Category Archives: Business

Business Press Releases & News distributed via EuropaWire

DNV and industry partners collaborate on wind farm control technology for increased energy output

(IN BRIEF) DNV, the independent energy expert and assurance provider, has launched a joint industry project (JIP) alongside wind farm owners, turbine manufacturers, and other sector experts to increase confidence in innovative wind farm control (WFC) technology. The project covers … Read the full press release

Crédit Agricole Consumer Finance acquires FCA Bank and renames it Crédit Agricole Auto Bank

(IN BRIEF) Crédit Agricole Consumer Finance has renamed its newly-acquired FCA Bank as Crédit Agricole Auto Bank. The acquisition comes as a powerful lever for the bank to support its clients in environmental and energy transitions in the automotive industry. … Read the full press release

GTT wins contracts to design tanks for three LNG carriers

(IN BRIEF) French engineering company GTT has secured two orders for three new Liquefied Natural Gas Carriers (LNGCs) from the Korean shipyard Daewoo Shipbuilding & Marine Engineering. The deal involves GTT designing the tanks of the vessels, which will each … Read the full press release

ANDRITZ delivers circular textile-to-nonwoven recycling line to Novafiber in Guatemala

(IN BRIEF) ANDRITZ has completed the installation of a mechanical textile recycling line and an airlay line at Novafiber’s nonwovens production mill in Palín, Guatemala. The recycling line processes post-industrial textile waste from Central America, which is then used by … Read the full press release

Anglo American partners with H2 Green Steel for low-carbon steel production trials

(IN BRIEF) Anglo American has signed a memorandum of understanding with H2 Green Steel to collaborate on the advancement of low carbon steelmaking processes. Under the agreement, the two companies will study and trial the use of premium quality iron … Read the full press release

Aegon to Focus on Core Activities, Sells UK Protection Book to Royal London

(IN BRIEF) Aegon UK has sold its individual protection book to Royal London as part of its strategy to focus on core Retail and Workplace platform activities in the UK. The portfolio of life, critical illness, and income protection policies … Read the full press release

Orange Cyberdefense Launches New Recruitment Drive to Meet Growing Demand for Cybersecurity Services

(IN BRIEF) Orange Cyberdefense, a European leader in cybersecurity services, has launched a recruitment campaign to hire around 800 professionals across 9 European countries where it operates until the end of 2023. The roles are available across the entire organization, … Read the full press release

Leadership Changes at BASF: Dratt Takes Over Global Business Services, Ehrhardt to Lead North America

(IN BRIEF) BASF has announced personnel changes, with Tobias Dratt, President of North America for BASF Corporation, taking on the role of the Division Global Business Services. The position will be effective from May 1, 2023. Marc Ehrhardt, the current … Read the full press release

Deutsche Telekom introduces “Campus Network M with Industrial Frequencies” for business customers

(IN BRIEF) Deutsche Telekom has launched a new product, “Campus Network M with Industrial Frequencies”, which allows businesses to have their own private 5G network, with the benefits of dedicated bandwidth, guaranteed availability, and full 5G performance without investing in … Read the full press release

Societe Generale doubles start-up participants in sustainability-focused incubator programme

(IN BRIEF) Societe Generale’s Global Markets Incubator has welcomed 11 sustainability-focused start-ups to its program, selected from over 140 applicants addressing the finance industry’s ESG concerns, including carbon emissions quantification, impact tracking and measurement, and biodiversity. Participants in the six-month … Read the full press release

Aviva insures £400m in pension liabilities for DB (UK) Pension Scheme

(IN BRIEF) Aviva has completed a £400 million bulk purchase annuity buy-in transaction with the trustees of the DB (UK) Pension Scheme, which will insure the defined benefit pension liabilities for almost 1,300 members, removing the investment and longevity risk … Read the full press release

Siemens Xcelerator partners with NTT Com and NTT DATA to enable climate-neutral production

(IN BRIEF) Siemens has partnered with Japan-based companies NTT Com and NTT DATA to create a one-stop portfolio to decarbonize industry by enabling climate-neutral production using materials from a sustainable supply chain. The three companies will develop a range of … Read the full press release

Casino Group stärkt Organisationsstruktur mit neuem CEO für Casino Banners

(IN KÜRZE) Magali Daubinet-Salen wurde zum neuen Chief Executive Officer von Casino Banners ernannt, zu dem die Geschäfte #Hyper Frais, Casino Supermarchés und Casino Proximités gehören. Sie ersetzt Tina Schuler und bringt einen reichen Erfahrungsschatz aus ihren früheren Rollen innerhalb … Read the full press release

Casino Group strengthens organizational structure with new CEO for Casino Banners

(IN BRIEF) Magali Daubinet-Salen has been appointed as the new Chief Executive Officer of Casino Banners, which includes the #Hyper Frais, Casino Supermarchés, and Casino Proximités stores. She replaces Tina Schuler and brings with her a wealth of experience from … Read the full press release

BNP Paribas Personal Finance strengthens position as European leader in personal financing with Stellantis partnership

(IN BRIEF) BNP Paribas Personal Finance has become the exclusive partner for Stellantis’ captive for financing activities, serving all its brands across Germany, Austria, and the UK. This move almost doubles the assets of BNP Paribas Personal Finance in Germany … Read the full press release

EBRD, IFC, and TBC Bank provide $28.3m capital injection to support TBC Bank Uzbekistan’s growth and digitalisation

(IN BRIEF) The EBRD, IFC, and TBC Bank Group have invested an additional $28.3 million in TBC Bank Uzbekistan, solidifying the bank’s position in Uzbekistan’s banking industry and promoting further digitalization of the country’s banking sector. The capital injection follows … Read the full press release

Swisscom Maintains Quality Service Provision with Best Mobile Hotline in German-Speaking Countries

(IN BRIEF) Swisscom’s hotline has been named the best in Switzerland according to a recent connect test, making it the best mobile hotline among the German-speaking countries. Swisscom achieved full marks for availability, which was rated as outstanding, and waiting … Read the full press release

TUM Professor Matthias Hebrok awarded Bavarian Distinguished Professorship for stem cell and organoid research

(IN BRIEF) Matthias Hebrok, a biologist and medical researcher, has been awarded a Bavarian Distinguished Professorship to support his scientific activities as Professor of Applied Stem Cell and Organoid Systems at the Technical University of Munich (TUM). Hebrok is highly … Read the full press release

Bayer awards grants and mentorship to innovative agriculture researchers

(IN BRIEF) Bayer has announced the recipients of its 2023 Grants4Ag program, which will provide funding and mentorship to researchers working on sustainability and biotechnology in agriculture. The program will award grants ranging from €5,000 to €15,000 and connect researchers … Read the full press release

El nuevo centro logístico de Kuehne+Nagel ofrecerá soluciones de almacenamiento a los clientes del sector sanitario y farmacéutico

(NOTICIA EN BREVE) Kuehne+Nagel, una empresa de logística global, ha abierto un nuevo centro de cumplimiento de logística de contratos en el Aeropuerto Internacional de Dallas/Fort Worth. El centro logístico de 400 000 pies cuadrados está ubicado a tres millas de … Read the full press release