Category Archives: News

General News & Press Releases distributed via EuropaWire

The Swedish Financial Supervisory Authority (FI) Welcomes Emilia Högquist as New Leader in Sustainable Finance

(IN BRIEF) The Swedish Financial Supervisory Authority (FI) has appointed Emilia Högquist as the new Head of Sustainable Finance. With extensive experience in sustainable development, she will focus on promoting the financial sector’s role in sustainability and leading FI’s efforts … Read the full press release

Strengthening EU Protections: Robert Szustkowski calls for safeguarding EU citizens’ rights to dignity

(IN BRIEF) The European Union faces a growing challenge in combating disinformation and media manipulation. Citizens and organizations are calling for an expansion of the “right to be forgotten” to include media outlets, holding them accountable for defamatory or misleading … Read the full press release

DHL Strengthens Commitment to Esports with Extended Partnership with ESL FACEIT Group

(IN BRIEF) DHL Group has extended its partnership with ESL FACEIT Group, continuing its role as the Official Logistics Partner for major esports events and expanding its involvement with the Snapdragon Pro Series and DreamHack festivals. The collaboration enhances DHL’s … Read the full press release

New Research Reveals That Combining Genetic and Demographic Data Enhances Prediction of Species’ Extinction Risks

(IN BRIEF) New research demonstrates that combining genetic diversity data with demographic information provides a more accurate prediction of extinction risks in natural populations. The study, conducted on the Glanville fritillary butterfly, shows that while genetic diversity is important, its … Read the full press release

Synology Expands Nordic Presence Through Strategic Partnership with Gandalf Distribution AB

(IN BRIEF) Synology has partnered with Gandalf Distribution AB to expand its reach across the Nordic region, including Denmark, Sweden, Norway, Finland, and Iceland. This collaboration will improve the availability and support of Synology’s advanced data management solutions, leveraging Gandalf … Read the full press release

Turkcell and Ericsson Partner to Trial 5G Cloud RAN, Pioneering Next-Gen Network Flexibility in Türkiye

(IN BRIEF) Turkcell has successfully completed a trial of Ericsson’s 5G Cloud RAN technology, becoming one of the first telecom operators globally to explore this advanced solution. The deployment marks a significant step in Turkcell’s network modernization efforts, enhancing flexibility … Read the full press release

ETH Zurich Opens New High-Tech Research Facility in Basel, Strengthening Life Sciences Collaboration

(IN BRIEF) ETH Zurich has opened a new research facility on Basel’s Schällemätteli life science campus, housing the Department of Biosystems Science and Engineering. The state-of-the-art building is designed to foster collaboration and innovation in experimental biology, bioinformatics, and bioengineering. … Read the full press release

Symrise Boosts Innovation Capabilities in Northern China with Expanded Beijing R&D Hub

(IN BRIEF) Symrise has opened an expanded Sales and R&D hub in Beijing to better serve the growing food and beverage market in Northern China. The 800 sqm facility includes advanced laboratories for beverage, dairy, culinary, and snack applications, designed … Read the full press release

EQT Private Capital Asia to Acquire Leading Southeast Asian PropTech Firm PropertyGuru

(IN BRIEF) EQT Private Capital Asia, through its BPEA Private Equity Fund VIII, has announced the acquisition of PropertyGuru Group Limited, a leading PropTech company in Southeast Asia. This move strengthens EQT’s portfolio in the digital real estate sector, providing … Read the full press release

EQT to Establish Leading Waste Management Platform in South Korea with Acquisition of KJ Environment

(IN BRIEF) EQT Infrastructure VI has acquired KJ Environment and its affiliated companies in South Korea to create a leading waste management platform focused on plastic recycling and waste-to-energy. This acquisition aligns with EQT’s strategy of investing in sustainable infrastructure … Read the full press release

SGS Launches Global Training Program to Equip Auditors with Enhanced Forced Labor Detection Skills

(IN BRIEF) SGS has partnered with Stronger Together to develop a training course aimed at enhancing the skills of auditors in detecting and reporting forced labor. The “Detecting and Reporting Forced Labor: Guidance for Auditing” course, now publicly available, equips … Read the full press release

British Gas Joins Forces with Leading Partners to Pave the Way for Decarbonizing Social Housing

(IN BRIEF) British Gas has joined a consortium with NatWest, Places for People, Sero, and Tallarna to pilot a new approach to decarbonizing up to 1,000 social housing units. The initiative will test financial models that make retrofitting more affordable, … Read the full press release

University of St.Gallen Showcases Apprenticeship Opportunities at Eastern Switzerland Education Exhibition (OBA)

(IN BRIEF) The University of St.Gallen (HSG) will participate in the Eastern Switzerland Education Exhibition (OBA) from August 29 to September 1, 2024, at the St.Gallen Olma halls. HSG will showcase six apprenticeship programs, including roles like Information and Documentation … Read the full press release

Avangrid and Statkraft Expand U.S. Renewable Energy Collaboration with New Pennsylvania Wind Farm Agreement

