Category Archives: Business

Business Press Releases & News distributed via EuropaWire

MTU Completes Preliminary Design of 1.2 MW Hydrogen-Electric Powertrain for Regional Aircraft

(IN BRIEF) MTU Aero Engines has finalized the preliminary design of the megawatt-class HEROPS hydrogen-electric powertrain, marking a critical milestone in scaling its Flying Fuel Cell™ technology. Coordinated by MTU under the EU’s Clean Aviation programme, the consortium has established … Read the full press release

eMoSys Motor Hits 600 kW at 96 Percent Efficiency as MTU Begins FFC Stack Manufacturing

(IN BRIEF) MTU Aero Engines has reached pivotal milestones in its Flying Fuel Cell™ development. The company completed the critical design review for its 600 kW electric powertrain and began manufacturing fuel-cell stacks in Munich. The eMoSys electric motor achieved … Read the full press release

New GEA Bake Extruder Delivers Up to 350 Cuts/Min and Modular Flexibility at IBA 2025

(IN BRIEF) GEA has introduced the Bake Extruder at IBA 2025, a versatile, high-speed system for medium-to-large biscuit producers. The modular extruder handles wirecut, co-extruded, filled, and continuous products, delivering up to 350 wirecut strokes per minute or as many … Read the full press release

Dassault Systèmes, Université de Moncton and Opportunities New Brunswick Unite with Dieppe, Moncton and Regional Partners on Virtual Twin Urban Planning Project

(IN BRIEF) Dassault Systèmes and the Université de Moncton have begun a six-month pilot to address housing, urban density, and conservation in southeastern New Brunswick. Using the 3DEXPERIENCE platform, they will create a 1,000 km² virtual twin of Dieppe and … Read the full press release

TotalEnergies to Produce Over 500,000 Tonnes of Sustainable Aviation Fuel Annually by 2028

(IN BRIEF) TotalEnergies is ramping up its sustainable aviation fuel (SAF) capacity to over 500,000 tonnes per year from 2028—enabling us to supply more than 10% of our European jet-fuel volumes, outpacing the 6% mandate for 2030. Key investments include … Read the full press release

New 25% Interest in 40 U.S. Federal Leases Bolsters TotalEnergies’ Low-Carbon Exploration Strategy

(IN BRIEF) TotalEnergies has agreed to purchase a 25% interest in 40 Chevron-operated federal leases in the U.S. Outer Continental Shelf, covering about 1,000 km² across Walker Ridge, Mississippi Canyon, and East Breaks. This move expands TotalEnergies’ low-carbon, cost-efficient exploration … Read the full press release

New Leica DS4000 Locator Unveils Hidden Pipes and Cables Up to 60% Deeper

(IN BRIEF) Hexagon’s Leica Geosystems division has launched the Leica DS4000, a utility locator that reaches up to 60% deeper than traditional systems thanks to IDS GeoRadar’s Equalised Scrambling Technology. The system enhances subsurface imaging—spotting small-diameter utilities like fibre-optic lines—and … Read the full press release

SSAB and Volvo Cars Partner to Recycle Automotive Steel Scrap for Fossil-Free Production

(IN BRIEF) SSAB will purchase high-quality automotive steel scrap from Volvo Cars’ Olofström facility, with deliveries beginning in 2026 and reaching full volume in 2027. The scrap will be processed in SSAB’s new electric arc furnace at the Oxelösund mill, … Read the full press release

New TÜV Rheinland–PECB Alliance Brings World-Class Cybersecurity and Data Governance Courses to Professionals

(IN BRIEF) TÜV Rheinland Academy has forged a partnership with PECB to deliver comprehensive digital trust training throughout the Asia-Pacific region and beyond. The joint program will cover key areas such as cybersecurity, data protection, risk and compliance management, and … Read the full press release

Pearson Expands Career-Readiness Solutions with eDynamic Learning Acquisition

(IN BRIEF) Pearson has agreed to purchase eDynamic Learning, a leading provider of digital CTE curricula, to expand its Early Careers portfolio. eDynamic Learning serves 885,000 K–12 students across 9,000+ institutions and offers 325 courses in over 40 career pathways … Read the full press release

