Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Deutsche Börse’s DB1 Ventures Leads Funding Round for Block Trading Platform OptimX Markets

(IN BRIEF) Deutsche Börse’s Corporate Venture Capital arm, DB1 Ventures, has led a Seed funding round in OptimX Markets, a block trading platform based in New York. OptimX provides a venue-neutral solution for sharing and processing institutional block orders in … Read the full press release

Infineon Launches Advanced MOTIX™ MCU Power ICs with CAN FD Interface for Automotive Motor Control Applications

(IN BRIEF) Infineon Technologies AG introduces the TLE988x and TLE989x families of MOTIX™ MCU embedded power ICs for automotive motor control applications. These ICs integrate a gate driver, microcontroller, communication interface, and power supply on a single chip, resulting in … Read the full press release

Palestinian Medical Students Experience Clinical and Surgical Training at University of Dundee’s School of Medicine’s Summer School

(IN BRIEF) Sixteen third-year medical students from the Arab American University in Palestine participated in a two-week Summer School at the University of Dundee’s School of Medicine’s Summer School. Led by Dr. David Russell and organized by Miss Victoria Kirkwood, … Read the full press release

Amey Implements Innovative Shower Pod Solution to Improve Living Conditions in UK Prisons

(IN BRIEF) Amey, a provider of strategic facilities and project management services, has collaborated with the Ministry of Justice to introduce a ground-breaking welfare solution in UK prisons. They developed a cost-effective shower pod prototype for young offenders in two … Read the full press release

American Rheinmetall Vehicles and Team Lynx Win $700 Million Contract for Advanced Infantry Combat Vehicle Development

(IN BRIEF) The U.S. Army has awarded a contract to American Rheinmetall Vehicles and Team Lynx for Phase 3 and 4 of the XM30 Mechanized Infantry Combat Vehicle program. The contract is worth over $700 million and involves the development … Read the full press release

Aviva Leads Sustainability Efforts by Underwriting Engineered Timber in Commercial Buildings

(IN BRIEF) Aviva, one of the largest insurers in the UK, is expanding its underwriting appetite to include engineered timber in commercial developments as part of its sustainability commitments. The company aims to support the construction and real estate sectors … Read the full press release

BioNTech Q2 2023 update: Advances Oncology Pipeline and Prepares for Omicron-Adapted COVID-19 Vaccine Launch

(IN BRIEF) BioNTech reported its second-quarter 2023 financial results and corporate update, highlighting significant pipeline advancements in oncology with the initiation of BNT316/ONC-392 Phase 3 pivotal trial and positive data updates across multiple technology platforms. The company also prepares for … Read the full press release

Iberdrola’s Neoenergia and MUFG Sign Pioneering Green Loan for Distribution Network Upgrade in Brazil

(IN BRIEF) Iberdrola’s Brazilian subsidiary, Neoenergia, has signed a bilateral green loan with Mitsubishi UFJ Financial Group (MUFG) for 150 million Brazilian real (approximately €28 million). The financing agreement aims to upgrade the distribution network in Neoenergia Brasilia’s concession area, … Read the full press release

Lithuania’s First Offshore Wind Auction Sees Ignitis Group and OceanWinds as Winners, Plans for Improved CfD Model in Future Tender

(IN BRIEF) Lithuania has successfully conducted its first offshore wind auction, with a consortium of Ignitis Group and OceanWinds emerging as the winner. They paid €20 million for the right to develop the 700 MW offshore wind project, expected to … Read the full press release

Banijay’s MasterChef to Debut in French-Canadian Market, Cookery Competition Set to Inspire Culinary Enthusiasts in Quebec

(IN BRIEF) Banijay, a prominent media and entertainment company, announces that its popular cooking show, MasterChef, will be adapted for French-Canada. Produced by Pixcom in collaboration with Quebecor Content, the show will feature cooking enthusiasts competing against each other to … Read the full press release

SGS Launches Cutting-Edge Crop Science Experimental Station in Benacazón, Spain, Boosting Agricultural Research and Innovation

(IN BRIEF) SGS has established a new experimental field station for Crop Science in Benacazón, Spain. The facility, which includes walk-in plant growth chambers, greenhouses, and specialized laboratories, aims to support crop scientists in their research and enable integrated pest … Read the full press release

Leading Infection Prevention Company, Schülke to Join ATHOS Consortium Following EQT Private Equity’s Strategic Ownership

(IN BRIEF) EQT Private Equity has agreed to sell Schülke, a provider of infection prevention solutions for the healthcare industry, to the ATHOS Consortium. Under EQT’s ownership, Schülke focused on the healthcare market, expanded into new geographies, and became a … Read the full press release

Digi Communications NV Announces Investors Call for the H1 2023 Financial Results

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(IN BRIEF) Digi Communications N.V. has announced an investor call to discuss its H1 2023 financial results on August 14, 2023, at 14:00 UK time / 16:00 EEST. The call will be conducted in English and will be hosted by … Read the full press release

Project STOP Jembrana Successfully Hands Over Waste Management Program, Achieving Circular Economy Goals in Bali

(IN BRIEF) Project STOP Jembrana, funded by the Alliance to End Plastic Waste, has successfully implemented a waste management system in Bali, Indonesia, offering waste collection services to over 124,800 people and collecting more than 12,959 tonnes of waste, including … Read the full press release

Predictive Logistics: Maersk Drives Technology Revolution in Chemical Supply Chains for Improved Sustainability and Efficiency

(IN BRIEF) Maersk, a global leader in container logistics, emphasizes the need for technology adoption in the chemical supply chain to transform it from predictable to predictive, enable better decision-making, and develop more sustainable supply chains. Maersk sees significant opportunities … Read the full press release

Ericsson Expands Socioeconomic Contribution in Malaysia with 5G Manufacturing Facility

(IN BRIEF) Ericsson, a global 5G leader, has established its first 5G manufacturing facility in Southeast Asia in Penang, Malaysia. The facility will produce state-of-the-art Ericsson 5G radios, including lightweight and energy-efficient Massive MIMO antenna-integrated radios. The investment in local … Read the full press release

University of Liverpool Receives £1.4M Funding to Lead Research on Combatting Livestock Diseases

(IN BRIEF) The University of Liverpool has secured over £1.4 million in government funding for three research projects aimed at combating livestock diseases. Led by the Institute of Infection, Veterinary and Ecological Sciences, the projects will focus on lameness-associated endemic … Read the full press release

Newcastle University Receives £37M Funding to Drive Research Support and Tackle Public Health Challenges

(IN BRIEF) Newcastle University has been awarded over £37 million by the National Institute for Health and Care Research (NIHR) to address public health and social care issues. The funding will be used to establish a Research Support Service (RSS) … Read the full press release

Study Exposes Dire Impact of Small-Scale Fisheries on Marine Megafauna in Thailand

(IN BRIEF) A study conducted by Newcastle University has unveiled the ecological threats posed by small-scale fisheries in Thailand. The research provides the first-ever estimate of marine megafauna catch in Thailand’s small-scale fisheries, including rays, sharks, sea turtles, dolphins, and … Read the full press release

ANDRITZ Awarded Order to Enhance Andhra Paper’s Mill Capacity and Sustainability in India

(IN BRIEF) ANDRITZ, an international technology group, has secured an order from Andhra Paper Limited in India for a recovery boiler upgrade and sustainable technologies to increase capacity and achieve environmental goals. The upgrade includes a recovery boiler capacity increase, … Read the full press release