Category Archives: Business

Business Press Releases & News distributed via EuropaWire

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

Beyond EPICA Project’s Third Ice Core Drilling Season Begins in Antarctica

(IN BRIEF) The Beyond EPICA 23/24 team has initiated the third drilling season at Little Dome C in Antarctica, located near the Concordia Station. This international research project, led by the Institute of Polar Sciences of the National Research Council … Read the full press release

Lightsource bp Invites Small Buyers to Join Multi-Buyer Solar PPA in Spain

(IN BRIEF) Lightsource bp is facilitating a European multi-buyer corporate power purchase agreement (PPA) for a solar asset portfolio set to be built in Spain in 2024. The global solar developer, with over 35GW of solar projects in development worldwide, … Read the full press release

Infineon Expands CoolMOS CFD7A Line with QDPAK Package for Enhanced EV Charging Efficiency

(IN BRIEF) Infineon Technologies AG is extending its 650 V CoolMOS™ CFD7A series by introducing the QDPAK package to meet the growing demand for efficient and high-performance power electronics in electric vehicle (EV) charging systems. The QDPAK package offers equivalent … Read the full press release

VINCI Highways Invests in Climate Resilience: Enhancing Lima’s Expressways to Mitigate El Niño Flooding

(IN BRIEF) VINCI Highways, operating through its subsidiary Lima Expresa, is undertaking infrastructure improvements to enhance the resilience of two expressways in Lima, Peru. The project aims to mitigate the risk of flooding, especially during the El Niño phenomenon. The … Read the full press release

Grupa Azoty Receives Certifications for Biodegradable Polymer Granules

(IN BRIEF) Grupa Azoty S.A. has achieved certifications confirming the biodegradability and compostability of their envifill® granules line, a polymer line designed for disposable items. The OK compost Industrial certificate verifies that products made from these granules can undergo industrial … Read the full press release

Chinese Medical Device Manufacturer Ezisurg Receives MDR Certification for Powered Endoscopic Stapler from TÜV Rheinland

(IN BRIEF) TÜV Rheinland, an international third-party testing, inspection, and certification services provider, has awarded Ezisurg Medical Co., Ltd. its first MDR (Medical Device Regulation) certificate of conformity in Greater China for its “Disposable Powered Endoscopic Stapler and Cartridge.” This … Read the full press release

Thales Awarded Royal Australian Navy Maritime Sustainment Contract, Generating Local Jobs and Opportunities

(IN BRIEF) Thales has been selected as the Royal Australian Navy’s (RAN) Maritime Sustainment contract partner, serving as the Regional Maintenance Provider East (RMP-E) at Garden Island Defence Precinct (GIDP) in Sydney, New South Wales. The contract is expected to … Read the full press release

Executives Embrace Sustainability as Climate Disasters Drive Business Case, but Investment Remains Key, Capgemini Report Finds

(IN BRIEF) A new report from the Capgemini Research Institute, titled ‘A World in Balance 2023,’ reveals a significant shift in executive perceptions of the business case for sustainability, with three times more executives now recognizing its importance compared to … Read the full press release

Study Links Higher Consumption of Ultra-Processed Foods to Elevated Risk of Upper Aerodigestive Tract Cancers

(IN BRIEF) A study led by researchers from the University of Bristol and the International Agency for Research on Cancer (IARC) has found an association between increased consumption of ultra-processed foods (UPFs) and a higher risk of developing cancers of … Read the full press release

Barco Announces Full Acquisition of Cinionic’s Premium Cinema Solutions Business, Strengthening Global Cinema Industry Presence

(IN BRIEF) Barco, a prominent player in the global cinema industry, has finalized an agreement to fully acquire Cinionic’s premium cinema solutions business in collaboration with China Film Equipment Co., Ltd. (CFEC). This strategic move underscores Barco’s commitment to the … Read the full press release

University of York Unveils CoSTAR LiveLAB, Pioneering Innovations in Live Performance Technology

(IN BRIEF) The University of York is spearheading the advancement of live events with the introduction of the CoSTAR LiveLAB, an innovative research and development facility situated at Production Park in Wakefield. Part of the £75.6 million UK R&D network … Read the full press release

University of Liverpool Study Advocates for National Database to Monitor Drug-Related Incidents at UK Music Festivals

(IN BRIEF) A study led by the University of Liverpool is urging the implementation of a national database to track drug-related medical incidents at UK music festivals. The lack of standardized reporting processes and data accessibility has made it challenging … Read the full press release

CRH Announces Agreement to Sell European Lime Operations to SigmaRoc for $1.1 Billion

(IN BRIEF) CRH plc, a leading provider of building materials solutions, has revealed plans to divest its lime operations in Europe to SigmaRoc plc for approximately $1.1 billion, pending customary conditions and regulatory approvals. The divestment includes 16 operating locations … Read the full press release

Michelin and French Trade Unions Sign Pact to Enhance Employee Mobility and Support

(IN BRIEF) Michelin, the tire manufacturing giant, has entered a collaborative agreement with trade unions in France to enhance the career development of its 16,000 employees in the country. The three-year deal focuses on promoting internal mobility, offering personalized support … Read the full press release

ISID and AVL Forge Innovative Partnership to Revolutionize Manufacturing Processes

(IN BRIEF) In a groundbreaking collaboration, Information Services International-Dentsu (ISID) and AVL, headquartered in Tokyo and Graz, Austria, respectively, have joined forces to reshape product development in the manufacturing industry. Their shared mission is to offer advanced digital solutions and … Read the full press release

Skanska Affirms Financial Targets at Capital Markets Day in London

(IN BRIEF) Skanska, a construction and development company, reaffirmed its existing financial targets during its Capital Markets Day in London. The Group President and CEO, Anders Danielsson, provided an update on the business strategy and commercial direction moving forward. Skanska … Read the full press release

BMT and Strategic Marine Form Partnership to Advance Sustainable Offshore Wind Crew Vessels

(IN BRIEF) BMT has entered into a Long-Term Agreement (LTA) with Singapore-based Strategic Marine, aiming to drive the offshore wind crew vessel industry toward greater sustainability. This partnership will focus on enhancing the StratCat range of Crew Transfer Vessel (CTV) … Read the full press release

Marloes van Kooten to Take Over as Managing Director Purchasing at Witt Group

(IN BRIEF) Marloes van Kooten will be joining the Witt Group management team on March 1, 2024, with plans to succeed Stefanie Zühlke-Schmidt as Managing Director Purchasing on September 1, 2024, following a six-month onboarding period. Marloes brings over 30 … Read the full press release