Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Adyen Appoints Tom Adams as New Chief Technology Officer to Drive Innovation and Growth

(IN BRIEF) Adyen has appointed Tom Adams as its new Chief Technology Officer (CTO), succeeding Alexander Matthey. Adams, formerly Head of Engineering at Cash App, will oversee the strategic and technological vision of Adyen’s unified platform. His appointment has been … Read the full press release

TotalEnergies Announces Key Leadership Changes in Executive Committee

(IN BRIEF) TotalEnergies has announced key leadership appointments within its Executive Committee, effective September 1, 2024. Bernard Pinatel will become President Downstream and President Marketing & Services, while Vincent Stoquart will take over as President Refining & Chemicals. These changes … Read the full press release

TOBEA and Siemens Revolutionize Beach Accessibility with SEATRAC System for People with Disabilities

(IN BRIEF) TOBEA and Siemens have partnered to create the SEATRAC system, an innovative solution that allows people with disabilities to independently access and enjoy the beach. The system, now installed on over 250 beaches worldwide, uses Siemens’ advanced technology … Read the full press release

EU Backs Finland’s Keliber Project with €150 Million to Strengthen Lithium Supply for Electric Vehicles

(IN BRIEF) The European Investment Bank (EIB) has committed €150 million to support the Keliber lithium project in Finland, operated by Sibanye-Stillwater. This investment is part of a €500 million package aimed at establishing the EU’s first integrated battery-grade lithium … Read the full press release

Eni Gains Approval for Major Gas Projects in Indonesia, Establishing Northern Hub in Kutei Basin

(IN BRIEF) Eni has received approval from Indonesian authorities for the development of the Geng North, Gehem, and Gendalo&Gandang gas fields, which will lead to the creation of a new production hub, the Northern Hub, in the Kutei Basin, East … Read the full press release

Telefónica Strengthens Commitment to Brazil, Plans Continued Expansion in Key Market

(IN BRIEF) Telefónica’s Chairman, José María Álvarez-Pallete, met with Brazilian President Luiz Inácio Lula da Silva to reaffirm the company’s strong commitment to Brazil, one of its key markets. Telefónica, which leads the Brazilian telecommunications market through its Vivo brand … Read the full press release

Vodafone and 1&1 Partner to Expand 5G Access Across Germany with National Roaming Agreement

(IN BRIEF) Vodafone and 1&1 have entered into a long-term national roaming partnership in Germany, enabling 1&1 customers to access Vodafone’s 5G network in areas where 1&1’s own infrastructure is not yet available. This partnership ensures seamless 5G coverage for … Read the full press release

Energiekontor Secures New Wind Park Approvals, Expands Renewable Energy Portfolio in Europe

(IN BRIEF) Energiekontor AG has received building permits for three new wind parks in Lower Saxony, Germany, adding 116 megawatts to their renewable energy capacity. These projects, along with other wind and solar initiatives currently under development, are part of … Read the full press release

Volvo Group Expands North American Presence with $700M Manufacturing Plant in Monterrey

(IN BRIEF) Volvo Group has selected Monterrey, Mexico, as the site for its new heavy-duty truck manufacturing plant, aiming to enhance production capacity for Volvo and Mack trucks across North America, Mexico, and Latin America. The plant, which will be … Read the full press release

Astor Asset Management 3 Ltd: Salinas Pliego Verstößt gegen Darlehensvertrag über 110 Mio. USD und Mexikanische Wertpapiergesetze

ASTOR ASSET MANAGEMENT BERICHTET ÜBER ZAHLUNGSAUSFALL VON RICARDO BENJAMIN SALINAS PLIEGO BEI EINEM DARLEHEN IN HÖHE VON 110 MIO. USD UND ERNEUTE VERLETZUNG DER MEXIKANISCHEN WERTPAPIERGESETZE (IN KÜRZE) Astor Asset Management 3 Ltd. berichtet, dass Ricardo Benjamin Salinas Pliego, ein … Read the full press release

