Category Archives: Business

Business Press Releases & News distributed via EuropaWire

GBL Boosts Shareholder Returns with EUR 130 Million Buyback Program

(IN BRIEF) Groupe Bruxelles Lambert (GBL) announces an enhanced shareholder return plan through an accelerated share buyback program. Having executed 26% of its initial EUR 500 million share buyback, GBL will reinstate the program with an additional EUR 130 million, … Read the full press release

Green Excellence: UEA Campus Receives Seventh Consecutive Green Flag Award

(IN BRIEF) The University of East Anglia (UEA) has been awarded the prestigious Green Flag award for the seventh consecutive year, recognizing its outstanding green spaces and environmental standards. The UEA campus, covering 360 acres, includes various habitats and hosts … Read the full press release

Webuild Group’s Swiss Subsidiary Wins Record-Breaking Highway Maintenance Project in Ticino

(IN BRIEF) CSC Costruzioni, the Swiss subsidiary of the Webuild Group, along with its consortium partners, has been awarded a €157 million highway maintenance contract in the Canton of Ticino, Switzerland. The contract is part of the “USTRA EP 28 … Read the full press release

University of York and FSB Launch Research Project to Empower Female Entrepreneurs

(IN BRIEF) The University of York and the Federation of Small Businesses (FSB) have initiated a research project aimed at understanding the impact of female business owners and entrepreneurs on the regional and national economy. The study will examine the … Read the full press release

University of York Researchers Call for Urgent Reform of UK Benefits System

(IN BRIEF) Researchers at the University of York, in collaboration with parents and carers, are urging the UK government to reform the benefits system. Latest research by Changing Realities and the Institute for Public Policy Research (IPPR) reveals that over … Read the full press release

YorVoice, Equitable Tech Lab, and NHS Healthcare Projects Receive Funding from Sparks

(IN BRIEF) The University of York’s Sparks initiative has provided funding for three research projects. The YorVoice project focuses on voice research to understand individual vocal differences and improve technology, healthcare, and creative expression. The York Equitable Technology Lab aims … Read the full press release

Continental’s UltraContact NXT: Leading the Way in Sustainable Tire Manufacturing

(IN BRIEF) Continental has commenced production of its most sustainable series tire, the UltraContact NXT, in Portugal. The summer tire incorporates up to 65 percent renewable, recycled, and certified materials, while maintaining excellent safety and performance. It contains bio-based silica … Read the full press release

BioNTech Solidifies AI Advancements with InstaDeep Acquisition

(IN BRIEF) BioNTech SE has completed the acquisition of InstaDeep Ltd., a prominent AI and ML technology company. The acquisition is part of BioNTech’s strategy to enhance AI-driven drug discovery and develop advanced immunotherapies and vaccines for diseases with significant … Read the full press release

Nicola Leske Named Executive VP of Group Communications & Sustainability at DHL Group

(IN BRIEF) Nicola Leske has been appointed as the new Executive Vice President of Group Communications & Sustainability at DHL Group, starting from August 1, 2023. With over 20 years of experience in communications, Leske previously served as Managing Partner … Read the full press release

BASF and Huntsman to Separate Joint MDI Production in China to Enhance Operations and Serve Growing Customer Demand

(IN BRIEF) BASF and Huntsman, along with their Chinese partner companies, announce the planned separation of their joint MDI (diphenylmethane diisocyanate) production at Shanghai Lianheng Isocyanate Co., Ltd. (SLIC). Going forward, they will operate two MDI plants at the site … Read the full press release

Gutermann and Deutsche Telekom Partner to Enhance Water Supply Networks with Acoustic Leak Detection using NB-IoT Technology

(IN BRIEF) Gutermann, a Swiss company specializing in leak detection, has partnered with Deutsche Telekom to provide intelligent connectivity for water supply infrastructures. The solution uses acoustic leak detection with noise loggers installed in the pipe networks, which send noise … Read the full press release

Akiem Orders 15 More Vectron Locomotives from Siemens to Enhance European Rail Transportation

(IN BRIEF) Akiem, a leading European rolling stock leasing company, has placed an order for 15 Vectron AC and Vectron MS locomotives from Siemens Mobility. The order is part of a framework agreement signed in December 2021 and adds to … Read the full press release

Dutch Racer Demi Vollering Triumphs as Škoda Sponsors Second Edition of Tour de France Femmes avec ZWIFT

(IN BRIEF) The second edition of the Tour de France Femmes avec ZWIFT concluded with Dutch racer Demi Vollering emerging as the overall winner. The points classification was won by Belgian Lotte Kopecky, who received a green trophy made of … Read the full press release

ENTSO-E Annual Report 2022 Highlights TSOs’ Commitment to a Carbon-Neutral Europe

(IN BRIEF) The ENTSO-E Annual Report 2022 provides comprehensive information about the activities and products developed by the Member Transmission System Operators (TSOs) from January to December 2022. The report highlights their efforts in implementing legal mandates and Pan-European tasks … Read the full press release

Glencore to Acquire Majority Stake in Argentina’s MARA Project from Pan American in $475 Million Deal

(IN BRIEF) Glencore International AG (Glencore) and Pan American Silver Corp. have agreed for Glencore to acquire the 56.25% stake in the MARA Project located in Argentina from Pan American. The deal involves Glencore paying $475 million in cash and … Read the full press release

TX Logistik AG to Become Second Largest Freight Operator in Germany with Acquisition of Exploris Group

(IN BRIEF) TX Logistik AG, a subsidiary of FS Italiane Group’s Logistics Business Units, has signed a purchase agreement to acquire Exploris Deutschland Holding GmbH Hamburg, a European rail freight transportation company. This acquisition will make TX Logistik the second … Read the full press release

Polish Navy Commences Construction of Advanced Signals Intelligence Ships with Saab and Remontowa Partnership

(IN BRIEF) The keel laying ceremony for the first of two new Polish signals intelligence (SIGINT) ships was held at Remontowa Shipbuilding S.A. in Gdansk, Poland. Saab was awarded the contract to design and produce the SIGINT ships for the … Read the full press release

Evonik’s Climate Targets Confirmed by Science-Based Initiative, Paving the Way for Sustainable Growth

(IN BRIEF) Evonik’s climate targets have been scientifically verified and confirmed by the independent Science Based Targets initiative (SBTi), aligning with the Paris Agreement’s goal of limiting global warming. The company aims to reduce greenhouse gas emissions by 25% by … Read the full press release

Schroders Welcomes Annette Thomas as Independent Non-executive Director, Bids Farewell to Outgoing Director

(IN BRIEF) Schroders plc has announced the appointment of Annette Thomas as an Independent Non-executive Director, effective from September 1, 2023. Annette has a distinguished career in leading global publishing and data analytics businesses, with expertise in information, data, education, … Read the full press release

DNV Assists Actis in Inaugural Acquisition of Japan-Focused Renewables Fund with Due Diligence Expertise

(IN BRIEF) DNV, a global independent energy expert and assurance provider, has provided due diligence services to Actis GP LLP, a sustainable infrastructure investor, for their inaugural acquisition of a new Japan-focused renewables infrastructure fund. Actis acquired HERGO Japan Energy’s … Read the full press release