Category Archives: Management

Management Press Releases & News distributed via EuropaWire

Maritime Sector Embraces Cyber Risk for Innovation as DNV Calls for Enhanced Security Collaboration

(IN BRIEF) A new report by DNV reveals that a majority of maritime professionals (61%) are willing to accept greater cyber risks to enable innovation and digital transformation. With growing reliance on technologies like AI, IoT, and satellite communications, cyber … Read the full press release

Michael Schmid Elected as New President of Eurojust, Set to Lead Agency into Digital Age

(IN BRIEF) Michael Schmid has been elected as the new President of Eurojust, taking office on 15 November 2024 for a four-year term. Schmid, Austria’s National Member at Eurojust since 2022, will succeed Ladislav Hamran. Schmid aims to strengthen Eurojust’s … Read the full press release

EIF Invests €90 Million to Boost Portugal’s Tech Start-ups and Strengthen Cybersecurity

(IN BRIEF) The European Investment Fund (EIF) has committed €90 million to three venture capital funds focused on accelerating the growth of tech start-ups in Portugal’s deep tech and cybersecurity sectors. This investment, announced at the 2024 Web Summit in … Read the full press release

Multilateral Development Banks Commit to Mobilizing USD 120 Billion for Climate Action at COP29

(IN BRIEF) At COP29 in Baku, multilateral development banks (MDBs) announced a commitment to collectively mobilize significant financial support to help countries meet ambitious climate goals. By 2030, MDBs estimate they will direct USD 120 billion annually towards low- and … Read the full press release

EIB Announces €150 Million Investment for Forest Conservation and Restoration in Côte d’Ivoire

(IN BRIEF) At COP29, the European Investment Bank (EIB) announced a €150 million investment to support Côte d’Ivoire’s forest preservation, rehabilitation, and expansion efforts. This funding aligns with President Alassane Ouattara’s Abidjan Legacy programme, which targets deforestation, land restoration, and … Read the full press release

Jean-Jacques Henchoz to Step Down from Talanx AG, Clemens Jungsthöfel to Succeed as Head of Reinsurance

(IN BRIEF) Jean-Jacques Henchoz, a member of Talanx AG’s Board of Management and head of the Reinsurance division, will step down on 31 March 2025 after choosing not to extend his contract. Clemens Jungsthöfel, the current Chief Financial Officer and … Read the full press release

Sandvik Innovation Prize 2024 Awarded for Groundbreaking CT67/CT55 Thread Technology

(IN BRIEF) The Sandvik Innovation Prize for 2024 has been awarded to a team from Sandvik Mining and Rock Solutions for their innovative work on the CT67/CT55 thread concept. The team, led by Anders Nordberg, Tomas Jansson, Andreas Norman, and … Read the full press release

Porsche Launches Four-Week Bug Bounty Program to Strengthen Cybersecurity

(IN BRIEF) After a successful pilot in 2023, Porsche is launching a four-week Bug Bounty program to further improve the security of its products and services. The program invites ethical hackers to identify and report vulnerabilities before they can be … Read the full press release

Nordex Group to Supply 19 Cold-Climate Turbines for Wind Farm in Québec

(IN BRIEF) The Nordex Group has secured an order to supply 19 N163/5.X turbines for a wind farm in Québec, Canada. These turbines, designed for cold climates, will be mounted on 125-meter-high steel towers and are scheduled for delivery in … Read the full press release

DWS Group Streamlines Investment Leadership, Appointing Vincenzo Vedda as Global CIO to Enhance Client-Focused Strategy

(IN BRIEF) DWS Group has restructured its investment leadership by consolidating its Portfolio Management, Chief Investment Office, and Economic Research units under Vincenzo Vedda, who will also take on the role of Global Chief Investment Officer (CIO). This strategic shift … Read the full press release

GEA Powers World’s Largest Wastewater Treatment Facility in Egypt with Energy-Efficient Decanter Technology

