Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Equifax, Experian, and TransUnion remove medical collection debt under $500 from consumer credit reports

(IN BRIEF) Equifax, Experian, and TransUnion have announced that medical collection debt with an initial reported balance of under $500 has been removed from U.S. consumer credit reports. This change reflects a commitment made by the Nationwide Credit Reporting Agencies … Read the full press release

University of St Andrews commits to gender equality in golf through The R&A Women in Golf Charter

(IN BRIEF) The University of St Andrews in Scotland has signed The R&A Women in Golf Charter, committing to gender equality and diversity in the golf industry. The charter, launched in 2018, promotes the recruitment, retention and progression of women … Read the full press release

Skanska Norway’s new Business Unit President brings 20 years of industry experience

(IN BRIEF) Skanska has announced the appointment of Stein Ivar Hellestad as the new Business Unit President for Skanska Norway. Hellestad, who has been with Skanska Norway for over 13 years and has served as the Chief Financial Officer for … Read the full press release

Skanska divests Borås district court building to Vacse for SEK 320M

(IN BRIEF) Skanska has divested a new district court building in Borås, Sweden, to Vacse for SEK 320m. Skanska and Vacse jointly developed the property, which features 13 courtrooms across five floors and is expected to be environmentally certified according … Read the full press release

Skanska to construct Solitude buttress project for BHP Copper

(IN BRIEF) Skanska has won a contract worth USD 60M to construct the Solitude buttress main civil works project at the Solitude Closure Tailings site in Arizona, USA. The project aims to improve the stabilization of a historic tailings embankment … Read the full press release

Skanska Awarded Contract by Norwegian Road Authority for Motorway Construction

(IN BRIEF) Construction company Skanska has secured a contract worth NOK 378m (about SEK 390m) from the Norwegian Road Authority (NPRA) to build a new four-lane motorway and footpath and cycleways in Rogaland County, Norway. The project, which includes the … Read the full press release

AFRY concludes divestment of Russian unit to local management

(IN BRIEF) AFRY, a Swedish engineering consulting firm, has completed the divestment of its Russian subsidiary to local management. The divestment will not affect AFRY’s EBITA excluding items affecting comparability. The company had earlier communicated about the divestment, and it … Read the full press release

Electrolux Group’s Memphis manufacturing facility divestment deal fails to close as buyer defaults

(IN BRIEF) Electrolux has announced that the divestment of its Memphis manufacturing facility in Tennessee, USA, will not be completed as intended. The buyer failed to close the deal, and the company will now seek an alternative buyer. The agreement … Read the full press release

Stellantis’ Freedom of Mobility Forum debuts with “decarbonised world” debate

(IN BRIEF) Stellantis and Wavestone have published key takeaways from the Freedom of Mobility Forum’s inaugural digital debate, titled “In a decarbonized world, will freedom of mobility be affordable to a happy few only?” The debate featured a diverse group … Read the full press release

Sanofi gains full control of nirsevimab in US with new contractual agreements

(IN BRIEF) Sanofi has simplified its contractual arrangements with AstraZeneca and Sobi for the development and commercialization of Beyfortus (nirsevimab) in the United States. Under the new arrangements, Sanofi will have full commercial control of nirsevimab in the U.S. Sanofi … Read the full press release

AkzoNobel Develops Digital Management System for Fleet-Wide Aircraft Painting Optimization

(IN BRIEF) AkzoNobel’s Aerospace Coatings business has developed a digital management system called Aerofleet Coatings Management that enables airlines and operators to optimize paint maintenance schedules for their entire fleets. Aerofleet captures data from both manual and drone-operated inspections to … Read the full press release

Bekaert-led Comforthybel project accelerates green hydrogen pipeline development

(IN BRIEF) The high-pressure transmission network for green hydrogen will require repurposed natural gas pipelines for long-distance transport, as well as numerous new, small to medium diameter pipelines to create an interconnected grid stretching from production areas to distribution points … Read the full press release

Mark Hastings brings 18 years of financial services experience to Nucleus

(IN BRIEF) Mark Hastings has joined Nucleus as the new leader of the finance team’s day-to-day operations, including financial planning and analysis, financial control, and treasury. This is a newly created role, and he will report to Mike Regan, the … Read the full press release

Arkema arbeitet mit Prossergy und Enercat zusammen, um ein innovatives Verfahren zur Emissionsreduzierung zu entwickeln

(IN KÜRZE) Arkemas Lacq/Mourenx-Plattform in Pyrénées-Atlantiques, Frankreich, hat ein neues innovatives Verfahren in Betrieb genommen, das seine Treibhausgasemissionen um 28 % reduzieren wird. Die Plattform ist auf die Chemie von Spezialschwefelderivaten spezialisiert und verfügt über eine Anlage, deren Herstellungsprozess Stickoxide … Read the full press release

Arkema partners with Prossergy and Enercat to develop innovative process for emissions reduction

(IN BRIEF) Arkema’s Lacq/Mourenx platform in Pyrénées-Atlantiques, France, has commissioned a new innovative process that will reduce its greenhouse gas emissions by 28%. The platform specializes in the chemistry of specialty sulfur derivatives and has a unit whose manufacturing process … Read the full press release

TotalEnergies per ottimizzare il portafoglio con la vendita delle linee di prodotti Cray Valley

(NOTIZIA IN BREVE) TotalEnergies ha accettato di vendere tre linee di prodotti, tra cui quattro siti produttivi negli Stati Uniti e l’affiliata Cray Valley Italia, a Pacific Avenue Capital Partners. Le linee di prodotti da acquisire sono Wingtack, PolyBD e … Read the full press release

TotalEnergies to optimize portfolio with sale of Cray Valley’s product lines

(IN BRIEF) TotalEnergies has agreed to sell three product lines, including four production sites in the United States and the Cray Valley Italy affiliate, to Pacific Avenue Capital Partners. The product lines to be acquired are Wingtack, PolyBD, and Dymalink, … Read the full press release

FCA nimmt am Greenwashing TechSprint von GFIN teil, um sich mit Nachhaltigkeitsansprüchen bei Finanzdienstleistungen zu befassen

(IN KÜRZE) Das Global Financial Innovation Network (GFIN) veranstaltet seinen allerersten Greenwashing TechSprint, und die Financial Conduct Authority (FCA) gehört zu den 13 teilnehmenden internationalen Regulierungsbehörden. Der TechSprint zielt darauf ab, ein Tool oder eine Lösung zu entwickeln, um die … Read the full press release

FCA joins GFIN’s Greenwashing TechSprint to address sustainability claims in financial services

(IN BRIEF) The Global Financial Innovation Network (GFIN) is hosting its first-ever Greenwashing TechSprint, and the Financial Conduct Authority (FCA) is among the 13 international regulators participating. The TechSprint aims to develop a tool or solution to effectively tackle the … Read the full press release

Allianz Trade unterstreicht die Notwendigkeit des Risikomanagements angesichts des prognostizierten Anstiegs der weltweiten Insolvenzen

(IN KÜRZE) Allianz Trade, der weltweit führende Warenkreditversicherer, hat seinen Global Insolvency Report veröffentlicht, der einen Anstieg der weltweiten Insolvenzen um +21 % im Jahr 2023 und einen weiteren Anstieg um +4 % im Jahr 2024 prognostiziert. Der Bericht warnt … Read the full press release