Category Archives: Management

Management Press Releases & News distributed via EuropaWire

Telekom Launches ‘Against Hate on the Net’ Initiative to Combat Hate Speech and Promote Digital Solidarity

(IN BRIEF) Telekom is launching its initiative “Against hate on the Net” with a new spot on the International Action Day for Victims of Hate Crime. The spot urges people to take action against hate speech on the internet by … Read the full press release

BAE Systems to Supply Advanced Electric Propulsion Systems for Toronto Transit Commission’s Zero-Emission Bus Fleet

(IN BRIEF) BAE Systems, a leader in heavy-duty electric propulsion, will provide up to 541 Gen3 electric power and propulsion systems for the Toronto Transit Commission’s (TTC) new battery-electric bus fleet. The Gen3 technology builds on BAE Systems’ proven components … Read the full press release

MSC Subsidiary MEDWAY Belgium Expands Rail Fleet with Siemens’ Vectron Locomotives for European Freight Transport

(IN BRIEF) MSC’s subsidiary MEDWAY Belgium NV has placed an order for 15 Vectron MS locomotives from Siemens Mobility. The locomotives will be used for cross-border freight transport in Europe and to supplement container transport in serving the eastern hinterland … Read the full press release

Enel Enters Joint Venture with Macquarie Asset Management, Sells 50% Stake in Greek Subsidiary for 345 Million Euros

(IN BRIEF) Enel S.p.A. has entered into an agreement with Macquarie Asset Management to sell 50% of its renewable subsidiary in Greece, Enel Green Power Hellas (EGPH), for approximately 345 million euros. Upon closing the transaction, Enel Green Power S.p.A. … Read the full press release

Eni and SLB Collaborate to Enhance Pipeline Safety and Monitoring with e-vpms® Technology

(IN BRIEF) Eni, through its subsidiary Enivibes, and SLB (Schlumberger) have formed an alliance to deploy e-vpms® (Eni Vibroacoustic Pipeline Monitoring System), an innovative technology developed by Eni. The e-vpms® system utilizes vibroacoustic wave detection to provide real-time analysis, monitoring, … Read the full press release

Volkswagen and Audi Forge Strategic Partnerships with Chinese Automakers to Accelerate E-Mobility Expansion in China

(IN BRIEF) Volkswagen Group is expanding its presence in the fast-growing e-mobility market in China through strategic cooperations with local automakers. The VW brand has signed a technological framework agreement with XPENG for joint development of two electric models in … Read the full press release

Logicor’s Ambitious Redevelopment Plan Creates Modern and Sustainable Logistics Hub in the UK’s Golden Triangle

(IN BRIEF) Logicor, a prominent logistics real estate owner and manager in Europe, is embarking on its largest redevelopment project in the UK. The site, located in the Midlands, within the Golden Triangle logistics hub, will be transformed into Logicor … Read the full press release

Albania’s First Onshore Wind Auction Sees Success with EBRD Support and Record Prices

(IN BRIEF) Albania has announced the results of its first utility-scale bidder-selected site auction for onshore wind, part of the country’s third renewable energy auction. Three bidders, Total Eren, Guris, and Verbund, have been awarded a total capacity of 222.48 … Read the full press release

EBRD Expands Support to Ukraine’s KredoBank with €25 Million Guarantee Facility for Critical Industries and Food Security

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is expanding its cooperation with KredoBank, a subsidiary of PKO Bank Polski, to support food security and critical industries in wartime Ukraine. The EBRD provides a €25 million guarantee facility … Read the full press release

Serbia Inaugurates First Section of ‘Peace Highway’ Linking Niš and Merdare with EU Support

(IN BRIEF) The first 5.5 km section of the Niš-Merdare highway, also known as the “Peace Highway,” was inaugurated in Serbia. The project, a flagship under the Economic and Investment Plan, aims to halve travel time between Niš and Merdare, … Read the full press release

MAN Truck & Bus Reports Robust Growth in Unit Sales and Revenue, Achieves Return Targets in H1 2023

(IN BRIEF) MAN Truck & Bus, a commercial vehicles manufacturer, reported strong performance in the first half of the year. Unit sales increased by 61% to 56,173 new vehicles, with sales revenue reaching €7.0 billion, a 41% year-on-year increase. The … Read the full press release

Experts Call for Early Intervention to Curb Childhood Obesity and Reduce Cardiovascular Disease Risk in Adulthood

(IN BRIEF) A scientific statement published in the European Journal of Preventive Cardiology highlights that childhood obesity is a critical factor leading to cardiovascular disease (CVD) in adulthood. Childhood obesity is on the rise globally, and the associated problems of … Read the full press release

SIX Swiss Exchange Witnesses Surge in Green Bond Listings, Now Offers Access to Over CHF 28 Billion in Green Bonds

(IN BRIEF) SIX Swiss Exchange reports significant growth in green bond activity in Switzerland, with over a hundred green bonds listed and/or traded, totaling CHF 28 billion in nominal value. Swiss issuers account for half of these bonds, and 91% … Read the full press release

Ericsson and Intel Partner to Advance Next-Generation Optimized 5G Infrastructure with Custom 5G SoCs and Intel Xeon Processors

(IN BRIEF) Ericsson and Intel have announced a strategic collaboration to utilize Intel’s manufacturing technology for Ericsson’s next-generation optimized 5G infrastructure. Intel will manufacture custom 5G SoCs for Ericsson to create highly differentiated products for future 5G infrastructure. They will … Read the full press release

GTT to Design LNG Fuel Tanks for Ten Ultra Large Container Vessels in Collaboration with Yangzijiang Shipyard

(IN BRIEF) GTT, a technological expert in containment systems with cryogenic membranes for liquefied gases, has secured an order from Yangzijiang, a Chinese shipyard, to design cryogenic fuel tanks for ten ultra large container vessels powered by LNG. The vessels … Read the full press release

Kapsch TrafficCom CTO Emphasizes Importance of Connected Vehicles for Safer and Greener Traffic

(IN BRIEF) Connected vehicle technology, in the form of Orchestrated Connected Corridors (OCCs), is enhancing road safety and traffic flow, benefiting both motorists and vulnerable road users. OCCs provide real-time traffic management capabilities and safety insights, addressing challenges like driver … Read the full press release

The People and Pentland Brands Join Forces to Bridge Age Gap in Boardrooms

(IN BRIEF) Pentland Brands and The People are teaming up to create a youth advisory board, inviting individuals under 30 from key markets to provide insights for strategic decisions. The board will offer diverse perspectives to enhance the employee experience … Read the full press release

Enel S.p.A. Reports Impressive 52% Surge in Net Income for H1 2023

(IN BRIEF) Enel S.p.A., a multinational energy company, announced its financial results for the first half of 2023. The company showcased robust growth in key financial metrics, with revenues of 47,095 million euros (-28.2%) and ordinary EBITDA of 10,739 million … Read the full press release

Saab Awarded EUR 52m Contract for Airborne Early Warning Aircraft by Poland

(IN BRIEF) Saab, a leading defence and security company, has received an order worth approximately SEK 600 million (~EUR 52 million)  from Poland’s Ministry of National Defence for two Saab 340 Airborne Early Warning (AEW) aircraft equipped with Saab’s advanced … Read the full press release

autoTicket GmbH Finalizes Settlement Agreement with Germany, Receives EUR 243 Million Payment

(IN BRIEF) On July 5, 2023, autoTicket GmbH, a joint venture of Kapsch TrafficCom AG and CTS Eventim AG Co. KGaA, reached a settlement agreement with the Federal Republic of Germany to end arbitration proceedings related to the termination of … Read the full press release