Category Archives: Business

Business Press Releases & News distributed via EuropaWire

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

Siemens launches Industrial Operations X to automate and operate industrial production

(IN BRIEF) Siemens has announced Industrial Operations X, a new open and interoperable portfolio for automating and operating industrial production as part of its Xcelerator digital business platform. The solution is designed for production engineering, execution, and optimization, bringing together … Read the full press release

Volkswagen aims to offer widest electric range in Europe with 10 new ID. models by 2026

(IN BRIEF) Volkswagen is set to unveil its latest all-electric flagship model, the ID.7, on Monday, April 17th, with a global premiere scheduled to take place simultaneously in Europe, China, and the US. The new model, positioned at the top … Read the full press release

Programa respaldado por InvestEU para beneficiar a microempresas en Lituania, Letonia y Polonia con préstamos de hasta 50 000 EUR

(NOTICIA EN BREVE) El Fondo Europeo de Inversiones (FEI) ha firmado un acuerdo de garantía de cartera con Noviti Finance para prestar casi 47 millones de euros a microempresas en Lituania, Letonia y Polonia en condiciones preferenciales. La garantía del … Read the full press release

InvestEU-backed programme to benefit micro-enterprises in Lithuania, Latvia and Poland with up to €50,000 loans

(IN BRIEF) The European Investment Fund (EIF) has signed a portfolio guarantee agreement with Noviti Finance to lend almost €47 million to micro-businesses in Lithuania, Latvia, and Poland on preferential terms. The EIF guarantee is provided under the European Union’s … Read the full press release

illimity Bank digital arm b-ilty per finanziare le PMI italiane nel nuovo accordo BEI

(NOTIZIA IN BREVE) La Banca europea per gli investimenti (BEI) ha firmato un accordo da 200 milioni di euro con illimity Bank per fornire finanziamenti alle piccole e medie imprese (PMI) in Italia. Le due banche mobiliteranno 100 milioni di … Read the full press release

illimity Bank’s digital arm b-ilty to provide funding for Italian SMEs in new EIB deal

(IN BRIEF) The European Investment Bank (EIB) has signed a €200m deal with illimity Bank to provide funding to small and medium-sized enterprises (SMEs) in Italy. The two banks will mobilize €100m each in 2023 to ensure that SMEs have … Read the full press release

Siemens Smart Infrastructure expands medium voltage portfolio with new solution for fast fault location and grid transparency

(IN BRIEF) Siemens Smart Infrastructure has launched new solutions for sustainable and smart medium voltage switchgear. The SIBushing, a sustainable and intelligent solution for smart switchgear, is designed to provide transparency and high-precision measurement of distribution systems while consuming significantly … Read the full press release

Siemens and Microsoft demonstrate AI-powered factory automation at Hannover Messe

(IN BRIEF) Siemens and Microsoft are partnering to integrate Siemens’ Teamcenter software with Microsoft’s collaboration platform Teams and Azure AI capabilities. The goal is to enhance cross-functional collaboration and utilize generative AI to drive innovation and efficiency across the design, … Read the full press release

BASF’s Swiss and US manufacturing sites receive ISCC PLUS certification for plastic additives

(IN BRIEF) BASF has received the International Sustainability and Carbon Certification (ISCC) PLUS for certain grades of plastic additives produced at its manufacturing sites in Switzerland and the United States. This certification allows BASF to offer more sustainable grades of … Read the full press release

DNV verifies Salmon Evolution’s alignment towards sustainability framework for green loan

(IN BRIEF) Norwegian land-based salmon farming company, Salmon Evolution, has secured a NOK 1.55 million green debt financing package, which is expected to provide sufficient financial runway and buffer to refinance phase 1 and finance early phase 2 at Indre … Read the full press release

PNE AG to Expand Wind Farm Capacity to 207 Megawatts

(IN BRIEF) Renewable energy company PNE AG is expanding its wind farm portfolio to generate more electricity. Currently, wind farms with a capacity of 207 megawatts are in various stages of development across Germany and France, and are expected to … Read the full press release

STFC’s Higgs Centre supports AI, robotics and Earth observation firms

(IN BRIEF) The Higgs Centre, part of the Science and Technology Facilities Council (STFC) in Edinburgh, has provided over £10m in investment to start-ups since its opening in 2018, creating over 100 jobs. The Higgs Centre focuses on supporting businesses … Read the full press release

NAGRA’s forensic watermarking integrated into QTAKE’s video assist tool for movie and TV production

(IN BRIEF) NAGRA, a subsidiary of the Kudelski Group, has announced the integration of NAGRA NexGuard QuickMark forensic watermarking into QTAKE’s video assist collaboration solutions to protect live video and playback during movie and TV production. This integration marks the … Read the full press release

Rheinmetall’s Castings Unit Secures Order for Hybrid Vehicle Engine Blocks

(IN BRIEF) Rheinmetall’s Materials and Trade division has secured an order from Shanghai Automotive Industry Corporation (SAIC) to produce over 500,000 engine blocks for a hybrid vehicle worth a figure in the mid-double-digit million-euro range. The Castings business unit of … Read the full press release