Category Archives: Business

Business Press Releases & News distributed via EuropaWire

DHL Supply Chain Invests €80 Million in Cork Biomethane Facility for Carbon-Neutral Trucks

(IN BRIEF) DHL Supply Chain has unveiled an €80 million investment plan to operate biomethane-fueled trucks, partnering with Stream BioEnergy to establish a dedicated biomethane production facility in Cork. Biomethane is a renewable gas with the potential for carbon neutrality. … Read the full press release

BASF Launches ‘MyCarbonFootprint’ App to Enhance Sustainability Insights for Customers

(IN BRIEF) BASF has unveiled a new digital application called “MyCarbonFootprint” aimed at providing customers with an improved understanding of the sustainability status of their product portfolio purchased from BASF. This application helps customers identify BASF solutions that align with … Read the full press release

Škoda Auto Celebrates Milestone of Three Million SUVs Produced

(IN BRIEF) Škoda Auto is commemorating a significant achievement as it rolls out its three-millionth SUV, a black Škoda Kodiaq Sportline, at the Kvasiny plant in Roasio, Vercelli, Italy. The production milestone underscores Škoda’s substantial growth in the SUV segment … Read the full press release

ANDRITZ Supports Albis in Advancing Nonwoven Innovation for Hygiene and Medical Applications

(IN BRIEF) International technology group ANDRITZ has successfully commenced operations of a new carding machine and opening/blending line at Albis in Roasio, Vercelli, Italy. This investment marks a significant milestone for Albis in meeting evolving demands and producing innovative nonwoven … Read the full press release

Vattenfall Advances Seabird Tracking with AI Technology at Aberdeen Offshore Wind Farm

(IN BRIEF) Vattenfall has initiated a groundbreaking trial at the Aberdeen Bay Offshore Wind Farm, employing artificial intelligence (AI) technology to track seabird movements. Developed by Norwegian Spoor, this AI technology precisely monitors the 3D flight paths of birds near … Read the full press release

Lenzing Achieves EU Ecolabel Certification for Indonesian Fibers, Reinforces Commitment to Sustainability

(IN BRIEF) The Lenzing Group, a leading provider of specialty cellulose fibers for textiles and nonwoven industries, has attained certification from the prestigious EU Ecolabel for its fibers produced at the Indonesian facility in Purwakarta (PT. South Pacific Viscose). This … Read the full press release

EIF Invests €40 Million in Blume Equity to Boost European Climate Tech Startups

(IN BRIEF) The European Investment Fund (EIF) is injecting €40 million into Blume Equity, a leading European climate tech growth fund, with support from the InvestEU program. This investment, one of EIF’s largest in a first-time growth-stage fund, aims to … Read the full press release

New Names Revealed for Vestide/Woonbedrijf’s Student Housing Buildings on TU/e Campus

(IN BRIEF) The names of three new student housing buildings, comprising a total of 735 units on the TU/e campus, have been unveiled by Roy Beijnsberger, General Director/Board Member of Woonbedrijf, and Robert-Jan Smits, President of the TU/e Executive Board. … Read the full press release

Philips Recognized as One of the World’s Most Trustworthy Companies in International Analysis

(IN BRIEF) Philips has earned recognition as one of the world’s most trustworthy companies in an international analysis conducted by Statista in collaboration with Newsweek. The analysis considered the perspectives of customers, investors, and employees. In the survey, over 70,000 … Read the full press release

Zumtobel Group to Showcase Innovative and Sustainable Lighting Solutions at Light + Building 2024

(IN BRIEF) The Zumtobel Group, comprising the brands Thorn, Tridonic, and Zumtobel, will participate in Light + Building 2024, the world’s leading trade fair for light and building technology. The event is scheduled to take place from March 3 to … Read the full press release

Merck Forms AI-Driven Drug Discovery Collaborations with BenevolentAI and Exscientia

(IN BRIEF) Merck, a prominent science and technology company, has announced strategic drug discovery collaborations with AI technology firms BenevolentAI and Exscientia. These partnerships aim to leverage AI-driven design and discovery capabilities to advance research efforts in key therapeutic areas, … Read the full press release

CTP Reveals Growth Ambitions and Positive Lease Signings in 2023

(IN BRIEF) CTP N.V., Europe’s largest listed owner, developer, and manager of logistics and industrial real estate, hosted its 2023 Capital Markets Day in Brno, Czech Republic, followed by asset tours in multiple countries. During the event, the company highlighted … Read the full press release

Experian Integrates IntoZetta’s Data Governance Capabilities with Aperture Data Studio

(IN BRIEF) Experian has announced the integration of IntoZetta’s data governance capabilities into its Aperture Data Studio, a leading data quality platform. This combination aims to provide clients with enhanced tools to discover, track, and manage their data while ensuring … Read the full press release

Škoda’s Pay to Park Service Wins Car Connectivity Award for Price/Performance Ratio

(IN BRIEF) Škoda’s Pay to Park service, developed by Škoda X, the brand’s center for digital services, has been honored with a Car Connectivity Award in the ‘price/performance stars’ category. In a reader poll organized by the German trade magazine … Read the full press release

Ahlstrom Begins Production of Advanced Synthetic Filter Media in South Korea

(IN BRIEF) Ahlstrom has initiated the production of new synthetic filter media at its Huyn-Poong plant in South Korea, marking its first commercial orders for these materials. The newly produced filter media, which are calendered and embossed, offer extended filter … Read the full press release

Pearson Names Omar Abbosh as CEO, Succeeding Retiring Andy Bird

(IN BRIEF) Pearson plc’s Board has appointed Omar Abbosh as the company’s new Chief Executive Officer and Executive Director, effective in early 2024. Abbosh, an accomplished global leader with over three decades of experience in enterprise technology and a successful … Read the full press release

Landis+Gyr Collaborates with Atlante to Expand EV Charging Infrastructure in Southern Europe

(IN BRIEF) Landis+Gyr, a prominent provider of integrated energy management solutions, has entered into an agreement with Atlante, a subsidiary of the NHOA Group specializing in electric vehicle (EV) charging infrastructure. The partnership aims to enhance EV charging capabilities across … Read the full press release

Thales Collaborates with Intel to Offer End-to-End Data Security with Confidential Computing

(IN BRIEF) Thales and Intel are collaborating to bolster data security by integrating Thales’ CipherTrust Data Security platform with Intel’s verifiable attestation service, Intel Trust Authority. This partnership aims to provide end-to-end data security using confidential computing, benefiting highly regulated … Read the full press release

Jos Dijsselhof, CEO of SIX, Elected as Vice Chairman of the World Federation of Exchanges (WFE)

(IN BRIEF) Jos Dijsselhof, the CEO of SIX, has been unanimously elected as the new Vice Chairman of the World Federation of Exchanges (WFE) during its Annual Meeting. He will serve a two-year term in this role. Previously, Dijsselhof held … Read the full press release

USDA Acknowledges Error in Biofuels Annual Report, Confirms Neste’s Compliance

(IN BRIEF) The USDA has publicly acknowledged an error in its Biofuels Annual Report, specifically regarding allegations of fraudulent used cooking oil (UCO) volumes received by Neste at its Singapore refinery from China. Representatives from the USDA confirmed that the … Read the full press release