Category Archives: Business

Business Press Releases & News distributed via EuropaWire

InvestEU Programme and EIF Join Forces to Boost Social Enterprises and Creative Sector in Catalonia

(IN BRIEF) With support from the InvestEU programme, the European Investment Fund (EIF) and the Catalan Finance Institute (ICF) have entered into a capped portfolio guarantee agreement to leverage €64 million in financing for social enterprises and entities in the … Read the full press release

Vredeveld Group Revolutionizes Fleet Management with Continental’s ContiConnect Digital Tire Monitoring

(IN BRIEF) The Vredeveld Group, a leading logistics company in the Netherlands, has implemented Continental’s ContiConnect digital tire monitoring technology across its modern fleet, resulting in significant improvements in fleet efficiency, fuel consumption, and carbon emissions reduction. With a fleet … Read the full press release

Telstra and Ericsson Collaborate with AMD for Energy-Efficient 5G Core Deployment

(IN BRIEF) Telstra and Ericsson have unveiled a groundbreaking deployment of high-density microprocessors from Advanced Micro Devices (AMD) within Ericsson’s Cloud Native Infrastructure Solution (CNIS), bolstering Telstra’s 5G Core functions with notable energy efficiency. The deployment features AMD’s Genoa processors, … Read the full press release

Vodafone Romania Partners with Ericsson to Accelerate 5G Deployment and Network Upgrade

(IN BRIEF) Vodafone Romania has selected Ericsson as a key partner for upgrading its current infrastructure and deploying 5G networks, aiming to bring enhanced connectivity speeds, low latency, and reliable performance to consumers and enterprises. Under the six-year agreement, Ericsson … Read the full press release

Fortum Receives A- Rating for Climate Efforts in 2023 CDP Report

(IN BRIEF) Fortum achieved an A- rating for its climate efforts in the 2023 Carbon Disclosure Project (CDP) report, showing significant improvement from its previous B rating. The company’s enhanced score reflects advancements in risk disclosure, value chain engagement, and … Read the full press release

Rheinmetall Breaks Ground on New Ammunition Factory to Bolster Germany’s Defence

(IN BRIEF) Rheinmetall AG is undertaking a significant strategic initiative to enhance Germany’s national security preparedness by constructing a new ammunition factory, “Werk Niedersachsen,” at its Unterlüß site in Lower Saxony. This factory, with an investment volume of around €300 … Read the full press release

Lightsource bp Receives Investment Award at UK-Greek Business Awards

(IN BRIEF) Lightsource bp, a leading solar energy developer, has been honored with the Investment Award at the inaugural UK-Greek Business Awards, organized by the British Embassy Athens and the British Hellenic Chamber of Commerce. This recognition highlights the company’s … Read the full press release

NatWest Regional PMI Survey Signals Broad Economic Growth Across UK Regions

(IN BRIEF) The latest NatWest Regional PMI® survey reveals a positive start to the year for most areas of the UK, with business activity expanding across ten out of twelve regions and nations. London and the West Midlands led the … Read the full press release

NatWest and Beauhurst Startup Index Reveals Record Year for UK Entrepreneurship in 2023

(IN BRIEF) The NatWest and Beauhurst Startup Index released today unveils a landmark year for entrepreneurship in the UK, with over 900,000 new companies incorporated, marking a record high. Despite economic challenges such as inflation and operational costs, the surge … Read the full press release

Metso Secures EUR 10 Million Contract for Copper Flash Smelting Furnace Rebuild with Aurubis Bulgaria AD

(IN BRIEF) Aurubis Bulgaria AD has contracted Metso for a significant copper Flash Smelting Furnace rebuild project in Bulgaria’s Zlatitsa-Pirdop Valley, surpassing EUR 10 million in value. This collaboration marks another milestone in the longstanding partnership between the two companies, … Read the full press release

EU-Funded Reconstruction Provides Housing for Displaced Ukrainians

(IN BRIEF) Under the “EU Support for Urgent Housing Needs for Internally Displaced Persons in Ukraine” initiative, a former boarding school dormitory in Kivertsi has been efficiently reconstructed to offer housing for displaced Ukrainians. With funding from the EU and … Read the full press release

DNV Forges Europe’s Leading Cyber Security Services Business through Mergers

(IN BRIEF) DNV, a leading assurance and risk management provider, has combined its cyber security division with two recently acquired companies – Nixu and Applied Risk – to create one of Europe’s fastest-growing cyber security services businesses. This merger brings … Read the full press release

EQT X Reaches 30-35% Investment Milestone

(IN BRIEF) EQT X has achieved a significant milestone, with expectations to be 30-35% invested based on its target fund size, subject to regulatory approvals. This development signals progress for EQT X, highlighting its commitment to strategic investments. However, it’s … Read the full press release

Iberdrola Spearheads Global Initiatives for Women in Energy Sector

(IN BRIEF) Despite comprising nearly half of the global workforce, women represent only 22% of the energy sector, with 32% involvement in renewables. Iberdrola, acknowledging this gender disparity, leads various programs across Spain, the UK, the US, Mexico, Brazil, and … Read the full press release

INEOS Inovyn Unveils Ultra Low Carbon Chlor-Alkali Range, Revolutionizing Industrial Sustainability

(IN BRIEF) INEOS Inovyn introduces a groundbreaking Ultra Low Carbon (ULC) range of Chlor-Alkali products, slashing the carbon footprint of caustic soda, caustic potash, and chlorine by up to 70% compared to industry norms. Leveraging renewable energy sources such as … Read the full press release

GSK’s Bepirovirsen Receives FDA Fast Track Designation for Chronic Hepatitis B Treatment

(IN BRIEF) GSK plc has announced that the US Food and Drug Administration (FDA) has granted Fast Track designation for bepirovirsen, an investigational antisense oligonucleotide (ASO) targeting chronic hepatitis B (CHB). The Fast Track designation aims to expedite the development … Read the full press release

Pressure Mounts: Call to Ban Amazon Lobbyists from European Parliament

(IN BRIEF) Trade unions and civil society organizations are rallying behind Members of European Parliament (MEPs) in their call to revoke Amazon lobbyists’ access to the European Parliament following the tech giant’s repeated refusal to engage with parliamentary committees regarding … Read the full press release

Telefónica Tech and HORSE Collaborate to Safeguard Valladolid Facility with Aristeo Cybersecurity Solution

(IN BRIEF) HORSE, a mobility solutions company, partners with Telefónica Tech to enhance cybersecurity at its Valladolid plant. Telefónica Tech will deploy Aristeo, a cybersecurity solution, to detect and analyze threats using real hardware. The implementation aims to strengthen HORSE’s … Read the full press release

Vodafone Business Presents Cutting-Edge Hospitality Solutions at FiturTechY 2024

(IN BRIEF) Vodafone Business, in collaboration with tech partners Eviden, Fractalia, and EcoMT, showcased innovative solutions at FiturTechY in Madrid, aimed at revolutionizing the hospitality industry. Among the highlights was a virtual assistant powered by Generative AI, acting as a … Read the full press release

Gasum Partners with Wasaline to Manage EU Allowances Portfolio

(IN BRIEF) Gasum Portfolio Services has been chosen by shipping company Wasaline to manage its EU Allowances (EUA) portfolio, following the extension of the EU emissions trading system to include the maritime sector at the beginning of 2024. This partnership … Read the full press release