Category Archives: Business

Business Press Releases & News distributed via EuropaWire

DHL Group Completes Acquisition of Turkish Parcel Delivery Company MNG Kargo, Boosting E-commerce Logistics

(IN BRIEF) DHL Group has successfully finalized its acquisition of MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo) and its subsidiaries, following approvals from the Turkish Competition Authority and the Turkish Information and Communications Technologies Authority. MNG Kargo, a … Read the full press release

Vodafone and NTT DOCOMO Outline Roadmap for Automation in Open Radio Area Networks (RAN)

(IN BRIEF) Vodafone and NTT DOCOMO have jointly released their second white paper, outlining a strategic path toward increased automation in Open Radio Area Networks (RAN) for 5G networks. The focus is on reducing manual processes through AI and Machine … Read the full press release

BASF Celebrates 25 Years of ecoflex® Biopolymer, Pioneering Sustainability in Plastics

(IN BRIEF) BASF marks the 25th anniversary of ecoflex® (PBAT: polybutylene adipate terephthalate), the world’s first biodegradable and certified compostable polymer introduced to the plastics market in 1998. Over the years, ecoflex® has gained trust and recognition for its consistent … Read the full press release

Amundi Announces Key Leadership Changes: Aurélia Lecourtier Appointed CFO, Domenico Aiello to Become Deputy CEO of Amundi Italy

(IN BRIEF) Amundi, a prominent asset management firm, has announced key leadership changes slated for November 1, 2023. Aurélia Lecourtier, a former adviser to the Prime Minister and member of the Cour des Comptes, will assume the role of Chief … Read the full press release

Umicore and Volkswagen-Backed PowerCo Unveil IONWAY: A Game-Changing Battery Material Joint Venture

(IN BRIEF) Umicore and Volkswagen Group-backed battery company PowerCo have officially launched their groundbreaking collaboration named IONWAY. This Brussels-based joint venture is focused on large-scale industrial production of CAM (Cathode Active Materials) and pCAM (Precursor Cathode Active Materials) in Europe, … Read the full press release

Volkswagen Collaborates with Mönchehaus Museum to Showcase Kaiserring Awardees Yuri Albert and Vadim Zakharov’s Influential Artwork

(IN BRIEF) The Volkswagen Group is proud to support the annual Kaiserring exhibition in Goslar, featuring the works of the 2023 Kaiserring awardees, Yuri Albert and Vadim Zakharov. This collaboration underscores Volkswagen’s commitment to promoting culture and the arts in … Read the full press release

EBRD Launches Star Venture Program to Boost Palestinian Start-ups in West Bank and Gaza

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced its Star Venture program in the West Bank and Gaza to support high-potential start-ups in enhancing their business performance and fostering growth. This initiative marks the 23rd economy … Read the full press release

European Investment Bank Invests €7.5 Million in Polish Furniture Innovator Tylko’s R&D

(IN BRIEF) The European Investment Bank (EIB) has entered into a financing agreement with Tylko, a pioneering Polish furniture company revolutionizing the industry. With a €7.5 million investment from the EIB, Tylko aims to enhance its research and development (R&D) … Read the full press release

Valeo Receives €150 Million Investment from EIB for Groundbreaking Green Bond

(IN BRIEF) The European Investment Bank (EIB) has invested €150 million in Valeo’s inaugural €600 million green bond issue, aimed at advancing low-carbon mobility and sustainability. This investment aligns with Valeo’s commitment to carbon neutrality by 2050 and supports projects … Read the full press release

De Nora and Hydrolite Collaborate to Advance Green Hydrogen Production Using Anion Exchange Membrane (AEM) Technology

(IN BRIEF) Italian multinational company Industrie De Nora is partnering with Hydrolite Ltd., an energy subsidiary of Elbit Systems, to jointly develop and introduce a new Anion Exchange Membrane (AEM) stack device for generating and using hydrogen. The partnership aims … Read the full press release

Thales Secures Contract to Equip Polish Navy’s MIECZNIK Frigates with Advanced Combat Systems

(IN BRIEF) Thales has secured a contract to provide the TACTICOS integrated combat management system, sonars, air-surveillance and fire-control radars, and a 360° infrared sensor to the Polish Navy’s MIECZNIK frigate program. The contract is a result of a strategic … Read the full press release

Sky Kids Launches ‘Save Our Wildlife’ Documentary and ‘Obki’ Season 3 to Encourage Environmental Awareness in Children

(IN BRIEF) Sky is set to release a new documentary titled “Save Our Wildlife” on October 9, aimed at inspiring children and families to protect the planet. The documentary, in partnership with Sky Zero, follows eight-year-old conservationist Aneeshwar Kunchala and … Read the full press release

Symrise Boosts Strategic Stake in Kobo Products to 49%, Expanding Collaboration in Cosmetics

(IN BRIEF) Symrise AG has increased its stake in Kobo Products Inc., a US-based pigment and powder specialist, to 49%. This expanded partnership aims to strengthen their collaboration in mineral UV filters and decorative cosmetics. It also includes plans to … Read the full press release

CTP Leases 20,000 sqm to Mercata VT for Expansion in CTPark Belgrade City

(IN BRIEF) CTP, the largest listed developer, owner, and manager of industrial and logistics properties in Europe by gross lettable area (GLA), has leased approximately 20,000 sqm of industrial and warehouse space at CTPark Belgrade City to Mercata VT, a … Read the full press release

CTP Achieves BREEAM Outstanding Certification for Groundbreaking Industrial Building in Romania

(IN BRIEF) CTP, a major developer and manager of industrial and logistics spaces in Continental Europe, has achieved the first BREEAM Outstanding certification for an industrial building in Romania. The certified building, BUW 20-21, is part of CTPark Bucharest West … Read the full press release

University of St Andrews Launches Cutting-Edge Centre for Battery Technology with Colin Vincent at the Helm

(IN BRIEF) Professor Colin Vincent, an esteemed electrochemist, officially inaugurated the Centre for Battery Technology at the University of St Andrews Eden Campus. The center specializes in the production of commercial-scale batteries and conducts cutting-edge research on new battery chemistries. … Read the full press release

Merck Partners with UN on Vital Training Course for Family Carers During European Carers Day

(IN BRIEF) Merck, a prominent science and technology company, has entered into a collaboration with the United Nations’ Global Initiative on Ageing (GIA) to offer a training course aimed at equipping family carers with essential skills. The course comprises five … Read the full press release

BAMBI Returns: Germany’s Celebrated Media Awards Marks 75th Anniversary

(IN BRIEF) BAMBI, the renowned German media awards event, is making a comeback in 2023 to celebrate its 75th anniversary. Hubert Burda Media has decided to reinstate the awards ceremony, which was on hiatus for four years due to the … Read the full press release

CEOs Express Concerns About Cybersecurity, Despite Recognizing Its Vital Role in Growth, Says Accenture Report

(IN BRIEF) A report from Accenture titled “The Cyber-Resilient CEO” highlights that 74% of CEOs express concerns about their organizations’ ability to defend against cyberattacks, despite 96% recognizing the importance of cybersecurity for organizational growth and stability. The report points … Read the full press release

AFRY Collaborates with Malta to Drive Offshore Renewable Energy Expansion

(IN BRIEF) AFRY is actively supporting Malta’s ambitious plans to expand its offshore renewable energy capacity. The company is engaged in technical and commercial tasks for Interconnect Malta (ICM), a state-owned entity responsible for energy infrastructure projects. AFRY’s efforts aim … Read the full press release