Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Maersk Partners with BANDAI NAMCO to Streamline Logistics Operations in Mexico City

(IN BRIEF) A.P. Moller – Maersk (Maersk) has forged a partnership with global toy manufacturer BANDAI NAMCO to manage its supply chain and logistics operations in Mexico City. Strategically located in the northern part of the city, the distribution center … Read the full press release

Atlas Copco Group Expands Sustainability Portfolio with Acquisition of Houston-based Zahroof Valves Inc.

(IN BRIEF) Atlas Copco Group has acquired Zahroof Valves Inc., a company specializing in reciprocating compression valve technology based in Houston, Texas. Zahroof Valves’ innovative technology is renowned for reducing emissions and enhancing energy efficiency in the oil and gas … Read the full press release

Fincantieri Fortifies Innovation Leadership with MIT Industrial Liaison Program Membership

(IN BRIEF) Fincantieri, a prominent shipbuilding group, has announced its enrollment in the esteemed Industrial Liaison Program (ILP) at the Massachusetts Institute of Technology (MIT). This membership signifies Fincantieri’s commitment to fostering innovation and staying at the forefront of technological … Read the full press release

Phagenesis Secures $42M Investment Led by EQT Life Sciences to Revolutionize Swallowing Disorder Treatment

(IN BRIEF) Phagenesis, a UK-based medical technology company specializing in treating swallowing disorders, has closed a significant $42 million Series D financing round led by EQT Life Sciences, with co-leadership from Sectoral Asset Management. This substantial investment reflects confidence in … Read the full press release

Dubai Office Welcomes Mohammad Alamoush as Director of Leasing and Asset Management for MTU Maintenance

(IN BRIEF) MTU Maintenance has appointed Mohammad Alamoush as Director of Leasing and Asset Management at its Dubai office to bolster services in the Middle East. Alamoush brings expertise from his tenure in Amsterdam and anticipates significant fleet transitions in … Read the full press release

SGS Launches Comprehensive Solution for MoCRA Compliance

(IN BRIEF) SGS has introduced a comprehensive solution to support organizations in complying with the Modernization of Cosmetics Regulation Act (MoCRA) in the United States. MoCRA, which expands the FDA’s authority over cosmetic products, imposes new requirements on manufacturers and … Read the full press release

WindEurope and Azerbaijan Renewable Energy Agency Join Forces to Boost Wind Energy in Caspian Region

(IN BRIEF) WindEurope and the Azerbaijan Renewable Energy Agency have signed a Memorandum of Understanding (MoU) to accelerate the deployment of onshore and offshore wind energy in Azerbaijan and the broader Caspian Sea area. This collaboration aims to leverage Azerbaijan’s … Read the full press release

EMA Validates Marketing Authorisation Applications for AstraZeneca and Daiichi Sankyo’s Datopotamab Deruxtecan in Lung and Breast Cancer Treatment

(IN BRIEF) The European Medicines Agency (EMA) has validated two marketing authorisation applications (MAAs) for datopotamab deruxtecan (Dato-DXd), developed by AstraZeneca and Daiichi Sankyo, for the treatment of nonsquamous non-small cell lung cancer (NSCLC) and hormone receptor (HR)-positive, HER2-negative breast … Read the full press release

Borealis Marks 30 Years of Innovation: Accelerating Industry Transformation and Sustainability

(IN BRIEF) In March 2024, Borealis commemorates its three-decade journey as a pioneer and innovator in the polymers industry, celebrating its contributions to industry advancement and sustainability. Born from a merger between Statoil and Neste, Borealis has evolved into a … Read the full press release

Baden-Württemberg Prepares for Largest Solar Park: Groundbreaking Ceremony Commences

(IN BRIEF) In Langenenslingen, Baden-Württemberg, a groundbreaking ceremony marked the initiation of construction for the region’s largest solar park, set to produce 80 megawatts (MW) of sustainable energy. EnBW, the project’s developer, aims to power approximately 30,000 households with the … Read the full press release

Gasum Expands Filling Station Network to Meet Growing Demand for Biogas in Sweden

(IN BRIEF) Gasum, an energy company, is set to open a new filling station in Vänersborg, Sweden, in collaboration with logistics firm Centralen, aiming to address the increasing demand for biogas across the Nordics. Scheduled to open on March 11, … Read the full press release

ABN AMRO Unveils New Brand Campaign: ‘For Every New Beginning’

(IN BRIEF) ABN AMRO introduces its new brand campaign, centered around the theme of new beginnings, reflecting its commitment to supporting clients in various life events and financial decisions. The campaign, launched with the tagline ‘For Every New Beginning’, emphasizes … Read the full press release

Empathetic Communication Found Effective in Addressing Vaccine Hesitancy, Study Shows

(IN BRIEF) A groundbreaking international study led by the University of Bristol reveals the effectiveness of empathetic correction of misinformation in improving attitudes towards vaccination, particularly among vaccine-hesitant individuals. The research, published in Health Psychology, highlights the significance of empathetic … Read the full press release

Optus Trials Ericsson’s Multi-Operator Radio Dot System for Enhanced Indoor 5G Connectivity

(IN BRIEF) Optus, a leading Australian telecom operator, has conducted successful trials of Ericsson’s high-capacity wideband multi-operator Radio Dot System, positioning itself at the forefront of indoor 5G connectivity innovation. The system promises to deliver high-speed, ultra-low latency, and reliable … Read the full press release

Accenture Bolsters Marketing Transformation with Acquisition of The Lumery

(IN BRIEF) Accenture has announced the acquisition of The Lumery, a Melbourne-based martech consultancy, to enhance its marketing transformation capabilities in Australia. The move reflects Accenture Song’s commitment to helping businesses adapt to evolving customer needs and expectations through technology-driven … Read the full press release

Rheinmetall Secures €300 Million Order for Guided Artillery Rockets

(IN BRIEF) Rheinmetall has clinched a substantial contract to supply a European NATO member with multiple rocket launcher ammunition, marking the company’s foray into rocket artillery and showcasing its strategic portfolio expansion. Valued at over €300 million, excluding VAT, the … Read the full press release

Genetic Study Reveals Potential for Tailored Breast Cancer Screening

(IN BRIEF) A recent genetic study conducted by researchers at the University of Helsinki suggests that genetic risk information could revolutionize breast cancer screening, potentially benefiting one in ten women. The study indicates that a comprehensive genetic risk profile could … Read the full press release

Vodafone and Intel Strengthen Alliance to Optimize Open RAN Algorithms

(IN BRIEF) Vodafone and Intel are extending their collaboration to optimize advanced algorithms for Open Radio Access Networks (RAN) platforms, focusing on enhancing performance and reducing energy consumption. This expansion builds upon their existing research partnership centered in Málaga, Spain, … Read the full press release

Atlas Copco Group Enhances Service Offerings in Hamburg with Acquisition of Compressor Specialist Druckluft-Technik-Nord GmbH

(IN BRIEF) Atlas Copco Group has acquired Druckluft-Technik-Nord GmbH, a compressor distributor based in Bad Oldesloe in the Hamburg area of Germany. With 18 employees, Druckluft-Technik-Nord GmbH specializes in sales and service of compressed air technology. The acquisition aims to … Read the full press release

Atlas Copco Group Strengthens Market Position with Portland-Based Pacific Air Compressors Acquisition

(IN BRIEF) Atlas Copco Group has acquired Pacific Sales & Service, Inc. (Pacific Air Compressors), a distributor of compressors and related equipment based in Portland, Oregon. With 15 employees, Pacific Air Compressors strengthens Atlas Copco’s presence in the Portland area, … Read the full press release