Thales Warns of Sixfold Surge in Ransomware Strikes on Aviation Ahead of Paris Air Show

(IN BRIEF) Thales’s latest report, released just before the Paris Air Show, documents a 600% rise in ransomware attacks on the aviation industry between January 2024 and April 2025. Analysts recorded 27 major incidents by 22 ransomware groups, with 71% … Read the full press release

CACEIS Ireland Taps ETF Veteran Eamonn O’Callaghan to Head New Product Line

(IN BRIEF) CACEIS Ireland appointed Eamonn O’Callaghan as ETF Group Product Manager on 9 June 2025. Eamonn brings 25 years of ETF experience—most recently as Head of European ETF Product at Brown Brothers Harriman—and academic credentials in IT for Strategic … Read the full press release

BioNTech to Acquire CureVac in $1.25 Billion All-Stock Deal, Boosting mRNA Oncology Portfolio

(IN BRIEF) BioNTech agreed to buy CureVac in an all-stock deal valuing CureVac at ~$1.25 billion, exchanging each share for $5.46 in BioNTech ADSs—a 55% premium to its recent stock price. The merger, expected to close in 2025, strengthens BioNTech’s … Read the full press release

Hexagon Expands Geosystems Division with APEI Acquisition to Meet Growing Demand for High-Resolution Aerial Data

(IN BRIEF) Hexagon AB will acquire French aerial-mapping firm APEI—operator of a private survey aircraft fleet across Europe and Africa—to expand its geospatial content capabilities. APEI’s longstanding partnership with Hexagon includes contributions to the Hexagon Content Program and HxDR platform. … Read the full press release

BAM Powers Princess Alexia Viaduct Project with On-Site Electric Charging Hub

(IN BRIEF) BAM Infra Nederland has established an on-site electric charging station—fed by a Stedin 23 kV supply—to power battery-electric construction equipment for the Princess Alexia Viaduct on Maasvlakte 2. The move fulfills sustainable tender criteria, enabling emission-free operation of … Read the full press release

Five-Year Grant Secures After-School and Holiday Care at Heriot Country Kids

(IN BRIEF) Heriot Country Kids has been awarded a five-year grant from the Carcant Wind Farm Community Fund to fund a Lead Practitioner, securing its wraparound childcare provision. The club supports 18 families monthly—benefiting around 100 individuals annually—and is celebrated … Read the full press release

New SGS Service Empowers Food Operators with Global Food-Waste Certification

(IN BRIEF) SGS has launched The PLEDGE on Food Waste Certification—a third-party audited program aligned with UN SDG 12.3—to help food service providers cut waste, improve efficiency, and showcase sustainability leadership. The service includes gap assessments, customized onboarding, global audit … Read the full press release

SGS Partners with The PLEDGE on Food Waste to Certify Sustainability in Food Service

(IN BRIEF) SGS has partnered with The PLEDGE on Food Waste to offer certification and independent audits to food service providers under a framework of seven pillars and 95 criteria that address every step from procurement to disposal. This initiative … Read the full press release

WinGD to Power Trafigura’s New Ammonia-Fuelled Gas Carriers with X-DF-A Engines

(IN BRIEF) WinGD will provide four six-cylinder 6X52DF-A ammonia-fuelled engines—each with high-pressure SCR—to power 45,000 m³ medium gas carriers being built by HD Hyundai Mipo for Trafigura. The order highlights ammonia’s growing role in decarbonizing shipping. X-DF-A engines have demonstrated … Read the full press release

New Fincantieri-PMM Collaboration Enhances Indonesia’s Underwater Defense and Industrial Sovereignty

(IN BRIEF) At the Indo Defence Expo & Forum in Jakarta on 12 June 2025, Fincantieri and Indonesian systems integrator PT PRIMA MAJU MAPAN (PMM) signed a Technical Collaboration Agreement. The partnership will co-develop and deploy advanced technologies to protect … Read the full press release