Category Archives: News

General News & Press Releases distributed via EuropaWire

Centrica and First Bus Partner to Expand EV Charging Access, Advancing UK Fleet Decarbonisation

(IN BRIEF) Centrica and First Bus have launched a partnership granting Centrica access to First Bus’s EV charging infrastructure, beginning at the Leicester depot. This collaboration supports both companies’ emission reduction targets and allows Centrica engineers to extend service reach … Read the full press release

Metso Rebrands Sustainability Initiative as ‘Metso Plus’ to Boost Eco-Friendly Innovation and Support EU Regulations

(IN BRIEF) Metso has rebranded its Planet Positive initiative as “Metso Plus” to support customers’ sustainability goals and align with evolving EU regulations. Launched in 2021, this initiative now includes over 100 products designed to improve energy and water efficiency, … Read the full press release

Metso and Dowa Host International Congress in Japan to Advance Recycling and Smelting Innovations

(IN BRIEF) Metso and Dowa Group’s Kosaka Smelting & Refining Co., Ltd. are hosting the 2nd International Ausmelt® TSL Licensees Congress in Japan, bringing together around 50 global industry professionals to discuss developments in recycling, the circular economy, and e-waste. … Read the full press release

Continental Tops European Tire Tests with Leading Performance in Winter and All-Season Categories

(IN BRIEF) Continental’s tires have excelled in European tire tests, winning 15 first-place rankings across various publications and automobile clubs. Their WinterContact series, including the TS 870 for small and midsize cars and the TS 870 P for more powerful … Read the full press release

Rheinmetall Secures Major Order for Advanced Sensor Cleaning Pumps in Autonomous Vehicle Market Expansion

(IN BRIEF) Rheinmetall has received a multimillion-euro order from a major German automaker to supply its electric vapor pumps, which have been innovatively adapted for sensor cleaning in autonomous vehicles. Initially developed for emissions control, this technology now ensures that … Read the full press release

Paratus Energy Moves to Euronext Oslo Børs Main Market, Marking a New Chapter in Growth and Market Access

(IN BRIEF) Paratus Energy has transitioned from Euronext Growth Oslo to the main market at Euronext Oslo Børs, becoming the fourth company to make this move within the year. Formerly known as Seadrill New Finance, Paratus serves as a holding … Read the full press release

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