Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Alfa Laval Joins Global Effort at COP28 to Accelerate Transition to Net-Zero Emissions

(IN BRIEF) Alfa Laval, as part of the Swedish delegation to COP28, is actively participating in discussions and collaborations to expedite the transition to net-zero emissions by 2050. The company’s focus revolves around the systemic shift in key industries, including … Read the full press release

EBRD Provides €6 Million to Boost Kosovo’s MSMEs and Green Economy

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is allocating up to €6 million to Banka për Biznes in Kosovo for onward lending to micro, small, and medium-sized enterprises (MSMEs). This initiative aims to enhance entrepreneurship, market competitiveness, … Read the full press release

EBRD and Green Climate Fund’s High-Impact Programme Aims to Transform Hard-to-Abate Sectors for Net-Zero Goals

(IN BRIEF) The transition to a net-zero economy presents significant challenges for various industries, especially “hard-to-abate” sectors such as cement, steel, chemicals, mining, shipping, and aviation. These sectors contribute to about 30% of global emissions, making their transition crucial. The … Read the full press release

Kyrgyz Businesswoman Empowers Women in the Hotel Industry Through EBRD Support

(IN BRIEF) Women globally perform at least 2.5 times more unpaid work than men, with working mothers often balancing multiple roles, including employment, household chores, and childcare. In Central Asia, traditional constraints add to the challenges faced by women. Saikal, … Read the full press release

EBRD and EU Support Montenegro’s Green Energy Efficiency Investments

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU) and Austria, is bolstering energy efficiency investments in Montenegro by extending a €2 million loan to NLB Banka a.d. Podgorica, aimed at providing … Read the full press release

Henkel Adhesive Technologies Recognizes Strategic Partners with Annual Supplier Awards

(IN BRIEF) Henkel Adhesive Technologies has presented its annual Supplier Awards to recognize the successful collaboration with its strategic partners for the 10th consecutive year. In 2023, awards were given to Kraton, Wanhua, and Kolon in the categories of Sustainability, … Read the full press release

Digi Communications NV announces the release of the Q3 2023 Financial Results

Digi Communications NV announces the release of the Q3 2023 Financial Results

(IN BRIEF) Digi Communications N.V. has released its Q3 2023 financial results, which can be found on the company’s website. A conference call to discuss these results will be held today at 14:00 UK time / 16:00 EEST (Romania local … Read the full press release

Indian Aerospace Advances: PTC Industries Joins Forces with Safran Aircraft Engines

(IN BRIEF) Indian company PTC Industries has partnered with French aerospace giant Safran Aircraft Engines to produce titanium casting parts for the LEAP engines, underpinning India’s “Make in India” initiative. PTC Industries will leverage its expertise in advanced casting processes … Read the full press release

Logicor Initiates Construction of State-of-the-Art Logistics Park in Czech Republic

(IN BRIEF) Logicor, a leading European logistics real estate company, has commenced the construction of its inaugural regional logistics park in the Czech Republic. This site, strategically located near major road connections between Prague and Liberec, is undergoing a two-phase … Read the full press release

AFRY Showcases Climate Leadership and Sustainable Solutions at COP28

(IN BRIEF) AFRY, a global sustainability and engineering company, is participating in COP28, the United Nations Climate Change Conference, as part of the Business Sweden delegation. AFRY aims to highlight its sustainable solutions and leadership in addressing the climate crisis. … Read the full press release

Passenger-Centricity, Autonomous Technologies and Data Privacy and Security : World Technology Congress at the House of Lords, UK Parliament

At the House of Lords, the Palace of Westminster, World Technology Congress (WTC) featured “the new mobility landscape” as a theme for the Fall Session which addressed major challenges and opportunities of the mobility industry. (IN BRIEF) The World Transportation … Read the full press release

EnBW Reports Strong Earnings Growth and Increased Investment in Energy Transition

(IN BRIEF) EnBW Energie Baden-Württemberg AG has announced its financial results for the first nine months of the 2023 financial year. The company reported revenue of approximately €34.7 billion and Group operating earnings (adjusted EBITDA) of €4.9 billion during this … Read the full press release

UniCredit Acquires 8.9781% Stake in Alpha Services and Holdings S.A. from HFSF

(IN BRIEF) UniCredit S.p.A. has confirmed the purchase of an 8.9781% minority stake in Alpha Services and Holdings S.A. in Greece from HFSF at a price of 1.39 Euros per share. This acquisition represents a premium of 9.4% over the … Read the full press release

Skanska Secures $98 Million Contract for Mercy Health Lourdes Hospital Tower Renovation

(IN BRIEF) Skanska has entered into a $98 million contract with Bon Secours Mercy Health for the renovation of the Mercy Health Lourdes Hospital Tower in Paducah, Kentucky, USA. The project entails the modernization and refurbishment of the Hospital Tower, … Read the full press release

Skanska Wins $100 Million Contract to Build STEM Building for Texas State University

(IN BRIEF) Skanska has secured a contract valued at $100 million from the Texas State University System to construct a new STEM (Science, Technology, Engineering, and Math) building on the San Marcos campus in Texas, USA. The eight-story, 14,500 square-meter … Read the full press release

Ericsson Appoints Rita Mokbel as Head of Vietnam Operations and Global Customer Unit Telenor

(IN BRIEF) Ericsson, a leading telecommunications technology company, has announced the appointment of Rita Mokbel as Head of Ericsson Vietnam. In her new role, Rita will be responsible for overseeing Ericsson’s business and operations in Vietnam while continuing her role … Read the full press release

Bosnian Furniture Maker Zanat Embarks on Digital Transformation Journey with EBRD Support

(IN BRIEF) Zanat, a renowned Bosnian furniture company known for its hand-carving techniques and UNESCO recognition, faced challenges with growing international demand, including delivery delays and product quality issues. To address these challenges and optimize their operations, the company sought … Read the full press release

IQ Biozoom Innovates Non-Invasive Self-Testing, Empowering People to Self-Monitor with Laboratory Precision at Home

(IN BRIEF) IQ Biozoom, a medical technology startup, is developing non-invasive home diagnostics that allow people to measure the concentration of biochemical substances in liquid analytes like saliva, sweat, urine, or tears. Their technology integrates inkjet printing with advanced semiconductors, … Read the full press release

Vodafone Partners with Accenture to Optimize Shared Operations, Boost Efficiency, and Drive Growth

(IN BRIEF) Vodafone Group Plc has unveiled plans for a strategic partnership with Accenture aimed at leveraging shared operations to enhance growth, customer service, and operational efficiency across Vodafone’s operating companies and partner markets. The collaboration will build upon Vodafone’s … Read the full press release

Rolls-Royce Achieves Milestone: All In-Production Aero Engines Proven Compatible with 100% Sustainable Aviation Fuel (SAF)

(IN BRIEF) Rolls-Royce has reached a significant milestone by successfully completing compatibility testing of 100% Sustainable Aviation Fuel (SAF) on all its in-production civil aero engine types, fulfilling a commitment made in 2021. The ground and flight tests, involving various … Read the full press release