Category Archives: Business

Business Press Releases & News distributed via EuropaWire

RWE Inks Major Power Purchase Agreements with German Industrial Giants

(IN BRIEF) RWE Supply & Trading has finalized Power Purchase Agreements (PPAs) with seven prominent German industrial customers, securing the supply of approximately 1,000 gigawatt hours per year of green electricity from its Kaskasi offshore wind farm starting in 2026. … Read the full press release

Koelnmesse Accelerates Climate Neutrality Goal with Innovative Energy Partnership

(IN BRIEF) Koelnmesse, one of the world’s largest city-centre trade fair sites, is advancing its sustainability agenda by committing to achieve climate neutrality by 2030, five years ahead of schedule. Through a groundbreaking energy partnership with E.ON and RheinEnergie, Koelnmesse … Read the full press release

Equinor and Deepak Fertilisers Forge Long-Term LNG Supply Partnership

(IN BRIEF) Equinor and Deepak Fertilisers have inked a significant 15-year agreement for the supply of liquefied natural gas (LNG), commencing deliveries in 2026. Drawing from Equinor’s expansive global LNG portfolio, which encompasses production from the Hammerfest LNG Plant in … Read the full press release

Nordic Investment Bank Partners with Kemira Oyj to Boost Green Chemistry Innovation

(IN BRIEF) The Nordic Investment Bank (NIB) has inked a EUR 50 million loan agreement with Kemira Oyj, a Finnish chemicals company, to fund Kemira’s research and development endeavors from 2023 to 2026 in Espoo, Finland. The loan, spanning over … Read the full press release

Higher Education Leaders Call for Ministerial Taskforce to Address Decline in Healthcare Course Applications

(IN BRIEF) In response to the latest UCAS data indicating a decline in applications for medicine, nursing, and midwifery courses, leaders from various higher education groups are urging the government to establish a ministerial taskforce. This taskforce would facilitate collaboration … Read the full press release

Korea Development Bank Returns to Luxembourg Stock Exchange with $3 Billion Bond Offering

Akzo Nobel N.V. issues €750 million bond on Luxembourg Stock Exchange

(IN BRIEF) Korea Development Bank (KDB) made a significant return to the Luxembourg Stock Exchange (LuxSE) after 20 years with a dual-tranche bond offering totaling USD 3 billion. This move highlights the increasing collaboration between South Korean and European capital … Read the full press release

De Grey Mining Awards Metso Orders for Key Equipment at Hemi Gold Project

(IN BRIEF) De Grey Mining Limited has contracted Metso to supply crucial equipment, including a Superior™ MKIII 50-65 primary gyratory crusher and two 14MW Premier™ ball mills, for its Hemi Gold Project in Western Australia’s Pilbara region. With a combined … Read the full press release

SGS Attains A- Leadership Score in CDP 2023 Assessment, Demonstrating Environmental Excellence

(IN BRIEF) SGS has once again achieved an outstanding A- Leadership score in the Carbon Disclosure Project (CDP) 2023 assessment, positioning itself among the top 17% of companies in the specialized professional services sector. This recognition underscores SGS’s commitment to … Read the full press release

AstraZeneca and Daiichi Sankyo’s Datopotamab Deruxtecan Moves Closer to Approval for Advanced NSCLC Treatment

(IN BRIEF) AstraZeneca and Daiichi Sankyo’s Biologics License Application (BLA) for datopotamab deruxtecan (Dato-DXd) has been accepted by the FDA for the treatment of locally advanced or metastatic nonsquamous non-small cell lung cancer (NSCLC) in patients who have undergone prior … Read the full press release

AstraZeneca’s Tagrisso Shows Promise in Phase III LAURA Trial for EGFR-Mutated Lung Cancer

(IN BRIEF) AstraZeneca’s Tagrisso (osimertinib) demonstrates significant improvement in progression-free survival (PFS) for patients with unresectable, Stage III EGFR-mutated non-small cell lung cancer (NSCLC) after chemoradiotherapy (CRT) in the LAURA Phase III trial. The trial, led by Dr. Suresh Ramalingam, … Read the full press release

