Category Archives: Business

Business Press Releases & News distributed via EuropaWire

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

Allianz Trade Highlights Need for Risk Management in Light of Forecasted Increase in Global Insolvencies

(IN BRIEF) Allianz Trade, the world’s leading trade credit insurer, has released its Global Insolvency Report, predicting a +21% increase in global insolvencies in 2023 and a further +4% rise in 2024. The report warns that prolonged pressure on profitability, … Read the full press release

Fondo europeo per gli investimenti e Norrlandsfonden firmano l’accordo di garanzia InvestEU per migliorare l’accesso delle PMI ai finanziamenti nella Svezia settentrionale

(NOTIZIA IN BREVE) Il Fondo europeo per gli investimenti (FEI) e Norrlandsfonden, un’agenzia pubblica svedese per gli investimenti, hanno firmato un accordo di garanzia sostenuto dal programma InvestEU dell’Unione europea per migliorare l’accesso ai finanziamenti per le PMI e le … Read the full press release

European Investment Fund and Norrlandsfonden Sign InvestEU Guarantee Agreement to Improve SME Access to Finance in Northern Sweden

(IN BRIEF) The European Investment Fund (EIF) and Norrlandsfonden, a Swedish public investment agency, have signed a guarantee agreement supported by the European Union’s InvestEU programme to improve access to finance for SMEs and small mid-caps in Northern Sweden. Over … Read the full press release

Airbus Helicopters seals largest order for H160 in China

(IN BRIEF) Airbus Helicopters has signed a contract with Chinese helicopter lessor and operator GDAT during French President Macron’s visit to China for 50 H160 helicopters. This contract represents the largest single order for the H160 on the civil and … Read the full press release

LEGO releases new diorama building sets for Star Wars: Return of the Jedi

(IN BRIEF) The LEGO Group has announced the release of two new diorama building sets based on scenes from Star Wars: Return of the Jedi. The sets mark the 40th anniversary of the film’s original release and feature recognizable characters … Read the full press release