Category Archives: Management

Management Press Releases & News distributed via EuropaWire

Ericsson and China Mobile Drive Efficiency Gains with 5G Smart Network at Zhangjiagang Port

(IN BRIEF) Ericsson, in partnership with China Mobile and Zhangjiagang Port Group, has successfully deployed a 5G-powered smart network at Zhangjiagang Port, resulting in improved operational efficiency, cost reductions, and energy savings. Since its implementation in August 2022, the 5G … Read the full press release

ZEISS Summit in Berlin Showcases AI and Automation Innovations for the Future of Manufacturing

(IN BRIEF) ZEISS hosted its first-ever “Quality Innovation Summit” in Berlin, bringing together 2,000 industry leaders, experts, and innovators to discuss advancements in metrology, AI, automation, and digitalization. Over three days, participants engaged in panel discussions, explored cutting-edge technologies in … Read the full press release

EIF Unlocks €500 Million to Support Romanian SMEs with Competitive and Sustainable Financing

(IN BRIEF) The European Investment Fund (EIF) has finalized agreements with seven Romanian banks, unlocking an additional €500 million in financing for small and medium-sized enterprises (SMEs) in Romania. The agreements will allow banks to offer SMEs better loan terms, … Read the full press release

EIB to Lead Two Projects in Eurosystem’s Exploration of DLT for Wholesale Financial Settlements

(IN BRIEF) The European Investment Bank (EIB) is actively participating in the Eurosystem’s exploration of distributed ledger technology (DLT) for settling wholesale financial transactions in central bank money. The EIB will be involved in two distinct projects under this initiative, … Read the full press release

Swisscom Unveils blue Binge Package with Netflix and Disney+ and Revamps Streaming Experience on blue TV

(IN BRIEF) Swisscom is launching blue Binge, a new package that combines Netflix and Disney+ subscriptions at a discounted price of CHF 19.90 per month, starting 28 October 2024. The package, which is around 28% cheaper than buying the services … Read the full press release

Wood Strengthens Middle East Presence with New Engineering Hub in Sharjah, UAE

(IN BRIEF) Wood has expanded its presence in the Middle East with the opening of a new office in Sharjah, UAE, its third office in the country. The 18,625 square foot facility will serve as an engineering hub for operations … Read the full press release

Digi Communications N.V. announces that the Portuguese Competition Authority has granted clearance for the share purchase agreement concluded by the Company’s subsidiary in Portugal

(IN BRIEF) Digi Communications N.V. announced that the Portuguese Competition Authority has approved the share purchase agreement between its subsidiary, DIGI Portugal, LDA, and LORCA JVCO Limited. This agreement involves the acquisition of 100% of the shares of Cabonitel, S.A. … Read the full press release

University of Southampton Leads Sea Trials for Wind-Powered Cargo Ship to Cut Global Shipping Emissions by One-Third

(IN BRIEF) Scientists from the University of Southampton have begun sea trials on a wind-powered technology designed to reduce the carbon emissions of large cargo ships by up to a third. The wing-sail, developed by Smart Green Shipping, was retrofitted … Read the full press release

voestalpine Sells Buderus Edelstahl to Mutares in Strategic Shift Toward High-Performance Materials

(IN BRIEF) voestalpine has announced the sale of its German subsidiary, Buderus Edelstahl, to Mutares SE & Co. KGaA, a prominent investment company. The agreement, signed on October 23, 2024, is awaiting regulatory approval and is expected to be finalized … Read the full press release

Helmut List Honored for Lifetime Achievements at EY Entrepreneur of the Year Awards, Celebrated for Driving Innovation in Sustainable Mobility

(IN BRIEF) At the 2024 “EY Entrepreneur of the Year” awards, Professor Helmut List, CEO and Chairman of AVL List, was honored with a special lifetime achievement award. Recognized for his pioneering role in the mobility and technology industries, List … Read the full press release

Siemens Partners with Alliander to Boost Flexible Grid Management and Expand Renewable Energy Distribution in the Netherlands

(IN BRIEF) Siemens has formed a strategic partnership with Dutch network company Alliander to improve flexible grid management and enhance energy distribution in the Netherlands. Using Siemens’ Gridscale X platform, Alliander aims to increase grid utilization by up to 30%, … Read the full press release

Siemens and ServiceNow Team Up to Boost Industrial Security and AI-Driven Automation on the Factory Floor

(IN BRIEF) Siemens and ServiceNow have partnered to enhance shopfloor operations by integrating AI-powered automation and improving industrial cybersecurity. This collaboration, announced at the ServiceNow World Forum in Munich, merges Siemens’ Sinec Security Guard for vulnerability management with ServiceNow’s workflow … Read the full press release

EU Businesses Lead Climate and Digital Investments Despite Economic Challenges, EIB Survey Shows

(IN BRIEF) The European Investment Bank’s (EIB) 2024 Investment Survey reveals that over 60% of EU companies have already invested in climate change mitigation and adaptation, while more than 70% have embraced digital transformation. The survey, covering 12,000 firms across … Read the full press release

