Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Iberdrola’s Neoenergia and MUFG Sign Pioneering Green Loan for Distribution Network Upgrade in Brazil

(IN BRIEF) Iberdrola’s Brazilian subsidiary, Neoenergia, has signed a bilateral green loan with Mitsubishi UFJ Financial Group (MUFG) for 150 million Brazilian real (approximately €28 million). The financing agreement aims to upgrade the distribution network in Neoenergia Brasilia’s concession area, … Read the full press release

Lithuania’s First Offshore Wind Auction Sees Ignitis Group and OceanWinds as Winners, Plans for Improved CfD Model in Future Tender

(IN BRIEF) Lithuania has successfully conducted its first offshore wind auction, with a consortium of Ignitis Group and OceanWinds emerging as the winner. They paid €20 million for the right to develop the 700 MW offshore wind project, expected to … Read the full press release

Banijay’s MasterChef to Debut in French-Canadian Market, Cookery Competition Set to Inspire Culinary Enthusiasts in Quebec

(IN BRIEF) Banijay, a prominent media and entertainment company, announces that its popular cooking show, MasterChef, will be adapted for French-Canada. Produced by Pixcom in collaboration with Quebecor Content, the show will feature cooking enthusiasts competing against each other to … Read the full press release

SGS Launches Cutting-Edge Crop Science Experimental Station in Benacazón, Spain, Boosting Agricultural Research and Innovation

(IN BRIEF) SGS has established a new experimental field station for Crop Science in Benacazón, Spain. The facility, which includes walk-in plant growth chambers, greenhouses, and specialized laboratories, aims to support crop scientists in their research and enable integrated pest … Read the full press release

Leading Infection Prevention Company, Schülke to Join ATHOS Consortium Following EQT Private Equity’s Strategic Ownership

(IN BRIEF) EQT Private Equity has agreed to sell Schülke, a provider of infection prevention solutions for the healthcare industry, to the ATHOS Consortium. Under EQT’s ownership, Schülke focused on the healthcare market, expanded into new geographies, and became a … Read the full press release

Digi Communications NV Announces Investors Call for the H1 2023 Financial Results

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

(IN BRIEF) Digi Communications N.V. has announced an investor call to discuss its H1 2023 financial results on August 14, 2023, at 14:00 UK time / 16:00 EEST. The call will be conducted in English and will be hosted by … Read the full press release

Project STOP Jembrana Successfully Hands Over Waste Management Program, Achieving Circular Economy Goals in Bali

(IN BRIEF) Project STOP Jembrana, funded by the Alliance to End Plastic Waste, has successfully implemented a waste management system in Bali, Indonesia, offering waste collection services to over 124,800 people and collecting more than 12,959 tonnes of waste, including … Read the full press release

Predictive Logistics: Maersk Drives Technology Revolution in Chemical Supply Chains for Improved Sustainability and Efficiency

(IN BRIEF) Maersk, a global leader in container logistics, emphasizes the need for technology adoption in the chemical supply chain to transform it from predictable to predictive, enable better decision-making, and develop more sustainable supply chains. Maersk sees significant opportunities … Read the full press release

Ericsson Expands Socioeconomic Contribution in Malaysia with 5G Manufacturing Facility

(IN BRIEF) Ericsson, a global 5G leader, has established its first 5G manufacturing facility in Southeast Asia in Penang, Malaysia. The facility will produce state-of-the-art Ericsson 5G radios, including lightweight and energy-efficient Massive MIMO antenna-integrated radios. The investment in local … Read the full press release

University of Liverpool Receives £1.4M Funding to Lead Research on Combatting Livestock Diseases

(IN BRIEF) The University of Liverpool has secured over £1.4 million in government funding for three research projects aimed at combating livestock diseases. Led by the Institute of Infection, Veterinary and Ecological Sciences, the projects will focus on lameness-associated endemic … Read the full press release

Newcastle University Receives £37M Funding to Drive Research Support and Tackle Public Health Challenges

(IN BRIEF) Newcastle University has been awarded over £37 million by the National Institute for Health and Care Research (NIHR) to address public health and social care issues. The funding will be used to establish a Research Support Service (RSS) … Read the full press release

Study Exposes Dire Impact of Small-Scale Fisheries on Marine Megafauna in Thailand

(IN BRIEF) A study conducted by Newcastle University has unveiled the ecological threats posed by small-scale fisheries in Thailand. The research provides the first-ever estimate of marine megafauna catch in Thailand’s small-scale fisheries, including rays, sharks, sea turtles, dolphins, and … Read the full press release

ANDRITZ Awarded Order to Enhance Andhra Paper’s Mill Capacity and Sustainability in India

(IN BRIEF) ANDRITZ, an international technology group, has secured an order from Andhra Paper Limited in India for a recovery boiler upgrade and sustainable technologies to increase capacity and achieve environmental goals. The upgrade includes a recovery boiler capacity increase, … Read the full press release

Semiconductor Giants Collaborate to Propel RISC-V Adoption and Fuel Innovation in Electronics Industry

(IN BRIEF) Several leading semiconductor industry players, including Robert Bosch GmbH, Infineon Technologies AG, Nordic Semiconductor, NXP Semiconductors, and Qualcomm Technologies, Inc., have joined forces to establish a new company aimed at accelerating the adoption of the open-source RISC-V architecture … Read the full press release

EnBW Surpasses Expectations in H1 2023 with €3.5 Billion EBITDA; Boosts Investments in Clean Energy Transition

(IN BRIEF) EnBW, a major energy company, has reported its operating results for the first half of 2023, surpassing expectations. The company expects its Group adjusted EBITDA to be €3.5 billion for the period, primarily driven by growth in thermal … Read the full press release

Skanska Awarded $215M Contract to Build Biomanufacturing Facility for Seagen in Washington, USA

(IN BRIEF) Skanska has secured a contract with Seagen to build a 25,000 square meter biomanufacturing facility in Everett, Washington, USA. The facility will encompass manufacturing, storage, shipping, office, and café spaces. The contract is valued at USD 215 million … Read the full press release

Hydro Achieves Global Industry Standard Compliance for Tailings Facilities

(IN BRIEF) Hydro, a mining company, has announced that all of its tailings facilities with the highest potential consequences in the event of a failure are now in compliance with the Global Industry Standard on Tailings Management (GISTM). The company … Read the full press release

TotalEnergies and SOCAR Divest Stake in Absheron Gas Field to ADNOC

(IN BRIEF) TotalEnergies and its partner SOCAR have signed an agreement to sell a 15% participating interest each in the Absheron gas field to ADNOC. Following the completion of this transaction, TotalEnergies will retain a 35% interest in the Absheron … Read the full press release

Crédit Agricole’s Indosuez Wealth Management Forges Partnership with Degroof Petercam

(IN BRIEF) Indosuez Wealth Management, a subsidiary of the Crédit Agricole Group, announces a significant agreement to acquire a majority stake in Degroof Petercam, a renowned wealth management leader in Belgium. The strategic acquisition, done in partnership with CLdN group, … Read the full press release

EBRD Extends US$ 109 Million Loan to Türkiye İş Bankası for Earthquake Recovery

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a US$ 109 million loan to Turkiye İş Bankası (İşbank), the largest private bank in Türkiye, to aid businesses and individuals affected by the devastating earthquakes that hit … Read the full press release