Category Archives: Business

Business Press Releases & News distributed via EuropaWire

SEAT recognized for initiatives around mental health and pandemic response

(IN BRIEF) SEAT S.A. has won the European Sport & Healthy Company 2022 award in the Gold category for its projects related to the health and physical activity of its employees and of Spanish society in general. Among them were … Read the full press release

Joint Venture von ArcelorMittal mit Nippon Steel sichert sich 5-Milliarden-Dollar-Darlehen für Expansion in Indien

(IN KÜRZE) ArcelorMittal hat bekannt gegeben, dass AMNS Luxembourg Holding S.A., die Muttergesellschaft ihres Joint Ventures zur Stahlerzeugung mit der Nippon Steel Corporation in Indien, einen Kreditvertrag über 5 Milliarden US-Dollar mit mehreren Banken, darunter der Japan Bank for International … Read the full press release

ArcelorMittal’s Joint Venture with Nippon Steel Secures $5 Billion Loan for India Expansion

(IN BRIEF) ArcelorMittal has announced that AMNS Luxembourg Holding S.A., the parent company of its steelmaking joint venture with Nippon Steel Corporation in India, has secured a $5 billion loan agreement with several banks including the Japan Bank for International … Read the full press release

Bosch unveils new software platform for automation of service robots

(IN BRIEF) Bosch has developed a new software platform to simplify the development of service robots for commercial and industrial activities. According to the International Federation of Robotics, 121,000 smart machines for professional use were sold worldwide in 2021, a … Read the full press release

JBIC ermöglicht Partnerschaft mit ArcelorMittal zur Unterstützung japanischer Unternehmen in der Stahlindustrie

(IN KÜRZE) ArcelorMittal und die Japan Bank for International Cooperation (JBIC) haben am 30. März 2023 eine Absichtserklärung unterzeichnet, um ihre Partnerschaft in der Stahlindustrie und den Bemühungen zur Dekarbonisierung zu stärken. Diese Vereinbarung baut auf ihrer bestehenden Beziehung auf, … Read the full press release

JBIC Facilitates Partnership with ArcelorMittal to Support Japanese Companies in Steelmaking Industry

(IN BRIEF) ArcelorMittal and the Japan Bank for International Cooperation (JBIC) signed an MOU on March 30, 2023, to strengthen their partnership in the steelmaking industry and decarbonization efforts. This agreement builds on their existing relationship, which includes JBIC’s financing … Read the full press release

Stefan Grosch Joins Board of Management of Robert Bosch GmbH

(IN BRIEF) The board of management of Robert Bosch GmbH has announced a personnel change effective April 1, 2023. Filiz Albrecht, director of industrial relations, has decided not to extend her contract after 2024 and will step down from the … Read the full press release

Santander Private Banking Takes Home Multiple Awards at 2022 Euromoney Awards

(IN BRIEF) Santander Private Banking has been named the Best Private Bank in Latin America by Euromoney, which also recognized the bank in several other award categories including Best Bank for Family Office Services and for Wealth Transfer/Succession Planning. The … Read the full press release

CLAAS Group names Jan-Hendrik Mohr as successor to outgoing CEO Thomas Böck

(IN BRIEF) The CLAAS Group Shareholders’ Committee has appointed Jan-Hendrik Mohr as the new CEO with effect from 1 April 2023. Mohr, who has been with the CLAAS Group since 1984 and a member of the Group Executive Board since … Read the full press release

Fortescue Future Industries Signs PPA with Statkraft for Renewable Power at Holmaneset Green Energy Project

(IN BRIEF) Fortescue Future Industries (FFI) has signed a long-term Power Purchase Agreement (PPA) with Statkraft for renewable power to support its proposed 300 megawatt green hydrogen and green ammonia facility at the Holmaneset Project site in Norway. FFI undertook … Read the full press release

ASSA ABLOY to Acquire Italian High-Security Residential Lock Manufacturer Mottura

(IN BRIEF) ASSA ABLOY, a leading Swedish lock and security company, has signed an agreement to acquire Mottura Serrature di sicurezza Spa, an Italian manufacturer of high-security residential armored lock cases and security cylinders. The acquisition will strengthen ASSA ABLOY’s … Read the full press release

TenneT to build 40 GW of offshore wind energy to fulfill North Sea Energy Summit’s target

(IN BRIEF) Transmission System Operator (TSO) TenneT has collaborated with Hitachi Energy, Petrofac, GE/SMOP and GE/McDermott to develop a new global market standard for 2 GW HVDC systems, a crucial component of TenneT’s innovative 2GW Program. This program consists of … Read the full press release

DNV Achieves Record Turnover in 2022, on Track to Hit Growth Targets

(IN BRIEF) DNV, a provider of assurance and risk management services, has achieved record turnover in 2022, posting revenues of 25,031 million Norwegian Kroner (NOK), a year-on-year growth of 16.6%. The company is well-positioned to achieve its 45% revenue growth … Read the full press release

Das französische Cybersicherheitsunternehmen DataDome erhält in einer Finanzierungsrunde 42 Millionen US-Dollar

(IN KÜRZE) DataDome, ein in Frankreich ansässiges Unternehmen, das eine Plattform zum Erkennen und Blockieren von böswilligem automatisiertem Datenverkehr auf Websites, mobilen Apps und API-Endpunkten anbietet, hat in einer Finanzierungsrunde der Serie C 42 Millionen US-Dollar aufgebracht. Die Runde wurde … Read the full press release

French cyber security firm DataDome raises $42m in funding round

(IN BRIEF) DataDome, a French-based company that provides a platform for detecting and blocking malicious automated traffic on websites, mobile apps, and API endpoints, has raised $42 million in a Series C funding round. The round was led by InfraVia … Read the full press release

Loughborough University’s world-leading gym space equipped with latest technology and training equipment

(IN BRIEF) Loughborough University has opened a brand new extension to its Powerbase gym, doubling its size to 3,200 m2, home to Loughborough’s elite strength and conditioning environment. The facility has been designed to be fully inclusive and accessible, with … Read the full press release

BBVA recognized for commitment to talent development and corporate culture by Gallup

(IN BRIEF) BBVA receives 2023 Gallup Exceptional Workplace Award for commitment to corporate culture and talent development. The award recognizes companies that excel in creating exceptional work environments and developing their workforce. BBVA was chosen as one of the leading … Read the full press release

BBVA’s Global Trade Finance portal offers free access to import-export solutions and information from over 170 countries

(IN BRIEF) BBVA has launched the Global Trade Finance portal to help import export companies streamline their operations and access information to support their international transactions. The free platform provides users with information on BBVA’s trade finance solutions, as well … Read the full press release

NIB signs a EUR 49.2m loan agreement with Demant for hearing technology research and development

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a new seven-year loan agreement with Danish global hearing healthcare company Demant A/S, providing DKK 375 million (EUR 49.2 million) to finance the company’s research and development programme for the 2021-2022 … Read the full press release

EY collaborates with Microsoft to develop Intelligent Payroll Chatbot using Azure OpenAI

(IN BRIEF) EY has announced a deepened collaboration with Microsoft to develop the EY Intelligent Payroll Chatbot as part of the Next Gen Payroll Platform. Using Azure OpenAI Service and EY payroll offerings, the generative AI chatbot is designed to … Read the full press release