Category Archives: Business

Business Press Releases & News distributed via EuropaWire

DNV Report: Maritime Industry Must Prioritize Safety amidst Decarbonization and Digitalization

(IN BRIEF) A new report by DNV and Lloyd’s List Intelligence highlights the need for the maritime industry to prioritize safety amidst transformative changes. The report reveals a significant increase in safety incidents related to machinery damage or failure. It … Read the full press release

German Exclusive Economic Zone: Public Participation Begins for Ostwind 3 Project

(IN BRIEF) The public participation phase has begun for the sea route and offshore transformer substation of the Ostwind 3 project in the German Exclusive Economic Zone (EEZ). The Federal Maritime and Hydrographic Agency (BSH) is accepting comments from public … Read the full press release

TotalEnergies Expands Offshore Portfolio in Suriname through Strategic PSC Agreements

(IN BRIEF) TotalEnergies and its partners have signed Production Sharing Contracts (PSC) with Staatsolie Maatschappij Suriname for offshore Blocks 6 and 8 in Suriname. TotalEnergies will operate the blocks with a 40% interest, while QatarEnergy holds 20% and Paradise Oil … Read the full press release

Siemens to Provide End-to-End Solutions for Cellforce Gigafactory in Groundbreaking Partnership

(IN BRIEF) Cellforce and Siemens have formed a strategic partnership to revolutionize the automotive market by accelerating battery manufacturing. Under the agreement, Siemens will provide automation and digitalization technology to support Cellforce’s gigafactory in Germany. The collaboration aims to enhance … Read the full press release

Digi Communications N.V. announces the release of the Q1 2023 financial results

(PRESS RELEASE) BUCHAREST, Romania, 15-May-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the Q1 2023 financial results are available on the Company’s website. For more details, please see: https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/quarterly-reports-shares Also, today at 14:00 UK time … Read the full press release

STM32 Summit 2023: STMicroelectronics Showcases Next-Generation Semiconductor Solutions

(IN BRIEF) STMicroelectronics, a global semiconductor leader, will be hosting the 2023 STM32 Summit on May 12th and 13th in Shenzhen, China. The summit will showcase the latest STM32 products and solutions, focusing on the theme “STM32 More Than Silicon” … Read the full press release

Rheinmetall to Supply European Customer with Artillery Ammunition in Multi-Million Euro Deal

(IN BRIEF) Rheinmetall has been awarded a contract to supply artillery ammunition to a European customer. The contract is valued in the mid-double-digit million-euro range, and delivery is scheduled for 2023 and 2024. This contract highlights Rheinmetall’s expertise in ammunition … Read the full press release

Landmark Partnership: Unilever Joins FIFA Women’s World Cup 2023™ as Official Personal Care Sponsor

(IN BRIEF) Unilever personal care brands, including Rexona, Dove, Lifebuoy, and Lux, have been announced as the Official Sponsors of the FIFA Women’s World Cup 2023. This partnership is a first for FIFA, as it includes personal care brands across … Read the full press release

European Investment Bank Backs Wingcopter’s Pioneering Drone Delivery Technology with €40 Million Investment

(IN BRIEF) The European Investment Bank (EIB) is investing €40 million in Wingcopter, a European drone delivery technology company. Wingcopter’s electrically powered unmanned aircraft have already been successfully used in small-scale commercial and humanitarian projects, including delivering medical supplies in … Read the full press release

Henkel and UPM Specialty Papers Push Boundaries of Paper Packaging with Grease-Resistant Solutions

(IN BRIEF) Henkel and UPM Specialty Papers have partnered to develop innovative coating technologies for fiber-based packaging. The collaboration aims to enhance the performance and sustainability of paper packaging by creating recyclable solutions with superior grease resistance and heat-sealability, providing … Read the full press release

RWE Advances Growing Green Ambitions: Expands Renewable Energy Holdings and Achieves Strong Q1 Performance

(IN BRIEF) RWE, the European energy company, is rapidly implementing its Growing Green strategy with substantial investments in the first quarter of 2023. The company added 4.9 GW to its green portfolio, spending €8.0 billion on acquisitions, including the Con … Read the full press release

Leading the Charge: Volvo Trucks Leads the Way in Heavy Electric Truck Market

(IN BRIEF) Volvo Trucks has established itself as the leader in the heavy electric truck market in both Europe and North America during the first quarter of 2023. With nearly 5,000 electric trucks sold across approximately 40 countries, Volvo Trucks … Read the full press release

Aurubis Continues Growth Trajectory, Raises Full-Year Expectations Based on Stellar Half-Year Results

(IN BRIEF) Aurubis AG, a multimetal company, is experiencing strong growth as it raises its full-year forecast based on impressive half-year results. The company generated operating earnings before taxes (EBT) of €291 million in the first half of the fiscal … Read the full press release

Serbian SME Papir Print converts waste gases to energy and installs solar panels with EBRD and EU support

(IN BRIEF) Serbian company Papir Print has invested in a thermal oxidation plant that converts waste gases into heating and cooling energy, as well as a rooftop solar power plant, with the support of the EBRD and the EU. The … Read the full press release

myDHLi Portal Introduces New Features to Boost Productivity, Resilience and Sustainability for DHL Global Forwarding Customers

(IN BRIEF) DHL Global Forwarding has introduced new features and updates to its myDHLi customer portal, aimed at improving logistics performance, resilience, and sustainability. The upgrades were unveiled during the third myDHLi Digital Summit, broadcast live from the transport logistic … Read the full press release

Messer to Use BASF’s OASE® Blue Technology for CO2 Recovery Plant in Austria

(IN BRIEF) Industrial gases specialist, Messer, plans to launch a CO2 recovery plant in Austria in 2024, using BASF’s OASE® blue technology to recover CO2 from an industrial company’s flue gas. The recovered CO2 will be refined to food grade … Read the full press release

InvestEU-Backed EIF Guarantees to Enable UniCredit Group to Provide Favorable Loans to 2,500 SMEs

(IN BRIEF) The European Investment Fund (EIF) has provided UniCredit Group with two guarantees worth €370 million to support investment by small and medium-sized businesses (SMEs) across seven EU countries. The transactions are backed by InvestEU, the European Union’s long-term … Read the full press release

Barry Callebaut strengthens commitment to transparency with 100% certified or verified cocoa and ingredients target by 2030

(IN BRIEF) Barry Callebaut, the world’s leading chocolate and cocoa products manufacturer, has announced a set of refined sustainability targets for its Forever Chocolate plan. The company aims to make sustainable chocolate the norm, with targets to achieve by 2030 … Read the full press release

Steves & Sons partners with ANDRITZ for advanced refining technology in Georgia

(IN BRIEF) International technology group ANDRITZ has received an order from Steves & Sons, Inc. to supply two pressurized refining systems for Steves’ new mill in Athens, Georgia. The state-of-the-art systems will process a mix of hardwood and softwood chips … Read the full press release

Kuehne+Nagel opens new fulfilment centres for Elanco in West China

(IN BRIEF) Kuehne+Nagel, a logistics company, has opened two new fulfilment centers in Chengdu, West China, for Elanco, a leading animal healthcare company. The new facilities include a manufacturing warehouse and a distribution center for finished products, both of which … Read the full press release