Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Bang & Olufsen Elevates Copenhagen Fashion Week with Signature Sound Partnership

(IN BRIEF) Bang & Olufsen has been named the official sound partner of Copenhagen Fashion Week for Spring/Summer 2026, providing its acclaimed audio systems—from Beolab 28 and 50 speakers at the opening dinner to a Beogram 3000c listening lounge—across flagship … Read the full press release

METLEN Secures Euro-Denominated Primary Listing on LSE, Becomes Dual-Listed Entity

(IN BRIEF) METLEN Energy & Metals Plc has achieved a significant corporate milestone by listing its shares on the London Stock Exchange (ticker: MTLN) following a voluntary share exchange offer that saw over 90% participation. Evangelos Mytilineos, METLEN’s Chairman & … Read the full press release

Swedish Banking Giants Sustain Capital Strength Amid Simulated 2025–27 Downturn

(IN BRIEF) The EBA’s 2025–27 stress test, involving 64 major EU and Norwegian banks, simulated a recession driven by geopolitical tensions and protectionist disruptions to supply chains, which would elevate commodity and energy prices, inflation, and interest rates while curbing … Read the full press release

As Brands React to US Tariffs, CommerceIQ Offers Data-Driven Insights for Expansion Into European Markets

(IN BRIEF) CommerceIQ, an AI-driven digital commerce platform serving over 1,400 retailers globally, has launched new Europe-focused capabilities—part of its AllyAI suite of agent-based AI teammates—to help U.S. brands mitigate domestic economic uncertainty and accelerate international growth. The platform’s Amazon … Read the full press release

BAE Systems and Kongsberg Forge New Air-Domain Partnership Following Maritime MoU

(IN BRIEF) Following a May 2025 MoU focused on Maritime domain cooperation—including vessel support, strike missiles, surveillance systems, and frigate deliveries—BAE Systems and Kongsberg signed a secondary MoU in July 2025 to extend their partnership into the Air domain. This … Read the full press release

Sunly Secures €85 Million to Develop Four 329 MW Solar Parks in Latvia

(IN BRIEF) Sunly will build four solar parks in Latvia totaling 329 MW capacity—54 MW in Valmiera, 90 MW in Krāslava, 81 MW in Madona, and 104 MW in Saldus—using €85 million in loans from EIB, EBRD, and SEB. Completion … Read the full press release

Societe Generale Names Jerome Niddam CEO of Asia Pacific Operations

(IN BRIEF) Societe Generale will elevate Jerome Niddam to CEO of its Asia Pacific business on 1 September 2025, subject to regulatory clearance. Reporting to Co-Heads Anne-Christine Champion and Alexandre Fleury, Niddam joins the Group’s Management Committee and follows Cecile … Read the full press release

Encavis Appoints Kevin Devlin as Supervisory Board Chairman on 1 August

(IN BRIEF) Kevin Devlin will become Chairman of Encavis’s Supervisory Board on 1 August 2025, succeeding Dr. Johannes Teyssen, who oversaw the company’s transition after its acquisition by a KKR-led consortium and will now serve as Deputy Chairman. Devlin’s election, … Read the full press release

Schaeffler Debuts Doppler Radar-Based Hands Free Access Sensor for Trunks and Sliding Doors

(IN BRIEF) Schaeffler’s Hands Free Access Sensor delivers contactless opening and closing of trunks and sliding doors using 24 GHz Doppler radar to detect targeted hand or foot gestures within 60 cm. Produced at scale since late 2024 for leading … Read the full press release

Commerzbank Welcomes 400 Trainees and Dual-Study Students in Germany on 1 August 2025

(IN BRIEF) On 1 August 2025, Commerzbank welcomes around 400 trainees and dual-study students across its German branches, meeting its recruitment goal for 2025. CHRO Sabine Mlnarsky highlighted the bank’s commitment to attracting and retaining young talent as essential for … Read the full press release

LBBW Unifies €63 Billion Real Estate Finance Arm Under Berlin Hyp Brand

(IN BRIEF) Effective 1 August 2025, LBBW has finalized the integration of its commercial real estate finance business by rebranding and consolidating it as Berlin Hyp—a standalone division with a €63 billion portfolio. This alignment follows LBBW’s acquisition of Berlin … Read the full press release

Statkraft Sells Canadian Renewables Portfolio to Atlantica Sustainable Infrastructure

(IN BRIEF) Statkraft will sell its Canadian renewables arm, Enerfín Canada, to Atlantica Sustainable Infrastructure Ltd. The deal, expected to close by year-end 2025, encompasses two operating wind farms (236 MW), a 0.8 GW wind and solar development portfolio, and … Read the full press release

CVC and PAG Forge Equal Partnership to Drive Growth at Australian Venue Co.

(IN BRIEF) CVC Capital Partners Asia VI has acquired a 45% share in Australian Venue Co. from PAG, creating an equal ownership split between the two private equity firms, with AVC’s management retaining 10%. The transaction injects fresh capital into … Read the full press release

Alfa Laval VO30 Centrifuge Boosts Qorteba Refinery Output by 1,200 Tonnes Annually

(IN BRIEF) At Qorteba oil refinery in southern Spain, Alfa Laval’s VO30 centrifuge unit with an erosion-resistant liner has eliminated unplanned stoppages, increased processing capacity by 1,200 tonnes annually, and cut maintenance costs by 94 percent since its 2023 installation. … Read the full press release

New Holland Teams Up with META Group to Deliver Advanced Farming Solutions in Uganda

(IN BRIEF) New Holland has appointed META Plant & Equipment Uganda Ltd, part of the META Group’s pan-African dealership network, as its official distributor in Uganda. META Group, active in seven countries since 2011, offers agricultural, construction, and material-handling equipment … Read the full press release

BBVA Channels €63 Billion into Green and Social Finance in H1 2025, Sets New Q2 Record

(IN BRIEF) In H1 2025, BBVA allocated around €63 billion to sustainability initiatives—a 48 percent rise year-on-year—including a record €30 billion in Q2 alone. Climate change and natural-capital projects accounted for 76 percent of the total, with social-impact ventures making … Read the full press release

Daniel Wood to Steer ABL’s Maritime Growth Across Europe and West Africa

(IN BRIEF) On 1 August 2025, Daniel Wood succeeds Paul Martin as Managing Director, Maritime for Europe & West Africa at ABL. With over 30 years’ experience—20 years at sea on naval and cruise vessels, a decade managing ports and … Read the full press release

Fincantieri Unveils 54,300 GT Viking Mira as Part of Expanded 28-Ship Ocean Fleet

(IN BRIEF) Fincantieri’s Ancona shipyard today launched the Viking Mira, a 54,300 GT cruise ship scheduled to commence operations in spring 2026 across the Mediterranean and Northern Europe. The ceremony, led by Gilberto Tobaldi and Gastone Lazzari, marked the vessel’s … Read the full press release

Iberdrola Unloads 2.6 GW of Mexican Generation to Finance €55 Billion Network Expansion

(IN BRIEF) Iberdrola will sell 2.6 GW of power generation assets in Mexico—comprising 15 plants and development projects—at US $1.6 million per MW, with up to US $4.2 billion in contingent payments tied to future project completions. The transaction, together … Read the full press release

Heidelberg Materials North America to Acquire BURNCO Assets, Expanding Edmonton Footprint

(IN BRIEF) Heidelberg Materials North America has agreed to purchase the assets of family-owned BURNCO Rock Products Ltd. in Edmonton, Alberta. The deal includes six aggregate sites, two asphalt plants, a bitumen storage terminal, three ready-mix concrete facilities, and one … Read the full press release