FDA Approves AstraZeneca’s Tagrisso Plus Chemotherapy for EGFR-Mutated Lung Cancer

(IN BRIEF) AstraZeneca’s Tagrisso receives FDA approval for treating adult patients with locally advanced or metastatic EGFR-mutated non-small cell lung cancer (NSCLC) following a Priority Review. The decision is based on FLAURA2 Phase III trial results demonstrating that Tagrisso plus … Read the full press release

EU Leaders Face Backlash for Industry Collaboration Amid Chemical Pollution Crisis

(IN BRIEF) A new report by Corporate Europe Observatory sheds light on a concerning collaboration between EU leaders and major chemical corporations, set to discuss a “European Industrial Deal” in Antwerp. Despite alarming levels of chemical exposure and biodiversity collapse, … Read the full press release

Kuehne+Nagel Expands Logistics Operations with New Cross-Dock Centre at Port of Gdansk

(IN BRIEF) Kuehne+Nagel, a leading global logistics provider, has inaugurated a state-of-the-art cross-dock centre near the Deepwater Container Terminal (DCT) at the port of Gdansk, Poland. Spanning over 3,300 square meters with additional office space, the facility caters to the … Read the full press release

Thales to Provide Advanced Satellite Communication System for German Navy’s F126 Frigates

(IN BRIEF) Thales, a global leader in military communication satellites, announces the provision of SurfSAT-L satellite communication terminals for the German Navy’s F126 frigates. These state-of-the-art systems ensure high-performance, secure long-range connectivity crucial for naval operations, particularly in challenging maritime … Read the full press release

Almirall Achieves Robust Growth in Dermatology Sector, Expands Pipeline with Licensing Agreement

(IN BRIEF) Almirall, a leading biopharmaceutical company specializing in medical dermatology, has reported its full-year 2023 financial results, showcasing a 4% year-on-year growth in net sales driven by the strong performance of its European Dermatology business. The company’s total EBITDA … Read the full press release

Almirall Secures Global Rights for Promising Dermatological Treatment, NN-8828, Targeting IL-21

(IN BRIEF) Almirall S.A., a leading pharmaceutical company specializing in medical dermatology, has finalized an exclusive license agreement with Novo Nordisk for the development and commercialization of NN-8828, an IL-21 blocking monoclonal antibody. This innovative treatment holds potential for various … Read the full press release

Linguistics in Play: “Streektaalstrijd” Board Game Showcases Regional Languages of Netherlands and Flanders

(IN BRIEF) PhD candidates Raoul Buurke, Hedwig Sekeres, and Lourens Visser from the University of Groningen’s Faculty of Arts have introduced “Streektaalstrijd,” a board game aiming to promote linguistic diversity and cultural understanding. Players engage in a linguistic battle, answering … Read the full press release

Outokumpu Oyj repurchased 4,265 own shares as Part of EUR 50 Million Buyback Program

(IN BRIEF) Outokumpu finalized the repurchase of its own shares on February 16, 2024, as part of its previously announced buyback program. The company acquired a total of 4,265 shares across trading venues, totaling EUR 17,743.85. This move aligns with … Read the full press release

ABB to Expand Electrification Service Portfolio with SEAM Group Acquisition

(IN BRIEF) ABB has announced its agreement to acquire SEAM Group, a prominent provider of energized asset management and advisory services. This acquisition aims to enhance ABB’s Electrification Service offering, providing customers with expertise in predictive, preventive, and corrective maintenance, … Read the full press release

Dupixent® Receives Landmark Approval in Japan for Chronic Spontaneous Urticaria Treatment

(IN BRIEF) Japan’s Ministry of Health, Labor and Welfare (MHLW) has authorized the marketing and manufacturing of Dupixent® (dupilumab) for treating chronic spontaneous urticaria (CSU) in patients aged 12 years and older. This approval marks a significant milestone as Japan … Read the full press release