Category Archives: Management

Management Press Releases & News distributed via EuropaWire

Metso Partners with Hindalco to Supply Advanced Refinery Equipment for New Precious Metals Facility in India

(IN BRIEF) Metso has received an order from Hindalco Industries, part of the Aditya Birla Group, to provide engineering services and key equipment for a new precious metals refinery in Gujarat, India. This state-of-the-art facility, set to be commissioned within … Read the full press release

Saab Secures GBP 20 Million Amendment to Enhance British Army Training in Oman

(IN BRIEF) Saab has signed a GBP 20 million amendment to its existing training contract with the UK Ministry of Defence, enhancing support for British Army training in Oman. The deal, which includes deliveries through 2024 and 2025, provides advanced … Read the full press release

Continental’s SportContact 7 Tires Power the New 1,000 HP BRABUS ROCKET GTS Supercar

(IN BRIEF) Continental has partnered with BRABUS to exclusively supply its high-performance SportContact 7 tires for the new BRABUS ROCKET GTS supercar. This collaboration extends a 25-year relationship between the two companies, focusing on optimizing performance and safety for high-powered … Read the full press release

Eviden Leads European Initiative to Enhance Cybersecurity with CYDERCO Project

(IN BRIEF) Eviden, part of the Atos Group, is leading the CYDERCO project, a three-year European initiative co-funded by the European Commission to enhance the capabilities of Security Operations Centers (SOCs) across the EU. The project, coordinated by Eviden in … Read the full press release

Vantage Drilling Debuts on Euronext Growth Oslo with NOK 3.8 Billion Market Capitalization

(IN BRIEF) Vantage Drilling, an offshore drilling contractor, has listed on Euronext Growth Oslo, achieving a market capitalization of NOK 3.8 billion with an initial share price of NOK 287. This marks the ninth listing on Oslo’s market this year … Read the full press release

Kapsch TrafficCom Secures 10-Year Extension to Enhance Riverside County Toll Services Through 2041

(IN BRIEF) Kapsch TrafficCom has secured a 10-year extension to its partnership with the Riverside County Transportation Commission (RCTC), continuing to provide advanced tolling services and traffic management through 2041. The extension builds on seven years of successful operations, managing … Read the full press release

Sainsbury’s and Comic Relief Team Up to Provide Over 5 Million Meals to Families in Need This Winter

(IN BRIEF) Sainsbury’s has partnered with Comic Relief to provide over five million meals to families facing food poverty this winter. Throughout December, proceeds from the sale of Sainsbury’s and Free From mince pies will be donated to Comic Relief, … Read the full press release

Daimler Truck and Volvo Group Partner in Joint Venture to Lead Digital Transformation of Commercial Vehicles

(IN BRIEF) Daimler Truck and Volvo Group have signed a binding agreement to create a 50/50 joint venture focused on developing a software-defined vehicle platform for heavy-duty vehicles. This new company, based in Gothenburg, Sweden, aims to set a new … Read the full press release

Adyen and BCG Report Highlights $185 Billion Growth Potential for SaaS Platforms in Embedded Finance

(IN BRIEF) A joint report from Adyen and Boston Consulting Group (BCG) reveals a $185 billion market opportunity for Software-as-a-Service (SaaS) platforms through embedded finance, showing a 25% increase since 2022. Driven by favorable interest rates and increased demand from … Read the full press release

JOST Joins Forces with AeroAlliance to Drive Innovation in Trailer Aerodynamics

(IN BRIEF) JOST, a global leader in safety systems for commercial vehicles, joined the AeroAlliance platform in September 2024. This partnership aims to promote innovative aerodynamic solutions for trailers, targeting reduced energy consumption and improved fleet efficiency. Aligned with the … Read the full press release

Fielmann Group Earns C+ Prime ESG Status, Strengthening Its Appeal to Sustainable Investors in Healthcare Sector

