Category Archives: Management

Management Press Releases & News distributed via EuropaWire

thyssenkrupp nucera’s scalum® Wins German Sustainability Award for Innovation in Green Hydrogen Technology

(IN BRIEF) thyssenkrupp nucera’s 20 MW scalum® electrolysis module has won the German Sustainability Award for its pioneering role in green hydrogen production. Recognized for its modular, scalable design, scalum® enables large-scale green hydrogen production and supports industry sustainability goals. … Read the full press release

SUSS Reports Record Q3 Results, Expands Production to Meet Growing Semiconductor Demand

(IN BRIEF) SUSS has reported strong Q3 results, with sales of €102.5 million and a 16.9% EBIT margin, continuing a robust growth trend in 2024. The company is expanding production, including a new Taiwan facility, to meet high demand. SUSS … Read the full press release

Equinor Boosts Ownership in Halten East Offshore Project to Enhance Gas Exports to Europe

(IN BRIEF) Equinor has acquired an additional 11.8% stake in the Halten East Unit from Sval Energi, increasing its ownership to 69.5%. Halten East, an offshore project in the Norwegian Sea, holds around 100 million barrels of oil equivalent, mostly … Read the full press release

EIF and Invest-NL Back €68 Million 4impact Fund to Boost Sustainable Tech Startups in Europe

(IN BRIEF) The European Investment Fund (EIF) and Invest-NL have invested in Dutch venture capital firm 4impact capital’s second fund, which closed at €68 million. This fund will support around 25 early-stage digital companies across north-western Europe focused on societal … Read the full press release

EIB Report: African Fintech Growth and Gender Strategies Drive Progress Amid Financial and Climate Challenges

(IN BRIEF) The EIB’s Finance in Africa 2024 report shows a nearly threefold increase in African fintech companies since 2020, significantly improving financial access across the continent. However, challenges like limited credit and high financing costs still impede economic growth. … Read the full press release

EBRD Invests €3 Billion to Strengthen Green Cities Programme for Sustainable Urban Futures

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has pledged an additional €3 billion to expand its Green Cities programme, supporting sustainable urban development across 50+ cities. The programme introduces enhanced Green City Action Plans (GCAPs), with updated … Read the full press release

EBRD and EU Launch €120M SME Go Green Programme to Boost Sustainable Investments in Serbia

(IN BRIEF) The EBRD, with EU support, has launched the SME Go Green programme to finance green economy investments for small and medium-sized enterprises (SMEs) in Serbia and the Western Balkans. Starting with €120 million in funding, with plans to … Read the full press release

International Operation Halts Albanian-Led Cocaine Trafficking Ring with 29 Arrests Across Europe

(IN BRIEF) An international operation coordinated by Eurojust and Europol has disrupted a major Albanian-led drug trafficking network, leading to the arrest of 29 suspects across Italy and Albania. The operation, which began with investigations in 2021, uncovered cocaine concealed … Read the full press release

Logicor Renews Lease with DHL Poland, Expanding Pharmaceutical Logistics Hub in Mysłowice

(IN BRIEF) Logicor has extended its lease with DHL Poland at its Mysłowice logistics park, where DHL occupies 12,200 sqm of warehouse space and provides logistical support for Bausch Health Poland. The facility, tailored for pharmaceutical needs with advanced temperature … Read the full press release

Digi Communications NV announces Investors Call for the presentation of the Q3 2024 Financial Results

(IN BRIEF) Digi Communications N.V. will release its Q3 2024 financial results on November 14, 2024, at 08:00 EEST. Later that day, at 14:00 UK time/16:00 EEST, the company will host a conference call to discuss the results, led by … Read the full press release

EIB Pledges €10.3 Billion for Climate-Resilient Agriculture, Energy, and Infrastructure in Europe

(IN BRIEF) The European Investment Bank (EIB) has committed €10.3 billion to support various European sectors, including agriculture, energy, water, education, and innovation. This funding includes €900 million for immediate reconstruction in flood-affected areas and a landmark €3 billion initiative … Read the full press release

Østnes Expands Nordic Operations with New Airbus H125 Helicopter Fleet Contract

(IN BRIEF) Airbus and Østnes Helicopters have signed a contract for ten additional H125 helicopters to serve the Nordic region, where these aircraft are widely used for utility and aerial missions. The agreement highlights the H125’s adaptability for critical tasks … Read the full press release

Airtelis Expands Offshore Wind Support with Airbus H145 Helicopter Agreement

(IN BRIEF) Airtelis has signed an agreement with Airbus Helicopters to acquire up to five H145 helicopters, with an initial order for one, to be operated by its subsidiary Oya Vendée Hélicoptères for offshore wind industry support. Highlighting the H145’s … Read the full press release

Southampton Astronomer’s Arctic Adventure Inspires Debut Children’s Book on Northern Lights

