Category Archives: Management

Management Press Releases & News distributed via EuropaWire

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

AF Gruppen to Overhaul Oslo Office Spaces in NOK 360 Million Collaboration with Linstow

(IN BRIEF) AF Gruppen has partnered with Linstow on a NOK 360 million project to rehabilitate and expand office spaces at Tollbugata 32 and Akersgata 13-15 in Oslo. The project will merge and renovate the properties, adding a courtyard extension … Read the full press release

Merck and NTU Singapore Collaborate to Pioneer Digital Trust Technologies in Asia Pacific

(IN BRIEF) Merck has partnered with NTU Singapore’s Digital Trust Centre (DTC) to advance digital trust technologies in industries requiring high security and compliance. The collaboration will deploy Merck’s digital-physical trust platform in Singapore, the first of its kind in … Read the full press release

Viking Line Joins Gasum’s FuelEU Maritime Pool to Boost Bio-LNG Adoption and Cut Emissions

(IN BRIEF) Gasum has partnered with Finnish shipping company Viking Line to include its LNG-powered vessels in the FuelEU Maritime pooling service, enabling compliance with EU carbon reduction targets. Viking Line will contribute over-compliance by operating its daily routes with … Read the full press release

Landis+Gyr Appoints Peter Mainz as New CEO to Drive Strategic Leadership

(IN BRIEF) Landis+Gyr Group AG has appointed Peter Mainz as its new CEO, effective immediately, succeeding Werner Lieberherr, who will retire in 2025. Mainz, a member of Landis+Gyr’s Board since 2018 and former CEO of U.S. smart metering leader Sensus, … Read the full press release

RWE Partners with HPE to Leverage Private Cloud AI for Optimizing Renewable Energy Management

(IN BRIEF) Hewlett Packard Enterprise (HPE) is partnering with renewable energy leader RWE to implement HPE Private Cloud AI, enhancing weather modeling, improving forecast accuracy, and optimizing energy resource management. This scalable AI-driven platform, part of the NVIDIA AI Computing … Read the full press release

Lagardère Publishing Expands U.S. Reach with Hachette Book Group’s Acquisition of Sterling Publishing

(IN BRIEF) Lagardère Publishing’s U.S. division, Hachette Book Group (HBG), has acquired Sterling Publishing from Barnes & Noble, expanding its portfolio with over 13,000 titles and notable imprints like Union Square & Co., Puzzlewright Press, and Union Square Kids. The … Read the full press release

Amey and IEMA Collaborate to Train Senior Leaders in Sustainability Leadership

(IN BRIEF) Amey, in collaboration with IEMA, has trained over 180 senior leaders in its Rail and Highways divisions through the “Leading with Environmental Sustainability” course. The program equips participants with the knowledge and skills needed to champion sustainability, supporting … Read the full press release

Nemetschek Group Invests in Document Crunch to Advance AI-Driven Compliance and Risk Management for Construction

(IN BRIEF) The Nemetschek Group has invested in Document Crunch, a technology company specializing in AI-driven document compliance and risk management for the construction industry, as part of a Series B funding round. The investment will help Document Crunch scale … Read the full press release

VNG Subsidiary BALANCE Expands Biogas Operations with Grasleben Plant Acquisition

(IN BRIEF) BALANCE Erneuerbare Energien GmbH, a subsidiary of VNG AG, has acquired a biogas plant in Grasleben, Lower Saxony, expanding its portfolio to 42 plants with a total thermal output of 192 MWFTC, enough to supply renewable energy to … Read the full press release

Infineon Adds FreeRTOS Support for AURIX™ TC3x Microcontrollers, Streamlining Development for Automotive and Industrial Applications

(IN BRIEF) Infineon Technologies has added FreeRTOS support for its AURIX™ TC3x microcontrollers (MCUs), enabling developers to build applications more efficiently for automotive and industrial markets. FreeRTOS, an open-source Real-Time Operating System supported by AWS, simplifies hardware complexities and ensures … Read the full press release

