Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Evonik Collaborates with Röhm to Supply Catalyst for Groundbreaking MMA Plant

(IN BRIEF) Evonik, a leader in specialty chemicals, has entered into an agreement with Röhm to produce a custom catalyst for Röhm’s new methyl methacrylate (MMA) production facility in Bay City, Texas. The plant, using Röhm’s LiMA (Leading in Methacrylates) … Read the full press release

Villaggio Turistico Internazionale, a popular resort in northern Italy, partnered with Vodafone to strengthen its cybersecurity defenses

(IN BRIEF) Villaggio Turistico Internazionale, a popular resort in northern Italy, has partnered with Vodafone to strengthen its cybersecurity defenses. The resort, which hosts up to 3,500 visitors daily, sought a unified solution to protect its infrastructure, personal data, and … Read the full press release

Live Entertainment and Summer Spending Boost UK Hospitality & Leisure Sector

(IN BRIEF) Consumer card spending in the UK grew by 4.0% YoY in July, driven by the hospitality and leisure sector as Brits spent more on getaways, dining out, and entertainment like concert tickets. Spending on supermarkets grew at a … Read the full press release

Barclays Strengthens Sustainable Project Finance Leadership with New Global Head

(IN BRIEF) Barclays has appointed James Edmonds as the Global Head of Sustainable Project Finance within its Corporate and Investment Bank. Based in New York, Edmonds will collaborate across the organization to offer project financing solutions that aid clients in … Read the full press release

European Semiconductor Giants Collaborate to Develop European Manufacturing Hub

(IN BRIEF) TSMC, Robert Bosch GmbH, Infineon Technologies AG, and NXP Semiconductors N.V. have announced their joint investment in the European Semiconductor Manufacturing Company (ESMC) GmbH, situated in Dresden, Germany. The project aims to establish a 300 mm fab to … Read the full press release

ING Advances Share Buyback Scheme as Repurchases Reach Over 16%

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has reported the continuation of its share buyback program, repurchasing 1,536,085 shares at an average price of €13.23 during the week of July 31 to August 4, 2023. The total number of shares repurchased under the program … Read the full press release

Norwegian Government Greenlights Snøhvit Future Project: Focus on Electrification and Sustainable Gas Production

(IN BRIEF) The Norwegian government has given the go-ahead to the Snøhvit Future project, with certain conditions. This initiative focuses on onshore compression starting in 2028 and plant electrification from 2030. The decision aims to enhance Norway’s position as a … Read the full press release

The Dutch Research Council (NWO): KIC Funds Three Projects for Accelerating Mission-Driven Innovation through Collaborative Research

(IN BRIEF) The Knowledge and Innovation Covenant (KIC) has awarded funding to three projects under the ‘Collaboration in mission-driven innovation’ call. These projects involve interdisciplinary consortia of knowledge institutions, private entities, and public partners. The research aims to explore ways … Read the full press release

Savills Enhances Heritage and Townscape Team with Dual Senior Consultants

(IN BRIEF) Savills has announced the addition of Trystan Lever and Harry Smith as senior consultants to its expanding Heritage and Townscape team. With diverse backgrounds in both commercial and local government sectors, Trystan and Harry will be based in … Read the full press release

René Janssen, a professor at TU/e, Receives ERC Advanced Grant for High-Efficiency Perovskite Solar Cell Research

(IN BRIEF) René Janssen, a professor in the Departments of Chemical Engineering and Chemistry and Applied Physics at Eindhoven University of Technology (TU/e), has been granted a prestigious ERC Advanced Grant of three million euros for his innovative research on … Read the full press release

Solar Farms Linked to Reduced Bat Activity, Highlighting Conservation Concerns

(IN BRIEF) A recent study has discovered that the activity of six bat species significantly diminishes in proximity to solar farm sites. This research, published in the Journal of Applied Ecology, holds implications for shaping planning legislation and policies that … Read the full press release

Ancient Marine Reptile’s Fossil Unveils Ancient Use of Whale-Like Filter Feeding

(IN BRIEF) Recent fossil discovery in China sheds light on a remarkable aspect of prehistoric marine life – the use of whale-like filter feeding by a group of reptiles over 250 million years ago. Researchers from China and the UK … Read the full press release

Ericsson and MediaTek Collaborate on RedCap for Enhanced 5G Standalone Performance

(IN BRIEF) Ericsson and MediaTek have collaborated to exhibit the capabilities of the Reduced Capability (RedCap) solution in the realm of 5G Standalone technology. This partnership involved successful interoperability testing (IoDT) in Sweden, where the RedCap data was tested alongside … Read the full press release

Telkomsel and Ericsson Renew Partnership to Boost 4G/5G Networks Across Indonesia

(IN BRIEF) Telkomsel and Ericsson have announced the renewal of their partnership to enhance and expand their existing 4G/5G network coverage in Indonesia. This collaboration will involve deploying Ericsson’s energy-efficient 5G Radio Access Network (RAN) products and solutions in various … Read the full press release

From South to North: Construction group Webuild’s 31 Italy Projects Transform Mobility Paradigm

(IN BRIEF) Construction group Webuild is making significant strides in Italy’s infrastructure development, overseeing 31 major projects in collaboration with a network of 10,500 companies. With a dedicated workforce exceeding 16,300, these initiatives span the entire country, from North to … Read the full press release

Enea Repurchases Own Shares in SEK 25 Million Buyback Program

(IN BRIEF) Enea AB (publ), a telecom and cybersecurity software specialist, has repurchased 24,477 of its own shares within the framework of an authorized share buyback program. The purpose of the program is to adjust the company’s capital structure over … Read the full press release

Accenture Enhances Capital Project Capabilities with Anser Advisory Acquisition

(IN BRIEF) Accenture, a global professional services company, has completed the acquisition of Anser Advisory, a management and advisory firm specializing in infrastructure projects in the United States. The acquisition strengthens Accenture’s capabilities in capital projects and allows them to … Read the full press release

FLSmidth to Supply Key Equipment and Services for Ma’aden’s Phosphate Mine in Saudi Arabia

(IN BRIEF) FLSmidth, a global supplier of engineering and equipment to the mining industry, has been selected to deliver key beneficiation equipment and services for Ma’aden’s phosphate 3 phase 1 mine site in Saudi Arabia. The order, worth approximately DKK … Read the full press release

TÜV Rheinland Becomes New MCS Certification Body, Advancing Sustainable Energy in the UK

(IN BRIEF) TÜV Rheinland, an independent testing and certification organization, has been accredited as a new product certification body for the Microgeneration Certification Scheme (MCS) in the UK. Initially focusing on solar panel products, the partnership aims to expand into … Read the full press release

Solidaridad and Pact Promote Mercury-Free Mining in Ghana with New Mineral Processing Equipment

(IN BRIEF) Solidaridad and Pact have collaborated on the “Promoting Mercury-free Mining in Ghana” project to support artisanal and small-scale gold miners in Ghana. The project aims to reduce mercury usage, which is harmful to miners and the environment. As … Read the full press release