Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Continental Otrokovice Factory Achieves ISCC PLUS Certification to Fuel 40 Percent Sustainable Tire Materials by 2030

(IN BRIEF) Continental’s Otrokovice tire plant has been awarded ISCC PLUS certification, confirming its adherence to strict documentation and traceability standards for renewable and recycled raw materials. This site now joins five other Continental factories worldwide in meeting these globally … Read the full press release

Escándalo Judicial en Aumento Alarma a la Opinión Pública: Suprema Corte de México Enfrenta Acusaciones de Favoritismo hacia el Aspirante a Magnate Ricardo Salinas Pliego

(NOTICIA EN BREVE) La ministra Lenia Batres acusó a sus colegas de la Suprema Corte de excluirla por tercera vez de las deliberaciones sobre la deuda fiscal de más de 63 000 millones de pesos de Grupo Elektra y Ricardo … Read the full press release

Safran Reosc’s SEEING 130 Wide Achieves In-Orbit Qualification on NorSat-4 Satellite

(IN BRIEF) Safran Reosc’s SEEING 130 Wide imager, selected by the Norwegian Defence Research Establishment for the NorSat-4 satellite, has validated its low-light, wide-field performance in orbit. This first in-space flight for Safran Reosc provides heritage for the entire SEEING … Read the full press release

Safran Elevates Rafale Capabilities with New M88 T-REX Engine Delivering 20% More Thrust

(IN BRIEF) Safran Aircraft Engines has introduced the M88 T-REX at the Paris Air Show—an advanced upgrade to the M88 powerplant that raises afterburning thrust to nine metric tons, a 20 percent increase. The enhancements comprise a higher-capacity low-pressure compressor, … Read the full press release

CAF Lands €100 Million+ Service Contracts for São Paulo Metro Line 5 and Auckland Rail Fleet

(IN BRIEF) CAF has won two maintenance contracts worth over €100 million: a 14-year full-service agreement for 26 six-car trainsets on São Paulo Metro Line 5, operated by Motiva Group, and a five-year support contract with Auckland One Rail for … Read the full press release

GKN Aerospace to Build Wing Structures for Archer Midnight eVTOL Aircraft

(IN BRIEF) GKN Aerospace has broadened its collaboration with Archer Aviation to include the manufacture and supply of wing structures for the Midnight eVTOL air taxi, in addition to supplying low-voltage EWIS since 2023. Midnight, a four-passenger electric air taxi … Read the full press release

GKN Aerospace Joins ICEFlight Consortium to Develop Cryogenic Hydrogen Cooling and Power Systems

(IN BRIEF) GKN Aerospace has become a core partner in ICEFlight, an Airbus-led consortium under the Dutch “Luchtvaart in Transitie” programme, alongside Cryoworld, Stirling Cryogenics, Futura Composites, NLR, Delft University of Technology, and University of Twente. The collaboration will develop … Read the full press release

GKN Aerospace Ships First Megawatt-Class EWIS Harnesses for EU-Supported SWITCH Hybrid-Electric Aircraft Project

(IN BRIEF) GKN Aerospace has delivered the first high-voltage EWIS harnesses for the EU-funded SWITCH hybrid-electric aircraft project. Produced at GKN’s Papendrecht, Netherlands facility, these megawatt-class AC wiring systems will undergo integration testing at Collins Aerospace’s Solihull, UK center before … Read the full press release

Alfa Laval Joins One Water Consortium to Lead Europe’s Water Innovation Community Bid

(IN BRIEF) Alfa Laval has joined the One Water consortium as a core partner to bid for the EIT’s new Water Knowledge & Innovation Community. The consortium will address water scarcity, ecosystem degradation, and the development of a circular blue … Read the full press release

Schroders Appoints Karine Szenberg as Executive Vice Chair and Welcomes Matt Oomen as Global Head of Client Group

(IN BRIEF) Schroders has announced four senior leadership changes to bolster its client-first strategy. Karine Szenberg will become Executive Vice Chair, focusing on strategic alliances and maintaining her place on the Group Executive Committee. Matt Oomen joins as Global Head … Read the full press release

