Category Archives: News

General News & Press Releases distributed via EuropaWire

BNP Paribas Appoints Isabelle Mateos y Lago as New Chief Economist, Succeeding William de Vijlder

(IN BRIEF) BNP Paribas has appointed Isabelle Mateos y Lago as its new Chief Economist, effective September 3, 2024, succeeding William de Vijlder, who will become Economic Adviser to the Group’s General Management before retiring. Isabelle brings extensive experience from … Read the full press release

Wood Announces Strategic Divestments of Non-Core Businesses, Generating $165 Million in Proceeds

(IN BRIEF) Wood has signed agreements to sell two non-core businesses, Ethos Energy Group Limited and CEC Controls Company Inc, as part of its strategy to simplify operations and focus on core capabilities. These sales are expected to generate approximately … Read the full press release

BC Hydro Partners with Wood to Enhance British Columbia’s Electric Grid for a Sustainable Future

(IN BRIEF) BC Hydro has partnered with Wood, a global consulting and engineering firm, under a $200 million, seven-year agreement to modernize and expand British Columbia’s electric grid. The project aims to upgrade power lines, substations, and other infrastructure to … Read the full press release

EIB Approves €10.8 Billion in New Investments for Green Energy, Business Innovation, and Infrastructure Development

(IN BRIEF) The European Investment Bank (EIB) has approved €10.8 billion in new financing to support a diverse range of projects focused on green energy, business innovation, health, housing, education, and infrastructure development. This includes significant investments in clean energy … Read the full press release

European Investment Bank Reaches Milestone with Over EUR 100 Billion in Sustainability Funding Through New Climate Awareness Bond

(IN BRIEF) The European Investment Bank (EIB) has achieved a major milestone by surpassing EUR 100 billion in sustainability funding through its Climate and Sustainability Awareness Bonds (CABs and SABs). This achievement was marked by the issuance of a heavily … Read the full press release

TUM Student Embarks on a Unique Underground Space Mission in Swiss Alps

(IN BRIEF) A student from the Technical University of Munich (TUM), Ilyasse Taame, participated in the Asclepios IV mission, a student-led space simulation in the Swiss Alps. The mission replicated a lunar mission, with six students living in an underground … Read the full press release

AMAG Joins Forces with European Industry Leaders by Signing the Antwerp Declaration

(IN BRIEF) AMAG Austria Metall AG has signed the Antwerp Declaration, joining over 1,000 energy-intensive companies in calling for a European Industrial Deal to support the transition to climate neutrality while maintaining Europe’s industrial competitiveness. The declaration outlines ten key … Read the full press release

New MAN TGE ‘Next Level’ Model Unveiled with Enhanced Safety and Comfort Features for Motorhome Enthusiasts

(IN BRIEF) MAN Truck & Bus has unveiled its upgraded MAN TGE van, named the “Next Level,” at the Caravan Salon in Düsseldorf. This new model introduces significant advancements in safety and comfort, specifically designed for motorhome drivers. Key features … Read the full press release

FC Bayern and MAN Truck & Bus Team Up to Launch Electric Vehicle Charging Hub at Allianz Arenal

(IN BRIEF) MAN Truck & Bus, in partnership with FC Bayern Munich, has launched a project to build a public charging park for electric trucks and buses at the Allianz Arena in Munich. The charging park, featuring high-power and megawatt … Read the full press release

Tristan le Masne Takes the Helm as Managing Director for Alstom Southern Africa

(IN BRIEF) Alstom has appointed Tristan le Masne as the new Managing Director for Southern Africa, succeeding Bernard Peille. Tristan, previously Vice President for Finance in Alstom’s AMECA region, will lead the company’s operations in South Africa, focusing on localization, … Read the full press release

Arriva Accelerates Czech Republic’s Transition to Electric Public Transport with New Fleet of Zero-Emission Buses

(IN BRIEF) Arriva Group is advancing its commitment to decarbonizing public transport in the Czech Republic by introducing 16 new electric buses in the city of Kladno, marking the country’s largest single purchase of such vehicles. These buses will operate … Read the full press release

VELUX Group Maintains Top 3% Global Ranking in Sustainability with Consecutive Gold Ratings from EcoVadis

(IN BRIEF) VELUX Group has been awarded a gold rating by EcoVadis, a leading global provider of sustainability assessments, for the second consecutive year. The company improved its score by 7 points in 2024, achieving 78 points, which places it … Read the full press release

University of Bristol’s Emily Rayfield Honored with Royal Society Medal for Transformative Research in Palaeobiology

(IN BRIEF) Professor Emily Rayfield of the University of Bristol has been awarded the prestigious Gabor Medal by the Royal Society for her pioneering work in integrating engineering and computational methods into palaeobiology. Her research, particularly in finite element modeling, … Read the full press release

ABB Expands Environmental Monitoring Capabilities with Acquisition of Födisch Group

