Category Archives: Business

Business Press Releases & News distributed via EuropaWire

ESET PROTECT Enterprise Named Strategic Leader in 2023 AV-Comparatives EPR Report

(IN BRIEF) ESET PROTECT Enterprise has achieved the prestigious title of Strategic Leader in the 2023 AV-Comparatives Endpoint Prevention and Response (EPR) Comparative Report. The assessment, conducted by AV-Comparatives, found that ESET’s cybersecurity solution excelled in preventing and responding to … Read the full press release

KUKA Marks 125th Anniversary with European Robot Week Celebrations

(IN BRIEF) KUKA, the renowned automation group celebrating its 125th year, has organized a series of events as part of the European Robot Week (ERW) from November 20 to 24, 2023. The theme, “We, you, all celebrate _become a robot … Read the full press release

Borealis Awards Scientific Innovators and Recognizes In-House Talent at Innovation Day

(IN BRIEF) During the Borealis Innovation Day held in Linz, Austria, on October 17, 2023, the Borealis Innovation and Technology team announced the recipients of the Borealis Scientific Innovation Award (BSIA) and the InnoTech Recognitions. The BSIA aims to identify … Read the full press release

BioNTech to Announce Q3 2023 Financial Results and Host Innovation Series

(IN BRIEF) BioNTech SE is set to reveal its financial results for the third quarter of 2023 on November 6th, 2023. The company invites investors and the public to participate in a conference call and webcast at 8:00 a.m. ET … Read the full press release

AstraZeneca and Daiichi Sankyo Gain EU Approval for Enhertu as Monotherapy for HER2-Mutant Lung Cancer

(IN BRIEF) AstraZeneca and Daiichi Sankyo have received European Union (EU) approval for their drug Enhertu as a monotherapy for the treatment of advanced non-small cell lung cancer (NSCLC) in adult patients with activating HER2 mutations who require systemic therapy … Read the full press release

SGS Divests US Powertrain Testing Operations to Columbia River Partners in Strategic Portfolio Move

(IN BRIEF) SGS has signed an agreement to sell its US powertrain testing operations to Columbia River Partners, a private equity firm specializing in industrials, business services, and IT services. The divested operations encompass combustion engine services, powertrain component testing, … Read the full press release

EBRD Invests €75 Million in Poland’s R.Power to Boost Green Energy Expansion

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €75 million in R.Power S.A, a leading renewable energy developer in Poland, to support the expansion of green energy generation across Europe. This marks the EBRD’s second investment … Read the full press release

EBRD Achieves €3 Billion Investment Target to Support Ukraine Amidst Russian Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has successfully met its goal of deploying €3 billion in financing to Ukraine’s real economy in 2022-23 to mitigate the effects of the ongoing conflict with Russia. The investment focuses … Read the full press release

EIB’s Largest-Ever Loan Agreement in Czech Republic Fuels Rail Network Upgrade

(IN BRIEF) The European Investment Bank (EIB) has signed a historic loan agreement worth CZK 24 billion (€992 million) with the Czech Ministry of Finance to support the transformation of the country’s rail network. This monumental financing deal, the largest … Read the full press release

Eni Signs Long-Term LNG Contract with QatarEnergy to Boost Supply and Strengthen Partnership

(IN BRIEF) Eni, in partnership with QatarEnergy LNG NFE (5), has entered into a long-term contract for the North Field East (NFE) project in Qatar. This agreement will facilitate the delivery of up to 1.5 billion cubic meters per annum … Read the full press release

DHL Supply Chain Expands E-Commerce Fulfillment Network with Fourth German Warehouse

(IN BRIEF) DHL Supply Chain has expanded its DHL Fulfillment Network (DFN) by commissioning its fourth e-commerce warehouse in Euskirchen, Germany. This facility will store, pick, pack, and ship orders for a wide range of customers, from large enterprises to … Read the full press release

Global Telco AI Alliance: SK Telecom and Deutsche Telekom Collaborate on Language Model

(IN BRIEF) SK Telecom (SKT) and Deutsche Telekom have teamed up to create a specialized language model for digital customer service assistants in the telecommunications industry. This collaboration is part of the “Global Telco AI Alliance” initiative, and they plan … Read the full press release

Strategic Partnership Forms for Major Offshore Wind Venture in New York and New Jersey

(IN BRIEF) TotalEnergies has joined forces with offshore wind developer Corio Generation and electricity producer Rise Light & Power to develop the Attentive Energy offshore wind project off the coasts of New York and New Jersey. Corio and Rise have … Read the full press release

Philips Collaborates with Tampere Heart Hospital to Enhance Environmental Sustainability

(IN BRIEF) Philips has completed a comprehensive analysis of Tampere Heart Hospital’s environmental sustainability, focusing on interventional cardiology and carbon footprint evaluation. The findings have been transformed into a joint action plan to expedite the hospital’s efforts to achieve net-zero … Read the full press release

Philips Unveils Advanced Cardiology Solutions and Clinical Data at TCT 2023

(IN BRIEF) Philips is set to showcase its latest innovations in cardiology at the Transcatheter Cardiovascular Therapeutics (TCT) annual meeting in San Francisco, USA. The company will present a comprehensive portfolio of image-guided therapy and echocardiography solutions designed to support … Read the full press release

Philips Tops Forbes’ 2023 “World’s Best Employers” List in Health Care Equipment & Services

(IN BRIEF) Philips has once again secured a place on Forbes’ 2023 “World’s Best Employers” list, ranking among the top 100 organizations globally. The company earned the title of the best employer in the Health Care Equipment & Services category. … Read the full press release

Evonik Completes Expansion of Shanghai Catalyst Plant for Green Hydrogen Production

(IN BRIEF) Evonik Industries has successfully relocated and expanded its precious metal powder catalyst plant in Shanghai Chemical Industrial Park (SCIP), with production set to commence in Q4 2023. The company has signed an agreement with Hydrogenious LOHC Technologies to … Read the full press release

bp Commences Full Commercial Operation of Third LNG Train at Tangguh Facility in Indonesia

(IN BRIEF) bp, in collaboration with the Tangguh production sharing contract partners, has initiated full commercial operation of the third liquefaction train at the Tangguh LNG facility located in Papua Barat, Indonesia. The expansion project, which includes the new train, … Read the full press release

Barclays LifeSkills Unveils Bold Initiative to Tackle Unemployment and Bridge Social Divides

(IN BRIEF) Barclays LifeSkills is introducing a new strategy to address unemployment and social inequality, with a focus on underrepresented and underserved groups in the UK. The program aims to provide skills and employment opportunities to individuals facing barriers to … Read the full press release

Vodafone Foundation Launches Zoteria App to Combat Rising LGBTQ+ Hate Crime Across the UK

(IN BRIEF) Vodafone Foundation has introduced the Zoteria app to address the increasing LGBTQ+ hate crime incidents in the UK, particularly affecting trans and LGBTQ+ individuals. The app allows victims to quickly report incidents, receive support, and access educational content … Read the full press release