Category Archives: Business

Business Press Releases & News distributed via EuropaWire

NIB and Stockholm Exergi Partner for SEK 1.3 Billion Green Energy Investment

(IN BRIEF) The Nordic Investment Bank (NIB) and Stockholm Exergi Holding AB (Publ) have signed a 10-year SEK 1,300 million loan agreement to support critical energy infrastructure projects in Stockholm. This partnership aims to upgrade the district heating network, modernize … Read the full press release

Zinnwald Lithium and Metso Advance Lithium Hydroxide Project in Germany

(IN BRIEF) Zinnwald Lithium Plc (“Zinnwald Lithium”) and Metso are making significant progress in developing a beneficiation plant concept for the Zinnwald Lithium Project, located near Dresden, Germany. This project aims to supply battery-grade lithium hydroxide (LiOH) to the European … Read the full press release

Terna Selects Eoliann and Fast Computing Start-ups for Resilience Challenge Solutions

(IN BRIEF) Terna, Italy’s electricity transmission system operator, has chosen two innovative start-ups, Eoliann and Fast Computing, to collaborate on improving the resilience of the Italian power grid. The Data Science for Resilience challenge, initiated in December 2022, sought digital … Read the full press release

Leica Geosystems Preserves 17th Century Citadelle de Besançon with Advanced Reality Capture Technology

(IN BRIEF) Leica Geosystems, a part of Hexagon, is utilizing cutting-edge reality capture technology to digitally preserve the Citadelle de Besançon, a 17th-century UNESCO World Heritage Site in France. In collaboration with Capture4Cad and the French Government, laser scanners from … Read the full press release

Hexagon Unveils HP-L-10.10 LITE Laser Scanner for Efficient 3D Point Cloud Measurement

(IN BRIEF) Hexagon’s Manufacturing Intelligence division has introduced the HP-L-10.10 LITE laser scanner, a cost-effective solution designed for manufacturers seeking efficient 3D point cloud measurement and increased throughput. This laser scanner, built on Hexagon’s advanced laser line scanning technology, offers … Read the full press release

Zalando Unveils ZEOS: The Operating System for Multi-Channel Fashion Retail in Europe

(IN BRIEF) Zalando, a fashion e-commerce giant, has introduced ZEOS (Zalando E-commerce Operating System), a comprehensive platform designed to revolutionize multi-channel fashion and lifestyle retail in Europe. ZEOS aims to empower fashion brands and retailers to efficiently manage their multi-channel … Read the full press release

Safran Secures 5-Year Contract with Wizz Air for A320 Family Landing Gear Maintenance

(IN BRIEF) Safran Landing Systems has entered into a five-year agreement with Wizz Air to perform Maintenance, Repair, and Overhaul (MRO) operations on 57 aircraft from its A320 family fleet. The MRO services will be conducted at Safran Landing Systems’ … Read the full press release

CFM Enhances Durability of CFM56 Engines with Upgraded High-Pressure Turbine Blade

(IN BRIEF) CFM has introduced an upgraded High-Pressure Turbine (HPT) blade designed to enhance the durability of its CFM56-5B and CFM56-7B engines. This new blade design incorporates insights from millions of engine field hours and includes improvements like increased wall … Read the full press release

McDonald’s and FrieslandCampina Forge Green Partnership to Slash Dairy Supply Chain Emissions

(IN BRIEF) McDonald’s and FrieslandCampina have initiated a strategic partnership with the goal of accelerating the reduction of greenhouse gas emissions in the production of dairy products supplied to McDonald’s restaurants in the Netherlands and Belgium. This collaboration builds on … Read the full press release

Vitesco Technologies and Infineon Deepen Partnership to Boost E-Mobility Efficiency with Billion-Euro Deal

(IN BRIEF) Vitesco Technologies and Infineon Technologies are deepening their longstanding partnership to enhance efficiency and system costs in electrified vehicles. Under a multi-year agreement set to commence in 2027, Vitesco Technologies will integrate Infineon’s AURIX™ TC4x microcontroller family into … Read the full press release

