Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Stora Enso Unveils New Reporting Structure, Enhances Transparency

(IN BRIEF) Stora Enso has announced changes to its segment reporting effective from January 1, 2023. The company has restated comparative figures for its segment reporting in 2021 and 2022, and the new reporting segments include Packaging Materials, Packaging Solutions, … Read the full press release

Die führende finnische Anwältin Micaela Thorström tritt Stora Enso als EVP, Legal und General Counsel bei

(IN KÜRZE) Stora Enso, ein weltweit führender Anbieter erneuerbarer Lösungen in den Bereichen Verpackung, Biomaterialien, Holzkonstruktionen und Papier, hat Micaela Thorström mit Wirkung zum April 2023 zu seiner neuen Executive Vice President, Legal and General Counsel ernannt. Thorström verfügt über … Read the full press release

Leading Finnish Lawyer Micaela Thorström Joins Stora Enso as EVP, Legal and General Counsel

(IN BRIEF) Stora Enso, a leading global provider of renewable solutions in packaging, biomaterials, wooden constructions, and paper, has appointed Micaela Thorström as its new Executive Vice President, Legal and General Counsel, effective April 2023. Thorström has over two decades … Read the full press release

QuSecure and Accenture Successfully Test Quantum-Resilient Data Communications Over Multiple Satellite Orbits

(IN BRIEF) Post-quantum cybersecurity company QuSecure, in collaboration with Accenture, has successfully completed the first multi-orbit data communication test secured with post-quantum cryptography (PQC). The transmission was made via a secure channel from Earth to a low Earth orbit (LEO) … Read the full press release

The Ocean Race, Virtual Regatta and Accenture offer e-commerce opportunities in new metaverse experience

(IN BRIEF) The Ocean Race, in collaboration with Virtual Regatta and Accenture, has launched a metaverse experience pilot to engage fans and businesses in the world-renowned yacht race. The metaverse environment allows gamers and enthusiasts to take part in exclusive … Read the full press release

Banedanmark awards AFRY with framework agreement for technical inspections on railway projects

(IN BRIEF) AFRY has been awarded a 4-year framework agreement by Banedanmark, the state-owned railway network in Denmark. The agreement involves technical inspections on all of Banedanmark’s ongoing and upcoming projects. AFRY’s experts in transportation, buildings, and energy will carry … Read the full press release

Social enterprise aims to tackle mental health crisis in Dundee with More Than Profit model

(IN BRIEF) The McGhee Award, a £25,000 prize for new business ideas, has been introduced by the Centre for Entrepreneurship at a University in Dundee. The award was donated to the university by alumni Christopher McGhee and Dr Jo-Ann Nugent, … Read the full press release

SSAB’s Revolutionary Steel: A Game-Changer for the Industry’s Green Transition

(IN BRIEF) Steel manufacturer SSAB has unveiled SSAB Zero, a fossil carbon emission-free steel that’s made with fossil-free energy and recycled steel. The first commercial steel of its kind, it will be available in Q2 2023. The launch of SSAB … Read the full press release

Ahlstrom Makes Commitment to Reduce Emissions in Line with Climate Science

(IN BRIEF) Ahlstrom has released its annual sustainability report for 2022, highlighting the company’s commitment to setting near-term company-wide emission reductions in line with climate science with the Science Based Targets initiative (SBTi). The report also showcases Ahlstrom’s Platinum EcoVadis … Read the full press release

NORDEN and Spar Shipping take step towards greener shipping with biofuel bunkering

(IN BRIEF) Shipping company NORDEN has bunkered approximately 1,100 tonnes of biofuel in Rotterdam for two voyages to Asia and Africa, in partnership with shipowner Spar Shipping. This marks the first biofuel bunkering for NORDEN on chartered vessels and demonstrates … Read the full press release

Germany Invests €39 Million in Hydrogen-based Chemical Research in Southeastern Bavaria

(IN BRIEF) The German Federal Ministry of Education and Research (BMBF) has announced funding of approximately 39 million euros for the “Alliance Project H2 Living Laboratory Burghausen”, which will focus on the use of hydrogen as an energy source and … Read the full press release

TUM Center for Digital Public Services and juris GmbH to award AG KRITIS and Manuel Atug for work in IT-security

(IN BRIEF) AG KRITIS and its spokesperson Manuel Atug will receive the 10th For..Net Award for their efforts in raising awareness about IT-security for critical infrastructures, such as healthcare services, energy provision, and water supplies, against digital attacks. The group … Read the full press release

Lenzing’s Carbon-Neutral Lyocell Fibers Provide Sustainable Solution for Flushable Wipes

(IN BRIEF) Austrian-based company Lenzing Group has launched upgraded lyocell shortcut fibers under the VEOCEL™ brand for use in flushable wipes. The fibers have high dispersibility, making them ideal for flushable wipes, and feature an upgraded finish that enhances the … Read the full press release

KUKA Welding Cell aiuta lo stabilimento tedesco a riportare la produzione in Germania

(NOTIZIA IN BREVE) Un impianto di zincatura di medie dimensioni nel sud della Germania ha investito nell’automazione, utilizzando una cella di saldatura compatta KUKA per riportare la produzione in Germania e risparmiare migliaia di chilometri di trasporto nel processo di … Read the full press release

KUKA Welding Cell Helps German Plant Bring Production Back to Germany

(IN BRIEF) A medium-sized galvanizing plant in southern Germany has invested in automation, using a compact KUKA welding cell to bring production back to Germany and save thousands of transport kilometers in the production process. The plant has integrated a … Read the full press release

Bloomberg und Junior Achievement Europe betreuen 2023 mit der EU-Initiative „Women in Finance“ noch mehr Studierende

(IN KÜRZE) Bloomberg hat seine EU-Initiative „Women in Finance“ ausgeweitet, die darauf abzielt, junge Frauen nach einem erfolgreichen ersten Jahr zu inspirieren und zu befähigen, Karrieren im Finanzbereich zu verfolgen. Die Initiative bietet spezialisierte Schulungen zu Kapitalmärkten und Mentoring durch … Read the full press release

Bloomberg and Junior Achievement Europe mentor even more students in 2023 with EU Women in Finance initiative

(IN BRIEF) Bloomberg has expanded its EU Women in Finance initiative, which aims to inspire and empower young women to pursue careers in finance, following a successful first year. The initiative offers specialized training on capital markets and mentoring from … Read the full press release

Clearstream’s Collateral Mapper Enhances Transparency and Efficiency in Collateral Management

(IN BRIEF) Clearstream, a provider of post-trade infrastructure and services, has launched the Collateral Mapper, a data-based solution for collateral management optimization. The platform automates the process of summarizing complex reports on collateral usage, evaluating the collateral potential of an … Read the full press release

Volkswagen Financial Services diversifies portfolio with first auto ABS transaction in Sweden

(IN BRIEF) Volkswagen Financial Services has placed an auto ABS transaction in Swedish kronor, becoming the first company in the market to place an auto ABS transaction based on a securitized pool of leasing contracts. The transaction has a receivables … Read the full press release

BAE Systems partners with Plug Power to deliver emission-free hydrogen fuel cell buses for Rochester, NY transit fleet

(IN BRIEF) BAE Systems will supply its next-generation electric power and propulsion systems for three hydrogen fuel cell buses in Rochester, New York, to run emission-free. The company will provide its Gen3 electric drive system for ElDorado National (California)’s Axess® … Read the full press release