Category Archives: Management

Management Press Releases & News distributed via EuropaWire

Valio Eila® Powder Solutions Redefine Soft Ice Mixes with Innovation and Premium Quality

(IN BRIEF) Valio’s Eila® powder solutions offer a premium, lactose-free base for soft ice mix manufacturers, combining advanced dairy science with production efficiency. Designed to enhance taste, texture, and sustainability, the powders come in two options: Eila® Pro, for balanced … Read the full press release

EIB approves €1 billion loan for Rebuilding Ischia’s Public and Private Infrastructure 1

(IN BRIEF) The European Investment Bank (EIB) has signed the first €150 million tranche of a €1 billion financing package to support the reconstruction of Ischia, which was heavily impacted by a 2017 earthquake and 2022 landslide. The funding will … Read the full press release

European Project TIMBERHAUS Aims to Revolutionize Timber Construction for a Greener Future

(IN BRIEF) The TIMBERHAUS project, a European research initiative launched in Copenhagen, aims to promote sustainable timber construction to reduce the carbon footprint of the building industry. Co-funded by the EU and Switzerland’s SERI, the four-year project involves 19 partners … Read the full press release

NRO Evaluation Highlights Success and Future Opportunities in Advancing Educational Research

(IN BRIEF) The Netherlands Initiative for Education Research (NRO) has been praised for its effective and transparent operations between 2019 and 2023 in an independent evaluation by Dialogic. The report commends NRO’s role in advancing education quality through research programming, … Read the full press release

NWO Supports Nature-Based Solutions with €3.4 Million for Biodiversity and Well-Being Research

(IN BRIEF) The Dutch Research Council (NWO) has allocated €3.4 million to ten projects under the BiodivNBS programme to advance Nature-Based Solutions (NbS) addressing biodiversity loss, human well-being, and societal transformation. These projects are part of the larger Biodiversa+ programme, … Read the full press release

Continental Introduces ATE SecuBrake: A Sustainable, Hazard-Free DOT 4 Brake Fluid

(IN BRIEF) Continental has introduced ATE SecuBrake, the first sustainably produced DOT 4 brake fluid free from hazardous materials requiring special labelling. Part of the ATE New Original line, it is designed for advanced braking systems, including those in electric … Read the full press release

Liverpool City Region Launches Health Tech Business Incubation Centre to Boost Innovation and Growth

(IN BRIEF) The Liverpool City Region Combined Authority has launched the Health Tech Business Incubation Centre (Health BIC) at STFC Daresbury Laboratory, backed by £1.8 million from the Life Sciences Innovation Zone Programme. Designed to support health and life sciences … Read the full press release

Vodafone Business IoT and Controlant Revolutionize Pharmaceutical Supply Chain with Real-Time Monitoring

(IN BRIEF) Vodafone Business IoT and Controlant are transforming the pharmaceutical supply chain by providing real-time monitoring for temperature-sensitive medicines. Controlant’s Saga devices, equipped with Vodafone IoT SIMs, ensure reliable global connectivity, reducing waste and carbon emissions. This solution has … Read the full press release

Experian Warns of Rising Identity Fraud Risks During Christmas Season

(IN BRIEF) Experian is warning consumers and businesses to protect personal information during the Christmas season, as identity fraud spikes amid increased spending. New data shows fraud rates in the last quarter of the year have risen by 21% over … Read the full press release

ADNOC’s West Aquifer CO2 Storage Site Certified by DNV, Advancing Middle East Carbon Capture Goals

(IN BRIEF) ADNOC’s West Aquifer CO2 storage site in the UAE has received feasibility certification from DNV, marking a significant milestone in the Middle East’s carbon capture and storage (CCS) efforts. This certification validates the site’s potential for long-term CO2 … Read the full press release

Anglo American Sells Steelmaking Coal Business for Up to $4.9 Billion

(IN BRIEF) Anglo American has agreed to sell its steelmaking coal portfolio, including its Australian mines, to Peabody Energy for up to $3.775 billion, with total proceeds from this and a prior Jellinbah sale expected to reach $4.9 billion. The … Read the full press release

DB Schenker Advances Logistics Automation with Remote-Controlled Forklifts

(IN BRIEF) DB Schenker has implemented remote-controlled forklifts at its Kassel, Germany, logistics site, allowing drivers to operate multiple vehicles remotely using enabl Technologies’ platform. This innovation addresses staff shortages, boosts efficiency, and supports automation. After nine months of successful … Read the full press release

Bechtle AG to Streamline Executive Board Responsibilities for Unified Sales Strategy Across Europe

(IN BRIEF) Bechtle AG will reorganize its Executive Board from 1 January 2025, consolidating all sales channels within individual country markets to strengthen its multi-channel approach and international presence. COO Michael Guschlbauer will oversee operations in Germany, Austria, and specialist … Read the full press release

Global Development Banks Unite to Tackle Gender-Based Violence and Empower Women Worldwide

