Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Nokia Powers O2 Czech Republic as Nation’s First 5G Standalone Core Operator

(IN BRIEF) Nokia has supplied its cloud-native 5G Standalone Core software to O2 Czech Republic, making it the nation’s first operator to launch 5G SA. The deployment includes Nokia’s Packet Core solution, enabling network slicing, ultra-low latency, multi-cloud flexibility, enhanced … Read the full press release

Nokia and Elisa Extend Partnership with 5.5G-Ready AirScale and Cloud Core Upgrades

(IN BRIEF) Nokia has secured a four-year extension with Elisa to equip Estonia and Finland with Advanced 5G-ready networking. The agreement covers: (1) AirScale RAN enhancements—Habrok 32 Massive MIMO, Pandion radios, Tuuli 26e, Ponente, Lodos, Levante basebands, and Dual Boost … Read the full press release

Nokia Boosts 7705 SAR and 7250 IXR with Quantum-Safe Security and 400 GE Scalability for Smart Grids

(IN BRIEF) Nokia has upgraded its 7705 SAR and 7250 IXR routers for utilities adopting smart grid architectures, adding advanced quantum-safe MACsec encryption, precise IEC 61850-based synchronization, and scalable 100 GE/400 GE capacity. These enhancements ensure compatibility with legacy SCADA … Read the full press release

Sika Unveils End-to-End Solutions to Accelerate Hyperscale and Edge Data Center Builds

(IN BRIEF) Sika described its integrated suite of construction solutions in Dallas, highlighting its track record of over 1,000 data centers built and a strong future pipeline. Global data center spending is expected to top CHF 400 billion by 2028, … Read the full press release

EY and NVIDIA Launch AI-Driven Platform to Revolutionize Third-Party Risk Management

(IN BRIEF) EY.ai for Risk is a new suite of AI-powered risk management tools developed in partnership with NVIDIA. Combining NVIDIA NIM microservices and EY’s 100+ years of risk expertise, the solution runs on the EY.ai agentic platform to streamline … Read the full press release

Swiss Re SONAR 2025 Flags Extreme Heat as Top Emerging Risk with Half-Million Annual Deaths

(IN BRIEF) Swiss Re’s 2025 SONAR report identifies extreme heat as a leading emerging risk, attributing up to 500,000 deaths annually to heatwaves—more than floods, quakes, and hurricanes combined. The report traces rising severity and duration of heat events, notes … Read the full press release

Eurojust Backs Romania and Moldova in Major Phishing Fraud Money-Laundering Crackdown

(IN BRIEF) Eurojust coordinated a major cross-border operation in Romania and Moldova against a phishing fraud network that had been active since at least 2013. In joint actions today, authorities searched 44 locations, targeting the subgroup responsible for opening fraudulent … Read the full press release

SAMS Unites Industry, Regulators, and Researchers for Intensive Salmon Aquaculture Week

(IN BRIEF) During the first week of June, SAMS in Oban hosted a concentrated programme of events for the salmon aquaculture sector, including a sea lice detection workshop under the BBSRC-funded E(tive)lice project, a visit from Norway’s Seafood Research Fund, … Read the full press release

Eviden’s XMC1 Ethernet Module Delivers DO-254 DAL A-Ready, Multi-Protocol Protection for Secure Data Environments

(IN BRIEF) Eviden, part of the Atos Group, has launched the XMC1 Ethernet switch card—a French-designed, sovereign solution for mission-critical networks that employs a protocol break to guarantee data security and operational independence. Manufactured at Eviden’s Aix-en-Provence site, the card … Read the full press release

Kissflow Doubles Down on Germany as a Strategic Growth Market with New AI Features and Enterprise Focus

(IN BRIEF) Kissflow is strategically expanding into Germany—Europe’s innovation-driven manufacturing powerhouse—by offering its intuitive low-code/no-code platform that empowers both IT teams and “citizen” developers to rapidly automate workflows, digitize processes and harness real-time data. Recognizing Germany’s booming digital transformation in … Read the full press release

EIB Triples Defence SME Financing to €3 Billion with First Deutsche Bank Partnership

