Category Archives: Management

Management Press Releases & News distributed via EuropaWire

Škoda Unveils Fourth-Generation Superb Hatchback with Enhanced Design and Technology

(IN BRIEF) Škoda Auto is set to introduce the latest iteration of its flagship model series, the Superb, showcasing a refined hatchback version alongside the popular Combi estate. The new Superb hatchback features an evolved Škoda design, marked by a … Read the full press release

Shell Announces Q2 2023 Interim Dividend Payments in Multiple Currencies

(IN BRIEF) The Board of Shell plc has disclosed the dividend payments for the second quarter 2023 interim dividend, which was declared at US$0.331 per ordinary share on July 27, 2023. Shareholders were given the option to receive dividends in … Read the full press release

Flo Group and Versalis Introduce R-Hybrid: Innovative Recycled Polystyrene Vending Cups

(IN BRIEF) Flo Group and Versalis (Eni) have introduced R-Hybrid, a groundbreaking vending cup made from post-consumer recycled polystyrene (r-PS). This collaboration marks a significant step toward sustainable food packaging by enabling efficient resource reuse and maintaining recyclability. Developed in … Read the full press release

Eni Partners with Oando PLC to Sell Nigerian Agip Oil Company Ltd and Focus on Core Strategy

(IN BRIEF) Eni, a prominent energy company, has revealed an agreement with Oando PLC, Nigeria’s indigenous energy solutions provider, for the sale of Nigerian Agip Oil Company Ltd (NAOC Ltd). NAOC Ltd, a wholly-owned Eni subsidiary, is dedicated to onshore … Read the full press release

Gretchen Biery Takes the Helm as EBRD Director for Eastern Mediterranean

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has named Gretchen Biery as Director for its eastern Mediterranean region, overseeing operations in Jordan, Lebanon, and the West Bank and Gaza. Effective from September 1, 2023, she reports to … Read the full press release

Nestlé’s Palforzia Peanut Allergy Treatment Finds New Owner in Stallergenes Greer

(IN BRIEF) Nestlé has successfully divested its peanut allergy treatment business, Palforzia, to biopharmaceutical company Stallergenes Greer. This move follows Nestlé’s strategic review of its portfolio and aims to ensure business continuity while providing patients uninterrupted access to the treatment. … Read the full press release

Iberdrola Makes Strides in Offshore Wind Leadership with Saint-Brieuc and Baltic Eagle Projects

(IN BRIEF) Iberdrola, a prominent energy company, is making significant progress in its offshore wind initiatives with notable achievements in the Saint-Brieuc and Baltic Eagle projects. The Saint-Brieuc offshore wind farm, the second-largest in France, is near completion despite challenges … Read the full press release

Hydro’s Norwegian Aluminium Smelters Lead the Way with New Energy Efficiency Measures

(IN BRIEF) Hydro, a leading aluminium producer, is taking significant steps to enhance energy efficiency across its five aluminium smelters in Norway. The measures will lead to a reduction in electricity consumption, starting with the installation of LED lights and … Read the full press release

German Student Triumphs Over Health Challenges to Win Student of the Year Award at Scottish Marine Science Institute

(IN BRIEF) Anna Pfoertner, a 23-year-old student from Germany, has been named the Student of the Year at the Scottish Association for Marine Science (SAMS). She graduated with a first-class honours degree in Marine Science despite battling chronic health problems, … Read the full press release

Rheinmetall Delivers First Extreme-Terrain UGV to Norway for Harsh Environments

(IN BRIEF) Rheinmetall has delivered Norway’s first Rheinmetall Mission Master XT, an unmanned ground vehicle (UGV) designed for extreme terrains and sub-zero temperatures. The contract was awarded by the Norwegian Defence Research Establishment following a competitive bid that emphasized challenging … Read the full press release

Austrian School Curricula to Integrate Financial Education with Vienna Stock Exchange Material

(IN BRIEF) As the new school year begins, Austrian curricula are introducing enhanced financial and economic education for fifth to eighth graders in secondary schools. The Vienna Stock Exchange is contributing to this initiative with its “börse4beginners” teaching material, offering … Read the full press release

TenneT Bolsters Supervisory Board with Appointments of Maarten Camps and Kuldip Singh for Diverse Expertise

(IN BRIEF) TenneT, a leading European electricity transmission system operator, has welcomed Maarten Camps and Kuldip Singh as new members to its Supervisory Board, effective from September 1, 2023. Camps, Chair of the Executive Board of Dutch social security agency … Read the full press release

IRENA Report: Solar Power Leads Sharp Decline in Renewable Energy Costs, Indicating Transformative Shift

(IN BRIEF) A recent International Renewable Energy Agency (IRENA) report indicates that 86% of newly commissioned renewable electricity capacity in 2022 cost less than fossil fuel-generated electricity. Solar power notably contributed to this trend, with its global average cost dropping … Read the full press release

BILD TV to Broadcast Handball Bundesliga Matches and Launch Sports Talk Show

(IN BRIEF) BILD TV, in collaboration with Dyn, will broadcast selected top matches of the Handball Bundesliga live on free TV starting from August 27, 2023. The initiative aims to expand the sports content beyond soccer and will also feature … Read the full press release

UK Allocates £18.5 Million for Green Transition Ecosystem Projects to Tackle Ecological Challenges

(IN BRIEF) The UK government has allocated £18.5 million to fund four Green Transition Ecosystem projects aimed at addressing ecological challenges through design-based solutions. The initiatives encompass various areas, including retrofitting houses for improved energy efficiency, sustainable medical equipment usage, … Read the full press release

TotalEnergies Strengthens Collaborative Energy Projects with Azerbaijan, Inaugurates Absheron Gas Field Phase

(IN BRIEF) TotalEnergies’ Chairman and CEO, Patrick Pouyanné, met with President Ilham Aliyev of Azerbaijan during the inauguration ceremony of the Absheron gas field’s first development phase. The gas field is currently producing 1.5 BCMA, with plans to increase production … Read the full press release

Mark Rennison Joins NatWest Holdings Board as Independent Director

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) Mark Rennison has been appointed as an independent non-executive director of NatWest Holdings Limited (NWH), effective from September 1, 2023. He will also serve on the NWH Audit Committee. Additionally, Graham Beale has stepped down from the NWH … Read the full press release

NatWest Survey Reveals Positive Outlook Among SME Law Firms Despite Margin Pressures

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) A newly released legal benchmarking survey commissioned by NatWest reveals that 9 out of 10 small to medium-sized (SME) law firms are optimistic about their financial performance in the upcoming year. NatWest’s ninth Legal Report analyzes the financial … Read the full press release

RWE Aktiengesellschaft Initiates Share Acquisition for Employee Share Programme Compliance

(IN BRIEF) RWE Aktiengesellschaft is set to acquire shares in RWE Aktiengesellschaft within the November 15 to November 21, 2023 timeframe. The total purchase value is capped at EUR 25,000,000.00, representing a maximum of 656,857 shares based on the closing … Read the full press release

Deutsche Telekom Collaborates on Multi-Vendor Open RAN Trial for Disaggregated Networks

(IN BRIEF) Deutsche Telekom reaffirms its commitment to Open RAN development by unveiling a multi-vendor trial focused on programmable radio access networks (RANs). The initiative showcases the potential of the Non-RT RIC (Real-Time Intelligent Controller) and rApp (RAN Application) concept … Read the full press release