(IN BRIEF) GEA has supplied six advanced biosolids Decanter prime 8000 dewatering units to Egypt’s West Delta Wastewater Treatment Plant, the world’s largest facility of its kind. Located near Cairo, the plant treats up to 7.5 million cubic meters of … Read the full press release

KSB Group Introduces BOATRONIC 100 MOD to Streamline Energy-Efficient Monitoring for Building Systems

(IN BRIEF) KSB Group has launched the BOATRONIC 100 MOD measuring computer, a compact solution designed to meet Germany’s updated Buildings Energy Act (GEG 2024) requirements. When paired with the BOA-Control IMS valve, it enables efficient monitoring of key metrics … Read the full press release

AI Collaboration Between GFT and NVIDIA Aims to Transform Banking and Manufacturing with Custom Solutions

(IN BRIEF) GFT Technologies has partnered with NVIDIA to introduce advanced AI solutions to the financial services and manufacturing industries. This collaboration will use NVIDIA’s AI software and computing tools along with GFT’s industry expertise to develop applications like digital … Read the full press release

HENSOLDT Secures Contract to Equip Bundeswehr’s Fennek Vehicles with Advanced BAA III Sensor Technology for Enhanced Reconnaissance

(IN BRIEF) HENSOLDT has been awarded a contract to upgrade the sensor technology on 90 Fennek vehicles for the Bundeswehr, enhancing their reconnaissance and targeting capabilities. The upgrades include transitioning scout and Joint Fire Support Team vehicles to the advanced … Read the full press release

DHL Express Appoints Abdulaziz Busbate as CEO of MENA Region to Lead Growth and Sustainable Logistics Initiatives

(IN BRIEF) DHL Express has appointed Abdulaziz Busbate as CEO of its Middle East and North Africa (MENA) operations, effective January 1, 2025. With 24 years at DHL, Busbate brings extensive experience, having led operations in both Saudi Arabia and … Read the full press release

BASF to Launch Industrial-Scale 3D-Printed Catalyst Production to Boost Green Transformation Efforts

(IN BRIEF) BASF is expanding its production capacity for its advanced X3D® catalyst technology, which utilizes 3D printing to create high-performance catalysts that improve reactor efficiency and reduce energy use. The first industrial-scale X3D production plant is set to open … Read the full press release

EIB Launches PLN 3.5 Billion Initiative with ORLEN to Boost Poland’s Renewable Energy Grid and Strengthen Energy Security

(IN BRIEF) The European Investment Bank (EIB) has provided a PLN 900 million loan to ORLEN Group for upgrades to Energa’s power grid, marking the first part of a PLN 3.5 billion funding initiative aimed at improving Poland’s energy infrastructure. … Read the full press release

Siemens’ Industrial Copilot Brings AI-Powered Efficiency to Engineering and Manufacturing, Welcoming thyssenkrupp Automation Engineering as a Global Partner

(IN BRIEF) Siemens’ Industrial Copilot, the first generative AI assistant designed for industrial engineering, has expanded its capabilities, gaining thyssenkrupp Automation Engineering as a global customer. New features include multimodal inputs, agent-based automation, and an on-premises solution to ensure data … Read the full press release

MDC Expands Global Leadership with Acquisition of Lighteum to Advance Medical Device Manufacturing

(IN BRIEF) MDC has completed the acquisition of Lighteum, a leader in nitinol-based medical component manufacturing, expanding its capabilities in the medical device industry. The acquisition combines MDC’s expertise in platinum group metals and micromachining with Lighteum’s advanced nitinol processing … Read the full press release

New Holland Construction Helps Denmark Achieve Sustainability Goals with Electric Mini Excavators at Roskilde Technical School

(IN BRIEF) New Holland Construction is supporting Denmark’s sustainability goals by providing electric mini excavators to Roskilde Technical School. These zero-emission machines are used by students in landscaping and construction projects, helping them gain the skills needed for future eco-friendly … Read the full press release

