Category Archives: Business

Business Press Releases & News distributed via EuropaWire

MEA Logistics Boost: DHL Global Forwarding Integrates Danzas AEI Emirates Operations

(IN BRIEF) DHL Global Forwarding has successfully completed the acquisition of shares in Danzas AEI Emirates, rebranding all facilities under the DHL name. This integration not only changes the logo and name but also strengthens operational capabilities by incorporating 1,100 … Read the full press release

MAN’s Electric Lion eTruck Almost Sold Out with 700 Orders in 3 Months

(IN BRIEF) In just over three months since its sales launch, the limited edition of MAN’s 2024 model year electric lion eTruck designed for long-distance transport is nearly sold out, with 700 orders and order requests received. Large-scale production is … Read the full press release

Lufthansa Group Selects EAN by Viasat and Deutsche Telekom for Seamless In-Flight Broadband

(IN BRIEF) Lufthansa Group has partnered with Viasat and Deutsche Telekom to equip over 150 aircraft with the European Aviation Network (EAN), delivering high-speed in-flight internet access for passengers flying with Lufthansa, SWISS, and Austrian Airlines. EAN combines satellite coverage … Read the full press release

Ericsson Names Lars Sandström as CFO to Drive Financial Leadership and Innovation

(IN BRIEF) Ericsson has appointed Lars Sandström as its Chief Financial Officer (CFO), Senior Vice President, and Head of Group Function Finance, effective from April 1, 2024. Sandström, currently the CFO of Getinge, a global leader in Medtech, brings a … Read the full press release

T-Systems Becomes Premium Supplier for RISE with SAP, Offering Cloud Transformation Solutions

(IN BRIEF) T-Systems, a prominent IT services provider, has been designated as a premium supplier for “RISE with SAP,” becoming the first SAP partner in Germany to offer a comprehensive suite of services, including infrastructure, technical managed services, business transformation, … Read the full press release

Barco Unveils ClickShare Bar, Revolutionizing Video Conferencing in Meeting Rooms

(IN BRIEF) Barco, a leading player in meeting room technology, has introduced the ClickShare Bar, an innovative video bar designed for small to medium-sized meeting rooms. This all-in-one device combines high-quality audio and video capabilities, offering a seamless wireless conferencing … Read the full press release

Ahlstrom Invests in Molecular Filtration Media Production Line to Enhance Air Quality Solutions

(IN BRIEF) Ahlstrom is reinforcing its position as a leader in the global filtration industry by investing in a new production line for molecular filtration media in Turin, Italy. With a focus on improving air quality in closed environments like … Read the full press release

Ahlstrom Introduces PureLid™: Innovative Fiber-Based Lid for Sustainable Coffee Capsules

(IN BRIEF) Ahlstrom, a leading provider of sustainable specialty materials, has unveiled PureLid™, a revolutionary fiber-based lid for single-serve coffee capsules aimed at supporting the coffee industry’s sustainability efforts. PureLid™ offers a high-performing, home-compostable alternative to aluminum or plastic lids … Read the full press release

Savills Appoints Olivia Sutcliffe to Bolster Social Value Team and Advance Community Impact

(IN BRIEF) Savills has welcomed Olivia Sutcliffe as an Associate in its Social Value team, reinforcing the firm’s commitment to expanding its Savills Earth services. Olivia, a recognized leader in social value, brings a wealth of experience, having previously served … Read the full press release

Infineon and Wolfspeed’s Prolonged Alliance Boosts Silicon Carbide Supply for Sustainable Solutions

(IN BRIEF) Infineon Technologies and Wolfspeed, Inc. have announced the expansion and extension of their long-term 150mm silicon carbide wafer supply agreement. The partnership includes a multi-year capacity reservation agreement and aims to ensure a stable supply chain for silicon … Read the full press release

Saab Secures $101.7 Million Boeing Contract for T-7A Aft Fuselage Systems

(IN BRIEF) Saab has been awarded a contract worth USD 101.7 million by Boeing to manufacture T-7A aft fuselage systems. These systems will be produced at Saab’s advanced manufacturing facility in West Lafayette, Indiana. The contract follows the successful delivery … Read the full press release

Continental Leads Tire Industry in Sustainability with Innovative Technologies

(IN BRIEF) Continental, a leading international tire manufacturer, is at the forefront of sustainability in the industry. The company has integrated sustainable materials like recycled PET and rice husk ash silica from its Conti GreenConcept concept tire into its series … Read the full press release

Coordinated Action Targets Illegal Exports to Russia; Three Suspects Arrested

(IN BRIEF) Eurojust and Europol supported a joint operation by Dutch, German, Latvian, Lithuanian, and Canadian authorities targeting alleged violations of export sanctions to Russia. During the operation, three suspects were apprehended, and 14 locations were searched as part of … Read the full press release

Georgia’s Food Alliance Flourishes with EBRD and EU Support

(IN BRIEF) Food Alliance, a Georgian frozen pastry producer, has received support from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU) through the EU4Business-EBRD Credit Line in Georgia since 2017. This assistance includes modern equipment, … Read the full press release

Digi Communications N.V. Announces the release of the Financial Calendar for 2024

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(PRESS RELEASE) BUCHAREST, Romania, 23-Jan-2024 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) would like to inform its investors and the market that the Financial Calendar for 2024 is available on the official website: www.digi-communications.ro (Investor Relations Section/Financial … Read the full press release

ASSA ABLOY’s South African Security Market Footprint Expands with Amecor Deal

(IN BRIEF) ASSA ABLOY, a global security solutions provider, is set to acquire Amecor (Pty) Ltd, a South African manufacturer specializing in security communication equipment. The acquisition aims to strengthen ASSA ABLOY’s presence in the South African security market and … Read the full press release

EDF Pulse Ventures Backs Spotr’s €4.5 Million Funding for Property Data Revolution

(IN BRIEF) Spotr, a Dutch AI-powered property data platform, has secured €4.5 million in funding from EDF Pulse Ventures and existing investors to advance its mission of creating a vast image-driven property database. This funding will help Spotr address critical … Read the full press release

ING Achieves Milestone: Over 91% of Share Buyback Program Completed

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has reported progress in its €2.5 billion share buyback program, revealing that it repurchased 8,412,700 shares between January 15, 2024, and January 19, 2024, at an average price of €12.72, totaling €107,011,717.14. This is part of the … Read the full press release

BASF to Lead Battery Recycling Efforts for Iveco Group’s Electric Vehicle Fleet

(IN BRIEF) Iveco Group (EXM: IVG) has partnered with BASF (FWB: BAS), a leading global chemical company, to implement a recycling solution for lithium-ion batteries used in Iveco Group’s electric vehicles. This collaboration is in line with Iveco Group’s circular … Read the full press release

Savills Appoints Henry Godsal as Head of Investment Strategy and Asset Management in Cambridge

(IN BRIEF) Savills has expanded its team in Cambridge with the appointment of Henry Godsal as Head of Investment Strategy and Asset Management. Henry, who previously worked at Fineman Ross LLP as an equity partner, brings extensive experience in advising … Read the full press release