Category Archives: Business

Business Press Releases & News distributed via EuropaWire

New Study Reveals Iceberg-Driven Climate Crisis that May Have Triggered the Fall of Rome

(IN BRIEF) A team of scientists from the University of Southampton, in partnership with researchers from Queen’s University in Canada and the Chinese Academy of Sciences in Beijing, has discovered new evidence detailing the intensity of a 6th century climate … Read the full press release

gAIn Initiative Paves the Way for Europe’s Next-Gen, Energy-Smart AI Ecosystem

(IN BRIEF) The gAIn project unites researchers from LMU Munich, TUM, and TUD Dresden University of Technology to confront the current challenges in artificial intelligence, particularly its high energy consumption, susceptibility to errors, and compliance issues with regulatory frameworks. With … Read the full press release

LEGO Group Strengthens Global Supply Network with Strategic Expansion and Enhanced Regional Operations

(IN BRIEF) The LEGO Group has structured its supply chain into regional networks, positioning factories and distribution centres across three continents. This system enhances responsiveness to market changes while reducing transportation emissions. Currently, the company operates six factories in Denmark, … Read the full press release

LEGO Group Unveils Eco-Innovative Manufacturing Hub in Vietnam to Empower Community and Enhance Global Play

(IN BRIEF) The LEGO Group officially opened its new LEGO Manufacturing Vietnam facility in Binh Duong province, marking its sixth global site and second plant in Asia. The ceremony, which included notable figures such as Vietnam’s Deputy Prime Minister Mai … Read the full press release

TUM Unveils Hands-On Energy Lab to Ignite Youth Interest in Renewable Technologies

(IN BRIEF) The Technical University of Munich (TUM) has launched an innovative laboratory designed to make renewable energy systems and energy consumption tangible for schoolchildren. In a simulated household setting complete with common appliances such as lamps and washing machines, … Read the full press release

ELKO Group Expands Blackview Distribution to Slovakia, Czech Republic, and Hungary

(IN BRIEF) ELKO Group is expanding its distribution of Blackview rugged devices into Slovakia, the Czech Republic, and Hungary under the WESTech brand. This initiative builds on their established distribution agreements in the Baltics and Slovenia, further enhancing the partnership … Read the full press release

NORDEN Appoints Anne Heidi Jensen as Group COO, Strengthening Executive Leadership

(IN BRIEF) NORDEN has introduced Anne Heidi Jensen as its new Group Chief Operating Officer, effective immediately, expanding its Executive Management team which now includes CEO Jan Rindbo, CFO Martin Badsted, and COO Anne Heidi Jensen. Anne Heidi Jensen, who … Read the full press release

Alstom Revolutionizes High-Speed Rail in Türkiye with First-Ever ROCS Installation

(IN BRIEF) Alstom has secured a pivotal agreement with RESA Yapi Elektromekanik A.S. to supply the Rigid Overhead Catenary System (ROCS) for a segment of Türkiye’s new high-speed railway between Halkali and Kapikule, part of the TEN-T network. This innovative … Read the full press release

KfW IPEX-Bank Delivers EUR 23.9 Billion in New Commitments as It Strengthens Economic Resilience for 2024

(IN BRIEF) In financial year 2024, KfW IPEX-Bank achieved remarkable success, with new commitments reaching EUR 23.9 billion—EUR 22.4 billion from original lending and EUR 1.5 billion for refinancing under CIRR programmes. This strong performance, which built on the record … Read the full press release

Solvay Unveils Innovative Rare Earths Line in France to Empower Europe’s Sustainable Future

(IN BRIEF) Solvay has inaugurated its new rare earths production line at the La Rochelle facility in France, marking the beginning of commercial production for permanent magnets and aligning with Europe’s Critical Raw Materials Act. This strategic move, part of … Read the full press release

AFRY Partners on Sustainability Study for Estonia’s Phosphorite Project to Enhance Economic Independence

(IN BRIEF) AFRY has been commissioned by the Geological Survey of Estonia to carry out a comprehensive Preliminary Economic Assessment and Pre-Feasibility Study for the Estonian Phosphate Ore project located in Toolse, Estonia. Recognizing Estonia’s significant phosphorite deposits, which are … Read the full press release

Skanska Secures Major Contract to Upgrade State Route 78 in California

(IN BRIEF) Skanska has been awarded a USD 102 million contract by Caltrans to upgrade and modernize State Route 78 in San Diego County, California. The project, recorded in the US order bookings for Q1 2025, will involve constructing an … Read the full press release

AstraZeneca Unveils Breakthrough Data on Vaccines and Antibody Therapies for Infections

(IN BRIEF) At ESCMID Global 2025 in Vienna, AstraZeneca will present a comprehensive data package from its Vaccines & Immune Therapies portfolio, featuring 13 abstracts across oral and poster presentations. The Company aims to demonstrate its progress in developing innovative … Read the full press release

Boosting Europe’s Energy Future Through Accelerated Wind Deployment

(IN BRIEF) At its 2025 annual event in Copenhagen, the European wind industry outlined a call to action to help Europe address growing energy security and competitiveness challenges amidst economic uncertainty and evolving energy dynamics. The industry highlighted that wind … Read the full press release

M&S and Partners Spark Nationwide Prostate Cancer Awareness

(IN BRIEF) Marks & Spencer partnered with Sir Chris Hoy and Prostate Cancer UK in a dynamic campaign aimed at increasing prostate cancer awareness and early detection among men. During a 40-day period, the campaign successfully sold over 40,000 packs … Read the full press release

Altor Sells Qmatic: Marking a Strategic Shift from Hardware to SaaS Leadership

(IN BRIEF) Altor Fund II has reached an agreement to divest Qmatic Group AB to Valsoft Corporation Ireland, a company specializing in vertical software solutions from Canada. Altor’s investment in Qmatic began in 2007 with a focus on queue management … Read the full press release

Expanding Horizons: Sika Boosts Construction Chemical Production in Eastern Kazakhstan

(IN BRIEF) Sika has inaugurated its new production plant in Ust-Kamenogorsk, Kazakhstan, featuring advanced production lines for mortar and concrete admixtures and a modern laboratory. This facility, which is the company’s fourth in the country, is strategically situated in a … Read the full press release

BBVA Boosts 2024 Shareholder Returns with Record Dividend and €993 Million Buyback

(IN BRIEF) BBVA is set to enhance its 2024 shareholder returns by paying a supplementary dividend of €0.41 per share on April 10, which, together with the €0.29 interim dividend from October, brings the total dividend to €0.70 per share—the … Read the full press release

New Funding Empowers Loughborough Lecturer to Innovate CRISPR Delivery for Dementia Treatment

(IN BRIEF) Dr Amanda Pearce of Loughborough University has received a substantial grant from the Academy of Medical Sciences as part of the Springboard programme, which supports 62 early-career researchers across the UK with awards ranging from £100,000 to £125,000. … Read the full press release

Ensuring Energy Continuity: British Gas Welcomes Former Rebel Energy Clients

(IN BRIEF) British Gas is stepping in to secure the energy supply for Rebel Energy customers after the latter ceased trading. Serving around 84,000 domestic and 6,000 non-domestic customers, Rebel Energy’s clientele will now be covered by Ofgem’s Supplier of … Read the full press release