(IN BRIEF) Avangrid and Statkraft have signed a new Virtual Power Purchase Agreement (VPPA) for energy from the 35 MW Casselman wind farm in Pennsylvania, marking their second such deal in nine months. This agreement strengthens the partnership between the … Read the full press release

Abertis Strengthens Presence in Chile with New Ruta 5 Santiago-Los Vilos Concession

(IN BRIEF) Abertis has won the concession for the Ruta 5 Santiago-Los Vilos motorway in Chile, extending its presence in the country and solidifying its position as a leading toll road operator. Starting in April 2025, Abertis’ subsidiary VíasChile will … Read the full press release

IKEA Revolutionizes Warehouse Operations with AI-Powered Drones

(IN BRIEF) IKEA is expanding its use of AI-powered drones to automate inventory management across its warehouses in Europe and North America. After successful testing in Belgium, the drones will now operate 24/7, freeing up employees for other tasks and … Read the full press release

Wolters Kluwer’s CCH Tagetik Platform Maintains Leadership in Supply Chain Planning with Advanced AI Innovations

(IN BRIEF) Wolters Kluwer has been named a Leader in the Nucleus Research Supply Chain Planning Technology Value Matrix for the fourth consecutive year. The company’s CCH Tagetik platform is recognized for its integration of supply chain, financial, and operational … Read the full press release

Adyen Enters Indian Market with Local Payment Processing and Bengaluru Tech Hub

(IN BRIEF) Adyen has expanded into India, receiving authorization from the Reserve Bank of India to operate as an Online Payment Aggregator. The expansion includes launching local payment processing capabilities and establishing a technology hub in Bengaluru. Adyen’s platform enables … Read the full press release

BMW Group Extends Partnership with Adyen to Enhance In-Person Payments at BMW Welt and BMW Museum

(IN BRIEF) Adyen and BMW Group have expanded their partnership to include point-of-sale (POS) payment solutions at BMW Welt and the BMW Museum in Munich. This extension builds on their successful e-commerce collaboration, ensuring a seamless payment experience for BMW … Read the full press release

LANXESS Mobilizes Rely+On Virkon in Response to WHO’s Mpox Emergency Alert

(IN BRIEF) LANXESS has announced that its disinfectant, Rely+On Virkon, has been proven effective against the Mpox virus, following the WHO’s declaration of an international health emergency due to rising infections in Central and East Africa. The disinfectant is crucial … Read the full press release

Prudential Partners with Google Cloud to Launch AI Lab, Pioneering the Future of Insurance and Healthcare in Asia and Africa

(IN BRIEF) Prudential and Google Cloud have partnered to launch an AI Lab in Singapore, focused on developing AI-driven solutions to enhance customer experiences, improve healthcare access, and optimize operations in the insurance sector. The Lab will empower Prudential’s 15,000 … Read the full press release

DLG Enhances Global Trade Fair Accessibility with Deutsche Telekom’s AI-Powered Translation and Transcription Tool

(IN BRIEF) DLG (German Agricultural Society) has implemented Deutsche Telekom’s “transcribbyAI” to provide real-time transcription and translation in over 100 languages at its international trade fairs. This AI-driven tool enhances accessibility, particularly for participants with hearing impairments, and reduces costs … Read the full press release

ENGIE Achieves Financial Close on 250 MW Goorambat East Solar Farm, Paving the Way for Major Renewable Energy Expansion in Victoria

(IN BRIEF) ENGIE has reached Financial Close for the Goorambat East Solar Farm, a 250 MW renewable energy project in northern Victoria. With construction set to begin soon and completion expected by 2026, the solar farm will provide enough electricity … Read the full press release

EIF Backs €50 Million in Nine Realms Fund to Propel Sustainable Supply Chain Innovation Across Europe

(IN BRIEF) The European Investment Fund (EIF) has invested €50 million in Nine Realms’ new venture capital fund, Nine Realms Fund I K/S, which aims to raise €200 million to support early-stage companies focused on sustainable supply chain technology. The … Read the full press release

Schroders Capital Secures £2 Billion Real Estate Mandate from Wales Pension Partnership, Expands Investment in Local and UK-Wide Initiatives

(IN BRIEF) Schroders Capital has secured a £2 billion real estate mandate from the Wales Pension Partnership (WPP), following a previous £500 million private equity mandate. This new mandate will see up to £400 million invested in local initiatives across … Read the full press release

50Hertz Secures Early Approval to Upgrade Mecklar-Vieselbach Overhead Line with High-Temperature Conductors

(IN BRIEF) 50Hertz has received approval from the Federal Network Agency (BNetzA) to upgrade the Thuringian section of the 380-kV Mecklar-Vieselbach overhead line by converting it to high-temperature conductors. This decision, issued ahead of schedule, allows 50Hertz to increase the … Read the full press release

IKEA Launches Global Sleep Improvement Campaign with Record-Breaking Pyjama Gathering

(IN BRIEF) IKEA is launching a year-long campaign focused on improving sleep quality, starting with an attempt to break the GUINNESS WORLD RECORDS™ for the largest pyjama gathering in Älmhult, Sweden, on August 28th. The initiative responds to increasing customer … Read the full press release

