Category Archives: News

General News & Press Releases distributed via EuropaWire

Ukraine Reopens Two Renovated Schools in Vinnytsia Oblast with EIB and EU Support

(IN BRIEF) Two schools in Vinnytsia Oblast, Ukraine, have reopened after energy-efficient renovations funded by the European Investment Bank (EIB) under the Ukraine Recovery Programme. These upgrades, benefiting over 700 students and staff, reduce CO2 emissions and energy consumption while … Read the full press release

EIB Vice President Celebrates 35-Year Partnership with UCD, Highlighting Campus Transformation

(IN BRIEF) European Investment Bank (EIB) Vice President Ioannis Tsakiris visited University College Dublin (UCD) to celebrate a 35-year partnership that has contributed €453 million towards transforming the university’s academic, scientific, and residential infrastructure. UCD President Professor Orla Feely acknowledged … Read the full press release

Ireland and EIB Collaborate to Advance Offshore Wind Port Infrastructure

(IN BRIEF) The Irish Department of Transport and the European Investment Bank (EIB) have announced a partnership to develop port infrastructure critical for supporting offshore wind projects in Irish waters. The collaboration, led by Minister Eamon Ryan and EIB Vice … Read the full press release

EIB Vice President’s Visit to Ireland Focuses on Social Housing and Green Investment

(IN BRIEF) EIB Vice President Ioannis Tsakiris visited Ireland to discuss key investment priorities with Finance Minister Jack Chambers, focusing on social housing, energy efficiency, and innovation. They reviewed the impact of the €1.6 billion EIB investment from 2023 and … Read the full press release

Ericsson Unveils 5G and FRMCS Solutions for Railways at InnoTrans 2024

(IN BRIEF) At InnoTrans 2024, Ericsson will showcase its 5G and Future Railway Mobile Communication System (FRMCS) solutions aimed at improving rail safety, efficiency, and the passenger experience. The 5G Corridors will provide high-speed connectivity for passengers, while FRMCS will … Read the full press release

WACKER Successfully Captures CO2 from Silicon Production Process in Groundbreaking Pilot

(IN BRIEF) WACKER has successfully tested a CO2 capture process at its Holla, Norway, site, achieving a 95% capture rate of emissions from silicon production. Using technology from SLB-ACC JV, the pilot marks a major step toward climate-neutral silicon manufacturing. … Read the full press release

Infineon Develops World’s First 300 mm Power GaN Technology, Boosting Semiconductor Efficiency

(IN BRIEF) Infineon Technologies has pioneered the world’s first 300 mm power gallium nitride (GaN) wafer technology, enhancing production efficiency by offering 2.3 times more chips per wafer compared to the previous 200 mm process. This breakthrough will accelerate GaN … Read the full press release

ZF LIFETEC Advances Vehicle Safety with Innovative Hybrid Testing Methods

(IN BRIEF) ZF LIFETEC is enhancing vehicle occupant protection through advanced physical and virtual testing methods at its global tech centers. By combining real-life crash simulations with virtual testing, ZF shortens development cycles and tailors safety systems like seat belts … Read the full press release

EIB Partners with Austrian Savings Banks to Fund 1,750 Affordable Green Homes in Salzburg and Innsbruck

(IN BRIEF) The European Investment Bank (EIB) is providing up to €175 million in loans to Salzburger Sparkasse and Tiroler Sparkasse to fund the construction of 1,750 affordable and energy-efficient rental flats in Salzburg and Innsbruck. The project aims to … Read the full press release

Equinor Reduces CO2 Emissions by 250,000 Tonnes Annually with Partial Electrification of Troll B and C Platforms

(IN BRIEF) Equinor has partially electrified its Troll B and C platforms, cutting annual CO2 emissions by 250,000 tonnes as part of the Troll West Electrification (TWEL) project. This move is in line with the company’s goal to halve emissions … Read the full press release

PanTera Raises €134 Million to Tackle Global Actinium-225 Shortage for Cancer Therapies

(IN BRIEF) Belgium-based PanTera has raised €134 million in a Series A funding round led by EQT Life Sciences to accelerate the large-scale production of actinium-225 (225Ac), a crucial isotope for Targeted Alpha Therapy (TAT) used in cancer treatment. The … Read the full press release

Metso Launches Upgraded Larox® PF 60 Filter and Expands Machining Capacity in Finland

(IN BRIEF) Metso has unveiled an upgraded version of its Larox® PF 60 pressure filter, designed to improve safety, efficiency, and dewatering capacity for the mining and process industries. The new filter reduces water and oil usage by up to … Read the full press release

Otto Group Becomes First in Europe to Implement Boston Dynamics’ Stretch Robot for Logistics

(IN BRIEF) The Otto Group has integrated Boston Dynamics’ Stretch robot into its logistics operations, becoming the first in Europe to do so. The robot is designed to autonomously unload containers, increasing efficiency and addressing labor shortages. This move is … Read the full press release

