Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Empa and School Children Collaborate to Create Visionary Children’s Book on Circular Economy and Sustainability

(IN BRIEF) In a creative collaboration between Empa researchers, school children, and the St. Gallen University of Teacher Education, a visionary children’s book about the circular economy is being developed to inspire readers of all ages. The project, known as … Read the full press release

Indra Enhances Flight Safety at Incheon Airport with Cutting-Edge Navigation Systems

(IN BRIEF) Incheon International Airport Corporation (IIAC) has awarded a significant contract to Indra, further solidifying the company’s role in bolstering flight safety within the Republic of Korea. Indra is set to provide its advanced Normarc instrument landing systems (ILS), … Read the full press release

Neste’s Q3 Outlook Brightens as Oil Products Margin Surges; Equipment Inspection Slows Singapore Refinery Expansion

(IN BRIEF) Neste, a leading energy company, has reported an improved outlook for its Oil Products segment’s margin in the third quarter of 2023. Despite the ongoing volatility in oil markets, margins for diesel and gasoline in Northwest Europe have … Read the full press release

Italy Greenlights Tyrrhenian Link, a Major Milestone in Clean Energy Infrastructure

(IN BRIEF) Italy’s Ministry of the Environment and Energy Security has granted authorization for the Tyrrhenian Link, a transformative project by Terna connecting Sardinia, Sicily, and Campania via a direct current submarine power line. This crucial development, part of Italy’s … Read the full press release

Creative Fusion: Art and Fragrance Collide in Symrise Perfumery School’s Workshop

(IN BRIEF) Symrise Perfumery School has introduced an innovative approach to trainee perfumer education through a two-day watercolor workshop titled “Forest. City. Fragrance.” Trainees visited Berlin and, guided by artists, translated their experiences of nature and urban environments into watercolor … Read the full press release

Leadership Transition at Savills: Caroline Pontifex to Lead KKS Savills

(IN BRIEF) Savills, the international real estate advisor, has appointed Caroline Pontifex as the new head of its workplace consultancy and design studio, KKS Savills. Caroline brings over 35 years of experience and specializes in occupier and workplace strategy. She … Read the full press release

Nordic Investment Bank Advances Sustainability with SEK 2 Billion Environmental Bond

(IN BRIEF) Nordic Investment Bank (NIB) has issued a SEK 2 billion Environmental Bond (NEB), marking its commitment to sustainability. This is NIB’s second NEB this year, following a EUR 500 million issuance in January. The funds raised will support … Read the full press release

Iberdrola’s Baltic Eagle Wind Farm Advances with Monopile Anchoring

(IN BRIEF) Iberdrola, in partnership with Van Oord, has successfully installed 50 monopiles for the Baltic Eagle offshore wind farm. These vital components were manufactured by EEW SPC and transported to the construction site, anchored in the seabed to support … Read the full press release

BBVA Launches $750 Million Contingent Convertible Bond in U.S. Markets

(IN BRIEF) On Monday, BBVA initiated the issuance of a $750 million contingent convertible (CoCo) bond in dollars, registered under the U.S. Securities and Exchange Commission (SEC). This CoCo bond, with a six-year amortization option, carries an initial price of … Read the full press release

Goldman Sachs Joins Eurex’s Listed FX Futures Business to Boost European Liquidity Hub

(IN BRIEF) Eurex, the prominent European derivatives exchange under Deutsche Börse Group, welcomes Goldman Sachs as a new member in its listed FX Futures business. Goldman Sachs, a major player in global FX markets, will serve as both a trading … Read the full press release

GRAHAM’s Wellbeing Team Wins ‘Wellbeing at Work’ Award at Responsible Business Awards

(IN BRIEF) The Wellbeing Team at GRAHAM was honored with the “Wellbeing at Work” award at the Business in the Community Responsible Business awards held at the ICC Belfast. This recognition comes after impressing judges with their commitment to staff … Read the full press release

Loughborough University Launches Engaging Inaugural Lecture Series, Open to the Public

(IN BRIEF) Loughborough University is introducing a new Inaugural Lecture series starting on November 1st, inviting the public to attend these informative events delivered by the university’s Professors. The series celebrates the achievements of the university’s research and innovation community, … Read the full press release

Loughborough University Graduate Develops Handheld Device ‘CONTACT’ to Detect Sports-Related Concussions in Seconds

(IN BRIEF) Joel Poulter, a recent Product Design graduate from Loughborough University, has prototyped a handheld device called ‘CONTACT’ designed to detect sports-related concussions in under 10 seconds. Inspired by his extensive experience as a rugby player and a desire … Read the full press release

Nestwork Launches Peer-to-Peer Career Discovery Platform with £175,000 Investment

(IN BRIEF) A team led by current students and recent graduates has created Nestwork, a new platform that leverages peer-to-peer learning to help students find and secure their ideal careers. The platform simplifies career discovery through technology while supporting university … Read the full press release

Swiss Re Highlights Key Trends and Sustainability in the Reinsurance Market Ahead of 2024 Renewals

(IN BRIEF) Swiss Re is emphasizing the importance of enhanced underwriting data, improved modeling, and rebalancing the insurance value chain to ensure the sustainability of the reinsurance market. As the demand for re/insurance protection increases in a volatile environment, Swiss … Read the full press release

Continental Unveils Expanded Printing Blanket Technology Portfolio at LabelExpo Europe 2023

(IN BRIEF) Continental’s ContiTech group sector is showcasing its expanded printing blanket technology portfolio at LabelExpo Europe 2023, which is being held in Brussels from September 11 to 14. The portfolio includes system solutions for label and packaging printing processes. … Read the full press release

Collaboration Transforms Historic Oban Church Building into Student Residence for Marine Science Students

(IN BRIEF) A collaboration between the Scottish Association for Marine Science (SAMS) and local entrepreneurs has led to the renovation of a historic Oban town center building into a residence for 19 marine science students. The Dunollie Halls of Residence … Read the full press release

Rheinmetall to Supply 40 Additional Marder Infantry Fighting Vehicles to Ukraine

(IN BRIEF) The German government has awarded Rheinmetall a contract to deliver an additional 40 Marder infantry fighting vehicles (IFVs) to Ukraine. The order, placed in August 2023, is valued at a high double-digit million-euro sum. Rheinmetall is actively refurbishing … Read the full press release

Rheinmetall to Showcase Cutting-Edge Defense Technologies at DSEI 2023 in London

(IN BRIEF) Rheinmetall, a leading defense and security technology company, will participate in DSEI 2023, one of the world’s premier defense and security exhibitions taking place in London from September 12 to 15. The company will exhibit a wide range … Read the full press release

DNV Awarded Certification Contract for Equinor and Polenergia’s Baltyk II and Baltyk III Offshore Wind Farms in Poland

(IN BRIEF) DNV, the independent energy expert and assurance provider, has secured a contract from the joint ventures of Equinor and Polenergia S.A., MFW Bałtyk II sp. z o.o. and MFW Bałtyk III sp. z o.o., to certify the Baltyk … Read the full press release