Category Archives: Business

Business Press Releases & News distributed via EuropaWire

GRAHAM Achieves £1 Billion Turnover Milestone, Demonstrating Strong Growth and Commitment to Sustainability

(IN BRIEF) GRAHAM, a leading national contractor and developer, has achieved a significant milestone by surpassing £1 billion in turnover. The company’s recently published accounts show a 15.3% increase in revenue compared to the previous year, reaching £1.094 billion. GRAHAM’s … Read the full press release

Researchers Unlock the Mystery of Microgels’ Behavior, Paving the Way for New Applications

(IN BRIEF) Researchers at the Paul Scherrer Institute (PSI) and the University of Barcelona have provided experimental proof for the behavior of microgels, soft particles made of polymers, in colloids. The phenomenon, known as the shrinking of microgels, occurs when … Read the full press release

Iberdrola and AEDIVE Form Alliance to Drive Electrification of Heavy Road Transport in Spain

(IN BRIEF) Iberdrola and the Business Association for the Development and Promotion of Electric Mobility (AEDIVE) have formed an alliance to accelerate the electrification of heavy road transport in Spain. The initiative aims to combat climate change, improve fuel efficiency, … Read the full press release

Schneider Electric to Upgrade Serbia’s Electrical Distribution Network for Improved Reliability and Reduced Losses

(IN BRIEF) Schneider Electric has signed a contract to supply medium voltage equipment and grid management software for the upgrade of Serbia’s electrical distribution network. The project aims to improve network reliability, reduce power outages, and decrease technical and non-technical … Read the full press release

ZF Unveils Comprehensive eMobility Kit for Commercial Vehicle Electrification

(IN BRIEF) ZF’s Commercial Vehicle Solutions (CVS) division has introduced its latest eMobility kit, which includes all the necessary technologies for commercial vehicle manufacturers to electrify their vehicles. The product range encompasses all-electric central drives, axle drives, and eComponents, making … Read the full press release

Voith Extends #VoithCares Program to Support Employee Volunteer Work Worldwide

(IN BRIEF) Voith has launched the #VoithCares program in collaboration with the Hanns Voith Foundation to support the volunteer work of its employees worldwide. In the first round, 50 nonprofit projects were selected and received financial support totaling 50,000 euros. … Read the full press release

L&T and Navantia Collaborate for Indian Navy’s P75 Submarine Program

(IN BRIEF) Larsen & Toubro (L&T) and Navantia, Spain, have signed a Teaming Agreement for the Indian Navy’s P75 (India) submarine program. The agreement aims to submit a bid for the program, which involves the delivery of six conventional submarines … Read the full press release

TotalEnergies Receives Highest Recognition in FIA Road Safety Index, Advocating for Safer Operations

(IN BRIEF) The Fédération Internationale de l’Automobile (FIA), in collaboration with AFRY, has introduced the FIA Road Safety Index, a tool to measure and improve organizations’ and companies’ safety practices. At the Vision Zero Conference, TotalEnergies became the first private … Read the full press release

Breakthrough in Light Imaging: Researchers Revolutionize Optical Coherence Tomography for Disease Diagnosis

(IN BRIEF) An international team of researchers, including scientists from the University of St Andrews, has made a breakthrough in the field of optical coherence tomography (OCT), a critical form of light imaging used in various medical applications. Published in … Read the full press release

Skanska Secures USD 91M Contract Amendment for OHSU Hospital Expansion Project in Portland

(IN BRIEF) Skanska, a construction company, has announced a contract amendment with Oregon Health & Science University (OHSU) for its Hospital Expansion Project in Portland, USA. The contract amendment is valued at USD 91 million and includes various construction activities … Read the full press release

Professor Frank Baaijens Receives Huiskes Medal for Pioneering Contributions in Biomechanics and Tissue Engineering

(IN BRIEF) Professor Frank Baaijens from Eindhoven University of Technology (TU/e) has been awarded the prestigious Huiskes Medal for his remarkable contributions to the field of Biomechanics. Baaijens’ innovative research and application of biomechanics have led to groundbreaking developments in … Read the full press release

Alstom and Schneider Electric Enter Solar Power Purchase Agreement to Drive Decarbonization Efforts

(IN BRIEF) Alstom and Schneider Electric have announced a significant Power Purchase Agreement (PPA) focused on solar development in Spain. The PPA involves a 160 GWh/year solar farm project, which will cover around 80% of Alstom’s electricity consumption in Europe. … Read the full press release

Alstom’s Economic Impact in UK and Ireland Exceeds £1 Billion, Spearheading Sustainable Rail Innovation

(IN BRIEF) Alstom, a global leader in smart and sustainable mobility, releases its 2023 Economic Impact Report, revealing its significant contribution to the UK and Ireland. With roots tracing back to the world’s first locomotive works in Newcastle, Alstom has … Read the full press release

Alstom Delivers First Art-Inspired Train for Mexico’s Tren Maya Project, Promoting Smart and Sustainable Mobility

(IN BRIEF) Alstom, a global leader in smart and sustainable mobility, has delivered the first train of the Tren Maya project to the Federal Government and FONATUR. The train cars, known as Xiinbal, showcase Mexico’s art culture with vibrant colors … Read the full press release

RWE Secures Triple Victory in French Onshore Wind Auction

(IN BRIEF) RWE, a prominent renewable energy developer, has achieved triple success in an onshore wind auction in France. The Commission de regulation de l’énergie (CRE) has awarded RWE three onshore wind projects, totaling 43.5 megawatts (MW) of capacity. The … Read the full press release

Tokio Marine Kiln Strengthens Position in Cyber Market with Expert Appointments

(IN BRIEF) Tokio Marine Kiln (TMK), a leading specialist insurer, announces key appointments and changes to expand its presence in the cyber market. Aoife Woulfe becomes the head of delegated cyber, focusing on developing TMK’s small and medium enterprise cyber … Read the full press release

New Apprenticeship Scheme by Tokio Marine Kiln Offers School Leavers Hands-On Experience in Insurance Industry

(IN BRIEF) Tokio Marine Kiln (TMK) is launching its first apprenticeship scheme, providing school leavers with an opportunity to explore a career in insurance. The scheme offers a 2-3 year program in underwriting, claims, operations, or IT, with rotations across … Read the full press release

Continental AG to Phase Out Business Activities at Gifhorn Plant by 2027, Affecting Jobs

(IN BRIEF) Continental AG has announced plans to phase out business activities at its Gifhorn plant by the end of 2027. The measures include relocating assembly operations, outsourcing production, and relocating the replacement part business. These actions are in response … Read the full press release

Terna and University of Salerno Introduce Second Edition of Tyrrhenian Lab Master’s Degree for Digitalization of Electricity System

(IN BRIEF) Terna, the company managing the national transmission grid in Italy, has presented the second edition of the 2nd-level Master’s Degree in “Digitalisation of the electricity system for the energy transition” as part of the Tyrrhenian Lab project in … Read the full press release

Infineon Collaborates with Edge Impulse to Enhance AI Development Tools for PSoC 63 Bluetooth LE MCUs

(IN BRIEF) Infineon Technologies AG has partnered with Edge Impulse to expand its Tiny Machine Learning-based AI development tools for the PSoC 63 Bluetooth LE microcontroller. This collaboration enables developers to build edge Machine Learning (ML) applications using Edge Impulse … Read the full press release