(IN BRIEF) Aviva, the leading home insurer in the UK, has entered into an agreement with Barclays UK to acquire its home insurance portfolio, which consists of 350,000 customers. The acquisition will support Aviva’s growth in the retail insurance business … Read the full press release
Posted in Banks, Business, Financial, Insurance, Investment, Management, News, Retail, United Kingdom
Tagged acquisition, Aviva, Barclays Home Insurance, Owen Morris, partnership, Retail Insurance Business
(IN BRIEF) BAE Systems’ Combat Mission Systems (CMS) business released its 2022 Economic Impact Report, revealing a $1.9 billion contribution to the U.S. economy through its ground vehicle and weapon systems network. The company’s 12 sites and partnerships with over … Read the full press release
Posted in Business, Defence, Economy, Financial, Industrial, Management, News, United Kingdom
Tagged Andy Corea, BAE Systems, Ground Vehicle, U.S. Economy, Weapon Systems
(IN BRIEF) Allianz Global Corporate & Specialty (AGCS) and the commercial insurance businesses of local Allianz entities will now trade under the name “Allianz Commercial” as a single go-to-market business. This new global model offers insurance solutions for mid-sized businesses, … Read the full press release
Posted in Business, Financial, Germany, Insurance, Management, News, Small Business
Tagged Allianz, Allianz Commercial, Chris Townsend, Joachim Mueller, partnership, SMEs
(IN BRIEF) The 110th Tour de France concluded with Danish rider Jonas Vingegaard winning the overall title, accompanied by a camouflaged new Superb Combi provided by Škoda Auto. The crystal trophies for the winners were created by Škoda’s design team. … Read the full press release
Posted in Automotive, Business, Czech Republic, Entertainment, Management, Media, News
Tagged 20 Years, Jasper Philipsen, Jonas Vingegaard, Klaus Zellmer, partnership, ŠKODA AUTO, Tour de France
(IN BRIEF) The Joint Initiative on Circular Economy (JICE), led by the European Union’s largest public promotional banks and institutions, has decided to extend its efforts beyond the original time frame of 2023. Launched in 2019, JICE aims to provide … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Investment, Luxembourg, Management, News, United Kingdom
Tagged Beata Daszyńska-Muzyczka, Dario Scannapieco, Dr. Werner Hoyer, Eric Lombard, Joint Initiative on Circular Economy (JICE), José Carlos García de Quevedo, partnership, Stefan Wintels, sustainability, Sustainable Projects EIB
(IN BRIEF) The European Investment Bank (EIB) and Cellnex have signed a €315 million finance contract to support the development of mobile telecoms infrastructure for 5G rollout in Spain, Portugal, France, Italy, and Poland. The loan will unlock a total … Read the full press release
(IN BRIEF) The European Anti-Fraud Office (OLAF) collaborated with Romanian authorities in an operation aimed at combating the illicit traffic of toxic products in Tulcea County, Romania. The joint effort resulted in the seizure of 353 liters of insecticide valued … Read the full press release
(IN BRIEF) Ahlstrom, a global leader in sustainable specialty materials, has received a binding offer from Accursia Capital to acquire its Stenay plant in France. The offer comes after Ahlstrom launched a consultation process with employee representatives to potentially divest … Read the full press release
Posted in Business, Environment, Finland, Infrastructure & Utilities, Investment, Management, News
Tagged Accursia Capital, acquisition, Ahlstrom, partnership, Stenay plant, sustainability
(IN BRIEF) BASF Personal Care has released the first progress report for its Responsibly Active sustainability program, focusing on its bioactives portfolio for personal care applications. The program includes commitments and action plans to protect natural resources, empower people along … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Chemicals, Environment, France, Industrial, Management, News
Tagged BASF, bioactives, Lucilene Veira Nunes, personal care, sustainability
(IN BRIEF) Aviva has successfully obtained a £120 million full scheme buy-in for the NTL 1999 Pension Scheme. This agreement allows Aviva to assume the defined benefit liabilities of approximately 650 members, mitigating the investment and longevity risks associated with … Read the full press release
