Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Siemens Gamesa to supply turbines for RWE’s 1 GW onshore wind farm portfolio

(IN BRIEF) German energy company RWE has signed a framework agreement with Siemens Gamesa to build onshore wind farms across Europe using Siemens Gamesa turbines. The agreement stipulates that Siemens Gamesa will supply wind turbines with a total capacity of … Read the full press release

Airbus Defence and Space Unveils New GVTC for Safe Transport of Sick and Injured

(IN BRIEF) Airbus Defence and Space has delivered the first of 13 protected-wounded transport containers (GVTC) to the German Armed Forces. The GVTC, developed in partnership with Drehtainer GmbH and Binz Automotive, is based on the international ISO standard 20-foot … Read the full press release

IBM Watson Technology to Provide New AI-Driven Insights and Automation for SAP Solutions

(IN BRIEF) SAP and IBM have announced a partnership to embed IBM Watson technology into SAP solutions, providing AI-driven insights and automation to enable more efficient and effective user experiences. SAP Start, a digital assistant that offers a unified entry … Read the full press release

European Investment Fund and Flex Funding Agreement to Help Smaller Danish Firms Access Funding

(IN BRIEF) Danish SME crowdlending platform, Flex Funding, has signed an agreement with the European Investment Fund (EIF) for a guarantee of DKK 111.7 million, enabling up to 160 smaller Danish companies to obtain funding with attractive terms to continue … Read the full press release

Rediscover, Reimagine, Rebuild: York Festival of Ideas reveals eclectic lineup

(IN BRIEF) The York Festival of Ideas has announced its programme for 2023, under the theme of “Rediscover, Reimagine, Rebuild”. More than 150 events will be held from 2 to 15 June, featuring in-person and online events with a line-up … Read the full press release

ABP’s Horizon Cruise Terminal Proves Capability to Support LNG-Powered Ships

(IN BRIEF) The Port of Southampton, owned and operated by Associated British Ports (ABP), has welcomed two LNG-powered cruise ships on their maiden calls in just four days. AIDAnova and Le Commandant Charcot proved the port’s capability to support such … Read the full press release

ABP opens dedicated history floor at Immingham Museum

(IN BRIEF) Associated British Ports (ABP) has officially opened the ABP Room, a floor dedicated to the history of the Port of Immingham at Immingham Museum in the Humber. The room, located on the museum’s first floor, was made possible … Read the full press release

Bentley partners with Goodwoof festival as exclusive automotive sponsor

(IN BRIEF) Luxury automaker Bentley has been named the exclusive automotive partner for the upcoming Goodwoof festival, which celebrates all things canine. The event will be held on May 20-21 at the Goodwood estate in West Sussex, England, and feature … Read the full press release

LEGO Super Mario expands franchise with Donkey Kong-inspired world

(IN BRIEF) The LEGO Group has announced the expansion of its LEGO Super Mario franchise to include Donkey Kong, Cranky Kong, Diddy Kong, Funky Kong, and Dixie Kong for the first time ever in LEGO brick form. Four new products … Read the full press release

Technical University of Munich students set new standards with latest electric car design

(IN BRIEF) The Technical University of Munich has unveiled its latest electric car developed by student group TUfast Eco. The new car, called muc023, sets new standards in efficiency with lower weight, increased efficiency in individual components and significantly reduced … Read the full press release

Accenture strengthens retail and consumer electronics offerings with Einr acquisition

(IN BRIEF) Accenture has announced its agreement to acquire Einr, a Norwegian business consulting company specialized in high volume logistics solutions using SAP technologies to optimize the flow of products from manufacturers to consumers. The acquisition will enhance Accenture’s SAP … Read the full press release

Infineon’s HybridPACK Drive G2 extends integrated B6 package to higher power and ease-of-use

(IN BRIEF) Infineon Technologies AG has launched the HybridPACK Drive G2, a new automotive power module that offers scalability and extends the concept of an integrated B6 package to higher power and ease-of-use. The HybridPACK Drive G2 is available with … Read the full press release

Infineon Technologies launches dual-port USB-C power delivery solution for in-car charging

(IN BRIEF) Infineon Technologies AG has launched the EZ-PD CCG7D, a dual-port USB-C power delivery solution with an integrated boost controller for in-car charging applications that comply with the latest USB Type-C and PD specifications (Ver. 3.1). The PD solution … Read the full press release

Schneider Electric launches Easy UPS 3-Phase Modular with Live Swap functionality

(IN BRIEF) Schneider Electric has launched Easy UPS 3-Phase Modular, a robust uninterruptible power supply designed to protect critical loads while offering third-party verified Live Swap functionality. This system is available in 50-250 kW capacity with N+1 scalable configuration and … Read the full press release

Skanska to reduce congestion on California’s State Route 57/60 with $267M contract

(IN BRIEF) Skanska has signed a contract worth USD 267M with the San Gabriel Valley Council of Governments to make improvements to the California State Route 57/60 interchange, which is part of the State Route 57/60 confluence running through Diamond … Read the full press release

Standard Chartered updates net zero roadmap with focus on oil and gas emissions reduction

(IN BRIEF) Standard Chartered has updated its net zero roadmap and announced a target of a 29% reduction in absolute financed emissions for the oil and gas sector by 2030, when calculated from a 2020 baseline. The bank’s approach ensures … Read the full press release

Henkel Launches New Industrial Resin for End-Use Applications in Additive Manufacturing

(IN BRIEF) Henkel has launched a new industrial resin, Loctite 3D IND249, designed for end-use industrial applications. The high-temperature and high-strength material can print challenging geometries with fine feature resolution and offers low viscosity while still displaying high green strength, … Read the full press release

European Customer Awards Rheinmetall Tank Ammunition Contract

(IN BRIEF) German technology company Rheinmetall has been awarded a contract worth over €200 million to supply tank ammunition to a European customer. The ammunition will be delivered between 2023 and 2025. Rheinmetall is the sole supplier of newly made … Read the full press release

Škoda Auto Set to Unveil Modern, Efficient Superb and Kodiaq Models in Autumn 2023

(IN BRIEF) Czech car manufacturer Škoda Auto has released silhouette images of the new-generation Superb hatchback and Combi estate versions and its top SUV, the Kodiaq, which will be unveiled separately in autumn 2023. The new vehicles will offer modern, … Read the full press release

Deutsche Bank to Acquire Numis Corporation in All-Cash Offer

(IN BRIEF) Deutsche Bank has agreed on the terms of an all-cash offer to acquire Numis Corporation Plc, a UK-based corporate broking and advisory house. The acquisition will allow Deutsche Bank to become a leading provider to more than 170 … Read the full press release