(IN BRIEF) On the International Day for the Elimination of Violence Against Women, ten major development banks, including the World Bank Group and the European Investment Bank, issued a joint statement reaffirming their commitment to combat gender-based violence (GBV). They … Read the full press release

EIB and EIF Collaborate with Inbank and European Commission’s InvestEU to Support Green Transition in Poland

(IN BRIEF) The European Investment Bank Group (EIBG), in collaboration with Inbank and the European Commission’s InvestEU, has launched its first fully green synthetic securitization in Poland. The agreement enables Inbank to provide PLN 701 million (over €160 million) in … Read the full press release

Encavis Completes Key Milestone as Voluntary Public Takeover Offer by KKR-Led Consortium Gains Full Regulatory Approval

(IN BRIEF) Encavis AG has successfully fulfilled all conditions for its voluntary public takeover by Elbe BidCo AG, a KKR-led consortium, which now holds 87.73% of Encavis shares after acquiring 87.41% at EUR 17.50 per share. The partnership, formalized through … Read the full press release

TotalEnergies Partners with Air Liquide to Advance Renewable Hydrogen Production in France

(IN BRIEF) TotalEnergies has partnered with Air Liquide to produce renewable hydrogen at the La Mède biorefinery in southeast France, aiming to reduce its CO2 emissions by 130,000 tons annually. The €150 million project will recycle byproducts to produce 25,000 … Read the full press release

Equinor Confirms Dividend Payments for Q2 2024

(IN BRIEF) Equinor ASA announced a total cash dividend of USD 0.70 per share for Q2 2024, comprising an ordinary and an extraordinary dividend of USD 0.35 each. Based on the average USD to NOK exchange rate of 11.0741, the … Read the full press release

Aviva Secures £1.7 Billion Pensioner Buy-In for National Grid Electricity Group

(IN BRIEF) Aviva has completed a £1.7 billion pensioner buy-in with the National Grid Electricity Group, part of the Electricity Supply Pension Scheme, ensuring benefits for 5,800 pensioner members. Finalized in October 2024, the transaction included transitioning an existing longevity … Read the full press release

EBRD Supports Romanian Car Leasing Firm Autonom with €9 Million Sustainability-Linked Bond Investment

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental firm. This marks a continuation of Autonom’s sustainability efforts, following its … Read the full press release

Mercedes-Benz Vans and E.ON Partner to Revolutionize EV Charging Infrastructure in CEE

(IN BRIEF) Mercedes-Benz Vans Central and Eastern Europe (CEE) has partnered with E.ON to launch a comprehensive B2B Charging Infrastructure initiative across Romania, Czech Republic, Slovakia, and Hungary. The collaboration aims to support businesses transitioning to electric mobility by providing … Read the full press release

Santander’s Getnet Welcomes Juan Franco as New Global CEO to Drive Growth and Innovation

(IN BRIEF) Getnet, a leading merchant payments provider under Santander’s PagoNxt, has named Juan Franco as its new global CEO, succeeding Kush Saxena, who will transition to an advisory role on Getnet’s board. Franco, formerly Senior Vice President at Nuvei … Read the full press release

Normandy’s BIOSYNERGY Plant Revolutionizes Waste-to-Energy with Sustainable Innovation

(IN BRIEF) The BIOSYNERGY plant, a cutting-edge facility for generating renewable energy from biomass and solid recovered fuel (SRF), has been inaugurated in the Le Havre region of Normandy, France. Spearheaded by SUEZ and Vauban Infrastructure Partners, alongside regional and … Read the full press release

EIB Group Opens New Office in Cyprus, Strengthening Partnership for Sustainable Growth

(IN BRIEF) The European Investment Bank (EIB) Group has opened a new office in Nicosia, Cyprus, signaling its strengthened commitment to supporting the country’s sustainable development goals. During the inauguration, EIB President Nadia Calviño and Cypriot leaders discussed investment priorities, … Read the full press release

Vodafone’s Safer Transport Platform Successfully Tested on Berlin Roads, Advancing Road Safety Innovations

(IN BRIEF) Vodafone’s Safer Transport for Europe Platform (STEP) underwent successful public road tests in Berlin, demonstrating its ability to enhance road safety by connecting road users, transport authorities, and infrastructure. Compatible with third-party apps and in-vehicle systems, STEP was … Read the full press release

Stagecoach Achieves Gold Award for Outstanding Support to Armed Forces Community

(IN BRIEF) Stagecoach, the UK’s largest bus and coach operator, has earned the prestigious Gold Award from the Armed Forces Covenant under the Defence Employer Recognition Scheme. This achievement highlights the company’s ongoing support for the armed forces community, including … Read the full press release

University of Liverpool Secures Major Funding for Groundbreaking Live Music Mapping Project