Morrisons Completes Acquisition of 36 Stores in the Channel Islands, Plans £7 Million Rebranding Investment

(IN BRIEF) Morrisons has completed the acquisition of 36 convenience stores in Jersey, Guernsey, and Alderney from SandpiperCI. The company will rebrand most of the stores to the Morrisons format, investing over £7 million in the conversion and store improvements. … Read the full press release

Port of Rotterdam’s New Tariff Structure Promotes Sustainability and Efficiency Starting in 2025

(IN BRIEF) The Port of Rotterdam Authority has announced a new tariff structure for seaport and inland port dues, effective from 1 January 2025. The changes, which include a 6% increase in 2025 and subsequent smaller increases in the following … Read the full press release

Iberdrola España Moves Forward with Wind Farm Repowering in Castilla-La Mancha to Boost Renewable Energy Production

(IN BRIEF) Iberdrola España has obtained the environmental permit for its first wind farm repowering project in Castilla-La Mancha, which includes upgrading the Molar de Molinar wind farm and another site in the region. The repowering will reduce the number … Read the full press release

SIX Group to Acquire Aquis Exchange in Strategic Move to Strengthen European Exchange Capabilities

(IN BRIEF) SIX Group has reached an agreement to acquire Aquis Exchange in a cash offer valued at 727 pence per share. The acquisition, which will enhance SIX’s European exchange capabilities, combines Aquis’s next-generation technology with SIX’s existing trading, data, … Read the full press release

EnBW to Launch 100 MW Battery Storage Facility in Marbach to Support Renewable Energy Integration

(IN BRIEF) EnBW is set to build a large-scale battery storage facility in Marbach, southern Germany, with a capacity of 100 megawatt-hours and an output of 100 megawatts, enough to power around 12,500 households for one day. The facility will … Read the full press release

Nemetschek Group Wins Big at the 2024 Construction Computing Awards, Recognizing Graphisoft and Vectorworks for Excellence in Innovation

(IN BRIEF) The Nemetschek Group earned multiple accolades at the 2024 Construction Computing Awards, with its brands Graphisoft and Vectorworks taking home prestigious honors. Graphisoft’s Archicad won the “BIM Product of the Year 2024” for the 14th consecutive time, while … Read the full press release

Kuehne+Nagel and Azul Linhas Aéreas Partner to Empower Amazonian Communities and Promote Sustainable Development

(IN BRIEF) Kuehne+Nagel and Azul Linhas Aéreas have partnered to support Amazonian riverside communities by connecting small producers and cooperatives to national and international markets. This initiative is part of the ARA Movement – All Amazons Under the Same Blue … Read the full press release

Kayana Solutions and Accenture Collaborate to Launch Digital Factory for Accelerated Innovation in the Philippines

(IN BRIEF) Kayana Solutions Inc. has partnered with Accenture to create a digital factory aimed at boosting digital product development for the MVP Group. The collaboration seeks to deliver personalized experiences for Filipino consumers and businesses by combining Accenture’s expertise … Read the full press release

Stora Enso’s Katajanokan Laituri: Helsinki’s Largest Mass Timber Building Sets a New Standard for Sustainable Urban Development

(IN BRIEF) Katajanokan Laituri, completed in the summer of 2024, is a sustainable urban regeneration project in Helsinki’s South Harbour. It houses Stora Enso’s new headquarters, along with a hotel, event space, restaurants, cafés, and a rooftop terrace. As Finland’s … Read the full press release

Telefónica Pledges €3M and Volunteer Support for Swift Recovery in DANA Flood-Affected Areas

(IN BRIEF) Telefónica has committed €3 million through its Foundation to support those impacted by the recent DANA-related floods in Spain. In collaboration with local authorities and NGOs like the Red Cross, Telefónica mobilized teams to assist in relief and … Read the full press release

