Category Archives: Management

Management Press Releases & News distributed via EuropaWire

ABB Partners with Gravitricity to Advance Gravity Energy Storage in Abandoned Mines

(IN BRIEF) ABB has entered into an agreement with Gravitricity, a UK-based gravity energy storage company, to collaborate on the development and implementation of gravity energy storage systems in disused mines. Gravitricity’s innovative GraviStore system utilizes heavy weights in underground … Read the full press release

Lagardère’s Shareholder Vivendi Extends Rights to Sell Shares Until June 2025

(IN BRIEF) Lagardère acknowledges that its shareholder, Vivendi SE, has unanimously approved the extension of the exercise period for the rights to sell Lagardère shares until June 15, 2025. This extension maintains the terms and conditions outlined in the public … Read the full press release

EQT Infrastructure to Acquire Majority Stake in Heritage Environmental Services, Advancing Industrial Waste Management

(IN BRIEF) EQT Infrastructure has announced its acquisition of a majority stake in Heritage Environmental Services (HES), a leading US provider of sustainability and industrial waste management services. The move aligns with EQT’s focus on investing in businesses that offer … Read the full press release

PGNiG Upstream Norway Partners with Horisont Energi for Major Carbon Storage Project in Barents Sea

(IN BRIEF) PGNiG Upstream Norway, a part of the ORLEN Group, has signed an agreement with Horisont Energi AS to acquire a 50% interest in the CO2 exploration license Polaris in the Barents Sea. This partnership signifies a significant step … Read the full press release

DNV Receives Global Carbon Council Accreditation for GHG Emission Reduction Validation and Verification

(IN BRIEF) DNV has achieved accreditation from the Global Carbon Council (GCC) as one of 14 approved verifiers. This accreditation enables DNV to provide validation and verification services for businesses engaged in greenhouse gas (GHG) emissions reduction projects aligned with … Read the full press release

U.S. Navy Procures Saab’s Double Eagle Undersea Vehicles for Kuwait’s Naval Force

(IN BRIEF) The U.S. Navy is purchasing Saab’s Double Eagle family of undersea vehicles, known for their safety and operational reliability, as part of a Foreign Military Sales (FMS) program for the State of Kuwait’s Naval Force. This advanced system, … Read the full press release

Arkema Secures 20-Year Solar Energy Contract with EDF Renewables for 70% of Bostik’s Electricity Needs

(IN BRIEF) Arkema has entered into a 20-year contract with EDF Renewables to supply 20 GWh/year of renewable electricity, beginning in 2026. This partnership will cover 70% of Bostik’s electricity consumption across its eight sites in France. The move towards … Read the full press release

European Commission Approves €2.6 Billion Compensation to RWE for Early Coal Phase-Out

(IN BRIEF) The European Commission has given its approval for RWE to receive €2.6 billion in compensation for the early phase-out of its lignite-fired power plants, as mandated by the German Act to Reduce and End Coal-Fired Power Generation passed … Read the full press release

Global Study by Tech Giants Reveals Workplace Challenges for Neurodivergent Employees and Calls for Inclusivity

(IN BRIEF) A groundbreaking global study conducted at Colt, Nokia, Samsung, and Vodafone, as part of the #ChangeTheFace Alliance’s efforts to promote diversity and equality in the technology sector, has unveiled significant workplace challenges faced by neurodivergent employees. The research … Read the full press release

Siemens Announces Virtual Annual Shareholders’ Meeting in February 2024, Proposes Increased Dividend, and Highlights Strong Fiscal Year Performance

(IN BRIEF) Siemens AG has revealed plans for its Annual Shareholders’ Meeting scheduled for February 8, 2024, to be held in a virtual format, following approval at the 2023 Annual Shareholders’ Meeting. The company’s Chairman of the Supervisory Board, Jim … Read the full press release

Generali Earns Top ESG Rating from MSCI and Maintains Strong Sustainability Presence in Dow Jones Indices

(IN BRIEF) Generali has reaffirmed its sustainability leadership by achieving MSCI’s highest “AAA” ESG rating, reflecting its advanced climate risk management practices and commitment to responsible investments, human capital management, and cybersecurity. The company’s continued presence in the Dow Jones … Read the full press release

Deutsche Bank and CIMB Partner to Expand Shariah Custody Services in Malaysia and Singapore

(IN BRIEF) Deutsche Bank has partnered with CIMB, a major Malaysian bank, to offer Shariah custody services to clients in Malaysia, aligning with new regulatory guidelines. The collaboration aims to serve fund managers adhering to Shariah capital market guidelines. Deutsche … Read the full press release

Shell Announces Dividend Payment Options and Rates for Q3 2023

(IN BRIEF) Shell plc’s Board has disclosed the dividend payment details for the third quarter of 2023. The interim dividend, set at US$0.331 per ordinary share, offers shareholders the flexibility to receive their dividends in US dollars, euros, or pounds … Read the full press release

Alfa Laval and Bisviridi Collaborate to Convert Organic Waste into Sustainable Aviation Fuel

(IN BRIEF) In a groundbreaking partnership, Alfa Laval, a global leader in heat transfer and fluid handling, has joined forces with Bisviridi, a subsidiary of the BioteCH4 group, a leading UK anaerobic digestion (AD) operator. Their collaboration seeks to boost … Read the full press release

BMW’s High-Performance M 1000 XR to Feature Continental’s ContiRaceAttack 2 Street Tires

(IN BRIEF) Continental has partnered with BMW Motorrad to provide OEM approval for their ContiRaceAttack 2 Street hypersport tires on the new BMW M 1000 XR. This collaboration marks the first-time partnership between the two premium manufacturers in the hypersport … Read the full press release

Continental Partners with Synopsys to Accelerate Software Development for Software-Defined Vehicles

(IN BRIEF) Continental has announced a collaboration with Synopsys aimed at expediting the development and validation of software features and applications for Software-Defined Vehicles (SDV). This partnership combines Synopsys’ virtual prototyping solutions for virtual Electronic Control Units (vECU) with Continental’s … Read the full press release

BBVA Named Europe’s Most Sustainable Bank for Fourth Consecutive Year in Dow Jones Sustainability Index

(IN BRIEF) For the fourth year in a row, BBVA has been recognized as Europe’s most sustainable bank in the Dow Jones Sustainability Index (DJSI), a leading global sustainability ranking. The bank received a total score of 84 out of … Read the full press release

SGS Appoints Ariel Bauer as Group Vice President for Investor Relations, Communications & Sustainability

(IN BRIEF) SGS, a leading global inspection, verification, testing, and certification company, has named Ariel Bauer as the Group Vice President of Investor Relations, Communications & Sustainability. In his new role, Ariel will be responsible for devising and executing communication … Read the full press release

Roche Presents Promising Data on Innovative Lymphoma Treatments at ASH Annual Meeting

(IN BRIEF) Roche, a global pharmaceutical company, has shared compelling data from its CD20xCD3 T-cell engaging bispecific antibody program during the 65th American Society of Hematology (ASH) Annual Meeting & Exposition held in December 2023. The data includes extended follow-up … Read the full press release

Holcim’s “Carbon2Business” Receives Recognition and Awards for Groundbreaking Carbon Capture Project at COP28

(IN BRIEF) Holcim, the global building materials company, has been honored with two prestigious awards at COP28 in Dubai for its innovative “Carbon2Business” project in Lägerdorf, Germany. The first accolade names Holcim as an “Energy Transition Changemaker,” recognizing the project’s … Read the full press release