Empa’s ‘Beyond Zero’ Initiative Paves the Way for CO2-Negative Buildings in the Construction Industry

(IN BRIEF) Empa has launched the “Mining the Atmosphere” initiative, aiming to transform buildings from CO2 emitters into carbon sinks. Through the NEST unit “Beyond Zero,” the project develops and tests innovative materials, such as carbon-based aggregates in concrete, that … Read the full press release

BBVA Sets the Benchmark for Innovation in Corporate Banking, Wins Top Honors from Global Finance

(IN BRIEF) BBVA has been recognized by Global Finance magazine as a leader in corporate banking, winning awards for Most Innovative Bank in Spain, Best Mobile Banking App, and Best Open Banking Strategy. The bank was praised for its innovative … Read the full press release

Hiab Unveils Groundbreaking Sustainable Load Handling Solutions at Elmia Lastbil Exhibition

(IN BRIEF) Hiab, a subsidiary of Cargotec, unveiled its latest sustainable load handling solutions at the Elmia Lastbil exhibition, the Nordic region’s largest transport event. Key highlights included the world premiere of the MULTILIFT eUltima, a hooklift designed for electric … Read the full press release

Guangdong Guanhao High-Tech Secures Independence in Pulp Production with New ANDRITZ Partnership

(IN BRIEF) ANDRITZ will supply a new 400,000-ton annual capacity chemi-mechanical pulp production line to Zhanjiang China Paper Co., Ltd., a subsidiary of Guangdong Guanhao High-Tech in China. This new line will reduce the company’s reliance on market pulp, enhancing … Read the full press release

Capgemini Revolutionizes America’s Cup Viewing with Real-Time Wind Visualization Technology

(IN BRIEF) Capgemini and America’s Cup Media have partnered to introduce WindSight IQ™, a state-of-the-art technology that will bring real-time wind visualization to the Louis Vuitton 37th America’s Cup broadcasts. This innovative tool leverages advanced LiDAR sensors and cutting-edge algorithms … Read the full press release

Accenture and AWS Launch Responsible AI Platform to Enhance Safe and Ethical AI Adoption

(IN BRIEF) Accenture and Amazon Web Services (AWS) have expanded their partnership to launch the Accenture Responsible AI Platform, designed to help organizations adopt and scale AI responsibly. This platform integrates AI governance, risk assessment, compliance monitoring, and other services, … Read the full press release

Nokia and TM Collaborate to Enhance Malaysia’s Optical Network, Driving AI and Hyperscaler Connectivity

(IN BRIEF) Nokia has partnered with TM (Telekom Malaysia) to enhance its international optical network using advanced DWDM technology. This upgrade will support the growing demand for high-speed, low-latency connectivity driven by hyperscalers and cloud-based services. The new network will … Read the full press release

University of Bristol’s Royal Fort Gardens Earns Ninth Green Flag Award for Excellence

(IN BRIEF) The University of Bristol’s Royal Fort Gardens has been awarded the prestigious Green Flag Award for the ninth consecutive year, recognizing it as one of the UK’s top green spaces. Managed by Keep Britain Tidy, this award highlights … Read the full press release

Alstom Advances UK’s Digital Rail Future with Successful ETCS Testing on Major Commuter Train

(IN BRIEF) Alstom has successfully completed dynamic testing of the European Train Control System (ETCS) on a key UK commuter train, marking a significant step towards digitalizing the East Coast Main Line. The testing was conducted on the Great Northern … Read the full press release

Leading Renewable Energy Partnership: Polat Enerji and ENERCON Expand Collaboration with New Wind Farm Projects

(IN BRIEF) Polat Enerji, a leading wind energy investor in Türkiye, has expanded its partnership with ENERCON by signing contracts to add 110.5 MW of capacity across three new wind farm projects. These projects, which include advanced wind turbines and … Read the full press release