Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Accenture Partners with Bankdata to Modernize Capital Markets Platform in Denmark

(IN BRIEF) Accenture has entered into a multi-year agreement with Bankdata, a major fintech company in Denmark and the Nordic region, to transform and migrate its capital markets platform to the cloud. Bankdata will utilize Accenture’s Applied Technology and Operations … Read the full press release

Accenture Strengthens Regional Creative Capabilities with Rabbit’s Tale Acquisition in Thailand

(IN BRIEF) Accenture, a global technology and consulting company, is set to acquire Rabbit’s Tale, a renowned Bangkok-based creative and digital experience agency. This strategic move aims to bolster the creative, brand, and data capabilities of Accenture Song, the world’s … Read the full press release

AstraZeneca Showcases Hematology Advancements and Calquence’s Long-Term Efficacy at ASH Annual Meeting

(IN BRIEF) AstraZeneca is set to unveil promising data at the 65th American Society of Hematology (ASH) Annual Meeting, highlighting its expanding hematology pipeline and the enduring effectiveness of Calquence in treating chronic lymphocytic leukemia (CLL). The presentation includes six-year … Read the full press release

TotalEnergies Invests £20 Million in Xlinks’ Ambitious Renewable Project to Power 7 Million UK Homes

(IN BRIEF) TotalEnergies, one of Europe’s largest energy companies, has invested £20 million to acquire a minority stake in Xlinks First Limited, a UK-based company that aims to develop a groundbreaking renewable energy project in Morocco. The project involves a … Read the full press release

Hydro Unveils Ambitious Plans for Greener Aluminium and Sustainable Growth

(IN BRIEF) Hydro, a leading global aluminium company, has announced its strategic direction for the coming decade, focusing on capturing opportunities in the growing demand for low-carbon aluminium. The company aims to achieve this by stepping up its efforts in … Read the full press release

Centrica and Mitsubishi Power Collaborate on Europe’s First Ammonia-Fired Power Plant in Ireland

(IN BRIEF) Centrica and Mitsubishi Power Europe have joined forces to explore the development of Europe’s inaugural ammonia-fired power generation facility at Bord Gáis Energy’s Whitegate CCGT power station in Cork, Ireland. This groundbreaking project aims to leverage low carbon … Read the full press release

Kuehne+Nagel Boosts Customs Brokerage Services with Acquisition of Farrow

(IN BRIEF) Kuehne+Nagel, a global logistics company, has announced its acquisition of Farrow, a renowned Canadian customs broker, as part of its growth strategy outlined in Roadmap 2026. Farrow, based in Windsor, Ontario, Canada, boasts a 112-year heritage and employs … Read the full press release

EDF Group Unveils Aggressive Carbon Reduction Targets and Commitment to COP28 Goals

(IN BRIEF) EDF Group, the world’s leading producer of electricity free from direct CO2 emissions, has reaffirmed its commitment to reducing its carbon footprint in alignment with UN guidelines ahead of COP28. The company, which pledged to contribute to carbon … Read the full press release

VDL’s New Generation Citea Electric Bus Exceeds Expectations in ‘the MaxiMile Challenge’

(IN BRIEF) VDL Bus & Coach’s new generation Citea electric bus has demonstrated remarkable performance in ‘the MaxiMile Challenge,’ surpassing expectations. The challenge aimed to validate the promises made regarding the new Citea, known for being an energy-efficient, 100% electric … Read the full press release

Serbian Railways Launch Comprehensive Governance and Performance Improvement Program with EBRD Support

(IN BRIEF) Serbian Railways Infrastructure JSC is embarking on a comprehensive program aimed at enhancing its corporate governance and operational efficiency, backed by the European Bank for Reconstruction and Development (EBRD) and donors. This initiative encompasses three technical assistance projects: … Read the full press release

Novartis Outlines ‘Pure Play’ Innovative Medicines Strategy and Focused R&D Pipeline at London Event

(IN BRIEF) Novartis, a leading pharmaceutical company, presented its ‘pure play’ innovative medicines strategy and focused Research and Development (R&D) pipeline at an event in London. The company’s CEO, Vas Narasimhan, emphasized Novartis’ transformation into an innovative medicines-focused firm, highlighting … Read the full press release

EBRD Invests €60 Million in M Plus Croatia for International Expansion in BPO Services

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has finalized an investment agreement with M Plus Croatia, a subsidiary of Mplus Group, a Croatian business specializing in business-process outsourcing (BPO) services provided to companies in 57 countries. The … Read the full press release

Eni and Open Energy Platform AG Secure Gas Flow Agreement to Bolster Energy Security in Italy and Switzerland

(IN BRIEF) Eni, an Italian multinational energy company, has entered into an agreement with Swiss firm Open Energy Platform AG (Open EP) to ensure the uninterrupted supply of gas to Switzerland and Italy, particularly in situations involving interruptions or significant … Read the full press release

Vodafone-WWF Partnership Celebrates One Year of Environmental Impact and Sustainable Choices

(IN BRIEF) The Vodafone and WWF partnership, initiated in November 2022, has marked its first-year milestone with the “One Million Phones for the Planet” campaign. Vodafone collected 210,000 used phones for responsible recycling and refurbishing during this period. This initiative … Read the full press release

NatWest Group Marks Giving Tuesday 2023 with Generous Contributions to Charity

(IN BRIEF) Giving Tuesday, a global day promoting generosity and giving, organized by the Chartered Institute of Fundraising, is set to focus on celebrating acts of generosity and encouraging participation in charitable activities. NatWest Group, a long-time participant in Giving … Read the full press release

Orange Receives 2023 Terra Carta Seal for Leadership in Sustainability Initiatives

(IN BRIEF) The Sustainable Markets Initiative has awarded Orange the 2023 Terra Carta Seal, recognizing the company’s commitment to creating a climate and Nature-positive future. Orange has demonstrated its success in implementing high-impact, large-scale sustainability projects aligned with the Sustainable … Read the full press release

European Investment Bank and Investitionsbank des Landes Brandenburg Celebrate 30 Years of Successful Partnership

(IN BRIEF) The European Investment Bank (EIB) and the Investitionsbank des Landes Brandenburg (ILB) marked nearly three decades of collaboration at the EIB’s Berlin office. Since 1995, they have joined forces to finance various regional projects in the German state … Read the full press release

Hexagon AB Nominates Annika Falkengren and Ralph Haupter as New Board Members

(IN BRIEF) Hexagon AB’s Nomination Committee has put forth the recommendation to appoint Annika Falkengren and Ralph Haupter as independent members of Hexagon’s Board of Directors at the Annual General Meeting (AGM) scheduled for April 29, 2024. Annika Falkengren, with … Read the full press release

Boehringer Ingelheim Leverages IBM’s AI Tech for Novel Antibody Development

(IN BRIEF) Boehringer Ingelheim and IBM have formed a partnership to expedite the discovery of novel candidate antibodies for therapeutic purposes. Boehringer will utilize IBM’s foundation model technologies, combining them with their proprietary data to enhance the antibody discovery process. … Read the full press release

Rheinmetall Secures Mid-Two-Digit Million Euro Contract for Electric Coolant Pumps in Euro 7 Emission Standards Market

(IN BRIEF) Rheinmetall, a major international tech enterprise, has been awarded a significant contract for electric coolant pumps by one of the world’s largest automakers. The contract, valued in the mid-two-digit million-euro range, strengthens Rheinmetall’s position in the emerging Euro … Read the full press release