PUMA Strengthens GCC Leadership with Key Appointments in Middle East and Turkey

(IN BRIEF) PUMA has announced leadership changes to bolster its presence in the GCC and surrounding regions. Johan Kuhlo has been appointed as Managing Director for the GCC, overseeing key markets like the UAE and Saudi Arabia, effective September 1. … Read the full press release

E.ON Reaffirms 2024 Financial Targets with €4.9 Billion EBITDA, Boosts Energy Transition Investments

(IN BRIEF) E.ON reported strong financial performance in the first half of 2024, achieving an adjusted Group EBITDA of €4.9 billion and an adjusted net income of €1.8 billion, in line with its full-year targets. The company reaffirmed its guidance … Read the full press release

RWE Secures Long-Term Solar Power Deals with Meta to Boost Renewable Energy Supply in the U.S.

(IN BRIEF) RWE has signed two long-term power purchase agreements (PPAs) with Meta to supply clean energy from two solar farms under construction in the U.S., with a combined capacity of 374 megawatts. These solar projects, located in Illinois and … Read the full press release

Rheinmetall Expands U.S. Defense Operations with Strategic Acquisition of Loc Performance for $950 Million

(IN BRIEF) Rheinmetall has announced plans to acquire Loc Performance Products, LLC, a U.S.-based vehicle specialist, for $950 million. This strategic acquisition aims to strengthen Rheinmetall’s position in the U.S. defense market and expand its production capabilities for military vehicles, … Read the full press release

ANDRITZ Supplies Advanced Equipment for Mondi’s NSSC Production Line and Woodyard Upgrade in Finland

(IN BRIEF) ANDRITZ has supplied key equipment for Mondi’s containerboard mill in Kuopio, Finland, as part of an expansion and upgrade project. The delivery includes a new hardwood NSSC production line and an upgraded woodyard, which will increase the mill’s … Read the full press release

ANDRITZ to Pioneer Industrial-Scale Fiberboard Recycling with Sonae Arauco Partnership

(IN BRIEF) ANDRITZ has been contracted to supply the world’s first industrial-scale fiberboard recycling line to Sonae Arauco’s mill in Mangualde, Portugal. This innovative system will recycle end-of-life fiberboards into valuable fibers for new fiberboard production. Sonae Arauco emphasized the … Read the full press release

Moody’s Reaffirms Outokumpu’s Ba2 Rating, Acknowledges Industry-Leading Financial Strength

(IN BRIEF) Moody’s has reaffirmed Outokumpu’s Ba2 corporate family rating with a stable outlook, maintaining the upgrade it made in May 2023 from a previous Ba3 rating. The decision reflects Moody’s recognition of Outokumpu’s strong financial position and successful profit … Read the full press release

Experian Bolsters Fraud Prevention with Acquisition of Behavioral Analytics Leader NeuroID

(IN BRIEF) Experian has acquired NeuroID, enhancing its fraud prevention capabilities with advanced behavioral analytics. This acquisition allows Experian to integrate NeuroID’s technology into its CrossCore® platform, offering clients deeper insights into digital behaviors to better detect and prevent fraud. … Read the full press release

Nadiadwala Grandson Entertainment Partners with Banijay Asia to Revolutionize Indian Content Production

(IN BRIEF) Nadiadwala Grandson Entertainment (NGE) and Banijay Asia have announced a strategic collaboration to produce original series, films, and adaptations of international hits, aiming to bring a new wave of premium content to Indian audiences. The partnership, driven by … Read the full press release

Rolls-Royce and Yuchai to Expand MTU Engine Production in China through Joint Venture

(IN BRIEF) Rolls-Royce and Yuchai Diesel are expanding their joint venture, MTU Yuchai Power, to increase production of Rolls-Royce’s mtu engines in China. The expansion will include more variants of the mtu Series 2000 and 4000 engines, with plans to … Read the full press release

Rolls-Royce Secures Contract for Mission Bay Handling Systems on UK Royal Navy’s Type 26 Frigates

(IN BRIEF) Rolls-Royce has been awarded a contract to supply its Mission Bay Handling System (MBHS) for the UK Royal Navy’s Type 26 City-class frigates. The contract, in partnership with BAE Systems, includes the production of five MBHS units at … Read the full press release

Bosch Engineering Launches Advanced Tram Assist Suite to Enhance Urban Rail Safety and Efficiency

(IN BRIEF) Bosch Engineering has introduced its innovative tram assist suite, a comprehensive driver assistance system designed to improve safety and reduce operational disruptions in urban rail systems. The suite includes features such as forward, near range, flank, and focus … Read the full press release

NatWest Executes £1.1 Billion Securitisation Deal to Boost Renewable Energy Lending

(IN BRIEF) NatWest has completed a £1.1 billion securitisation deal, backed by Nuveen Infrastructure and Christofferson Robb & Company, to increase its lending capacity in the renewable energy sector. The transaction, which provides credit protection for a portfolio of around … Read the full press release