Category Archives: Business

Business Press Releases & News distributed via EuropaWire

MYTILINEOS Earns ‘AA’ Rating for ESG Excellence in MSCI Index

(IN BRIEF) MYTILINEOS Energy & Metals has achieved an “AA” excellent rating for Environmental, Social, and Governance (ESG) practices in the Morgan Stanley Capital International (MSCI) index. This recognition comes just one year after MYTILINEOS entered the MSCI ESG index … Read the full press release

Outokumpu Appoints Key Leaders for Feasibility Study in the Americas

(IN BRIEF) Outokumpu has appointed Michael Tecza as Project Director and Hugh Embrey as Technical Project Director to lead an ongoing feasibility study in the Americas. The study aims to increase cold-rolling capacity and explore options for hot-rolling arrangements in … Read the full press release

ANDRITZ to Boost Renewable Energy Capacity at French Waste-to-Energy Center

(IN BRIEF) ANDRITZ, an international technology group, has received an order from Idex, a leading energy services company in France, to supply a third waste treatment line to a waste-to-energy center in Villers-Saint-Paul, near Paris. This extension will increase the … Read the full press release

Shell Completes Sale of 35% Stake in Indonesia’s Masela Block and Abadi Gas Project

(IN BRIEF) Shell Upstream Overseas Services (SUOS) has successfully completed the sale of its 35% participating interest in Indonesia’s Masela Production Sharing Contract (Masela PSC) to PT Pertamina Hulu Energi and PETRONAS Masela Sdn. Bhd (Petronas Masela). This divestment includes … Read the full press release

Investor Conference: Neste’s Q3 2023 Earnings Report Date Revealed

(IN BRIEF) Neste, a leader in renewable and sustainable solutions, will release its financial results for the third quarter of 2023 on October 26, 2023, at 9 a.m. (EET) on its website. Additionally, Neste will host an investor conference call … Read the full press release

AFRY Announces Investor Briefing for Q3 2023 Report with Top Executives

(IN BRIEF) AFRY, a global engineering and consulting company, is inviting investors and analysts to join a presentation of their Q3 2023 report. The event will take place on Friday, October 27, at 10:00 CET and will feature CEO Jonas … Read the full press release

Merck Outlines Resilience and Growth Strategy, Targets Fiscal 2024 for Sales Uptick

(IN BRIEF) Merck, a leading science and technology company, has announced its expectation to return to organic sales growth in fiscal 2024. This was revealed during the company’s Capital Markets Day. Despite challenging market conditions in its Life Science and … Read the full press release

Škoda Auto Expands Production and Export Capabilities with New Parts Expedition Centre in India

(IN BRIEF) Škoda Auto has inaugurated a new Parts Expedition Centre in Pune, India, with a 16,000-square-meter facility dedicated to packaging completely-knocked-down (CKD) kits of the Kushaq and Slavia models produced in India. These kits will be exported to Vietnam … Read the full press release

BASF Announces Sustainable Beauty Days 2023 to Explore Eco-Friendly Practices in Personal Care

(IN BRIEF) BASF is hosting Sustainable Beauty Days 2023 on November 15 and 16, offering interactive sessions on sustainability topics. Thought leaders, scientists, and industry professionals will discuss sustainability trends, the intersection of sustainability and digitalization, new ingredient developments, and … Read the full press release

UK SMEs Report Modest Decline in Business Activity but Maintain Employment Growth in Q3 2023, NatWest SME PMI® Tracker

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) The NatWest SME PMI® Tracker for Q3 2023 indicates a modest reduction in business activity among UK small and medium-sized enterprises (SMEs) in September. Despite this decline, SMEs reported marginal employment gains, while large enterprises saw a renewed … Read the full press release

Atos Strengthens Commitment to Inclusive Digital World with Special Olympics Partnership

(IN BRIEF) In a transformative partnership, global technology leader Atos has joined forces with Special Olympics, a renowned nonprofit organization promoting inclusion through sports for individuals with intellectual disabilities. As part of this collaboration, Atos will provide essential digital services … Read the full press release

Orange Launches AMITIE Subsea Cable, Strengthening Transatlantic Connectivity

(IN BRIEF) Orange has launched the “AMITIE” mega submarine telecommunications cable, providing a transatlantic route connecting the United States and France. With a length of 6,800 km, 16 fiber pairs, and a capacity of 400 Tbps, AMITIE connects Lynn near … Read the full press release

Vattenfall to Unveil Q3 2023 Interim Report – Insights from CEO Anna Borg and CFO Kerstin Ahlfont

(IN BRIEF) In the forthcoming event, Vattenfall, a prominent energy company, will unveil its interim report for the period spanning January to September 2023. The report is scheduled to be published on October 26 at 08:00 CEST on the group’s … Read the full press release

Yueyang Forest & Paper to Achieve Sustainability Goals with ANDRITZ Fiberline Project

(IN BRIEF) ANDRITZ, a global technology group, is relocating and upgrading a fiberline for Yueyang Forest & Paper to produce premium-quality fibers for its advanced paper machine. Originally supplied in 2011, the fiberline will now be moved to Yueyang city, … Read the full press release

Scania Unveils Next-Generation Electric Trucks with Impressive Power and Range

(IN BRIEF) Scania has launched the production of its next-generation battery-electric regional trucks, which offer impressive power, range, and charging capacity. These electric trucks, equipped with green battery cells from Northvolt, can handle gross train weights of up to 64 … Read the full press release

Julien Bras of Grenoble INP-UGA Receives Arkema-Académie des sciences Prize for Sustainable Materials Innovation in Chemistry

(IN BRIEF) Julien Bras, a professor at Grenoble INP-UGA, has been awarded the Arkema-Académie des sciences prize for innovation in chemistry for sustainable materials. This prestigious award, financed by Arkema, recognizes exceptional research contributing to innovative chemistry for sustainable and … Read the full press release

Kapsch TrafficCom Receives Inclusion Award for ‘Responsible Annotation’ Project Supporting People with Disabilities

(IN BRIEF) Kapsch TrafficCom has received an award at the Austria’s Leading Companies ceremony for its “Responsible Annotation” project, which focuses on integrating people with disabilities into the workforce. The project, initiated in 2019, provides opportunities for young individuals at … Read the full press release

Continental Bolsters Mobile Robotics Expertise with Acquisition of KINEXON’s ‘Brain’ Division

(IN BRIEF) Continental has acquired KINEXON’s specialist division for on-board operating systems used in autonomous mobile robots (AMR). This acquisition strengthens Continental’s position in the field of mobile robotics and expands its expertise in software and hardware for AMRs. The … Read the full press release

Servier and Owkin Join Forces to Harness AI for Targeted Therapies in Disease Treatment

(IN BRIEF) Servier, a global pharmaceutical group, has partnered with Owkin, a biotech company specializing in AI-driven drug discovery and diagnostics, to accelerate the development of better-targeted therapies in various disease areas, including oncology. The collaboration aims to leverage AI … Read the full press release

British Gas and Dimplex Launch Innovative 5G-Enabled Electric Storage Heating Tariff

(IN BRIEF) British Gas and Dimplex have collaborated to introduce the British Gas Dimplex Quantum Tariff, a groundbreaking electric storage heating tariff designed for use with the Dimplex Quantum Storage Heater. This advanced heating solution offers lower rates than typical … Read the full press release