EIF Backs Move Energy’s €150 Million Fund to Drive Decarbonization Across Key Sectors in Europe

(IN BRIEF) The European Investment Fund (EIF) has committed €35 million to Move Energy’s venture capital “Fund I,” which supports early-stage European ventures focused on decarbonizing power, transport, and buildings—sectors responsible for 55% of global CO₂ emissions. Backed by the … Read the full press release

NEXT Partners with Zalando’s ZEOS to Streamline Online Fulfilment Across Europe

(IN BRIEF) British fashion retailer NEXT has partnered with ZEOS, Zalando’s B2B unit, to manage its direct-to-consumer online orders across most of continental Europe starting in Q4 2025. This collaboration extends their existing relationship, with ZEOS handling NEXT’s own webshop … Read the full press release

Barry Callebaut Integrates Upcycled Cacaofruit Products into Its Portfolio, Pioneering Sustainable Innovation

(IN BRIEF) Barry Callebaut has integrated upcycled cacaofruit products into its portfolio, advancing its commitment to sustainability, innovation, and unique flavor experiences. Originally developed by start-up Cabosse Naturals in 2019, these ingredients utilize the entire cacaofruit, offering zesty, fruity flavors … Read the full press release

VINCI Highways Gears Up for Winter Operations, Ensuring Safe and Accessible Roads Worldwide

(IN BRIEF) VINCI Highways has launched its winter operations program to ensure safe and accessible roads during challenging weather conditions. With a fleet of snowploughs, salt spreaders, and brine sprayers ready, along with strategic salt reserves, trained teams are on … Read the full press release

Hexagon Strengthens Mining Technology Portfolio with Acquisition of indurad and xtonomy

(IN BRIEF) Hexagon has acquired indurad, a leader in radar and Real-Time Location Systems (RTLS) technologies, along with its subsidiary xtonomy, to advance safety, productivity, and automation in the mining industry. indurad’s radar-based collision avoidance and automation technologies will complement … Read the full press release

EIB Provides €105 Million Loan to Tuusula Municipality for Energy-Efficient School Complexes

(IN BRIEF) The European Investment Bank (EIB) has provided a €105 million loan to the Municipality of Tuusula in Finland to construct energy-efficient school complexes for 3,500 students. The project, spanning three neighborhoods, aims to create modern educational spaces aligned … Read the full press release

EIB Supports €200 Million Loan to Delgaz Grid for Electricity Network Upgrades in Romania

(IN BRIEF) The European Investment Bank (EIB) is lending €200 million to Romanian energy distributor Delgaz Grid to modernize the electricity network in Moldova’s northeastern region. This funding, part of a €630 million investment program, will enhance energy efficiency, support … Read the full press release

EIB Partners with Croatian Cities to Address Affordable Housing Challenges

(IN BRIEF) The European Investment Bank (EIB) is partnering with five Croatian cities—Zagreb, Rijeka, Split, Osijek, and Varaždin—to address rising demand for social and affordable housing. Through an advisory agreement funded by the InvestEU Advisory Hub, the EIB will provide … Read the full press release

Global Development Banks Unite to Strengthen Impact Through G20-Endorsed Roadmap

(IN BRIEF) The leaders of 10 multilateral development banks (MDBs) welcomed the G20’s endorsement of a roadmap aimed at reforming MDBs to address global challenges, support the Sustainable Development Goals, and enhance climate action. Key achievements in 2023 include increasing … Read the full press release

EIB Group President Highlights Strengthened Partnership with Bulgaria to Drive Growth, Jobs, and Green Transition

(IN BRIEF) EIB Group President Nadia Calviño visited Bulgaria to discuss increased financing opportunities aimed at boosting economic growth, job creation, and the country’s green transition. In partnership with Bulgarian Deputy Prime Minister Lyudmila Petkova, the EIB Group plans to … Read the full press release

EIF and Quotanda Collaborate to Unlock €51 Million in Student Financing Across Europe

