Category Archives: Business

Business Press Releases & News distributed via EuropaWire

BAE Systems Celebrates Best Suppliers at Partner 2 Win Awards Ceremony

(IN BRIEF) BAE Systems has awarded 13 suppliers for their top performance in on-time delivery and quality standards at its sixth annual Partner 2 Win Supplier of the Year awards ceremony in Austin, Texas. The Partner 2 Win program is … Read the full press release

Eni’s FPSO Firenze to enable production start-up of largest hydrocarbon discovery in Côte d’Ivoire

(IN BRIEF) Eni, in collaboration with PetroCi, has celebrated the sail away of FPSO Firenze to the Baleine field offshore Côte d’Ivoire. The FPSO Firenze has been refurbished and upgraded to allow it to handle up to 15,000 bbl/d of … Read the full press release

Bosch, BASF, and AGCO to integrate and commercialize Smart Spraying technology for Fendt Rogator sprayers

(IN BRIEF) Bosch BASF Smart Farming has partnered with AGCO Corporation to integrate and commercialize Smart Spraying technology on Fendt Rogator sprayers. The Smart Spraying Solution will allow targeted spraying during day and nighttime conditions, while delivering optimal herbicide savings … Read the full press release

Zurich Insurance Group announces successful AGM with full Board re-election

(IN BRIEF) Zurich Insurance Group’s shareholders have confirmed Michel M. Liès as Chairman of the Board of Directors at the Annual General Meeting. All the other current Board members have also been elected. The Board comprises 12 members, with equal … Read the full press release

APM Terminals Mumbai named top-performing terminal in India for 64th month in a row

(IN BRIEF) APM Terminals Mumbai, also known as GTI, has been named the top performing terminal in India for the 64th consecutive month in the January 2023 ranking published by NICDC Logistics Data Services. The terminal has maintained its position … Read the full press release

ANDRITZ and Lotus Teknik Tekstil produce next-gen, sustainable wet wipes

(IN BRIEF) Lotus Teknik Tekstil A.Ş., based in Turkey, has started up a line to produce biodegradable, plastic-free wet wipes using a state-of-the-art neXline wetlace CP line from international technology group ANDRITZ. The line combines the benefits of wetlaid and … Read the full press release

FCA and ASA team up with influencer Sharon Gaffka to educate “fin-fluencers” on risks of promoting financial products

(IN BRIEF) The UK’s Financial Conduct Authority (FCA) and Advertising Standards Authority (ASA) have partnered with influencer Sharon Gaffka to educate “fin-fluencers” on the risks associated with promoting financial products. The FCA and ASA plan to engage with influencers and … Read the full press release

Eni’s Plenitude and CDP Equity commit to decarbonisation of Italy’s electricity sector through GreenIT investment

(IN BRIEF) GreenIT, the Italian joint venture between Plenitude (Eni) and CDP Equity (CDP Group), which produces electricity from renewable sources, has approved a new business plan for 2023-2027. The plan includes a total investment of €1.7 billion ($2 billion) … Read the full press release

DHL Global Forwarding names new executives for Hillebrand Gori and Ocean Freight

(IN BRIEF) Dominique von Orelli has been appointed as CEO of Hillebrand Gori, a DHL company, with immediate effect, succeeding Tim Scharwath, CEO of DHL Global Forwarding, Freight, who has been leading the integration of Hillebrand Gori since its acquisition … Read the full press release

FMO and partners provide second syndicated loan to Turkey’s Kılıç Deniz for growth and diversification

(IN BRIEF) Dutch development bank FMO, along with French development finance institution Proparco and SDG-focused emerging market credit fund ILX Fund, has provided a €60m ($71.6m) syndicated loan to Turkey’s Kılıç Deniz, a leading aquaculture player. The funds will be … Read the full press release

Egyptian General Petroleum Corporation s’associe à DNV pour atteindre ses objectifs de développement durable

(ACTUALITÉ EN BREF) DNV, un expert indépendant en énergie et fournisseur d’assurance, a signé un protocole d’accord (MoU) avec l’Egyptian General Petroleum Corporation (EGPC) pour soutenir leurs efforts dans la définition d’objectifs fondés sur la science pour leurs objectifs nets … Read the full press release

Egyptian General Petroleum Corporation partners with DNV to achieve sustainability goals

(IN BRIEF) DNV, an independent energy expert and assurance provider, has signed a Memorandum of Understanding (MoU) with the Egyptian General Petroleum Corporation (EGPC) to support their efforts in setting science-based targets for their net zero goals. EGPC is aiming … Read the full press release

Iberdrola Plans to Build Photovoltaic Panel Manufacturing Plant in Spain with European Funding

(IN BRIEF) Iberdrola has submitted a proposal for a photovoltaic panel manufacturing plant to the European Commission’s Innovation Fund. The plant will have a production capacity of 1.6 GW per year, equivalent to 3 million panels, and could cover a … Read the full press release

Barry Callebaut Group announces new CEO, Peter Feld

(IN BRIEF) Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, has appointed Peter Feld as its new Chief Executive Officer, effective immediately. Feld succeeds Peter Boone, who is stepping down for personal reasons. Feld has … Read the full press release

Allianz Trade partners with Singapore-based Bueno.money for B2B e-commerce venture

(IN BRIEF) Allianz Trade has entered into the B2B e-commerce space with Bueno.money, a Singapore-based Buy-Now-Pay-Later (BNPL) player, through its credit solution E-commerce Credit Insurance. This allows Bueno.money to offer a deferred payment solution to e-merchants in real-time with credit … Read the full press release

Holcim takes a step toward circular construction with acquisition of Sivyer Logistics

(IN BRIEF) Holcim, a leading global construction materials and solutions company, has acquired Sivyer Logistics, a producer of recycled construction and demolition waste (CDW) in London. Sivyer Logistics utilizes advanced recycling and recovery technologies to recover over 500,000 tons of … Read the full press release

Equistone-backed Talon bolsters OOH offering with Evolve and Novus Canada purchases

(IN BRIEF) Talon, a global independent Out-of-Home (OOH) media agency backed by Equistone Partners Europe, has completed two bolt-on acquisitions worth £100m to expand its international footprint. The acquisitions of Evolve, an independent specialist international OOH business, and Novus Canada, … Read the full press release

Thales Leads Creation of National Cyber Intelligence Database in France to Boost Cyber Resilience

(IN BRIEF) Thales, along with 10 other companies and organisations, is leading the creation of a single national cyber intelligence database in France, called SCRED, to provide a shared picture of the threat landscape and increase cyber resilience. SCRED will … Read the full press release

Gasum Launches New Strategy to Focus on Renewable Gas and Electricity

(IN BRIEF) Gasum, a Nordic energy company, aims to shift its business and operations towards renewable gas and electricity, setting new sustainability goals as part of its strategy. The company’s ambition is to bring seven terawatt hours (TWh) of renewable … Read the full press release

Gasum Ltd. Holds Annual General Meeting, Appoints New Board Members

(IN BRIEF) Gasum Ltd held its Annual General Meeting (AGM) on March 31, 2023 in Helsinki, during which the current members of the Board of Directors, Stein Dale, Elina Engman, Erkka Repo and Ari Vanhanen, were re-elected. Jari-Pekka Punkari and … Read the full press release