressive dimensions but also record-breaking features, including a sleek black hull and seamlessly … Read the full press release

Heraeus Invests in Sustainable Ammonia Technology with Japanese Startup Tsubame BHB

(IN BRIEF) Heraeus, a technology group based in Hanau, Germany, has made a strategic investment in the Japanese startup Tsubame BHB, marking its commitment to sustainable technologies and expanding its presence in Japan. Tsubame BHB specializes in developing environmentally friendly … Read the full press release

BT Group Sells Iconic BT Tower for £275m to MCR Hotels for Transformation into Landmark Hotel

(IN BRIEF) BT Group has reached an agreement to sell the iconic BT Tower to MCR Hotels for £275 million. MCR Hotels, known for preserving historic landmarks, plans to repurpose the tower into a hotel, securing its status as a … Read the full press release

Novo Nordisk Announces Annual General Meeting Date and Proposals for Board Re-election

(IN BRIEF) Novo Nordisk A/S has announced the date for its Annual General Meeting, scheduled for Thursday, March 21, 2024, at 14:00 CET. The meeting will be held partially electronically, allowing shareholders to participate either in person at Bella Center … Read the full press release

SCC Expands Managed Services with Acquisition of Resonate, Bolstering Microsoft Teams Expertise

(IN BRIEF) SCC, a European technology solutions and services firm, has announced the acquisition of Resonate, a leading provider of cloud voice and collaboration services based on Microsoft Teams. This strategic move marks SCC’s third acquisition in the past year … Read the full press release

Landis+Gyr Unveils Cutting-Edge Energy Management Technologies at DISTRIBUTECH International 2024

(IN BRIEF) Landis+Gyr, a leading provider of energy management solutions, is set to showcase innovative technologies aimed at enhancing flexibility in managing the energy transition at the DISTRIBUTECH International 2024 conference in Orlando, FL. Through high-resolution data and automated controls, … Read the full press release

Fujitsu and QuTech Unveil Breakthrough in Quantum Computing: Ultra-Cold Electronics Revolutionize Diamond-Based Qubit Control

(IN BRIEF) Researchers from Fujitsu and QuTech have achieved a major breakthrough in quantum computing by developing ultra-cold electronic circuits to control diamond-based quantum bits (qubits). This advancement overcomes the ‘wiring bottleneck’ by enabling the operation of both qubits and … Read the full press release

Thales Unveils Cutting-Edge Solutions for Secure Mobile and IoT Connectivity at Mobile World Congress

(IN BRIEF) Thales, a global leader in digital security, is showcasing its latest innovations at the Mobile World Congress. They’re highlighting their contributions to securing mobile and IoT connectivity, including revolutionizing eSIM management, simplifying IoT deployments, leading 5G security, and … Read the full press release

Digi Communications NV announces Investors Call for the presentation of the 2023 Preliminary Financial Results

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(IN BRIEF) Digi Communications NV, a European telecommunications leader, will host a conference call on February 28, 2024, to discuss its 2023 preliminary financial results. The call, scheduled for 14:00 UK time / 16:00 EEST, will be conducted in English … Read the full press release

Bristol Veterinary School Marks 75 Years of Leading Veterinary Medicine and Conservation

(IN BRIEF) In 2024, the University of Bristol’s Veterinary School commemorates 75 years of excellence in educating veterinary professionals and spearheading advancements in veterinary science. Established in 1949 following recommendations from the Loveday Committee, the school has evolved into a … Read the full press release

Airtel and Ericsson Showcase Breakthrough 5G mmWave Functionality in India

(IN BRIEF) Bharti Airtel and Ericsson have successfully demonstrated the functionality of mmWave 5G on Airtel’s network in India, achieving peak speeds of 4.7Gbps during testing. This milestone showcases the potential of mmWave technology for delivering high network capacity, particularly … Read the full press release

Ericsson and TDC NET Pioneer Virtual Reality Training for Engineers

(IN BRIEF) Ericsson and TDC NET have initiated a groundbreaking collaboration to provide Virtual Reality (VR) training for TDC NET’s engineers, marking the first of its kind in the Nordics. This innovative approach replaces traditional 2D screen training with immersive … Read the full press release

Maersk Unveils Cutting-Edge Cold Chain Facility in New Zealand’s Golden Triangle

(IN BRIEF) A.P. Moller-Maersk (Maersk) has inaugurated its largest infrastructure investment in New Zealand with the opening of its integrated cold chain facility at the Ruakura Superhub in Hamilton. Costing approximately NZD 140-150 million, the facility offers end-to-end supply chain … Read the full press release

Report Offers Immediate Solutions to Lift One Million People Out of Poverty

(IN BRIEF) A report co-authored by a University of York academic and published by the Institute for Public Policy Research (IPPR) and Changing Realities outlines costed recommendations to alleviate poverty for one million people overnight. The recommendations include increasing core … Read the full press release