Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Alfa Laval awarded a 12.5 million EUR contract to supply marine pumping systems for FPSO vessel in China

(PRESS RELEASE) LUND, 2-Jul-2020 — /EuropaWire/ — The leading heat transfer, centrifugal separation and fluid handling company Alfa Laval wins an order to supply Framo pumping systems to an FPSO (Floating Production, Storage and Offloading) vessel to be built in … Read the full press release

Schroders strengthens its private assets and real estate offerings with the acquisition of majority stake in Pamfleet

(PRESS RELEASE) LONDON, 1-Jul-2020 — /EuropaWire/ — British multinational asset management company, Schroders has reached an agreement to acquire majority stake in a value-add real estate investment manager, Pamfleet. Pamfleet, with offices in Hong Kong, Shanghai and Singapore, currently has … Read the full press release

Intesa Sanpaolo and Nexi strategic agreement received all authorisations from the competent authorities

(PRESS RELEASE) TURIN/ MILAN, 30-Jun-2020 — /EuropaWire/ — Italian banking group Intesa Sanpaolo has announced that its strategic agreement related to payment systems with Nexi, an Italian bank that specialises in payment systems, has just been finalised with all the … Read the full press release

AB Volvo number of votes changed due to Series A to Series B shares conversion

(PRESS RELEASE) GOTHENBURG, 30-Jun-2020 — /EuropaWire/ — Swedish multinational industrial company Volvo Group has announced there is a change in the number of votes in AB Volvo due to the conversion of a total of 1 837 139 Series A … Read the full press release

Digi Communications N.V. announces ANCOM approval for RCS & RDS S.A. to continue to apply a surcharge for certain roaming services provided in the EEA for a renewed maximum period of 12 months

(PRESS RELEASE) BUCHAREST, Romania, 29-Jun-2020 — /EuropaWire/ — We would like to inform the market and our investors that the National Authority for Management and Regulation of Communications in Romania (ANCOM) has authorized RCS & RDS S.A., the Company’s subsidiary … Read the full press release

bp takes next strategic step in its reinvention

bp divests its global petrochemicals business to INEOS for a total consideration of $5 billion (PRESS RELEASE) LONDON, 29-Jun-2020 — /EuropaWire/ — Multinational oil and gas company, bp announces its next strategic step in further strengthening its balance sheet and delivers … Read the full press release

SGS selected to review and verify Belmond’s enhanced cleaning protocols

(PRESS RELEASE) GENEVA, 26-Jun-2020 — /EuropaWire/ — World’s leading inspection, verification, testing and certification company, SGS announces global partnership with leading luxury travel company Belmond. The collaboration will reinforce Belmond’s commitment to safeguard the health and wellbeing of its guests … Read the full press release

The CLH Group announces renewal of its ISO 9001, ISO 14001, ISO 45001 and ISO 27001 certifications

The annual audits posed an additional challenge as they were carried out during the state of emergency and lockdown The adaptation from OSHAS 18001 to the new stricter ISO 45001 standard was also carried out (PRESS RELEASE) MADRID, 25-Jun-2020 — … Read the full press release

Ireland-based PrecisionBiotics Group now part of Novozymes

(PRESS RELEASE) COPENHAGEN, 25-Jun-2020 — /EuropaWire/ — Biotechnology company Novozymes announces its acquisition of PrecisionBiotics Group Limited. The acquisition will advance Novozymes’ activities in the area of biological solutions for human oral and gut health. PrecisionBiotics Group, based in Cork, … Read the full press release

DerbySoft Expands Metasearch Coverage for Hotels Around the World

(PRESS RELEASE) DALLAS, Texas, U.S.A., 24-Jun-2020 — /EuropaWire/ — DerbySoft, the leader in high-performance digital marketing and distribution services for the hotel industry, today announced the launch of DSCP, a new solution for hotels and agencies to reach missing or … Read the full press release

