Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Philips AI Platform Speeds Up Bone Fracture Diagnosis in Norway’s Healthcare System

(IN BRIEF) Philips’ AI-enabled clinical applications platform, in collaboration with Norwegian healthcare provider Vestre Viken Health Trust, is helping accelerate the diagnosis of bone fractures in Norway. The AI-based bone fracture radiology application deployed on Philips AI Manager streamlines the … Read the full press release

Eneco Proposes Green Hydrogen Production Plant in Rotterdam’s Europoort Industrial Area

(IN BRIEF) Eneco has filed a planning application for the construction of the ‘Eneco Electrolyzer,’ a green hydrogen production facility located in Rotterdam’s Europoort industrial district. Green hydrogen is generated using renewable energy, and Eneco is collaborating with Mitsubishi on … Read the full press release

ABP Increases Stake in Vesteda, Enabling Affordable Rental Housing Project in Rotterdam

(IN BRIEF) Public sector pension fund ABP has raised its stake in Vesteda to a maximum of 33%, facilitating Vesteda’s acquisition of the new-build Zuiderhof project in Rotterdam. The homes in this development will be prioritized for rental to candidates … Read the full press release

Construction Commences on Vesteda’s New Zuiderhof Complex in Rotterdam

(IN BRIEF) On Wednesday, November 22, construction will begin on Vesteda’s new-build Zuiderhof complex in Rotterdam. This development, situated in the Vreewijk garden village in the Feijenoord district, will consist of 160 two, three, and four-room apartments in the mid-rental … Read the full press release

Solvay Releases Supplement to Information Document for Planned Separation into SOLVAY and SYENSQO

(IN BRIEF) Solvay SA/NV has published a supplement to its information document, initially dated June 30, 2023, regarding its planned separation into two independent listed companies, SOLVAY and SYENSQO. This separation will occur through a partial demerger of Solvay. The … Read the full press release

Yara International and Northern Lights Sign Historic Agreement for Cross-Border CO2 Transport and Storage

(IN BRIEF) Yara International, a global ammonia player, has entered into a significant commercial agreement with Northern Lights, a CO2 transport and storage provider, to enable the cross-border transportation and storage of CO2. This collaboration aims to reduce Yara’s annual … Read the full press release

Newcastle University Hosts ‘Exploring Polar Environments’ Day to Inspire Young Scientists and Challenge Stereotypes in Polar Research

(IN BRIEF) Newcastle University is welcoming hundreds of schoolchildren for the ‘Exploring Polar Environments’ day, an initiative organized by polar scientists to educate students about polar science and the career prospects it offers. The event aims to challenge stereotypes surrounding … Read the full press release

Basilea’s Antifungal Drug Cresemba Surpasses Sales Threshold in Asia Pacific, Triggering $1.25 Million Milestone Payment

(IN BRIEF) Basilea Pharmaceutica Ltd, a biopharmaceutical company dedicated to addressing severe bacterial and fungal infections, has announced that its antifungal medication, Cresemba® (isavuconazole), has achieved robust sales performance in the Asia Pacific region and China through its licensing partner, … Read the full press release

Urban Agriculture Could Transform Glasgow’s ‘Food Deserts’ and Reduce Inequality, New Research Finds

(IN BRIEF) New research conducted by the University of Glasgow in collaboration with Florida State University, USA, suggests that adopting an innovative approach to urban agriculture could help Glasgow’s ‘food deserts’ become sources of healthy and affordable produce, ultimately reducing … Read the full press release

Suzano Taps ANDRITZ for Five-Year Modular Maintenance Deal for World’s Largest Eucalyptus Mill

(IN BRIEF) Brazilian pulp producer Suzano has entered into a five-year contract with international technology group ANDRITZ to provide modular maintenance services for its upcoming mill in Ribas do Rio Pardo, Mato Grosso do Sul, Brazil. The maintenance agreement encompasses … Read the full press release

DAAD Secures Increased Funding for 2024 to Foster International Academic Exchange and Support Skilled Labor Initiative

(IN BRIEF) The German Academic Exchange Service (DAAD) has secured additional funding of almost three million euros for the year 2024, exceeding the original draft budget allocation. The budget increase, following final negotiations on the 2024 federal budget, will provide … Read the full press release

Terna Initiates €50 Million Underground Cable Project to Enhance Power Grid Resilience in Bolzano Province

(IN BRIEF) Italian power grid operator Terna, under the leadership of Giuseppina Di Foggia, has commenced construction on a new underground cable connection spanning 22 km between Vandoies and Brunico in the province of Bolzano. With an investment of approximately … Read the full press release

NIB Provides €50 Million Loan to Kemijoki Oy for Hydropower Innovation and Fish Migration Projects

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 15-year, €50 million loan agreement with Kemijoki Oy to support the company’s investment program from 2023 to 2027. Kemijoki Oy’s program focuses on modernizing and maintaining its hydropower assets and … Read the full press release

Moro Hub and Thales Partner to Elevate Cybersecurity Services in the UAE

(IN BRIEF) Moro Hub, a subsidiary of Digital DEWA, has joined forces with Thales, a global leader in security and digital identity technologies, at the Dubai Air Show 2023. This partnership aims to redefine the landscape of physical and cyber … Read the full press release

École Polytechnique, CNRS, and Safran Electronics & Defense Establish Joint Laboratory for Electric Satellite Thruster Research

(IN BRIEF) École Polytechnique, the French national scientific research center CNRS, and Safran Electronics & Defense have entered into a partnership to establish a joint laboratory named COMHET (laboratoire Commun pour l’étude des Hall Effect Thrusters) dedicated to the research … Read the full press release

ENERCON Celebrates 20 Years in France, Affirms Commitment to Expanding Renewable Energy in Europe

(IN BRIEF) ENERCON, a leading manufacturer of onshore wind energy converters, marked its 20-year presence in France by reaffirming its dedication to the expansion of onshore wind energy in Europe. The company’s CCO, Ulrich Schulze Südhoff, emphasized that Europe is … Read the full press release

Saab Secures SEK 4.3 Billion Defense Systems Order from Unnamed Western Country

(IN BRIEF) Saab has announced the receipt of a significant defense systems and equipment order from an undisclosed Western government. The order, valued at approximately SEK 4.3 billion, encompasses various systems and equipment offered by Saab’s Dynamics and Surveillance business … Read the full press release

CERN Celebrates LGBTQ+ Diversity with Historic Flag-Raising Ceremony

(IN BRIEF) CERN, the European Organization for Nuclear Research, marked a historic moment by raising the Progress Pride flag on its main Esplanade for the first time. This event, coinciding with LGBTQ+ STEM Day, underscores CERN’s commitment to recognizing and … Read the full press release

Telefónica’s Digital Expertise Fuels UNWTO’s Sustainable Tourism Goals

(IN BRIEF) Telefónica and the United Nations World Tourism Organization (UNWTO) have renewed their collaboration framework until 2026 to promote digital, sustainable, and inclusive tourism development. Their partnership will focus on three strategic areas: driving global and regional innovation and … Read the full press release

Vodafone Demonstrates the Potential of 6GHz Spectrum for Future 5G Improvements

(IN BRIEF) Vodafone has released test results from its ongoing network trials in the upper 6GHz frequency band in anticipation of the World Radiocommunication Conference (WRC-23) in Dubai. The conference will decide the fate of the 6GHz spectrum band for … Read the full press release