(IN BRIEF) Dr. Sadie Jones, an astronomer from the University of Southampton, has drawn inspiration from her expedition to Svalbard, Norway, to write her first children’s book, Seren and the Polar Bear Cub, aimed at readers 10 and up. The … Read the full press release

University of Southampton Study Links Prenatal Vitamin D to Lasting Bone Strength in Children

(IN BRIEF) New research led by the University of Southampton shows that children whose mothers took vitamin D supplements during pregnancy have stronger bones at age seven. Part of the MAVIDOS trial, the study found that these children had higher … Read the full press release

voestalpine’s 24-Hour Childcare Boosts Employee Support with Increased Demand and STEM Initiatives

(IN BRIEF) voestalpine’s expanded 24-hour childcare program at its Linz site has been warmly received by employees, especially those working in shifts. In its first year, the program has seen over a 30% increase in enrollment, with more than half … Read the full press release

New Study Reveals Amplified Risks of Climate Change and Chemical Pollution on Ecosystems and Human Health

(IN BRIEF) A University of Helsinki study led by Sabrina Roth reveals that the combination of climate change and chemical pollution creates a far greater threat to ecosystems and human health than previously understood. Roth’s research shows that extreme weather … Read the full press release

Syngenta and Maersk Strengthen Partnership to Advance Sustainable Supply Chain Innovation

(IN BRIEF) Syngenta Crop Protection and Maersk have renewed their fourth-party logistics (4PL) partnership for five more years, focusing on sustainable, optimized supply chain solutions. This extension builds on their joint commitment to reducing greenhouse gas emissions, with both companies … Read the full press release

Standard Chartered and Ant International Achieve 24/7 Liquidity Transfers via Blockchain-Powered Whale Platform

(IN BRIEF) Standard Chartered and Ant International have completed SGD-denominated liquidity transfers using Ant’s blockchain-powered Whale platform, advancing real-time, 24/7 treasury management. The platform uses blockchain and AI to enhance fund transfer efficiency, transparency, and security for Ant’s global treasury … Read the full press release

Alstom Unveils Sustainable, High-Comfort Trains for Barcelona Airport Link, Launching in 2026

(IN BRIEF) Alstom has introduced its new Coradia Stream trains, designed specifically for FGC’s upcoming airport link between central Barcelona and Josep Tarradellas Barcelona-El Prat Airport, set to launch in 2026. Built at Alstom’s facility near Barcelona, these eco-friendly, single-deck … Read the full press release

BAMBI Awards 2024: Robbie Williams Headlines Star-Studded Ceremony with Exclusive Performance

(IN BRIEF) Final preparations are underway for the BAMBI Awards at Bavaria Studios, where over 1,000 VIPs will gather to honor this year’s 13 award recipients. The evening will feature an exclusive performance by Robbie Williams, who will receive his … Read the full press release

EMA Approves Dupixent as First-Ever Treatment for Young Children with Eosinophilic Esophagitis in the EU

(IN BRIEF) The European Medicines Agency has approved Dupixent as the first treatment for eosinophilic esophagitis (EoE) in young children aged one to 11, marking a significant step in managing this condition in a critical developmental phase. The approval is … Read the full press release

Thales Partners with FEBUS Optics to Pioneer Next-Generation Security for Undersea Infrastructure

(IN BRIEF) Thales has partnered with FEBUS Optics to develop advanced monitoring solutions for critical undersea infrastructure (CUI), such as communication cables and pipelines, in response to rising security demands. The collaboration combines Thales’ expertise in underwater detection and sonar … Read the full press release

Infineon Unveils High-Performance AURIX TC4Dx Microcontroller for Next-Gen Software-Defined Vehicles

(IN BRIEF) Infineon Technologies has introduced the AURIX™ TC4Dx, the first in its new line of AURIX TC4x microcontrollers, engineered on 28nm technology to enhance performance, connectivity, and cybersecurity for software-defined vehicles. Featuring a multi-core architecture and integrated AI capabilities, … Read the full press release

Voith and Mehrer Compression Forge Partnership to Drive Hydrogen Compression Innovation for Sustainable Energy

(IN BRIEF) Voith and Mehrer Compression GmbH have entered a strategic partnership to develop hydrogen compression technology, combining Voith’s expertise in large-scale manufacturing with Mehrer’s long-standing specialization in oil-free compressors. The partnership will focus on creating efficient, high-pressure hydrogen compressors … Read the full press release

VINCI Airports Enhances Portugal-Cabo Verde Connectivity with New Direct Routes to Sal Island

(IN BRIEF) VINCI Airports has launched new direct routes between Sal Airport in Cabo Verde and Portugal’s Lisbon and Porto airports, operated by easyJet. The Lisbon-Sal route’s inauguration included celebratory events both in Lisbon and upon arrival at Sal, highlighting … Read the full press release

SGS Boosts Pharmaceutical Spray Testing with Cutting-Edge Laser Diffraction Technology in Belgium

