Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EIB Grants €30.5 Million Loan to DOMINION for Technological Advancements and Innovation Across Europe

(IN BRIEF) The European Investment Bank (EIB) has recently entered into a €30.5 million loan agreement with DOMINION, a multi-technology services and integrated projects company, to fund the development of cutting-edge technology aimed at designing innovative engineering and computing solutions. … Read the full press release

EIB Group Champions European Start-Ups at 2023 Web Summit

(IN BRIEF) The EIB Group, represented by EIB Vice-President Ricardo Mourinho Félix and a team of finance and innovation experts, is set to spotlight its support for innovation and start-ups in Europe at the 2023 Web Summit in Lisbon from … Read the full press release

Defense Giant Rheinmetall Achieves Double-Digit Growth in Q3 2023

(IN BRIEF) Rheinmetall AG, a German defense company, reported strong financial results for the third quarter of 2023, driven by robust sales growth in its military business. The company’s operating result significantly exceeded market expectations, reflecting the high demand for … Read the full press release

AstraZeneca’s Imfinzi Combination Therapy Shows Promise in Phase III Trial for Liver Cancer Treatment

(IN BRIEF) AstraZeneca has reported positive high-level results from the EMERALD-1 Phase III trial, demonstrating that its drug Imfinzi (durvalumab), in combination with transarterial chemoembolisation (TACE) and bevacizumab, significantly improves progression-free survival (PFS) in patients with hepatocellular carcinoma (HCC) eligible … Read the full press release

AstraZeneca Secures Exclusive License for ECC5004, Promising Oral GLP-1RA for Cardiometabolic Conditions

(IN BRIEF) AstraZeneca and Eccogene have signed an exclusive license agreement for ECC5004, an investigational oral once-daily glucagon-like peptide 1 receptor agonist (GLP-1RA) designed for the treatment of obesity, type-2 diabetes, and other cardiometabolic conditions. Initial results from the Phase … Read the full press release

Unilever Grants Ice Cream Industry Free Access to Energy-Efficient Reformulation Patents

(IN BRIEF) Unilever has made a significant move towards reducing energy consumption in the ice cream industry by offering a free non-exclusive license for 12 reformulation patents. These patents are aimed at enabling ice cream products to remain stable at … Read the full press release

Prominent European Investor HV Capital Deepens Ties with CACEIS for Private Equity Servicing

(IN BRIEF) HV Capital, a European early-stage and growth investor, has expanded its portfolio by adding four more private equity structures to its holdings under the depository services of CACEIS Germany. CACEIS, a renowned asset servicing group, now handles a … Read the full press release

Hiab Launches Environmentally Friendly MULTILIFT Hooklifts to Help Customers Reduce Carbon Emissions

(IN BRIEF) Hiab, a division of Cargotec, has introduced two new MULTILIFT hooklifts, the MULTILIFT Ultima 28Z and MULTILIFT Ultima ZERO, designed with a focus on sustainability and reduced carbon emissions. The heavy-duty MULTILIFT Ultima 28Z offers a lifting capacity … Read the full press release

Roche’s Elecsys NfL Test for Multiple Sclerosis Earns Breakthrough Device Designation from FDA

(IN BRIEF) Roche, a leading healthcare company, has announced that its Elecsys Neurofilament Light Chain (NfL) test for Multiple Sclerosis (MS) has received Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA). The Elecsys NfL test is designed … Read the full press release

Aegon Nominates Albert Benchimol, Industry Veteran, for Non-Executive Board Role

(IN BRIEF) Aegon has announced its intention to propose Albert Benchimol as a non-executive member of the Board of Directors at its 2024 Annual General Meeting, with a proposed four-year term. Mr. Benchimol, boasting over 40 years of experience in … Read the full press release

TotalEnergies and Trade Unions Join Forces for Employee Eco-Transition in France

(IN BRIEF) TotalEnergies has unveiled a strategic initiative to aid its 35,000 employees in France in their ecological transition efforts, promoting sustainable energy consumption and mobility in their daily lives. In collaboration with the Company’s trade union representatives (CFDT, CFE-CGC, … Read the full press release

Advansia Secures Framework Agreement for Hospital Construction Projects in Southeastern Norway

(IN BRIEF) Advansia, a part of AFRY, has been granted a framework agreement to provide project management services for multiple hospital construction projects in Southeastern Norway, replacing the existing agreement with the Regional Health Authority. The South-Eastern Norway Regional Health … Read the full press release

Logicor Launches Sustainable Logistics Property Development in Rome, Italy

(IN BRIEF) Logicor, a leading European logistics real estate company, has commenced construction on a new 24,000-square-meter property in Rome, Italy, set for completion in late 2024. Situated on a 97,000-square-meter industrial site owned by the Mazer Fund, this project, … Read the full press release

Keolis Wins Contracts to Transform Public Transport and Drive Green Transition in Two French Urban Regions

(IN BRIEF) Keolis, a transportation company, has been awarded two significant contracts by urban district councils in France to improve public transport services and advance the energy transition. The first contract with Communauté de l’Auxerrois involves the operation of its … Read the full press release

ELKO and Pantum Form Distribution Agreement to Offer Printing Solutions in Poland

(IN BRIEF) ELKO and Pantum have entered into a distribution agreement to provide a comprehensive range of Pantum printing products and consumables in Poland. Pantum, a rapidly expanding printer manufacturer known for its innovative products and commitment to quality, offers … Read the full press release

Skanska Updates Green Bond Framework to Align with EU Taxonomy and Climate Targets

(IN BRIEF) Skanska, a construction and development company, has updated its Green Bond Framework to incorporate criteria from the EU Taxonomy for sustainable activities and expand its scope to cover additional categories. The framework, which aligns with the 2021 ICMA … Read the full press release

Ericsson Secures Funding for Cloud and Edge Infrastructure Innovation in European Initiative

(IN BRIEF) Ericsson has received funding from Germany’s Economic Affairs and Climate Action Ministry to support its KeeCEK (Small efficient effective Cloud Edge Nodes) project, part of the Important Project of Common European Interest on Next Generation Cloud Infrastructure and … Read the full press release

Associated British Ports and Taiwan International Ports Corporation Collaborate on Floating Offshore Wind Development

(IN BRIEF) Associated British Ports (ABP) has signed a memorandum of understanding (MOU) with Taiwan International Ports Corporation (TIPC) to collaborate on floating offshore wind (FLOW) projects. The MOU allows for information sharing and experience exchange related to FLOW port … Read the full press release

Scania and sennder Launch Joint Venture ‘JUNA’ to Drive Electric Truck Adoption in Europe

(IN BRIEF) Scania CV AB and sennder Technologies GmbH have announced the establishment of JUNA, a joint venture focused on promoting electric solutions in road freight logistics across Europe. JUNA, headquartered in Berlin, Germany, introduces an innovative pay-per-use model for … Read the full press release

Barclays Issues Warning as Purchase Scams Surge During Black Friday and Cyber Monday

(IN BRIEF) Barclays has sounded an alarm ahead of this year’s Black Friday and Cyber Monday sales, citing a 22% increase in money lost to purchase scams during the same period last year. Purchase scams, which involve buying products that … Read the full press release