Category Archives: Business

Business Press Releases & News distributed via EuropaWire

TenneT to build 40 GW of offshore wind energy to fulfill North Sea Energy Summit’s target

(IN BRIEF) Transmission System Operator (TSO) TenneT has collaborated with Hitachi Energy, Petrofac, GE/SMOP and GE/McDermott to develop a new global market standard for 2 GW HVDC systems, a crucial component of TenneT’s innovative 2GW Program. This program consists of … Read the full press release

DNV Achieves Record Turnover in 2022, on Track to Hit Growth Targets

(IN BRIEF) DNV, a provider of assurance and risk management services, has achieved record turnover in 2022, posting revenues of 25,031 million Norwegian Kroner (NOK), a year-on-year growth of 16.6%. The company is well-positioned to achieve its 45% revenue growth … Read the full press release

Das französische Cybersicherheitsunternehmen DataDome erhält in einer Finanzierungsrunde 42 Millionen US-Dollar

(IN KÜRZE) DataDome, ein in Frankreich ansässiges Unternehmen, das eine Plattform zum Erkennen und Blockieren von böswilligem automatisiertem Datenverkehr auf Websites, mobilen Apps und API-Endpunkten anbietet, hat in einer Finanzierungsrunde der Serie C 42 Millionen US-Dollar aufgebracht. Die Runde wurde … Read the full press release

French cyber security firm DataDome raises $42m in funding round

(IN BRIEF) DataDome, a French-based company that provides a platform for detecting and blocking malicious automated traffic on websites, mobile apps, and API endpoints, has raised $42 million in a Series C funding round. The round was led by InfraVia … Read the full press release

Loughborough University’s world-leading gym space equipped with latest technology and training equipment

(IN BRIEF) Loughborough University has opened a brand new extension to its Powerbase gym, doubling its size to 3,200 m2, home to Loughborough’s elite strength and conditioning environment. The facility has been designed to be fully inclusive and accessible, with … Read the full press release

BBVA recognized for commitment to talent development and corporate culture by Gallup

(IN BRIEF) BBVA receives 2023 Gallup Exceptional Workplace Award for commitment to corporate culture and talent development. The award recognizes companies that excel in creating exceptional work environments and developing their workforce. BBVA was chosen as one of the leading … Read the full press release

BBVA’s Global Trade Finance portal offers free access to import-export solutions and information from over 170 countries

(IN BRIEF) BBVA has launched the Global Trade Finance portal to help import export companies streamline their operations and access information to support their international transactions. The free platform provides users with information on BBVA’s trade finance solutions, as well … Read the full press release

NIB signs a EUR 49.2m loan agreement with Demant for hearing technology research and development

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a new seven-year loan agreement with Danish global hearing healthcare company Demant A/S, providing DKK 375 million (EUR 49.2 million) to finance the company’s research and development programme for the 2021-2022 … Read the full press release

EY collaborates with Microsoft to develop Intelligent Payroll Chatbot using Azure OpenAI

(IN BRIEF) EY has announced a deepened collaboration with Microsoft to develop the EY Intelligent Payroll Chatbot as part of the Next Gen Payroll Platform. Using Azure OpenAI Service and EY payroll offerings, the generative AI chatbot is designed to … Read the full press release

Fincantieri and Naval Group joint venture Naviris appoints new Chairman and CEO

(IN BRIEF) Naviris, the joint venture between Italian shipbuilder Fincantieri and French defense company Naval Group, has announced the appointment of Pierroberto Folgiero as Chairman, Damien Raby as CEO, and Enrico Bonetti as COO. The bi-national team is split evenly … Read the full press release

Metso Outotec to divest two of its three Metals businesses

(IN BRIEF) Metso Outotec has announced the divestment of two of its three Metals businesses, Metals & Chemical Processing and Ferrous & Heat Transfer, following a strategic review. The company plans to focus on its Aggregates and Minerals businesses, while … Read the full press release

Associated British Ports announces changes in senior roles to strengthen strategic outlook

(IN BRIEF) UK ports group Associated British Ports (ABP) has announced changes in senior roles to enhance its strategic outlook and engagement, and to boost the growth of its Wales and Short Sea Ports business. After nine years as Regional … Read the full press release

EQT Infrastructure VI Fund to Acquire Lazer Logistics, North America’s Largest Yard Management Services Provider

(IN BRIEF) EQT Infrastructure VI fund, EQT Value-Add Infrastructure, has agreed to acquire Lazer Logistics, North America’s largest provider of outsourced yard management and trailer spotting services, from funds managed by Harvest Partners. With a fleet of 6,000 assets and … Read the full press release

Banijay Appoints Frederic Balmary to Newly Created Chief Business Officer Role

(IN BRIEF) Banijay, a content powerhouse, has announced the appointment of Frédéric Balmary to the newly devised role of Chief Business Officer. Balmary, who previously served as Chief of Staff, will now focus on more business-oriented strategic positions as the … Read the full press release

JUWI’s Wolf Wind Project in South Africa to Generate Electricity for Grid by Q1 2024

(IN BRIEF) JUWI Renewable Energies Pty. Ltd., a leading global solar, wind and hybrid project developer, has announced that the 84 MW Wolf Wind Project in South Africa’s Eastern Cape has reached financial close and construction has started. The project … Read the full press release

Wärtsilä Continues to Strengthen its Position as Major Supplier to LNG Carrier Vessel Sector

(IN BRIEF) Wärtsilä, a technology group, has won a contract to supply reliquefaction systems for eight new LNG carrier vessels owned by various global shipping companies. The orders were booked into Wärtsilä’s order intake in Q1 2023 and reflect the … Read the full press release

Il centro commerciale Pep, una delle 5 migliori destinazioni per lo shopping in Germania, acquisisce nuovi proprietari

(NOTIZIA IN BREVE) Generali Real Estate ed ECE Real Estate Partners hanno acquisito una quota del 50% ciascuno nel centro commerciale Pep, situato nel quartiere Neuperlach di Monaco. L’operazione è stata condotta per conto rispettivamente del Generali Shopping Center Fund … Read the full press release

Zalando, CNMI, and Highsnobiety Host Successful Luxury Fashion Event in Milan

(IN BRIEF) Zalando partnered with Camera Nazionale della Moda Italiana and Highsnobiety to host an event called “Changemakers in Luxury Fashion” in Milan’s Palazzo Citterio. The event recognized some of the leading thinkers in the luxury fashion scene who represent … Read the full press release

Pep Shopping Centre, one of Germany’s top 5 shopping destinations, gains new owners

(IN BRIEF) Generali Real Estate and ECE Real Estate Partners have acquired a 50% stake each in the Pep Shopping Centre, located in Munich’s Neuperlach district. The deal was conducted on behalf of the Generali Shopping Center Fund and the … Read the full press release

Grupa Azoty Police partners with Ultra Safe Nuclear to promote decarbonisation of industrial processes

(IN BRIEF) Grupa Azoty Police, Ultra Safe Nuclear Corporation, and West Pomeranian University of Technology in Szczecin have signed an agreement to develop a nuclear energy research facility based on Ultra Safe Nuclear’s Micro-Modular Reactor (MMR) technology. The first stage … Read the full press release