Category Archives: Business

Business Press Releases & News distributed via EuropaWire

thyssenkrupp transformation: the company divests Acciai Speciali Terni (AST) to Arvedi, one of Europe’s most significant steel makers

Further milestone achieved in focusing the portfolio and realigning the group Stainless steel business will profit from new owner’s willingness to invest and attractive development prospects Parties agree not to disclose purchase price; closing expected within first half of 2022 … Read the full press release

New joint venture by IVECO and Nikola in Ulm, Germany to start production of Nikola Tre electric heavy-duty trucks by end of 2021

The partnership between the global commercial vehicles manufacturer and the US-based group specializing in zero-emission Class 8 heavy-duty trucks and related energy solutions is about to begin its manufacturing journey in Ulm, Germany. (PRESS RELEASE) ULM, Germany, 16-Sep-2021 — /EuropaWire/ … Read the full press release

Norlandia Preschools AS to acquire Norwegian preschool chain Gnist Barnehager AS

(PRESS RELEASE) OSLO, 16-Sep-2021 — /EuropaWire/ — Altor, a family of private equity funds focused on the Nordic region, has announced the sale of Norwegian preschool chain Gnist Barnehager AS (“Gnist”) to Norlandia Preschools AS (“Norlandia”). The sellers are the … Read the full press release

EY Accelerate for RISE with SAP supports EY clients’ vision and accelerates positive change

Provides a suite of accelerators, tools, and services to help organizations innovate faster Drives businesses’ digital transformation and accelerates shift to the cloud (PRESS RELEASE) LONDON, 16-Sep-2021 — /EuropaWire/ — EY, a multinational professional services firm, has announced the launch … Read the full press release

Schneider Electric to digitize and analyze data to improve Alfa Laval’s energy performance and operational efficiency

(PRESS RELEASE) LUND, 15-Sep-2021 — /EuropaWire/ — Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling, has announced it extended global collaboration with Schneider Electric to digitize and analyze data to improve operational efficiency. The two … Read the full press release

“Shemakes Voices” spotlights women innovators in sustainable fashion

Designers, policy-makers, thinkers and makers chat in an online video series by shemakes, the EU-funded project to inspire and empower future female innovators in sustainable textile and clothing. (PRESS RELEASE) FLORENCE, 15-Sep-2021 — /EuropaWire/ — Shemakes Voices, starting September 22, … Read the full press release

bp executive vice president, gas & low carbon energy Dev Sanyal to leave the company after three decades

(PRESS RELEASE) LONDON, 14-Sep-2021 — /EuropaWire/ — bp (LON: BP), a British multinational oil and gas company, has announced the departure of Dev Sanyal, executive vice president, gas & low carbon energy. Dev has been a member of bp’s executive … Read the full press release

Leading renewable energy executive Anja-Isabel Dotzenrath to join bp in early 2022

Brings strategic vision and deep operational experience from running major renewables companies A proven leader who has grown and integrated businesses Turned RWE Renewables into one of the world’s largest renewable power companies and the second largest offshore wind player (PRESS RELEASE) LONDON, 14-Sep-2021 — … Read the full press release

Rolls-Royce sells its 23.1 percents in AirTanker Holdings Limited to Equitix Investment Management Limited for £189m (~EUR 222m)

(PRESS RELEASE) LONDON, 13-Sep-2021 — /EuropaWire/ — Rolls-Royce (LSE:RR., ADR:RYCEY), the pre-eminent engineering company with focus on world-class power and propulsion systems, has announced the sale of its 23.1% shareholding in AirTanker Holdings Limited to Equitix Investment Management Limited for … Read the full press release

Paul Bestford to lead Nutreco’s procurement

(PRESS RELEASE) AMERSFOORT, 13-Sep-2021 — /EuropaWire/ — Nutreco, a global leader in animal nutrition and aquafeed, has announced the appointment of Paul Bestford as the company’s new Chief Procurement Officer (CPO). Paul is coming from Burberry where he led the … Read the full press release

