Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Eurex Expands Cryptocurrency Offerings with Options on FTSE Bitcoin Index Futures

(IN BRIEF) Eurex, the leading European exchange, has marked another significant step in its mission to provide secure access to cryptocurrencies within a regulated market environment. Following the successful launch of Bitcoin index futures in April 2023, Eurex has now … Read the full press release

Inmarsat Maritime Wins Prestigious 2023 IMRF Award for Maritime Search and Rescue Innovation

(IN BRIEF) Inmarsat Maritime, a division of Viasat, has been honored with the 2023 International Maritime Rescue Federation (IMRF) Award for Innovation and Technology in Maritime Search and Rescue. This recognition comes after a thorough evaluation by a distinguished judging … Read the full press release

CapMan Announces Date for 1–9 2023 Interim Report Release and Webcast Presentation

(IN BRIEF) CapMan, a leading investment and asset management company, has scheduled the release of its interim report for the period from 1 January to 30 September 2023. The report will be published on Thursday, 26 October 2023, at approximately … Read the full press release

Latvia’s Kekava Bypass: A Game-Changer in Baltic Infrastructure

(IN BRIEF) Latvia’s Kekava bypass, a pioneering public-private partnership (PPP) project, has been completed in just two years, diverting heavy traffic away from Kekava and promising more efficient travel through the Baltics. Despite a 17-year planning process and external challenges, … Read the full press release

Dairy Giants FrieslandCampina and Hochwald Collaborate to Slash Costs and Carbon Emissions Through Milk Exchange

(IN BRIEF) Dairy companies Hochwald and FrieslandCampina have entered into a partnership to optimize milk collection and reduce transport costs and CO2 emissions. They will exchange member milk between their cooperatives, reducing the distance between dairy farms and processing locations. … Read the full press release

Heidelberg Materials Initiates Carbon Capture Pilot in Bulgaria, Advancing CCUS in Eastern Europe

(IN BRIEF) Heidelberg Materials has begun construction on a pilot carbon capture installation named ANRAV.beta at its plant in Devnya, Bulgaria. This pilot unit is a significant step towards the company’s larger ANRAV project in Bulgaria, the first full-chain carbon … Read the full press release

GSK’s ViiV Healthcare to Share Latest Advances in HIV Treatment and Prevention at EACS 2023

(IN BRIEF) ViiV Healthcare, a global specialist HIV company, will present 23 abstracts at the 19th Annual European AIDS Conference (EACS 2023). These abstracts will cover various aspects of HIV treatment and prevention, including real-world data on long-acting and 2-drug … Read the full press release

Lightsource bp and The Fashion Pact Team Up for Innovative Solar Power Agreement in Fashion Industry

(IN BRIEF) Lightsource bp has entered into a collective virtual power purchase agreement (CVPPA) with The Fashion Pact, a sustainability initiative in the fashion and textile industry. This CVPPA, associated with Lightsource bp’s solar portfolio in Spain, provides a long-term … Read the full press release

AstraZeneca: Soliris Gains Approval in China for Rare Neuromyelitis Optica Spectrum Disorder (NMOSD) Treatment

(IN BRIEF) Soliris (eculizumab) has received approval in China for the treatment of adult patients with neuromyelitis optica spectrum disorder (NMOSD) who are anti-aquaporin-4 (AQP4) antibody positive (Ab+). This makes Soliris the first and only complement inhibitor approved for NMOSD … Read the full press release

VINCI Airports Launches £100 Million Investment to Transform Belfast International Airport

(IN BRIEF) VINCI Airports has unveiled a £100 million, five-year investment plan for Belfast International Airport aimed at enhancing operational efficiency, passenger experience, and environmental performance. The initial phase involves constructing a state-of-the-art £25 million security building that will implement … Read the full press release

AF Gruppen’s Kanonaden Entreprenad Awarded Contract for Series Compensation Station in Isovaara to Boost Sweden-Finland Power Line

(IN BRIEF) AF Gruppen’s subsidiary Kanonaden Entreprenad has secured a contract to construct and install a new series compensation station in Isovaara for Svenska kraftnät. This project, carried out in collaboration with Hitachi Energy, is part of the Aurora Line, … Read the full press release

Ericsson Receives 5G Innovator of the Year Award for Second Consecutive Year at the edge Technology Leadership Awards 2023

(IN BRIEF) Ericsson has been awarded the “5G Innovator of the Year” at the edge Technology Leadership Awards 2023 for the second consecutive year. This recognition highlights Ericsson’s continued leadership in 5G technology and its dedication to advancing telecommunications infrastructure … Read the full press release

voestalpine Unveils Cutting-Edge Special Steel Plant in Kapfenberg, Austria, Enhancing Regional Economy and Sustainability

(IN BRIEF) voestalpine has officially opened an advanced special steel plant in Kapfenberg, Austria, marking a significant technological advancement in high-performance materials for automotive, energy, and aerospace industries. The plant, known for its high degree of digitalization and sustainability, is … Read the full press release

Nominees for Brick Award 24 Unveiled: Celebrating Innovative Brick Architecture Worldwide

(IN BRIEF) The nominees for the Brick Award 24, an international prize for brick architecture, have been announced, with 50 projects selected from 743 submissions across 54 countries. These projects showcase innovative and sustainable uses of brick as a building … Read the full press release

ORLEN Group Enhances Energy Security with ‘Saint Barbara’ and ‘Ignacy Łukasiewicz’ LNG Vessels

(IN BRIEF) The ORLEN Group has added two new liquefied natural gas (LNG) vessels, ‘Saint Barbara’ and ‘Ignacy Łukasiewicz,’ to its fleet. These vessels, constructed by Hyundai Samho Heavy Industries, will commence sea service by the end of the year, … Read the full press release

Accenture Expands Insurance Operations Capabilities with ON Service GROUP Acquisition in Germany

(IN BRIEF) Accenture has acquired ON Service GROUP, a prominent provider of business process services specialized in insurance operations in Germany. This strategic acquisition aims to enhance Accenture’s capabilities in insurance operations, allowing it to offer a wider range of … Read the full press release

Continental Announces New Head for Automotive Aftermarket Business

(IN BRIEF) Enno Straten has been named as the new head of Continental’s Automotive Aftermarket business segment, effective November 1, 2023. This segment deals with replacement and wear parts for passenger cars, including brakes, electronic components, service equipment, and batteries. … Read the full press release

Ricoh Introduces World’s First B2 Aqueous-Based Inkjet Press for Digital Printing

(IN BRIEF) Ricoh has unveiled the RICOH Pro Z75 digital press, the world’s first B2 perfecting sheetfed aqueous-based inkjet platform. This innovative press aims to accelerate the shift from offset to digital printing, offering higher print quality, faster turnaround times, … Read the full press release

MYTILINEOS Earns ‘AA’ Rating for ESG Excellence in MSCI Index

(IN BRIEF) MYTILINEOS Energy & Metals has achieved an “AA” excellent rating for Environmental, Social, and Governance (ESG) practices in the Morgan Stanley Capital International (MSCI) index. This recognition comes just one year after MYTILINEOS entered the MSCI ESG index … Read the full press release

Outokumpu Appoints Key Leaders for Feasibility Study in the Americas

(IN BRIEF) Outokumpu has appointed Michael Tecza as Project Director and Hugh Embrey as Technical Project Director to lead an ongoing feasibility study in the Americas. The study aims to increase cold-rolling capacity and explore options for hot-rolling arrangements in … Read the full press release