WACKER Unveils Innovative Silicone Rubber Solutions at Fakuma 2023: Non Post-Cure Grades and Laser Marking Pastes

(IN BRIEF) At the Fakuma 2023 international trade fair for plastics processing, Wacker Chemie AG has introduced new silicone rubber grades that eliminate the need for post-curing, offering cost and energy savings. ELASTOSIL® LR 5003 liquid silicone rubber is designed … Read the full press release

Thales and SoyYo Spearhead Passwordless Authentication Revolution for Colombian Users

(IN BRIEF) Thales, a leading global technology and security provider, is expanding its partnership with SoyYo, a Colombian digital identity provider, to introduce FIDO2 passkeys for passwordless authentication. This collaboration aims to enhance online security and user experience by allowing … Read the full press release

Sony Elevates Vatican’s Broadcast Quality and Preservation Efforts

(IN BRIEF) Sony has renewed its partnership with Vatican Media, the official broadcasting institution of the Vatican, to upgrade its broadcast system. The aim of this collaboration is to make Vatican events and activities accessible worldwide with high-quality footage while … Read the full press release

Kuehne+Nagel and SATS Forge Strategic Partnership to Elevate Air Logistics Efficiency and Sustainability

(IN BRIEF) Kuehne+Nagel and SATS Ltd have formalized a Memorandum of Understanding (MoU) to establish a strategic collaboration aimed at enhancing value chain efficiencies and sustainability within the air logistics industry. This partnership builds on their successful joint efforts in … Read the full press release

FLSmidth Expands Global Service Network to Boost Mining Industry Support

(IN BRIEF) FLSmidth Mining is strengthening its worldwide service network by expanding service centers in Karaganda, Kazakhstan, and Tucson, USA. In Karaganda, the existing service center will grow significantly, providing enhanced service capabilities for heavy mining products. In Tucson, a … Read the full press release

FedEx Express Europe Initiates Trial of Renewable Diesel for Long-Distance Trucks in the UK

(IN BRIEF) FedEx Express Europe, a subsidiary of FedEx Corp., has commenced a trial of hydrotreated vegetable oil (HVO) renewable diesel to power five of its company-owned trucks in the United Kingdom. This initiative follows FedEx Express’s earlier adoption of … Read the full press release

New ARES 65 Fast Crew Transfer Vessels by BMT and ARES Set to Enhance Offshore Logistics

(IN BRIEF) BMT and ARES have partnered to introduce the ARES 65 Fast Crew Transfer Vessels (FCTV), designed for Turkish Petroleum’s offshore personnel transfer and logistics. These 20-meter vessels, constructed from lightweight aluminum, can reach a top speed of 47 … Read the full press release

wpd Secures Grid Access for 740 MW Wind Farms in Sweden, Boosting Green Energy Production

(IN BRIEF) wpd, a leading global developer and operator of wind and solar farms, has secured grid access for two wind farms, Broboberget and Lannaberget, in Sweden. The grid connection agreement with Ellevio allows for up to 740 MW of … Read the full press release

Merck to Showcase Oncology Portfolio Advancements at ESMO 2023, Highlighting Key Cancer Treatment Breakthroughs

(IN BRIEF) Merck, a leading science and technology company, is set to present 28 abstracts at the 2023 European Society of Medical Oncology (ESMO) Annual Meeting in Madrid. These abstracts will showcase the latest research on Merck’s oncology portfolio, addressing … Read the full press release

EIB and Commerzbank Collaborate to Offer €400 Million in Loan Guarantees to Medium-Sized Businesses

(IN BRIEF) The European Investment Bank (EIB) and Commerzbank have established a guarantee program to support medium-sized businesses in Germany and the EU. Companies with 250 to 3,000 employees can apply for long-term loans through Commerzbank, with a total of … Read the full press release