EBRD’s Women in Business and the Women Entrepreneurs Finance Initiative (We-Fi) to help Mongolian furniture manufacturer Ganbros set foothold in Russian and Chinese markets

(PRESS RELEASE) LONDON, 13-Sep-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), an international financial institution, has announced that its Women in Business programme funded by the Women Entrepreneurs Finance Initiative (We-Fi) will provide support and business … Read the full press release

Natural Cotton Color features organic cotton fabrics that already grow colorful

(PRESS RELEASE) JOÃO PESSOA, PARAÍBA, Brazil, 13-Sep-2021 — /EuropaWire/ — The Brazilian company Natural Cotton Color has developed new yarns and fabrics for the sustainable fashion market, made from organic colored cotton lint from Paraíba, Northeast region of Brazil. The … Read the full press release

Mercedes-Benz marks 70 years of producing various models of cars, vans, buses, trucks in Argentina

(PRESS RELEASE) BUENOS AIRES, 10-Sep-2021 — /EuropaWire/ — Mercedes-Benz celebrates 70 years of production in its factory in Buenos Aires, Argentina, its first plant outside of Germany. Having been the first productive subsidiary, meant the initial step of the worldwide … Read the full press release

Yara ranked third among 100 largest companies on the Oslo Stock Exchange in ESG reporting

(PRESS RELEASE) OSLO, 10-Sep-2021 — /EuropaWire/ — Yara International, Norwegian chemical company, announces that it has been ranked among the top performers in a new report from The Governance Group evaluates and ranks the environmental, social, and governance (ESG) reporting … Read the full press release

Galp expands its charging points network in Portugal with the acquisition of Mobiletric

Transaction to expand Galp’s electric charging network by 280 points in the short term Galp strengthens its ambition to have 10,000 charging points in operation in the Iberian Peninsula by the end of 2025 (PRESS RELEASE) LISBON, 8-Sep-2021 — /EuropaWire/ … Read the full press release

Accenture to accelerate Indian fashion and beauty retailer Shoppers Stop Ltd’s digital commerce transformation across multiple retail channels

Use of data and analytics to reimagine and enhance customer experience (PRESS RELEASE) MUMBAI, 7-Sep-2021 — /EuropaWire/ — Accenture (NYSE: ACN), a global professional services company with leading capabilities in digital, cloud and security, has announced it will help Shoppers … Read the full press release

French product management consulting company BENEXT to join Accenture’s OCTO Technology and expand global capabilities of Accenture Cloud First

Acquisition would bolster Accenture Cloud First services and skills in product management and agile transformation (PRESS RELEASE) PARIS, 7-Sep-2021 — /EuropaWire/ — Accenture (NYSE: ACN), a global professional services company with leading capabilities in digital, cloud and security, has announced … Read the full press release

Zumtobel Group in Q1: revenues up by 15.4 percents; Group confirms FY 2021/22 outlook despite increased raw material prices

Group revenues rise by 15.4% to EUR 289.3 million in the first quarter EBIT nearly triples to EUR 20.1 million Net profit rises to EUR 13.4 million Outlook for the 2021/22 financial year confirmed despite increased raw material prices and … Read the full press release

ABB’s Peter Voser joins Xynteo’s Europe Delivers partnership as its new Chairman

ABB Peter Voser joins Xynteo Europe Delivers partnership as its new Chairman

(PRESS RELEASE) LONDON, 3-Sep-2021 — /EuropaWire/ — Xynteo today announced that Peter Voser, Chairman of ABB Ltd., has agreed to serve as Chairman of Europe Delivers, a purpose-driven partnership that helps businesses and governments find new ways to grow while … Read the full press release

Barry Callebaut Group takes over Belgian privately-owned B2B manufacturer of chocolate specialties and decorations

Strengthening of Barry Callebaut’s manufacturing capabilities in the growing market of highly customized chocolate specialties and decorations (PRESS RELEASE) ZURICH, 3-Sep-2021 — /EuropaWire/ — Barry Callebaut Group (SWX: BARN), Switzerland-based cocoa processor and chocolate manufacturer, has announced that it has … Read the full press release