(IN BRIEF) The University of Liverpool has secured a £299,996 AHRC Catalyst grant for the Live Music Mapping Project 2.0, a groundbreaking initiative to revolutionize live music data collection and analysis using machine learning. Launching in January 2025, the two-year … Read the full press release

University of Liverpool Showcases AI Excellence at Inaugural Liverpool City Region International AI Summit

(IN BRIEF) The University of Liverpool played a leading role in the inaugural Liverpool City Region International AI Summit, showcasing its AI expertise and fostering innovation and partnerships. The University, LCRCA, and STFC signed a Memorandum of Understanding to advance … Read the full press release

EBRD and ProCredit Bank Kosovo Join Forces to Advance Green Investments and SME Growth

(IN BRIEF) The EBRD is providing €13 million to ProCredit Bank Kosovo through two initiatives: €8 million under the SME Reboot Programme to help small and medium-sized enterprises (SMEs) invest in green technologies and €5 million through the Green Economy … Read the full press release

EBRD and Partners Commit €103 Million to Major Solar Project in Bulgaria

(IN BRIEF) The EBRD, in partnership with Raiffeisen Bank International, is providing €103 million to fund a 237 MWp solar photovoltaic plant in southeastern Bulgaria, developed by Tenevo Solar Technologies. The project will generate over 300 GWh of electricity annually, … Read the full press release

EBRD and EU Partner with Raiffeisen Bank Kosovo to Boost Green Investments for MSMEs

(IN BRIEF) The EBRD, in partnership with the EU and Raiffeisen Bank Kosovo (RBKO), has launched a €5 million SME Go Green programme to support sustainable investments by micro, small, and medium-sized enterprises (MSMEs) in Kosovo. The initiative focuses on … Read the full press release

Bentley Motors Expands European Presence with Bentley Tbilisi in Georgia

(IN BRIEF) Bentley Motors is expanding into Georgia with the launch of Bentley Tbilisi, operated by Tegeta, its exclusive local retailer. The new facilities, including a 330-square-meter showroom and 730-square-meter workshop, are located on Aghmashenebeli Alley in Tbilisi and are … Read the full press release

Societe Generale Advances Sustainable Finance Goals with €500 Billion Commitment by 2030

(IN BRIEF) Societe Generale has set a new €500 billion sustainable finance target for 2024-2030, focusing 80% on environmental initiatives like renewable energy and 20% on social projects. Having achieved its earlier €300 billion target ahead of schedule, the bank … Read the full press release

ANDRITZ Perfojet Marks 40 Years of Innovation in Nonwoven Technology

(IN BRIEF) ANDRITZ Perfojet celebrates its 40th anniversary as a leader in nonwoven technology, known for its groundbreaking Jetlace™ hydroentanglement systems that bond fibers without binders. With over 300 systems installed globally, the company has revolutionized the production of nonwovens … Read the full press release

Saxo Partners with novobanco to Enhance Digital Investment Opportunities in Portugal

(IN BRIEF) Saxo has partnered with novobanco to offer Portuguese investors access to its advanced digital trading platform, enhancing the investment experience with a broad range of tools and opportunities. This collaboration aligns with the growing demand in Portugal for … Read the full press release

Twente Secures €20.5 Million for Microchip Talent Development as Part of National Plan

(IN BRIEF) The Dutch government has allocated €20.5 million to Twente’s Project Beethoven for 2025-2026 as part of the National Microchip Talent Reinforcement Plan, aiming to increase the number of technical graduates and support the growing microchip sector. Twente’s educational … Read the full press release

TUM Partner School Realschule Trostberg Honored with MINT21 Digital Award for Advancing Girls in STEM

(IN BRIEF) TUM’s partner school, Realschule Trostberg, has received the MINT21 Digital Award for its innovative integration of STEM education and digital learning. Through TUM’s “TUM Entdeckerinnen” program, the school engaged 60 girls in hands-on STEM projects like programming apps … Read the full press release

SKF Secures €430 Million EIB Loan to Advance Green Technologies in Bearings and Seals

(IN BRIEF) SKF has secured a €430 million loan from the European Investment Bank (EIB) to advance research, development, and innovation in bearings, seals, and lubrication systems across six European countries. The funding supports green technologies in sectors like renewable … Read the full press release

Ahlstrom Achieves Top One Percent Ranking with EcoVadis Platinum Sustainability Medal

(IN BRIEF) Ahlstrom has earned the EcoVadis Platinum Medal, placing it in the top 1% of companies assessed for sustainability over the past year. The recognition reflects Ahlstrom’s strong performance in four key areas: Environment, Labour and Human Rights, Ethics, … Read the full press release

Enea Secures $4.2 Million Support Contract with North American Tier 1 Network Operator for 4G and 5G Networks

(IN BRIEF) Enea has signed a three-year, $4.2 million support and maintenance contract with a Tier 1 North American network operator for its Stratum Network Data Layer project, covering 4G and 5G networks from 2025 to 2027. The deal, which … Read the full press release