Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Bentley partners with Goodwoof festival as exclusive automotive sponsor

(IN BRIEF) Luxury automaker Bentley has been named the exclusive automotive partner for the upcoming Goodwoof festival, which celebrates all things canine. The event will be held on May 20-21 at the Goodwood estate in West Sussex, England, and feature … Read the full press release

LEGO Super Mario expands franchise with Donkey Kong-inspired world

(IN BRIEF) The LEGO Group has announced the expansion of its LEGO Super Mario franchise to include Donkey Kong, Cranky Kong, Diddy Kong, Funky Kong, and Dixie Kong for the first time ever in LEGO brick form. Four new products … Read the full press release

Technical University of Munich students set new standards with latest electric car design

(IN BRIEF) The Technical University of Munich has unveiled its latest electric car developed by student group TUfast Eco. The new car, called muc023, sets new standards in efficiency with lower weight, increased efficiency in individual components and significantly reduced … Read the full press release

Accenture strengthens retail and consumer electronics offerings with Einr acquisition

(IN BRIEF) Accenture has announced its agreement to acquire Einr, a Norwegian business consulting company specialized in high volume logistics solutions using SAP technologies to optimize the flow of products from manufacturers to consumers. The acquisition will enhance Accenture’s SAP … Read the full press release

Infineon’s HybridPACK Drive G2 extends integrated B6 package to higher power and ease-of-use

(IN BRIEF) Infineon Technologies AG has launched the HybridPACK Drive G2, a new automotive power module that offers scalability and extends the concept of an integrated B6 package to higher power and ease-of-use. The HybridPACK Drive G2 is available with … Read the full press release

Infineon Technologies launches dual-port USB-C power delivery solution for in-car charging

(IN BRIEF) Infineon Technologies AG has launched the EZ-PD CCG7D, a dual-port USB-C power delivery solution with an integrated boost controller for in-car charging applications that comply with the latest USB Type-C and PD specifications (Ver. 3.1). The PD solution … Read the full press release

Schneider Electric launches Easy UPS 3-Phase Modular with Live Swap functionality

(IN BRIEF) Schneider Electric has launched Easy UPS 3-Phase Modular, a robust uninterruptible power supply designed to protect critical loads while offering third-party verified Live Swap functionality. This system is available in 50-250 kW capacity with N+1 scalable configuration and … Read the full press release

Skanska to reduce congestion on California’s State Route 57/60 with $267M contract

(IN BRIEF) Skanska has signed a contract worth USD 267M with the San Gabriel Valley Council of Governments to make improvements to the California State Route 57/60 interchange, which is part of the State Route 57/60 confluence running through Diamond … Read the full press release

Standard Chartered updates net zero roadmap with focus on oil and gas emissions reduction

(IN BRIEF) Standard Chartered has updated its net zero roadmap and announced a target of a 29% reduction in absolute financed emissions for the oil and gas sector by 2030, when calculated from a 2020 baseline. The bank’s approach ensures … Read the full press release

Henkel Launches New Industrial Resin for End-Use Applications in Additive Manufacturing

(IN BRIEF) Henkel has launched a new industrial resin, Loctite 3D IND249, designed for end-use industrial applications. The high-temperature and high-strength material can print challenging geometries with fine feature resolution and offers low viscosity while still displaying high green strength, … Read the full press release

European Customer Awards Rheinmetall Tank Ammunition Contract

(IN BRIEF) German technology company Rheinmetall has been awarded a contract worth over €200 million to supply tank ammunition to a European customer. The ammunition will be delivered between 2023 and 2025. Rheinmetall is the sole supplier of newly made … Read the full press release

Škoda Auto Set to Unveil Modern, Efficient Superb and Kodiaq Models in Autumn 2023

(IN BRIEF) Czech car manufacturer Škoda Auto has released silhouette images of the new-generation Superb hatchback and Combi estate versions and its top SUV, the Kodiaq, which will be unveiled separately in autumn 2023. The new vehicles will offer modern, … Read the full press release

Deutsche Bank to Acquire Numis Corporation in All-Cash Offer

(IN BRIEF) Deutsche Bank has agreed on the terms of an all-cash offer to acquire Numis Corporation Plc, a UK-based corporate broking and advisory house. The acquisition will allow Deutsche Bank to become a leading provider to more than 170 … Read the full press release

Novamont Acquisition Set to Contribute to Decarbonization of Versalis’ Product Portfolio

(IN BRIEF) Versalis, Eni’s chemical company and shareholder of Novamont, has signed an agreement to acquire the remaining 64% of Novamont’s shares held by Mater-Bi. Novamont is a leading international company in the field of chemistry from renewable sources, and … Read the full press release

Skanska UK announces new President following retirement of Gregor Craig

(IN BRIEF) Skanska has announced the appointment of Katy Dowding as the new Business Unit President for Skanska UK, taking up her position from May 2, 2023. Dowding has been with the company for over 20 years, holding a variety … Read the full press release

Ericsson and AMD to collaborate on Cloud RAN solutions for 5G connectivity and beyond

(IN BRIEF) Ericsson has announced a collaboration agreement with AMD, aimed at boosting its Open RAN and Cloud RAN ecosystem commitment. The partnership seeks to enhance the performance of Cloud RAN and offer high-capacity solutions to communications service providers (CSPs). … Read the full press release

Ericsson partners with Dell for Cloud RAN offering, expanding open cloud networks

(IN BRIEF) Ericsson, a leading telecommunications equipment and service provider, has announced a collaboration with Dell Technologies to expand the ecosystem of Open RAN and Cloud RAN infrastructures. The collaboration involves Dell serving as a supplier of Dell PowerEdge servers … Read the full press release

ANDRITZ reports strong growth in Q1 2023 despite global economic slowdown

(IN BRIEF) International technology group ANDRITZ has announced significant growth in revenue and operating result, both of which increased by over 20% in the first quarter of 2023 compared to the same period the previous year. The company also reported … Read the full press release

AVANGRID’s Pachwáywit Fields Solar Farm Brings Clean Energy to Oregon

(IN BRIEF) AVANGRID, a sustainable energy company, has achieved commercial operation at the 162 MWac Pachwáywit Fields solar farm in Gilliam County, Oregon, becoming the state’s largest photovoltaic plant. The facility will deliver renewable energy to large customers and municipalities … Read the full press release

INEOS Olefins & Polymer Europe signs renewable power agreement with Skagerak Energitjenester for Norwegian plants

(IN BRIEF) INEOS Olefins & Polymer Europe has signed a deal with Skagerak Energitjenester to supply renewable energy to its Rafnes and Bamble plants in Norway. The plants will be provided with 100% green power generated from hydroelectric production, reducing … Read the full press release