Software AG Study Finds Half of Employees Use Shadow AI, Urging Businesses to Strengthen AI Strategies

(IN BRIEF) A new study by Software AG reveals that 50% of employees are using Shadow AI—personal AI tools not provided by their companies—with 46% unwilling to stop using them even if banned. With 75% of knowledge workers already utilizing … Read the full press release

Pilkington Italy Expands Emissions Reduction Efforts with Second GEA DeNOx System at San Salvo Facility

(IN BRIEF) Pilkington Italy has ordered a second DeNOx gas purification system from GEA for its San Salvo glass production facility on the Adriatic coast. This follows the successful installation of the first system in 2020, which significantly reduced nitrogen … Read the full press release

Ingka Centres Launches Livli to Redefine Community-Focused Retail and Leisure Destinations in Europe

(IN BRIEF) Ingka Centres has introduced a new consumer brand, Livli, aimed at transforming European destinations into lively, community-focused meeting places that go beyond traditional shopping. Livli Kungens Kurva in the Stockholm area is the first location to adopt the … Read the full press release

Mercedes-Benz Enhances Safety in Econic Vehicles with Pedestrian Detection and Collision Prevention Systems

(IN BRIEF) Mercedes-Benz has introduced advanced safety features in its Econic waste collection vehicles, including the fourth-generation Active Brake Assist system, which detects pedestrians and automatically initiates partial braking to avoid collisions. Additionally, Sideguard Assist helps drivers navigate urban environments … Read the full press release

Autoservizi Troiani Expands Electric Bus Fleet with 110 Mercedes-Benz eCitaro Buses for Rome

(IN BRIEF) Autoservizi Troiani is expanding its electric bus fleet with the acquisition of 110 all-electric Mercedes-Benz eCitaro buses, to be delivered by mid-2026. This move supports the company’s goal of fully transitioning to electric public transport in the eastern … Read the full press release

University of Exeter Researchers Receive £400,000 Grant to Advance Innovative Type 1 Diabetes Treatments

(IN BRIEF) Researchers at the University of Exeter have been awarded nearly £400,000 from the Type 1 Diabetes Grand Challenge to explore innovative treatments for type 1 diabetes. Led by Dr. Craig Beall and Dr. Tom Piers, the project will … Read the full press release

Lifecare Transitions to Euronext Oslo Børs as It Moves Closer to Market with Innovative Diabetes Technology

(IN BRIEF) Lifecare, a Norwegian medtech company developing implantable sensors for glucose and biomarker monitoring, has transitioned from Euronext Growth Oslo to the main Euronext Oslo Børs market. This marks a significant milestone for the company, with a market capitalization … Read the full press release

DNV and MIRDC Join Forces to Drive Renewable Energy Innovation in Taiwan

(IN BRIEF) DNV and Taiwan’s Metal Industries Research & Development Centre (MIRDC) have signed a three-year Memorandum of Understanding (MoU) to collaborate on advancing renewable energy technologies in Taiwan. The partnership will focus on floating solar and wind technologies, energy … Read the full press release

Statkraft Seeks Permit for 2.1 GW Offshore Wind Farm to Power Stockholm’s Clean Energy Transition

(IN BRIEF) Statkraft has applied for a permit to develop the 2.1 GW Baltic Offshore Delta North wind farm in the Baltic Sea, located 100 kilometers east of Stockholm. This bottom-fixed offshore wind project, designed to generate up to 8 … Read the full press release

Würth Group Successfully Issues EUR 500 Million Bond to Strengthen Financial Liquidity and Strategy

(IN BRIEF) The Würth Group has successfully issued a EUR 500 million bond with a nearly 7-year term and a 3% fixed interest rate. The bond issuance follows a well-received European roadshow, where Würth presented its strategic plans and financial … Read the full press release

EFSA Confirms Safety of Silicon Dioxide in Food, Supporting Evonik’s Silica Products for Sustainable Use

(IN BRIEF) The European Food Safety Authority (EFSA) has confirmed the safety of silicon dioxide (E 551) as a food additive, including its use in infant food, after a recent scientific review. Evonik, a major producer of silica, welcomed this … Read the full press release

SAMS Expands Research Team with New Roles to Tackle Ocean Changes and Climate Impact

(IN BRIEF) The Scottish Association for Marine Science (SAMS) is expanding its research team with five new positions to enhance its understanding of ocean processes, particularly in response to climate change, biodiversity loss, and pollution. The new hires, including principal … Read the full press release

Vattenfall Unveils Tiny House Made from Recycled Wind Turbine at Dutch Design Week

(IN BRIEF) Vattenfall and design studio Superuse have converted the nacelle of a decommissioned wind turbine into a compact, sustainable tiny house, which is being showcased at Dutch Design Week. The project demonstrates innovative reuse of turbine materials, featuring modern … Read the full press release

BBVA Recognized as a Global Leader in AI, Ranking 13th Among Top Banks Worldwide

(IN BRIEF) BBVA has been ranked as the 13th most advanced bank globally in artificial intelligence (AI) by the Evident AI Index, which assesses AI and data integration in the world’s top 50 banks. BBVA ranks first in Spain and … Read the full press release