(IN BRIEF) ABB has announced the acquisition of Födisch Group, a leading German company specializing in advanced measurement and analytical solutions for the energy and industrial sectors. This acquisition will strengthen ABB’s position in continuous emission monitoring systems (CEMS), allowing … Read the full press release

Kudelski IoT’s Security IP Gains High Assurance Rating, Enhancing Confidence for Semiconductor Manufacturers

(IN BRIEF) Kudelski IoT’s KSE5 Security IP has received high assurance certification after rigorous testing by Applus+ Laboratories, confirming its robustness for use in critical industries like automotive, medical, and defense. The security solution meets stringent criteria for Common Criteria … Read the full press release

AF Gruppen Wins Major Onshore Disposal Contract with Potential for 30,000 Metric Tonnes of Structures

(IN BRIEF) AF Gruppen has secured a Letter of Intent (LOI) from Allseas for the onshore disposal of a 12,000 metric tonne topside structure, with an option for a second topside, potentially totaling up to 30,000 metric tonnes. The project … Read the full press release

Austrian Retailer BILLA Lends a Hand to Ukrainian Children with Free Meals

(IN BRIEF) Austrian retailer BILLA provided free packed lunches to 44 Ukrainian children from Kharkiv and Odessa during their holiday in Austria, organized by Österreichische Kinderfreunde in collaboration with the Ukrainian Embassy. The children, who spent time in Carinthia and … Read the full press release

EBRD, ACWA Power, and Uzkimyosanoat Join Forces to Launch Central Asia’s First Renewable Hydrogen Facility in Uzbekistan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced a significant investment in Uzbekistan’s first renewable hydrogen facility, marking a pioneering effort in Central Asia’s transition to greener energy sources. The project, developed in partnership with ACWA … Read the full press release

Barclays Boosts M&A Leadership with Strategic Hire of Martin Douglass as Head of Financial Sponsors

(IN BRIEF) Barclays has appointed Martin Douglass as the new Head of Financial Sponsors M&A. With nearly 15 years of investment banking experience, Douglass joins Barclays from Morgan Stanley, where he was a Managing Director. In his new role, Douglass … Read the full press release

Capgemini Acquires Syniti to Strengthen Data-Driven Transformation Capabilities

(IN BRIEF) Capgemini has announced its acquisition of Syniti, a global leader in enterprise data management, to bolster its expertise in data-driven digital transformations. The acquisition will enhance Capgemini’s ability to support large-scale SAP migrations, particularly to SAP S/4HANA, and … Read the full press release

Bergen Engines Powers Sustainable Maritime Future with New Hybrid Stern Trawler Contract for Havbryn AS

(IN BRIEF) Bergen Engines has been contracted to supply a hybrid propulsion engine for Havbryn AS’s new stern trawler, highlighting advancements in maritime sustainability. The vessel, set for delivery in 2026, will feature state-of-the-art technology to reduce fuel consumption and … Read the full press release

CMA CGM AIR CARGO Expands Global Reach with New Transpacific Boeing 777-200F Service

(IN BRIEF) CMA CGM AIR CARGO has launched its first transpacific service, connecting Hong Kong to Chicago, following the delivery of a new Boeing 777-200F on August 18, 2024. This marks a significant step in the company’s global expansion strategy, … Read the full press release

Achmea Restructures Syntrus Achmea for Strategic Growth in Mortgages and Real Estate

(IN BRIEF) Achmea has announced a restructuring of its subsidiary, Syntrus Achmea Real Estate & Finance B.V., to support its growth in the mortgage and real estate sectors. Effective October 1, 2024, the mortgage and real estate activities will be … Read the full press release

New SIX and Diebold Nixdorf Partnership Aims to Secure Switzerland’s Cash Supply Through Innovative ATM Pooling

(IN BRIEF) In Switzerland, as the number of bank branches, post offices, and ATMs has significantly decreased in recent years. The collaboration aims to develop new, efficient, and sustainable approaches to ensure long-term access to cash for Swiss citizens. A … Read the full press release

Roche’s PiaSky Approved in EU as First Monthly Self-Administered Treatment for PNH

(IN BRIEF) Roche has received approval from the European Commission for PiaSky® (crovalimab), a novel treatment for paroxysmal nocturnal haemoglobinuria (PNH), making it the first monthly subcutaneous (SC) treatment available in the European Union. PiaSky, which can be self-administered by … Read the full press release

Monza’s ‘VROOOM’ Trophies: A Fusion of Art and Speed at the 2024 Italian Grand Prix

(IN BRIEF) The 2024 Italian Grand Prix at Monza will feature unique trophies named “VROOOM,” designed by artist Andrea Sala to symbolize speed and power. These trophies, made from Valchromat and chromed aluminum, are part of Pirelli’s ongoing collaboration with … Read the full press release

SGS Selected as Official Reviewer for SIX Swiss Exchange’s New Climate Equity Flag, Boosting Corporate Transparency in Sustainability Efforts

