Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Robin Mooldijk and Philippa Bounds appointed to top roles at Shell

(IN BRIEF) Shell’s Projects & Technology Director, Harry Brekelmans, and Legal Director, Donny Ching, are stepping down from their positions after 33 years of service with the company. Brekelmans will be replaced by Robin Mooldijk, the current Executive Vice President … Read the full press release

22 Mar 2023: Outokumpu Oyj repurchased 24,535 own shares as part of its share buyback program

(PRESS RELEASE) HELSINKI, 22-Mar-2023 — /EuropaWire/ —  Outokumpu (HEL: OUT1V), the largest producer of stainless steel in Europe, has announced the repurchase of 24,535 own shares as part of its share buyback program. The transactions (ISIN FI0009002422), carried out on … Read the full press release

Shell’s latest scenarios explore energy and climate outcomes after Ukraine invasion

(IN BRIEF) Shell has released two new scenarios, Archipelagos and Sky 2050, which explore possible energy and climate outcomes following Russia’s invasion of Ukraine. Archipelagos shows how national interest remains a key priority, with renewables seen as a way to … Read the full press release

BNP Paribas and BMO team up to expand international services offered to clients

(IN BRIEF) BMO and BNP Paribas have announced a long-term commercial agreement and leasing services partnership to enhance coverage and access to global networks for commercial banking clients. As part of this collaboration, both banks will continue to provide and … Read the full press release

Nestlé Sets New Standard in Corporate Transparency with Nutritional Value Benchmarking

(IN BRIEF) Nestlé publishes its 2022 Annual Report and reports on the nutritional value of its global portfolio. The reports also highlight Nestlé’s progress on its Net Zero roadmap and its focus on creating shared value through sustainable practices. The … Read the full press release

Vodafone teams up with Exchange Communications to launch 5G at UK airports

(IN BRIEF) Vodafone is set to install its 5G network at five of the UK’s largest airports, including Edinburgh, Glasgow, Birmingham, Newcastle International, and George Best Airport in Belfast. The move will improve mobile data connectivity for millions of passengers … Read the full press release

Prudence Foundation launches web-based game to teach kids financial literacy

(IN BRIEF) The Prudence Foundation has launched a new web-based learning game to promote financial literacy among 7-12 year-olds. The Cha-Ching Money Adventures game was created in partnership with the US-based not-for-profit education and health organisation Education Development Center and … Read the full press release

Taking a Stand Against Online Hate Speech: Deutsche Telekom and FC Bayern Launch New Campaign to Promote Respectful Behavior in Soccer

(IN BRIEF) Deutsche Telekom and its partner FC Bayern are launching an ad campaign to raise awareness about online hate speech in soccer. The campaign aims to educate and support everyone affected by hate speech on the internet, and emphasizes … Read the full press release

CGM Finance ottiene dal FEI una garanzia di 18,75 milioni di euro a sostegno delle imprese sociali italiane

La garanzia consentirà a CGM Finance di fornire maggiori finanziamenti alle imprese sociali dando priorità all’impatto sociale rispetto al profitto. (NOTIZIA IN BREVE) Il Fondo europeo per gli investimenti (FEI) ha annunciato una garanzia di 18,75 milioni di euro a … Read the full press release

CGM Finance secures €18.75 million guarantee from EIF to support Italian social enterprises

Guarantee will enable CGM Finance to provide more financing to social enterprises prioritizing social impact over profit. (IN BRIEF) The European Investment Fund (EIF) has announced an €18.75 million guarantee to CGM Finance, which will be used to finance social … Read the full press release

Artificial Intelligence to advance research aimed at improving heart health

(IN BRIEF) The EU-funded DataTools4Heart project is launching the first platform to consolidate real-world cardiology data from millions of people across multiple European countries. The initiative, which will be coordinated by the Artificial Intelligence in Medicine lab at the University … Read the full press release

ABL Group expands offshore energy exposure with acquisition of AGR

(IN BRIEF) ABL Group ASA has announced that it will acquire AGR, a multi-disciplinary engineering, consultancy and software company, in order to expand its offering within well and reservoir consultancy, support operators’ digitalisation and decarbonisation plans, and expand its opex-driven … Read the full press release

Volvo Trucks y Boliden se asocian para introducir camiones eléctricos en minas subterráneas

(NOTICIA EN BREVE) Volvo Trucks y la empresa minera Boliden se asocian para introducir el transporte de camiones eléctricos en entornos subterráneos. La asociación implicará que Boliden utilice dos camiones pesados eléctricos Volvo en su mina Kankberg, en las afueras … Read the full press release

Volvo Trucks and Boliden partner to introduce electric trucks in underground mines

(IN BRIEF) Volvo Trucks and mining company Boliden are partnering to introduce electric truck transport in underground environments. The partnership will involve Boliden using two heavy, electric Volvo trucks in their Kankberg mine, outside Skellefteå in northern Sweden. The electric … Read the full press release

EU CEOs See Climate Change Risk as Fastest Growing Threat to Businesses

(IN BRIEF) EU CEOs are increasingly concerned about the threat of climate change, with 24% believing their businesses will be highly or extremely exposed to the impact of climate change within five years, according to a new survey. The survey … Read the full press release

Sweco genehmigt Übernahme von VK architects+engineers durch die belgische Wettbewerbsbehörde

(IN KÜRZE) Sweco, ein europäisches Ingenieur- und Architekturbüro, hat von der belgischen Wettbewerbsbehörde die Genehmigung zur Übernahme von VK architects+engineers erhalten. Durch die Übernahme von VK architects+engineers kommen rund 600 Architekten und Ingenieure zu Sweco hinzu, was hauptsächlich die Position … Read the full press release

Sweco Approved to Acquire VK architects+engineers by Belgian Competition Authority

(IN BRIEF) Sweco, a European engineering and architecture consultancy, has received approval from the Belgian Competition Authority to acquire VK architects+engineers. The acquisition of VK architects+engineers adds approximately 600 architects and engineers to Sweco, mainly strengthening the company’s position in … Read the full press release

Renewables account for 27.5% of Italy’s electricity demand in February

(IN BRIEF) In February 2023, total electricity demand in Italy decreased by 2.2% compared to the same month in 2022. According to Terna, the company that manages the Italian electricity grid, the country’s industrial sector also decreased by 6.8% compared … Read the full press release

L’adhésion Platinum d’Alfa Laval au projet Open Compute signale la prise en charge de l’efficacité énergétique dans les centres de données

(ACTUALITÉ EN BREF) Alfa Laval est devenu membre platine de l’Open Compute Project (OCP) pour soutenir l’efficacité énergétique et la durabilité dans les centres de données. L’OCP est une communauté axée sur la refonte de la technologie matérielle pour répondre … Read the full press release

Alfa Laval’s Platinum Membership with Open Compute Project Signals Support for Energy Efficiency in Data Centers

(IN BRIEF) Alfa Laval has become a platinum member of the Open Compute Project (OCP) to support energy efficiency and sustainability in data centers. The OCP is a community focused on redesigning hardware technology to efficiently support the growing demands … Read the full press release