Category Archives: Business

Business Press Releases & News distributed via EuropaWire

bp’s Archaea Energy Launches Innovative RNG Plant to Convert Landfill Gas into Sustainable Energy

(IN BRIEF) bp’s Archaea Energy has announced the commencement of operations at its Archaea Modular Design (AMD) renewable natural gas (RNG) plant in Medora, Indiana, following bp’s acquisition of Archaea in December 2022. The Medora plant utilizes landfill gas from … Read the full press release

MAN Delivers First All-Electric Bus in Cape Town, Paving the Way for Emission-Free Urban Transit

(IN BRIEF) MAN Truck & Bus has achieved a significant milestone in urban transit with the handover of the first all-electric complete bus in Cape Town. Unlike its usual practice of offering chassis globally and assembling complete buses locally, MAN … Read the full press release

Honeybees Are Selective Pollinators, Influencing Their Health and Agriculture

(IN BRIEF) An international research group conducted a study to understand which plants honeybees prefer when collecting nectar and pollen. Contrary to the perception of honeybees as generalists, the research found that they are selective in their choices. Honeybees’ selection … Read the full press release

University of Twente Embraces AI in Education with Hackathon and Magazine Launch

(IN BRIEF) The University of Twente (UT) is reaffirming its commitment to harnessing AI’s potential in education through a high-profile AI in education Hackathon and the publication of a groundbreaking magazine on AI in education. UT aims to demonstrate the … Read the full press release

M&S and YoungMinds Partner to Tackle Youth Mental Health Issues

(IN BRIEF) Marks & Spencer (M&S) and YoungMinds, a leading youth mental health charity, have joined forces to address the mental health challenges faced by young people. A new partnership has been formed to raise awareness and funding for resources … Read the full press release

Continental Engineering Services Names Jean-Michel Verdier as New Managing Director

(IN BRIEF) Continental Engineering Services (CES) has appointed Jean-Michel Verdier as its new Managing Director, effective from September 1, 2023. Verdier, an engineering professional with extensive experience in the automotive industry, takes over from Dr. Christoph Falk-Gierlinger, who served in … Read the full press release

Continental to Showcase Innovative Smart Farming Solutions at Agritechnica 2023

(IN BRIEF) Continental, a technology company, is set to unveil its latest smart farming solutions at Agritechnica 2023, under the theme “Our Smart Farming. For your harvest of tomorrow.” These solutions include AI-based systems, autonomous mobile robot solutions, sensors, and … Read the full press release

Infineon Strengthens IoT and Automotive Portfolio with Acquisition of UWB Pioneer 3db Access AG

(IN BRIEF) Infineon Technologies AG has successfully acquired Zurich-based startup 3db Access AG, a leading provider of secured low-power Ultra-Wideband (UWB) technology. 3db is already recognized as a preferred IP provider for major automotive brands. This acquisition represents a significant … Read the full press release

Voith Hydro Invests in Upgrading Flagship U.S. Hydropower Manufacturing Facility to Support Clean Energy Growth

(IN BRIEF) Voith Hydro is making significant investments in its North American manufacturing facility located in York, Pennsylvania. These investments involve the acquisition of cutting-edge machinery, including a Pietro Carnaghi AP 120 TM Vertical Turning Lathe (VTL) and a PAMA … Read the full press release

Roche’s Evrysdi Shows Promise in Pre-Symptomatic SMA Babies, Potentially Changing the Course of the Disease

(IN BRIEF) Roche has reported positive outcomes from the RAINBOWFISH study, an investigation into the efficacy and safety of Evrysdi® (risdiplam) in babies with pre-symptomatic spinal muscular atrophy (SMA). The study, which included 26 infants aged from birth to six … Read the full press release

Henkel Unveils Universal Heat Seal Coating, Loctite Liofol HS 1181, Enhancing Efficiency and Safety in Packaging

(IN BRIEF) Henkel has introduced Loctite Liofol HS 1181, a universal heat seal coating designed to simplify and enhance safety in food packaging production. Traditionally, manufacturers have needed various heat seal coatings to ensure performance and safety, adding complexity and … Read the full press release

University of Dundee Hosts Inaugural Green Careers Event to Promote Sustainability in Employment

(IN BRIEF) The University of Dundee is organizing its first-ever Green Careers Event on October 9, aimed at allowing employers to showcase their commitment to environmental sustainability to students and graduates. The event is a response to student demands for … Read the full press release

Associated British Ports (ABP) Explores Offshore Wind Infrastructure Development in Cromarty Firth

(IN BRIEF) Associated British Ports (ABP) has unveiled plans to investigate the potential development of infrastructure in the Cromarty Firth, Scotland, to support offshore wind (OSW) manufacturing, assembly, and marshalling, as well as green energy initiatives. This area, located within … Read the full press release

Sanofi and Teva Collaborate on Inflammatory Bowel Disease Treatment, TEV’574, in $1.5 Billion Deal

(IN BRIEF) Sanofi and Teva Pharmaceuticals have announced a collaboration to co-develop and co-commercialize TEV’574, a promising asset currently in Phase 2b clinical trials for the treatment of Ulcerative Colitis and Crohn’s Disease, both forms of inflammatory bowel disease (IBD). … Read the full press release

Atos Appoints Yves Bernaert as CEO to Lead Transformation Plan

(IN BRIEF) Atos’s Board of Directors has named Yves Bernaert as the new Chief Executive Officer (CEO) of the Atos Group, effective immediately. Bernaert’s appointment comes as the company completes its internal operational separation into two separate entities. He brings … Read the full press release

Skanska Secures $85 Million Contract for Ambulatory Care Cancer Center in New Jersey

(IN BRIEF) Skanska has entered into an additional contract with RWJBarnabas Health to construct a new ambulatory care cancer center in Livingston, New Jersey, USA. The contract, valued at USD 85 million (approximately SEK 900 million), will be part of … Read the full press release

Sandoz Group Lists Shares on SIX Swiss Exchange with CHF 10.3 Billion Market Capitalization

(IN BRIEF) Sandoz Group AG, a Novartis spin-off, officially listed its shares at the SIX Swiss Exchange. With an opening share price of CHF 24.00, the market capitalization of Sandoz reached approximately CHF 10.3 billion. Sandoz’s issued share capital consists … Read the full press release

World Bank, EBRD, and EIB Strengthen Cooperation in Internal Audit Oversight

(IN BRIEF) The World Bank Group Internal Audit (GIA), European Bank for Reconstruction and Development Department of Internal Audit (EBRD-IA), and European Investment Bank Internal Audit Department (EIB-IA) have signed memoranda of understanding to enhance collaboration, particularly in information exchange, … Read the full press release

T-Systems Achieves Google Cloud Premier Partner Status and Security Specialization

(IN BRIEF) T-Systems, the IT business customer division of Deutsche Telekom, has secured Premier Partner status in the Sell and Service Engagement Model with Google Cloud, the highest possible partner level, and earned the prestigious Security Specialization for its Google … Read the full press release

Green Electricity Deal: Iberdrola and TMD Friction Services Join Forces

(IN BRIEF) Iberdrola and TMD Friction Services have signed a 15-year contract for the supply of green electricity. Iberdrola will provide approximately 50 GWh of clean energy per year to cover over 50% of TMD’s electricity demand in Germany starting … Read the full press release