Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Rolls-Royce Successfully Tests UltraFan Demonstrator at Maximum Power Using Sustainable Aviation Fuel

(IN BRIEF) Rolls-Royce has achieved a significant milestone by successfully running its UltraFan technology demonstrator at maximum power in its Derby facility, UK. What makes this achievement even more noteworthy is that the initial test stage was conducted using 100% … Read the full press release

TotalEnergies to Acquire 1.5 GW of Gas-Fired Power Plants in Texas to Enhance Energy Portfolio

(IN BRIEF) TotalEnergies is expanding its presence in the Texas power market by signing an agreement to acquire three gas-fired power plants from TexGen for $635 million. These plants, with a combined capacity of 1.5 GW, are strategically located close … Read the full press release

WACKER Unveils Advanced Silicone Products for Medical Applications at COMPAMED Trade Show

(IN BRIEF) WACKER, a leading provider of silicone solutions, is showcasing a range of innovative silicone products designed for medical applications at the COMPAMED medical technology trade show. One of the highlights is SILPURAN® 2124, a highly adhesive silicone gel … Read the full press release

Saab-Backed Satellite Ymir-1 Launches to Revolutionize Maritime Communication

(IN BRIEF) On November 11th, the Ymir-1 satellite, equipped with technology from Saab, was successfully launched aboard SpaceX Falcon 9, ushering in a transformative era in maritime communication. Ymir-1 serves as a test satellite and a crucial component in the … Read the full press release

Vodafone Partners with Accenture to Revolutionize Shared Operations and Fuel Growth

(IN BRIEF) Vodafone Group Plc has unveiled plans to establish a strategic partnership with Accenture to harness Vodafone’s shared operations for accelerated growth, improved customer service, and enhanced efficiency across its operating companies and partner markets. The collaboration will leverage … Read the full press release

Bjarke Ingels Group (BIG) Partners with AFRY to Design Prague’s New Vltava Philharmonic Hall

(IN BRIEF) The renowned Danish architectural firm, Bjarke Ingels Group (BIG), has selected AFRY as the general designer and local architect for the upcoming Prague concert building, known as the Vltava Philharmonic Hall. BIG’s design, which triumphed in an international … Read the full press release

Outokumpu Joins Forces with Envigas to Spearhead Emission Reduction in Stainless Steel Production

(IN BRIEF) In a significant move towards sustainable stainless steel production, Outokumpu has partnered with Envigas AB, a leading biocarbon producer, by acquiring a 20% ownership share. Outokumpu’s commitment to reducing carbon dioxide emissions by 42% by 2030 aligns with … Read the full press release

BevZero Introduces Energy Saving Tank Insulation System to Europe under name “BevClad”

(IN BRIEF) BevZero, a prominent player in beverage industry innovation, has launched its advanced energy-saving Tank Insulation system, “BevClad,” in Europe. This marks a significant milestone in Europe’s tank insulation sector, known for its commitment to energy efficiency and sustainability. … Read the full press release

EnBW Completes Sale of Minority Stake in TransnetBW to Federal Government and KfW

(IN BRIEF) EnBW Energie Baden-Württemberg AG has successfully concluded the sale of a minority stake in its subsidiary, TransnetBW, to the federal government and KfW. The federal government has acquired a 24.95% minority stake, while KfW exercised its option to … Read the full press release

Will Semiconductor Lists GDRs on SIX Swiss Exchange, Raising Nearly $445 Million

(IN BRIEF) Will Semiconductor Co., Ltd., a Chinese company, has successfully listed its Global Depository Receipts (GDRs) on the SIX Swiss Exchange. The offering involved 31,000,000 GDRs at an offer price of USD 14.35 per GDR, with each GDR representing … Read the full press release

TÜV Rheinland Appointed Conformity Assessment Body by Cameroon’s ANOR for Product Quality and Safety

(IN BRIEF) The Cameroonian “Agence des Normes et de la Qualité” (ANOR) has designated TÜV Rheinland as a Conformity Assessment Body under the Pre-Shipment Evaluation of Conformity (PECAE) program. TÜV Rheinland is now authorized to conduct conformity verification, inspection, and … Read the full press release

German Courts Dismiss Final Claim Against TÜV Rheinland in PIP Breast Implant Case

(IN BRIEF) The last claim for damages in Germany related to Poly Implant Prothèse (PIP) breast implants has been definitively dismissed by the Darmstadt Regional Court in September 2023. German courts, across all instances, have unanimously concluded that TÜV Rheinland … Read the full press release

ZF Unveils Advanced Agricultural Technology Solutions at Agritechnica 2023

(IN BRIEF) ZF, a leading technology company, is showcasing innovative technology solutions for the agriculture sector at Agritechnica 2023. The company’s offerings include vehicle motion control, drive line technology with continuously variable transmissions, braking technology with brake-by-wire solutions, electrification solutions … Read the full press release

Cebu-Cordova Link Expressway Project Earns Global Recognition for Innovation and Excellence

(IN BRIEF) The Cebu-Cordova Link Expressway project in the Philippines has received prestigious recognition from the International Association of Bridge and Structural Engineering (IABSE). The project, which was inaugurated in 2022, won the “Project and Technology Awards 2023” in the … Read the full press release

MAN Engines Introduces Hydrogen Combustion Engine for Sustainable Agriculture and Off-Road Applications

(IN BRIEF) MAN Engines has unveiled the MAN H4576, a hydrogen combustion engine designed for sustainable drive solutions in agricultural machinery and off-road applications. Based on the proven engine base of the D3876 diesel engine, the MAN H4576 offers a … Read the full press release

Gut Bacteria Diversity May Impact Severity of Diarrhoeal Disease, UEA Study Finds

(IN BRIEF) New research from the University of East Anglia suggests that the severity of diarrhoeal diseases, specifically cryptosporidiosis, may be linked to the diversity of bacteria in the gut. Cryptosporidiosis is responsible for over 100,000 deaths annually, primarily in … Read the full press release

Replacing Sitting with Short Bouts of Exercise Improves Heart Health, Study Finds

(IN BRIEF) A study conducted by researchers from UCL, the University of Sydney, and the University of East Anglia has found that replacing sedentary behavior with even short periods of moderate to vigorous exercise can significantly improve heart health. The … Read the full press release

Lightning-Induced Wildfires Pose Growing Threat to Boreal Forests, New Study Finds

(IN BRIEF) A study led by researchers from the University of East Anglia, Vrije Universiteit Amsterdam, the University of Leeds, Jiangsu Academy of Agricultural Sciences (China), and BeZero Carbon Ltd. reveals that lightning is the primary cause of wildfires in … Read the full press release

Skanska Invests EUR 100 Million in Sustainable Office Complex in Warsaw’s Thriving District

(IN BRIEF) Skanska is investing EUR 100 million in the second phase of the Studio office complex in Warsaw, Poland. The 27-storey building, known as Studio A, will offer around 26,600 square meters of leasable space and is situated in … Read the full press release

Fincantieri Commits to Gender Equality with Endorsement of UN Women’s Empowerment Principles

(IN BRIEF) Fincantieri, a global shipbuilding company, has reaffirmed its commitment to promoting gender equality at work by endorsing the seven United Nations Women’s Empowerment Principles (WEPs). These principles include fostering a corporate culture focused on gender equality, ensuring the … Read the full press release