Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Eni’s Versalis and Gruppo Boero Unveil Sustainable Breakthroughs for Yachting Sector

(IN BRIEF) Versalis, the chemical company of Eni, has partnered with Gruppo Boero, a leading provider of paint products for the yachting industry, to develop sustainable solutions for yacht manufacturing. Versalis has created eco-friendly hardeners for epoxy systems using over … Read the full press release

Leading Insurer Aviva Welcomes James Hillman as Chief Risk Officer

(IN BRIEF) James Hillman has been appointed as the Chief Risk Officer of Aviva plc, a global insurance company. Currently serving as the CFO of Scottish Widows and Finance Director of Lloyds Banking Group’s Insurance, Pensions, and Investments Division, Hillman … Read the full press release

BASF Strengthens Commitment to Sustainability with Enhanced TripleS Evaluation

(IN BRIEF) BASF, a global chemical company, has updated its sustainability assessment method called TripleS (Sustainable Solution Steering) to further advance its product portfolio towards climate protection, resource efficiency, and circular economy. TripleS, which has been in place since 2012 … Read the full press release

Deutsche Telekom Expands Blockchain Footprint as Validator on Polygon Network

(IN BRIEF) Deutsche Telekom, a leading telecommunications company, has expanded its involvement in blockchain technology by becoming a validator on Polygon, the prominent Ethereum Layer-2 scaling platform. Deutsche Telekom’s subsidiary, Deutsche Telekom MMS, will provide staking and validation services on … Read the full press release

TotalEnergies and Tree Energy Solutions Collaborate on Large-Scale e-NG Production Unit in the United States

(IN BRIEF) TotalEnergies and Tree Energy Solutions (TES) have formed a partnership to develop a large-scale production unit for e-natural gas (e-NG) in the United States. The project aims to produce 100,000 to 200,000 metric tons of e-NG per year … Read the full press release

Consolidation and Focus: Anglo American Streamlines Production Businesses into Two Regions

(IN BRIEF) Anglo American, a global mining company, has announced significant changes to its senior management team and organizational structure. The company has appointed Al Cook as CEO of De Beers, Alison Atkinson as Projects & Development Director, and Monique … Read the full press release

DNV and Emirates Steel Arkan Unite to Lead Transformation towards a Sustainable Future

(IN BRIEF) DNV and Emirates Steel Arkan have formed a strategic partnership to accelerate decarbonization efforts in the steel and building materials producer industry. The five-year collaboration aims to achieve net zero emissions in line with the UAE’s climate neutrality … Read the full press release

Streamlining Corporate Event Communications: Proxymity and Clearstream Launch Innovative Digital Solution

(IN BRIEF) Proxymity and Clearstream have partnered to launch a digital general meeting announcement service in Germany and Luxembourg. The collaboration aims to automate issuer-investor communication, improving proxy voting and corporate event communications. The central platform will enable issuers and … Read the full press release

Loughborough University Start-Up ORB Innovations Acquired by Glidewell for Dental Wearable Technology

(IN BRIEF) Glidewell, a global leader in custom dental solutions, has acquired ORB Innovations, a start-up founded by Loughborough University engineering alumni. ORB Innovations has developed a pioneering technology platform called ORB, which measures physiological parameters and biomechanics. Unique among … Read the full press release

Scania Shifts Focus to Complete Buses and Coaches, Ceases Body Production in Poland

(IN BRIEF) Scania, the leading provider of sustainable mobility solutions, is reshaping its bus and coach business to adapt to a changing market environment. The company will focus on offering complete buses and coaches, leveraging its modular system, extensive service … Read the full press release

Laurent Chenain Takes the Helm of Corporate & Leveraged Finance at Crédit Agricole CIB

(IN BRIEF) Crédit Agricole CIB has announced the appointment of Laurent Chenain as the new Head of Corporate & Leveraged Finance, effective from June 1, 2023. Laurent will be taking over from Jamie Mabilat, who has moved on to the … Read the full press release

Nestlé CFO Transition: François-Xavier Roger Steps Down, Anna Manz Appointed as Successor

Ad hoc announcement pursuant to Art. 53 LR (IN BRIEF) Nestlé has announced the departure of François-Xavier Roger, the Executive Vice President and Chief Financial Officer (CFO), after eight years with the company. Roger has made significant contributions to Nestlé’s … Read the full press release

Metso Invests EUR 37 Million in Mexico for Enhanced Polymer Filter Plate Manufacturing

Metso Invests EUR 37 Million in Mexico for Enhanced Polymer Filter Plate Manufacturing

(IN BRIEF) Metso, a leading provider of sustainable technologies for the mining industry, has begun construction on its first polymer filter plate factory in Irapuato, Mexico. The factory, representing an investment of approximately EUR 28 million, will enhance Metso’s production … Read the full press release

RINA and Eni Collaborate on Green Maritime Initiatives for Energy Transition

(IN BRIEF) RINA and Eni have signed an agreement to collaborate on initiatives aimed at the energy transition and decarbonization of their operations, with a focus on maritime transport. The partnership will explore the use of HVO biofuel produced by … Read the full press release

TotalEnergies Secures 20-Year Renewal for OML130 Production License in Nigeria

(IN BRIEF) TotalEnergies has successfully renewed the production license for OML130 block in Nigeria for an additional 20 years. The block, located off the Nigerian coast, is home to the productive Akpo and Egina fields. In 2022, the block produced … Read the full press release

Neste and ITOCHU Forge Licensing Agreement to Boost Renewable Diesel Distribution in Japan

(IN BRIEF) Neste and ITOCHU have expanded their collaboration through a licensing agreement, enabling ITOCHU to become an official distributor of Neste MY Renewable Diesel™ in Japan. This collaboration aims to increase the availability of renewable diesel in the country, … Read the full press release

APM Terminals Bahrain Unveils USD 10 Million Solar Project, Paving the Way for Renewable Energy in Maritime Operations

(IN BRIEF) APM Terminals Bahrain, the operator of Khalifa Bin Salman Port, has announced the launch of a groundbreaking solar power project worth BHD3.8 million (USD 10 Million). The project aims to make the port energy self-sufficient by the end … Read the full press release

Nettimökki by Alma Media Becomes Finland’s Most Comprehensive Cottage Rental Service

(IN BRIEF) Alma Media introduces an enhanced version of Nettimökki, its cottage rental platform, to meet the growing demand for domestic travel. The COVID-19 pandemic has led to a significant increase in Finnish cottage tourism, with many families opting for … Read the full press release

ANDRITZ to Deliver State-of-the-Art Treatment Lines to Shandong Nanshan Aluminum

(IN BRIEF) Shandong Nanshan Aluminum Co., Ltd has chosen ANDRITZ to supply two continuous heat treatment lines and one continuous process treatment line for their aluminum production in Longkou, Shandong, China. These lines will be used to manufacture aluminum and … Read the full press release

ANDRITZ Supplies Fiber Preparation Line for KEAS’ MDF Production at Balikesir Mill

(IN BRIEF) KEAS, the largest wood panel producer in Türkiye, has successfully started operations of its new fiber preparation line for Medium Density Fiberboard (MDF) production at its Balikesir mill. Supplied by ANDRITZ, the line has a capacity of 60 … Read the full press release