Wiener Börse AG Appoints Alexandra Wittmann and Guido Jestädt to Supervisory Board

(IN BRIEF) During today’s Annual General Meeting, Wiener Börse AG elected Alexandra Wittmann and Guido Jestädt to its Supervisory Board. Wittmann, CFO of EVN AG since September 2024, replaces Stefan Szyszkowitz, who served more than ten years. Jestädt, Chief Administrative … Read the full press release

Euronext and Clearstream Collaborate to Automate Collateral Management for Repo Clearing

(IN BRIEF) Euronext and Clearstream have announced a collaboration to upgrade Euronext Clearing’s collateral management for repos and additional asset classes. Clearstream will serve as a triparty agent, automating collateral selection, valuation, and substitution, while also handling settlement, custody, regulatory … Read the full press release

Updated Memorandum of Understanding Unites Exeter’s Leading University and College in Community and Academic Initiatives

(IN BRIEF) On June 3, the University of Exeter and Exeter College formalised an updated Memorandum of Understanding that deepens a partnership spanning around twenty years. Signed at the University’s Streatham Campus, the MoU reinforces both institutions’ commitment to co-leading … Read the full press release

Gard to Launch Five Market-Aligned Syndicates and Strengthen Leadership Team for Enhanced Client Service

(IN BRIEF) Gard will restructure its organisation on 1 September 2025, replacing traditional silos with five client-centric syndicates—Nordics; Asia; Europe; Greece, Americas & London; and Specialty—each combining underwriting and claims expertise under seasoned executives. Christen Guddal and Bjørnar Andresen will … Read the full press release

Daimler Buses Strengthens Swiss Partnerships with Custom Setra Double-Decker for Gössi and High-Tech ComfortClass Coach for Zerzuben

(IN BRIEF) Daimler Buses’ Setra brand has delivered two premium coaches to Swiss operators Gössi Carreisen and Zerzuben Touristik. Gössi marks its golden anniversary with a bespoke S 531 DT double-decker—featuring founder-inspired styling, 78 seats, club tables, a panoramic glass … Read the full press release

Wolters Kluwer FRR Unveils OneSumX and Thought Leadership on Volatility at Risk Live Europe 2025

(IN BRIEF) At Risk Live Europe 2025 (June 17–18, Convene Sancroft, London), Wolters Kluwer FRR will spotlight its OneSumX finance and risk-reporting platform and contribute thought leadership on modern risk challenges. Francis Lacan, Director of Product Management, will speak on … Read the full press release

Christoph Vilanek Elected Supervisory Board Chairman as Thomas Dannenfeldt Prepares to Step Down

(IN BRIEF) Thomas Dannenfeldt will step down as Chairman of CECONOMY AG’s Supervisory Board at the end of July 2025. Christoph Vilanek, a long-standing board member and former CEO of freenet AG, has been chosen as his successor. The Executive … Read the full press release

Delivery Hero and Allied for Startups Team Up to Drive EU Scale-Up Policy Reform

(IN BRIEF) Delivery Hero has joined forces with Allied for Startups to promote policies that bolster Europe’s tech scale-ups. Drawing on Delivery Hero’s track record as a leading “founder factory,” the collaboration will pinpoint regulatory and funding challenges, channel entrepreneurial … Read the full press release

AUTO1 Group to Create 2,000+ Jobs as It Scales Branches and Refurbishment Centres Across Europe

(IN BRIEF) AUTO1 Group is set to add more than 2,000 positions across Germany, France, Italy, and Spain as it scales its used-car business. The company will expedite the launch of new drop-off branches for wirkaufendeinauto.de and related brands—having opened … Read the full press release

Empowering Frontline Teams with Vodafone & Airbus’s Secure Collaborative Network

(IN BRIEF) Vodafone Business and Airbus Public Safety and Security have launched a secure critical-communications service across Europe that links mobile users with control rooms via voice, messaging, video, and location services. Built on Vodafone’s MCX prioritisation and Airbus’s Agnet … Read the full press release