Ericsson to be sole 5G RAN supplier of Croatian communications service provider Hrvatski Telekom until 2024

(PRESS RELEASE) STOCKHOLM, 24-Jun-2020 — /EuropaWire/ — Swedish multinational networking and telecommunications company Ericsson announces that its Croatian associated company Ericsson Nikola Tesla (ZSE: ERNT-R-A) has been selected by Croatian communications service provider Hrvatski Telekom as its sole supplier of … Read the full press release

DHL Express Germany and the Airport Munich GmbH to build a new freight building at Munich Airport

(PRESS RELEASE) BONN/ MUNICH, 23-Jun-2020 — /EuropaWire/ — DHL Express Germany has announced it is investing EUR 70 million to expand its European capacities with a new gateway at Munich International Airport. The logistics company has signed a contract with … Read the full press release

Snam led consortium to acquire 49% of ADNOC Gas Pipeline Assets

ADNOC Gas Pipeline Assets LLC holds the tariff-based rights for the infrastructure (38 pipelines) that connects ADNOC’s upstream activities to Abu Dhabi’s consumption points and the export and interconnection terminals to neighboring Emirates (PRESS RELEASE) ABU DHABI, UAE, 23-Jun-2020 — … Read the full press release

Accenture and Sopra Steria transformation program to modernize Covéa’s finance function across its three brands — MAAF, MMA and GMF

(PRESS RELEASE) PARIS, 22-Jun-2020 — /EuropaWire/ — Multinational professional services company Accenture (NYSE: ACN) and Sopra Steria, European information technology consultancy formed by the merger of Sopra Group SA and Groupe Steria SCA, have announced they signed a four-year joint … Read the full press release

Kuehne+Nagel launches Net Zero Carbon, the Group’s sustainability programme for the next ten years

Sustainability Report 2019: All targets initiated in 2010 reached or exceeded (PRESS RELEASE) SCHINDELLEGI, 22-Jun-2020 — /EuropaWire/ — One of the world’s leading logistics companies Kuehne+Nagel has announced it has published its Sustainability Report 2019. The company sets out its … Read the full press release

BlackRock, Inc. now owns more than 5% in Wärtsilä Corporation

(PRESS RELEASE) HELSINKI, 22-Jun-2020 — /EuropaWire/ — Leading Finnish company Wärtsilä Corporation, active in the marine and energy markets, has announced that it has been notified by BlackRock, Inc., the world’s largest asset manager with $7.4 trillion in assets under … Read the full press release

Covid-19 impact on venture capital market: InnMind VC report 2020

InnMind, #1 platform in Europe for startups & investors, released a report based on the personal interviews with 100+ VC firms and investors from Silicon Valley & Europe regarding the covid-19 impact on the venture capital market and investment sentiments. … Read the full press release

Wärtsilä’s regulatory disclosures will be reported in Finnish and English

(PRESS RELEASE) HELSINKI, 16-Jun-2020 — /EuropaWire/ — Wärtsilä, the leader in smart technologies and complete lifecycle solutions for the marine and energy markets, has announced a change in the company’s reporting languages. From now on the company will only use … Read the full press release

Deutsche Telekom Global Carrier and Orange International Carriers join forces and combine expertise to enhance IPX services

(PRESS RELEASE) PARIS, 15-Jun-2020 — /EuropaWire/ — In today’s fast-paced business environment, organizations understand the need to join forces and take advantage of combined expertise to effectively drive success. This is the reason why Deutsche Telekom Global Carrier and Orange … Read the full press release

SEB, AMF and FAM create Sindre Invest AB to help Swedish companies make it through the economic crisis

(PRESS RELEASE) STOCKHOLM, 12-Jun-2020 — /EuropaWire/ — SEB, AMF and FAM team up to support Swedish companies in need of capital to make it through the corona crisis. The partners invested SEK 3.5bn in a jointly owned company, Sindre Invest … Read the full press release