Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Scania Implements Mandatory Green Purchasing Requirements to Drive Supply Chain Decarbonization

(IN BRIEF) Scania, a leader in the transportation industry, has announced a significant step in its commitment to sustainability by making its supply chain decarbonization target mandatory for purchasing requirements. The company aims to transform its supply chain by targeting … Read the full press release

Unique Fusion of Science and Music Sells Out Arlington Baths Club in Glasgow

(IN BRIEF) The “Swimming with Gravitational Waves” event, held at Glasgow’s Arlington Baths Club, achieved a sold-out success as all 180 tickets for the unique fusion of science and music were purchased in advance. Organized in collaboration with physicists from … Read the full press release

HackaTUM 2023: Students Innovate Solutions for Practical Problems in Eighth Annual Hackathon

(IN BRIEF) The eighth edition of the annual “hackaTUM” hackathon, organized by the TUM School of Computation, Information, and Technology (CIT), recently took place, drawing participation from students across 75 universities spanning three continents. With a focus on addressing practical … Read the full press release

Thales to Equip French Navy’s New Offshore Patrol Vessels with Advanced Sensor Suite

(IN BRIEF) Thales has secured a contract to provide the French Navy with state-of-the-art sensor technology for its upcoming offshore patrol vessels (OPVs). The suite, comprising Bluewatcher sonar, NS50 radar, and an IFF identification system, will enhance the OPVs’ operational … Read the full press release

Berlin’s SCALE Office Complex Welcomes BASF Services Europe’s Modern Workspace

(IN BRIEF) BASF Services Europe GmbH has opened a new service Hub in Berlin, occupying 15,000 square meters across eight floors in the SCALE office complex in the Prenzlauer Berg district. This hub will serve approximately 2,800 employees, providing business … Read the full press release

Vienna Stock Exchange’s “Wiener Börse Punsch” Supports Education Initiative with Generous Donation

(IN BRIEF) Vienna’s annual “Wiener Börse Punsch” event, a long-standing tradition for the Austrian financial community, continued its charitable tradition by supporting the “START-Stipendien” education and integration initiative. The event, in its 21st edition, saw over 600 guests gather at … Read the full press release

Planning Consultancy Savills Expands Brighton Office Due to Increased Demand

(IN BRIEF) Savills Planning, a planning and development consultancy firm, has expanded its Brighton office to accommodate its growing team and services. The company opened its Brighton office in 2019 and has since outgrown its previous space. The team, now … Read the full press release

Sports Brand PUMA Chooses Maersk’s Rijeka Facility for Faster Deliveries

(IN BRIEF) Maersk has welcomed sports brand PUMA as its second customer at its warehouse near Rijeka, Croatia, which became operational in July 2023. PUMA’s first shipments were efficiently handled at the modern 12,000 sqm warehouse, located close to the … Read the full press release

DNV, Siemens Energy, and Industry Leaders Launch Joint Project to Enhance Sustainability of Power Transformers

(IN BRIEF) DNV, in partnership with Siemens Energy and major industry players, has initiated a Joint Industry Project (JIP) aimed at improving the sustainability, reliability, and environmental responsibility of power transformers, critical components of the energy infrastructure. The project responds … Read the full press release

Infineon-Led PROGRESSUS Project Achieves Breakthroughs in Green Energy Management and EV Charging Infrastructure

(IN BRIEF) Infineon Technologies AG, in collaboration with 22 project partners, has successfully concluded the PROGRESSUS research project, focusing on efficient energy conversion, intelligent electricity management, and secure network monitoring. With support from the Electronic Components and Systems for European … Read the full press release

SAE International Adopts MAHLE’s Positioning System as Global Standard for Wireless EV Charging

(IN BRIEF) MAHLE, a leading automotive technology company, has developed a groundbreaking positioning system, known as the Differential Inductive Positioning System (DIPS), for wireless charging of electric vehicles (EVs). This innovative technology automatically aligns an EV precisely above the charging … Read the full press release

EBRD Invests €20 Million in Bank Pekao’s Debut Green Eurobond Issuance to Support Sustainable Finance in Poland

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has committed €20 million to participate in the debut Eurobonds issued by Bank Polska Kasa Opieki, commonly known as Bank Pekao, as part of its €500 million public placement of … Read the full press release

EBRD Lends €200 Million to Naftogaz for Strategic Gas Reserves, Bolstering Ukraine’s Energy Security Amidst Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €200 million loan to Ukraine’s state-owned gas entity, Naftogaz (NAK), to support the establishment of strategic gas reserves during the second winter heating season since the Russian … Read the full press release

EBRD and Clean Technology Fund Partner with ING Türkiye to Boost Green Investments and Women-Led SMEs with €100 Million Financing Package

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF) are joining forces to provide a €100 million financing package to ING Türkiye and ING Leasing in Türkiye, aiming to support green investments and … Read the full press release

ENGIE’s North American Subsidiary Chooses Vestas Turbines for 270 MW Wind Project

(IN BRIEF) Vestas has secured a 270 MW order to supply 60 V163-4.5 MW wind turbines for an undisclosed wind project owned by an ENGIE North America subsidiary in the USA. The order includes turbine supply, delivery, and commissioning, along … Read the full press release

Plenitude and Saipem Collaborate to Install 1 MWp Solar System, Advancing Energy Efficiency and Sustainability Goals

(IN BRIEF) Plenitude (Eni) and Saipem have entered into an agreement to install a 1 MWp photovoltaic system at Saipem’s offices in Fano, Italy. The system is expected to generate over 1,000 MWh of solar power annually, meeting a significant … Read the full press release

Vodafone Foundation and University of Patras Collaborate to Map and Protect Vital Posidonia Seagrass Meadows

(IN BRIEF) Vodafone Foundation Greece, in partnership with the Oceanus Lab at the University of Patras, has initiated the Vodafone Posidonia program to map and safeguard the crucial Posidonia seagrass meadows off the Greek coast. These underwater meadows, often referred … Read the full press release

Vodafone, Ericsson, and Qualcomm Successfully Test RedCap Technology, Paving the Way for Efficient IoT Devices on 5G Networks

(IN BRIEF) Vodafone, Ericsson, and Qualcomm Technologies have achieved a successful test of RedCap, a new radio and chipset technology designed to enable the connection of numerous low-cost, energy-efficient devices to high-speed 5G networks. RedCap is a software enhancement that … Read the full press release

Ericsson Issues €500 Million Green Bond to Advance Energy Efficiency

(IN BRIEF) Ericsson, a leading communications technology company, has successfully issued a €500 million green bond with a 4.5-year maturity. The bond, part of Ericsson’s Euro Medium Term Note Program (EMTN), will fund investments in energy efficiency. Ericsson’s CFO, Carl … Read the full press release

ANDRITZ to Equip Ebensee Pumped Storage Plant, Advancing Green Energy Goals

(IN BRIEF) International technology group ANDRITZ has received an order from Energie AG to supply equipment for the new Ebensee pumped storage power plant in Austria. This project, the largest investment by the utility, aims to enhance energy sustainability by … Read the full press release