Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Hydro Unveils R100 Project at Milan Design Week: Revolutionizing Recycled Aluminium with Local, Low-Emission Production

(IN BRIEF) Hydro is showcasing its “R100 Project” at Milan Design Week 2025, where five innovative design objects will be created entirely from post-consumer recycled aluminium sourced within a 100-kilometer radius. This initiative, a natural progression from the 2024 launch … Read the full press release

Swiss Re Appointed as Co-Investment Manager for GAM’s ILS Funds, Enhancing Cat Bond Expertise

(IN BRIEF) Effective 7 May 2025, Swiss Re, through its subsidiary SRILIAC, will co-manage GAM’s insurance-linked security funds, including the GAM Star Cat Bond UCITS Fund. This partnership involves managing approximately USD 3 billion in assets from GAM’s ILS funds … Read the full press release

Continental Dominates Global EV Market: Supplies Original Equipment Tires to 18 of 20 Leading Manufacturers

(IN BRIEF) Continental has established its dominance in the electric vehicle market by supplying original equipment tires to 18 of the world’s 20 highest-volume fully electric vehicle manufacturers in 2024. With nine of the top 10 EV manufacturers in each … Read the full press release

GKN Aerospace Signs Three-Year Deal with Boeing to Boost C-17 Fan Blade Repairs from New San Diego Facility

(IN BRIEF) GKN Aerospace has secured a three-year contract with Boeing to deliver fan blade repair services for the C-17 Globemaster engines (PW F117-100 / PW2000 dual-use). Leveraging more than 15 years of repair expertise, the company will operate from … Read the full press release

Rheinmetall Acquires Hagedorn-NC to Bolster Propellant Production and Secure Supply Chain

(IN BRIEF) Rheinmetall AG is acquiring Hagedorn-NC GmbH to close a strategic supply chain gap in propellant production. With over 100 years of experience in producing industrial nitrocellulose for civilian applications, Hagedorn-NC will see portions of its production repurposed for … Read the full press release

Alfa Laval Launches TS25: A High-Performance Semi-Welded Heat Exchanger for the Evolving Energy Landscape

(IN BRIEF) Alfa Laval has unveiled the TS25, a new addition to its semi-welded plate heat exchanger family, designed to address the growing need for efficient, scalable solutions in the evolving energy sector. Ideal for applications with limited pressure drop, … Read the full press release

DNV Expands Irish Operations, Integrates Enviroguide, and Plans 200 New Jobs to Boost Sustainability and Energy Transition

(IN BRIEF) DNV has expanded its operations in Ireland by fully integrating Dublin-based Enviroguide Consulting and planning to recruit 200 new employees over the next two years. This expansion strengthens DNV’s commitment to supporting Ireland’s sustainability and energy transition goals … Read the full press release

Dr Rosie Walker of University of Exeter Honored with £125K Award to Advance Dementia Research

(IN BRIEF) Dr Rosie Walker from the University of Exeter’s Psychology department has been honored as an emerging scientific leader under the Academy of Medical Sciences’ largest funding round for early-career researchers, part of a £7.6 million initiative tackling major … Read the full press release

Royal Mail and Sainsbury’s Team Up to Expand Smart Parcel Locker Network Across the UK

(IN BRIEF) Royal Mail and Sainsbury’s have entered a long-term partnership to install smart parcel lockers at Sainsbury’s supermarkets across the UK, marking Sainsbury’s as the first supermarket chain to adopt this service. The initiative, which began with operational lockers … Read the full press release

Symrise Honored with Partner to Win Award for Revolutionizing India’s Mint Supply Chain

(IN BRIEF) Symrise received the renowned “Partner to Win Award” at Unilever’s 2025 Awards Ceremony in London on April 2, 2025, for its transformative work on India’s mint supply chain. The award highlights the success of the “Bridging the Gap” … Read the full press release

Nordex Validates Enhanced Rotor Blade Performance and Lightning Protection Through Comprehensive IEC 61400 Testing

(IN BRIEF) Nordex Group has completed an extensive 11-month testing program for a rotor blade of its N175/6.X wind turbine model. The tests, conducted at the Fraunhofer Institute for Wind Energy Systems IWES, involved static load and fatigue tests that … Read the full press release

DEUTZ Drives Sustainable Construction with Innovative Engine Ecosystem at bauma 2025

(IN BRIEF) At bauma 2025, DEUTZ is making a strong comeback by exhibiting its broad product ecosystem and system solutions that cater to the construction sector’s need for climate-friendly and sustainable power solutions. The company’s display includes engines powered by … Read the full press release

Scania and Cometto Launch Electrified Power Solutions for Sustainable Heavy-Duty Operations at Bauma 2025

(IN BRIEF) At Bauma 2025, Scania will introduce an expanded portfolio of electrified power solutions for the construction and mining industries, including both all-electric and hybrid options. This new lineup builds on Scania’s renowned fuel-efficient combustion engine range. A highlight … Read the full press release

KfW IPEX-Bank Fuels Go-Ahead Group’s Zero-Emission Transition with GBP 200 Million CAPEX Facility

(IN BRIEF) KfW IPEX-Bank has secured a GBP 200 million CAPEX facility for the Go-Ahead Group, reinforcing its growth and commitment to sustainable transport. The new facility, arranged as a follow-up to an existing 2023 financing, is supported by six … Read the full press release

Enhancing Critical Care: KfW-Funded Upgrades Boost Intensive Care Capacity at Black Lion Hospital

(IN BRIEF) Amid the severe challenges posed by Ethiopia’s ongoing civil conflict and an under-resourced healthcare system, The Black Lion Hospital in Addis Ababa is bolstering its intensive care services with significant new investments. The hospital, which serves as a … Read the full press release

Bosch Unveils Next-Generation Powertrain Innovations to Cut CO₂ in Construction Machinery

(IN BRIEF) At bauma 2025, Bosch will showcase its latest powertrain solutions designed to reduce CO₂ emissions from construction machinery. The company is focusing on three main strategies: the use of renewable synthetic fuels such as HVO100, the development of … Read the full press release

€2 Billion Investment Revolutionizes DHL’s Global Healthcare Logistics Network

(IN BRIEF) DHL Group has announced a €2 billion strategic investment over the next five years to enhance its logistics operations in the life sciences and healthcare sectors, aligning with its “Strategy 2030”. The investment is aimed at supporting healthcare … Read the full press release

ArcelorMittal Unveils New Share Buyback Program Tied to Free Cash Flow Performance

(IN BRIEF) ArcelorMittal has launched a new share buyback program following the successful completion of an earlier 85 million share buyback. The new program, set to continue through May 2030, involves purchasing shares in multiple tranches, with the initial tranche … Read the full press release

Revolutionary 5G Network Slicing Solution Transforms Water Utility Automation in Germany

(IN BRIEF) Siemens and O₂ Telefónica Germany have partnered to launch a groundbreaking connectivity solution based on 5G network slicing, specifically designed for automation applications in the water industry. The solution, named “5G Slice for the Water Industry,” addresses the … Read the full press release

Global LHC Collaborations Garner Prestigious Physics Award, Empowering Future Scientific Pioneers

(IN BRIEF) The ALICE, ATLAS, CMS, and LHCb collaborations at CERN’s Large Hadron Collider were awarded the Breakthrough Prize in Fundamental Physics during a Los Angeles ceremony on April 5. This prize acknowledges the collective research efforts of thousands of … Read the full press release