Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EnBW Commits €1 Billion to Develop National Hydrogen Core Network in Germany

(IN BRIEF) EnBW is investing approximately one billion euros to help establish a national hydrogen core network in Germany, part of the future European Hydrogen Backbone. This initiative, planned to be completed by 2032, aims to supply hydrogen to major … Read the full press release

Ginny Cartwright Ziegler Appointed as Pearson’s Chief Marketing Officer to Lead Strategic Growth

(IN BRIEF) Pearson has appointed Ginny Cartwright Ziegler as its new Chief Marketing Officer, effective July 29, 2024. Ginny, who brings over 30 years of marketing experience from global brands and recently served as CMO for North America at Accenture, … Read the full press release

Merck Joins Intel-Led Consortium to Boost Semiconductor Supply Chain Resilience and Sustainability

(IN BRIEF) Merck has joined the “Semiconductor-X” research project, a consortium led by Intel Germany and the Fraunhofer IFF, focusing on the digitalization of semiconductor supply chains to improve resilience and sustainability. The project, funded by the German Federal Ministry … Read the full press release

Skanska Secures CZK 1.3 Billion Contract to Upgrade Jihlava-City Railway Station in Czech Republic

(IN BRIEF) Skanska has signed a CZK 1.3 billion contract with The Railway Administration of the Czech Republic to modernize Jihlava-City railway station. The project, which includes new tracks, switches, security systems, barrier-free platforms, and a new station building, aims … Read the full press release

GKN Aerospace Enhances Chihuahua Facility with Major Expansion and 200 New Jobs

(IN BRIEF) GKN Aerospace has expanded its facility in Chihuahua, Mexico, doubling its size with an 80,000-square-foot addition. This multi-million USD investment will boost the assembly of composite aerostructures and add electrical wiring interconnection systems (EWIS) capabilities. The expansion is … Read the full press release

Experience Cutting-Edge Metalworking Automation with KUKA at AMB 2024

(IN BRIEF) From September 10 to 14, 2024, KUKA will be showcasing advanced metalworking automation at AMB in Stuttgart. At Booth C71 in Hall 6, KUKA will demonstrate the ease of integrating robots with their KUKA.PLC mxAutomation software and the … Read the full press release

Equinor Awards Valaris USD 498 Million Contract for Raia Project, Promising Significant Economic and Energy Impact in Brazil

(IN BRIEF) Valaris has secured a major drilling contract from Equinor, Repsol Sinopec Brasil, and Petrobras for the Raia project in Brazil. The project, located in the pre-salt region of the Campos basin, is expected to begin drilling operations in … Read the full press release

Stadtwerke Stuttgart’s New Headquarters Sets Benchmark for Smart, Sustainable Urban Energy Solutions

(IN BRIEF) Siemens Smart Infrastructure and Stadtwerke Stuttgart GmbH have partnered to promote sustainable urban energy in Stuttgart. The newly inaugurated Stadtwerke Stuttgart headquarters showcases advanced building and energy management systems using Siemens Xcelerator applications. These systems connect buildings and … Read the full press release

Memorial Hermann Life Flight to use Airbus H160 first in the world for Emergency Medical Services

(IN BRIEF) Memorial Hermann Life Flight® has ordered one H160 and four H145 helicopters from Airbus to replace its current EC145 fleet, becoming the first to use the H160 for helicopter emergency medical services (HEMS). Established in 1976, the program … Read the full press release

University of Liverpool Receives £1M Gift to Establish Sir Peter Rigby Centre for Enterprise

(IN BRIEF) The University of Liverpool has received a £1M donation from Sir Peter Rigby to establish the Sir Peter Rigby Centre for Enterprise. The Centre aims to boost student employability by enhancing enterprise education and entrepreneurial skills, targeting 50,000 … Read the full press release

Unilever’s Pureit Water Purification Business Acquired by A. O. Smith

(IN BRIEF) Unilever has agreed to sell its water purification business, Pureit, to A. O. Smith, a leading global water technology company. Pureit, which operates in countries including India, Bangladesh, Sri Lanka, Vietnam, and Mexico, offers a range of water … Read the full press release

EY Appoints Yew-Poh Mak as Asia-Pacific Deputy Managing Partner, Shannon Cotter as SaT Leader

(IN BRIEF) EY has announced significant leadership changes in its Asia-Pacific division, appointing Yew-Poh Mak as the new Deputy Managing Partner and Shannon Cotter as the Strategy and Transactions (SaT) Leader, effective July 1, 2024. Mak, previously leading EY’s Strategy … Read the full press release

bp and Castrol Partner with Audi for Formula 1 Entry in 2026

(IN BRIEF) bp and Castrol have entered into a strategic partnership with Audi for their debut in Formula 1 in 2026. This exclusive collaboration includes the development of FIA-compliant Advanced Sustainable fuels and specialized lubricants for Audi’s F1 power unit. … Read the full press release

Rolls-Royce to Deliver Major Battery Storage System for Dutch Energy Project

(IN BRIEF) Rolls-Royce Power Systems has been awarded a contract by Battery Park Zeewolde (BPZ) to supply a large-scale battery storage system in Zeewolde, Netherlands. The system, featuring a capacity of 32.6 MW and 65.2 MWh, will support energy trading … Read the full press release

Major Funding Secured for RWE’s Hydrogen Projects in Germany

(IN BRIEF) The German government and state governments of Lower Saxony, North Rhine-Westphalia, and Mecklenburg-Western Pomerania have allocated over 619 million euros to fund two hydrogen projects led by RWE. These include a 300-MW electrolyser in Lingen and a hydrogen … Read the full press release

DHL Express Partners with Central Airlines to Enhance Cargo Operations

(IN BRIEF) DHL Express has signed a Letter of Intent with Central Airlines to deploy two Boeing 777 freighters under a multi-year Operating Agreement, marking their first collaboration with a Chinese cargo airline. This partnership aims to enhance intercontinental cargo … Read the full press release

Aviva Enhances Risk Management Capabilities with Cutting-Edge Software

(IN BRIEF) Aviva has revolutionized its exposure management capabilities with the adoption of Orchestra, a sophisticated software solution developed by Symfos. Since its implementation in 2021, Orchestra has streamlined Aviva’s portfolio roll-up process by 60-70%, allowing for quicker data processing … Read the full press release

Lloyds Banking Group Pioneers Major Social Housing Initiatives with £200 Million Commitment

(IN BRIEF) Lloyds Banking Group is taking significant steps to alleviate the UK’s social housing shortage through the redevelopment of decommissioned data centres and former office sites into new affordable homes. Starting with a project in Pudsey, West Yorkshire, the … Read the full press release

Crédit Agricole S.A. Welcomes Hubert Reynier as New Group Chief Compliance Officer

(IN BRIEF) Crédit Agricole S.A. has appointed Hubert Reynier as the Group Chief Compliance Officer, effective July 15th, 2024, following the retirement of Martine Boutinet. Reynier, who has been with Crédit Agricole since 2010, previously served as the Senior Country … Read the full press release

ANDRITZ Secures Contract for Advanced Sewage Sludge Incineration Plant in Germany

(IN BRIEF) International technology group ANDRITZ has been contracted by German waste management service provider MVA Bielefeld-Herford GmbH to supply an EcoFluid bubbling fluidized bed (BFB) boiler system for a new sewage sludge mono-incineration plant. This plant, designed to handle … Read the full press release