EIB Funds New Wind Farm in Lower Austria to Power 40,000 Homes with Clean Energy

(IN BRIEF) The European Investment Bank (EIB) has provided €20.1 million to WEB Windenergie AG (W.E.B) for the construction of a new wind farm in Spannberg, Lower Austria. The project’s first phase will build four wind turbines, with plans to … Read the full press release

Hydro Opens New Aluminium Recycling Plant in Hungary to Meet Growing Demand for Sustainable Materials

(IN BRIEF) Hydro has opened a new aluminium recycling plant in Székesfehérvár, Hungary, with a capacity of 90,000 tonnes, primarily serving the automotive sector. The facility processes post-consumer scrap and production waste, supporting the demand for low-carbon, recycled aluminium. This … Read the full press release

Continental Expands Aftermarket Product Range to Meet Electric Vehicle and Euro 7 Standards

(IN BRIEF) Continental has announced a major expansion of its aftermarket product offerings, including new sensors for driver assistance systems, chassis components, and high-pressure fuel pumps. The launch also includes the ATE New Original brake line, designed for electric vehicles … Read the full press release

Continental Advances Sustainability in Automotive Aftermarket with New Eco-Friendly Products

(IN BRIEF) At Automechanika 2024, Continental unveiled new sustainable products, including the CONTI NXT Multi V-belt, made from nearly two-thirds recycled and renewable materials, and the ATE New Original brake line for electric vehicles. These innovations aim to reduce environmental … Read the full press release

Oban Welcomes Leading Marine Scientists for Challenger Society Conference 2024

(IN BRIEF) Oban, Scotland, hosted the 2024 Challenger Society Conference, bringing together 267 marine scientists to discuss pressing global issues like climate change, biodiversity loss, and ocean education. The event, praised for both its scientific discussions and local hospitality, included … Read the full press release

Schroders Appoints Richard Oldfield as New Group CEO, Succeeding Peter Harrison

(IN BRIEF) Schroders plc has named Richard Oldfield as its next Group Chief Executive, effective November 8, 2024, pending regulatory approval. Oldfield, who joined Schroders in 2023 as CFO after a 30-year career at PwC, will succeed Peter Harrison, who … Read the full press release

Evonik Supplies Eco-Friendly Hydrogen Peroxide to Support Steinbeis Papier’s Sustainability Goals

(IN BRIEF) Evonik has partnered with Steinbeis Papier to supply carbon-neutral hydrogen peroxide for recycled paper production, reducing Steinbeis’ Scope 3 emissions. This collaboration aligns with both companies’ sustainability goals, with Steinbeis reinforcing its “ReThinking Paper” strategy. Evonik’s hydrogen peroxide … Read the full press release

DNV Launches New Climate Risk Service to Protect Solar Projects from Hail Damage

(IN BRIEF) DNV has launched a new service in partnership with Jupiter Intelligence to help solar photovoltaic (PV) developers assess the growing hail risk caused by climate change. The service provides data on hailstorm probability and size for specific locations … Read the full press release

Maersk and Hapag-Lloyd Announce Details of Gemini Cooperation, Offering Flexible Ocean Network Options

(IN BRIEF) Maersk and Hapag-Lloyd have unveiled more details about their joint ocean network, Gemini Cooperation, set to launch in February 2025. The collaboration will provide two flexible network options, aiming for over 90% schedule reliability. In response to Red … Read the full press release

BayWa AG Appoints Restructuring Expert Michael Baur to Lead Financial Recovery

(IN BRIEF) BayWa AG has appointed Michael Baur, a restructuring expert from AlixPartners, as Chief Restructuring Officer (CRO) to guide the company through its financial difficulties. Baur has been working with BayWa’s management to stabilize the business and will now … Read the full press release

ASSA ABLOY Expands Digital Portfolio with Acquisition of Smart Lock Company Level Lock

(IN BRIEF) ASSA ABLOY has acquired smart lock company Level Lock, based in Redwood City, California, to strengthen its digital access solutions in the Americas. Level Lock, founded in 2016, has 70 employees and reported $16 million in sales in … Read the full press release

Aurubis and Talga Partner to Pioneer Sustainable Graphite Recycling for European Battery Industry

(IN BRIEF) Aurubis AG and Talga Group Ltd have partnered to develop a new process for producing recycled battery-grade graphite. The collaboration combines Aurubis’ advanced recycling methods and Talga’s innovative anode production technologies to create a sustainable, circular solution for … Read the full press release

Ukrainian Lighting Company Pikart Boosts Efficiency with EBRD Support Amid War

(IN BRIEF) Pikart Lights, a Ukrainian lighting company based in Lviv, has overcome the challenges of Russia’s invasion with support from the European Bank for Reconstruction and Development (EBRD) and the EU. The company’s investment in new moulding technology has … Read the full press release

CNP Vita Assicura Awards €15.6 Billion Asset Management Mandate to Ostrum AM

(IN BRIEF) CNP Vita Assicura, a subsidiary of CNP Assurances, has entrusted Ostrum Asset Management with a €15.6 billion asset management mandate following a competitive tender. The partnership covers fixed income, equities, and multi-asset investments, along with risk management services … Read the full press release

