Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EIB and Poste Italiane Partner for €450 Million Investment to Enhance Digital and Sustainable Logistics

(IN BRIEF) The European Investment Bank (EIB) and Poste Italiane have signed a €450 million finance contract to modernize and digitalize Poste Italiane’s logistics and postal services. This funding will be used to establish new automated parcel sorting centers, including … Read the full press release

SGS to Acquire Institut d’Expertise Clinique (IEC), Expanding Global Leadership in Cosmetics Testing

(IN BRIEF) SGS has announced its acquisition of Institut d’Expertise Clinique (IEC), a prominent Clinical Research Organization specializing in advanced clinical testing for the cosmetics industry. Founded in 1990 and based in France, IEC operates across Europe, Asia, and Africa, … Read the full press release

McLaren Automotive and The LEGO Group Unveil LEGO® Technic™ McLaren P1™

(IN BRIEF) McLaren Automotive and the LEGO Group have unveiled their latest collaboration, showcasing the LEGO® Technic™ McLaren P1™, a tribute to the groundbreaking hybrid hypercar. Known for redefining automotive high-performance, the McLaren P1™ integrated advanced motorsport-derived engineering to achieve … Read the full press release

Yara Brasil Fertilizantes and Petrobras Advance Towards Potential Business Partnership

(IN BRIEF) Yara Brasil Fertilizantes and Petrobras have signed a non-binding Master Agreement to explore potential synergies in their operations, following a prior Memorandum of Understanding signed in February 2024. The focus is on enhancing efficiencies in Brazil’s fertilizer and … Read the full press release

Saudi Arabia Orders Four Additional Airbus A330 Multi Role Tanker Transport Aircraft

(IN BRIEF) Saudi Arabia has ordered four additional Airbus A330 Multi Role Tanker Transport (MRTT) aircraft for the Royal Saudi Air Force (RSAF). These aircraft will begin conversion in early 2026 and enter service by 2027, enhancing RSAF’s air-to-air refuelling … Read the full press release

Edison and Webuild Collaborate on Major Pumped Hydroelectric Projects to Enhance Italy’s Energy Security and Economic Development

(IN BRIEF) Edison and Webuild have joined forces to develop pumped hydroelectric projects in Southern Italy, focusing on sites in Pescopagano and Villarosa. These projects aim to generate 500 MW of pumped energy by 2030, supporting Italy’s energy security and … Read the full press release

Andritz Wins Major Contract to Enhance Tissue Production for C&S Paper in China

(IN BRIEF) ANDRITZ, an international technology group, has secured a significant order from C&S Paper to supply two advanced PrimeLineCOMPACT tissue machines for their Suqian City mill in Jiangsu Province, China. These machines, with a capacity of 94 t/d each, … Read the full press release

EIB Renovates Bucha Water Supply Facility, Enhancing Access to Clean Drinking Water

(IN BRIEF) The European Investment Bank (EIB), as part of the €340 million Ukraine Recovery Programme, has renovated Bucha’s water supply facility, providing clean drinking water to 9,000 residents. Damaged during the Russian invasion, the upgraded facility now features advanced … Read the full press release

Creas Impacto II Targets €70 Million with Backing from EIF, ICO, Carasso Foundation, and Private Investors

(IN BRIEF) Creas Impacto II, supported by EIF, ICO, the Carasso Foundation, and private investors, targets a €70 million fund size under the InvestEU program. The fund, managed by CREAS, focuses on investing in about 12 growth-stage companies in Spain … Read the full press release

Digi Communications N.V. announces significant agreements concluded by the Company’s subsidiaries in Spain

(IN BRIEF) Digi Spain Telecom S.L.U. (“DIGI Spain”) has signed a 16-year national roaming and RAN sharing agreement with Telefónica Móviles España, effective from 1 January 2025. Additionally, a 10-year fixed broadband bitstream wholesale agreement has been concluded. These deals, … Read the full press release

