Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Accenture Study Reveals Only 18% of Companies on Track for Net Zero Emissions by 2050, Urgent Action Needed in Heavy Industry

(IN BRIEF) A recent study by Accenture highlights that just 18% of companies are currently on course to achieve net-zero emissions in their operations by 2050. The research also reveals that 38% of companies feel unable to make additional investments … Read the full press release

Accenture Expands New Zealand Presence with Acquisition of IT Services Provider Solnet

(IN BRIEF) Accenture, a global technology consulting and services company, has announced its acquisition of Solnet, a New Zealand-based IT services provider specializing in technology consulting for government and private organizations. While the terms of the deal remain undisclosed, Solnet’s … Read the full press release

Hassan Allam Construction and Thales Forge Partnership to Promote Smart Digital Platform in the MENA Region

(IN BRIEF) Hassan Allam Construction, a prominent engineering and investment group in Egypt and the MENA region, is entering into a strategic collaboration with Thales to accelerate the adoption of Thales’s Smart Digital Platform (SDP) in the region. Under this … Read the full press release

Thales and MiTAC Collaborate on Taipei Metro’s Advanced Fare Collection System

(IN BRIEF) The Taipei Mass Rapid Transit, also known as Metro Taipei, operated by the Taipei Rapid Transit Corporation (TRTC), is undergoing a significant upgrade in its Automatic Fare Collection (AFC) system with the partnership of Thales and MiTAC Information … Read the full press release

Boliden Ramps Up Reclamation Provisions by SEK 3.8 Billion for Aitik and Garpenberg Mines

(IN BRIEF) In a significant development, Boliden has decided to bolster its provisions for reclamation by SEK 3.8 billion, primarily attributed to ambitious reclamation plans for its Aitik and Garpenberg mines. This decision will trigger an annual depreciation rise of … Read the full press release

Minsait Payments Expands Payment Technology Services with Acquisition of Pecunpay

(IN BRIEF) Minsait Payments has acquired 100% of Pecunpay, a Spanish Electronic Money Institution specializing in serving fintechs and neo-banks. This strategic move aims to enhance Minsait Payments’ position as a payment technology services provider by integrating Pecunpay’s assets and … Read the full press release

Hydro Extrusions Partners with Watt Electric Vehicles to Deliver Low-Carbon Aluminum for Innovative Electric Commercial Vehicle

(IN BRIEF) Hydro Extrusions, a leading aluminum manufacturer, has joined forces with UK startup Watt Electric Vehicles (WEVC) to supply recycled, low-carbon aluminum extrusions for WEVC’s upcoming electric commercial vehicle, the eCV1. This collaboration aims to reduce the vehicle’s weight … Read the full press release

Riverty and GirlCode Join Forces to Tackle Gender Disparity in European Tech and FinTech Sectors

(IN BRIEF) Riverty, a prominent FinTech player, has teamed up with the global community GirlCode to address the alarming gender imbalance in the tech and FinTech sectors in Europe. Recent statistics reveal that only 22% of tech roles in European … Read the full press release

Hailo Technologies’ AI Processors to Power Schneider Electric’s Industrial Automation Innovations

(IN BRIEF) Schneider Electric is partnering with Hailo Technologies, an AI chipmaker, to incorporate Hailo’s advanced processors into Schneider Electric’s industrial automation solutions. This collaboration aims to enhance industrial automation performance, with key benefits including six times faster object detection, … Read the full press release

Savills Manchester Economist Emma Leung Recognized as 2023 Rising Star by IED

(IN BRIEF) Emma Leung, a senior economist at Savills in Manchester, received the Rising Star of the Year award at the 2023 Institute of Economic Development (IED) Annual Awards. The ceremony, held in Birmingham, celebrated Emma’s exceptional contributions to the … Read the full press release

New Leadership at Savills Birmingham: Victoria Burgin Takes the Helm

(IN BRIEF) Savills has appointed Victoria Burgin as the new head of its Birmingham office, effective from January 1, 2024, succeeding Simon Farrant. Burgin currently leads the property management team in Birmingham and has experience in managing high-profile portfolios and … Read the full press release

Malta Inc. Collaborates with German Partners to Accelerate Energy Transition and Decarbonization

(IN BRIEF) Malta Inc., a leader in long-duration energy storage (LDES), has announced a grant awarded to its German subsidiary for a €9-million project aimed at expediting Germany’s energy transition efforts. The project, supported by the German Federal Ministry for … Read the full press release

Barclays Bank Ireland Joins Vienna Stock Exchange as New International Trading Member

(IN BRIEF) The Vienna Stock Exchange has announced the addition of a new international trading member, Barclays Bank Ireland PLC, effective from November 15, 2023. Barclays’ participation in the exchange is seen as a strategic move to provide comprehensive and … Read the full press release

Lightsource bp Team Members Complete Lean Practitioner Training Course and Gain SCQF Level 7 Qualification

(IN BRIEF) Lightsource bp has demonstrated its commitment to employee development by providing learning and development opportunities for its team members. Recently, 30 team members across EMEA, the US, and Brazil successfully completed a Lean Practitioner training course, earning their … Read the full press release

Arkema Showcases Sustainable Coating Solutions at Chinacoat 2023

(IN BRIEF) Arkema, a global leader in specialty materials, is set to exhibit its innovative and sustainable coating solutions at Chinacoat 2023 in the Shanghai New International Expo Centre (SNIEC) from November 15th to 17th. The company is committed to … Read the full press release

UK Retailers Roll Out Early Christmas Displays to Boost Festive Sales

(IN BRIEF) According to data from the Barclays Business Barometer, UK retailers are embracing an early start to the Christmas season, with 49% of them opting to display festive goods earlier this year to help customers spread the cost of … Read the full press release

DHL Supply Chain Invests €200 Million to Transform Fleet with Greener Alternatives

(IN BRIEF) DHL Supply Chain is taking a significant stride towards environmental sustainability with the launch of its global Green Transport Policy. The policy aims to substantially reduce carbon emissions, particularly from its transportation services, aligning with the company’s Sustainability … Read the full press release

BASF and SK On Partner to Explore Lithium-Ion Battery Collaboration in North America and Asia-Pacific

(IN BRIEF) BASF, a leading global producer of battery materials, and SK On, a prominent electric vehicle battery cell manufacturer, have entered into an agreement to explore collaboration opportunities in the global lithium-ion battery market, with a particular focus on … Read the full press release

T-Systems Achieves Top ‘Leader’ Status in ISG’s AWS Ecosystem Partner Report

(IN BRIEF) T-Systems, the business-customer IT affiliate of Deutsche Telekom, has been recognized as a leader in the AWS (Amazon Web Services) ecosystem by ISG (Information Services Group). In ISG’s Provider Lens™ analyst report on AWS ecosystem partners, T-Systems achieved … Read the full press release

Siemens AG Boosts Stake in Siemens Ltd. India, Accelerating Separation from Siemens Energy

(IN BRIEF) Siemens AG has taken significant steps to support the stability and accelerate the separation of Siemens Energy AG in India. Siemens plans to enter into a share purchase agreement to acquire an 18% stake in Siemens Ltd. India … Read the full press release