(IN BRIEF) Versalis, Eni’s chemical company, has released its 2022 Sustainability Report, highlighting its efforts to contribute to sustainable and circular models in alignment with Eni’s strategy. The report outlines Versalis’ targets for achieving carbon neutrality by 2050 and emphasizes … Read the full press release
Posted in Business, Chemicals, Economy, Environment, Financial, Industrial, Italy, Management, News
Tagged 2022 Sustainability Report, Adriano Alfani, carbon neutrality, decarbonisation, eni.com, Versalis
(IN BRIEF) The European Investment Bank (EIB) and Bulgarian Development Bank (BDB) have signed a €175 million loan agreement to improve access to finance for small and medium-sized enterprises (SMEs) and mid-caps in Bulgaria. The loan aims to support companies … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, Small Business, Technology, United Kingdom
Tagged Assen Vassilev, Bulgaria, Bulgarian Development Bank, digitalization, economy, European Investment Bank, financing, Iliya Karanikolov, INNOVATION, Lilyana Pavlova, Marjut Falkstedt, Milena Stoycheva, Paolo Gentiloni, partnership, SME, sustainability
(IN BRIEF) In 2022, the European Investment Bank (EIB) focused on promoting equitable growth and convergence of living standards by providing €28.4 billion in new financing for projects in EU cohesion regions. Poland was the largest beneficiary, receiving €24.8 billion, … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) and the Republic of Lithuania have signed a €300 million financing agreement aimed at supporting long-term competitiveness, job creation, and the green and digital transitions in Lithuania. This loan is the first installment … Read the full press release
(IN BRIEF) Electrolux Group has announced its plans to divest Zanussi and other non-core brands, including production facilities in Egypt and water heater production facilities in Egypt and South Africa. The potential divestment value of these assets is estimated to … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Industrial, Investment, Management, News, Sweden
Tagged divestment, Electrolux Group, Jonas Samuelson, Zanussi
(IN BRIEF) Electrolux Group’s second-quarter report reveals a decline in net sales due to weak market demand and consumer shifts to lower price points, resulting in significantly lower volumes. Operating income was impacted by a non-recurring provision related to a … Read the full press release
Posted in Business, Electronics & Machinery, Financial, Industrial, Investment, Management, Media, News, Sweden
Tagged Anna Ohlsson-Leijon, Asset Divestment, Electrolux Group, Financial, Jonas Samuelson, sales, Therese Friberg
(IN BRIEF) Standard Chartered has released a report on the outcomes of its not-for-profit COVID-19 facility, which provided financing of $1 billion to support clients in manufacturing and distributing essential products during the pandemic. The facility offered loans to help … Read the full press release
(IN BRIEF) Ahlstrom, adapa, and Maped have collaborated to develop a groundbreaking flowpack solution for eraser packaging. Using Ahlstrom’s Cristal™ base papers, a transparent paper alternative has been created for traditional plastic or film substrates. The fiber-based window packaging provides … Read the full press release
(IN BRIEF) Ericsson and O2 Telefónica in Germany have reached a significant milestone in the development of 5G Cloud RAN technology in Europe. Through a joint Proof of Concept (PoC) deployment at O2 Telefónica’s innovation hub, Ericsson showcased its first … Read the full press release
Posted in Business, Industrial, Management, News, Sweden, Technology, Telecom
Tagged 5G Cloud RAN, Daniel Leimbach, Ericsson, Europe, Germany, INNOVATION, Mallik Rao, O2 Telefónica, partnership
(IN BRIEF) Kalmar, a subsidiary of Cargotec, has entered into an agreement with Australian heavy-equipment distributor AJL Group Pty Ltd (AJL) to provide 18 heavy terminal tractors to TT-Line Company Pty (TT-Line). The order, which was included in Cargotec’s Q2 … Read the full press release
Posted in Business, Finland, Industrial, Management, News, Transportation & Logistics
Tagged AJL Group Pty Ltd, Andrew Lawson, Australia, Cargotec, Heavy Terminal Tractors, Kalmar, partnership, Peter Trevitt, TT-Line
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions. Here you can learn more about EuropaWire’s mission, achievements, services, etc.
HOW TO GET STARTED?