Category Archives: Business

Business Press Releases & News distributed via EuropaWire

University of Exeter Recognized as Finalist for UK Social Mobility Awards

(IN BRIEF) The University of Exeter has been nominated for prestigious national awards, the UK Social Mobility Awards, in the Leadership of the Year and University of the Year categories. The university’s initiatives aim to improve access to higher education … Read the full press release

Banijay Unveils Reorganization in Asia, Combining Endemol Shine India and Banijay Asia

(IN BRIEF) Banijay, a prominent media and entertainment company, has successfully reorganized its operations in Asia by merging Endemol Shine India and Banijay Asia under the leadership of Deepak Dhar, who assumes the role of Founder & Group CEO of … Read the full press release

EBRD and CGI Launch Climate Governance Platform “Chapter Zero Egypt” to Drive Sustainable Business Practices

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Climate Governance Initiative (CGI) have collaborated to launch Chapter Zero Egypt, a platform aimed at promoting effective climate governance practices among businesses and financial institutions in Egypt. Chapter … Read the full press release

Continental Becomes Exclusive Tire Supplier for Brabus’ Most Powerful Supercar, the Brabus 930

(IN BRIEF) Continental has been chosen as the exclusive tire supplier for the new Brabus 930, the most powerful supercar in Brabus’ lineup. The car will be equipped with Continental tires, with size 275/35 ZR 21 at the front and … Read the full press release

TotalEnergies, Aramco, and SABIC Successfully Convert Plastic Waste into Certified Circular Polymers in the Middle East

(IN BRIEF) TotalEnergies, Aramco, and SABIC have achieved a significant milestone in the Middle East and North Africa by successfully converting plastic waste-derived oil into ISCC+ certified circular polymers. The plastic pyrolysis oil was processed at the SATORP refinery in … Read the full press release

Michelin’s Road-Approved Car Tire with Sustainable Materials Wins AutomotiveINNOVATIONS Award

(IN BRIEF) Michelin has been honored with the AutomotiveINNOVATIONS Award 2023 in Frankfurt for its road-approved car tires containing 45% sustainable materials. The award recognizes Michelin’s commitment to producing tires made entirely from sustainable materials by 2050, with an interim … Read the full press release

Michelin Introduces Expanded CROSSGRIP Range with Enhanced Versatility and Performance

(IN BRIEF) Michelin is expanding its CROSSGRIP range with the addition of two new dimensions: 480/70R20 and 480/80R26. Designed for various vehicles, including industrial, agricultural, and handling equipment, the CROSSGRIP range offers exceptional versatility on roads, grass, and snow. The … Read the full press release

SEAT S.A. Announces Battery Cell Assembly Plant in Martorell, Advancing Electrification Plan

(IN BRIEF) SEAT S.A., under the leadership of President Wayne Griffiths, has confirmed plans to construct a battery cell assembly plant in Martorell. The company has applied to the new Battery PERTE VEC and intends to invest an additional 300 … Read the full press release

Barclays Strengthens M&A Franchise with Key Appointments

(IN BRIEF) Barclays has announced the expansion of its M&A franchise through the appointment of Dan Grabos as Co-Head of Americas M&A, alongside Larry Hamdan. In addition to his new role, Grabos will continue serving as Co-Head of Industrials M&A. … Read the full press release

Aegon Announces Coupon Rate Determination for USD Perpetual Capital Securities

(IN BRIEF) Aegon has disclosed that a coupon rate of 3.93894% has been established for the USD Perpetual Capital Securities. Due to the discontinuation of USD LIBOR, the calculation agent was unable to determine the necessary swap rates. As a … Read the full press release

Nathalie Bricker and Stéphane Morin Assume Key Financial Roles within Groupe BPCE

(IN BRIEF) Nathalie Bricker has been appointed Global Head of Finance & Strategy at Natixis Investment Managers, the asset management arm of Groupe BPCE. Currently serving as Chief Financial Officer for Groupe BPCE’s global businesses, Bricker will report to Tim … Read the full press release

Selma Dupont Drissi Appointed Head of Strategy at Crédit Agricole S.A.

(IN BRIEF) Crédit Agricole S.A. has announced the appointment of Selma Dupont Drissi as the new Head of Strategy, effective from July 17, 2023. Dupont Drissi brings a wealth of experience in management, strategy, and organizational projects, having previously worked … Read the full press release

European Investment Bank and Banco Santander Partner to Boost Renewable Energy in Brazil

(IN BRIEF) The European Investment Bank (EIB) and Banco Santander (Brasil) have signed a €300 million loan agreement to promote the use of renewable energy in Brazil. The loan will support the installation of small-scale solar photovoltaic plants, primarily on … Read the full press release

Holcim Advances Net-Zero Agenda with EU Innovation Fund Support for CCUS Projects

(IN BRIEF) Holcim, a global building materials leader, has secured three grants from the EU Innovation Fund for its breakthrough Carbon Capture Utilization and Storage (CCUS) projects in Belgium, France, and Croatia. These grants support Holcim’s efforts to advance the … Read the full press release

EQT AB to Repurchase up to 1.8 Million Shares as part of Share Allocation Program

(IN BRIEF) EQT AB has announced its plan to repurchase a maximum of 1,800,000 of its own ordinary shares, amounting to a total maximum value of SEK 500,000,000. The decision was made in accordance with the authorization granted by the … Read the full press release

NLB Banka Prishtina Becomes EBRD Partner to Empower Women Entrepreneurs in Kosovo

(IN BRIEF) NLB Banka Prishtina has partnered with the European Bank for Reconstruction and Development (EBRD) in Kosovo. The EBRD has provided two loans totaling €10 million to NLB Prishtina, which will lend the funds to small businesses in Kosovo, … Read the full press release

Vodafone Implements Network Slicing for Business and Public Sector Critical Applications

(IN BRIEF) Vodafone is leveraging network slicing technology to provide business customers with dedicated slices of the network to support on-demand, secure, and reliable connectivity. Network slicing allows the creation of virtual networks that can be isolated and optimized for … Read the full press release

Terna’s Driving Energy Award 2023 Sees Record Participation in Contemporary Photography

(IN BRIEF) Terna’s Driving Energy Award 2023 – Contemporary Photography has received a record number of participants, with 2,800 photographs submitted from all regions and provinces of Italy. The second edition of the award focuses on the theme “In praise … Read the full press release

UAE and Spain Collaborate on Boosting Renewable Energy Capacity

(IN BRIEF) Dr Sultan Al Jaber, Chairman of Masdar, and Ignacio Galán, Executive Chairman of Iberdrola, met in Madrid to discuss increasing renewable energy capacity and supporting global net-zero goals. The meeting took place ahead of the UAE hosting the … Read the full press release

VINCI Consortium Secures First Design-Build Contract for Grand Paris Express Line 15 West

(IN BRIEF) Société du Grand Paris has awarded a €2.71 billion design-build contract to a consortium led by VINCI Construction and VINCI Energies for the first section of Line 15 West of the Grand Paris Express. The project includes the … Read the full press release