(IN BRIEF) SGS has introduced advanced laser diffraction technology at its Wavre, Belgium lab, enhancing its ability to measure droplet sizes in spray drug delivery systems. This investment in Malvern Spraytec technology allows for real-time data collection during the spray … Read the full press release

Metso Launches Modular Concorde Cell™ Plant Units to Revolutionize Flotation Processes

(IN BRIEF) Metso is expanding its flotation portfolio with the introduction of modular Concorde Cell™ Plant Units, which are prefabricated and pre-installed containerized units designed to simplify setup and reduce on-site installation work. This new solution enhances deployment safety and … Read the full press release

Dr. Nadja Grabenströer to Lead Otto Group Logistics as New CEO, Succeeding Eva Witte

(IN BRIEF) Dr. Nadja Grabenströer will be appointed CEO of Otto Group Logistics GmbH, operating under the SupplyX brand, effective December 1, 2024. She succeeds Eva Witte, who contributed significantly to the establishment of SupplyX while serving as Chief Financial … Read the full press release

Riverty and eBay Launch New Monthly Invoice Payment Option to Enhance E-Commerce Experience

(IN BRIEF) Riverty has partnered with eBay to introduce a new monthly invoice payment option, enhancing flexibility for consumers and streamlining transactions for sellers. This collaboration allows customers to consolidate payments for multiple purchases into a single monthly invoice, which … Read the full press release

Sika Expands Market Presence in Peru with Acquisition of Tile Setting Leader Chema

(IN BRIEF) Sika has completed the acquisition of Chema, a leading Peruvian manufacturer of tile setting materials, strengthening its presence in the growing mortar segment. Founded over 50 years ago, Chema is known for its high-quality products and efficient distribution … Read the full press release

Valio’s Innovative Research Links Dairy Ingredients to Healthy Aging Using C. elegans Model

(IN BRIEF) Valio is pioneering research to enhance understanding of how dairy components like the milk fat globule membrane (MFGM) and hydrolyzed protein can promote healthy aging. Utilizing the C. elegans roundworm as a model organism, Valio’s study reveals that … Read the full press release

GRAHAM Completes First Phase of Major Build-to-Rent Development in Edinburgh’s Bonnington

(IN BRIEF) GRAHAM has completed the first phase of a significant build-to-rent (BTR) development in Bonnington, Edinburgh, transferring the project to developer PLATFORM_. This initiative will ultimately provide 464 new homes, including 116 units for intermediate market rent. The completed … Read the full press release

NWO and Stichting Big Chemistry Launch €2.8 Million Funding Initiative for AI-Driven Chemical Research

(IN BRIEF) The Netherlands Organization for Scientific Research (NWO), in partnership with Stichting Big Chemistry, has launched a funding initiative to support proof-of-concept studies that utilize artificial intelligence (AI) for predicting the physical and chemical properties of complex molecular systems. … Read the full press release

Continental Unveils Cutting-Edge Brake Control System for Bugatti Bolide Hypercar

(IN BRIEF) Continental has developed an advanced electronic brake control system for the Bugatti Bolide, a 1,600-horsepower hypercar designed exclusively for the track. This system, based on Continental’s “Motorsports ABS Kit,” integrates anti-lock braking, electronic stability control, and traction control, … Read the full press release

PNE AG Sells Papenrode Wind Farm to Qualitas Energy, Boosting Renewable Energy Production in Lower Saxony

(IN BRIEF) PNE AG has completed the sale of the Papenrode wind farm to Qualitas Energy Deutschland GmbH, enhancing the renewable energy landscape in Lower Saxony. The repowering project, which is currently under construction, will feature nine new turbines with … Read the full press release

Crédit Agricole Immobilier Strengthens Market Leadership with Acquisition of Nexity Property Management

(IN BRIEF) Crédit Agricole Immobilier has completed its acquisition of Nexity Property Management, a subsidiary specializing in commercial and residential asset management, solidifying its position as the leading institutional property management player in France. This acquisition enhances Crédit Agricole Immobilier’s … Read the full press release

EBRD Champions AI Innovation in E-Commerce with €6 Million Investment in Estonian Firm Miros

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has led a €6 million pre-series A investment round in the Estonian company Miros, marking its first venture capital investment in Estonia. This funding, which also involves Tera Ventures and … Read the full press release

EBRD Strengthens Transparency with Updated Access to Information Policy, Effective January 2025

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved an updated Access to Information Policy, which will take effect on January 1, 2025. This revised framework aims to improve transparency, accessibility, and accountability in the Bank’s information-sharing … Read the full press release

Swiss Re to Sell iptiQ European P&C Business to Allianz Direct, Expanding B2B2C Presence Across Europe

(IN BRIEF) Swiss Re is selling its iptiQ European P&C business to Allianz Direct, including its Luxembourg-based risk carrier, over 100 employees, and existing distribution agreements in several European markets. This move aligns with Swiss Re’s strategy to exit iptiQ, … Read the full press release