Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EIB Launches Regional Hub in Kyiv and Commits €450 Million to Support Ukraine’s Recovery and Resilience Initiatives

(IN BRIEF) The European Investment Bank (EIB) President Werner Hoyer and Vice-President Teresa Czerwińska visited Kyiv to reaffirm the EIB’s commitment to Ukraine. During the visit, they inaugurated the EIB Regional Hub for Eastern Europe in Kyiv, strengthening support for … Read the full press release

EIB Grants €110 Million Loan to Billerud for Eco-Friendly Pulp and Paper Mill Upgrades

(IN BRIEF) The European Investment Bank (EIB) has signed a SEK 1.3 billion (approximately €110 million) loan agreement with Billerud, a leading paper and packaging materials supplier based in Sweden. The loan will support the modernization and environmental upgrade of … Read the full press release

Sorégies Receives Financing Boost for Renewable Energy Development via InvestEU Program

(IN BRIEF) Local energy company Sorégies has secured financing through the InvestEU program, marking a significant step in its strategic plan to prioritize renewable energy development. Sorégies aims to self-generate at least 1,000 GWh of electricity by 2030, aligning with … Read the full press release

University of Exeter Research Teams Triumph at GW4 Open Research Prize

(IN BRIEF) University of Exeter researchers received accolades at the inaugural GW4 Open Research Prize, an event celebrating excellence in open research practices. Open research encompasses various practices that enhance research accessibility, transparency, reproducibility, and visibility. Exeter researchers claimed first … Read the full press release

EU-Funded REFORMERS Project Launches Europe’s First Renewable Energy Valley in the Netherlands

(IN BRIEF) The REFORMERS research project, funded under the EU’s Horizon Europe program, has officially commenced its mission to develop and roll out “Renewable Energy Valleys” (REVs) across Europe. The project’s flagship, located in the Netherlands between Alkmaar and Heiloo, … Read the full press release

University Choir’s Festive Musical Extravaganza at Cope Auditorium on December 6

(IN BRIEF) Join the University Choir and LSU Classical musicians for a festive evening of music at Cope Auditorium on December 6th at 7:30 pm. The concert, conducted by Eleanor Graff-Baker and featuring Handel’s ‘Messiah (Part One)’, Britten’s ‘A Ceremony … Read the full press release

Platform_ Completes Glasgow’s Largest Build-to-Rent Scheme, Bringing Modern Living to the City Center

(IN BRIEF) Platform_ has successfully completed its Build-to-Rent (BTR) development in Glasgow’s City Centre, which provides 498 homes and is the largest of its kind in Scotland. Constructed by GRAHAM and designed by Keppie Design, this iconic 20-story building offers … Read the full press release

Sener and Eurecat Collaborate on Multisector Innovation and Industrial Scaling

(IN BRIEF) Engineering group Sener and technology center Eurecat have entered into a strategic partnership to jointly develop disruptive technologies and scalable solutions across various sectors. This collaboration, which emphasizes open innovation and knowledge exchange, aims to address complex technological … Read the full press release

Oman’s Sanvira Tech Inks Deal to Supply Carbon Anodes to Hydro’s Norwegian Smelters

(IN BRIEF) Hydro, a global aluminium producer, has signed a significant agreement with Sanvira Tech LLC to secure a stable supply of carbon anodes from Oman for its Norwegian aluminium smelters. The contract spans eight years with extension options and … Read the full press release

Garanti BBVA Commits €36.1 Million in Financing for Işıklar Wind Power Plant to Bolster Renewable Energy Expansion

(IN BRIEF) Garanti BBVA has revealed its dedication to supporting renewable energy initiatives with a €36.1 million financing agreement for the Işıklar Wind Power Plant, facilitated through BBVA’s Turkish unit in partnership with Dost Enerji. The wind power project will … Read the full press release

BBVA Colombia Achieves Significant Growth in Sustainable Lending, Focusing on Inclusive Growth and Climate Action

(IN BRIEF) BBVA in Colombia has reported substantial growth in its sustainable lending activities between January and August 2023. The bank granted 3.8 billion pesos in sustainable loans, with $2.4 billion directed towards inclusive growth projects and $1.4 billion allocated … Read the full press release

EY and AspenTech Collaborate to Boost Sustainability in Industrial and Energy Sectors

(IN BRIEF) Ernst & Young LLP (EY US) and Aspen Technology, Inc. have joined forces in an alliance that provides a comprehensive set of solutions to support industrial and energy clients in achieving sustainability goals while optimizing operations. This partnership … Read the full press release

Roche Introduces Elecsys® HBeAg Quant Test for Accurate Hepatitis B Diagnosis and Monitoring

(IN BRIEF) Roche has unveiled Elecsys® HBeAg quant, a new immunoassay designed to detect the presence and quantity of the hepatitis B e antigen (HBeAg) in human serum and plasma. This diagnostic tool simplifies the process for both clinicians and … Read the full press release

GSK’s Belantamab Mafodotin Shows Promise as Second-Line Treatment for Multiple Myeloma in Phase III Trial

(IN BRIEF) GlaxoSmithKline (GSK) has reported positive results from the interim efficacy analysis of the DREAMM-7 phase III trial evaluating belantamab mafodotin as a second-line treatment for relapsed or refractory multiple myeloma. The trial successfully met its primary endpoint of … Read the full press release

Generative AI Threatens White Collar Jobs More Than Blue Collar Jobs, Finds Pearson Research

(IN BRIEF) Pearson, a leading learning company, has conducted research revealing that white collar jobs are more vulnerable to the impact of generative AI (Artificial Intelligence) than blue collar jobs. The study focused on over 5,000 jobs across five countries … Read the full press release

Basque Railway Network Takes Leap Towards European Standard Train Protection System with Thales

(IN BRIEF) Thales has secured a significant contract with Euskal Trenbide Sarea (ETS-RFV) to install the first ERTMS Level 1 automatic train protection system on the Basque Euskadi network. This project, with a budget exceeding 13 million Euros, marks the … Read the full press release

Skanska and Syltern JV Awarded NOK 1.3 Billion Contract for E6 Highway in Norway

(IN BRIEF) Skanska, in collaboration with Syltern, has secured a contract with Nye Veier to construct the new E6 highway segment between Berkåk and Vindåsliene in Trøndelag County, Norway. Skanska’s portion of the contract is valued at NOK 1.3 billion, … Read the full press release

Groupe Casino Expands Stake in Cnova to 98.8% with Acquisition from GPA

(IN BRIEF) Groupe Casino has announced the acquisition of CBD Luxembourg Holding from GPA, indirectly holding a 34.0% share of Cnova’s capital. This transaction will raise Casino’s ownership of Cnova, both directly and through wholly-owned subsidiaries, to 98.8%. The purchase … Read the full press release

AFRY Chosen to Conduct Environmental and Social Impact Assessments for Indonesia’s 500MW Solar PV Projects

(IN BRIEF) PT PLN Indonesia Power, a subsidiary of Indonesia’s state-owned electricity company PT PLN, has enlisted AFRY to perform Environmental and Social Impact Assessments (ESIAs) for five large solar photovoltaic (PV) projects situated on Java Island. These projects play … Read the full press release

Dupixent Shows Remarkable Efficacy in Reducing COPD Exacerbations in Second Phase 3 Trial

(IN BRIEF) In a significant development, the second investigational Phase 3 trial of Dupixent® (dupilumab) for chronic obstructive pulmonary disease (COPD), known as NOTUS, has demonstrated promising results. The trial found that Dupixent reduced COPD exacerbations by 34% compared to … Read the full press release