Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Holcim at the Forefront of Science-Based Targets for Nature, Driving Sustainability in the Building Materials Industry

(IN BRIEF) Holcim, a global building materials company, has been selected by the Science Based Targets Network (SBTN) to participate in piloting the world’s first science-based targets for nature. Holcim will submit its nature targets for validation in 2023, based … Read the full press release

Transparent and Credible: Citycon Enhances Sustainability Efforts with Updated Strategy for a Greener Future

(IN BRIEF) Citycon, a real estate company, has updated its sustainability strategy to align with its ambitious goals for 2030. The new strategy focuses on six key areas: carbon neutrality, sustainable mobility, community engagement, sustainable value chain, circularity and natural … Read the full press release

Environmental Accountability: Alma Media Implements Carbon Footprint Measurement for Digital Ads

(IN BRIEF) Finnish publisher Alma Media becomes the first in the country to offer advertisers a carbon footprint calculation for digital campaigns. The calculation will measure the greenhouse gas emissions generated by advertising on Alma Media’s ad network and report … Read the full press release

Kalmar Celebrates Production of 6,000th Machine at Shanghai Manufacturing Plant

(IN BRIEF) Kalmar, a subsidiary of Cargotec, celebrates a significant milestone as its manufacturing plant in Shanghai, China, completes the production of its 6,000th machine, a reachstacker. The machine is destined for Bodi International LLC in Mongolia. The Shanghai plant, … Read the full press release

Italian Operator Air Corporate Signs Landmark Deal for 43 Helicopters with Airbus

(IN BRIEF) Italian business aviation operator Air Corporate has placed a firm order for 43 helicopters from Airbus, including 40 single-engine helicopters (H125/H130) and three ACH160s. This order, the largest commercial helicopter order by Airbus in Italy, will support private … Read the full press release

ANDRITZ and North American Stainless Partner for Cutting-Edge Cold-Rolling Mill and Line Upgrade Project

(IN BRIEF) ANDRITZ, an international technology group, has secured a significant order from North American Stainless (NAS) to supply a 20-high cold-rolling mill, a 4-high skin pass mill, and upgrade the existing annealing and pickling line #2 at NAS’s facility … Read the full press release

WACKER Expands Production Capacity in Nanjing to Meet Growing Demand for High-Quality Binders

(IN BRIEF) WACKER has completed a capacity expansion project at its Nanjing site in China, which doubles its production capacity for vinyl-acetate-ethylene copolymer (VAE) dispersions and VAE dispersible polymer powders. The expansion, involving a new reactor and spray dryer, enables … Read the full press release

TotalEnergies Invests in Ductor to Advance High-Nitrogen Organic Waste Processing Technology

(IN BRIEF) TotalEnergies has acquired a 20% stake in Ductor, a Finnish start-up specializing in organic waste processing technology. This innovative solution allows the treatment of high-nitrogen organic waste for biomethane production, accelerating the development of the biogas value chain. … Read the full press release

Former U.S. Representative Elaine Luria Joins BAE Systems, Inc. Board of Directors

(IN BRIEF) Former U.S. Representative and retired U.S. Navy Commander Elaine Luria has joined the Board of Directors at BAE Systems, Inc. Luria represented Virginia’s Second Congressional District from 2019 to 2023 and served on key committees related to defense … Read the full press release

Electric Transport Initiative: Vattenfall and Coca-Cola Invest in Charging Infrastructure for Heavy Goods Vehicles

(IN BRIEF) Vattenfall and Coca-Cola in Sweden have announced a collaboration to invest in electric heavy goods vehicles (HGVs). The initial phase of the project will involve installing three charging stations at Coca-Cola Europacific Partners’ plant in Jordbro, near Stockholm. … Read the full press release

ANDRITZ Tissue Machines Enhance Production at Liansheng Pulp & Paper’s Zhangzhou Mill

(IN BRIEF) Liansheng Pulp & Paper (Zhangzhou) Co., Ltd. has successfully launched two ANDRITZ tissue machines at its mill in Zhangzhou, China. The machines, known as PrimeLineTM W 2000, have a design speed of 2,000 m/min and a working width … Read the full press release

2X Challenge Achieves Remarkable $16.3 Billion in Gender Lens Investments

(IN BRIEF) 2X Global, an initiative launched by Development Finance Institutions (DFIs), has exceeded its target of raising $15 billion in gender lens investments. From 2021 to 2022, the initiative raised a total of $16.3 billion, benefiting 473 businesses across … Read the full press release

Bentley Drives Towards Carbon Neutrality with Launch of Sustainability Council and Publication of Sustainability Report

(IN BRIEF) Luxury automotive brand Bentley has launched its Bentley Sustainability Council, consisting of three experts, as part of its commitment to sustainability. The council will advise the company on its Beyond100 strategy and help achieve carbon neutrality by 2030. … Read the full press release

Volvo Group Partners with Vattenfall for Renewable Electricity Supply from Bruzaholm Wind Park

(IN BRIEF) Volvo Group has entered a long-term agreement with Vattenfall, Sweden’s largest renewable electricity producer, to purchase 50% of the renewable electricity generated at the Bruzaholm wind park over a 10-year period. The partnership is part of Volvo Group’s … Read the full press release

Global Design Competition by Bentley Motors and Dezeen Sets Stage for Sustainable Luxury Retail

(IN BRIEF) Bentley Motors and Dezeen have teamed up to launch a global design competition called ‘The Future of Luxury Retail’. The competition invites architects and designers to explore innovative ideas and experiences that will shape the luxury retail industry … Read the full press release

Amundi and CACEIS Collaborate to Strengthen Fund Channel’s Position in B-2-B Fund Distribution

(IN BRIEF) Amundi and CACEIS have successfully completed their strategic agreement to accelerate the growth of Fund Channel, a prominent B-2-B fund distribution platform. With CACEIS now holding a 33.33% stake and Amundi remaining the majority shareholder, Fund Channel aims … Read the full press release

Glencore plc Releases 2022 Sustainability Report, Demonstrating Commitment to ESG Initiatives

(IN BRIEF) Glencore plc has released its 2022 Sustainability Report, which is now available on its website. The report encompasses the company’s environmental, social, and governance (ESG) initiatives and aligns with global reporting standards and principles. It focuses on material … Read the full press release

BMT and QECC Drive Innovation in Navigation Training with Advanced Simulators

(IN BRIEF) BMT has partnered with QECC (Queen Elizabeth Class Carriers) to revolutionize navigation training through a multi-year pilot training program. The collaboration involves the optimization of BMT’s ship and tug bridge simulator suite to enhance the practice of challenging … Read the full press release

EBRD Extends $23 Million Loan to Meros Pharm to Drive Expansion in Uzbekistan’s Pharmaceutical Industry

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a loan of $23 million to Meros Pharm, a leading pharmaceutical distributor in Uzbekistan. The loan will support Meros Pharm’s expansion plans by providing the necessary working capital … Read the full press release