Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Latest Lloyds Bank UK Recovery Tracker: record input cost pressure as energy and salary costs soar squeezed firms’ margins

Latest Lloyds Bank UK Recovery Tracker reveals that the pace of the UK’s recovery slowed in November. Ten of 14 UK sectors monitored posted output growth, two fewer than in October, while just four saw output growth accelerate month-on-month.  Rising … Read the full press release

Leadership changes at Royal Philips’ Supervisory Board to be voted on at its AGM May 2022

Herna Verhagen and Sanjay Poonen proposed as new members of Philips’ Supervisory Board Paul Stoffels and Marc Harrison proposed for re-appointment as members of the Supervisory Board Neelam Dhawan to retire from the Supervisory Board after third consecutive term (PRESS … Read the full press release

Royal Philips to acquire American developer of minimally-invasive peripheral vascular devices

(PRESS RELEASE) AMSTERDAM, 14-Dec-2021 — /EuropaWire/ — Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, has announced the acquisition of Vesper Medical Inc., a US-based medical technology company that develops minimally-invasive peripheral vascular devices. The acquired … Read the full press release

Fidupar Now Live on Framework’s Core Solution

Leading Luxembourg fund servicing company Fidupar goes live with Framework’s investment and operations platform, further scaling its private asset administration and investor services capability. (PRESS RELEASE) LONDON, 13-Dec-2021 — /EuropaWire/ — Framework, a specialist provider of middle and back-office technology … Read the full press release

Deutsche Post DHL Group with three awards in recognition of its diversity, inclusion and equal opportunity efforts

In November 2021, the company received three important awards in recognition of its Group-wide efforts in this area. Board Member for HR Thomas Ogilvie: “Diverse teams make better decisions, and being an equal opportunity employer is a key that motivates … Read the full press release

Saint-Gobain announces the sale of its Danish glass transformation business Glassolutions to Semcoglas Holding GmbH

(PRESS RELEASE) LA DEFENSE CEDEX, 13-Dec-2021 — /EuropaWire/ — Saint-Gobain (EPA: SGO), a French multinational producer of construction, high-performance, and other materials, has announced the divestment of its glass processing business Glassolutions in Denmark to Semcoglas Holding GmbH, a German … Read the full press release

Airbus delivers the world’s most technologically advanced helicopter, H160, to All Nippon Helicopter

(PRESS RELEASE) KOBE, Japan, 10-Dec-2021 — /EuropaWire/ — Airbus (EPA: AIR), a European multinational aerospace company, has announced the first ever delivery of its next generation twin-engine H160 helicopter to the Japanese operator All Nippon Helicopter (ANH). Having 68 patents, … Read the full press release

Yara, Sumitomo Chemical clean ammonia partnership to help Japan accelerate its green energy transition

(PRESS RELEASE) OSLO, 10-Dec-2021 — /EuropaWire/ — Yara International ASA, a global firm specializing in agricultural products and environmental protection agents and a leading global ammonia player, and Sumitomo Chemical Co. Ltd., one of Japan’s leading chemical companies, have announced … Read the full press release

Vivendi will now own 45.1% of Lagardère following the acquisition of the shares owned by Amber Capital

(PRESS RELEASE) PARIS, 9-Dec-2021 — /EuropaWire/ — Vivendi (EPA: VIV), a French media conglomerate, has announced it will acquire Amber Capital’s stake in Lagardère, an international group with operations in over 40 countries, in the coming days and file a … Read the full press release

Wacker Chemie AG to hold its next year’s Annual Shareholders’ Meeting on May 20, 2022 as a virtual event

(PRESS RELEASE) MUNICH, 9-Dec-2021 — /EuropaWire/ — Wacker Chemie AG (ETR: WCH), a German multinational chemical company, has announced that its next year’s Annual Shareholders’ Meeting will be held on May 20, 2022 as a virtual event in order to … Read the full press release

Neste Corporation CEO Peter Vanacker to step down in June 2022

(PRESS RELEASE) ESPOO, 9-Dec-2021 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced the resignation of its CEO Peter Vanacker in … Read the full press release

Saint-Gobain among the only 200 companies included in the Climate Change A List of CDP

(PRESS RELEASE) LA DEFENSE CEDEX, 8-Dec-2021 — /EuropaWire/ — Saint-Gobain (EPA: SGO), a French multinational producer of construction, high-performance, and other materials, has announced that the company has made this year’s “Climate Change A List” once again. Established by CDP, … Read the full press release

Credit Suisse’s Swiss Office Property Market 2022 study: home working trend is likely to keep impacting the office property market for several more quarters

(PRESS RELEASE) ZÜRICH, 8-Dec-2021 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the publication of its study on the Swiss office property market. The full report made in English and called … Read the full press release

Centrica to reduce further its exposure to carbon intensive oil and gas activity with the divestment of Spirit Energy’s Norwegian oil and gas assets to Sval Energi and Equinor

(PRESS RELEASE) WINDSOR, 8-Dec-2021 — /EuropaWire/ — Centrica (LON: CNA), a British multinational energy services and solutions provider, has announced the proposed sale of Spirit Energy’s Norwegian assets and the run-off strategy for the remaining Spirit Energy business. Disposal of … Read the full press release

Co-op Power tendered 100GWh per annum PPA through Zeigo Platform

Co-op Power tenders aggregated Power Purchase Agreement through Zeigo Platform. The Co-op as the lead buyer, together with two of Co-op Power’s customers, brings the UK’s first ’Co-operative’ PPA onto Zeigo’s digital platform to bid for a joint PPA tender to tackle their Scope 3 … Read the full press release

London Stock Exchange Group plc to enhance its multi-asset class customer offering across the transaction lifecycle with the acquisition of Quantile, leading compression and optimisation services provider

(PRESS RELEASE) LONDON, 6-Dec-2021 — /EuropaWire/ — London Stock Exchange Group plc (LON: LSEG), 300 years old diversified international markets infrastructure business, has announced the acquisition of Quantile Group Limited, a market leading provider of compression and optimisation services to … Read the full press release

Deutsche Telekom: electronic signatures with Adobe Sign now available in the Telekom Cloud Portal

Legally binding signatures Optimized process management Easy integration into existing IT systems (PRESS RELEASE) BONN, 6-Dec-2021 — /EuropaWire/ — Deutsche Telekom (ETR: DTE), one of the world’s leading integrated telecommunications companies and the largest telecommunications provider in Europe by revenue, … Read the full press release

Maya Miranda Ambarsari launches InterconnectDATA information platform for authentic data

Following InterconnectDATA’s platform launch, companies, investors, startups & professionals now have a go-to platform for new business information. (PRESS RELEASE) BANDUNG, Indonesia, 5-Dec-2021 — /EuropaWire/ — PT. Teknologi Cakra Internasional has taken its commitment to authentic data to the next … Read the full press release

Swissport expands its network across Latin America

(PRESS RELEASE) ZÜRICH, 1-Dec-2021 — /EuropaWire/ — Swissport, a Swiss aviation services company offering airport ground and cargo handling services, has announced that it will add six additional airports in Chile to its global network. The expansion of the network … Read the full press release

Mika Wiljanen will be the new CEO of Nordic energy company Gasum

(PRESS RELEASE) ESPOO, 1-Dec-2021 — /EuropaWire/ — Gasum, a Finnish government-owned energy company, has announced the appointment of Mika Wiljanen as its new CEO in effect from March 1, 2022. Mika Wiljanen has served as CEO of St1 Oy since … Read the full press release