Category Archives: Management

Management Press Releases & News distributed via EuropaWire

SEAT and CUPRA Extend Partnership with Catorce/DDB as Global Creative Agency for Next Three Years

(IN BRIEF) SEAT S.A. and its brands SEAT, CUPRA, and SEAT MÓ have expanded their partnership with Catorce/DDB, a Barcelona-based creative agency. Catorce/DDB will continue as the global creative agency for the automotive company under a new three-year contract starting … Read the full press release

RWE Raises Earnings Outlook for 2023 on Strong First-Half Performance in International Power Generation

(IN BRIEF) RWE, a German energy company, has raised its earnings forecast for fiscal year 2023 based on strong operational performance in the first half of the year. The increase in earnings is primarily attributed to international power generation in … Read the full press release

DHL Group Expands E-commerce Footprint with Acquisition of MNG Kargo in Turkey’s Thriving Market

(IN BRIEF) DHL Group has agreed to acquire 100% of Turkish parcel delivery company MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık A.Ş. (MNG Kargo) and its subsidiaries, aiming to strengthen its position in the rapidly growing Turkish parcel and e-commerce market. … Read the full press release

EIF and SG Equipment Finance Collaborate to Boost Digital Transition for Czech and Slovak Companies with €25 Million Investment

(IN BRIEF) The European Investment Fund (EIF) has signed a portfolio guarantee with SG Equipment Finance to support up to €25 million in new lending for innovative SMEs and small Mid-Caps in Czechia and Slovakia. The financing, backed by the … Read the full press release

EBRD Appoints Catarina Bjorlin Hansen as Head of Moldova to Strengthen Investment and EU Ties

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Catarina Bjorlin Hansen as the new Head of Moldova, effective from 1st September 2023. In her new role, Ms. Bjorlin Hansen will lead the EBRD’s operations in Moldova, … Read the full press release

Moldova’s Improved Road Infrastructure: EBRD-Financed Ciumai-Vulcanesti Road Section Opens

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has financed the rehabilitation of the 55-km Ciumai-Vulcanesti road section in Moldova. The road is an essential part of the strategic M3 Chișinău-Giurgiulești road, connecting Trans-European Network corridors and providing … Read the full press release

EIB Approves €575 Million Loan to Boost Repsol’s Renewable Energy Projects in Spain

(IN BRIEF) The European Investment Bank (EIB) has approved a €575 million loan to support Repsol’s renewable energy projects in Spain, which will include wind and solar photovoltaic plants with a total capacity of 1.1 GW. The loan, signed in … Read the full press release

Euroclear’s Michael Carty to Lead LME Clear as CEO

(IN BRIEF) LME Clear has appointed Michael Carty as its new Chief Executive Officer and LME Clear Board Director, effective from October 2, 2023. With extensive experience in financial infrastructure and technology, Michael joins from Euroclear Group, where he held … Read the full press release

LEAG Advances Energy Transition with Permit Application for Innovative Power-to-X Plant in Germany

(IN BRIEF) Lausitz Energie Kraftwerke AG (LEAG), the largest private energy company in eastern Germany, has submitted a permit application for the construction of an innovative Power-to-X plant in Jänschwalde, Lusatia. The plant will store and re-electrify excess renewable energy … Read the full press release

Skanska Awarded $70M Contract to Redevelop Historic Clayton University Center at Lehigh University

(IN BRIEF) Skanska has secured a contract with Lehigh University to redevelop the Clayton University Center on its campus in Pennsylvania, USA, at a cost of USD 70 million (SEK 730 million). The renovation project involves upgrading various utilities, installing … Read the full press release

Roche and Alnylam Partner to Develop Promising RNAi Therapy for Hypertension Treatment

(IN BRIEF) Roche and Alnylam have entered into a partnership to jointly develop and commercialize zilebesiran, an investigational RNAi therapeutic for the treatment of hypertension. Hypertension affects a significant number of adults worldwide and is a major risk factor for … Read the full press release

Schneider Electric Opens Applications for 2023 Sustainability Impact Awards, Expands to Include Customers and Suppliers

(IN BRIEF) Schneider Electric has announced the opening of applications for the second installment of the Schneider Electric Sustainability Impact Awards. Launched in 2022, these awards recognize the contributions of Schneider’s partner ecosystem in promoting sustainability and digital transformation in … Read the full press release

Ørsted to Divest Remaining Stake in London Array Offshore Wind Farm for £717 Million

(IN BRIEF) Ørsted, a leading renewable energy company, has signed an agreement to sell its remaining 25% minority interest in the London Array Offshore Wind Farm in the UK to funds managed by Schroders Greencoat, a specialist asset manager in … Read the full press release

Terna Invests €19 Million in Underground Cable Project for Electricity Grid Upgrade in Frosinone

(IN BRIEF) Terna, an Italian company specializing in electricity transmission, is investing more than €19 million in a project to create a new underground cable and overhead power lines in the province of Frosinone. The project, authorized by the Italian … Read the full press release

Lightsource bp Releases 2022 Sustainability Report, Showcasing Progress on Solar Projects and Environmental Stewardship

(IN BRIEF) Lightsource bp has released its 2022 Sustainability Report, detailing the company’s sustainability strategy, progress, and achievements. The report highlights the development of 3GW of solar projects, efforts to achieve biodiversity net gain, updated greenhouse gas emission inventories, and … Read the full press release

Amey Consulting Introduces ‘ReStart’ Program to Facilitate STEM Professionals’ Return to the Workforce

(IN BRIEF) Amey Consulting, a prominent UK engineering consultancy, has launched the “ReStart” program to support qualified STEM professionals in re-entering the workforce. The 12-week paid placement opportunity is designed for individuals seeking to restart their careers or transition their … Read the full press release

Vodafone Appoints Luka Mucic as CFO and Executive Director Amidst Ongoing Transformation

(IN BRIEF) Vodafone Group Plc has appointed Luka Mucic as the Chief Financial Officer and an Executive Director of Vodafone, effective from 1 September 2023. Luka Mucic’s appointment comes at a crucial time as Vodafone undergoes a transformation, and he … Read the full press release

Bentley’s Advancing Life Chances Strategy: Over 150 Grants Donated to UK Charities and Plans for Further Community Investments

(IN BRIEF) Bentley, as part of its new Advancing Life Chances (ALC) strategy, has launched a community investment programme to support charities and good causes across the UK. Through the Small Grants Programme, Bentley has already donated over 150 grants … Read the full press release

BASF’s Ultrason® P 3010 Enables Durable Milk Meter Sensors for Accurate Milk Quality Control in Smart Agriculture

(IN BRIEF) BASF’s high-performance thermoplastic, Ultrason® P 3010, is being used by milkrite | InterPuls, a leading dairy equipment company, to manufacture durable milk meter sensors. These sensors are used for reliable and accurate milk quality control in the milking … Read the full press release