(IN BRIEF) The European Investment Fund (EIF) and Quotanda have partnered to improve access to student financing in Spain, Portugal, and Germany, mobilizing over €51 million through a €10.2 million capped guarantee backed by the InvestEU Skills and Education Portfolio … Read the full press release

Henkel and Celanese Transform CO2 Emissions into Sustainable Adhesives for Packaging Innovations

(IN BRIEF) Henkel Corporation and Celanese Corporation have partnered to produce adhesives from captured CO2 emissions, advancing sustainability in the packaging and consumer goods sectors. Celanese’s carbon capture and utilization (CCU) technology transforms CO2 into methanol, a key ingredient in … Read the full press release

Kering Becomes First Company to Adopt Science-Based Targets for Land and Freshwater at COP16

(IN BRIEF) At COP16, Kering became the first company globally to adopt science-based targets for land and freshwater, marking a significant step in its commitment to biodiversity. After participating in the Science Based Targets Network’s corporate pilot, Kering set targets … Read the full press release

Fincantieri’s Vard Lands €200 Million Contract for Five Advanced Walk-to-Work Vessels

(IN BRIEF) Fincantieri’s Norwegian subsidiary, Vard, has signed a €200 million contract to design and construct five Walk-to-Work vessels for an international client. The vessels, designed to support offshore oil and gas platforms, will feature hybrid propulsion systems, advanced motion-compensated … Read the full press release

Burberry Unveils New Store in Singapore, Bringing Timeless British Heritage to Orchard Road

(IN BRIEF) Burberry has opened a new store in Singapore at the Wisma Atria shopping mall on Orchard Road, designed to blend British architectural heritage with contemporary style. The store features materials like Portland stone and black cast iron, tying … Read the full press release

Hempel Joins RightShip’s Zero Harm Innovation Partners Program to Drive Sustainable Maritime Practices

(IN BRIEF) Hempel has joined RightShip’s Zero Harm Innovation Partners Program, marking a significant step in promoting sustainable maritime practices. The collaboration focuses on Hempel’s Hempaguard, a silicone hull coating that significantly reduces fuel consumption, CO2 emissions, and in-water environmental … Read the full press release

Hempel Unveils Revolutionary Recharger for Silicone Yacht Coatings at METSTRADE 2024

(IN BRIEF) At METSTRADE 2024, Hempel A/S launched Hempel’s Infinity, the world’s first underwater performance recharger for its silicone yacht coatings. This biocide-free, water-based product extends the life of existing coatings for an extra season, eliminating the need for repainting … Read the full press release

BMT Unveils “The Deep Blue Project” at Offshore Wind Australia Conference 2024

(IN BRIEF) BMT, in collaboration with Ocius, has launched The Deep Blue Project, an initiative revolutionizing autonomous maritime data collection and environmental monitoring. Announced at the Offshore Wind Australia Conference 2024, the project’s first phase involves trials of Ocius’s autonomous … Read the full press release

EY Launches Integrated Global Payroll Solution to Streamline Workforce Management

(IN BRIEF) EY has launched the Integrated Global Payroll Solution, a centralized platform designed to streamline payroll, mobility, and labor law management for organizations with global workforces. The solution addresses growing challenges like increased workforce mobility and hybrid work demands, … Read the full press release

BBVA Proposes Comprehensive Measures to Ensure Financial Inclusion and SME Support Amid Banco Sabadell Merger

(IN BRIEF) BBVA has proposed comprehensive measures to the Spanish competition authority (CNMC) to secure approval for its merger with Banco Sabadell. These commitments include maintaining branch access in underserved areas, ensuring continued SME lending and credit lines for 18 … Read the full press release

Empa’s DroneHub Launches Cutting-Edge Research Platform for Autonomous Flying Robots

(IN BRIEF) Empa, in partnership with Imperial College London, has launched the DroneHub, a cutting-edge research facility for autonomous flying robots designed to address infrastructure maintenance, environmental restoration, and biodiversity monitoring. The hub features specialized spaces for 3D printing repairs, … Read the full press release