Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Siemens to Unveil Complete Virtual PLC at Hannover Messe 2023

(IN BRIEF) Siemens will showcase its first complete virtual programmable logic controller (PLC) at the Hannover Messe 2023. The Simatic S7-1500V meets special market requirements and enables the virtual hosting of PLC computing, expanding the existing Simatic portfolio. Siemens’ Industrial … Read the full press release

Siemens Mobility’s Vectron Becomes First Locomotive Approved for ETCS on Öresund Connection

(IN BRIEF) Siemens Mobility’s Vectron locomotive has been approved for operating on the Scandinavian Corridor, allowing both freight and passenger trains to run along the entire corridor without changing locomotives. The first operator to take advantage of this is the … Read the full press release

Interactive Art Installation ‘The Hungriest Eye’ Opens at Venice’s Procuratie Vecchie

(IN BRIEF) The Art Studio at Venice’s Procuratie Vecchie in St. Mark’s Square is displaying ‘The Hungriest Eye – The Blossoming of Potential’ by Arthur Duff from April 15, 2023, until March 10, 2024. The artwork is an interactive representation … Read the full press release

Ghana approves Oxford-developed malaria vaccine for use in children

(IN BRIEF) The Food and Drugs Authority of Ghana has granted full national licensure for the R21/Matrix-M malaria vaccine developed by the University of Oxford and manufactured by the Serum Institute of India using Novavax’s adjuvant technology. This marks the … Read the full press release

Le groupe Volkswagen rejoint le groupe de travail sur le cuir pour un approvisionnement plus responsable en matières premières

(ACTUALITÉ EN BREF) Les marques du groupe Volkswagen ont rejoint le Leather Working Group (LWG) pour jouer un rôle de premier plan dans l’approvisionnement responsable en matières premières, en promouvant la durabilité tout au long de la chaîne de valeur. … Read the full press release

Volkswagen Group Joins Leather Working Group for More Responsible Raw Material Procurement

(IN BRIEF) The Volkswagen Group’s brands have joined the Leather Working Group (LWG) to play a leading role in responsible raw material procurement, promoting sustainability throughout the entire value chain. The LWG is a non-profit organization that certifies leather manufacturers … Read the full press release

El programa del BERD y la UE ayuda a las empresas armenias a invertir en tecnología sostenible

(NOTICIA EN BREVE) El Banco Europeo para la Reconstrucción y el Desarrollo (BERD) y la Unión Europea (UE) han lanzado conjuntamente el programa EU4Business-BERD Credit Line en Armenia para ayudar a las pequeñas y medianas empresas (PYME) a adoptar tecnologías … Read the full press release

EBRD and EU Program Helps Armenian Companies Invest in Sustainable Technology

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have jointly launched the EU4Business-EBRD Credit Line program in Armenia to support small and medium-sized enterprises (SMEs) in adopting greener technology, improving product quality, and … Read the full press release

Amprion invests record 1.5 billion euros in grid expansion

(IN BRIEF) Amprion, the transmission system operator, invested a record amount of 1.5 billion euros in grid infrastructure expansion and conversion in the completed financial year. The company plans to invest around 22 billion euros in the transmission grid over … Read the full press release

Volvo Group’s CampX accelerator adds fintech to innovation focus areas

(IN BRIEF) Volvo Group’s innovation hub, CampX, has expanded its focus areas to include financial technology (fintech) to accelerate the transition to sustainable transport solutions. Fintech is transforming the financial services industry through partnerships with startups and changing how customers … Read the full press release

EDF announces new Executive VP of Human Resources: Caroline Chanavas

(IN BRIEF) Caroline Chanavas is set to join EDF as Executive Vice-President of Human Resources on April 17, 2023, to succeed Christophe Carval, who will retire in the coming months. Chanavas, who is currently the Executive Vice-President of Human Resources … Read the full press release

Scania and Kässbohrer team up for world’s first all-electric car transporter

(IN BRIEF) German logistics company ARS Altmann Automobillogistik has introduced the world’s first all-electric Scania standard car transporter. The 230 kWh-strong Scania P 25 battery-electric vehicle has been combined with a Kässbohrer body and trailer, enabling simple, safe, and quick … Read the full press release

BP’s digital technologies set to revolutionize oil production at Argos platform in Gulf of Mexico

(IN BRIEF) BP has announced the start of oil production at the Argos offshore platform, its fifth platform in the Gulf of Mexico and the first new bp-operated production facility in the region since 2008. The platform is the centerpiece … Read the full press release

Bosch aims to achieve sustainable growth with industrial technology

(IN BRIEF) Bosch aims for sustainable growth with investment in industrial technology, with plans to increase sales from €7 billion to over €10 billion by 2028. This expansion is expected to be driven by increasing demand for automation and Industry … Read the full press release

Hexagon appoints Madlen Nicolaus as Chief Marketing Officer to lead marketing efforts

(IN BRIEF) Hexagon AB, a global leader in digital reality solutions, announced the appointment of Madlen Nicolaus as its Chief Marketing Officer (CMO), effective from April 24, 2023. Nicolaus is a marketing expert who has previously led enterprise and consumer … Read the full press release

Orange appoints Laurent Martinez as Executive Director for Finance, Performance and Development

(IN BRIEF) Laurent Martinez has been appointed as the Executive Director of Finance, Performance and Development for Orange Group starting from September 1, 2023. He is currently the Chief Financial Officer of Alstom and has played a key role in … Read the full press release

Turquoise Europe™ introduces Turquoise Retail Max™ for best execution of pan-European securities

(IN BRIEF) LSEG (London Stock Exchange Group) has launched a new trading service, Turquoise Retail Max™, to support European retail brokers in meeting their best execution obligations and deliver price improvement for end retail investors when trading pan-European securities. Turquoise … Read the full press release

Siemens expands simulation portfolio for motion control drives with Sinamics DriveSim Advanced

(IN BRIEF) Siemens is introducing Sinamics DriveSim Advanced, an extended simulation software for drive constellations that can be used for both engineering and commissioning on the basis of a digital twin. The software can create a digital twin of the … Read the full press release

Siemens expands sustainable blue GIS portfolio with 8DAB 40 switchgear for primary distribution networks

(IN BRIEF) Siemens Smart Infrastructure has expanded its sustainable blue GIS portfolio with the 8DAB 40, a switchgear for primary distribution networks up to 40.5 kV that uses “Clean Air” as an insulating medium, making it climate-friendly and free of … Read the full press release