Vodafone Foundation Launches ‘Me, Myself & AI’ to Empower Youth with AI Knowledge Across Europe

(IN BRIEF) The Vodafone Foundation has introduced “Me, Myself & AI,” a campaign across Europe aimed at educating young people about Artificial Intelligence (AI). Through a series of 60 social media videos and interactive content on platforms like TikTok and … Read the full press release

Siemens Launches Advanced Eco-Friendly e-Starter with Ultra-Fast Short-Circuit Protection and Seamless Automation Integration

(IN BRIEF) Siemens Smart Infrastructure has unveiled its fully electronic SIMATIC ET 200SP e-Starter, offering advanced, ultra-fast short-circuit protection that outpaces traditional technology by 1,000 times. Designed for high-efficiency motors in sectors like food and beverage and manufacturing, the e-Starter’s … Read the full press release

Deutsche Bank Honored as Top Global Private Bank for Entrepreneurs and Market Leader in Germany at PWM Awards 2024

(IN BRIEF) Deutsche Bank’s Private Bank has been named “Best Private Bank for Entrepreneurs” globally and “Best Private Bank in Germany” by Professional Wealth Management (PWM) and The Banker at the 2024 Global Private Banking Awards. These awards recognize the … Read the full press release

SIRIUS Conference 2024 Highlights Advances in Cross-Border Electronic Evidence Access

(IN BRIEF) The SIRIUS Conference 2024, hosted from November 5-7, brought together law enforcement, judicial authorities, policymakers, and service providers to discuss challenges and solutions in cross-border electronic evidence access. Organized by Europol and Eurojust, the conference covered topics like … Read the full press release

EIF and Lithuania’s ILTE Launch €191.6 Million Initiative to Boost Business Financing Through Private Credit Funds

(IN BRIEF) The European Investment Fund (EIF) and Lithuania’s national development institution, UAB ILTE, are investing €191.6 million to support private credit funds, providing alternative financing for Lithuanian businesses. With equal contributions of €95.8 million each, the partnership aims to … Read the full press release

UEA Study Uncovers Warming Oceans’ Role in Accelerating Melting of Antarctica’s Ross Ice Shelf

(IN BRIEF) A University of East Anglia study reveals that the Ross Ice Shelf has been melting more rapidly due to warming ocean waters, with heat transport likely to increase as the climate continues to warm. Data gathered by an … Read the full press release

Professor Philip Baker Appointed UEA Pro-Vice-Chancellor for Medicine and Health Sciences, Strengthening NHS and Research Collaborations

(IN BRIEF) Professor Philip Baker has been appointed Pro-Vice-Chancellor of UEA’s Faculty of Medicine and Health Sciences, bringing significant experience in leading medical faculties globally. His appointment aims to strengthen the faculty’s teaching and research capabilities, in close collaboration with … Read the full press release

New Study Finds A&E Departments an Effective Setting for Encouraging Smoking Cessation with Vape Support

(IN BRIEF) A University of East Anglia study found that offering vapes to patients in A&E departments helped boost confidence in quitting smoking. The trial, conducted in six hospitals, showed higher quit rates among those given vape kits versus traditional … Read the full press release

Borçelik Partners with ANDRITZ for Advanced Furnace Installation to Boost Automotive Steel Production in Turkey

(IN BRIEF) Turkish steel manufacturer Borçelik has selected ANDRITZ to supply a versatile combi-line furnace for a new cold strip mill in Bursa. This advanced furnace will support both galvanizing and annealing operations, enhancing Borçelik’s production of automotive-grade steel. The … Read the full press release

University of Groningen Secures Major Grants for Biodiversity and Origins of Life Research, Engaging Communities and Interdisciplinary Teams

(IN BRIEF) The University of Groningen’s Faculty of Science and Engineering has received two €6.7 million grants for research into biodiversity restoration in farming regions and the origins of life on Earth and beyond. Led by Professors Han Olff and … Read the full press release