(IN BRIEF) The EIB is tripling its intermediated lending for European defence-industry suppliers from €1 billion to €3 billion. It has signed an inaugural €500 million loan agreement with Deutsche Bank, which will provide €1 billion in credit lines to … Read the full press release

Kapsch TrafficCom AG Relinquishes Control of Belarus Toll Operator, Retains Economic Stake

(IN BRIEF) Kapsch TrafficCom AG has reduced its stake in Kapsch Telematic Services IOOO (Belarus) to below 50%, deconsolidating the toll-system operator and ceasing revenue recognition from its results. Although control has been relinquished, the transaction’s structure ensures Kapsch TrafficCom … Read the full press release

Scila Risk Replaces Legacy Systems at KGI, Enabling Real-Time Multi-Asset Risk and Collateral Optimization

(IN BRIEF) KGI Securities Singapore has launched Scila Risk—a unified multi-asset risk management platform—to replace its separate equities and derivatives systems. The solution provides real-time exposure calculations, collateral optimization, and scenario analysis for equities, derivatives, and FX. CEO Ken Ong … Read the full press release

BayWa Agrees to Sell Cefetra to First Dutch, Cutting Over €650 Million of Bank Debt

(IN BRIEF) BayWa AG has agreed to sell Cefetra to Peter Goedvolk’s First Dutch, subject to regulatory approval, trimming its bank debt by over €650 million. Combined with a €500 million liability reduction from Raiffeisen Ware Austria shares earlier in … Read the full press release

Intesa Sanpaolo Introduces CO₂ Mitigation Solutions to Drive Corporate Decarbonisation and Carbon Offsetting

(IN BRIEF) Intesa Sanpaolo has unveiled CO₂ Mitigation Solutions, a new service enabling businesses to calculate their carbon footprint, set science-based reduction targets, implement decarbonisation measures, and purchase certified carbon credits. The initiative—crafted by the Banca dei Territori Division and … Read the full press release

Uniper and Energiekontor Break Ground on 46.2 MW East Ayrshire Wind Farm to Power 66,000 Homes

(IN BRIEF) Uniper and Energiekontor UK have launched construction on a 46.2 MW wind farm in East Ayrshire, Scotland, capable of powering over 66,000 homes. Approved in 2022 and revised in 2024, the seven-turbine project starts building in 2027 and … Read the full press release

Bundeswehr Provider Orders Mid-Three-Digit Fleet of Mercedes-Benz Arocs 6×6 Trucks

(IN BRIEF) BwFuhrparkService GmbH has awarded Daimler Truck a contract for a mid-three-digit number of Mercedes-Benz Arocs 6×6 logistics trucks, set for delivery by May 2026. These Euro VI vehicles, featuring a ten-ton payload, 0.9 m water fording, and all-wheel … Read the full press release

Daimler Truck Poland Opens Nadarzyn Training Center and Launches 75 Actros L ProCabin Demo Trucks

(IN BRIEF) Daimler Truck Poland has opened its modern Truck Training Center in Nadarzyn, near Warsaw, featuring theory rooms, an e-learning lab, and a large service hall. The 700 m² facility—formerly a TruckStore location—is strategically positioned on the S8 highway … Read the full press release

Wolters Kluwer TAA’s Jason Marx Wins CEO Pinnacle Awards as Division Sweeps Global Tax & Accounting Honors

(IN BRIEF) In the first half of 2025, Wolters Kluwer Tax and Accounting amassed numerous global awards for its pioneering products and leadership. CEO Jason Marx was honored with both National and Enterprise CEO Pinnacle Awards for his strategic vision, … Read the full press release

Wolters Kluwer’s CCH Tagetik Intelligent Platform Wins 2025 People’s Choice Stevie® Award for AI-Financial Innovation

(IN BRIEF) Wolters Kluwer’s CCH Tagetik Intelligent Platform won the 2025 People’s Choice Stevie® Award for Favorite New Product in the AI – Financial category. As the first AI-powered corporate performance management solution, CCH Tagetik—anchored by its “Ask AI” super … Read the full press release