Jørgen Vig Knudstorp Steps Down from KIRKBI, Shifts Focus to Education Initiatives

(IN BRIEF) Jørgen Vig Knudstorp, after over 20 years of leadership at LEGO and KIRKBI, will step down from his executive role by the end of 2024. He will transition into a non-executive role, focusing on children’s education initiatives through … Read the full press release

ECJ Confirms Google’s Anti-Competitive Practices, Idealo Hails Victory for Fair E-Commerce

(IN BRIEF) The European Court of Justice (ECJ) upheld the European Commission’s decision that Google abused its dominant market position by favoring its own shopping service, misleading consumers, and harming competition. idealo, a price comparison platform, welcomed the ruling as … Read the full press release

Colas Secures €77 Million Contract to Modernize Key Railway Line in Czech Republic

(IN BRIEF) Colas CZ and Colas Rail have secured a €77 million contract to modernize an 8-kilometer railway line in Northern Bohemia, Czech Republic. The project, which will begin in September 2024 and finish in 2027, involves upgrading tracks, signaling … Read the full press release

Sainsbury’s Partners with SAP, Accenture, and AWS to Modernize Commercial Systems and Enhance Customer Experience

(IN BRIEF) Sainsbury’s has partnered with SAP, Accenture, and AWS to modernize its commercial systems as part of its “Next Level Sainsbury’s” strategy. The project will enhance agility, reduce technology costs, and simplify internal systems by moving to cloud-based solutions. … Read the full press release

DB Schenker, Trailer Dynamics, and CATL Collaborate on Battery Swapping Technology for Electric Trailers in Europe

(IN BRIEF) DB Schenker, Trailer Dynamics, and CATL have partnered to explore the feasibility of Battery Swapping Technology (BST) for electric trailers in Europe. The project aims to reduce vehicle downtime and enhance efficiency with battery swaps taking just five … Read the full press release

Ahold Delhaize Repurchased 250,000 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize repurchased 250,000 shares between September 2 and September 6, 2024, at an average price of €31.22 per share, totaling €7.8 million. This is part of the company’s €1 billion share buyback program, which has repurchased a … Read the full press release

Software AG Boosts Sustainability Performance by 30%, Earns Bronze in EcoVadis 2024 Assessment

(IN BRIEF) Software AG has improved its sustainability performance by 30% in the 2024 EcoVadis assessment, earning a bronze medal with a score of 63. The company achieved notable progress in the areas of Environment, Labor & Human Rights, and … Read the full press release

Hella Gutmann Launches macsLive Telematics Platform for Real-Time Multi-Brand Vehicle Diagnostics

(IN BRIEF) Hella Gutmann, in partnership with Munic S.A., has launched macsLive, a cloud-based telematics platform that provides real-time diagnostics for multi-brand vehicles. By continuously monitoring vehicle data, macsLive enables fleet operators, workshops, and breakdown services to make informed decisions … Read the full press release

Hella Gutmann Introduces Scalable Diagnostic Software Solution with Mega Macs S 20 for Workshops

(IN BRIEF) Hella Gutmann has launched the mega macs S 20, an affordable and flexible diagnostic software for workshops. The software runs on Android devices and communicates with vehicle systems through the HG-VCI S 20 hardware. It supports modern protocols … Read the full press release

Hella Gutmann Unveils Advanced Digital ADAS Calibration Tool with Cloud Integration for Enhanced Accuracy

(IN BRIEF) Hella Gutmann has introduced the CSC-Tool X 20, a fully digital and modular ADAS calibration tool designed to enhance calibration accuracy and efficiency. Set to launch in spring 2025, the tool features cloud connectivity, semi-automated processes, and comprehensive … Read the full press release

Vodafone Germany to Expand Solar Energy Use Across Network Sites, Aiming for CO2e Neutrality by 2025

(IN BRIEF) Vodafone Germany is launching an initiative to install solar panels at its mobile phone towers and regional data centers, aiming to achieve CO2e neutrality by 2025. The project will begin with 86 sites and expand to 200 by … Read the full press release

BASF Showcases Sustainable Footwear Innovations at Simac 2024: Lightweight Soles, Recycling Solutions, and New Processing Technologies

(IN BRIEF) BASF is showcasing its latest footwear innovations at Simac 2024 under the theme “Make the Move.” The company is presenting recyclable, meltable polyurethane foams, lightweight midsole materials for enhanced comfort, and new processing technologies for more sustainable shoe … Read the full press release

Bosch Rolls Out Real-Time Road Hazard Alerts for Millions of Vehicles to Boost Road Safety

(IN BRIEF) Bosch has expanded its real-time road hazard service, now available in millions of vehicles and soon to be introduced to Mercedes-Benz Trucks. The service uses data from connected vehicles and third-party sources to warn drivers of hazards like … Read the full press release