Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Eurojust Coordinates Crackdown on International Online Fraud Network

(IN BRIEF) Eurojust, at the request of Swiss authorities, has organized a series of actions against an online fraud network operating in multiple EU Member States, Georgia, and Ukraine. The investigation into this investment scam began in October 2019, revealing … Read the full press release

Telefónica Launches Voluntary Public Acquisition Offer for Telefónica Deutschland Shares

(IN BRIEF) Telefónica, through its subsidiary Telefónica Local Services GmbH, is making a voluntary public acquisition offer to acquire up to 28.19% of Telefónica Deutschland shares not currently held by Telefónica. The offer price of EUR 2.35 per share represents … Read the full press release

DHL Supply Chain and AutoStore Extend Partnership to Revolutionize Global Warehouse Automation

(IN BRIEF) DHL Supply Chain and AutoStore, a leading robotic technology company specializing in automated storage and retrieval systems, are expanding their collaboration to advance automated warehouse operations on a global scale. DHL, already involved in nine operational AutoStore warehouse … Read the full press release

Vodafone and Sumitomo Introduce Pairpoint: A Groundbreaking Venture for the Economy of Things

(IN BRIEF) Vodafone and Sumitomo Corporation have unveiled Pairpoint, a new brand for their joint venture that was previously known as Digital Asset Broker. Pairpoint aims to enable customers and businesses to leverage the opportunities arising from the Economy of … Read the full press release

BrauBeviale 2023: Europe’s Leading Gathering for Beverage Industry Professionals

(IN BRIEF) BrauBeviale 2023, scheduled from November 28 to November 30, will serve as a vital meeting point for experts in the beer, wine, sparkling wine, spirits, and non-alcoholic beverage production and marketing sectors. After a four-year hiatus, the event … Read the full press release

Bosch Unveils Cutting-Edge Innovations in Motorcycle Technology at EICMA 2023

(IN BRIEF) Bosch is spearheading advancements in motorcycle technology with a focus on software solutions, electrification, and connectivity. The company’s innovative rider-assistance systems, powertrain developments, electrification solutions, and smart connectivity tools are poised to shape the future of motorcycling. Bosch’s … Read the full press release

E.ON Presents Digital Heat Map for Germany to Support Energy Transition in Heating Sector

(IN BRIEF) E.ON, in collaboration with Klara Geywitz, Federal Minister for Housing, Urban Development, and Building, has introduced a comprehensive digital heat map for all of Germany. This interactive tool provides insights into the current status of heat supply in … Read the full press release

ING Repurchases Over 3.8 Million Shares as Part of €2.5 Billion Buyback Program

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced that it repurchased 3,881,120 shares on November 3, 2023, marking the end of the first week of its €2.5 billion share buyback program, which was unveiled on November 2, 2023. These shares were acquired at … Read the full press release

Digi Communications NV Announces Investors Call for the Q3 2023 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 N.V. will host a conference call on November 14, 2023, at 14:00 UK time / 16:00 EEST to discuss its Q3 2023 financial results. The company will release its financial results for the third quarter on … Read the full press release

Lindner Successfully Completes QH Spring Building Complex in Berlin’s Innovative Quartier Heidestrasse

(IN BRIEF) Lindner SE celebrates the successful conclusion of its involvement in the QH Spring building complex, a part of Quartier Heidestrasse, one of Berlin’s largest and most innovative development areas. This six-building complex, marked by smart, energy-efficient, and sustainable … Read the full press release

Solvay Announces Extraordinary Shareholders’ Meeting to Approve Company Separation into Two Independent Entities

(IN BRIEF) Solvay SA has disclosed the materials for its upcoming Extraordinary Shareholders’ Meeting, scheduled for December 8, 2023, at 10:30 am CEST in Brussels. The documents, including the Chairman’s letter to shareholders, are accessible on the company’s website. Nicolas … Read the full press release

Maersk Expands Omnichannel Fulfilment Network in Australia with Seven New Facilities

(IN BRIEF) A.P. Moller-Maersk (Maersk) is strengthening its presence in Australia by opening seven new facilities across the country as part of its global integrator strategy. These additions, to be completed by Q1 2024, will bring Maersk’s total number of … Read the full press release

European Space Pioneer Chiara Manfletti Leads Research for Sustainable Space Travel at TUM

(IN BRIEF) Chiara Manfletti, a prominent figure in European space exploration, has joined the Technical University of Munich (TUM) as a leading expert in aerospace engineering. Her diverse career includes key roles at the German Aerospace Center (DLR), the European … Read the full press release

KPN CEO Outlines Growth Strategy, Plans to Expand Fiber Footprint and Enhance Service Experience

(IN BRIEF) Joost Farwerck, CEO of KPN, has provided an update on the company’s progress in executing its “Accelerate to Grow” strategy launched in late 2020. Under this strategy, KPN has achieved sustainable growth in all segments and made significant … Read the full press release

University of Glasgow Launches World’s First 6G Communications Research Lab, TiC6G

(IN BRIEF) The University of Glasgow has officially inaugurated the Terahertz On-chip Circuit Test Cluster for 6G Communications and Beyond (TiC6G), a pioneering research lab focused on advancing 6G communications technologies. Funded by a £2.6 million grant from the Engineering … Read the full press release

Outokumpu’s Q3 2023 Report: Challenging European Market Offset by Solid Performance in Americas

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, has released its interim report for January to September 2023, highlighting both the challenges and successes during this period. In Q3 2023, the company experienced a challenging market environment in … Read the full press release

Outokumpu and CRONIMET Strengthen Partnership to Boost Circular Economy and Reduce CO2 Emissions in Stainless Steel Production

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel, and CRONIMET, a global leader in recycled stainless steel, are expanding their collaboration to enhance the sourcing and supply of high-quality scrap in Northeastern Europe. Outokumpu has agreed to acquire … Read the full press release

Outokumpu’s Restructuring Moves in Germany: Strengthening Global Advanced Materials Leadership

(IN BRIEF) Outokumpu, a global leader in advanced materials, has unveiled plans for restructuring measures in Germany as part of its strategy to enhance competitiveness and maintain a strong position in the global market for advanced materials. The company aims … Read the full press release

Leading AM Companies Unite to Launch AM I Navigator Initiative at Formnext Event

(IN BRIEF) A consortium of leading additive manufacturing companies, including Siemens, DyeMansion, BASF Forward AM, EOS, and HP, has introduced the AM I Navigator Initiative at the Formnext event. This initiative presents a comprehensive maturity model to guide companies through … Read the full press release

Ulrika Ritzén Appointed Head of Onshore Wind at Vattenfall’s Business Area Wind

(IN BRIEF) Vattenfall has appointed Ulrika Ritzén as the new Head of Onshore Wind in its Business Area Wind, with her tenure set to begin on November 13, 2023. Ulrika, who brings extensive experience from her time at ABB Group … Read the full press release