Category Archives: Business

Business Press Releases & News distributed via EuropaWire

T-Systems Becomes Premium Supplier for RISE with SAP, Offering Cloud Transformation Solutions

(IN BRIEF) T-Systems, a prominent IT services provider, has been designated as a premium supplier for “RISE with SAP,” becoming the first SAP partner in Germany to offer a comprehensive suite of services, including infrastructure, technical managed services, business transformation, … Read the full press release

Barco Unveils ClickShare Bar, Revolutionizing Video Conferencing in Meeting Rooms

(IN BRIEF) Barco, a leading player in meeting room technology, has introduced the ClickShare Bar, an innovative video bar designed for small to medium-sized meeting rooms. This all-in-one device combines high-quality audio and video capabilities, offering a seamless wireless conferencing … Read the full press release

Ahlstrom Invests in Molecular Filtration Media Production Line to Enhance Air Quality Solutions

(IN BRIEF) Ahlstrom is reinforcing its position as a leader in the global filtration industry by investing in a new production line for molecular filtration media in Turin, Italy. With a focus on improving air quality in closed environments like … Read the full press release

Ahlstrom Introduces PureLid™: Innovative Fiber-Based Lid for Sustainable Coffee Capsules

(IN BRIEF) Ahlstrom, a leading provider of sustainable specialty materials, has unveiled PureLid™, a revolutionary fiber-based lid for single-serve coffee capsules aimed at supporting the coffee industry’s sustainability efforts. PureLid™ offers a high-performing, home-compostable alternative to aluminum or plastic lids … Read the full press release

Savills Appoints Olivia Sutcliffe to Bolster Social Value Team and Advance Community Impact

(IN BRIEF) Savills has welcomed Olivia Sutcliffe as an Associate in its Social Value team, reinforcing the firm’s commitment to expanding its Savills Earth services. Olivia, a recognized leader in social value, brings a wealth of experience, having previously served … Read the full press release

Infineon and Wolfspeed’s Prolonged Alliance Boosts Silicon Carbide Supply for Sustainable Solutions

(IN BRIEF) Infineon Technologies and Wolfspeed, Inc. have announced the expansion and extension of their long-term 150mm silicon carbide wafer supply agreement. The partnership includes a multi-year capacity reservation agreement and aims to ensure a stable supply chain for silicon … Read the full press release

Saab Secures $101.7 Million Boeing Contract for T-7A Aft Fuselage Systems

(IN BRIEF) Saab has been awarded a contract worth USD 101.7 million by Boeing to manufacture T-7A aft fuselage systems. These systems will be produced at Saab’s advanced manufacturing facility in West Lafayette, Indiana. The contract follows the successful delivery … Read the full press release

Continental Leads Tire Industry in Sustainability with Innovative Technologies

(IN BRIEF) Continental, a leading international tire manufacturer, is at the forefront of sustainability in the industry. The company has integrated sustainable materials like recycled PET and rice husk ash silica from its Conti GreenConcept concept tire into its series … Read the full press release

Coordinated Action Targets Illegal Exports to Russia; Three Suspects Arrested

(IN BRIEF) Eurojust and Europol supported a joint operation by Dutch, German, Latvian, Lithuanian, and Canadian authorities targeting alleged violations of export sanctions to Russia. During the operation, three suspects were apprehended, and 14 locations were searched as part of … Read the full press release

Georgia’s Food Alliance Flourishes with EBRD and EU Support

(IN BRIEF) Food Alliance, a Georgian frozen pastry producer, has received support from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU) through the EU4Business-EBRD Credit Line in Georgia since 2017. This assistance includes modern equipment, … Read the full press release

Digi Communications N.V. Announces the release of the Financial Calendar for 2024

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(PRESS RELEASE) BUCHAREST, Romania, 23-Jan-2024 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) would like to inform its investors and the market that the Financial Calendar for 2024 is available on the official website: www.digi-communications.ro (Investor Relations Section/Financial … Read the full press release

ASSA ABLOY’s South African Security Market Footprint Expands with Amecor Deal

(IN BRIEF) ASSA ABLOY, a global security solutions provider, is set to acquire Amecor (Pty) Ltd, a South African manufacturer specializing in security communication equipment. The acquisition aims to strengthen ASSA ABLOY’s presence in the South African security market and … Read the full press release

EDF Pulse Ventures Backs Spotr’s €4.5 Million Funding for Property Data Revolution

(IN BRIEF) Spotr, a Dutch AI-powered property data platform, has secured €4.5 million in funding from EDF Pulse Ventures and existing investors to advance its mission of creating a vast image-driven property database. This funding will help Spotr address critical … Read the full press release

ING Achieves Milestone: Over 91% of Share Buyback Program Completed

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has reported progress in its €2.5 billion share buyback program, revealing that it repurchased 8,412,700 shares between January 15, 2024, and January 19, 2024, at an average price of €12.72, totaling €107,011,717.14. This is part of the … Read the full press release

BASF to Lead Battery Recycling Efforts for Iveco Group’s Electric Vehicle Fleet

(IN BRIEF) Iveco Group (EXM: IVG) has partnered with BASF (FWB: BAS), a leading global chemical company, to implement a recycling solution for lithium-ion batteries used in Iveco Group’s electric vehicles. This collaboration is in line with Iveco Group’s circular … Read the full press release

Savills Appoints Henry Godsal as Head of Investment Strategy and Asset Management in Cambridge

(IN BRIEF) Savills has expanded its team in Cambridge with the appointment of Henry Godsal as Head of Investment Strategy and Asset Management. Henry, who previously worked at Fineman Ross LLP as an equity partner, brings extensive experience in advising … Read the full press release

M&S Food Invests in Value with Price Cuts and Locks Prices on Customer Favorites

(IN BRIEF) M&S Food is making an investment in value by reducing prices on over 200 products, including 65 with an average reduction of 6%. Popular items like baked beans, instant coffee, and rice are among those receiving price cuts. … Read the full press release

Windward Offshore Expands Order for Hybrid CSOVs from Vard

(IN BRIEF) The Windward Offshore consortium has exercised options to expand its contract with Vard, a subsidiary of the Fincantieri group, for the design and construction of two additional hybrid Commissioning Service Operation Vessels (CSOVs), bringing the total to four … Read the full press release

BioNTech and DualityBio Initiate Phase 3 Trial for HER2-Targeting ADC in Metastatic Breast Cancer

(IN BRIEF) BioNTech and Duality Biologics have announced the commencement of a pivotal Phase 3 trial for BNT323/DB-1303, a next-generation antibody-drug conjugate (ADC) targeting the Human Epidermal Growth Factor Receptor 2 (HER2) in metastatic breast cancer. The trial will enroll … Read the full press release

Expeditio Architects Empowers Sustainable Urban Development with Innovative Online Portal

(IN BRIEF) Expeditio Architects, an organization based in Montenegro, is pioneering sustainable spatial development projects, emphasizing civil society, architecture, urban planning, energy efficiency, and cultural heritage. With support from Sweden, they launched Archylab, an interactive portal aimed at educating architects … Read the full press release