Category Archives: Business

Business Press Releases & News distributed via EuropaWire

University of Liverpool Joins U.S. Experiment Probing Quantum Physics and Dark Matter Mysteries

(IN BRIEF) The University of Liverpool, along with three other UK universities supported by the Science and Technology Facilities Council (STFC), has officially become part of the Matter-wave Atomic Gradiometer Interferometric Sensor (MAGIS-100) experiment, led by the U.S. Department of … Read the full press release

Enhanced Emergency Preparedness: Equinor Contracts Lufttransport RW AS for SAR Operations

(IN BRIEF) Equinor has chosen Lufttransport RW AS to operate two new search and rescue (SAR) helicopters for the Troll and Oseberg areas, boosting helicopter capacity. Lufttransport is now the third helicopter operator eligible for Norwegian Continental Shelf (NCS) assignments. … Read the full press release

SEAT S.A. Appoints Sven Schuwirth as Executive Vice-President for Sales and Marketing, Overseeing SEAT and CUPRA Brands

(IN BRIEF) SEAT S.A. has appointed Sven Schuwirth as the new Executive Vice-President for Sales and Marketing, overseeing both SEAT and CUPRA brands, starting from February 1, 2024. This appointment marks a natural progression in Schuwirth’s career at SEAT, where … Read the full press release

DHL Group Inks 10-Year Renewable Energy Deal with RWE Supply & Trading

(IN BRIEF) DHL Group has signed a significant 10-year green energy agreement with RWE Supply & Trading, starting in 2026, to purchase approximately 104 gigawatt-hours of renewable electricity annually. This move aligns with DHL Group’s commitment to decarbonization and sustainability, … Read the full press release

Airbus to Deliver 42 H145 Helicopters to French Interior Ministry

(IN BRIEF) The French Armament General Directorate (DGA) has placed an order for 42 H145 helicopters on behalf of the Ministry of Interior, with deliveries slated to commence in 2024. Of these, 36 will be used by the French rescue … Read the full press release

Airbus Lifecycle Services Centre Opens in Chengdu, China

(IN BRIEF) Airbus has inaugurated its Airbus Lifecycle Services Centre (ALSC) in Chengdu, China, which offers comprehensive solutions to manage the entire lifecycle of an aircraft. This one-stop facility covers activities such as aircraft parking, storage, maintenance, upgrades, conversions, dismantling, … Read the full press release

Zurich Insurance Group’s CEO Mario Greco Named Insurance Leader of the Year 2023

(IN BRIEF) Zurich Insurance Group’s CEO, Mario Greco, has been honored with the prestigious Insurance Leader of the Year Award for 2023 by St. John’s University’s Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science. The award ceremony, … Read the full press release

easyJet Strengthens Partnership with CFM International by Ordering LEAP-1A Engines for Airbus A320neo Family

(IN BRIEF) Leading European carrier easyJet has placed an order with CFM International for CFM LEAP-1A engines to power its fleet of 157 Airbus A320neo family aircraft, including 56 A320neo and 101 A321neo, with deliveries expected to begin in 2029. … Read the full press release

Thales Partners with IIT Madras for Fourth Edition of Carbon Zero Challenge

(IN BRIEF) Thales, a global technology company, has continued its support for the Carbon Zero Challenge (CZC) organized by the Indian Institute of Technology (IIT) Madras as part of its corporate social responsibility (CSR) efforts in India. The CZC 4.0 … Read the full press release

AFRY Tops ENR’s Global Rankings in Pulp & Paper Engineering

(IN BRIEF) AFRY, a global engineering and design firm, has secured the top spot globally in Pulp & Paper engineering and design according to the Engineering News Record (ENR). In addition to its #1 rank in Pulp & Paper, AFRY … Read the full press release

Ricoh Unveils Cutting-Edge Technologies to Drive Innovation at FESPA 2024

(IN BRIEF) Ricoh, a global leader in printing and imaging solutions, is set to reveal groundbreaking technologies aimed at expanding opportunities and driving growth for textile creatives and large format print specialists at the FESPA Global Print Expo 2024. Among … Read the full press release

European Commission, EIB, and ESA Collaborate to Boost European Space Sector

(IN BRIEF) In a significant move, the European Commission, the European Investment Bank (EIB), and the European Space Agency (ESA) have signed a collaboration arrangement to strengthen the European space sector, with a particular focus on small and medium businesses … Read the full press release

CapMan Commits to Net-Zero by 2040 and Develops Nature-Positive Framework

(IN BRIEF) CapMan has pledged to achieve net-zero emissions by 2040, positioning itself a decade ahead of the global target, and is actively working to integrate sustainability within planetary boundaries. The firm will focus on achieving net-zero emissions in its … Read the full press release

NIB Becomes InvestEU Implementing Partner for Norway and Iceland, Expanding Lending Capacity

(IN BRIEF) In a significant development, the European Commission has signed an amendment to the InvestEU guarantee with the Nordic Investment Bank (NIB), making NIB the implementing partner for Norway and Iceland. This expansion broadens NIB’s lending capacity under the … Read the full press release

SEB Tops Prospera’s 2023 Institutional Banking Survey for Third Consecutive Year

(IN BRIEF) In the Prospera Institutional Banking 2023 survey, SEB has once again secured its position as the best bank in the Nordic region for the third consecutive year. The bank ranks first overall, as well as in Sweden and … Read the full press release

Europe’s Largest Solar Panel Gigafactory, 3Sun, Secures €560 Million to Boost Clean Energy Production

(IN BRIEF) 3Sun, a photovoltaic cell and module production gigafactory owned by Enel Green Power, has successfully obtained a substantial financial package of 560 million euros to expand its production capacity, making it the largest solar factory in Europe with … Read the full press release

Wienerberger Invests in eFriends to Promote Solar Energy and Decentralized Energy Sharing

(IN BRIEF) Wienerberger, a full-range provider of photovoltaic roof solutions, is investing in eFriends, a decentralized energy-sharing platform that allows users to share self-produced solar power in real-time via a mobile app. This initiative aligns with the EU’s goal to … Read the full press release

Outokumpu Completes Share Repurchase Program, Acquiring 195,429 Shares; Total Treasury Shares Now at 29,493,887

(IN BRIEF) On January 23, 2024, Outokumpu successfully concluded its share repurchase program, acquiring a total of 195,429 of its own shares across different trading venues at weighted average prices ranging from EUR 3.955 to EUR 3.9669 per share, resulting … Read the full press release

Thales Collaborates with Quantinuum to Launch PQC Starter Kit for Quantum-Resilient Encryption

(IN BRIEF) Thales, a global technology and security provider, has unveiled the PQC Starter Kit in partnership with Quantinuum, offering enterprises a groundbreaking solution to prepare for the era of Post-Quantum Cryptography (PQC). This kit provides a secure environment for … Read the full press release

Thales Recognized as a Top Employer for Young Canadians in 2024

(IN BRIEF) In the 2024 Canada’s Top 100 Employers competition, Thales has been acknowledged as a top employer for young Canadians. Thales is dedicated to nurturing the next generation of talent by offering co-op and internship opportunities, an expanding program … Read the full press release