Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Boxenstopp 2023: A Comprehensive Event on Heating, Ventilation, and Cooling Technology

(IN BRIEF) The Lindner Group, in collaboration with industry partners including Grundfos, Frese, Helios, malotech, and Remeha, is organizing Boxenstopp events in Linthe and Embsen on September 19 and 21. These events will feature specialist lectures, product exhibitions, and discussion … Read the full press release

Private Equity Doubles Down on Portfolio Company Acquisitions, Defying European Buyout Slowdown

(IN BRIEF) According to data from CMBOR, Europe’s private equity industry has significantly increased its support for portfolio company buy-and-build acquisitions in the first half of 2023. With 369 acquisitions made, it marks the third-highest figure for H1 on record. … Read the full press release

Symrise Pet Food Rebrands its Nutrition Ingredients to Nuvin™, Expanding Growth and Sustainability

(IN BRIEF) Symrise Pet Food has announced the rebranding of its nutrition ingredients brand to Nuvin™, with a focus on expanding growth and advancing sustainability. The transformation aims to strategically strengthen the company’s pet food offering, encompassing egg, chicken, hydrolyzed … Read the full press release

Bira 91 Teams Up with Accenture for Enterprise Reinvention and Digital Transformation

(IN BRIEF) Bira 91, an Indian premium beer company operating globally, has entered into a collaboration with Accenture to drive growth, enhance business agility, and accelerate innovation through an enterprise reinvention program. Accenture will assist Bira 91 in designing and … Read the full press release

Husqvarna Group Appoints Robert Hafredal as EVP Global Information Services and Group CIO

(IN BRIEF) Robert Hafredal has been appointed as the new Executive Vice President (EVP) of Global Information Services and Chief Information Officer (CIO) at Husqvarna Group, effective August 1, 2023. Having previously served as the acting EVP of Global Information … Read the full press release

Angus Rural Mobility Hub Receives Funding to Advance Green Hydrogen Development

(IN BRIEF) The Angus Rural Mobility Hub, in collaboration with the University of Dundee, Angus Council, and Dalhousie Estates, has been awarded funding of £10,000 from the Energy Technology Partnership (ETP) to explore the development of green hydrogen for heavy-duty … Read the full press release

Stellantis Implements Robust Strategy to Secure Long-Term Semiconductor Supply for Advanced Vehicles

(IN BRIEF) Stellantis, the automotive company, is adopting a multifaceted strategy to manage and secure the long-term supply of semiconductors, which are essential for the performance and features of their vehicles. The strategy includes a semiconductor database for transparency, systematic … Read the full press release

Spark Selects Ericsson as Supplier for 5G Standalone Network Core in New Zealand

(IN BRIEF) New Zealand’s telecommunications provider, Spark, has appointed Ericsson as the supplier for its 5G Core solution to power Spark’s 5G Standalone (SA) network. The appointment follows a successful three-month 5G SA trial in 2022, demonstrating the deployment capabilities … Read the full press release

APM Terminals Los Angeles’ Pier 400 Receives Recognition for Strong Contractor Safety Management

(IN BRIEF) APM Terminals Los Angeles, known as Pier 400, has been acknowledged for its zero tolerance approach to contractor safety management. As the largest container port terminal in the Western Hemisphere, the facility faces inherent risks, making stringent safety … Read the full press release

Study Reveals Varying Climate Change Impact on UK Habitats, Highlighting Vulnerabilities

(IN BRIEF) A recent study conducted by a researcher from the University of York highlights that all UK habitats will face significant challenges due to climate change in the coming years. The study analyzes past and future climate data, current … Read the full press release

Green Sea Turtles Found to Feed on Same Seagrass Meadows for Millennia, Highlighting Conservation Importance

(IN BRIEF) A recent study conducted by the University of York, in collaboration with other universities, has revealed that green sea turtles have been feeding on North African seagrass meadows for approximately 3,000 years. The researchers used isotope analysis, satellite … Read the full press release

Maersk Expands Presence in Croatia with Opening of Own Multi-Customer Warehouse

(IN BRIEF) Maersk, a global provider of logistics solutions, has opened its first multi-customer warehouse in Croatia, further strengthening its footprint in the country. The 12,000 sqm facility, located near the port of Rijeka, offers fast delivery times and efficient … Read the full press release

Researchers Discover Previously Unknown Methane Sources in Hamburg, Highlighting Importance of Emission Reduction

(IN BRIEF) A team of researchers from the Technical University of Munich conducted a study in Hamburg to identify methane leaks and previously unknown sources of methane emissions in urban areas. Methane, the second most common greenhouse gas, has a … Read the full press release

Judge Wendy Beetlestone Installed as University of Liverpool’s First Female and Black Chancellor

(IN BRIEF) Judge Wendy Beetlestone, an alumna of the University of Liverpool, has been formally installed as the institution’s eleventh Chancellor. Wendy, the university’s first female and first Black Chancellor, expressed gratitude for her time at Liverpool, which she credits … Read the full press release

University of Twente Recognizes AI’s Potential While Acknowledging Risks

(IN BRIEF) The University of Twente (UT) acknowledges the opportunities presented by Artificial Intelligence (AI) tools like ChatGPT while emphasizing the need to be aware of associated risks. UT believes that AI can be a valuable tool in education and … Read the full press release

New Underwater AI Bot Aims to Protect Ocean Environment and Combat Illegal Fishing

(IN BRIEF) Scientists at the University of Southampton have initiated the development of an underwater artificial intelligence (AI) bot called Aqua, designed to detect activities that pose harm to the ocean environment. The AI system, codenamed MARLIN, received over £700,000 … Read the full press release

RWE Clean Energy Signs Multiple PPAs to Power 70,000 Homes in Virginia, United States

(IN BRIEF) RWE Clean Energy has signed eight long-term power purchase agreements (PPAs) with Dominion Energy Virginia for seven solar projects, totaling over 300 MW of capacity. The solar energy generated from these projects will power more than 70,000 homes … Read the full press release

EnBW Reappoints Dirk Güsewell and Georg Stamatelopoulos to Board of Management

(IN BRIEF) EnBW Energie Baden-Württemberg AG’s Supervisory Board has made an early decision to reappoint Dirk Güsewell and Dr. Georg Stamatelopoulos as members of the Board of Management for an additional five years. Dirk Güsewell oversees System Critical Infrastructure, while … Read the full press release

Infineon Introduces Automotive-Qualified F-RAM Memory Devices for Data Logging Expansion

(IN BRIEF) Infineon Technologies AG announces the expansion of its data logging memory portfolio with the introduction of two new automotive-qualified Ferroelectric RAM (F-RAM) memory devices. These devices, available in 1Mbit and 4Mbit densities, cater to the increasing demand for … Read the full press release

Savills Strengthens Social Value Team with Appointment of Michael Blake

(IN BRIEF) Savills, a leading global real estate services provider, has appointed Michael Blake as an associate director in its social value team as part of the expanding Savills Earth offering. With a decade of experience in social value and … Read the full press release