Garanti BBVA and WWF Türkiye Complete Key Projects for Wildlife Protection and Forest Fire Prevention

(IN BRIEF) Garanti BBVA and WWF Türkiye have successfully completed three new projects as part of their ‘Türkiye’s Life: Fire Management Grant Program,’ launched to mitigate forest fire risks and support wildlife conservation. The projects included efforts to protect caracal … Read the full press release

EIB and Deutsche Leasing Partner to Boost Green Transformation of Small Businesses with €200 Million Financing

(IN BRIEF) The European Investment Bank (EIB) and Deutsche Leasing have signed the second tranche of a €560 million project to support the green transformation of small and medium-sized enterprises (SMEs) and mid-caps in Germany and Eastern Europe. With €200 … Read the full press release

EIB Supports Iberdrola with €120 Million Loan to Accelerate Spain’s Renewable Energy and Grid Innovations

(IN BRIEF) The European Investment Bank (EIB) has provided a €120 million loan to Iberdrola to advance research, development, and innovation projects in Spain’s energy sector, with a total investment of €250 million. The projects will focus on renewable energy … Read the full press release

Fleet Solid Support Ships Programme Reaches Major Design Milestone with BMT Leading Functional Design in Preliminary Design Review

(IN BRIEF) The Fleet Solid Support (FSS) Ships programme for the Royal Fleet Auxiliary has successfully completed its Preliminary Design Review (PDR), marking a major milestone in the project. Led by Navantia UK as the prime contractor and BMT overseeing … Read the full press release

Altor Sells Carnegie Investment Bank to DNB, Marking a New Chapter for the Leading Nordic Firm

(IN BRIEF) Altor Fund III has announced the sale of Carnegie Investment Bank, a top Nordic investment bank and asset manager, to DNB Bank ASA. Altor acquired Carnegie in 2009 and has since helped the firm grow into a market … Read the full press release

Neuberger Berman, EQT, and CPP Investments Lead USD 14.5 Billion Acquisition of Nord Anglia Education

(IN BRIEF) Neuberger Berman, EQT, and CPP Investments, along with a consortium of global investors, have signed agreements to acquire Nord Anglia Education for USD 14.5 billion. Nord Anglia, a leading international schools organization with over 80 schools in 33 … Read the full press release

SGS Endorses Biodiversity Commitment at COP16, Supporting Global Efforts to Halt Nature Loss by 2030

(IN BRIEF) SGS has endorsed the Business for Nature statement at COP16, emphasizing the importance of strong government leadership and the role of businesses in halting biodiversity loss by 2030. As a leader in testing and certification, SGS is committed … Read the full press release

Icade Maintains Top ESG Ratings and Sustainability Leadership in 2024

(IN BRIEF) Icade has been recognized as a top performer in sustainability by leading ESG rating agencies in 2024. GRESB awarded Icade a score of 90/100, Sustainalytics ranked its ESG risk as “negligible,” placing it among the top 4% of … Read the full press release

Barry Callebaut Highlights Commitment to Cocoa Farmers and Sustainability During Cocoa Horizons Week

(IN BRIEF) Barry Callebaut is celebrating Cocoa Horizons Week to showcase its commitment to sustainable cocoa sourcing and improving the livelihoods of cocoa farmers through its Cocoa Horizons Foundation. Founded in 2015, the foundation focuses on addressing challenges in cocoa … Read the full press release

Wainzua Receives EU Recommendation for Treating Hereditary Amyloidosis, Offering New Monthly Self-Administered Option

(IN BRIEF) AstraZeneca and Ionis’ drug Wainzua (eplontersen) has been recommended for approval in the European Union for treating hereditary transthyretin-mediated amyloidosis (ATTRv-PN) in adults with stage 1 or 2 polyneuropathy. Based on the positive results from the NEURO-TTRansform Phase … Read the full press release

Stadler to Supply Battery-Powered Locomotives for RATP, Supporting Sustainable Maintenance of Paris Metro

(IN BRIEF) The Paris Metro operator, RATP, has commissioned Stadler to deliver twelve custom-made battery-powered locomotives for use in maintenance, service, and repair work across the metro’s 245-kilometer network. These locomotives, set to be introduced by 2027, will operate on … Read the full press release

Global Finance Leaders Show Optimism, Emphasizing Innovation and Adaptation in SIX Future of Finance Study

(IN BRIEF) The SIX Annual Future of Finance Study reveals that 53% of global financial executives are optimistic about economic improvement in the coming year, though many recognize the need for strategic adjustments to harness growth opportunities. Key growth drivers … Read the full press release

Lindner Unveils Sustainable Glass Partitions with Eco-Friendly Wood Composite Frames

(IN BRIEF) Lindner has launched the Lindner Life Stereo GCC, a sustainable glass partition system that replaces aluminium frames with those made from German Compact Composite (GCC), a material consisting of up to 75% natural fibres sourced from wood waste. … Read the full press release