(IN BRIEF) SGS has been approved by SIX Swiss Exchange as one of only two sustainability experts to act as official reviewers for the new ‘1.5°C Climate Equity’ flag. This flag allows Swiss-listed companies to demonstrate their commitment to limiting … Read the full press release

Harvest Partners with TA Associates and Montagu for European Expansion in FinTech Sector

(IN BRIEF) Harvest, a leading FinTech company in France, is entering a new growth phase after partnering with global private equity firms TA Associates and Montagu Private Equity. This new partnership comes after five years of successful growth under the … Read the full press release

Revolutionizing Post-Heart Surgery Care with AI: Virtual Assistant Enhances Patient Monitoring

(IN BRIEF) A Spanish hospital has successfully used an AI-powered virtual voice assistant, LOLA, to monitor patients after heart surgery, leading to early detection of complications and high patient satisfaction. This innovative approach has allowed for quicker hospital discharges and … Read the full press release

New Research Highlights the Impact of Urban Noise Pollution on Heart Health and Cardiovascular Risk

(IN BRIEF) Two European studies presented at the ESC Congress 2024 reveal the significant impact of urban noise pollution on cardiovascular health. The DECIBEL-MI study from Germany found that young heart attack patients had been exposed to higher levels of … Read the full press release

HYBRIT Initiative Achieves Breakthrough in Fossil-Free Steel Production, Paving the Way for Industrialization

(IN BRIEF) The HYBRIT initiative, a collaboration between SSAB, LKAB, and Vattenfall, has reported successful results from six years of research aimed at creating fossil-free iron and steel production. The project has demonstrated that using fossil-free hydrogen and electricity to … Read the full press release

BBVA Champions AI Innovation at Barcelona’s KDD Conference, Showcasing Financial Tech Leadership

(IN BRIEF) BBVA actively participated in the KDD (Knowledge Discovery and Data Mining) conference, held in Barcelona from August 25 to 29, 2024. The bank sponsored the event’s Finance Day, which focused on the applications of AI and machine learning … Read the full press release

GRAHAM Sets New Standard in Sustainability with Verified Emissions Data

(IN BRIEF) GRAHAM has secured external verification of its greenhouse gas (GHG) emissions data for the fourth consecutive year through the Achilles Carbon Reduce scheme, in line with ISO 14064-1:2018 standards. This verified data underpins the company’s net zero strategy, … Read the full press release

Rheinmetall Secures Major Contract for Advanced Emission Control Valves, Ensuring Long-Term Production

(IN BRIEF) Rheinmetall has won a significant contract to produce exhaust gas recirculation (EGR) valves for a major car manufacturer, valued in the low three-digit million euro range. The contract will run from January 2026 to December 2031, with Rheinmetall … Read the full press release

The Mobility House Restructures to Enhance Flexibility and Drive Zero-Emission Innovation

(IN BRIEF) The Mobility House has restructured into four specialized business units—The Mobility House Energy, Solutions, Charging, and North America—to better serve the evolving energy and mobility markets. This reorganization aims to enhance flexibility and support the company’s goal of … Read the full press release

Kapsch TrafficCom Leads Sustainability Efforts with Eco-Friendly On-Board Units

(IN BRIEF) Kapsch TrafficCom is enhancing sustainability with its TRP-4010 On-Board Unit (OBU) for toll collection, which has the smallest carbon footprint in its category. The company has introduced a refurbishment program that extends the lifecycle of these units, reducing … Read the full press release

Euronext and Nord Pool Unveil New Power Futures Market for Nordic and Baltic Regions

(IN BRIEF) Euronext and Nord Pool have announced the launch of a new Nordic and Baltic power derivatives market, named Euronext Nord Pool Power Futures. The market will be hosted on Euronext’s Optiq® trading platform and cleared by Euronext Clearing. … Read the full press release

GIGA Storage and TenneT Launch Pioneering Time-Based Grid Contract to Boost Energy Efficiency

(IN BRIEF) GIGA Storage and TenneT have signed the first-ever time-based grid connection contract, allowing GIGA Storage’s 300 MW battery project, GIGA Leopard, to efficiently connect to the electricity grid in Delfzijl, Netherlands. This innovative contract, part of a national … Read the full press release

Energy Industry Embraces AI, But Digital Divide Grows Among Companies, DNV Survey Reveals

(IN BRIEF) A DNV survey reveals that nearly half of senior energy professionals plan to integrate AI-driven applications into their operations within the next year. The survey also highlights a growing divide between “Digital Leaders,” who are excelling in digitalization … Read the full press release

Empa Names Matthias Sulzer as New Head of Engineering Sciences Department

(IN BRIEF) Empa has appointed Matthias Sulzer as the new Head of the Engineering Sciences Department, effective January 1, 2025. Sulzer, an expert in energy and building technology, will succeed Peter Richner, who will retire in March 2025. Sulzer will … Read the full press release