Eneco and Charged Partner to Trial Home Battery Integration for Grid Stability and Consumer Benefits

(IN BRIEF) Eneco and Charged have announced a collaborative initiative, ‘Gridease,’ aimed at leveraging home battery systems to enhance grid stability while offering financial rewards to consumers. The trial targets customers with Sessy home batteries and both fixed and variable … Read the full press release

EU Competitiveness Council Meets at MOL Group HQ to Drive Green Energy Transition

(IN BRIEF) Under the Hungarian EU Presidency, the Competitiveness Council gathered at MOL Group’s headquarters to discuss Europe’s industrial competitiveness amidst the green energy transition. Key stakeholders emphasized the need for collaborative policymaking and a supportive regulatory environment. Zoltán Áldott … Read the full press release

APM Terminals Suape Advances Sustainable Port Operations with Major Investment in All-Electric Handling Equipment

(IN BRIEF) APM Terminals Suape in Brazil has completed a significant investment in sustainability by acquiring twenty-eight all-electric container handling units from SANY. This move underscores their commitment to becoming Latin America’s first fully electric terminal, set to commence operations … Read the full press release

University of Helsinki Researchers Develop Controlled Proliferation Cells for Safer and Effective Cell Therapies

(IN BRIEF) Researchers at the University of Helsinki and HUS Helsinki University Hospital have developed a groundbreaking technique to control cell proliferation, enhancing the safety and efficacy of cell therapies. Published in Molecular Therapy, the study details how modified stem … Read the full press release

University of Warwick Hosts Spectacular Finale for Flame of Friendship Project, Uniting Coventry Schools in Olympic Spirit

(IN BRIEF) The University of Warwick concluded the Flame of Friendship project with a lively finale, uniting over 700 school children and teachers from 63 schools across Coventry. Held at the Sports and Wellness Hub, the event featured a vibrant … Read the full press release

Wood Secures Six-Year Contract for Shell’s Prelude FLNG Facility, Strengthening LNG Engineering Leadership

(IN BRIEF) Wood has secured a six-year contract to provide comprehensive brownfield engineering, procurement, and construction management (EPCm) services for Shell’s Prelude Floating Liquified Natural Gas (FLNG) facility in Western Australia. This agreement extends Wood’s longstanding partnership with Shell and … Read the full press release

Syngenta Biologicals and Intrinsyx Bio Partner to Advance Sustainable Agriculture Through Innovative Biological Solutions

(IN BRIEF) Syngenta Biologicals and Intrinsyx Bio have joined forces to introduce advanced biological solutions to global agriculture. This collaboration focuses on leveraging Intrinsyx Bio’s proprietary endophyte formulations, which enhance nutrient uptake in plants, reducing reliance on synthetic fertilizers and … Read the full press release

Thales and Naval Group Collaborate on Advanced Sonar System for Autonomous Underwater Vehicles

(IN BRIEF) Thales and Naval Group have joined forces to test an innovative passive omnidirectional hull-mounted sonar system aimed at enhancing the safety and autonomy of extra-large unmanned underwater vehicles (XL-UUVs). This collaborative effort, under the French defense procurement agency’s … Read the full press release

Accenture Acquires Excelmax Technologies to Enhance Silicon Design and Engineering Expertise

(IN BRIEF) Accenture has acquired Bangalore-based semiconductor design services provider Excelmax Technologies, enhancing its expertise in silicon design and engineering. Excelmax, founded in 2019, offers custom silicon solutions for consumer devices, data centers, AI, and edge computing, serving automotive, telecommunications, … Read the full press release

Accenture Acquires Arηs Group to Expand European Tech Services

(IN BRIEF) Accenture has completed its acquisition of Arηs Group, a Luxembourg-based technology services provider, enhancing its capabilities in both public and private sector transformations across Europe. Announced in March 2024, the acquisition adds over 2,330 specialists in software development, … Read the full press release