(IN BRIEF) The Fielmann Group has been awarded a C+ Prime Status ESG rating in the Healthcare category by ISS ESG, a major firm in sustainable investment assessments. This marks the first time the global eyewear and eyecare provider has … Read the full press release

Digi Communications N.V. announces that the Company’s Portuguese subsidiary finalised the transaction with LORCA JVCO Limited

(IN BRIEF) Digi Communications N.V. announced that its Portuguese subsidiary, DIGI Portugal LDA., has completed the acquisition of 100% of shares in Cabonitel S.A. from LORCA JVCO Limited. This finalization follows the Portuguese Competition Authority’s clearance granted the previous day, … Read the full press release

bp Completes Full Acquisition of Lightsource bp to Boost Onshore Renewable Energy Portfolio

(IN BRIEF) bp has completed its acquisition of the remaining 50.03% interest in Lightsource bp, enhancing its position in the onshore renewable energy sector. This acquisition brings bp full control over Lightsource bp’s 62 GW solar and battery storage development … Read the full press release

Evonik Marks 50 Years of Methionine Production in Antwerp, Calls for Stronger Support for European Industry

(IN BRIEF) Evonik recently celebrated 50 years of methionine production at its Antwerp site, a crucial location in its global production of MetAMINO® for animal feed. The anniversary highlighted Antwerp’s role in Evonik’s international network and emphasized the company’s call … Read the full press release

Rheinmetall Delivers 20 Additional Marder Infantry Fighting Vehicles to Ukraine to Strengthen Defense Efforts

(IN BRIEF) Rheinmetall has delivered 20 more Marder 1A3 Infantry Fighting Vehicles (IFVs) to Ukraine, funded by the German government, as part of ongoing support against Russian aggression. This brings Rheinmetall’s total IFV and tank deliveries to Ukraine to around … Read the full press release

Garanti BBVA Kripto Strengthens Security and Growth with Ripple and IBM Partnerships in Response to Rising Digital Asset Demand

(IN BRIEF) Garanti BBVA Kripto has partnered with Ripple and IBM to advance its digital asset platform, enhancing security and performance for its users. Through these collaborations, Garanti BBVA Kripto aims to strengthen its infrastructure to meet rising demand for … Read the full press release

Deka Immobilien Completes Sale of Portuguese Shopping Centre to Fundo Iberia Shoppings Fund

(IN BRIEF) Deka Immobilien has sold a shopping centre in Torres Novas, Portugal, from one of its institutional real estate funds to the Fundo Iberia Shoppings fund, recently launched by Brazilian bank BTG Pactual and Renato Rique of Allos S/A. … Read the full press release

Finnvera’s Financial Support Helps Propel Sibanye-Stillwater’s Keliber Lithium Project to Lead Europe’s Battery Supply Chain

(IN BRIEF) Finland’s battery sector is surging as green initiatives and the electrification of transport accelerate the demand for lithium and battery chemicals. Sibanye-Stillwater’s Keliber project, located in Central Ostrobothnia, Finland, seeks to become Europe’s first fully integrated producer of … Read the full press release

Borealis and Partners Showcase Sustainable Plastics Solutions at FAKUMA 2024 for Packaging and Healthcare

(IN BRIEF) At FAKUMA 2024, Borealis and key partners showcased advanced plastics processing solutions, focusing on sustainable materials for packaging and healthcare. Highlighting collaborations with companies like BMB, Engel, and ARBURG, Borealis demonstrated various applications using recycled and renewable feedstocks, … Read the full press release

Thales and Max Planck Institute Set Fusion Milestone with Record-Breaking Gyrotron Power Output

(IN BRIEF) Thales and the Max Planck Institute for Plasma Physics have achieved a new milestone in nuclear fusion by setting a world record with Thales’s TH1507U gyrotron, which generated 1.3 megawatts of radiofrequency for 360 seconds. Developed for the … Read the full press release