Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Ericsson Achieves Perfect Score in 2023-2024 Corporate Equality Index, Earns Equality 100 Award for LGBTQ+ Inclusion

(IN BRIEF) Ericsson, a global telecommunications company, has been recognized by the Human Rights Campaign Foundation for its outstanding performance in the 2023-2024 Corporate Equality Index (CEI). Ericsson achieved a perfect score of 100 percent in this annual benchmarking survey, … Read the full press release

UniCredit Becomes First Pan-European Bank with Global EDGE Certification for Gender Equity and Inclusion

(IN BRIEF) UniCredit has achieved a significant milestone by becoming the first pan-European bank to receive Global EDGE Certification for its commitment to gender equity and inclusion. This recognition follows accelerated diversity and inclusion efforts by UniCredit’s banks in multiple … Read the full press release

Prof. Dr. Hans Hilgenkamp Appointed Scientific Director of UT’s MESA+ Institute

(IN BRIEF) The University of Twente’s Executive Board has appointed Prof. Dr. Ir. J.W.M. (Hans) Hilgenkamp as the new scientific director of the MESA+ institute, effective February 1, 2024. Hilgenkamp, a distinguished expert in applied physics and nanotechnology, will take … Read the full press release

Interreg Grants €1.2 Million to UT-Led BRIDGE Project for Cross-Border Healthcare Cooperation

(IN BRIEF) The European grant scheme Interreg has awarded over €1.2 million to the University of Twente (UT) research project BRIDGE, which is dedicated to cross-border healthcare cooperation. Scheduled to commence in spring 2024, BRIDGE aims to map ongoing initiatives, … Read the full press release

Ionic Mineral Technologies and ANDRITZ Partner to Revolutionize Lithium-ion Battery Materials Production

(IN BRIEF) Ionic Mineral Technologies (Ionic MT) has entered into a strategic partnership with ANDRITZ, an international technology group, to mass-produce critical battery materials for next-generation lithium-ion batteries. The collaboration aims to scale up Ionic MT’s nano-silicon production process to … Read the full press release

Outokumpu Acquires EUR 765,290 Worth of Its Own Shares in Buyback Program

(IN BRIEF) Finnish stainless steel manufacturer Outokumpu has concluded its share repurchase program, acquiring a total of 169,994 of its own shares across various trading venues at an average price of EUR 4.5 per share. The program, which had been … Read the full press release

Quantum-Resistant Cryptography Comes to 5G Networks: SK Telecom and Thales Lead the Way

(IN BRIEF) SK Telecom (SKT) and Thales are partnering to implement Post Quantum Cryptography (PQC) on 5G networks, enhancing user identity and privacy protection. This innovative solution, based on 5G standalone networks and 5G SIM technology, encrypts and decrypts subscriber … Read the full press release

Accenture to Empower McDonald’s Workforce with AI and Digital Skills

(IN BRIEF) McDonald’s and Accenture are expanding their partnership to leverage advanced technology and generative AI solutions across McDonald’s global restaurants, aiming to improve operations, enhance customer and employee experiences, and boost efficiency. The collaboration includes accelerating automation innovations from … Read the full press release

ABB Expands Partnership with Volvo Cars to Supply Over 1,300 Robots for EV Production

(IN BRIEF) ABB is expanding its partnership with Volvo Cars to supply more than 1,300 robots and functional packages for the production of electric vehicles (EVs). The collaboration aims to support Volvo Cars in achieving sustainability goals as the automotive … Read the full press release

Kalmar Bolsters Super Terminais’ Terminal Efficiency with Equipment Deal in Brazil

(IN BRIEF) Kalmar, part of Cargotec, will supply equipment and services to Super Terminais Ltd.’s Manaus terminal in northern Brazil. The order includes reachstackers, empty container handlers, terminal tractors, and a performance management tool, with delivery scheduled for Q3 2024. … Read the full press release

Entrevias Inaugurates Two New Sections of SP-333 Highway, Enhancing Mobility in São Paulo State

(IN BRIEF) Entrevias Concessionária de Rodovias, the operator of 570 kilometers of highways in São Paulo’s Ribeirão Preto and Marília regions, has officially opened two new sections of the SP-333 highway, known as Rodovia Rachid Rayes, spanning from km 337 … Read the full press release

INEOS Phenol Commences Production at Europe’s Largest Cumene Facility with a 50% Emission Reduction

(IN BRIEF) INEOS Phenol has initiated production at the largest Cumene facility in Europe, located in Marl, Germany. This state-of-the-art plant, with a production capacity of 750,000 tonnes, employs pioneering cumene technology combined with advanced heat integration to achieve a … Read the full press release

Breakthrough Discovery: New Proteins Enhance Botox Effectiveness in Medical Treatments

(IN BRIEF) Researchers at PSI have made a surprising discovery that could expand the medical applications of botulinum toxin A1, commonly known as Botox. They have developed antibody-like proteins called DARPins that unexpectedly accelerate the toxin’s impact on nerve signal … Read the full press release

BioNTech Inaugurates mRNA Vaccine Manufacturing Site in Rwanda, Aims to Boost Vaccine Equity in Africa

(IN BRIEF) BioNTech has achieved a significant milestone in expanding mRNA vaccine manufacturing in Africa with the inauguration of its Kigali site, which includes the first manufacturing unit known as BioNTainer. This move is part of BioNTech’s broader efforts to … Read the full press release

EQT to Acquire Zeus Company, Pioneering Medical Device Components Manufacturer

(IN BRIEF) EQT X fund has announced its acquisition of Zeus Company Inc., a pioneer in the design and production of fluoropolymer tubing for medical devices and select industrial applications. The acquisition aims to support Zeus’ continued growth as a … Read the full press release

GSK’s Dostarlimab Shows Positive Results in Endometrial Cancer Trial

(IN BRIEF) GSK plc has announced positive results from Part 2 of the RUBY/ENGOT-EN6/GOG3031/NSGO phase III trial, evaluating the use of Jemperli (dostarlimab) in combination with standard chemotherapy and as maintenance therapy for patients with primary advanced or recurrent endometrial … Read the full press release

TotalEnergies and Nigeria Strengthen Long-Term Partnership, Commit to Emissions Reduction

(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with Nigerian President Bola Ahmed Tinubu to reaffirm the enduring partnership between TotalEnergies and Nigeria. Over the past decade, TotalEnergies has been the largest private energy investor in Nigeria, with significant … Read the full press release

2Africa Subsea Cable Extends to Canary Islands, Enhancing Global Connectivity

(IN BRIEF) The world’s largest subsea cable system, 2Africa, has expanded to the Canary Islands, improving connectivity and providing additional capacity for global telecommunications services. In collaboration with Vodafone and the Council of Tenerife, the cable system landed on the … Read the full press release

BAE Systems and AMS Collaborate to Provide Artillery Systems Support in Ukraine

(IN BRIEF) BAE Systems and AMS Integrated Solutions Ltd have entered into an agreement to jointly offer specialized support for artillery systems used in Ukraine, particularly those produced by BAE Systems. This partnership aims to provide repair and support services … Read the full press release

Jörg Vocke Appointed CEO of Siemens Real Estate, Succeeding Zsolt Sluitner

(IN BRIEF) Effective from March 1, 2024, Jörg Vocke will take over as the new CEO of Siemens Real Estate (SRE), the real estate subsidiary of Siemens. Reporting directly to Ralf P. Thomas, Chief Financial Officer of Siemens AG, Vocke … Read the full press release